Menifee Short Sales Info
Debt Validation Notice
Pursuant to 15 USC 1692(G)
When you receive a Debt Validation Notice this may be the case that a Notice of Default has been filed and the foreclosure process has begun.
In California, you have 111 days from the notice of default date to the Trustee sale of your home.
In California when a trustee sale has been completed and recorded, the property transfers ownership.
The foreclosure can be stopped or stalled, depending upon your actions.
For those of you who have received this Debt Validation Notice, it would be wise to seek legal counseling form a Real Estate Attorney and a CPA prior to letting the property go.
As you may know time is ticking. If you wait, you will loose your rights to better your position in this situation and you and your family's future.
Currently, due mainly in part to a lack of knowledge, or fear, most, simply let their house go back to the bank and suffer the consequences later.
"If you fail as you never tried, you have truly failed altogether."
"Doing nothing is a poor option, and a sure way to fail."
You need to be careful and avoid the scams and the scam artists.
Time is running out and you need to act now to save yourself from more potential issues.
When a Real Estate Broker Realtor Lists you home for sale, they do not get paid until the closing of the home, out of the proceeds of the home. This means for the most part, no out of pocket costs.
If your home is not upside down you can list your home for sale with a local licensed Real Estate Broker - Realtor.
If your home is upside down, owe more than it is worth, I suggest you go to the upside down page and review your options with a Real Estate Attorney and a CPA. There are future implications and knowing your options is a great start.
As a California Licensed Real Estate Broker, I can offer to list your home for sale as a "short sale" and in part, ask the lender to accept less than what is owed on the loan.
If you would like to sell or Short Sell your house Please email me at Harold@SouthernCaliforniaHome.info with
Please put "Sell My House" or "Short Sell my House" in the subject line.
CALIFORNIA DEPARTMENT OF REAL ESTATE LICENSE 01312992
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