If you are considering a short sale make sure to contact an AZ real estate lawyer before you begin. Selling your home via a short sale is not an easy decision to make and it is important that you have all the facts before starting. An AZ real estate lawyer can provide you peace of mind and assurance by answering all of your legal questions that may surround the short sale of your home.
Two of the most important aspects of a short sale are the negotiations with your lender and the approval letter that you will receive. These are two things that a legal professional would be needed for during a short sale. By having an AZ real estate lawyer on your short sale file they can negotiate on your behalf to ensure you receive the best terms available for your short sale. As a legal professional an AZ real estate lawyer would be the best qualifed person to handle your negotiations and also answer your questions on the entire process. The approval letter you receive after a short sale will spell out the terms and conditions of your short sale. If there is any money due at closing or if you there are still outstanding deficencies it will be listed in your approval letter. An AZ real estate lawyer will be able to explain what the terms of your approval letter mean to best prepare you for the future. During the negotiation process your AZ real estate lawyer will be working for you to obtain the best terms available in the approval letter that you receive. Most importantly your AZ real estate lawyer will be able to determine if your lender can persue you for any deficiencies that remain on your mortgage and if you are liable for them after the sale.
If you are ready to complete a short sale make sure to consult an AZ real estate lawywer with all of your legal questions. They will be able to give you the best information in regards to your approval letter and the negotiations of your short sale. An AZ real estate lawyer can provide you assurance and peace of mind when considering a short sale in Arizona.