San Diego Short Sale and foreclosure law and Realtor fees - 10/29/07 09:27 AM
Question from a Realtor in one of the comments to a previous blog about a warning from the California association of Realtors to Realtor's assisting in the purchase of short sale and foreclosure properties. Q:I'm curious what would happen if the buyer wants to buy the home as a 2nd home? (4 comments)
San Diego fires, insurance, short sales and advice from a San Diego Attorney - 10/24/07 09:38 PM
As an attorney the first thing that comes to mind is that you should contact your insurance company, request a copy of your policy and speak with a representative of the insurance company. next you may wish to read some blogs on the subject of dealing with your insurance adjuster. In (4 comments)
San Diego Short Sale - 10/19/07 11:20 AM
1. For short sales in San Diego we work with Bob Wilson. He just reported to me the following from Realty Trac - Realty Trac reported homes sales voume including detached and condos fell in September by 37% from the same period in 2006 and 64% from the same period in (2 comments)
short sale vs foreclosure - 10/16/07 08:10 AM
Here is a question I was sent via my active rain email. I thought I would post it for two reasons. The first one being to show all the hard core "pay you loan back" that some people attempt to pay them back and hit difficult spots and two it is (0 comments)
short sales, deficiencies and 1099s question from a realtor - 10/09/07 02:23 PM
There were some comments to one of my earlier blog entries on short sales. Comment 1: A real estate short sale is when you owe more than your properties currently valued but you need to sell. You find a buyer and negotiate with the lender to approve the sale (a short sale). (3 comments)
Short Sale - What to do with a Seller's financials - 10/05/07 12:27 PM
I attended a short sale seminar last week and one of the agents brought up a very good question. She said that when preparing the short sale package for lender she asked her seller to speak with a lawyer and determine whether the clients had to worry about her 401 K (6 comments)
Short Sale becomes Foreclosure - CA Assoc Realtors warning to Realtors - 10/04/07 09:41 AM
In the October issue of Real Estate magazine on page 10 a staff attorney for the California Association of Realtors gave a interesting scenario in which a California Realtor wanted to represent "Rick who was willing to buy Susan's home as an investment. Susan was elated with the full value offer (6 comments)
Short sales - tax implications and ethical duties - 10/02/07 09:38 AM
I believe over time this blog is taking the mystery out of short sales. So what is a short sale? For my analytical purposes I just see it as one of the pre-foreclosure options a seller should consider. It is really just like a short payoff with a the funding for that (7 comments)
Does a Notice of Default have to be filed before advertising a short sale - 10/01/07 08:27 AM
Is it required that a property already have a notice of default filed in order to advertise the property as a 'short sale'? I'm interested specifically in California law. Thanks! I can see the logic of the question. It is possible your local "MLS" will have a rule regarding how you may (9 comments)
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