Category Archives: Selling

Home selling questions and answers.

How Can I Take Over A House Payment?

Posted on February 7, 2012 by admin

There are a couple of things you should do before buying the home in San Diego. First, check to see if if you qualify for a loan, and what type you’d qualify for. Next, find out if your friend has an assumable loan. Continue reading →

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What does contigency on a short sale mean? And, how do I know if the property tax is paid?

Posted on February 6, 2012 by admin

What does contigency on a short sale mean? And, how do I know if the property tax is paid? Continue reading →

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What Is A Trustee’s Deed?

Posted on January 26, 2012 by admin

The Trustee’s Deed is a document that transfers property to the last and highest bidder or to foreclosing beneficiary if there are no bids higher than beneficiary’s credit bid. Continue reading →

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Live Example of Courthouse Trustee’s Sale in California

Posted on January 26, 2012 by admin

Real Example of How a Trustee’s Sale works in San Diego California Continue reading →

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4 Things That Can Happen In A Trustee Sale

Posted on January 25, 2012 by admin

There are primarily 4 things that can happen during a trustee sale – postpone, sold to beneficiary,sold to third party or cancelled. Continue reading →

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What Is A Trustee Sale and How Does It Work?

Posted on January 24, 2012 by admin

The Notice of Trustee’s Sale serves as public notice that the auction of the property will be taking place. Continue reading →

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What Is A Notice of Trustee Sale

Posted on January 23, 2012 by admin

The Notice of Trustee’s Sale serves as public notice that the auction of the property will be taking place. Continue reading →

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What Is A Notice of Default

Posted on January 20, 2012 by admin

The initial notice of default letter is recorded in the office of the county recorder when the borrower does not meet the terms of the loan. Continue reading →

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When Should We Begin Working On The Short Sale Together?

Posted on January 18, 2012 by admin

we would like to begin working on your Short Sale as soon as you recognize that you are unable to keep up with your payments and will be falling 30+ days behind. Continue reading →

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[Video] I’m Behind On My Payments, How Long Until The Bank Forecloses On My Home

Posted on January 17, 2012 by admin

[Video] Most notes give the bank the right to file the foreclosure notice or the notice of default as soon as you are 30 days behind on your mortgage. Continue reading →

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I’m Behind On My Payments, How Long Until The Bank Forecloses On My Home

Posted on January 17, 2012 by admin

Most notes give the bank the right to file the foreclosure notice or the notice of default as soon as you are 30 days behind on your mortgage. Continue reading →

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A Real Estate Agent I know Said Short Sales Rarely Close And Banks Do Not Approve Them

Posted on January 13, 2012 by admin

Most real estate agents are not educated on how to successfully close a Short Sale transaction. Continue reading →

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[Video] A Real Estate Agent I know Said Short Sales Rarely Close And Banks Do Not Approve Them

Posted on January 13, 2012 by admin

[Video] Most real estate agents are not educated on how to successfully close a Short Sale transaction. Continue reading →

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[Video] Can The Bank Sue For The Difference Between What I Owe And What The Home Sells For?

Posted on January 12, 2012 by admin

[Video] Can The Bank Sue For The Difference Between What I Owe And What The Home Sells For? Continue reading →

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Can The Bank Sue Me Or Place A Judgment Against Me For The Difference Between What I Owe And What The Home Sells For?

Posted on January 12, 2012 by admin

In some states, such as Arizona, most people refer to as a “Non-Judgment Deficiency” state. Continue reading →

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Why Would A Bank Agree To A Short Sale?

Posted on January 10, 2012 by admin

It is much more cost effective for a bank to do a Short Sale rather than Foreclose on a home in San Diego. Continue reading →

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Are there any credit consequences to a Short Sale?

Posted on January 9, 2012 by admin

In a short sale, banks have the right to report late payments after 30 days. Statement will say the account was “paid in full for less than the full amount.” Continue reading →

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Are There Any Tax Consequences To A Short Sale?

Posted on January 6, 2012 by admin

If you do a Short Sale you will receive a 1099 from your bank. This 1099 will be called a “1099-C.” The thing that most people don’t know or don’t tell you is that with a Foreclosure, you will also get a 1099. In the case of a Foreclosure the 1099 is called a “1099-A.” Continue reading →

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What If I Don’t Have Money To Pay The San Diego Realtor Commissions?

Posted on January 5, 2012 by admin

As the seller typically will not have to pay a San Diego real estate agents commissions. The commission is usually negotiated with the bank as part of the transaction. Continue reading →

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How long does it take to do a Short Sale?

Posted on January 4, 2012 by admin

The first stage requires working with you as the homeowner to get all of the required documentation that your bank will require us to send them. This stage shouldn’t take longer than a couple of days. Continue reading →

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Do you work with all banks?

Posted on January 3, 2012 by admin

We currently work with all banks. Each bank may have it’s own short sell process and documentation, but generally it’s the same steps. Continue reading →

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How do I select the right team to successfully manage and negotiate my Short Sale?

Posted on December 31, 2011 by admin

Before hiring any San Diego real estate agent to help you in a Short Sale in San Diego, make sure they are qualified and competent to completing the work that is required to see you through the short sale process. Continue reading →

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Do I Qualify For A Short Sale?

Posted on December 30, 2011 by admin

A good Short Sale candidate is a homeowner who is behind on their mortgage payment and is unable to keep up with all of their monthly obligations. Continue reading →

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Is a short sale a foreclosure?

Posted on December 29, 2011 by admin

A short sale IS NOT a foreclosure. In a short sale situation, the home owner typically owes more on the loan that what the home is actually worth. Continue reading →

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San Diego Short Sale Expert Helps Military Members Before Foreclosure?

Posted on December 28, 2011 by admin

Contact a good Short Sale Expert in San Diego who is up-to-speed with the short sale process. In some cases, an extension can be filed to prolong the San Diego short sale listing. Continue reading →

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