Is a Short Sale Right For You and Your Family?
It has been a tough couple of years for homeowners in the metropolitan Detroit area. Auto company layoffs. Businesses failing. Thousands of homeowners out of work for the first time in their lives. More so than anywhere else in the country, the housing market in Michigan is in deep trouble, leaving homeowners grasping for straws, trying to sell their houses, and get out from under their mortgage.
Free Initial Phone Consultation • Reasonable Fees • Years of Experience
At Galloway and Collens, we are ready to help. Increasingly, home and property owners are turning to the "short sale" as a good answer to their problem. A short sale is basically a loan modification, based on the intent to sell the property. In this process, lenders allow borrowers to sell their homes and discharge their loans with the proceeds even though the funds received are less than the balance owed. Banks and mortgage lenders don't just roll over and play dead, though. The short sale process often requires skillful negotiations. We can help you negotiate a short sale agreement with your lender, and sell your property in compliance with the agreement.
In our years of practice, we have helped hundreds of individuals and families protect their financial future by providing a full range of real estate services. Our office is centrally located at 26075 Woodward Avenue, Suite 200, in Huntington Woods, Michigan. Our goals are to provide you with counseling and advice and to help you negotiate the best deal possible for your short sale or other real estate transaction.
We provide our clients with peace of mind in a relaxed, comfortable atmosphere, in the following areas or Michigan real estate law:
- Real Estate: Any real estate transaction involves legal risk. Having an attorney negotiate, draft, or assess your agreements can help minimize this risk. Whether you are interested in commercial or residential real estate, are buying or selling, we know the area and the local rules. We negotiate land contracts and property agreements, handle actions to determine legal interests in land, research zoning and land use, and help you apply for variances.
- Real Estate Industry Law: Representation of title companies, realtors, mortgage companies, inspectors, surveyors, and builders in litigation and alternative dispute resolution.
- Real Estate Litigation: Plaintiff and defendant representation in lawsuits involving the purchase and sale of real property and situations arising out of property ownership including quieting title to land.
You can learn more about real estate attorney T. Scott Galloway and our complete range of real estate legal services by visiting our firm's full web site at www.GallowayCollens.com.
Negotiating the short sale process with your lender can be dramatically frustrating without an experienced real estate lawyer on your side. Contact our offices in Huntington Woods, Michigan, to arrange a free initial phone consultation. We represent homeowners and property buyers throughout Michigan.
