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If you've had at least a few conversations with your lender regarding the difficulty you're having making your mortgage payments, it has most likely become apparent that a different answer can be had for every phone call you make. Let's make this simple. If cost wasn't an issue, wouldn't you want clear answers from an accountable source to answer questions that were causing you to lose sleep? Of course you would! |
Having a Realtor alone is not the same as going through the short sale process with experienced and proven legal representation. In the normal course of listing a short sale, it is all to common for questions of a legal nature to arise, which we as Realtors are not qualified to answer (we cannot practice law). By having both a legal counsel party and your Realtor, you're assured of getting answers from those who are best qualified to answer them.
Possible levels of service may include a consultation with your designated attorney to help you understand the foreclosure process, the timelines, the short sale process, and possible outcomes regarding deficiency amounts remaining after the sale. Your attorney is your advocate and negotiates to ensure the very best possible outcome for you.
The good news is that there are brokers who work with, or include attorney counsel as a part of their short sale listing - at no cost to you! With the cost barrier removed, increase your chances to get it right the first time by seeking the services of a listing agent who includes the benefit of experienced and proven attorney counsel when considering a short sale.
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