Can I Do a Short Sale on My Costa Mesa Home if it's Rented?- Costa Mesa Short Sale FAQS
Are you having trouble making your mortgage payment on a Costa Mesa rental home? Are you upside down, and afraid you can't sell it? Have you seen your rental income and/or your other income drop significantly and can't make up the shortfall any longer? Well, amidst all of the difficulty, there is good news! You can do a short sale on a Costa Mesa home even if it's rented. The fact that it is a rental property will not disqualify you from doing a short sale. It can be slightly more difficult if your tenant is uncooperative, and the bank may not offer as many programs for what they call a non-owner occupied property, but it is definitely possible, and you will want a broker knowledgeable in short sales to help you through the pitfalls. If the tenant is uncooperative, I have suggestions for that too. I have helped my clients go get out from under the burden by selling short sale homes with both cooperative and uncooperative tenants, and I would be happy to sit down and talk to you about whether or not a short sale might be the best option for your Costa Mesa rental property. Please call me at 714-319-9751 for a free, no obligation consultation about your options. More Costa Mesa Short Sale FAQs: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?
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 Do a Short Sale on My Costa Mesa Home if It's Rented?.
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