Short Sales And Legal Advice

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As a Phoenix Short Sale Specialist, I think that it is vitally important that I continue to educate myself as to the risks involved in short sales. In order to do this, the Steve Horn Team went and visited the law offices of Thomson Law who specialize in real estate law as it relates to foreclosures and short sales. This group was a wealth of knowledge and it put into perspective our role as realtors in the short sale process. As a Phoenix short sale real estate agent I was reminded of several items:

****Realtors are not lawyers and we as realtors can not give legal advice when it comes to deficiencies and judgments---this is what lawyers are for.

****Our job as a short sale specialist is to price the home correctly, secure the buyer, negotiate on behalf of the seller.

****As a Phoenix short sale real estate agent, my job is to find a win win solution between the bank and the seller.

As we listened to the advice, I was reminded by the staff at Thomson Law that the short sale is an unwinding or unraveling of a loan and the real estate is merely the asset that is attached to this loan. As a Phoenix short sale Specialist, I take risk in listing short sale properties based on the tax and legal implications. I will advise all of my clients to seek legal and tax advice prior to taking in short sale listings. At Short Sales Done Easy we make short sales done easy however we advise properly as well.

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• Short Sale specialist
• steve horn
• foreclosure
• real estate law