Home sales in San Diego County fell by 17.5 percent in December from a year ago, while the median home price in the region increased by 14.8 percent, to $420,000, DataQuick, a San Diego-based real estate information service, reported today. Home sales in December 2013 totaled 3,099 compared to 3,757 sales recorded in December 2012.
About Short Sale San Diego Realty
Short Sale San Diego Realty is a Local Real Estate Company that specializes in Distressed Property Sales. Our team has successfully negotiated over 1500 short sales since established in 2006. We are licensed by the California Department of Real Estate and have a full time staff of real estate agents and short sale negotiators. Our proven system has allowed us to negotiate short sale approvals with almost every lender and loan servicing company. Our team holds professional designations that include PSC, CDPE, Platinum Equator Certified and Five Star Short Sale Certification.
Short Sale News
The short sale process can be confusing and upsetting to most homeowners. The timelines, language, restrictions, requirements…it can prove to be very overwhelming. In short, most homeowners do not want to make a bad situation even worse. Because of this, using an agent that specializes in short sales is not only recommended, but truly a
Thanks to key changes in the program, completing a short sale through Freddie Mac is taking less time than everbefore. The company’s Senior Vice President Tracy Mooney, writing in Freddie Mac’s Executive Perspectives Blog, said that despite the improvements and that short sales are an important tool for helping distressed homeowners avoid foreclosure and eliminate their mortgage
Q: I recently lost my job and I’m worried I won’t be able to afford my mortgage payments soon. Can I skip a payment or two while I find another job? How many mortgage payments can I miss before foreclosure happens? A: The foreclosure process does not happen overnight, and the exact time frame depends on which state you live
Banks might be coming around to the idea that helping people behind on their mortgages sell their properties might make more sense than foreclosing. At least one has officially put money behind that idea by offering people cash incentives, sometimes as much as $30,000, for going through a short sale. Bank of America made the