Many options are available to individuals who have fallen behind on mortgage payments, and one of those options is a short sale. In a short sale, the homeowner works with the mortgage provider or bank to agree to sell the home quickly and at the highest price possible based on the current real estate market. This process should only be done with the guidance of a trusted attorney.
At the Law Offices of David Brodman, we are proud to offer quality representation to our clients throughout the Bronx area and surrounding neighborhoods. If you are interested in becoming debt free, do not hesitate to contact the Bronx bankruptcy attorney from the Law Offices of David Brodman right away.
So why are banks and lenders willing to agree to short sales when they are actually losing money on the deals? The alternative to a short sale would be foreclosure, and in a foreclosure, the bank will lose much more than in a short sale. When a bank agrees to a short sale, it will sell the home for the highest possible bid and apply that amount toward the loan. This not only benefits the bank or lender but also helps you get out from under the crushing weight of your debts. To determine if you are eligible for a short sale, contact the trusted bankruptcy lawyer from our firm right away.
At the Law Offices of David Brodman, we are proud to offer quality representation to individuals and families who may be facing serious debt and financial hardships. If you have been struggling to make ends meet and are no longer able to afford payments toward your home, car, or consumer debt, we may be able to help. Our firm stands ready to answer any questions that you may have regarding your situation and how working with our Bronx bankruptcy lawyer can benefit your case.