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Foreclosure in 55407 : Real Estate Advice

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  • Home Buying15
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Activity 2
Thu Nov 3, 2011
Gregory Carruthers, MBA answered:
You should still proceed with a short sale. It will be better for your credit and allow you to purchase another home in the future more quickly than with a foreclosure on your record. If you are living in California, you should not be expect to receive a deficiency judgement from your mortgage holders or the IRS. ... more
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Tue Oct 25, 2011
John Walin answered:
This isn't an ethical question at all. I wish scofflaws would be scarlet lettered and made to pay back every penny, photos and names in the newspaper and registered like sex offenders. This is strictly business as it is a contract and not at all a matter of ethics but financial consequences! ... more
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