i am walking out of a condo because i am letting is go into forclouse but it got damage bad last minute of

Asked by Tinandi, Long Beach, CA Fri Aug 29, 2008

moving out so will it be debt free from the bank. i did not want to short sale

Help the community by answering this question:

+ web reference
Web reference:


Shel-lee Dav…, Agent, Rolling Hills Estates, CA
Sat Aug 30, 2008

I specialize in this area, both Long Beach and Foreclosure on properties. I can tell you there is no guarantee that walking away from your property and letting it go into foreclosure will leave you debt free. It all depends on your individual situation. It might be helpful to get legal and tax advice, as these are two other areas that might impact your future. You may walk away without debt on the house, but may owe money for taxes.

Contact me directly, either by phone or through my profile. We can talk about your specific situations, determine with you your options, and then you can make an informed decision. Dare to Dream.

Shel-lee Davis
Real Estate Consultant
RE/MAX Palos Verdes Realty
0 votes
Search Advice
Ask our community a question

Email me when…

Learn more