Short
sale may come into your mind but how about the formidable Winston I. Cuenant?
Have you ever considered hiring a professional o handle your loan problems?
Should you trust one? The sale of a real estate property where the proceeds from
the sale fall short of the balance owed from a loan which is secured by the
property sold is known as short sale. In process like this, the bank is in
agreement to discount a loan balance because of a financial or economic
difficulty on the part of the owner. The home owner normally attempts to sell
the property lesser than the cost of his outstanding loan balance, and give the
sale proceeds to the lender.
Numerous
lenders will straight away consent this action and accept the money from the
short sale and might forgive or maybe willing to have negotiations on what to
do with the remaining balance. Winston I. Cuenant can help both the lender and
creditor arrive at the best deal without stepping on every party’s rights.
In
some cases, the lender would have the right to commend or disagree of the
proposed sale. But you should know that negotiating a short sale is no easy
task because it can be lengthy and complicated. The lender may be required to
make a written contract with the buyer. This can be settlement of the sale or
HUD-1, a buyer’s assurance letter telling the probable buyer agreed for the new
loan, proof that the house has been on the market for a certain period of time.
This can be excellently done with the presence of an excellent real estate
lawyer.
Winston I. Cuenant, Esq., is a highly talented French
speaking attorney Miami who can extend his helping hands to guide towards a successful legal battle. He
can handle case in real estate, civil litigation, filing for bankruptcy and more.
Please Contact Our Office +19547664271 for FREE Consultation
or visit us on
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