When would you EVER file bankruptcy over a short sale?

When would you EVER file bankruptcy over a short sale?

Is there a good reason to file bankruptcy instead of doing a short sale?
As short sale experts, what do you think we will say??? The answer may
surprise you – listen in as we discuss a few (admittedly remote) instances when
a bankruptcy may in fact be in the homeowner’s (or former homeowner’s) interests.

As always, be the first to guess our filming location and send your guess to
support@cornerstonepropertieshomeinfo.com, and this week win
a free $25 gift certificate to Odyssey Cruises! Surf over to
http://capitolshortsale.com for more great information and giveaways!
And don’t forget – we negotiate short sales for free for homeowners and
agents alike – so send us an email for more information.

Congrats to our last week’s winner Kurt Duty who won a free gift certificate
to Twist-Georgetown at the Savoy Suites Hotel, and to all who correctly
guessed our filming location! Location last week was Fells Point, Baltimore.

More Videos

This is a weekly video series with Short Sale Expert/Attorney/Broker Brian Gormley discussinag
tips, tricks, and general observations in the real estate market with special emphasis on short sales.
A FREE prize will be given away to the first person to correctly guess our filming location each week.
Send your guess to support@cornerstonepropertieshomeinfo.com.


  1. Troy Scott says:

    Your advice on the when to file bankruptcy is in correct and could cause someone harm. It may be necessary to file prior to a short sale if the lender is not willing to wave deficiency. If selling the asset first may leave a person in a position where they will not qualify for a bankruptcy because they don’t have enough debt.
    Troy Scott
    Short Sale Negotiator

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