Legal Question in Real Estate Law in California

Home Forclosuer

If I buy a second home then forclose or short sale on my first home what the consequence.


Asked on 4/08/08, 2:25 pm

1 Answer from Attorneys
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

Re: Home Forclosuer

How are you thinking of paying for the second home? All cash? Who's going to make you a loan for home #2 when your application will show you are underwater and probably delinquent on loan #1? I think it's impossible to pull off without making a fraudulent loan application, unless your personal circumstances are highly unusual.

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Answered on 4/09/08, 3:46 am


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