Short Sales

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Short Sales Attorney In Warwick, Rhode Island

Rhode Island And Massachusetts Short Sales - Attorney Negotiated

Tomassi Law, LLC handles real estate short sales throughout the state of Rhode Island and Massachusetts. We are unique in that we handle your short sale from start to finish. We handle the listing, marketing, negotiations and closing on your behalf. This consolidated approach allows us to handle short sales for our clients in a more efficient and effective way.


If you answer yes to any of the following questions, contact Tomassi Law, LLC today to see if a short sale is right for you?


  • Do you owe more on your mortgage than what the property is worth?
  • Do you need to sell your property but can’t sell it for enough to cover the existing mortgages and closing costs?
  • Are you having difficulties making your mortgage payments or are delinquent?
  • Are you in danger of losing your property to foreclosure?
  • Are you unable to refinance your mortgage(s)?
  • Do you need a way out of a bad real estate investment?

Call Tomassi Law, LLC at 401-941-5291 to schedule a consultation with a lawyer today.

Find out if a short sale is right for you today. 

There is absolutely no cost to you to find out. We offer an in-depth free consultation and analysis of your current situation and options. We are located in Rhode Island and handle real estate transaction statewide and in Massachusetts.

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In many cases, there is no fee to do a short sale and in some cases we may even be able to put money in your pocket at closing. We negotiate all of our short sales with the primary goal of getting your lender(s) to approve the short sale and to forgive you of the remaining debt.

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Benefits of using Tomassi Law, LLC for your short sale:

  1. In many cases there is no fee to use our services and in some cases we may even be able to get you money at closing;
  2. We will handle your short sale from start to finish;
  3. We will list your house, find a buyer, negotiate the short sale and handle the closing;
  4. Free Consultation, Options Review, Short Sale Process Explanation;
  5. Effective communication – Day, Evening and Weekend availability – In-Person, Phone, Text and E-mail;
  6. Our established short sale system increases the success of getting your short sale approved in a timely manner;
  • Free legal advise and guidance throughout the short sale process including in-person representation at closing in Rhode Island.
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Tomassi Law, LLC offers expert short sale services including short sale consultations, negotiations and closings. 


From listing your home, finding a buyer, negotiating the short sale and attending the closing, you have the experience, knowledge and expertise you need along the way. Whether it is your principal residence or an investment property – if you are behind on your mortgage payments, facing foreclosure or bankruptcy, in an adjustable rate mortgage or paying a high interest rate, or simply need to sell but you are upside down on your values – then a short sale may be right for you.

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Contact Tomassi Law, LLC today and Attorney Jared M. Tomassi will explain the short sale process, get your house listed, find a buyer, negotiate with your lender(s) and represent you at the closing! Don’t wait – get the answers and solution you need and call

Tomassi Law, LLC.

Don’t Go At It Alone!

In most cases our fee is paid out of the sale proceeds and from the banks/lenders proceeds. Even if you have a realtor, using an attorney will help your chances of obtaining and successfully closing a short sale transaction with your lender. You will have the legal representation and answers that you need that only an attorney can give you.


Benefits of a short sale:

  • 1.   Avoid Foreclosure
  • 2.   Minimize damage to your credit score
  • 3.   Avoid bankruptcy
  • 4.   Avoid a deficiency judgment against you
  • 5.   Lender paid closing costs
  • 6.   Possible deficiency balance waiver
  • 7.   Get out of a bad investment
  • 8.   Reset your financial position
  • 9.   Possible cash at closing
  • 10. A strategic and moral workout solution and start getting your life back on track – Financially and Emotionally
If you are having financial difficulties and are behind on your mortgage payments a short sale may be a viable option for you. We will sit down with you and examine your current situation and present various options to you. There is no fee for this consultation.
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A short sale is simply an agreement between you and your lender whereby your lender agrees to accept less than the full value of the amount owed to them on the mortgage and whereby they forgive the difference.

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A short sale is highly favorable for several reasons. One, the short sale is an agreement between you and the lender whereby they forgive the difference. The lender will not pursue you for the difference between the sale price and the mortgage. This is in stark contrast to a foreclosure where a lender can pursue you for the difference between what they got at auction and what you owed them. This debt can follow you for up to 10 years.

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Another benefit is that a short sale has much less of an impact on your credit score than a foreclosure and its impact does not last as long as a foreclosure on your credit score.

Tomassi Law, LLC will handle your short sale from start to finish. A short sale can be a complicated and complex transaction and if not done properly could leave you subject to future liability.

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We will arrange and coordinate with a real estate agent for you to list your property and to find a buyer. We will negotiate with the lender on your behalf, coordinate the documentation and represent you at the closing.

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Is a short sale right for you? In most cases where you are having difficulty paying your monthly mortgage payments and the value of your house is less than what you owe on the mortgage and you are not able to refinance or obtain a modification then a short sale may be your best option.


Don’t wait – get the answers and solution you need and call Attorney Jared M. Tomassi, Esq. at 401-941-5291, e-mail him at jared@attorney-ri.com or book a free consultation online today.

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