Justin Brennan

Hello Kimbra,
I am an asset manager and get calls from homeowners all the time wondering what happened because they thought they were going to get a short sale. The reality is that the left hand does not talk to the right hand at the bank which is why the home was foreclosed on. Your options are as follows
1) Stay in the home and let them evict you - 90 days
2) negotiate a relo assistance package for a couple thousand dollars depending on your home value - 14-30 days
3) get an attorney and try and rescind the FC sale... not likely, but it has happened

for more info you can go to my website at http://www.TheLaJollaLife.com - Thu May 6, 2010

Hey Jane, I saw your questions and I hope you have found a home by now. Due to HOA's not many condos cash flow downtown. Not to say it can not happen, but If you put a good downpayment in place, you can possibly cash flow the investment. Try Park Terrace, Smart Corner or Vantage Pointe for some killer deals right now. http://www.TheLaJollaLife.com

http://www.thelajollalife.com/condo/Park-Terrace - Sat Apr 24, 2010

Hello Jane,
most new condo buildings in downtown San Diego will not give you a positive cash flow for investment purposes due to high HOA's, price point and rent levels. I invest in several multi-unit complexes in North Park and Bankers Hill. This is where you have chance, with a large down payment, to get positive cash flow and take advantage of the tax benefits of ownership as well as appreciation over time. If you want to talk to me about investment opportunities in San Diego, give me a call and I will show you what you can do. Thanks

619-823-2120 http://www.TheSDLife.com - Wed Feb 3, 2010

Hey Zach,
There are loan programs available for people in yoru situation. Let me know if you have not worked this out already and I can help. I have two reall good loan officers who deal in La Jolla specifically. Thanks 619-823-2120 - Sat Apr 24, 2010