Orange County Short Sale Attorney

Determining if a Short Sale Is Right for You

A short sale might be in order when the real estate is worth more than the value of the loan. Individuals facing financial hardship that have difficulty making mortgage payments can resort to a short sale in order to avoid bankruptcy or foreclosure. There are many benefits to a short sale, such as:

• Avoid foreclosure
• Avoid bankruptcy
• Get rid of devaluating investment that has become a liability
• Staying out of public record filings
• Get a fair price on the sale to help the homeowner and lender minimize loss on the asset
• Avoid legal action on behalf of the lender
• Avoid negatively affecting your credit

An Orange County foreclosure defense attorney at the Law Office of J. Arthur Roberts can help you navigate the entire short sale process, as well as assess if it is even right for you. Our firm has extensive experience with all aspects of foreclosure, as well as bankruptcy. We can help resolve your burden by providing you with all available options, as well as guide you step by step to ensure an optimal outcome of the short sale.

Short Sale Lawyer in Orange County

A short sale also implies that you will sell your home below the amount you owe. Therefore, this requires you to come to an agreement with your lender to forgive the difference between the loan amount and the sale price, which is also called the deficiency. A short sale can only be done with the cooperation and agreement of the lender. It is also crucial that you are not responsible for paying the lender the deficiency, and the firm carefully protects your rights so that this is avoided.

Our firm can help you obtain an agreement with your lender. We can also help persuade the loss mitigation department of the bank to approve your short sale request. If a short sale is not possible, our firm can carefully examine your financial situation and loan agreement to identify any alternative to a short sale or foreclosure.

Contact an Orange County short sale lawyer if you need legal assistance with a short sale.