RECENT BLOG POSTS
The Mills at Cortez Hill provides the perfect ‘downtown' location without the congestion of other areas of our cities center. Unit #424 faces 7th with views to Balboa Park. Complete with a balcony, underground parking, and very rare additional storage.
I had and interesting call from a potential short sale listing this week. They had been pursuing a loan modification with Countrywide, but Countrwide was not willing to offer them a modification that would work. The Countrywide representative said their next call should be to their 'liquidatio...
My poor sellers on this Point Loma house were in a bind. Unlike most of my other sellers these days who are upside down, and in need of a short sale - these sellers were not upside down, but they were out of time. The lender had already scheduled the foreclosure sale. With immediate communicat...
19282 Ramon Trails, Ramona - San Diego County - Sold at $302,000 We got approval on this Wells Fargo file in record time - and the cash buyer closed in less than two weeks. I will say at this point if you give Wells Fargo exactly what they want to review a sale, and you are presenting them with ...
Successfully closed another short sale today on a condo in Point Loma! This was a two lender file, American Home Mortgage 1st and Wells Fargo 2nd. Between the two over $100,000 was written off. The buyer ended up getting a good deal, the seller avoided foreclosure. A real win win situation.
This is an amazing opportunity to own over 9 acres of flat useable horse property in Ramona with convenient location close to main road. 3341 Dye Road. Priced at $275,000. Bring all offers, this is a pre-foreclosure.
Last month I wrote about the ability to approach a mortgage lender for a loan modification if you find yourself no longer able to pay your mortgage. But, what if you no longer want to stay in your home - or your lender refuses to modify your loan payments to something you can afford? There are ...
The sub-prime mortgage meltdown and turn in the housing market has created the perfect storm that has wreaked havoc, and torn apart the lives of the countless families in its path. Undoubtedly, if this crisis has not affected you at the very least it has affected many people that you know. With...
I had a great opportunity to speak with an accountant in relation to the tax liability of short sales and foreclosures in respect to the Debt Relief Act of 2007. Here is what I learned:TAX LIABILITY FROM SHORT SALE AND FORECLOSURES -What is Cancellation of Debt Income? -What about the 2007 Tax ...
This is true potential at a bargain price - seller paid $430,000 just a year ago - we have the short sale approved at $289,000. Need an immediate buyer to take advantage of this deal on the lowest priced/square foot home in the neighborhood of El Cajon San Diego. Perfect starter home, or even a...