San Diego Short Sale Process
How long before the Bank kicks you out of your San Diego Home?Have you notice? Banks are getting tougher! If you are unable to or have just stopped making payments on your San Diego Home, whether by choice or because of economic/family/health conditions, the bank will only wait so long before they start foreclosing on your San Diego home.
California's State Attorney General recently signed an an agreement with the "Big Banks." The recent multi-state, multi-billion dollar settlement solves a lot of the problems for the banks (not necessarily for you). If you want to avoid foreclosure you need to look at your options, including the short sale process.
FORECLOSURE PROCESS: After they have given you “proper notice” and have attempted to reach you to discuss options, they can start a foreclosure with a Notice of Default - and in as little as three months, they can file the next step which is called a Notice of Sale and in about 3 weeks they can hold an auction, so four months from the start they may have their attorneys knocking on your door with an eviction lawsuit. After the judge says okay, the next step is the San Diego Sheriff showing up on your doorstep to forcibly remove you. IMPORTANT !!! If you are facing foreclosure, there are other options.
The first thing to do is to call San Diego short sale specialist Gary Kent at 858-457-5368 for a quick confidential analysis of your situation. We have an extensive marketing program to attract home buyers and we may have someone right now who can buy your home. Plus, we have helped over 200 San Diego home owners short sell their home.
If you are not sure how “underwater” your home is, go to our website www.ShortOrStaySanDiego.com 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 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.
by Gary Kent.
Gary has successfully helped well over 220 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 Google+.