• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Harlan Florence, Attorneys at Law

Real Estate Closing Attorneys in Atlanta, Georgia

  • COVID-19
  • Lenders
    • File Status
    • Request a Fee Sheet
    • Request a Title
    • Schedule Your Closing
    • Title Insurance Calculator
    • Lender FAQ
  • Agents
    • File Status
    • Request a Fee Sheet
    • Request a Title
    • Schedule Your Closing
    • Title Insurance Calculator
    • Agent FAQ
  • Investors
    • File Status
    • Request a Fee Sheet
    • Request a Title
    • Schedule Your Closing
    • Title Insurance Calculator
    • Investor FAQ
  • Buyers
    • File Status
    • Request a Fee Sheet
    • Title Insurance Calculator
    • Buyer FAQ
  • Sellers
    • File Status
    • Request a Fee Sheet
    • Seller FAQ
  • About
    • Attorneys and Support Staff
    • Practice Areas
    • Client Portfolio
    • ALTA Best Practices Policy
  • Contact
    • Driving Directions
    • Email Directory
    • Postclosing Requests

Will you close short sale transactions?

A short sale occurs when a secured lender agrees to accept less than the full amount it is owed in exchange for releasing its interest in the property. In other words, the seller’s mortgage lender agrees to a discounted payoff at the sale.

We have closed many short sales. Just make sure to let us know that your closing involves a short sale, and when you send over a contract, make sure to send us the approval letter from the short-selling lender. If you don’t have an approval letter, just let us know, and we’ll work with you as you present the short sale offer to the lender.

When evaluating short sale offers, most lenders require a draft settlement statement. We will work with you through the short sale approval process and prepare preliminary settlement statements as may be required.

Please understand that in a short sale transaction, the seller cannot receive any proceeds from the sale. Furthermore, the short selling lender may insist upon reduced real estate agent commissions and caps to any seller-paid closing costs.

Primary Sidebar

Request A Fee Sheet
harlan_florence Harlan Florence @harlan_florence ·
14 Jul

What's up with the tax offices? https://harlanflorence.com/i-bought-my-home-and-the-tax-records-arent-showing-me-as-the-owner-im-starting-to-panic-whats-up/

Reply on Twitter 1547605780148285441 Retweet on Twitter 1547605780148285441 Like on Twitter 1547605780148285441 Twitter 1547605780148285441
harlan_florence Harlan Florence @harlan_florence ·
17 Jun

We'll be closed on Monday for Juneteenth. Enjoy the day everyone! We'll see you on Tuesday!

Reply on Twitter 1537893111619235840 Retweet on Twitter 1537893111619235840 Like on Twitter 1537893111619235840 Twitter 1537893111619235840

harlanflorence

View

Jun 10

Open
Our lobby is both wonderful and strange today.
1 0

harlanflorence

View

Mar 25

Open
Friday afternoon tunes.
1 0

harlanflorence

View

Feb 25

Open
Don't want to come to closing? Heard. Virtual closings are now cool  for another thirty days.
2 0

harlanflorence

View

Feb 21

Open
We're closed for Presidents Day. See you tomorrow!
https://www.mentalfloss.com/article/616931/presidents-day-explained
1 0

harlanflorence

View

Feb 18

Open
Well, how about that. Now we're an award-winning law firm.
6 1

harlanflorence

View

Feb 4

Open
It’s that time again when we’ll be having weird sports in the lobby. By weird, we mean amazing. Enjoy the games!
3 0
Follow on Instagram

Footer

Would You Like To Know More?

Harlan Florence, Attorneys at Law. 5775 Glenridge Drive, Building B, Suite 550, Atlanta, Georgia 30328.
T:770 817 1012 F:770 817 1013 W:www.harlanflorence.com (but you already know that, since you're here, right?)
Copyright 2005-2022, Harlan and Associates, LLC. Terms of Use.