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.