Recent studies have shown that over a quarter of homes in King and Snohomish Counties are worth less than the amount owed. When homeowners who are underwater are looking to get out from the burden of the debt, a short sale is often a good option. Our firm has negogiated over a hunderd short sales
Before we recommend a short sale to any client, we require that the client undergo a paid consultation with an attorney to make sure that the short sale is the right fit. During the consultation, we review alternatives to a short sale such as loan modifications, deeds-in-lieu, bankruptcy, and walking away from the property. We also review the tax implications of a short sale and other options.
If a short sale is a viable option for you, we can represent you through the entire process from listing the property to ensuring closing occurs and the deed of trust is properly reconveyed. By retaining a firm such as ours, you can rest assured that any documents you must sign, approval letters that we secure, and foreclosure notices you recieve are reviewed for accuracy and with your best interests in mind. We are your voice and advocate through the entire process.
Our services for negogiating the short sale are paid for on a contigency basis. This means if the property does not sell, we do not get paid. Often times, the buyer or agents will pay the fee as a condition of the contract. Even if someone else pays the fee, however, we still represent you.
If you are interested in finding out more about the short sale process or scheduling a constulation, contact us today.