Short Sale

April 11, 2012

Should I Pay My Mortgage if the Loan Amount is Higher Than the Current Value?

should I pay my mortgage?

"Should I Pay My Mortgage if the Loan Amount is Higher Than the Current Value?"

"Can I Stop Paying for my Otay Ranch Home if I'm Upside-down?"

"Should I Stop Making Mortgage Payments so the Bank Will Listen to Me?"

 

These are the common questions I get when talking ...

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Dec. 19, 2011

California Short Sale Law Protects Homeowners From 2nd Mortgage

BEFORE: SHORT SALE BANKS COULD "GO AFTER SHORT SALE HOME OWNERS" AFTER ESCROW CLOSES

When a short sale scenario is in place, most people think that they can wash their hands free of the whole house headache. Normally, I tell my clients that it is not 100% true, because banks ...

Posted in Sellers ,Short Sale
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Dec. 17, 2011

How Long Will It Take To Buy A Short Sale?

(snippet from http://www.vahomeloancenters.org, the VA The origination portal for Veterans Administration Home Loans ™)

I recently came across a VA related question about how long it will take to buy a short sale. I get this good general question about short sales all the time, but it's ...
Posted in Buyers ,Military ,Short Sale
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Dec. 15, 2011

Where is the Foreclosure Tsunami?

(HISTORICAL BLOG ENTRY, WRITTEN AUGUST 31, 2009)

Where is the Foreclosure Tsunami? Apparently myself, my clients, my blog readers, and pretty much all of San Diego county is waiting for this flood of foreclosed homes to hit the market. I have not seen it.

 Earlier this year, there was a ...

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Nov. 10, 2011

How to Stop a Foreclosure in San Diego

Prevention of Foreclosure Options

STIMULUS....
photo credit: jimalone/Flickr

Our beloved USA is under one of the worst housing and financial crisis' ever faced. Foreclosure is completely devastating to your families future, but the hard truth is that 1 in 6 homes are facing this scenario. Surprisingly, foreclosure can be ...
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Nov. 9, 2011

Military Home Selling Program

DEPARTMENT OF DEFENSE SELLING PROGRAM  

Homeowners Assistance Program (HAP)

The main purpose of the HAP is to assist eligible service members who face financial loss when selling their primary residence homes in areas where real estate values have declined because of a base closure or realignment announcement. The HAP Program ...

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