Do you need an attorney when selling a home short in the Sedona AZ Home Market?
So you have hired the right agent to sell your Sedona AZ Home for sale as a short sale. You have a contract. It's at the bank. The realtor is telling you -you have nothing to worry about. You are pretty confident that you have a nonrecourse note and you won't get slapped with a deficiency judgment by the lender. So do you need an attorney? Let me answer this question with a question. If I have a pain in my leg, and a physical therapist tells me it's just a pain and nothing to worry about - am I still going to go to the doctor and get their advice? Yes. And why? Because he is an expert. The physical therapist knows a lot about physiology of the leg -but isn't licensed in the field of medicine. The same can be said of the relationship of the realtor to an attorney when dealing with a short sale. The realtor is there to advise. The realtor doesn't know the law. Only an attorney can help you with that. In all matters in dealing with a Sedona AZ Home for Sale - I would always suggest that any consumer talk to an AZ attorney about their rights under the current law. The Short sale process is a slippery slope - and one that is constantly changing depending on the lender... the seller... the investor...things change very rapidly in that realm of real estate and only a professional attorney can give you the most expert advice. It's like my mother used to say... Don't be penny wise, and pound foolish. Hire an attorney.