I am a Realtor and a licensed California attorney. Let me assist you in your short sale. With years of experience and unique knowlege in this area I can help you make the most of this kind of situation. Learn what your very best options are in the ever changing world of short sales.
Short Sale HelpThe San Diego real estate market is home to some of the most desirable real estate in the country. Within the San Diego real estate market, you can find the some of the most luxurious homes, as well as more affordable homes. Spread across seven unique areas from coastal to inland, the San Diego real estate market truly offers something for everyone.
Despite advertising and media reporting that tells you it’s always a good time to buy a home, the decision is a highly individual one. At any time, it can be either the wrong or the right time to buy for you. If you must move for your job, then it’s the right time to buy if renting isn’t an option. If you are just thinking you’d like to change homes, study the market to see if prices are rising, falling or standing still. Regardless of your motivations, make sure that you love the home you buy and most importantly that you can afford your payments now and five years from now. Buying a home is an important a highly individual decision – make sure that it’s the right time for you to buy a home.
Michael Gaddis recently closed a short sale in Huntington Beach, CA. The short sale involved 2 lien holders, a Chase first lien and a PNC second lien. Both the first and second loans had recourse provisions so it was extremely important to the homeowner that the short sale be successful. The transaction appeared to be [...]
Continue Reading >The Home Affordable Foreclosure Alternatives (HAFA) program is a government sponsored foreclosure assistance program that provides $3000 of relocation assistance for distressed homeowners. Of course, most homeowners desiring to short sell their homes would like to qualify for this program. However, issues may arise that can make qualification for HAFA either difficult or impossible. The general criteria for [...]
Continue Reading >A word of advice for homeowners trying to short sell their house with Ocwen, do not wait until the last minute to initiate the short sale. Ocwen is a very unforgiving lender and frequently refuses to extend Trustee Sale dates in order to facilitate a short sale. Homeowner’s who desire to short sell their house [...]
Continue Reading >Michael Gaddis recently closed a short sale in San Marcos, CA. The buyers submitted an agressive offer than was countered by the bank. The buyers countered with a small increase to their original offer and the bank accepted. It proved to be an incredible deal for the buyers. The sellers were also relieved to have [...]
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