A cousin who recently got divorced had been planning on acquiring the services of a san diego short sale lawyer. Aside from being cousins, we are close friends since high school. despite the distance between us, I thank the birth of social media sites because it pave the way for our friendship to grow deeper and stronger. We communicate a lot. We became each other’s confidante. The time she was having trouble in her marriage, I was there always ready to hear her side. I was there giving unsolicited advises. I was there supporting her decisions. She might not have the best decisions, but I do respect whatever she has come to terms with her life.
Lately, she told me she has decided to moved on to a smaller house or perhaps she’s keen on renting a smaller apartment. She has chosen a place closer to her kids’ school. And, the place will likely offer more jobs as she is planning on finding at least one. When I asked her what prompted her to decide renting, she said she has decided to offer her house on short sale. She confessed, she might not have the money to pay for her mortgage in the next months. She has been relying on her ex-husband’s support as she is currently unemployed.
Life for her was tough as this time. She has two kids. She has to find work. She can not merely rely on her ex-husband’s support. She has personal needs. She has obligations to pay -accrued college loans and bills to pay. Such is her plight as a single parent.
The reasons why she’s considering a short sale. She’s not yet in default as she is using her savings the past two months to pay for amortization. But, she doesn’t want to drain her savings as she needs to save it for other contingencies.
Looks like she really has decided. Moreover, she’s afraid the property is at risk for devaluation. This has given her all the more reason to pushed through with her plans.
My last piece of advice on her? Make sure she’ll get a lawyer or an agent who has enough expertise regarding this kind of transaction. It will add up on her expenses but will surely benefit her in terms of protecting her interest and save precious times doing paperwork.
