Loading tweets...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.
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Category Archive: Short Sale
Short Sale question and answers for buyers and sellers.
Feb 06
What does contigency on a short sale mean? And, how do I know if the property tax is paid?
What does contigency on a short sale mean? And, how do I know if the property tax is paid?
Jan 20
What Is A Notice of Default
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.
Jan 18
When Should We Begin Working On The Short Sale Together?
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.
Jan 17
[Video] I’m Behind On My Payments, How Long Until The Bank Forecloses On My Home
[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.
Jan 17
I’m Behind On My Payments, How Long Until The Bank Forecloses On My Home
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.
Jan 13
A Real Estate Agent I know Said Short Sales Rarely Close And Banks Do Not Approve Them
Most real estate agents are not educated on how to successfully close a Short Sale transaction.
Jan 13
[Video] A Real Estate Agent I know Said Short Sales Rarely Close And Banks Do Not Approve Them
[Video] Most real estate agents are not educated on how to successfully close a Short Sale transaction.
Jan 12
[Video] Can The Bank Sue For The Difference Between What I Owe And What The Home Sells For?
[Video] Can The Bank Sue For The Difference Between What I Owe And What The Home Sells For?
Jan 12
Can The Bank Sue Me Or Place A Judgment Against Me For The Difference Between What I Owe And What The Home Sells For?
In some states, such as Arizona, most people refer to as a “Non-Judgment Deficiency” state.
Jan 10
Why Would A Bank Agree To A Short Sale?
It is much more cost effective for a bank to do a Short Sale rather than Foreclose on a home in San Diego.
Jan 09
Are there any credit consequences to a Short Sale?
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.”
Jan 06
Are There Any Tax Consequences To A Short Sale?
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.”
Jan 05
What If I Don’t Have Money To Pay The San Diego Realtor Commissions?
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.
Jan 04
How long does it take to do a Short Sale?
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.
Jan 03
Do you work with all banks?
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.
Dec 31
How do I select the right team to successfully manage and negotiate my Short Sale?
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.
Dec 30
Do I Qualify For A Short Sale?
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.
Dec 29
Is a short sale a foreclosure?
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.
Dec 28
San Diego Short Sale Expert Helps Military Members Before Foreclosure?
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.
Dec 24
What to do when purchasing a short sale home?
My wife and I would like to purchase a short sale home in San Diego that has a good price and is in a great area. Everyone is pushing us to stay away from short sales and foreclosures. This is a home that we want to live in. Any advice to make this a smooth transaction?
Dec 23
Does anyone want to sell me a house in San Diego for a decent price?
Patience is the key to finding a well-priced home that meets your needs, regardless if it is a pre-foreclosure, short sale or traditional sale.
Dec 21
Can a Bank Foreclose On My House With An Accepted Offer?
Isn’t there some type of rule that was approved either country wide or perhaps in CA that the bank won’t be able to foreclose if you have an offer available?
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