Questions To Ask Your Attorney 

If you are a homeowner whose property is in default or on its way, then you may be considering a short sale. Here are a few questions you should ask a qualified attorney.
 
1.     What outcome in comparison to a short sale would be better for my particular situation?
a.     Is a repayment plan or a short sale better for me?
b.     Is a forbearance plan or a short sale better for me?
c.     Is a loan modification or a short sale better for me?
d.     I have an FH A loan; is a partial claim or a short sale better for me?
e.     Is an assumption agreement or a short sale better for me?
f.      Is a deed-in-lieu of foreclosure or a short sale better for me?
g.     Should I file bankruptcy or would a short sale be better for me?
 
2.     In reference to my situation, would a short sale, bankruptcy, deed-in-lieu of foreclosure, or a foreclosure be more damaging to m y credit rating?
 
3.     Are there any tax implications I should be aware of if I undergo the short sale process?
 
4.     Can my lender still proceed with a foreclosure even if a short sale is agreed on?
 
5.     Under what conditions would filing bankruptcy be better to a foreclosure or short sale?

Call us TODAY! Blanca Ramirez (408) 608-8713, Nidia Nuristani (408) 836-2458, or Click here to have a Certified Distressed Property Expert call you today.