Sell Your Southern California Home Fast To Pay for Legal Issues

Facing legal issues can feel like being tossed in a tidal wave. Things are sudden and overwhelming. You’re left with no choice but to keep your head up and hope not to drown in the legal fees, penalties, and even the possibility of prison. Thankfully, there are ways to navigate this stressful time. Selling your property in Southern California is one way, and we’re here to help. My Home Sold is your trusted partner if you want to sell your home fast to pay for legal issues. Keep reading to learn how.

San Diego California CA

San Diego California CA

Legal Problems and Lawsuits Can Be Expensive

How expensive can legal issues be? Here are a few examples of what you may encounter.

Criminal Cases

Whether it’s a misdemeanor or a felony, a criminal case can be expensive. There are several factors that increase the costs, such as attorney fees, court costs, and bail. Depending on the severity of the offense, you could expect anywhere between $2,000 to $500,000+ in legal expenses.

Let’s say that a loved one was involved in a homicide or murder. Attorney fees alone could begin at $100,000. Add other expenses, and your family can easily run out of resources.

Civil Lawsuits

While civil lawsuits won’t result in imprisonment, the costs of paying for compensation or settlement can be high. These types of cases may involve contract disputes, employment lawsuits, and family cases — situations many people are familiar with. Even so, the costs can go beyond $500,000 if the damages are severe enough.

One famous civil lawsuit is the Johnson & Johnson civil case, which resulted in the company paying around $700 million in damages. While this lawsuit involves a corporation, it provides a clear example of how much civil lawsuits can reach.

New Port Beach California

New Port Beach California

Personal Injury Cases

A personal injury case is a civil lawsuit where the plaintiff claims injuries from the defendant. Should the defendant be proven guilty, the court will require them to pay compensation for the damages the plaintiff suffered. Some common scenarios that may escalate to personal injury cases include the following.

  1. Slip and falls
  2. Workplace accidents
  3. Car crashes
  4. Medical malpractice

Whichever the circumstance, the damages you have to pay typically include lost wages, medical costs, and pain and suffering. The average personal injury case could cost you $55,000 if you’re the defendant, not including other fees.

Pay Legal Fees With the Equity From Your Home

From lawyer fees and court costs to settlements and restitution, legal expenses can add up to a concerning amount. Most people won’t have access to resources that can cover these costs. While some may opt for loans or enter payment plans, liquidating assets can be a suitable option. In particular, selling a real estate property may give you access to the equity, which you can then use to pay the legal fees.

This option can provide a swift solution, allowing you to move on immediately if the equity is enough. Otherwise, you may end up with longer payment installment plans or wage garnishment. These options leave you with debt for a longer time, adding to the stress.

Orange County, California

Orange County, California

Sell the Property Fast To Pay Legal Expenses and Debts Quickly

A traditional real estate sale in Southern California can take a long while. You may not have enough time before the court takes action and requires you to pay through another method. Thankfully, there is a way to speed up a home sale — working with a cash buyer like us. At My Home Sold, we use a streamlined process to make the transaction as quick as possible.

Why a cash transaction? Here are some advantages you can enjoy.

  1. Faster Sale: No need to make repairs, market homes, or list them on real estate platforms. We buy homes as-is in as little as a week, allowing you to receive the money you need to cover legal fees.
  2. More Cost-efficient: There’s a misconception that cash buyers lowball offers. While we buy homes at a slightly lower value than the current market price, you earn a similar amount in a traditional home sale. That’s because the latter involves other fees that reduce your profit, such as agent commission, home inspections, and closing costs.
  3. Guaranteed Sale: You won’t need to deal with buyers who may not proceed if their financing falls through. Cash buyers like us have the resources to proceed with the sale immediately. You won’t need to restart the process all over again, leading to your convenience and peace of mind.
We Buy Houses As-Is in Southern California

We Buy Houses As-Is in Southern California

We Buy Houses As-Is

Whatever the condition of your current property, My Home Sold will provide a competitive cash offer and proceed with the sale. Here are a few examples of issues we’ve encountered over the years.

  1. Vacant Homes: Instead of paying property taxes or negligence penalties, sell the vacant home to us and access the equity.
  2. Trash: We won’t require you to clean up and potentially expose yourself to health hazards. Sell the property to our team, and we’ll take care of the rest.
  3. Bad Rental Property Tenants: Unruly occupants can be exhausting to deal with, leading to burnout. Get rid of the problem by letting us purchase the rental property.
  4. Dirty or in Bad Shape: No matter the current condition of your property, we will proceed with the transaction.
  5. Hoarder Homes: Let our team take care of the cleanup for all the accumulated stuff. Just leave with your most important possessions and move on to a clutter-free home.
  6. Fixer-Uppers: We won’t require you to make extensive repairs for fixer-upper homes before the purchase.
  7. Damaged Homes: Southern California homes can be prone to fire, termite, and earthquake damage. Fixing these issues isn’t required when you work with us!
  8. Foundation Problems: Even if the property has structural issues like sinking foundations or cracked walls, you can count on us to proceed with the sale.
  9. Death Estates: If you don’t want to deal with the property left by deceased parents, sell it to us.
  10. Repairs: While traditional real estate sales usually require repairs to attract buyers, that won’t be the case with a cash buyer like us.
  11. Abandoned: Access the trapped equity from an abandoned home and use the proceeds to pay for your legal fees.
  12. Rundown: Even if your property is in a rundown state, you can still count on us to make a reasonable offer.
  13. Code Violations: Addressing code violations can result in huge expenses, especially if it involves something like utility lines or ventilation systems. Avoid the steep costs by selling the property to us instead.
Logo

Logo

Learn About Our Home Buying Process

Over the years, we’ve perfected our methods to ensure a streamlined experience for our clients. We shortened the process into three easy steps for maximum convenience.

  1. Send your information through our form.
  2. We’ll evaluate the property and get back to you with a free cash offer.
  3. If you accept the cash offer, set the closing date and get your check!

Thanks to the easy process, many clients from Southern California are extremely satisfied with our service. We’ve helped people in the following areas and more.

  1. San Diego
  2. Orange County
  3. Riverside
  4. Pomona
  5. Chula Vista
  6. San Bernardino
  7. Upland

Ready to find out the value of your current property and see if the equity is enough for your legal expenses? Fill out our form today and get your free cash home buyer offer.

Get Your Free and Zero-Obligation, Cash Home Offer Today!

Call now at (855) 699-6090 or fill the address form to to get more information on selling your Orange County home.