Thursday, August 25, 2011

Questions to ask your attorney

Questions you may have regarding your short sale or foreclosure

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?

  • Is a repayment plan or a short sale better for me?
  • Is a forbearance plan or a short sale better for me?
  • Is a loan modification or a short sale better for me?
  • I have an FHA loan; is a partial claim or a short sale better for me?
  • Is an assumption agreement or a short sale better for me?
  • Is a deed-in-lieu of foreclosure or a short sale better for me?
  • Should I file bankruptcy or would a short sale be better for me?

Robyn Seymour CLHMS SRES ABR CRS GRI
Prudential California Realty
949-793-5088
Robyn@RobynSeymour.com
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