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District of Columbia Real Estate Law Lawyers

Frequently Asked Questions

  • Can My Lender Come After Me in Court for the Loan Balance I Owe After a Short Sale?
    This depends in part on whether the property in the short sale is located in a judicial or a non-judicial foreclosure jurisdiction. In non-judicial foreclosure, also called a mortgage walk-away … more
  • What Are the Alternatives to a Short Sale of My Property?
    A short sale of property may be the best option for curing your current housing problem, but it is not the only option. You may be able to arrange for a loan modification from your lender, where … more
  • Do I Qualify for a Short Sale?
    In order to sell a home in a short sale, the borrower generally must be able to show they are unable to pay their mortgage and currently are experiencing a financial hardship. An involuntary loss … more
  • How Does the Short Sale Process Work?
    The first step in a short sale generally is to contact your lender and determine what is required to initiate the process. You may also want to consult with and/or hire a Realtor, real estate … more
  • What is a Short Sale?
    A short sale is where a homeowner sells their home for less money than they owe on the property. The owner of the home negotiates a discounted payoff with their mortgage company without having to … more

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