Short Sales and Foreclosure Services
If you have fallen into hard times, you may find yourself struggling to pay your mortgage. A temporary setback like a job loss or an illness can have lasting economic effects. If you have fallen behind on your mortgage and don’t believe that you will be able to afford to stay in your home, a Short Sale may be a good alternative for you. While it isn’t the ideal situation, a Short Sale may result in lesser damage to your credit than a Foreclosure.
LG TITLE & ESCROW, an attorney owned and run title company will guide you through the entire process and help to facilitate the Short Sale transaction of your home. We have also created Short Sale Packages for Realtors that contain the checklist of required documents and other information necessary to submit a Short Sale package on behalf of your homeowner. Please contact us at info@llgtitle.com or call us at 954.317.1472 to obtain your Short Sale checklist.
As soon as we receive your Short Sale package, we will be working on it right away and will underwrite it within 48 hours. During that time, we will review the documents to ensure that the hardship is clearly stated, and the package is complete before sending it to the lender. Your file is then assigned to one of our Short Sale internal processors who will be responsible for submitting, processing and negotiating your transaction with your lender.
Communication is key and you will receive regular e-mail updates from your assigned processor keeping you abreast of the current activities on your transaction. Your processor and assigned attorney are also available to answer any questions. Our services do not require any up fees and there is no charge to the seller, buyer or Realtors. Our fees are negotiated with the lender, and they pay our charges at the time of closing.
We appreciate the opportunity to assist you with your transaction and look forward to working with you to find a speedy resolution to this challenge you may be facing. As a Realtor, we hope that our services will not only help your clients, but will also help you to increase your sales. We look forward to working with you. Please contact our office for a complimentary consultation to determine if a Short Sale transaction is the best alternative for you.
Our REO and Foreclosure Services
LG TITLE & ESCROW also works with sellers, investors, and lenders to facilitate the purchase and sale of foreclosure and Real Estate Owned (REO) properties (also known as bank-owned properties). With attorneys and staff who have years of experience in default and distressed property space, we provide pre-foreclosure and post-foreclosure title and closing services to sellers and buyers throughout the State of Florida.
We provide title services for buyers at foreclosure sales, produce foreclosure title reports for residential and commercial lending clients, coordinate deed-in-lieu closings, address any identified title issues, spearhead lien mitigation efforts, prepare settlement and transfer documents, and disburse funds.
For more information on how LG TITLE & ESCROW can assist with your short sale or facilitate trouble-free foreclosure and REO transactions, contact us at (954) 317-1742 or email info@llgtitle.com.