Short sales can be tricky. Problems are likely to arise between you and the lender if you have equity in your home. If you're using the services of third-party agents who aren't licensed attorneys to purchase a home listed as a short sale, you may end up paying some unlawful fees. We provide reputable counsel to both sellers and buyers so that our clients are never put in an awkward position.

When handling short sale cases:

• We do research. Not every home offered for short sale is in good shape. Most sellers require that you take the home as-is. We assist clients by looking critically at the properties available and offering honest advice about whether the purchase is worth your money.
• We organize paperwork. If you intend to sell your property through a short sale but don't present your documentation correctly, the bank may decide to foreclose on your home instead. We look over all the paperwork and ensure that it's in proper order before presenting it to the lender. This gives you the best chance of having your offer accepted.
• We know the laws. No matter how easy certain books and bloggers make short sales look, the laws regarding selling and buying a home are best left to the professionals. As qualified bankruptcy attorneys, we understand the rules and regulations governing real estate financing and lending. We ensure that our clients aren't being taken for a ride in a short sale.

The whole point of a short sale is to keep you out of foreclosure while minimizing damage to your credit. The Naperville short sale lawyers at our firm offer sound legal advice to help clients decide which course of action will be right for their needs.