Los Angeles Short Sale Attorney

When is a short sale the right solution?

A short sale is an increasingly more common method of home-based debt resolution that occurs when an individual and any involved lenders agree to sell a homeowners property for less than the amount of an existing loan. In some cases, short sale home sellers may be saddled with the difference between the loan amount and the selling price, but most circumstances allow for the lesser amount to be considered sufficient in relieving an individual from a home debt. A knowledgeable Los Angeles bankruptcy lawyer can talk with you about your situation and advise whether a short sale is the right solution for your specific goals.

It's no secret that short sales aren't a one-size-fits-all solution. For example, those who wish to remain in their homes may be better off considering loan modification or even bankruptcy as opposed to a short sale which focuses on total debt relief and the ultimate loss of a home. Short sales can also have a significant negative impact on credit scores which can have long-lasting effects on one's ability to secure credit for future homes, vehicles and more. Entering into a short sale requires a great deal of consideration before moving forward, and an experienced attorney is in the best position to help make your choice more clear.

Short Sale Lawyers in Los Angeles

The short sale process is often very time-consuming and is fraught with frustration. Any lenders or other parties who have an interest in the sale of your home must agree on the final sale amount, and impatient buyers may retract their offers if the circumstances prove to be too complicated. Matthews Law Firm has helped clients to negotiate many successful short sales throughout Los Angeles in as smooth a fashion as possible. Our firm focuses on finding ways to speed up the process and provide all interested parties with terms they can agree on. For 22 years we have worked to provide our clients with the very best support in debt resolution matters, and we look forward to helping many more to relocate their financial freedom.

Contact a Los Angeles short sale lawyer if you are considering a short sale as a means to resolve your home debt, and want to discuss this and other options with a skilled professional.