Best Side Of The West Side

If you find yourself unable to avoid foreclosure, and cannot find any other option – loan modification, refinancing, etc. – getting your lender’s approval for a short sale may be the best alternative for you. However, the short sale process is sort of complicated, and changes depending on your specific situation and your lender’s requirements. [...]

While the government, federal regulators and large private investors try to work out a plan for mass sales of foreclosed homes, large banks are already making deals, but they are not many, and still not close to having a solution. The problem is, they are facing even bigger write-offs than they forecasted if they sell [...]

For home sellers who owe more on a mortgage than what their home is presently worth, it is not as hopeless as it might seem. Negotiating a short sale with the bank can and may be the best answer to their problem. This means that the seller or their agent sells the underwater property to [...]

No one – not the buyer’s agent, the listing agent, nor the seller – actually knows for sure if a short sale offer will be rejected or accepted by the bank until the bank agrees to accept it directly. Just because a property is marketed as a short sale, it does not mean that it [...]

Today I wanted to talk to you about bankruptcy. I have met with homeowners in the past, who were struggling with their mortgage payments, and have considered filing for bankruptcy in order to avoid the foreclosure process. Even if this may be the best option for your current financial situation, I suggest that you meet [...]

Isn’t it exciting and tempting when we hear about “hot”, “amazing,” “smokin’” or “crazy” deals? We often hear and read about them in the real estate world. This is the hype that surrounds short-sales and foreclosed, bank-owned homes. What is a Short Sale? Basically, a short sale is an agreement between a bank and a [...]

Today I want to talk about what you should expect when working with your bank on a short sale. One of the most common questions I usually get when speaking with potential clients is always about how much money the bank will want; or if the bank will accept  the difference between what their home [...]

Do you owe more than your home is currently worth and you need to sell your home? If so a real estate short sale may be the service you need.  I’m a Santa Monica short sale agent.  I can help you analyze your current situation and help you make an informed decision. What is Short [...]