Monthly Archives: October 2012

Keep the Bank from Knocking Down your door – San Diego Short Sale Process

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San Diego Short Sale Process

Do you feel like Goldilocks and the Wolf (Bank) knocking on your door?

They will not stop: they’ll huff and they’ll puff and then they’ll kick you out. Oh sure, they may offer a loan modification and that may (or may not) be a good idea.  FACE IT: Bad things happen to good people, life is not about what happens to you but how you react to it.   Recent legislation (and multi-billion $$$ settlement) has made it easier now for your bank to foreclose on you.  So, if you ask yourself “How Can I Avoid Foreclosure on my San Diego home? then you need to have a good plan.

Step 1 is to go to  www.ShortOrStaySanDiego.com where we have a lot of very good information on the bank short sale process. Many San Diego home owners want to know either “how do I know what my home is worth? Or, “how long will I have to keep paying on the mortgage before I have equity again?” At www.ShortOrStaySanDiego.com , San Diego short sale specialist Gary Kent has designed a system to help you figure out not only how “under-water” you may be, but also how many months or years before your financial head above water.

Step 2 is to call Gary Kent, San Diego short sale specialist at 858-457-5368 for a free & confidential analysis of your situation. San Diego short sale expert Gary Kent has written the book on short sales. Gary would like to offer the San Diego Short Sale Guide to you for free – Click Here.
San Diego short sale expert Gary Kent has written the book on short sales. Gary would like to offer the San Diego Short Sale Guide to you for free – Short Sale Guide. To find out how much your San Diego home is worth compared to owe much you owe, go to www.ShortOrStaySanDiego.com

The Gary Kent Team 858-457-5368 of Keller Williams is a California Real Estate Broker, License 00862878. We are not licensed to provide legal or tax advice and we encourage our clients to seek legal and/or tax advice early in the short sale process.

WANT TO LEARN MORE ABOUT THE SAN DIEGO SHORT SALE PROCESS?

Attend a free seminar on October 22, 2012 ” SHORT SALE: How To Avoid Foreclosure, Save Your Credit, & Protect Your Savings!”

Come & Learn:

– How soon can you buy after your short sale?

– Do YOU qualify for a short sale? Come & find out!

– Protect your savings & assets from bank lawyers!

– Do you have to pay anything to do your short sale?

– How to get thousands in cash “relocation allowance”

– Avoid the stigma & lingering problems of foreclosure

– Can your lender sue you for the loss on your short sale?

– What REALLY hurts your credit? …It’s not what you think!

– Why a short sale is so much better for you than foreclosure

– Which “hardships” qualify you for a short sale? Which don’t?

– How we surprised one client with $14K cash at closing…legally

– If an agent does THIS, do NOT let them touch your short sale!

– What HAFAis & how it can make your short sale faster & easier

– 7 options if you owe too much. Most agents only tell you 2-3

– You’ve heard of property flipping. How about “flopping”?!

– Should you be current on HOA dues? Property taxes?

– Avoid dangerous scams, including the latest one

– When it’s illegal for banks to ask you for $$$

– Will a short sale delay/prevent foreclosure?

– Should you spend $$ to fix up your home?

– Must you be behind on your mortgage?

– Can you sell to family or friends?

– Can you buy your home back?

San Diego Short Sale Process Explained

The Gary Kent Team of Keller Williams is a California Real Estate
Broker, License 00862878. We are not licensed to provide legal or tax
advice and we encourage our clients to seek legal and/or tax advice
early in the short sale process.

Gary Kent Picture by Gary Kent.
Gary has successfully helped well over 200 clients and their families
sell their homes or other real estate via a short sale. In 1991, he
closed his first short sale for a young family, and since has been
helping clients get out of stressful financial situations, escape from
“under water” mortgages, avoid foreclosure (and the accompanying
stigma), save their credit, and maintain their pride through a short
sale. You can find Gary on Facebook, Twitter and .

How to Decide use the Short Sale Process for your San Diego home.

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Short Sale Process San Diego

Living on Borrowed Time? Making no decision sometimes IS a decision. But when dealing with a possible foreclosure on your San Diego Home, delaying a decision can be bad… on several levels.

As tough as it is to make a decision in the face of bad circumstances, The Gary Kent Team of Keller Williams can help. We understand the short sale process. We also understand that you are under a lot of stress. If you are like most of our clients, you are feeling a flood of emotions from sadness to anger to confusion and despair. Our job is easy to describe yet hard to do.

First, we meet with you to find out your situation. Each San Diego home owner facing foreclosure is under a TON of pressure. Or perhaps you are wondering “What do I do if I owe more on my home than it is worth?”

We work with you to identify your current situation and to outline options. There are reasonable ways to avoid foreclosure and there are ways to sell your San Diego home even if the market value is less than you owe. We will help you with your decision by giving you your options. If the short sale process is the best solution we will work with you to contact your lender(s) and open the dialogue with them.

Even though the short sale process in San Diego has improved we have to be honest and let you know that the lenders are still slow to process your short sale. There are a variety of ways that they stall and we know when to play nice and when to get tough.

Your first step is to either contact San Diego short sale expert Gary Kent at 858-457-5368 and he will go over your situation and give you a free analysis of your options and whether the short sale process makes sense for you. Gary has written the book on short sales and would like to give you the San Diego Short Sale Guide for free – Click Here.

Another resource is Gary’s free seminar October 22, 2012 ” SHORT SALE: How To Avoid Foreclosure, Save Your Credit, & Protect Your Savings!”

Come & Learn:

How soon can you buy after your short sale? –

Do YOU qualify for a short sale? Come & find out! –

Protect your savings & assets from bank lawyers! –

Do you have to pay anything to do your short sale? –

How to get thousands in cash “relocation allowance” –

Avoid the stigma & lingering problems of foreclosure –

Can your lender sue you for the loss on your short sale? –

What REALLY hurts your credit? …It’s not what you think! –

Why a short sale is so much better for you than foreclosure –

Which “hardships” qualify you for a short sale? Which don’t? –

How we surprised one client with $14K cash at closing…legally –

If an agent does THIS, do NOT let them touch your short sale! –

What HAFA is & how it can make your short sale faster & easier –

7 options if you owe too much. Most agents only tell you 2-3 –

You’ve heard of property flipping. How about “flopping”?! –

Should you be current on HOA dues? Property taxes? –

Avoid dangerous scams, including the latest one –

When it’s illegal for banks to ask you for $$$ –

Will a short sale delay/prevent foreclosure? –

Should you spend $$ to fix up your home? –

Must you be behind on your mortgage? –

Can you sell to family or friends? –

Can you buy your home back?

The Gary Kent Team 858-457-5368 of Keller Williams is a California Real Estate Broker, License 00862878. We are not licensed to provide legal or tax advice and we encourage our clients to seek legal and/or tax advice early in the short sale process. Click here for more information on San Diego short sales:

San Diego Short Sale Process:

Gary Kent Pictureby Gary Kent. Gary has successfully helped well over 200 clients and their families sell their homes or other real estate via a short sale. In 1991, he closed his first short sale for a young family, and since has been helping clients get out of stressful financial situations, escape from “under water” mortgages, avoid foreclosure (and the accompanying stigma), save their credit, and maintain their pride through a short sale. You can find Gary on Facebook, Twitter and .

San Diego Short Sale Process if you are behind in your mortgage payments to the bank

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San Diego Short Sale Process

What to do if you are behind on your mortgage on your San Diego Home

If you are behind in your payments on you San Diego home, there are some good and bad ideas on how to fix the problem. Here are some thoughts on both.

POSSIBLE GOOD IDEAS

-Borrow from mom and dad

-Rent out rooms

-Talk to San Diego Short Sale Specialist Gary Kent at 858-457-5368

POSSIBLE BAD IDEAS

-Borrow from mom and dad! (family dynamics can be “complicated”)

-Borrow from your 401K – This is bad on several levels. If you end up losing your home, you will still owe the money to your 401K and while you won’t send someone out to break your own legs, the IRS may penalize you for not paying it back.

-Just move out and mail the bank your keys. This is also bad on several levels. The ” Jingle Mail” concept sounds good in Country Songs but in practice, the bank is not responsible for taking over your property until they complete the foreclosure process. In the meantime, if the property gets run down the city may go after you. Also, if there is an injury on the property, you may still be liable. And the list goes on.

We get it: this is a tough time and a tough decision. So you need help from someone who has helped over 200 San Diego home owners short sell their San Diego homes-someone like Gary Kent. Check out our website www.ShortOrStaySanDiego.com

Or, call San Diego short sale specialist Gary Kent at 858-457-5368 for a quick confidential analysis of your situation. San Diego short sale expert Gary Kent has written the book on short sales.

Gary would like to offer the San Diego Short Sale Guide to you for free – Click Here.

The Gary Kent Team of Keller Williams is a California Real Estate Broker, License 00862878. We are not licensed to provide legal or tax advice and we encourage our clients to seek legal and/or tax advice early in the short sale process.

Click here for more information on San Diego short sales Gary Kent Picture

by Gary Kent. Gary has successfully helped well over 200 clients and their families sell their homes or other real estate via a short sale. In 1991, he closed his first short sale for a young family, and since has been helping clients get out of stressful financial situations, escape from “under water” mortgages, avoid foreclosure (and the accompanying stigma), save their credit, and maintain their pride through a short sale. You can find Gary on Facebook, Twitter and .

WANT TO LEARN MORE ABOUT THE SAN DIEGO SHORT SALE PROCESS?

Attend a free seminar on October 22, 2012 ” SHORT SALE: How To Avoid Foreclosure, Save Your Credit, & Protect Your Savings!”

Come & Learn:

– How soon can you buy after your short sale?

– Do YOU qualify for a short sale? Come & find out!

– Protect your savings & assets from bank lawyers!

– Do you have to pay anything to do your short sale?

– How to get thousands in cash “relocation allowance”

– Avoid the stigma & lingering problems of foreclosure

– Can your lender sue you for the loss on your short sale?

– What REALLY hurts your credit? …It’s not what you think!

– Why a short sale is so much better for you than foreclosure

– Which “hardships” qualify you for a short sale? Which don’t? –

How we surprised one client with $14K cash at closing…legally

– If an agent does THIS, do NOT let them touch your short sale!

– What HAFA is & how it can make your short sale faster & easier

– 7 options if you owe too much. Most agents only tell you 2-3

– You’ve heard of property flipping. How about “flopping”?!

– Should you be current on HOA dues? Property taxes?

– Avoid dangerous scams, including the latest one

– When it’s illegal for banks to ask you for $$$

– Will a short sale delay/prevent foreclosure?

– Should you spend $$ to fix up your home?

– Must you be behind on your mortgage?

– Can you sell to family or friends?

– Can you buy your home back?