Southern California Home Info
Can I Walk Away?
While we hear about this option and some take this avenue, there are other options and you should consider them.
You need to know that while the property is in your name, you are still responsible and accountable for anything and everything that happens on the property until it is no longer yours.
Doing nothing and walking away is, in my opinion, very irresponsible and stacking problems on top of problems.
At least consult with a Real Estate Attorney. Take notice I did not say any attorney.
Time is running out and you need to act now to save yourself from more potential issues.
You need to be careful and avoid the scams and the scam artists.
When a Real Estate Broker Realtor Lists you home for sale, they do not get paid until the closing of the home, out of the proceeds of the home. This means for the most part, no out of pocket costs.
If your home is not upside down you can list your home for sale with a local licensed Real Estate Broker - Realtor.
If your home is upside down, owe more than it is worth, I suggest you go to the upside down page and review your options with a Real Estate Attorney and a CPA. There are future implications and knowing your options is a great start.
As a California Licensed Real Estate Broker, I can offer to list your home for sale as a "short sale" and in part, ask the lender to accept less than what is owed on the loan.
If you would like to sell or Short Sell your house Please email me at Harold@SouthernCaliforniaHome.info with
Please put "Sell My House" or "Short Sell my House" in the subject line.
CALIFORNIA DEPARTMENT OF REAL ESTATE LICENSE 01312992
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