Danbury Real Estate Attorney
Faced with a challenging economy and a fluctuating housing market, many homeowners find difficulty in maintaining the mortgage on their property. A short sale of your residential property can enable you to retain your financial interests and cut your losses. If you are facing difficult decisions regarding your property, contact an experienced Danbury short sale attorney immediately.
We provide solutions. When an individual wishes to sell his or her property, but owes more than the property is worth, a short sale might be an option. In a short sale, the bank financing your property agrees to release the mortgage lien for less than the amount you owe on your property, thus enabling you to convey the property to a buyer without the encumbrance of a mortgage. The homeowner still faces a negative impact to their credit score. The homeowner is not automatically absolved of the loan amount that remains after the sale of the property, but it is always the goal to achieve that result.
At Yorio Law Group , we understand the difficulties you might face in trying to keep your home. A short sale might provide the best option for your financial future. It is a way to end delinquencies and put you back on track to stabilize your money. A skilled lawyer can guide you through the process and advise you on the best course of action.
Contact Our Firm
If you have questions regarding short sales, contact the Yorio Law Group, P.C. We maintain a 24 hour answering service to meet the needs of our clients. Call 203-790-4529 or complete the contact form on this website to schedule a consultation. Spanish interpretation services by appointment.