HERE’S WHAT USUALLY HAPPENS:
There is no guarantee that lenders will forgive the remaining balance of the debt after the sale; as your attorneys, however, we ensure that any contract or agreement has provisions addressing this possibility.
We appreciate the stress our clients are going through. That’s we provide full support and take care of all correspondence. With us, you can rest assured that your sale is in expert hands.
In some cases, the lender will seek a deficiency judgment, or a court order for the seller to repay the balance of the loan. Our law firm will provide the representation you need if this situation pertains to your short sale.
Call us, we can help.
A short sale transaction is usually a drawn-out process that can sometimes take up to a 3-6 months to complete.
We take all pertinent factors into consideration, including the amount you need (as the homeowner), applicable deductions, and market conditions.
Not necessarily, but it is always prudent to consult with legal and financial professionals, given the complexity of the process.
The bank pays for the legal fees.
The bank also pays the real estate agents.
Yes, but not as much as a foreclosure does.
Our attorneys also make sure our clients have all of the details and support they need to make fully informed decisions. If you’re asking, “is a short sale right for me,”
contact our law offices for a free consultation today.
Let us be there for you.
Get to know your Short Sale Attorneys
Thanks to the Professionalism and Outsanding Customer Sevice demonstrated by The Law Office of Yuiry Moshes. I've completed many Real Estate Transactions in my years as a NYS Licensed Salesperson and Real Estate Broker. I congratulate your organization for the attention to detail and integrity you company displays.
Hired Yuri to help me through coop purchase process. Yuriy and his staff answered all my questions promptly, I've had attorneys in the past that once paid would take their time and de prioritize your mails, etc..Not the case here. My initial purchase wound up folding week before scheduled closing date due to seller negligence. Almost a year later, I received same level of effort from Yuriy second time around, closed, and am very happy with professionalism and expertise provided.
517 Brighton Beach Avenue, 2nd Floor Brooklyn, New York 11235
111 Northfield Avenue, Suite 208A West Orange, New Jersey, 07052
322 W. 48th Street, 6th Floor New York, NY, 10036
888-231-4891
We are here for you on evenings, weekends and holidays and will work around your schedule to defend your rights.