Port St. Lucie Short Sale Attorney

Looking for a foreclosure alternative?

A short sale occurs when a property owner sells his / her home for less money than the amount owed on the property’s mortgage. While this scenario is not ideal, it is a viable option for individuals who cannot make their monthly mortgage payments and want to avoid foreclosure.

“Do I need an attorney for a short sale?”

Short sales can involve legal issues not found in regular home sales. If you are looking to purchase or sell a home via short sale, speak with an attorney to make sure that your personal liability and finances are protected. In short, if you have legal questions about the short sale, you need a lawyer.

• Asset Protection – If you are hoping to sell your home through a short sale, the bank may scrutinize your personal financial records. If the bank is losing money on the sale, it may attempt to recover some of the funds lost in the sale. An attorney can help you protect your assets against a lawsuit from the bank during the short sale process.
• Personal Liability – Unless the bank releases the seller from personal liability, it may attempt to garnish future wages or pursue payment from the seller. With the help of an attorney, you can seek release from any personal liability associated with the short sale of your home. This will not only protect your finances but your peace of mind as well.

85 Years of Local Legal Experience

Crary Buchanan has served the Port St. Lucie community since 1927. To see what our attorneys can do for your short sale, call our office today and schedule your initial consultation. You can also contact us online through our case evaluation form, which you can find here. The sooner we hear from you, the sooner we can help!