Divorce & The San Diego Short Sale Process
Divorcing? Need to sell your San Diego Home but there is no equity?Unfortunately, one of the most common hardships facing San Diego home owners who are divorcing is the dilemma of having no equity or even negative equity in their San Diego home. One of the key elements of the short sale process is proving just such a hardship. Sadly, we have seen a trend with many of our short sale clients that they are also facing divorce, and it’s tougher when you owe too much on your San Diego Home. To find out how much your San Diego home is worth compared to owe much you owe, go to www.ShortOrStaySanDiego.com .
If you are facing divorce, you need to call San Diego short sale specialist Gary Kent at 858-457-5368 for a quick confidential analysis of your situation. We’ve dealt with the complexities of both divorce and short selling a San Diego home. Often times, divorcing couples are also facing a breakdown in communication. We can't fix that, however we can work with both side in an appropriate way to help move the short sale process along. And, while we cannot give you tax or legal advice, we can help you with the difficult situation of selling a home that is "upside down" in equity (you owe more than your home is worth). However, you should research with your attorney or tax adviser to address issues about financial liability, tax liability and if any liability will follow you after the short sale. The laws and rules on these liabilities continue to change (and don't always make common sense).
For more information on the short sale process, you should visit our website www.ShortOrStaySanDiego.com San Diego short sale expert Gary Kent has written the book on short sales. Gary would like to offer the San Diego Short Sale Guide to you for free – Click Here.
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The Gary Kent Team 858-457-5368 of Keller Williams is a California Real Estate Broker, License 00862878. We are not licensed to provide legal or tax advice and we encourage our clients to seek legal and/or tax advice early in the short sale process.