Go ahead and try out Kirscher Law firm in Roseville. Email the main processor Rose email@example.com. Phone # (651) 209-8440
2489 Rice Street, Suite 75
Roseville, MN 55113
Their fee structure is the best in my mind, and I would disagree with the statement "They are telling us 95% of the time banks reject attorney fees". I have found it to be the opposite, but either way worst case Rose can tell you how much comes out of your commission. I can't remember if it is $500 or closer to the $750.
And Dan is right this is a BARGAIN to you! When I first got into real estate that seemed to be all I did was negotiate my own SS, and you waste so much time doing all the admin junk with the lender. Not only that, but this is not your strong suit then you will be lost trying to understand all the paperwork and procedures that go along with a short sale.
There is something I learned from my first broker which was "don't step over dollars to pick up pennies". Even though you may have a low priced listing I can promise you it is worth the risk to use an attorney.
It is normal and occurs with most banks. Usually there is a processor who puts it all together, they submit to the asset manager who can give a yes if it is within the guidelines set by the bank, if not the asset manager gives a recomendation and it goes to a committee. The committee could be 2,3,4,5 or more people who look at and vote yes, no or to counter based on the asset managers recomendation or vote on how based on how they are feeling, if their spouse upset them before they went to work of if the donut shop got their coffee right. See there is no rhyme nor reason sometimes, or so it seems, it is just how things work.... more