If I short sell my home, will I have to pay the property taxes that are in arrears?

No, when you short sale your house, you won’t be expected or asked to pay the San Diego property taxes. This is one of the costs that the lender will pay in the course of the short sale. Property taxes are a first lien and have to be paid – whether the homeowner does a short sale or the bank forecloses. They can’t be...

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What possible credit issues might I have with a short sale?

No two San Diego homeowners who short sell will experience the same effect on their credit scores. After the short sale of your home, the consequences with regard to your credit rating are impossible to predict. If anyone tells you otherwise, they are wrong. As much as we’d all like to make accurate predictions, credit...

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