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Updated almost 14 years ago on . Most recent reply

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Carolyn Hancock
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Who can help weigh my options? CPA, real estate attorney,

Carolyn Hancock
Posted

With every ones feed back and suggestions I now need to lay all of this out to someone who can help me make an informed decision. I am overwhelmed with all the information and paper work. I'm a pretty decisive person but I have been dealing,,,or not dealing,,,with this for 3 years so I need someone who can look at the facts and help me lay out the steps. I do have the paper work ready to send to my mortgage company to request a short sale. My family is no help. They mean well but they don't understand real estate at all. Should I talk to a financial planner, attorney, CPA, or the milk man? I live in NC and the property is in Fl so I have the issue of state residence.

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

First, I suggest you pack your bags and move back in so that the house is owner occupied when you bail. Makes a big difference on your credit and on being responsible for any amounts remaining due on the note that is not paid (deficiency amounts).

First talk to a Realtor who does short sales, won't cost you anything to talk to them. If you have other financial problems, like bankruptcy, see an attorney. Make sure you're broke before you attempt to do a short sale......good luck

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