The Urban Team advises all our clients to hire a professional to negotiate with your lender for many reasons including:
- The rules and regulations surrounding short sales are complex and changing requiring great knowledge and skills.
- Lenders have a reputation for changing the rules of engagement. A professional negotiator who works full time talking and working with the lenders knows the ropes and is less likely to make a deal ending mistake.
- The new guidelines set forth under HAFA are mindboggleing... what else would you expect from a Government designed program. If you don't follow their rules to the letter your application can be closed without notice.
- Lenders have been known to not play well with others. A professional knows when they are playing fair and when they are not. Would you?
There are not many short sale negotiators who meet our stringent requirements. We have noted some law firms in our legal resources section that handle the negotiations between you and your lender or lender.
