Zachary Zawarski, Esquire, is a short sale attorney practicing in Bethlehem, Pennsylvania. If you want to sell your home for less than the amount you owe on the mortgage, you need to obtain the bank’s approval for the sale. This is commonly known as a “short sale.”
In many cases, we have had clients who tried to work with their lender to get a short sale approved, but their lender just wasn’t working with them. As your Bethlehem short sale attorney, we’ll be able to contact your bank to ensure that your short sale is approved.
Once a bank acknowledges that you are represented by legal counsel, they understand that they’ll have to incur significant legal expenses in obtaining a foreclosure judgment. In some cases, selling the home for less than the amount owed on the mortgage is the financially prudent thing for the bank to do.
If you have a short sale negotiator who is not a licensed attorney in Pennsylvania, you are doing yourself a disservice. Once the home is in foreclosure, the “short sale specialist” does not have the ability to provide any legal services whatsoever. During the foreclosure process, we can file an answer to the complaint raising counterclaims and defenses, as well as present various legal motions and petitions for relief from various foreclosure proceedings.
The end result from this is to get your lender to cooperate with you and maximize your chances of getting a short sale or loan modification approved. If you have a property located in Bethlehem, PA that you are looking to sell for less than the amount you owe on the mortgage, please give us a call for a free consultation at (610) 417-6345. We’ll be able to explain how we can help you get out of this difficult situation so you will no longer have to deal with the aggravation of trying to contact your lender.