REAL ESTATE LAW
Based here in Seattle Washington since 2001, we know the area and the local real estate market intimately. We represent individual and business clients alike in a variety of real estate areas including purchase and sale agreements, mortgage contracts, commercial/residential leases, closings, landlord/tenant issues, short sales, loan modification and foreclosure defense.
Our real estate attorneys have successfully represented hundreds of clients in various transactions throughout the Seattle area. The ever-changing landscape of real estate law requires our attorneys to stay on the cutting-edge of industry trends enabling them to deliver the highest quality legal representation at reasonable costs. Let us put our experience to work for you.
A short sale occurs when a mortgage lender agrees to accept less than the outstanding loan amount owed to satisfy the seller's loan securing the real estate. A short sale allows both the lender and the distressed property owner avoid foreclosure by selling the property at a loss. If your home is upside down (you owe more than the property is worth) and you are in financial hardship, we can potentially help get you out of your situation without having to file for bankruptcy.
Short sale transactions are complicated and much more time consuming than an average real estate sale, making it important to retain an experienced real estate attorney to oversee and negotiate the transaction. A short sale is initiated by a distressed seller listing the property for sale at the current market price, sometimes at a much lower amount than what the seller may have originally paid for the property. There then must be an offer to purchase by a bona fide purchaser for the property, before the short sale offer can be submitted to your lender. Our experienced real estate attorneys can help sellers throughout the short sale process deal and negotiate with their lenders and draft sales contracts which include the conditions of the short sale.
Escrow First Services is a department of Tran Law Group, PS, a Washington State Law Firm.
Types of Escrow Services:
Short Sales/ Foreclosures
Follow the link below for the Escrow First Services website.