Short Sale

When faced with a challenge, such as the loss of a job, health emergency, or sudden death, homeowners, more often than not, struggle to maintain financial balance and remain current on their mortgage, credit card and loan payments. Despite the need to sell your home and free yourself from the burden of monthly mortgage payments, you find yourself in an impossible predicament - your home is worth less than what you owe for it to the lender, which means you can’t sell it. Our attorneys can help in these difficult and confusing moments in your life. We will diligently work on your case and achieve the most beneficial legal solution for you. One such solution is the short sale, in which the lender agrees to lower the payoff of the homeowner’s mortgage, in favor of a quick sale and a resolution most agreeable to both parties. At the end, the lender ends up with the bulk of their loan proceeds paid off, while the homeowner avoids bankruptcy and/or foreclosure.  Call The Law Office of Alexander Paykin, P.C. today for a free consultation.