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.