Minimizing Your Exposure To Risk In Short Sale Purchases

Several issues can arise in the course of purchasing a short sale property. The last thing you want to do is spend money on home inspections, a mortgage commitment and a lawyer, only to have your contract canceled because the short sale is not approved and the seller or lender goes with another buyer. We can help you minimize the risk.

Our Focus Is On Short Sales

The experienced real estate transactions attorneys at Weber, Fabiyan & Associates, LLC, have helped countless buyers successfully close the deal on a short sale.

Too often, buyers go into a short sale purchase with inadequate information. We can tell you what to expect and how to protect yourself while putting you in the best position to make an offer the bank will accept.

Get answers to your short sale questions by calling us at 732-639-1952 or 732-895-0109 to schedule your free 30-minute consultation.

Short Sale Purchasing Basics

A short sale is an agreement by the mortgage lender to sell the home for less than what is left on the mortgage. The two biggest obstacles in purchasing a short sale are time and lender approval. Short sales take months to complete, and lenders are not easy to work with. There can be several complications, particularly if a reasonably priced home has multiple offers.

Every short sale is unique, and a successful offer will depend on the value of the property, the listing price, and the lender who owns it. Our lawyers have worked with lenders throughout New Jersey and New York on short sale offers. We can explain the process to you and we can negotiate with the lender on your behalf.

Schedule A Free Consultation Today

We offer free 30-minute consultations. If you have questions and would like to learn how we can help, give us a call, day or night, at 732-639-1952 or 732-895-0109. You can also email us, and we will get back to you as quickly as we can. Our office is in Howell, New Jersey, but we represent clients throughout New Jersey and New York, and we can make accommodations if you are unable to meet in our office during normal business hours.