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Attorney Michael Heath
167 108th Ave. S.
Saint Petersburg, FL. 33706

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Do’s and Don’ts of Short Sales

In order to ensure that the short sale process goes smoothly, there are some dos and don’ts that could make all the difference in the outcome of your case. First of all, don’t forget that there will be various closing costs in the sale of your property. Attorney fees, property taxes, delivery fees, notary fees, and more will need to be added in to the amount that you can give the creditor. Do remember that if you chose not to sell your home through a real estate agent, you will cut down on costs. Lastly don’t forget that the IRS may become involved. They may treat the sale as income as they are a form of debt relief. In order to avoid these pitfalls and make the best decisions, having an experienced legal representative on your side could be an invaluable benefit.