Category Archives: Foreclosure Defense

Written By: Louie Talacay

Short sales is one giant beast that needs to be tackled by a unified and cohesive team. Everyone needs to do their part to ensure every document is filled, collected and turned in on time, regardless of the unreasonable timeframes that may be given by the lender.

Because the nature of a short sale transaction, is rocky, at the very least, it is important that everyone has strategies for each part of the transaction. A short sale will require the seller, buyer, realtors, negotiators, closing agent and attorneys to be on their feet, ready to tackle any problem that may arise.

What is a short sale you might be wondering? For these reason the short sale negotiation team, at Blick Law Firm, has these tips for a successful short sale transaction.

Tips For a Successful Short Sale Closing…

1. Price the home to sell: This should be the fastest part of the transaction. Have your realtor set the price to a reasonable value concurrent with market prices. Remember in a short sale, the price determines how much negotiating is required. You want to price it so that it is attractive to a large buyers pool but still enough that it will appraise to a value acceptable by the seller’s lender.

2. Gather your client’s information: This maybe one of the most challenging parts and you may need to get updated information periodically. There are, however, some necessary documents that you should have before you even get a contract that will assist in expediting your short sale. Ask us for a copy of our short sale package with the documents that are pertinent to executing a short sale.

3. Negotiate your price effectively: This is do or die and everyone needs to be on their feet. Although it is the job of the negotiator to come up with an acceptable price point there are things that the realtor can provide to assist in pricing. Condition of the house, marketability, location and hardship are all things that can help the price positioning process. If you priced it well, there shouldn’t be much variance in what the bank is asking and what the buyer is willing to offer.

4. Coordinate your closing quickly: Time is of the essence! If you are lucky enough to receive an approval from the bank, you must do everything in your power to coordinate a successful closing before the approval expires. Remember, sometimes you only have a few days until the approval expires, so everything must be on point.

If you need help with your short sale transaction, schedule a consultation with one of our short sale experts at Blick Law Firm. We know how to work short sale and have had numerous success stories in helping our clients sell their home. To schedule a consultation today CALL US AT

A Real Estate Closing is the final step in the home purchase process. This phase is where the buyer and the seller sign all necessary paperwork to transfer ownership of the home.

To complete this purchase process here are 5 tips to closing your home:

1. Complete a title search
2. Purchase title insurance
3. Complete a home inspection and pest inspection
4. Negotiate the closing costs
5. Locking the interest rate of the mortgage

A buyer must open an escrow account with a neutral third party, whereby the buyer provides earnest money to be held in consideration of the purchase in order to demonstrate good-faith that the buyer fully intends on completing the sale.

These steps are important in the completion of any Real Estate transaction, and many times it is important for the buyer to seek legal counsel from a real estate attorney prior to moving forward with the purchase process. An experienced attorney can provide professional legal advice, and interpret the very complicated language involved in most Closing documents. The attorney is also capable of identifying potential problems with your purchase documentation, and can save you the hassle of dealing with unexpected complications that may arise during the Real Estate purchase process.

Blick Law Firm assists many families with the purchasing of their home with their in-house title department, Infinity Abstract & Title.

Infinity Abstract & Title is an innovative, paper-less services, aggressive, and results-oriented when answering the wide variety of title needs for our customers. They have represented many people throughout the state of Florida and the United States. Also provide mobile closings throughout the entire state of Florida.

Services provided include:

• In-house legal counsel for residential and commercial real estate transactions
• Title insurance for Florida
• Short Sale Negotiations through Blick Law Firm, Attorney Michael C. Blickensderfer
• Loan modifications through Blick Law Firm, Attorney Michael C. Blickensderfer
• Mobile, multilingual closers
• Environmentally-friendly office that emphasizes paperless files and closings
• Experience with development and commercial projects
• Licensed escrow officers with over 22 years of title insurance experience
• Wireless offices for convenient closings and presentations
• Fast and Reliable title work available between 24-48 hours
• Closings performed 6 days a week
• Last minute and evening closings available

Please inquire with any questions to info@infinityabstracttitle.com

If you or a loved one are considering purchasing a home and need advice on what to expect, call Blick Law Firm today and schedule a free 15-minute consultation with attorney Michael Blickensderfer. Think quick, call Blick!