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Home Selling in San Diego County : Real Estate Advice

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  • Local Info22
  • Home Buying186
  • Home Selling21
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Activity 228
Wed Oct 26, 2011
Christopher Lefebvre answered:
I would recommend listing your land on the MLS. You should also consider all other forms of real estate marketing. I would put up a sign on the property at the nearest road with traffic, list it on the MLS, post it on all of the major real estate websites, blog about the property, classified ads, use social media, etc.

You could also get creative and contact some local builders to discuss the property.

If you want a quick sale make sure you price it right for today's market.
... more
0 votes 6 answers Share Flag
Wed Jan 16, 2013
Brian Flock answered:
Pre-foreclosure sales have usually already started the Foreclosure process. The lender has already sent the owner a Notice of Default.

A Short Sale can happen most any time before or after a Notice of Default, up until the actual Foreclosure date. ... more
0 votes 9 answers Share Flag
Tue Sep 13, 2016
Jim Fishinger answered:
I did not see the CAR article. The fees vary from one association to another. They can be as little as $100 to over $400.00 the last I noticed. There have been challenges in the past about the amount being inappropriate based on what is actually provided, but most people just bite the bullet and pay. You need to check with the management company for the association to check specific fee for the association in question.
Jim Fishinger
Broker Associate
Excel Properties
DRE 00882123
www.jimfishinger.com
... more
0 votes 18 answers Share Flag
Wed Aug 12, 2015
Chris Gorno answered:
Hello Mr Credit~

It looks like nobody wanted to step up to your question, so I will attempt. In MOST cases I would say after. Often times when a homeowner decides to short sale, and is no longer making payments on their home because of their hardship, this may allow them to get caught up on other bills and not have to file at all. I would reccommend BK after short sale since there may be a promissory note or a defieciency judgement that could be wiped out in a BK.

One exception to this, is a looming foreclosure and there is not enough time to get the short sale started and the sale date postponed...then filing a BK WILL delay the sale date and stop the foreclosure during the process.
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0 votes 7 answers Share Flag
Mon Jul 28, 2014
Constantine K. answered:
Depending on the financing of the seller, they may need to get a bunch of repairs to get the home up to FHA / VA SDHC standards. Did you get a roof cert stating that the roof has at least 5 years of life left? ... more
0 votes 12 answers Share Flag
Tue Apr 3, 2012
Rudi Hofmann answered:
This may be an indicator. Several portfolio lenders reduce the loan-to-value by 5% on condos in San Diego County. They don't have that guideline for any other county in the state.

Happy funding, Rudi
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0 votes 3 answers Share Flag
Tue Aug 9, 2011
Walter 'Skip' Kersten answered:
To my knowledge, it has not had an impact on my current short sales. The bill has not come up during negotiations. Good luck,
0 votes 1 answer Share Flag
Thu Sep 11, 2014
Shanna Rogers answered:
Hi Terrence,

Whether you should sell your house depends on several factors....You don't provide much information as to why you're thinking of selling. Do you need to move for work? You bought low but will it be a short sale? Do you need to sell due to financial reasons? Do you just want to change location? The reason(s) you are thinking of selling would determine if you should sell or not.

Shanna Rogers
SR Realty
www.RealtyBySR.com
... more
0 votes 21 answers Share Flag
Thu Jul 4, 2013
JR Thrasher answered:
How long can you afford to hold on to the home? If the answer is less than "as long as it takes" you probably want to sell now. Interest rates are starting to climb and if the Federal Reserve slows down or stops "quantitative easing" as hinted at during the last announcement the market going to cool down and you shouldn't count on the huge gains that we have seen so far this year continuing. I’m already starting to see this as is reflected by longer market times for listings that have come on the market within the last 30 days.

However, if you are comfortable holding the property for a long time and either have a good interest rate or own it outright then the long term buy and hold strategy for real estate is hard to go wrong with.
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0 votes 2 answers Share Flag
Fri Oct 12, 2012
Laura Coffey answered:
The listing agent should send a notice to perform. If the buyer wants more time they should automatically release some or all of the deposit. Possibly a per diem. Unless the market is tight and they don't think they will get a better offer...... than maybe they would hold off. At some point a buyer needs to let the seller know if they are going to putt or get off the green. ... more
0 votes 11 answers Share Flag
Thu Dec 15, 2011
Brandon Long answered:
It all depends on the selling situation. If you would like to give me a call I can discuss the different time frames with you in detail.
619-990-3179

Brandon Long
Broker / Owner
0 votes 16 answers Share Flag
Thu Jun 14, 2012
David Burnham answered:
It can take several days, but your agent should be able to go online and add the home into the database. here is the link:
http://www.trulia.com/submit_listings/
0 votes 8 answers Share Flag
Fri May 20, 2011
BXT AXT answered:
Hello Mzerega,

I do not have any referrals as it has been a long time since I did a condo conversion similar to what you plan to do. I will tell you the cost will probably be around $20,000 which includes city fees and the cost of a certified engineer and the process could take two years. I recommend going to city hall and find the department the handles the division of property and they might have some preferred engineers. ... more
0 votes 3 answers Share Flag
Thu May 19, 2011
Sinead McAllister answered:
If you need real estate help, feel free to contact me:

Sinead McAllister
Broker
McAllister Homes Real Estate
(858) 205-5215
brokermcallister@gmail.com
0 votes 5 answers Share Flag
Wed Dec 19, 2012
Bettylynn answered:
we are looking to down size, we need to sell for around 550 we have improved with a pool, two refurbished bathrooms, a new fireplace, lighting, patio cover, jacuzzi, seperate from pool, etc. ... more
0 votes 17 answers Share Flag
Tue Mar 1, 2011
Bill Hays answered:
They should be prorated through escrow based on the closing date. Double check with your escrow officer.

BeachBrokerBill
DRE#01775528
0 votes 13 answers Share Flag
Sun Feb 13, 2011
Mack McCoy answered:
Well, the new owner is entitled to the keys whenever the contract says the sale closes, even though you have the right of possession. So give them the keys.

All the best,
0 votes 14 answers Share Flag
Sat Mar 23, 2013
. answered:
I can answer part of your question from snowy new york, everything in real estate is negotiable!
0 votes 24 answers Share Flag
Thu May 5, 2011
Jerry Heard answered:
Jean,
According to paragraph 14C the seller can only cancel if you fail to perform according to the contract. If the seller is incapable of signing their documents because they are fully incapacitated that may be another issue. Minor health issues do not seem to me to be a reasonable cause to cancel the contract.
Regardless, if the seller fails to perform, you have remedies through mediation and arbitration and can require specific performance on the part of the seller. Paragraph 26 addresses mediation and arbitration.
I hope you get your home
Jerry Heard
... more
0 votes 12 answers Share Flag
Wed Dec 19, 2012
Sara Tessel answered:
Generally, you want to interview a Realtor (or several) and have them do a market analysis on your home, to ensure that you are both on the same page about the value of your home. The Realtor will look at data from the local MLS to determine an appropriate listing price for your home. From this, you have to decide if you are now ready to list your home (with that Realtor or any other). ... more
0 votes 20 answers Share Flag
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