Have you seen the property with views in Chula Vista, CA?  It has some of the best views in San Diego County.  You can buy a in Chula Vista with views of the mountains, ocean and lakes. Chula Vista, which in Spanish roughly translates to “beautiful view,” is known for its scenic location between the San Diego Bay and coastal mountain foothills. Chula Vista, California is the second largest city in the San Diego metropolitan area as well as the 7th largest city in Southern California. Hence, if you’re looking for a property with views in Chula Vista, California, you’re looking in the right place. Many of the properties in Chula Vista’s premier neighborhoods provide breathtaking views straight from the front door step. Many come to Chula Vista, California for the great weather, the gorgeo... 10/27/2010

Chula Vista Short Sales CA - Many people ask if they should do a deed-in-lieu of foreclosure and give their house back to their lender. A deed-in-lieu does have its benefits. Lenders like them because they speed up the foreclosure. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. A deed-in-lieu is the equivalent to a "No Contest" plea in a criminal trial. You just give up on the foreclosure. If there is a foreclosure court case, the judge will still have to schedule a foreclosure sale. Contrary to popular opinion, a deed-in-lieu does not automatically release you from the debt. This means that your lender could be pursuing you five years later, after you get back on your feet. There is an application process. You will have to spe... 10/26/2010

Chula Vista CA Short Sales - We recently talked to another agent about her short sale listing. (Some of the details have been changed to hide their identity) She had been working on this short sale for 6-8 months with no success. The original buyer offered 265k for the house. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. The short sale lenders rejected the offer. The house ended up selling eight months later for 220k. Why did the short sale lenders reject the 265k offer, only to later on accept an offer for 45k less? Because the person negotiating with the short sale lenders didn't know what they were doing. Here's what happened. The first mortgage was owed $289,000. The 2nd was Bank of America, owed 60k. She submitted the 265... 10/26/2010

Eastlake CA - Are you looking for a Eastlake Realtor that specializes in short sales. It is important that you pick the right agent with the right expertise. Many agents turn down short sale listings because they are unfamiliar with the process. These transactions are much more difficult and complicated than your average real estate transaction. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Because of the foreclosure process, you usually only have one chance at a short sale. If your first agent isn't competent, then you risk losing your house to foreclosure. Then you have to wait another 5-7 years to buy your next house. First, ask the agent you are interviewing why they qualify to help you. Do they have any special short sale... 10/24/2010

Eastlake CA: I am often asked, "What is a Short Sale and how does it work? Because short sales are a recent phenomenon people don't really understand them. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. A short sale is when someone is selling their house, but the sale will not bring enough money to pay off their mortgage. Many sellers are experiencing this problem due to the recent drop in home prices. Here is why a lender will accept a short sale. If you can no longer afford your home, then the lender will have to sell it one way or another. They would rather have you sell it today versus selling it later after foreclosure. They have learned from experience that a short sale nets them more money. A foreclosure can take 12-18 m... 10/24/2010

Good Day, My name is Mike Watson a real estate agent with Keller Williams Realty in Chula Vista CA and I pride myself in offering help & advice to sellers to avoid foreclosure. Mike joined the Stop Foreclosure Institute to assist homeowners in Chula Vista and the surrounding areas. The Stop Foreclosure Institute offers training and education to Real Estate Agents. Mike has been accepted as a member by the Stop Foreclosure Institute, the local members assist homeowners in their area to avoid foreclosure. They are trained in many of the different techniques to avoid foreclosure. Here are a few of the ways that the Stop Foreclosure Institute can help you avoid foreclosure. 1. We offer a FREE Loan Modification Kit to homeowners who want to use it to reduce their mortgage payment and avoid f... 10/24/2010

Eastlake CA Short Sales - If you are upside down, then you might be tempted to walk away. You'll mail your keys to the lender and move out. Before you move out, I have some important information to tell you. You should stay in the house for as long as possible. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. In fact, the average length of time you can live for free is 461 days. That number is a statistic I've seen lots of people throw around. I just tried to Google the official source, but it isn't coming up in several searches. I do know that number is true, based on all of the foreclosures I've seen recently. Many lenders take around 12 months to file foreclosure. Then, the foreclosure process can last 6-12 months, if not long... 10/24/2010

Eastlake CA Short Sales: Many people are embarrassed that they are short selling their house. They feel like they are somehow being dishonest or shady. Neither one of those is true. A lot of the people short selling today never had a blemish in their credit. They lived perfect, responsible financial lives. Then the real estate market crashed and left them owing way more than their home was worth. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. For years everyone had told them that couldn't happen. Many of those people also lost their job for the first time in their life. You must remember, you are not alone. We are seeing as many short sales in the upper income brackets as the lower income brackets. I will not be judgmental when... 10/24/2010

Chula Vista CA - Short Sales can be frustrating. Ask anyone who has negotiated a short sale with a lender and they will tell you the process is tough. Here is a story that illustrates this point. Discover" how other sellers successfully did a short sale and request a free consultation by clicking here. You are negotiating a short sale with a lender. You call in and talk to a someone in a call center overseas. They are very helpful and give you the fax number for the short sale paperwork. You fax the short sale package. A few day later you call in to follow up. (Most lenders systems take a few days to process the paperwork.) They tell you that they have no record of having received your paperwork. "That's pathetic", you tell them. "I sent it to this fax number. Can you confirm that is th... 10/23/2010

Chula Vista CA - Wells Fargo is one of the largest lenders in the US. They are the second biggest short sale lender we work with. The Wells Fargo Loss Mitigation Department is much better to work with than lender's loss mitigation departments. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Wells Fargo has two loss mitigation departments. One is located in Fort Mill, South Carolina. The other is located in Milwaukee, Wisconsin. Here is what we do to negotiate a short sale with Wells Fargo. To start a short sale with Wells Fargo, we first call 1-877-216-8448. We ask the representative what the short sale fax number is. That is where we fax the entire short sale package. In my experience, these phone and fax numbers are often chan... 10/21/2010

Chula Vista Short Sales CA -   Some homeowners have watched the value of their home be cut by 30-50%. They paid 700k for a house that is now worth 400k. They want a principle reduction, but the lender won't agree to it. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. So they keep on insisting for one. Lenders will drop your interest rate to 2% for five years. But, they are very reluctant to grant principle reductions. Here is why. They are forced to take huge write off on their books when they give you a principle reduction. No, this is not a "tax" write off. If they give you a 300k principle reduction, they have to take that directly off that year's earnings. That hurts earnings, which hurts the stock price, which hurts the lik... 10/20/2010

Chula Vista Short Sales CA -   I recently saw an amusing video about loan modifications. In it the guy called Wells Fargo "Hells Fargo." Apparently it is tough to get a loan modification. They lose your paperwork. You have to talk to people in other countries where English IS NOT their first language. The people at the lenders treat you like dirt. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. In addition, they pretend to love their customers. While you are waiting on hold for two hours to talk to someone, you get to hear the recording, "We at ABC Lending love our customers. We want to provide the best customer service in order to earn your business." If you have experienced this, then you know how frustrating it is. But, why g... 10/20/2010

Chula Vista CA Short Sales - It is very stressful to be upside down and facing foreclosure. You are worrying about everything. You find yourself thinking, "When is the bank going to kick me out? "How will I pay back that huge debt?" "When will I ever be able to stop worrying about money?" "I remember when I did not worry about money. How did I do that?" All those thoughts and more run through your head. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. A short sale helps you stop worrying. Most people find a place to rent where they can afford the monthly payment. Or they move in with family. It removes all the uncertainty and worry about when they have to move. They are one step closer to sanity! They are happy to discover that a... 10/18/2010

Eastlake CA Short Sale  - Many of the people we help are concerned that their neighbors will find out about the short sale. No one wants their dirty laundry put out for the entire neighborhood to see. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Here is what we do when a customer has a concern with that. First, we will make sure that everything your neighbors see does not say "short sale" on it. The sign will look like all the other for sale signs in town. Your neighbors will simply think that you are selling your house. The for sale sign will not say "Short Sale" or "foreclosure" on it. We won't discuss it with the neighbors or tell them what is happening. After all, your privacy is important to us. We know this because of o... 10/17/2010

Eastlake CA Short Sales- If you are facing foreclosure, then I'm sure you've heard of a Deed In Lieu of foreclosure. Some people say it is a great way to avoid foreclosure. Actually, all it does is accelerate the foreclosure process. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Here are the most common myths about a Deed In Lieu. Common Myth #1: If I do a Deed In Lieu in Chula Vista, then I will not owe the lender any more money. A Deed In Lieu is similar to a No Contest Plea. The judge stops analyzing the foreclosure case and simply schedules the foreclosure auction. Unless otherwise stipulated, the lender still has all the deficiency and future collection rights. They may come after you for the loss. Common Myth #2. A Deed ... 10/17/2010

Eastlake CA - There are many reasons to use a short sale to stop foreclosure. If you want to keep your home, you may want to attempt a loan modification. If you do not want to keep your home and the debt that goes with it, then you need to consider your options. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. There are 3 options if you do not want to keep your home. Option #1: Do nothing and the lender forecloses on the house. Option #2: Deed in Lieu of Foreclosure. I don't recommend this as detailed in yesterday's column on Deed in Lieu. Option #3 Do a short sale. Here are the benefits a short sale offers over a Foreclosure or Deed in Lieu. Will you be able to buy another home in the future? Current Fannie Mae Guidelines allow ... 10/17/2010

Eastlake CA- People often ask me, "How does a short sale work for the seller?" A short sale is usually very beneficial for the seller. Here is how the process goes. First, the seller will put the home up for sale with an agent. It will usually take a few weeks for the house to sell. During that time buyers will come with their agents to look at the house. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Once a buyer makes an offer and you decide to accept it, then we will begin negotiations with your lender. The good news is that you won't have people looking at the home anymore. We will gather all of your financial paperwork. That will be submitted to the lender along with a copy of the sales contract and an estimated closing st... 10/17/2010

Eastlake CA - Many people avoid buying a Chula Vista/Eastlake Short Sale. This is because they have heard a horror story about short sale purchases. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Tip #1: Make sure an experienced short sale agent is representing you. Consult with an agent that has short sale experience before you make an offer on a short sale listing. An experienced agent will tell you if your offer is realistic. They will guide you away from listings that have a low chance of being approved. They know the good short sale agents who can get you offer approved by the lender and the extra contract clauses that have to be added. Tip #2: Ask for updates every week or two. Regular updates will let you know that every... 10/17/2010

Chula Vista Short Sales CA - I recently met a realtor in a another town. "I hate short sales", she told me. "They are so frustrating. They take forever. Most of mine have dragged out for 9-12 months. The short sale lenders are so tough to work with." Discover how other sellers successfully did a short sale and request a free consultation by clicking here. The closest comparison I can think of is learning to ride a bike. Remember the first time you tried to ride a bike and you crashed and fell off? You felt like you would never be able to ride a bike. Maybe you told your mother, "I'm just not as smart as Timmy. He knows how to ride a bike." Apparently this agent does not specialize in short sales. Neither do a lot of the other agents that complain about them. These agents openly admit th... 10/15/2010

Chula Vista CA - I recently talked to a homeowner in foreclosure. She had heard of the short sale option. But, someone had told her that short sales are tough. They told her, "Banks never accept short sale offers. You are wasting your time if you try one." As a result, she never researched her options and lost her home to foreclosure. Many agents close short sales day in and day out. Short Sales are a specialized endeavor. They are much more complicated than your average real estate transaction. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. The closest comparison I can think of is learning to ride a bike. Remember the first time you tried to ride a bike and you crashed and fell off? You felt like you would never be able to rid... 10/14/2010