Can I legally sell a home that I have a forbearance contract with?

Asked by Faye Garcia, 94560 Fri May 17, 2013

I own a home in California and am currently on a forbearance agreement. I am paying an extra $1000 every month and will be current in August. We've decided to sell our property and wondered if I will come across issues with being on a forbearance. Agreement. I expect to make money since the balance of my loan is less than our anticipated sell price. Any help would be appreciated.

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Matt Laricy, Agent, Chicago, IL
Fri May 17, 2013
I would also speak to an attorney for a little bit of help .
0 votes
Faye Garcia, Renter, 94560
Fri May 17, 2013
Thank you everyone for your assistance
0 votes
Bill J Delig…, Agent, Naperville, IL
Fri May 17, 2013
Paying off all debt owed on the home, should extract you from this situation.
0 votes
Manuel Brown, Agent, Chicago, IL
Fri May 17, 2013
Faye,

I believe I answered this questions in your first question you posted.

Secure the services a Real Estate attorney. As long as you own your home you should be able to put it up for sale. You want to do it with the help of a local attorney who would also represent you at time of close. First, talk to an attorney and secure his/her services. Second, find a good broker.
0 votes
Santiago Ken…, Agent, Chicago, IL
Fri May 17, 2013
Talk with an real estate attorney in the county of California where the property is located
0 votes
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