When facing a foreclosure, you have many options. One option that many homeowners facing foreclosure consider is a short sale. Stephen K. Hachey, a St. Petersburg short sale attorney, has years of experience helping clients facing foreclosure by arranging short sales.
Pending sales have increased significantly year over year. This is a great sign that due to the low home prices and low mortgage rates, people are buying. One caveat however is the large number of pending sales for short sales, as a large percentage of these will likely never close without the use of a St. Petersburg short sale attorney.
Are you having trouble keeping up with the payments on your home? What if we told you we could help you avoid foreclosure and quickly sell your home for a reasonable price? While this might sound too good to be true, it’s not! It’s a short sale.
In fact, a short sale might be your best option to get you out of debt, avoid foreclosure and help you get a fresh start—but it’s imperative you work with an experienced, knowledgeable and trusted St. Petersburg short sale attorney.
At the Law Offices of Stephen K. Hachey, we’ll work on your behalf, providing the representation you expect and deserve. We pride ourselves on working with you one-on-one to understand the details of your specific situation—no matter your needs—making the often time-consuming and lengthy short sale process as quick and painless as possible. Let us provide the reliable, professional and affordable representation you expect during this difficult time.
The days of feeling helpless and confused are long gone!
What is a Short Sale and is it the Right Option for Your Situation?
A short sale happens when a lender agrees to accept less than the amount owed to pay off a loan as an alternative to foreclosure. Lenders know if the property is worth less than the amount owed and they foreclose that they will lose money. A St. Petersburg short sale attorney can often convince a lender that it will be more beneficial if they take less than what is owed now, rather than taking the property back by foreclosure and trying to sell it later.
Depending upon what you may owe on your mortgage, the current value of the home, your credit history and financial hardship, a short sale may be the answer. The knowledge of Stephen K. Hachey, an experienced Orlando short sale lawyer, can help you navigate through the short sell process as efficiently as possible to prevent a foreclosure.
What if the Property Sells For Less Than You Owe?
Sometimes the mortgage company will write off the difference between what you owe and the sale price is at closing. Sometimes they won’t. Also, depending on your purchase agreement, either the buyer or the mortgage company will have to pay the realtor fees and closing cost.
The entire process can be extremely time consuming and usually requires lengthy negotiation with the lender by a skilled attorney. Not to mention there are many pitfalls to this type of transaction, and it is critical that things be done correctly the first time, otherwise your bank may decline the transaction, or void other solutions.
The main advantage of using an experienced short sale attorney like Stephen K. Hachey is to act as a buffer between all parties involved. And to help you effectively complete the short sale process without any legal recourse.
The Law Offices of Stephen K. Hachey proudly serves Tampa, St Petersburg, Clearwater, Wesley Chapel, Brandon, Riverview, South Tampa and everywhere in between.
Need the help of a short sale lawyer? Call 727-228-2747 TODAY for a FREE, No-Obligation Consultation
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Phone & Fax
Phone: (727) 228-2747
Fax: (813) 377-4968
The Law Offices of Stephen K. Hachey, P.A.
13575 58th St N Ste 248
Clearwater, FL 33760
(By Appointment Only)