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Short Sale Process

Is a Short Sale Is Right for You?

A short sale is when you sell your property after negotiating with your mortgage or home equity lender to accept the amount of the sale as a full approval of the outstanding mortgage and release you from the remains of your debt.

Negotiating and conducting a short sale is a complex process, but our attorneys have the knowledge and ability to offer you serenity. If your bank has been giving you the runaround even when you have tried countless times to work with them, we can lend a hand. Email for assistance with the short sale process.

Need Help Negotiating With Your Lender?

If you are interested in a short sale, our attorneys will meet with you to review your financial status and achieve an understanding of why you want to sell the property. They will then negotiate with the bank, adeptly explaining your adversity and why the bank should work with you toward a equally beneficial result.

The bank may offer options other than a standard short sale, such as a deed in lieu of foreclosure (in which the bank takes ownership of the deed and releases you from your mortgage) or restructuring of your loan. We will explain all your options to you and give you solid legal advice so you can decide which solution is right for you.

We Make Sure the Sale Goes as Planned

Once your lender has agreed to a short sale, the process of selling the property requires careful attention. If your sale documents are improperly drafted, the sale could be canceled or you could run into legal trouble with the buyer or the bank.

FreebankruptcyEvaluation is devoted to helping Detroit, Michigan area clients throughout the short sale process. Do not get stressed or intimidated; Email and let experienced lawyers handle the negotiations and sale.