Orlando Short Sale Attorney
Navigating Short Sales in Florida With Legal Expertise
Is your home under threat of foreclosure? Do you have mountains of debt, or have you lost your source of income due to job loss, divorce, and other factors out of your control?
Opting for a short sale of your home can help relieve you of the burden. The loan lender or owner to whom you pay for the property can expect to receive most of the sale proceeds, and you have a chance to release yourself from financial responsibility.
Understanding the Short Sale Process: Your Roadmap to Success
Short sales can be complex and overwhelming, especially if you're unfamiliar with the legal intricacies involved. At Haynes Law Group, we believe that knowledge is power. That's why we've created a comprehensive roadmap to guide you through the short sale process, ensuring you understand each step along the way.
Here’s what you can expect during a typical short sale:
- Initial Consultation: We will discuss your unique situation, assess your financial standing, and determine if a short sale is the right option for you.
- Gathering Documentation: Our team will help you collect all necessary documents, such as financial statements, tax returns, and any other relevant paperwork.
- Listing Your Property: We will work with trusted real estate agents to list your property at a competitive price, attracting potential buyers while ensuring the lender's approval.
- Negotiating with Lenders: Our attorneys will handle all communications with your lender, advocating on your behalf to get the best possible outcome.
- Closing the Sale: Once an offer is accepted, we will guide you through the closing process, ensuring all legal requirements are met for a smooth transaction.
By partnering with Haynes Law Group, you gain access to experienced attorneys who will support you every step of the way. We pride ourselves on our transparent communication and commitment to your financial well-being. Don't navigate this challenging process alone—let us help you achieve a successful short sale.
At Haynes Law Group, we understand the stress and uncertainty that financial difficulties can bring, especially when it comes to the prospect of losing your home. Our experienced team is dedicated to providing expert legal assistance tailored to your unique situation. With a track record of handling thousands of cases, our ethical and committed lawyers are available 24/7 to offer guidance and support.
Reasons to Choose Our Firm:
- Available 24/7 for your convenience
- Extensively experienced in handling short sale cases
- Successfully handled thousands of cases
- Our lawyers are ethical, dedicated, and committed to your case
- We offer free case consultations to assess your situation
- Legal services are available to homeowners throughout Florida.
Call Haynes Law Group today at (888) 252-8754 or contact us online to schedule a meeting with our short sale lawyer in Orlando!
Our Clients Share Their Stories
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Kept me at ease.
“This firm eased my worries. They stayed on top of everything. Even during COVID. They were extremely patient with me. Kept me in the loop. Explored all my options. Their prompt and detailed service was much appreciated. Their customer service was very kind. Their price for service was reasonable. Loved the payment plan options they provided. Thank you for all you have done for me regarding the foreclosure case. I would recommend them to any and everyone”
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Very pleasant and polite.
“Very pleasant and honest. Was not the correct specialist for my situation but took his time and provide me with information to seek out an attorney who could help.”
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Awesome
“Ben, You and your team saved me from foreclosure . The idea of this ever happening to me was unfathomable . It brought me to my knees , but you turned that around for me. The referral for a real estate agent, Tonya Giddens was a blessing. She is amazing! I could not have managed this very difficult time without her. I trusted her from the very first time she spoke with me. Thank you so very much for representing me . You and your team were very responsive to me and very professional . I so appreciated that. I hope you all have a happy and prosperous new year!”
What Is a Short Sale?
A short sale means you are upside down on payments—you owe more than what you can currently pay off. The greatest advantage of a short sale is that you can avoid foreclosure and prevent a negative mark from showing on your credit report.
The key to having a successful short sale is to retain a knowledgeable Longwood real estate lawyer to handle your case for you.
Can You Stop a Short Sale?
- The seller decides to cancel the listing, which is agreed upon by the selling agent
- The seller receives a higher offer, which they decide to take instead of their current agreement
- A foreclosure takes place, replacing the short sale
What is the Short Sale Process in Florida?
You will agree with your lender that the property will be sold at a cost currently less than what you owe on your mortgage.
For obvious reasons, some lenders may have difficulty seeing eye-to-eye on negotiations, but ultimately, foreclosure is riskier to both you and the lenders. You can find comfort in knowing that many lenders will work with you.
Here is a general outline of how the process takes place:
- The property is evaluated and valued.
- The short sale application and paperwork are filed.
- The homeowner shows how he or she is having hardship.
- The short sale package is then created.
- The lender reviews the package.
- The short sale receives approval.
Now, the short sale process is not the same for every home and will depend greatly on how the lender decides to handle the situation. The strength of your application will lie in how compelling the reasons behind your hardship are, the overall value, and whether you have found a potential buyer to take over the property.
Don’t forget, as well, there are additional:
- Expenses
- Taxes
- Notary fees
- And other closing costs
You must consult a Longwood foreclosure defense attorney to help minimize any added or unnecessary expenses.
Contact Our Orlando Short Sale Lawyer Today
At Haynes Law Group, we specialize in navigating short sales in Florida with legal expertise, providing tailored assistance to homeowners in need. With our team's extensive experience and unwavering dedication, we stand ready to guide you through the process, offering round-the-clock support and free consultations to assess your situation. Our commitment to ethical practice ensures that your best interests remain our priority. If you're considering a short sale or need assistance with real estate matters in Orlando or anywhere in Florida, contact Haynes Law Group today.
Contact Haynes Law Group today to meet our short sale attorney in Orlando!