sarasota short sale bankruptcy: Should I complete a Short Sale even if intend to file Bankruptcy?
- 12/30/10 08:10 AM
Many Sarasota, Florida homeowners that are facing a pending Foreclosure are under the misconception that a Bankruptcy will make all their financial problems go away pertaining to a property that is going into foreclosure. However, this is not necessary true. Let's assume that a homeowner owns a property where the mortgage balance is more than what their property is worth and the homeowner does not want to own the property any longer. Filing a Chapter 7 Bankruptcy on their over-mortgaged property to surrender their property and avoid a deficiency judgment may seem like the quick and easy way out. However, the … (1 comments)
Short Sales in Sarasota & Foreclosures in Sarasota - Sarasota Real Estate for Sale & Information for Homeowners Facing Foreclosure - by Sarasota Short Sale Expert & Real Estate Agent Troy Funk, CDPE, SFR, who has helped many homeowners successfully stop foreclosures with short sales in Sarasota, Florida.
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