San Diego Short Sales, Short Pays, Pay Offs

Need to sell a home due to a financial hardship?  We can help!

What is a Short Sale?

(Also called "Short Pay" or "Pay Off") When a lender allows the sale of a home and the net proceeds to the lender at close of escrow are not enough to cover the seller's mortgage obligations it is considered a ‘short sale’. The lender also agrees to forgive the difference to avoid foreclosure. This includes closing costs such as escrow and title fees, termite, property taxes and real estate commissions. The seller is not willing or unable to cover some or all of the difference. The seller must be in a financial hardship for the lender to approve the short sale.

Here are some other questions you might have:

To find out the answers to these questions and others, definitions and explanations please see our FAQ page.

Do you qualify for a short sale? The 5 Things Not To Do when you cannot afford your home any longer due to a financial hardship. You do have options besides a short sale or foreclosure.

Through iSanDiegoRealEstate's Short Sale Program, we will:

                      All Subject to Lender Approval.

Find out all your options by giving us a call, send a Text message or for a FREE, no obligation consultation.

(619) 890-7447  or    

Recent Sold Short Sales

NOTICE:  The information provided is for general reference only and is not to be construed as tax or legal advice. Consult your income tax preparer and/or attorney for specific details regarding your individual situation.