Waiting Period after Short Sale or Foreclosure
August 15, 2011 by Gary Harmon · Leave a Comment
How Soon Can I Get a Loan One of the questions clients often ask me is “How long do you have to wait after you go through a short sale or a foreclosure to qualify for a new loan. Although I do not do loans, I know the answer is “it depends.” I hope the […]
What is a Short Sale?
July 11, 2011 by Gary Harmon · Leave a Comment
Short Sale (definition) = A sale where your lender (or lenders) agree to accept less than they are due (total loans outstanding) on the sale of your San Diego North County home. In other words, the proceeds from the transaction will not generate enough money to payoff the existing loan and closing cost. Short Sales […]
Short Sale Expert in Oceanside
July 10, 2011 by Gary Harmon · 1 Comment
Are you considering a short sale in Oceanside? Check out these short sale videos. Are you upside down on your Oceanside home? Are you having difficulty making your payments or struggling with cash flow? We have helped hundreds of clients in the past 21 years with their North County real estate needs; foreclosure properties, short sales, estate/probate, […]
ADVANTAGES OF BUYING A NEW SAN DIEGO HOME
May 17, 2011 by Gary Harmon · Leave a Comment
In this tough economic atmosphere, the prospects of getting a great deal may lure your San Diego clients toward buying a short sale or REO. But while up-front costs may seem lower on an REO or short-sale, Carlsbad and Oceanside buyers often end up paying in other ways. Below the photo are five advantages of […]
Are San Diego County Short Sales Increasing?
March 27, 2011 by Gary Harmon · Leave a Comment
Short sales – transactions where the sale price fell short of what was owed on the property – made up an estimated 18.9 percent of resales last month. That was up from an estimated 18.7 percent in January, 17.6 percent a year earlier, and 11.2 percent two years ago. The short sale option provides a […]
Short Sale – Escondido Real Estate
March 26, 2010 by Gary Harmon · Leave a Comment
What is the difference in a short sale of an Escondido home and a foreclosure? What is an REO and a bank owned property? Escondido home buyers often lump all of these distressed sales together, but they are very different and must be approached in different ways. Foreclosure, REO, or Bank Owned Property Let’s start […]
