Lyons Law Group, P.A.: Our Short Sale Attorney & Title Partner

Call Monica Karcz with Redfin for Details or to schedule a consultation 813-728-1400

When a home is worth less than what is owed, or a foreclosure has already started, sellers need more than a listing agent. That is why Monica Karcz partners with The Lyons Law Group, P.A., a New Port Richey real estate law firm and attorney-owned title company, on her short sale and pre-foreclosure sales.

Andrew “Andy” Lyons, the firm’s owner, has practiced law for more than 25 years with a focus on real estate litigation. Most of his practice is residential foreclosure defense and mortgage modification, and the firm has helped homeowners across Pasco and Hernando Counties since 2008.

The Short Sale Process: 10 Steps

Initial consultation and file review. We review your home’s estimated market value, mortgage information, liens, any foreclosure status, your timing and your goals. If a foreclosure case or sale date is already pending, the attorney is told right away.
Gather the short sale package. You provide the documents your lender requires. These vary by lender but commonly include an authorization to communicate, mortgage statements, financial and hardship information, tax returns or income documents, and bank statements.
Price and list the property. Monica prepares a market analysis, recommends a pricing and marketing strategy, lists the home, coordinates showings and finds a qualified buyer. The listing and contract make clear the sale is subject to lender approval.
Accept an offer subject to lender approval. You sign a purchase contract with the buyer, and it becomes part of the short sale submission. Accepting an offer does not mean the lender has approved the short sale.
Submit the complete package. The short sale package, signed contract, estimated closing statement, buyer qualification or proof of funds and other requested documents go to the lender. Other lienholders may need to approve separately.
Lender valuation and negotiation. The lender may order a broker price opinion (BPO), appraisal or other valuation, then approve, counter, ask for more documents or decline.
Review the approval letter carefully. If approved, the lender issues written terms that can cover the approved price or net proceeds, closing deadline, allowed costs, liens, any seller contribution, relocation assistance and deficiency language. The attorney reviews the approval and advises you on its legal effect.
Complete inspections, title and closing requirements. Title issues, association balances, judgments, liens, taxes, buyer financing, inspections and lender conditions are resolved within the approved timeline.
Closing. Approved proceeds are paid out according to the lender’s written approval and closing statement, and you sign the closing documents and transfer title to the buyer.
Keep the final records. Keep the lender approval letter, closing statement, release or satisfaction documents and attorney correspondence. Ask the attorney and a qualified tax professional about any questions after closing.

How We Work Together

Monica handles pricing, marketing and finding a qualified buyer through Redfin. Lyons Law Group handles the legal review, lender negotiation and title and closing work. You get one coordinated team and regular updates from both.

Services Offered by Lyons Law Group

Foreclosure options: case dismissal, loan modification, short sale and cash for keys
Short sale negotiation: financial review, lender submission and a waiver of deficiency
Real estate closings and title: contracts, title search, lien resolution, title insurance and escrow
Real estate litigation: HOA conflicts, property line disputes, quiet title and contract disputes
Estate planning and probate: wills, trusts, powers of attorney and probate administration

Schedule a Free Consultation With Andy Lyons

New Port Richey Office
4103 Little Road, New Port Richey, FL 34655
727-375-8900

Spring Hill Office
8362 Forest Oaks Blvd., Spring Hill, FL 34606
352-515-0101

Office hours: weekdays, 9 a.m. to 5 p.m. Consultations are complimentary.

Lyons Law Group & Short Sale FAQ

Who is the short sale attorney Monica Karcz works with?
Monica’s short sale and pre-foreclosure files are handled with attorney Andrew “Andy” Lyons of The Lyons Law Group, P.A., a real estate law firm and attorney-owned title company in New Port Richey, Florida.

Where is The Lyons Law Group located?
The Lyons Law Group has offices at 4103 Little Road in New Port Richey (727-375-8900) and 8362 Forest Oaks Blvd. in Spring Hill (352-515-0101), serving homeowners across Pasco and Hernando Counties and the Tampa Bay area.

What does a short sale attorney do?
A short sale attorney reviews your finances and foreclosure status, prepares and submits the lender package, negotiates with the lender, and works to obtain a written waiver of deficiency so you are not pursued for the remaining balance after the sale.

Does Lyons Law Group help with foreclosure?
Yes. Lyons Law Group handles foreclosure defense and foreclosure alternatives, including loan modifications, short sales, cash for keys and case dismissals, as well as real estate closings, title work, litigation, estate planning and probate.

How do I get started?
Call or text Monica Karcz at 813-728-1400 to discuss selling your home, or schedule a free consultation with Lyons Law Group for legal questions.

Thinking About a Short Sale?

Start with Monica. Call or text 813-728-1400, or fill out the short sale questionnaire and upload photos of your home.

Monica Karcz, Redfin and The Lyons Law Group, P.A. are independent businesses. You are always free to choose your own attorney and title company. This page is general information, not legal advice.