Short selling your home can be a complicated and hard-to-understand process, especially if you’re already stressed and concerned about your current financial situation. Working with a short sale expert in the Denver area can ease some of the stress by guiding you through the process and explaining everything along the way.
One thing a short sale expert cannot do, however, is give you legal advice. A short sale expert can tell you everything you need to know about short selling your home, the process of doing so and their personal experiences in working with specific lenders, but at the end of the day, they’re not lawyers or attorneys, so they are incapable of providing you with legal advice. Most short sale experts will tell you that speaking with a lawyer before listing your home is a good idea because they can let you know what your liabilities are in the short sale and what you can expect from a legal standpoint.
If you are already working with a short sale expert in Denver but have some legal questions, your realtor can recommend a lawyer to you; a lot of the time short sale experts partner with lawyers because there can be many liabilities involved in the short sale process so it helps to have that person on hand. If they are partnered with a lawyer, the more than likely will offer you free legal advice when you list your home with that short sale expert.
Don’t make the mistake of going into the short sale process blindly. It can be complicated and stressful, but it doesn’t have to be. Hire someone that is an expert in short sales, take advantage of the services they are offering to you and if you have legal questions, ask your short sale expert for a recommendation. Your financial future isn’t something to be taken lightly, so make the best decisions possible by utilizing all of the resources available to you.