A Short Sale is the sale of real estate in which the sale proceeds fall short of the balance owed on the property’s loans. The lender must consent to approve the short sale. The lender has 6 years to pursue a short seller if he does not agree to a release or settlement of the delinquency during the short sale process. Black & LoBello’s legal team will coordinate with your real estate agent as well as your lender or lenders to make sure the process has the best possible outcome for you.
Related Practice Areas
Processing • Negotiations