The Current Equilibrium in San Diego real Estate

The law of supply and demand is distinctly influencing the San Diego real estate market as we move into 2017.

These quick facts tell the story…

  • In a balanced market, the number of homes offered for sale equals roughly 6 times the number of homes sold in the previous month. This is referred to as “Having 6 months’ worth of inventory.”
  • Today in San Diego we have just over 2 months’ worth of inventory

To learn more about the current San Diego real estate market, click here.

Whatever the market… Tom Dunlap sells homes

San Diego’s real estate market in recent years has resembled a roller-coaster, but it makes no difference to Tom Dunlap. A consummate professional, he’s been through the downturns and the upswings many times, and through it all still gets the results his clients want and need.

Write or call 619-929-1413.!


Automated Pricing is Unreliable, and Often Misleading

Listing information on homes offered for today is being syndicated in so many places online that one can easily lose count.

That would be a very good thing if the information was all accurate.

Just out of curiosity I did a search on one of my own listings when it had been on the market for 14 days.

One site’s mobile app showed it having been listed for 155 days – while their desktop showed 556 days. One site named the listing agent from a prior sale as the current listing agent – along with a sadly outdated price. Worse, when I tried to correct the incorrect information on my own listing, I was unable to do so.

Estimated values were up, down, and seldom on target. But why SHOULD we expect these values to be correct?

The computer program can’t see whether the house is finished well or poorly. It can’t see how the house has been maintained – or even if it has broken windows and a tree through the roof. It can’t tell if there’s a panoramic view or if its proximity to schools, shopping, and medical care makes it more attractive.

Automated values can be a starting point. But the only way to estimate the price at which a house will sell is to look at it and compare it point by point to very similar homes which have sold recently in the same neighborhood or one where values are very similar.

Sadly, perhaps due to the extensive and well-placed marketing efforts of online vendors of this information, some homeowners sell out early while others hold out for a mirage. And buyers are sadly disappointed when they learn that the house they just fell in love with on-line actually has a posted list price from a former listing several years ago.

There are many reasons what a buyer should work with an agent from the beginning.

And, maybe it takes one or two tries to find the right match. Associate with an agent early in the process, work together to find more than one choice for best loan programs. Use the app of your choice to do your own home search, and then cross-pollinate the information with your agent. It’s not easy to get 24/7 clean information. It can be a stressful process.

When you have a good agent, all of the hiccups can be addressed early on so you avoid surprises and really focus on making the right choice…fully informed with the latest real data.

San Diego Short Sales Frequently Asked Questions


Is a San Diego short sale right for you?

 We’re here to help and will be glad to explain the real estate short sale process to you.

If you have specific questions related to your own situation, or don’t find the answers you’re seeking here, you are welcome to click here to write us with your questions.

Talking carries no obligation, so don’t hesitate.

You can also reach us by calling 619-929-1413.

Facts to Consider in decision making…

When should I consider a San Diego short sale? Is now the time?

Underwater and unable to make payments: What Are The Alternatives to Foreclosure?

What about signing a deed-in-lieu? Is it safer than a foreclosure?

Not sure if you qualify for a San Diego Short Sale? These hardships and others will help you qualify.

Want the bank to agree to the short sale of your San Diego home? You’ll probably need to stop making payments.

In a San Diego short sale,
do I have to know who owns my mortgage loan?

I’ve stopped making payments.
Do I have time to short sell before foreclosure?

A serious financial decision:
Should You Keep Making Payments on an Underwater San Diego Home?

Take some advice from financial gurus: See What Dave and Suze Have to Say About San Diego Short Sales

What About Strategic Default? Is it a safe alternative?

When you’re depressed and discouraged…Is it possible to just walk away?

Am I stuck with foreclosure, or can I Short Sale my Vacation Home or Second Home?

Divorce what to do with the house?


Facts to Consider Before Choosing A San Diego Short Sale Listing Agent

You need a listing agent who stays on top of your transaction: The Value of Persistence in a San Diego Short Sale

You need a knowledgeable agent, because …
In San Diego Short Sales, Knowledge is Power

You need an experienced agent, because
San Diego Short Sale Success is Often Determined by the Initial Application

There is a very good reason…Why Over 40% of California Short Sales Fail to Close

Successful short sale listing agents must possess extra skills.
Does your short sale real estate agent know how to prepare a HUD-1?

Your listing agent needs a reputation for getting short sales closed, because otherwise Some Agents Won’t Show Short Your Sale Listing


The Most Common Short Sale Questions and Concerns

I’m the executor of an estate. Can I short sale the house while it’s still in probate?

The answer to this depends a lot on your agent: How long does a short sale take?

Help! I don’t have the money for my San Diego property taxes! Why you don’t need to worry.

I’d rather not move, so Can I buy back the house I’m short selling?

Who decides which short sale offer to accept? The Homeowner.

My second mortgage is a home equity line of credit. Can I still sell short?

I’m underwater on my San Diego vacation home. Is it possible to Short Sell a second home?

Don’t pay an agent to list your short sale, because It should cost nothing to list your San Diego home as a short sale.

It also costs you nothing to SELL your home as a short sale: How do you get paid when you represent me in a San Diego short sale?

How a San Diego Short Sale Will Affect Your Credit and Your Future Plans

A little-known danger in allowing foreclosure: The Zombie Foreclosure Nightmare

How You Can Own Another Home After a San Diego Short SaleTake these steps to assure your success.

How long will I have to wait to buy another home after a San Diego short sale? Here’s what determines your wait time.

Short Sale vs. Foreclosure – How Each Will Affect Your Ability to Buy Another Home

Protect your credit and your future: Don’t use your Visa to make your San Diego home mortgage payment!

Yes, a short sale will affect your credit.
Here are the issues you’ll face.


Short Sales and Your Taxes

What possible tax issues might I have with a short sale?
An overview of IRS regulations.

Short Selling a Second Home?Talk with your tax adviser.

If I short sell my home, will I have to pay the past due property taxes?

If I don’t have to pay income tax on my forgiven mortgage debt, why did I get a 1099 form?


What is an upside down mortgage?

What is a Deed in Lieu?

What is forbearance?

What are recourse loans?

What are deficiency judgments?

Forensic Loan Audits – Do You Need One?

What is loan modification, and should I attempt it?


About Loan Modifications

HAMP Loan Modifications – a promise broken. Lack of servicer compliance and lack of enforcement have turned HAMP modifications into a nightmare ending in foreclosure for thousands of homeowners.

Loan Modifications – the first step breaks hearts. What’s the sad first step toward loan modification? Find out here.

Do they care? Bank Says “Too bad” about failed Loan Modifications

Failed loan modifications – 3 stories and a warning

Beware of Loan Modification Scamsdon’t give your money to these people

The Problem With Banks

A Zombie Foreclosure could keep you in limbo for years. See how banks are preventing homeowners from moving on.

Bank employees follow written guidelines, so… For Bank’s Short Sale Negotiators, Common Sense is not a requirement

Why are banks so often uncooperative? Are the Banks Negligent, Indifferent, or Inefficient?

Every short sale is different – because every homeowner’s situation is different.


To get answers specific to YOUR situation, click here.


We’ll be glad to provide the answers that will help you make an informed decision about your future.

Please note that the information provided on this San Diego short sale page is generic, academic information used for general information purposes and may not be construed as or relied upon as a promise for a specific outcome.

This site provides information about real estate, law, income taxes and credit scores as relates to borrowers in distress, short sales and similar situations. The site is designed to help users safely cope with their own needs. Information is not the same as advice — the application of law or regulations to an individual’s specific circumstances. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer, tax adviser or other specialist if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation. The models in photographs accompanying the testimonials on this website are used for illustrative purposes and are not a personal endorsement.

Residential Real Estate Investment Calculator

Thinking of investing in San Diego residential income property?

See if the investment is a good one by calculating the returns.

Simply enter your information into the residential real estate investment calculator below, then click “analyze.”

You’ll be taken to an analysis showing:

  • Capitalization Rate
  • Cash on Cash Return
  • Loan to Value
  • Debt Coverage Ratio
  • Operating Expense Ratio
  • Net Income Multiplier
  • Annual Cash Flow
  • …and more

New to residential real estate investment and not sure about the terminology?

Visit our real estate investment terminology page.

To learn more about San Diego residential real estate investment opportunities, visit our investor Buyer page and our Global Investment page.

And when you’re ready to start the search, get in touch. We’ll be glad to introduce you to San Diego’s current real estate investment properties.

You can reach us by calling 619-929-1413 or writing

Calculator supplied courtesy of

Real Estate Investment Terminology

If you’ve just decided to begin investing in San Diego residential real estate investment properties, you may not yet be familiar with all of the terms you’ll hear. This short list should bring you up to speed:

LOAN TO VALUE (LTV): The loan amount divided by the price, expressed as a percentage. For instance, if you’re purchasing a $200,000 property and your loan will be $150,000 your LTV will be:
150,000 divided by 200,000 = 0.75 or 75%

The lower the LTV, the better rate you’ll get on a purchase loan. It’s the loan amount as it bears to the whole value. $80,000 loan on a $100,000 would be an 80 LTV.

NET OPERATING INCOME: This is the income received from rents after all operating expenses have been deducted. Operating expenses include repairs and maintenance, insurance, management fees, utilities, supplies, and property taxes. Operating expenses do not include principal and interest, capital expenditures, depreciation, income taxes, and amortization of loan points.
The net operating income is used in determining the cap rate and the debt coverage ratio.

CAP RATE, also called RATE OF RETURN: This is the ratio of net operating income divided by the purchase price, expressed as a percentage. The higher the cap rate, the better, because it indicates a larger rental income. A cap rate of 6% is a good starting point for an investor.
For example, a property purchased for $200,000 yields $18,200 net income per year.

$18,200 divided by $200,000 = 0.09. Thus the cap rate is 9%. You want higher cap rates as an investor.

DEBT SERVICE: The yearly sum of your monthly principal and interest payments, and any fees associated therewith.

DEBT COVERAGE RATIO: If you’re financing your San Diego residential income property, the bank will want to see that your incoming rents will cover your outgoing debt service. To arrive at this figure, divide the annual net operating income by the debt service.

For instance, if your net operating income is $50,000 and your annual debt service is $40,000, you’d divide $50,000 by $40,000. The resulting 1.25 is your debt coverage ratio.

GROSS SCHEDULED INCOME (GSI): The maximum rents that will be received if your San Diego rental income property is fully rented for the entire year. Since vacancies do occur, and you may be able to increase rents, actual income may be different.

GROSS RENT MULTIPLIER (GRM): This is the price divided by the income. This is typically determined by examining comparable properties in the marketplace.

A passive investor is a non-real estate professional or a real estate investment portfolio investor. An active investor has a “hands on,” decision-making position in his or her investments.

DEPRECIATION – ALSO CALLED COST RECOVERY: Residential improvements (buildings) can be depreciated over 27.5 years. Provide your tax adviser with all financial documents related to the purchase of your residential income property, including a break-out of the values of the land and the improvements.


Is it time for you to invest in San Diego residential income property?

Whether you’re a domestic or international investor, we think the answer is “Yes.”

You can reach us by calling 619-929-1413 or writing

P.S. If you’re thinking of a property and want to see how the numbers play out, use our San Diego residential real estate investment calculator.

The Importance of a Reasonable Purchase Offer

Right now in San Diego we’re experiencing a shortage of homes for sale. When the market is balanced, we have 6 months worth of inventory. As we go into 2017, we have just over 2 months worth of inventory. As a result, buyers are competing for every correctly priced home.

Most San Diego homes are priced at – or even below – the price at which they will sell. So buyers who come in hoping for a large discount are asking for disappointment.

Sellers don’t have to entertain low offers, so if they feel an offer is unreasonable, they won’t counter. They’ll just accept another offer or counter to the buyer who made a reasonable offer. The unreasonable offer will be marked “rejected.”

Next, a low offer could alienate the sellers so much that they won’t counter even if there’s only been one offer.

Remember that for a person who has lived in a home, emotions play a significant role in the decision-making process.

Listing agents always advise sellers to view the sale of their home as a business transaction. But it is difficult for most, especially if they’ve lived in the home for many years.

How can you come up with a reasonable offer on a San Diego home?

Trust your buyers’ agent. He or she has a finger on the pulse of San Diego real estate – and knows when a house is or isn’t priced at market value.

Your home buying decision should be based on finding a house in your financial “comfort zone” that will feel like home. When you find one that says “I’m your new home, you must live here,” don’t play games with the price you offer. If you do, someone else will soon be living in “your” home.

When you’re ready to find your new San Diego home, get in touch.

Our experienced San Diego buyer’s agents will not only speed up the process by narrowing your search to homes that fit your wants and needs, they’ll help you determine an offering price that will help you own the home you choose.

You can reach us by writing or by calling 619-929-1413.

Before You Leave the House to View San Diego Homes for Sale, Get Prepared

You’ve been pre-approved for a mortgage loan, you’ve chosen an agent, your agent has helped you narrow the search, and now it’s time to get in the car and see those San Diego homes in person.

This is fun and exciting, but can also be confusing and exhausting if you’re not prepared. Happily, being prepared isn’t difficult.

Here’s the short list:

  • Wear comfortable clothing and shoes.
  • Take along property flyers and a clipboard.
  • Focus your time and attention on the search.
  • Be prepared to act if you find the home you want.

The clothing: Yes, you do like to look nice, but go for comfort as well. Getting in and out of the car and walking around can make you tired and cranky if your clothes or shoes are pinching.

The flyers and clipboard:
If you see more than 2 San Diego homes in a day, it’s easy to get their various features and benefits confused. So take along the flyers and make your own notes as you view the homes. The clipboard will make it easier to keep things together and give you a writing surface.

Plan to focus: When you’re making a major life decision, it’s best to give it your full attention. So set aside enough uninterrupted time to really see the homes you’re viewing.

This is not the time to be distracted by cell phones, nor to need to rush in order to make it to an appointment. And if you have children, carefully consider whether or not they should accompany you as you view homes.

Some children will enjoy the San Diego home search and be helpful as you make your determinations – and others won’t. Only you know how your own children will react.

If they’re going to love the adventure and help you focus on the benefits and features of each home, by all means bring them along.

If they’re going to be tired, cranky, and anxious to go home, don’t make them come along. You won’t be able to focus on the homes if you’re focused on the kids.

Be prepared to act: The San Diego housing market is low on inventory and we’re seeing the most desirable homes moving quickly from “for sale” to “sold.” So when you find the home you know you want, don’t hesitate. Take the time to make the offer before you return home.

Are you ready?

Our buyers’ agents are ready. So get in touch. You can reach us at 619-929-1413 or by writing

Searching for a San Diego Home

When you begin the search for your San Diego home you’ll see more homes for sale than you could possibly view, even though the inventory is low. Your first task, then, is to narrow the search.

First, settle on a price range.

When you meet with a lender to become pre-approved for a home loan, you’ll learn the maximum you can spend. But do listen to your own instincts as well. You may not want to “spend all you can” on your monthly mortgage payment.

Choose the monthly payment that you know will fit comfortably into your budget, then ask your lender to work backwards and tell you your maximum loan amount.

Next, consider where you want to live.

Which San Diego neighborhood will be most convenient to work, school, family and/or recreation – and which will enhance your own lifestyle? Come, explore the differences between the neighborhoods and what each has to offer in terms of lifestyle and convenience.

Of course these aren’t all the San Diego neighborhoods you have to choose from. Describe your perfect neighborhood to your buyer’s agent and he or she will help you focus on areas where you’ll be happy.

Start the search in those neighborhoods.

Now – what you want vs. what you need.

Start with what you absolutely must have. This generally includes the number of bedrooms and baths, but you may have other requirements. You might need a master bedroom and the laundry room on ground level. You may have a grand piano or other large furniture that requires an over-sized room. Maybe a home office is a feature you can’t do without.

Whatever it is – whether it affects the interior or exterior of the home – make a list of these important features.

This will help your buyer’s agent narrow the search to homes that meet the basic requirements.

Now comes the fun part – making a list of features you’d like to have.

What would please you and make a house seem extra-special?

  • Walk-in closets?
  • Bay windows?
  • Cathedral ceilings?
  • A huge pantry?
  • A 4-car garage?

Share that list with your buyer’s agent as well. It will help focus your search on those houses you’re most apt to love.

Be prepared for your list to change as you view homes. You may see other features that grab your attention and cause you to alter your goals. Sometimes buyers even change their minds about the “must have” items if a house without one of them speaks to their emotions.

And that’s OK. Your list is not carved in stone. It’s merely a good starting point that will save you time in your search for the perfect San Diego home.

Let the San Diego Pro Team help you find the perfect home…Call 619-929-1413 or write

Why Do I Need My Own Agent?

What are the advantages to having your own agent over working with the seller’s agent as you search for your San Diego home?


Finding your new San Diego home:

  • Your agent will search the entire marketplace for homes that fit your wants and needs. Because your agent will have seen many of the homes in person and will have access to detailed Multiple Listing information, he or she will be able to narrow the search, saving you time.
  • Without your own agent, you’ll be following ads for homes that may or may not suit you. Then you’ll be shown the homes by seller’s agents who will naturally attempt to keep you focused on their own listings. Given the fact that major real estate portals are now allowing postings from non-agents, you may also be following ads for homes that have already been sold.
  • Your agent will schedule the showings, setting appointments that will allow you to see 2 or more homes on the same day.
  • Without an agent working on your behalf, you’ll be setting individual appointments that may or may not coordinate to let you see more than one home on a given day.
  • If “your home” is not among those currently on the market, your agent will keep you informed of all new listings that meet your requirements. You won’t miss the home you want because you didn’t happen to catch the ad in time.


  • Your agent will be working for you – keeping your personal information confidential and not revealing anything that would weaken your negotiating position.
  • The listing agent works for the seller, and is legally bound to share anything you say with the seller.

Presenting an offer…

  • Your agent will help you determine the fair market value of any home you’re interested in. He or she will then assist you in presenting a fair and reasonable offer.
  • The listing agent will always suggest a full price (or higher) offer.


  • Your agent will negotiate on your behalf – helping you obtain the best price and terms for your new San Diego home.
  • The listing agent will convey your offer to the seller, but will negotiate with you on behalf of the seller.

Ongoing support…

Once you’ve gotten an offer accepted, your agent will assist you with setting up inspections, and will once again negotiate on your behalf if inspection results make it necessary.

To sum it up, when you have your own agent you have an experienced real estate professional on your team – working for you and you alone from the first showing through the closing.

When you’re ready to begin your search for a home in San Diego or anywhere in San Diego County, get in touch. You can count on the San Diego Pro Team to first listen carefully to your wants and needs – and then to help you save time and money.

You can call 619-929-1413 or write

What’s the difference between “prequalified” and “Pre-approved?”

San Diego home buyers understandably get these two terms confused, but there is a great difference.

Anyone can become prequalified over the phone, with no documentation. You simply tell the mortgage lender about your situation and he or she says “I think you can” or “I don’t think you can.” The lender might also give you an estimate of how much you can afford to pay for a home, but it is not a guarantee of a loan.

Pre-approval comes only after the lender has verified the information you provide and checked your credit report. Your pre-approval letter IS a guarantee that unless things change, you will be given a loan for up to a specified amount.

That “unless things change” disclaimer is the reason why your buyer’s agent will advise against doing anything to change your financial picture once you’ve been approved.

That includes making purchases on credit cards, letting any vendor check your credit report, failing to pay a bill on time, changing employment, or withdrawing funds from your savings account.

Don’t even pay off an old account without first getting advice from your lender.

Do you need a San Diego mortgage lender?

Yes, a local lender will be far more responsive to your needs than any Internet lender.

If you’re ready to begin your San Diego home search and don’t have a mortgage lender, get in touch. We’ll be happy to provide you with a list of local lenders who have served our clients well.

And then – we’ll be pleased to help you locate and purchase that new San Diego home!

You can reach us by phone at 619-929-1413 or write us at

Become pre-approved for a mortgage loan before beginning your San Diego home search.

You’ve probably heard this many times: Get pre-approved first, then begin the search for your San Diego home.

Why? For several reasons.

First, you’ll learn just how much you can spend on your new San Diego home. Events over the past few years have changed the landscape when it comes to lending. They’ve even affected credit scores for consumers with perfect credit histories. Becoming pre-approved will show you where you stand.

Next, you’ll learn about different loan programs. You may choose one over another, and that one may come with requirements affecting the home you choose. FHA and VA, for instance, have some specific guidelines.

But perhaps most important of all: When you’re pre-approved for a loan, your offer is more likely to be accepted.

Sellers want to know that if they take their home off the market pending a closing, that closing is probably going to happen. A letter of pre-approval gives them that confidence.

If you’re planning to buy a short sale or a foreclosure, becoming pre-approved is mandatory. The asset managers who handle short sale and foreclosure properties won’t even consider approving your offer until you’ve shown that you can complete the purchase.

And speaking of confidence – local lenders inspire more confidence in sellers than “Internet lenders” and will be likely to give you better service.

If you don’t already have a trusted mortgage lender, get in touch and we’ll provide you with a list of lenders who have served our clients well.

Just call 619-929-1413 or write

Call us! We’re always glad to help.

How a ½% rise in interest rates will affect your buying power

Will a 1/2% increase in mortgage interest rates determine which San Diego home you purchase?

Depending upon your finances, it certainly could.

As an example, let’s assume that you’re purchasing a home and after you’ve made the down payment; your loan balance will be an even $100,000.

If your interest rate is 4%, your monthly payment for principle and interest on a 30 year mortgage will be $477.42.

Should the rate rise to 4.5%, the payment will go to $506.69. That’s a difference of $29.27 per month – per $100,000 of your loan balance.

Translating that to a price you’re more likely to pay for a home in San Diego, $400,000 at 4% = $1,909.66 per month, while 4.5% = $2,026.74 – for a difference of 4 X $29.72 or $117.08.

Now let’s assume that your lender has looked at your other obligations and said that $1,910 is the most you can pay for principle and interest.

Working backwards, we now find that your loan amount can’t exceed $376,896. In other words, the price of the home you wanted would have to drop by just over $23,000, or about 6%. Of course, you could add the $23,000 to your down payment.

We’ll be happy to help you find the home that fits your budget, regardless of the prevailing interest rate.

So if you want to own a home anywhere in San Diego County, simply call 619-929-1413 or write

San Diego Real Estate Market Trends

The television tells you about nation-wide real estate market trends. But as we all know, some markets are picking up rapidly while others are still slipping.

Our market trends reports cover only San Diego County… and that’s more help than national statistics.

However… it pays to remember that trends can vary even from one San Diego neighborhood to another. What’s true in South Park may be false in North Park. So read the reports, get a general idea of how things are going, then give us a call. We’ll be glad to answer your questions.
To access the comprehensive Market Trends reports, click on your area of San Diego County below:

You can also create your own reports on my Market Reports page.

For specific neighborhood information or to find out what your home is worth, please contact us with the neighborhood or your address and we’ll create a personalized Comparative Market Analysis (CMA) for you.
To discuss trends and ask questions about the neighborhoods that interest you, call 619-929-1413 or write

Is Right Now a Good Time to Invest in San Diego Real Estate?

Yes, right now is the perfect time to invest.


In 2012, PricewaterhouseCoopers and the Urban Land Institute ranked San Diego as one of the top ten “real estate markets to watch in 2012.”

In 2013, San Diego ranked high on the list of “best cities” for a variety of attributes, including “Best City to Live In,” “Best City for Twentysomethings,” “Best Cities in Which to Stay Young,” and “Best Cities in Which to Raise a Family.”

In 2015 a WalletHub survey ranked San Diego the 6th best large city in the nation and the 6th best city for military veterans.

According to the PricewaterhouseCoopers Emerging Trends in Real Estate Forecast, this popularity is due to San Diego’s near-perfect year-round weather, which attracts a steady stream of affluent retirees as well as those trained for employment in San Diego’s numerous – and expanding – biotech companies.

It could also be due to the quality of education available here. WalletHub ranked San Diego 3rd overall in education and the San Diego Unified School District tied for “Best in the nation.”

While San Diego home prices reached their peak in 2006 and then crashed to 2001 levels by the end of 2009, prices have been steadily climbing. Will they soon rise above the 2006 peak? We don’t know.

We do know that the still-low interest rates may present a once-in-a lifetime opportunity to own prime San Diego real estate.

It’s still a good time to buy Rental real estate …

Now is also a good time to buy and own rental real estate. Consumers who lost their homes to foreclosure or sold on short sales will, in most cases, be unable to purchase new homes for at least a few years. This creates a heavy demand for rental properties and pushes rental rates upward. In addition, our population continues to increase as more move here to enjoy all that San Diego has to offer. Right now only about half of San Diego’s population owns their own home.

Find your San Diego dream home or investment property now – so you don’t look back in a few years and say “I wish…”

When you’re ready to begin the search for your perfect investment, call 619-929-1413 or write We’ll be pleased to assist.

REO’s and Short Sales – Aren’t They Dangerous?

Is it Dangerous to buy San Diego Short Sales or REO properties?

It certainly can be, if you don’t have the right guidance. But when you have us at your side, you’ll have agents with the tools and experience to help you find a true San Diego foreclosure or short sale bargain – and then negotiate the best possible deal. Just as important – you’ll have guides to steer you around the hidden pitfalls that have plagued so many other home buyers.

The hazards of buying San Diego foreclosures are many, beginning with the fact that they come without the property disclosures that homeowners must submit. But we can help you learn what you need to know about a home before purchasing, understand what that home is worth, and determine whether or not the price is worth the investment.

Short sales, on the other hand, do come with a property disclosure. Also, in most cases the homeowner is still in town, available to share information about such things as how to run the sprinkler system and who to call for lawn maintenance services.

You may have heard that it is difficult to get short sales approved. This is often true. Unless the agent knows how to properly present the short sale documents to the lender, it can take months, and the sale may not be approved at all. Sadly, many agents do NOT know how to handle a short sale transaction.

We have a track record of success in the San Diego short sale market. In fact, when we work for sellers, our lender approval rate on short sales in San Diego County is 98%. And while we can’t step into the listing agent’s shoes, our experience in short sales gives us insight to spot which ones will be accepted, and which will not. We’ll help you find the short sales with the highest probability of making it to closing.

To learn more, call 619-929-1413 or write