Law Avania is pleased to announce a new process we have instituted to assist Listing Agents and their clients in navigating the Short-Sale process.
Many of you no doubt had to deal with the extra hard work and frustration that comes with Short-Sale listings. Many of you are also discovering that in addition to the extra work, delay and frustration, there is potential liability for you, as the agent, that you may not be aware of.
* Deficiency Judgment filed against your client that was not disclosed
* Tax Liability resulting from the debt forgiveness that was not disclosed
* Client unable to secure financing on another home for three or more years following the short-sale based on the trade language used on their credit report
* Attempting to negotiate the above items with your clients lender, which could be construed as the unauthorized practice of law
Law Avania will-
* Perform a preliminary title search to determine what liens affect the property
* Gather and submit the documents required by the lender to approve the sale
* Prepare a preliminary HUD 1 Settlement Statement
* Request a pre-approval from the sellers lender in order to shorten the process, and complete the sale faster
* Negotiate the terms of the Short-Sale
By allowing Law Avania to provide this service for your seller, you are able to focus on SELLING PROPERTY!!!
PLEASE CONTACT US FOR FURTHER DETAILS!! 1-877-LAW-AVAN
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