Many “Short Sale” transactions are successfully completed without the aid of an attorney, however I always counsel my clients to seek legal advice from either an asset protection or a bankruptcy attorney.  Forward thinking individuals will understand the importance of mapping out a strategy to insulate themselves properly from potential deficiency judgments.

Guidelines are changing at a rapid pace.  New guidelines from the Department of Treasury could possible change the face of “Short Sales’ in a dramatic way.  It is important to understand the laws of your respective state and how this can affect your “Short Sale” transaction.  In Nevada, we are a recourse state, with the laws affecting individuals in various ways depending on the type of transaction it is…whether it is a “Foreclosure“, “Short Sale“, “First Trust Deed“, or “Second Trust Deed“, it is a minefield to navigate.  Being a Certified Short Sale specialist, I understand how difficult this can be for the individual who is in trouble financially.

A good attorney, who is experienced in this area can structure your assets and protect you, creatively, within the confines of the law.  Understand your rights.  Empower your financial well being.  Get good legal advice prior to making a decision on how to move forward with these types of real estate transactions.

The Law Offices of Gary Fales & Associates is the type of firm that will give you strong direction.  They will work hand in hand with you to plan an exit  strategy that makes sense…an empowering move…