1031 Exchanges & Short Sales Don’t Mix
Wednesday, 10 October 2012
Question: “I just sold an investment property and want to 1031 exchange into a short sale. What short sales do you have?” Answer: Danger…1031 exchanges and short sales don’t mix! As you may know, when you do a 1031 exchange, you have certain time limits to find and close on the property you’re buying. Specifically,
- Published in Real Estate Investment, Short Sale
No Comments
When Doing a Short Sale, Hire an Expert
Tuesday, 02 October 2012
Question: “…I’ve known [agent’s name deleted] for years. But I don’t think she’s a short sale expert so I’ll probably look to you to help me sell…” Answer: Thanks for that. But don’t be surprised if she (who I don’t know, so this isn’t about her specifically) says that she can handle the short sale
- Published in Q&A - Home Selling Questions, Short Sale
Frequent Short Sale Mistakes
Tuesday, 25 September 2012
Question: “Hi Gary. We’re in default on our home and need to do a short sale. There’s a lot of investors calling to buy our home, so we’re not worried about getting it sold. We don’t really need an agent because the buyer’s agent can handle the short sale. We all have a common goal,
- Published in FAQs, Q&A - Home Selling Questions, Short Sale
That Nearby Low-Priced Home Could Be a Short Sale
Tuesday, 18 September 2012
Question: “We just saw online that the house at [address deleted] a few doors from our rental is for sale and we’re concerned about the low price. It’s listed for only $250,000 and hasn’t sold. Is that correct?” Answer: Yes and no. Yes, the price is correct. No, it’s not for sale now. It’s a
- Published in Q&A - Home Selling Questions, Short Sale
Two Ways To Stop A Foreclosure On Your San Diego Home-Short Sale Process
Thursday, 06 September 2012
San Diego Short Sale Process Well… the first way would be to make up your payments and the boatload of fees that your bank has hit you with. Okay, that is not much of an answer, but the reality of the situation in most cases is that the bank is going to win. Another option
- Published in Home Selling, Short Sale
How to find a San Diego Short Sale Agent
Wednesday, 29 August 2012
- Published in Home Selling, Real Estate Resources, San Diego, Short Sale
Short or Stay San Diego Gary Kent San Diego Short Sale Specialist
Monday, 21 May 2012
Should you Short Sell or Stay in your San Diego Home? That is a question many San Diego home owners ask me. Hi, my name is Gary Kent. I’ve been a REALTOR since 1984. With the San Diego real estate meltdown, it’s been a difficult time for many people like you. If you are frustrated
- Published in Real Estate Tips, San Diego, Short Sale
How Banks Approve a Short Sale
Thursday, 27 October 2011
“What do banks look at when they decide if they’ll approve a short sale?” Answer: Banks look at: 1. The owner’s “hardship” or reason for having to sell. 2. Whether they think the owner can keep making mortgage payments, based on their income relative to expenses, including the mortgage. 3. The owner’s cash, stocks, bonds,
- Published in FAQs, Home Selling, Short Sale
- 1
- 2