A Voluntary Sale of the Property

 If the client has equity in the property and cannot afford the regular payments necessary to retain the property, a voluntary sale, pursuant to a contract of sale, is often a solution.  If a homeowner has decided that their best option is to voluntarily sell their property, a voluntary sale can save for the client the equity in the property which would be realized upon such a voluntary sale. 

Because a foreclosure action creates deadlines and pitfalls that are not present in a regular sale of a property, a client needs to have proper representation in selling a house that is in foreclosure.  There are issues at both the contract and closing stage that need to be resolved for the foreclosure action to be properly resolved upon a sale of the property.  If the client is selling the property while protected by a Chapter 13, there are additional considerations that are essential for the client to properly evaluate. 

          The Law Office of Ronald D. Weiss has helped many homeowners by representing them in real estate deals, especially when they are selling their property to prevent foreclosure. Often a voluntary sale is the client's ultimate goal while the client pursues other legal options to hold back the foreclosure process. (More information about our new real estate representation is available at another of our websites, www.fresh-start.com, look under areas of practice for real estate".)

          If you are considering a voluntary sale of your property, the Law Office of Ronald D. Weiss, P.C., can also assist you by recommending real estate brokers who specialize in selling under such conditions and who would charge a discounted commission.