Short Sale Legal Representation in Massachusetts
A short sale occurs when a home is sold for less than the balance of the mortgage debt. For a short sale to close, the lender or lenders must approve the sale because they will receive less than what they are owed.
How Does a Short Sale Work?
Short sales make sense in the following scenario: A homeowner is underwater, meaning the house is worth less than what is owed on the mortgage. The homeowner may be behind on mortgage payments, or he simply may not wish to overpay every month for the house. In this case, the sale of the property may be the best financial option.
The property is listed for sale contingent on lender approval. Once an offer is accepted, it is submitted to the lender along with additional information that demonstrates to the lender that the offer is the fair market price. The sale goes through once the lender approves the terms. All proceeds go directly to the lender. The lender will typically forgive the remaining balance on the first mortgage.
Is a Short Sale Right for You?
Short sales are an effective strategy for avoiding foreclosure. The damage to a borrower's credit is less than it is with foreclosure, allowing them to purchase a new home within a shorter period of time than with a foreclosure.
Logan Weinkauf has experience conducting successful short sales. He works with sellers, lenders, realtors, buyers, and buyers’ attorneys to make sure a short sale can close in an organized fashion.
Let Us Help You Resolve Financial Challenges
Our experienced team specializes in a wide range of legal matters, including asset protection, Chapter 13 bankruptcy, Chapter 7 bankruptcy, debt relief, foreclosure prevention, loan modification, short sales, wage garnishment, credit card debt relief, debt collector harassment, eliminating second mortgages, levy garnishment, rebuilding credit, debt settlement, lien release, repossession, tax matters, and family law, wills, and trusts. We understand the overwhelming challenges that financial difficulties can bring, and we are here to provide you with expert guidance and representation. Trust Attorney Logan Weinkauf to advocate for your rights and help you navigate through these complex legal processes with confidence.
In conclusion, Attorney Logain Weinkauf offers a comprehensive range of services aimed at providing effective solutions to your financial and legal challenges. Whether you are seeking asset protection, debt relief, foreclosure prevention, or assistance with tax matters, our experienced team is dedicated to guiding you through the complexities of bankruptcy law. We are committed to helping you regain control of your finances, protect your assets, and find the best possible resolutions for your unique situation. With Attorney Logain Weinkauf by your side, you can trust that your case will be handled with expertise, compassion, and a commitment to achieving your desired outcomes. Contact us today to schedule a consultation and take the first step towards a brighter financial future.
GET IN TOUCH
"*" indicates required fields
We Provide Services in Massachusetts
Contact Us Today to Schedule a Free Consultation
You shouldn't have to tackle all of the stress and frustration associated with these common individual and small business financial issues alone. Contact Attorney Weinkauf if you are facing serious financial trouble, and we will provide you with professional advice on what you can do to get out from under it all. Tell us about your concerns and the problems that you are facing, and we can explore your legal options together and find a solution that is right for you.
Logan Weinkauf has advised clients on creditor and debtor matters across many diverse areas of law, including corporate law, real estate, and family law issues in addition to bankruptcy. His experience puts him at the leading edge of debtor's rights, asset protection, and litigation, working as a trusted advisor to individuals, families, entrepreneurs, and business owners throughout Massachusetts. Call 508-375-3878 to schedule a consultation today and take the first step toward financial freedom.