David Stern will close the office and turn off the lights for the last time at his Plantation, Florida office on March 31, 2011. It appears that the King of Foreclosures will have to pass his crown, but the question is: Who wants to be the King of Foreclosures?
At one time, David Stern employed approximately 1,200 people. When foreclosures were being filed by the wheel barrow, it was absolutely shocking to see how many were being filed by a handful of firms. I was always shocked because each new lawsuit was a form, but it was being signed by a different attorney each and every time.
This is the third installment of this series of blogs which focuses on the types of professionals that a short sale seller should enlist when entering into the short sale process. Part I of this blog focused on the Real Estate Professional. Part II of this blog focused on the Real Estate Attorney. Part III will focus on the Tax Professional.
You’ve heard the term “Short Sale”, have read the previous blogs which explain what a Short Sale is and whether it is better to pursue a Short Sale or let the property go through foreclosure. Now you may be wondering how to get started and if there are certain individuals who may be able to assist with the process; or whether having their involvement in the short sale process might be beneficial.
It is important to understand there are three different licensed professionals who should be enlisted to assist with the Short Sale process: Real Estate Agent, Real Estate Attorney, and Tax Professional.