Can I Short Sale My Costa Mesa Home if I'm in Bankruptcy?

By
Real Estate Agent with Donovan Blatt Realty

Can I Short Sale My Home if I'm in Bankruptcy?

Costa Mesa Short Sale FAQs

The short answer is yes.

Doing a short sale while in bankruptcy adds another layer of complexity the short sales and may increase the time it takes to complete the short sale. Still it is quite possible to complete a short sale while in bankruptcy.

Depending upon your situation and the chapter of bankruptcy filed, you may need permission from the court and/or trustee to short sale your Costa Mesa house and/or employee your Realtor.

Although it is easier to obtain a Costa Mesa short sale before or after bankruptcy, the fact that you are in bankruptcy should not prevent you from considering a short sale if that is your best option in your current circumstances.

It is important that the potential buyer understands that the short sale may take a little longer and is willing and able to wait, and it is important to have a Realtor who can work well with your bankruptcy attorney to smoothly facilitate the short sale.

Please contact Christine Donovan at 714-319-9751 to set up your free, confidential consultation to discuss your personal situation and discuss if a short sale is the right solution for you.

See what one of our short sale sellers has to say about us.

More Costa Mesa Short Sale FAQs:

What is a Short Sale?

What are My Alternatives to a Short Sale?

Do I Qualify for a Short Sale?

Will BofA Give Me $30,000 to Short Sale My House?

How Much Will it Cost Me to Short Sale My Costa Mesa Home?

Short Sale Vs. Foreclosure

Can I Short Sale My Home if I'm in Bankruptcy?

Can I Do a Costa Mesa Short Sale if My House is Rented?

Where Will I Go After I Do a Costa Mesa Short Sale?

Will I Be Able to Buy Again after I Do a Costa Mesa Short Sale?

 

 

Originally posted at: Can I Short Sale My Costa Mesa Home if I'm in Bankruptcy?

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About the author: Christine Donovan is a California Residential Real Estate Broker with experience in assisting clients buy and sell residential real estate.

Are you upside down in your home? Is it worth less than you owe? Are you concerned about making your mortgage payment? For more information see Options to Foreclosures, understanding short sales or contact me at christine@donovanblatt.com to discuss your options.

If you want to buy a home or to list your property for sale, please click Newport Beach homes, Costa Mesa homes, Huntington Beach homes or Orange County homes.  Click the link if you are interested in buying a home at a courthouse auction sale.

Contact me at christine@donovanblatt.com or 714-319-9751 to learn about her system which will make your buying and selling experience easier.

Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warantees either express or implied. This blog is not intended to offer any legal, tax or other advice.

Click Orange County homes for sale to view all OC homes for sale.

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Topic:
Home Selling
Groups:
Foreclosure Help and Prevention
Short Sales Specialists
Short Sale REALTORS®
Tags:
costa mesa short sale faqs
short sale

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