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Tampa Short Sale Lawyer

Select a video below to learn about Florida Short Sale Law from the Tampa attorney(s) at the law firm of Westchase Law, P.A.

Short+Sale+Law

Short Sale Law Basics: Short sales are alternatives to foreclosure in which the proceeds from selling the home falls short of the balance on the mortgage. In short sales, the lender agrees to release their lien on the home and accept less than the amount owed. The Tampa lawyer(s) at Westchase Law, P.A. answer your important questions, on video, about short sale law in Florida. For answers to your legal questions about Short Sale Law, click on a question below, or to contact Westchase Law, P.A. about Short Sale Law issues, use the form below or call (813) 701-3353.

All Video Answers

Can a short sale be done when there are multiple lenders with liens on the property?

Can a short sale lender make its borrower pay a lump sum or write a promissory note for some of the deficiency?

Can people stay in their properties for years after they stop paying because foreclosures take so long?

Do all lenders offer short sales?

Do I ask the lender about doing a short sale before I have a buyer or do I need to wait for a buyer?

Do I have to be behind on my mortgage in order to do a short sale?

Do I have to try to modify my loan and be turned down before I can short sell my house?

Do I have to use a real estate agent to do a short sale?

How long does a short sale take?

How much of a hit will my credit take after a short sale and how long will that last?

How will my real estate agent know what to list the property for in a short sale?

I bought the house when single but now am married; is my spouse's income relevant to a short sale?

I have already been served foreclosure papers, is there time to do a short sale?

I have heard the lenders will issue a 1099 in a short sale, what does that mean?

I have some savings set aside, should I move that money to a family member or somewhere else before I do a short sale?

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Related Keywords

compass 1099 borrower credit deed-in-lieu default deficiency deficiency rights foreclosure hardship IRS lien late payment lender liens lump sum modify mortgage promissory note real estate agent short sale

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Law Firm Info

Westchase Law, P.A.
http://www.WestchaseLaw.com

12029 Whitmarsh Lane
Tampa, Florida 33626

(813) 701-3353

About Our Firm

We are a community based law firm that can assist you in business law, estate planning and probate, employment law, Divorce and family law, and real estate law in a consistently ethical, responsible, timely and cost-effective manner. We believe in an environment that shows respect and professionalism not only to our clients, but also to our adversaries and their counsel. By doing so we establish goodwill that ultimately benefits you.

Our Office Location

 

The Florida lawyer(s) at Westchase Law, P.A. offer their Short Sale Lawservices to residents of Pinellas, Hillsborough, and Pasco counties; and the cities of Tampa, St. Petersburg, Clearwater, Brandon, Plant City, Tarpon Springs, Palm Harbor, Palmetto, Bradenton, Pinellas Park, Largo, Port Richey, Lake Magdalene, Ruskin, Palmetto, Brooksville, St. Pete Beach, Oldsmar, Dunedin, East Lake, Largo, Gulfport, Indian Shores, Riverview, Apollo Beach, Sarasota, Longboat Key, and Siesta Key.



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