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I sold my property by a short sale procedure and had my realtor represent me at the closing. Now I have a collection agency demanding that I pay off the loan. What can I do?
Wiki User
∙ 13y ago
You need to review any documents you signed with the bank in order to see what you consented to when you signed. An attorney would have been a more appropriate advocate for you at your closing since they would have reviewed the documents and negotiated your best deal. You went to the closing with no legal representation at all. real estate agents don't "represent" anything but their commission. They are not qualified to look out for your best legal interests nor do they review your agreement with the lender. It is apparent the bank has pursued you for a deficiency and legal costs. You should seek out a consumer agency in your area that specializes in mortgage/foreclosure problems or consult with an attorney now.
Wiki User
∙ 13y ago
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