Maryland short sale attorney

Maryland short sale attorney


Maryland short sale attorney - ready to help!

This really should be a no brainer. Why NOT use a Maryland short sale attorney when you have to complete a short sale? While some attorneys do charge a homeowner upfront fees or out of pocket monies at settlement, it is quite possible
to engage a competent attorney who will work for free (paid out of sales proceeds only).

Maryland short sale attorney - Too many reasons exist to go into them all here, but the following provides at least a sketch of the high points:

1. Peace of mind

At the end of the day, you the homeowner MUST have peace of mind. That is the whole reason for doing a short sale in the first place, right? You need to trust your biggest asset to someone who is not just competent but skilled at what they do. When dealing with liability stretching into the hundreds of thousands of dollars, doesn’t it just make sense to hire someone who negotiates consumer debt for a living?

2. Better negotiation

Real estate agents are decent negotiators, there’s no doubt. Some are even quite skilled. But on the whole, it is crucial to have someone who is trained to be objective, without emotion, steady under fire, and knowledgeable about consumers’ legal rights and responsibilities. Knowledge is power, and most laymen are simply lacking in legal expertise. It’s not their fault – they didn’t go to law school and get trained: that’s what the lawyers are for.

3. Better result

With better negotiation comes better results. So many times we have seen agents declare victory on a short sale, just to be reminded that there is still work to be done because a deficiency isn’t fully waived. They even thought the short
sale approval letter did waive the deficiency when in reality it didn’t! A competent Maryland short sale attorney will be able to counsel wisely and will know the ramifications of a particular course of action better than most (or all) others.

4. Stay legal

There are significant laws in Maryland that govern debt negotiation. Real estate agents are not allowed to negotiate debt without a separate license. Period. Most agents don’t know that, or don’t care, and in any event aren’t going to disclose that to a homeowner and potentially lose a listing.

5. Let people do what they do best

There’s an old saying: a jack of all trades is a master of none. It makes sense to segment activities to make everyone really good at one thing, rather than trying to make one person master of all. Real estate agents can market properties –
at least the good ones can. They aren’t so good at details and legal things. Let’s leave that to the attorneys.