San Diego Realtor | Short Sale Experts

We have dedicated our time and effort to mastering a system for short sales! We are well trained and ready for any situation this market has to offer. We take pride in, and are dedicated to getting short sales approved fast!

Contact Mike Post, MBA at 858-571-4712 to get started.

Recent Short Sale Case Study!

Subject Property:

455 Edgehill Ln

Oceanside Ca 92054

Property Listed on:2/8/2007

List price: 375,000-395,000

Property Liens totaling: 418,000.00

Obtained fully executed offer and disclosure on 3/3/2007 for 300,000.00.

Obtained short sale approval on: 3/13/2007

Closed Escrow on: 3/28/2007

Property went 137,981.02 short.....

( Amount short is how much the lender went short from the total liens owed against the property.)

1.Q. What is a short sale?

A. A short sale is when a lender accepts less then what is owed on the property.

2. Q.How is a short sale accomplished?

A. A short sale is accomplished by negotiations. We present facts backed with a package full of information that the lender must have to make a decision, the contents of this package along with the negotiations are crucial when trying to get an approval.

3. Q. How long does a short sale take?

A. Depending on the lender most short sale negotiations from the acceptance of an offer to approval take anywhere from 14 to 21 days. However with our contacts and system, we have been able to speed up that process and get approvals faster!

4. Q. What if I am already listing the property and I want the short sale squad to handle the transaction?

A. A cancellation of listing must be filled out by all parties and short sale squad will re list the home, We can help facilitate this process.

5. Q. What if I want to attempt a short sale for the first time?

A. Negotiating a short sale is a very difficult process! Too many times has that route been taken and has ended in failure! What we do is not magic, we have developed a system that works, and we are experienced with negotiations. We have developed relationships with almost every major lender, so we know who to talk to and what that individual lender requires for approval! We also understand the mind of the lender and know what risk to present when negotiating. There are civil code and procedures the lenders MUST follow, and we make them aware of this as apart of our system!

Prime One Mortgage & Realty - 3505 Camino Del Rio South, Ste. 220 - San Diego, CA 92108
Office Phone: (858) 571-4712 Fax: (858) 571-4712 Cell Phone: (858) 752-3591
Real Estate License #: 01715145

:: Pre-Qualify :: Loan Programs :: ARM Loans :: Purchasing :: Need Cash? :: Refinance :: Debt Consolidation :: Interest Only :: Zero Down :: Rent Vs. Buy Calculator :: Request Loan Status :: Calculators :: Mortgage Payment Calculator :: Interest Only Payment Option Calculator :: Refinance Calculator :: Imperfect Credit? :: Credit Grade Calculator :: Loan Process :: Library :: FAQ :: Glossary :: Forms :: What's HOT at Mutual Bancorp! :: Loan Application Instructions :: About Us :: Tell-A-Friend :: Sweepstakes :: Privacy Policy :: LaJolla,Coronado,Del Mar,Rancho Santa Fe :: For Sale by Owner :: San Diego Realtor | Short Sale Experts :: News for HomeBuyers and Sellers :: Credit Report :: Marketplace :: Home :: Articles :: Links ::

REAL ESTATE LOANS,Mortgage Broker,Home Loans,Foreclosure Bailout,Mortgage Loans,Refinancing,Commercial Loans,Reverse Mortgages,First Time Buyers,Divorce Refinance,Debt Consolidation,Senior Buyers Agent

We Lend In:

Alabama, Alaska ,Arizona ,Arkansas, California ,Colorado, Connecticut, Delaware, District of Columbia. Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota,Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New York,North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, S. Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming. [AK][AL][AR][AZ][CA][CO][CT][DC][DE][FL][GA][HI][IA][ID][IL][IN][KS][KY][LA][MA][MD] [ME][MI][MN][MO][MS][MT][NC][ND][NE][NH][NJ][NM][NV][NY][OH][OK][OR][PA][RI][SC] [SD][TN][TX][UT][VT][VA][WA][WI][WV][WY]

Serving cities of: Alhambra, Anaheim, Arcadia, Auburn, Bakersfield, Berkeley, Beverly Hills, Brea, Buena Park, Burbank, Burlingame, Camarillo. Campbell, Canoga Park, Canyon Country, Carlsbad, Cathedral City, Chatsworth, Chino Hills, Citrus Heights, City of Industry, Clovis, Compton, Concord, Corona, Costa Mesa, Covina, Culver City, Daly City, Downey, El Cajon, El Monte, Elk Grove, Encinitas, Encino, Escondido, Fair Oaks, Fontana, Freemont, Fresno, Fullerton, Garden Grove, Gardena, Glendale, Hayward, Hemet, Huntington Beach, Indio, Inglewood, Irvine, La Habra, La Jolla, La Mesa, La Mirada, La Puente, Laguna Beach, Lake Elsinore, Lakewood, Lancaster, Lodi, Loma Linda, Long Beach, Los Altos, Los Angeles, Madera, Menlo Park, Mission Viejo, Modesto, Monterey Park, Moraga, Moreno Valley, Mountain View, Murrieta, Napa, Newport Beach, North Hollywood, Northridge, Norwalk, Novato, Oakland, Oceanside, Ontario, Orange, Oxnard, Palm Desert, Palm Springs, Palmdale, Palo Alto, Pasadena, Perris, Petaluma, Pico Rivera, Pleasanton, Pomona, Rancho Cordova, Rancho Cucamonga, Redlands, Redwood City, Richmond, Riverside, Rocklin, Rosamond, Roseville, Sacramento, San Bernardino, San Bruno, San Clemente, San Diego, San Francisco, San Gabriel, San Jacinto, San Jose, San Leandro, San Marcos, San Pedro, San Rafael, Santa Ana, Santa Clara, Santa Clarita, Santa Monica, Santa Rosa, Sherman Oaks, Simi Valley, Spring Valley, Stockton, Sun City, Sunnyvale, Thousand Oaks, Torrance, Tracy, Turlock, Tustin, Upland, Vacaville, Van Nuys, Ventura, Victorville, Vista, Walnut, Walnut Creek, West Covina, Westlake Village, Westminster, Whittier, Woodland Hills, Yorba Linda, Yucaipa. morgage, home loans, 100% financing, bad credit home loans, no credit home loans, california home loans, california home financing, subprime loans, san diego home loans,san diego home loans, los angeles home financing,san diego home financing, home financing, difficult home loans, difficult home financing, property search,property search san diego,property search bay area, property search central valley, san diego loans ,los angeles loans, orange county loans, sacramento loans, free loan consultation, loan consultation, new home loans

CAMB - California Association of Mortgage Brokers