Short sales and the things to consider.
If you’re thinking of selling your Southern California or Las Vegas Real estate short sale, and you expect that the total amount you owe on your mortgage will be more than the selling price of your house, you may need to consider a short sale. A short sale of real estate in Southern California or Las Vegas is one where [...]
Short sales, foreclosure sale, 1099????
I all the time I have been teaching homeowners and agents the pros and cons about doing a short sale in California or doing a foreclosure sale in California or Las Vegas alike, the same question keeps coming up over and over again and it usually starts out like this… “I heard that if I do a [...]
Los Angeles real estate couuld see loan limits restored helping California real estate overall
A vote from the senate on a bill that would restore loan limits to where they were at in September has been approved and will now move to the house potentially helping the Los Angeles real estate, San Diego real estate and other coastal California Real estate markets If this is bill is approved this would restore the [...]
San Diego short sales real estate to benefit from SB458 promise to release short sale deficiency.
Home owners attempting to do a San Diego short sales prior to the passing of this law ran the risk of having second lien holders come after them for the deficiency amount of the short sale. The law is not retroactive to the best of my knowledge. Currently, sellers in California that sell their homes [...]