Bronx Short Sale Lawyer
With house prices falling, many properties cannot be sold at a price that allows the seller to pay off the mortgage in full. Under these circumstances, short sales are an increasingly popular option.
In a short sale, the lender agrees to accept the sale price, less your closing costs, as payment in full. The Law Office of Phil Napolitano is a real estate and business law firm serving clients in the Bronx and throughout New York.
Attorney Phil Napolitano assists clients in finding the best solution to meet their needs and help them preserve their financial future.
People consider short sales for many reasons. Your overall debt may be so high that there is no way to avoid foreclosure while keeping your home. A short sale prevents you from being dragged into foreclosure and further damaging your credit rating. We will discuss the possibility of negotiating a short sale of your home and make sure you completely understand the financial consequences involved.
Your Advocate Throughout The Process
The short sale process is complex and mistakes can be easily made. With the assistance of an experienced real estate lawyer, you can make sure the decision you choose is the best in the long term. Bronx short sale attorney Phil Napolitano will help you assess your situation and, if needed, guide you through the short sale, making sure it goes as smoothly as possible.
We have more than 15 years of experience in real estate law, negotiating transactions and resolving disputes. We have the knowledge and skill necessary to recommend options uniquely tailored to each individual client.
We will help you apply to the bank for a short sale, documenting the hardships that have led you to seek this option. The bank will assess the value of the house and your financial situation in order to decide whether to accept. If you have multiple mortgages or home equity loans, multiple lenders will be involved.
Contact Law Office of Phil Napolitano | New York City Bank Short Sale Attorney
Se habla español. We have a large Spanish-speaking clientele and bilingual staff on hand.