Southern California Home Info
I'm Broke, How Can I Sell My House?
Being broke is actually the best qualification for a short sale.
Selling a home in a short sale can be done at the approval of the lenders.
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.
Yes when the property sells, the property taxes get paid out of the proceeds, the escrow gets paid, the agents get paid, etc.
It is OK to sell your property if you are broke.
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 get your home sold as a "short sale" and in part, ask the lender to accept less than what is owed on the loan.
Call Me I can Help. Harold 951 821 8211
CALIFORNIA DEPARTMENT OF REAL ESTATE LICENSE 01312992
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