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Short sale

Larry Arch of eSettlement Solutions has successfully negotiated numerous Short Sale transactions with lenders. Negotiating a short sale is a difficult process. Presenting the appropriate documents in the proper legal format is an integral part of the short sale process. The way in which the law firm or realtor presents the owner’s extenuating circumstances will influence whether the bank will discount the loan balance. Lenders have a loss mitigation department that process potential short sale transactions. It is critical that the negotiation is handled by an experienced short sale Realtor or a qualified short sale attorney. In addition, Short Sale negotiations often involve the Second Trust lenders and other lien holders, such as Condo or Homeowners Associations.