San Diego Short Sale Experts

Bank of America Short Sale Incentives Up to $30,000 to Homeowners

Brian Ruhl — Tue, 22 May 2012 18:24:56 +0000

Bank of America has decided to roll out their Cash Incentive short sale program on a national level. This Short Sale program can provide homeowners up to $30,000 in return for their cooperation. This is a brand new program in CA and one of our clients here in San Diego already has been approved for [...]

San Diego Real Estate Market Update May 2012

Brian Ruhl — Fri, 11 May 2012 20:04:27 +0000

San Diego Real Estate Market Update Now that the first quarter is well behind us and we’re dug into the 2nd quarter I wanted to share my view of what’s happening in the San Diego real estate market. We’re starting to work with a lot of first time buyers and past clients we did short [...]

Dignified Transition Solutions handles Bank of America Cooperative Short Sales

Brian Ruhl — Tue, 24 Apr 2012 21:40:17 +0000

Dignified Transition Solutions is working with Bank of America to streamline the short sale process though their Cooperative Short Sale Program I’ve been a registered agent with Dignified Transition Solutions (DTS) for several months now and have been pleasantly surprised with the way DTS runs the Cooperative Short Sale program for BofA. They are a 3rd party [...]

Chase offers Active Military $20,000 Short Sale Incentive

Brian Ruhl — Fri, 13 Apr 2012 20:25:14 +0000

We were able to get our client $20,000 to short sale their property because they are in the Military. We have several high up contacts at Chase and we often times hear about programs being offered by Chase before they come out. This is one we’ve been hearing will come down the line and it [...]

New HAFA Short Sale Rules Include Better Credit Rating For Short Sellers

Brian Ruhl — Fri, 30 Mar 2012 17:49:32 +0000

On March 9th, 2012 New HAFA Short Sale rules have been introduced. Major changes to the program, including a better credit rating for short sellers, have been implemented in the newly polished program. The HAFA program was originally intended to help incentivise homeowners to short sale a property with a $3,000 cash incentive, rather than [...]

Top 5 myths about Short Sales

Brian Ruhl — Wed, 07 Mar 2012 17:14:37 +0000

There is a lot of incorrect information out there about the short sale process. This video is intended to help homeowners separate the right from the wrong and enable them to make a more educated decision about their home. Some of the topics covered in the video Debt Forgiveness and Senate Bill 458 (SB 458) [...]

Senate Bill 458 requires lenders to forgive the remaining balance after a Short Sale in California

Brian Ruhl — Mon, 05 Mar 2012 23:33:55 +0000

Senate Bill 458 SB 458 came out July 15th, 2011 and 8 months later I still get prospective clients, attorneys, cpa’s, Realtors, and other supposed ”industry insiders” ask me if mortgage lenders have the right to pursue borrowers after a short sale. The answer to simply NO. I love being able to tell clients this, and have [...]

How can I qualify for the Foreclosure Settlement?

Brian Ruhl — Tue, 21 Feb 2012 21:31:53 +0000

Can I qualify for the 2012 Foreclosure Settlement? I’ve been getting a lot of calls from current and past short sale clients in San Diego asking me how the new 26 Billion Dollar Foreclosure Settlement will affect them and how they might benefit from it. The banks currently involved in the settlement are: Bank of America Citigroup [...]

Short Sale with a tenant occupied property

Brian Ruhl — Thu, 16 Feb 2012 16:56:47 +0000

About 40% of the short sales we work on, as a brokerage, are tenant occupied properties. The obvious question I get from our clients in these situations is: “How do I keep my tenant happy during the short sale process?” The goal is to keep the tenant in the property paying every month on time. [...]

Short Sale Process and Timeline: 3 Simple Phases

Brian Ruhl — Thu, 09 Feb 2012 20:57:48 +0000

Short Sales are widely seen as complicated and difficult transactions that take forever and often times end in failure. This is not true and is a common misconception. As long as the Real Estate Company you hire is experienced and understands the system a short sale should be a simple process that you can set [...]