Wish we could say that was a unique situation, but in California most loan modifications are not working! If you’ve been down that path and now realize that keeping the property is not an option, call us. Don’t just walk away from that property and give it back to the bank.
I know it’s an emotional time, and by now your probably mentally spent and feel like “your done” and there is no way to climb out of this.
There’s a light at the end of this tunnel, but it’s going to take some effort and time.
First, get your property listed for short sale.
Now, you can start thinking about the future, finding a new place to call home is first on the list. Have you been checking out the rental market lately? There are soooo many homes for rent, it’s a renters paradise! Pricing has come down and inventory has gone up….
You won’t believe how much relief you are going to feel once you have moved on…physically and emotionally! Yes, the economy is tough, less income-no income, but with this big anchor off your shoulders, you will be able to come out of it.
With all of the challenges over the past year, Kris and I have been blessed to realize that our family and friends are what’s really important. If we could all remember to let our defenses down, “pride” or whatever you want to call it….reality sets in and you will find there are people all around us that want nothing more than to see us get past this mess.
