Welcome to Home Law Realty
California's Short Sale Experts, owned and operated by
Attorney-Broker J. Arthur Roberts
Serving Home Owners in financial distress since 1991
Why Use Just Another Real Estate Agent?
Home Law Realty is creating a new standard and changing the way people use real estate agents and loan officers. Owned and operated by Attorney-Broker J. Arthur Roberts, the company only employs attorney trained agents and staff. Agents and staff are held to a higher standard of knowledge and ethics.The advantages for home owners of retaining a real estate company managed by an experienced attorney are obvious.
Home Law Realty is committed to helping homeowners who are struggling with their mortgage payments or are facing foreclosure. With a California short sale Attorney\Broker at your side, you have the opportunity to first determine whether this is truly the best option for you and to then pursue a short sale that help you protect your credit from foreclosure or bankruptcy. We can answer your questions and can offer you valuable insight into the matter.
What is a Short Sale?
A short sale involves selling a home when the proceeds of the sale are insufficient to cover the full mortgage loan amount. At times, a lender will agree to accept less than what is owed in order to avoid foreclosure, which can be a lengthy and expensive process. In most cases, the lender will also cover all sale costs: title, escrow, commissions and any necessary repairs.
For example, Bob may own a home in California. He loses his job or suffers from a demotion and begins falling behind on his payments. Rather than have his home foreclosed upon, Bob considers a short sale. He hires an expert to help him through this process, conducting negotiations with ABC Lender to find out if they will accept a short sale. No all lenders will play ball and often time a back up plan is needed. In the best case scenario, Bob ends up selling his home for $500,000, which is $50,000 less than the current balance of his mortgage loan. However, because his short sale was successfully negotiated with ABC Lender, this payment is accepted and his loan is considered paid off. The key is to know your options and the consequences BEFORE you commit to a short sale.
The Attorney-Broker J. Arthur Roberts personally consults with every Short Sale client.
With today's struggling economy and tough job market, it is no wonder that many homeowners throughout California are facing foreclosure. Loan modification often fails to offer a solution for home owners in distress. A short sale may be an option to consider in these situations, allowing the homeowner the opportunity to sell the property and therefore avoid the negative effects of foreclosure. Yet before you consider this option, you must understand the potential liabilities and credit report consequences of strategic short sale. Jumping into a Short Sale can be dangerous. A real estate agents quest for a commission or his own ignorance may spell financial disaster for a home owner. Only an experienced Debt Attorney\Real Estate Broker can provide you with a complete legal game plan that can minimize your financial liability and maximize your wealth. You need the facts on:
- Back end liability to the bank?
- Income Tax implications?
- Debt negotiation?
- Bankruptcy options?
- Credit report implications?
As needed, you may retain the Law Offices of J. Arthur Roberts is here to offer you legal guidance. To visit the Law office of J. Arthur Roberts firm blog, resume and website, click here.
Involving a Short Sale Experts in California
Making sure you have an experienced Attorney-Broker to represent your interests through your short sale is important. This is a legal process and it can become complicated if all aspects of the agreement are not handled properly. You can get burned by an uninformed real estate agent out to make a quick commission. An attorney-broker can ensure that your interests are protected and that the process goes as smoothly as possible.
Contact a short sale attorney-broker at our office today!