Suren is also a Maryland attorney who can negotiate short sales pursuant to the new Maryland Real Estate Commission Guidelines and the Maryland Mortgage Assistance Relief Services Act (MD MARS Act).
Suren formed Adams Realty, LLC to assist many of her former clients who surrendered a property in bankruptcy, but have continuing ownership issues due to lender delays in foreclosing. HOA and condo dues continue to accrue after the bankruptcy has been filed and those post-petition dues are not dischargeable. A short sale will put an end to the continuing liability for these and other post-petition property expenses.
A short sale is also a good alternative to a foreclosure or a deed in lieu of foreclosure, which can both have more of a negative impact on credit.
Call our office for more information at 301-805-5892.