One reason to do a short sale after your bankruptcy is final to have some control of when you will be rid of the house included in the bankruptcy. This can help you control costs like fines from the city to maintain the lawn and house. It can control and stop HOA dues.
It also can possibly save you some state and federal taxes depending on where you live.
It also can keep other liens that may show up on the house as time passes from being there and slowing the sale further.
Short saling a home after bankruptcy may help you in many ways.
LORI BOWERS
http://www.desertareahousingmarket.com
The Lori Bowers Group
A boutique Real Estate Office, with a full service team to serve all your Real Estate Needs
La Quinta, Palm Desert, Indio, Rancho Mirage, Coachella , Indian Wells and the surrounding Palm Springs Area.
78065 Main St., Suite 107
Old Town La Quinta
La Quinta, CA 92253
Phone: (760)777-8788 • Fax: (760)771-5355
