Choosing your real estate professional is, perhaps, the most important decision you will make when selling property. The more you look around the more we think you will see why it makes sense to list with Michael. We don't sit back and wait for buyers to come to us. We aggressively list your property in the places people are looking!
Michael Ginn aggressively markets your property through Mega Listing Sites and Social Media! The Internet allows potential buyers to look in many places. We not only put your listing in the local MLS, but we also push our listings to the key popular real estate mega sites that have shown good results for driving traffic and interest to our listings and our site. The bottom line is that we post your listings to the most popular websites on the planet!
Michael Ginn
619.944.4466
Michael@GinnRealty.com
Serving San Diego since 2003!
619.944.4466
Michael@GinnRealty.com
Serving San Diego since 2003!
Short Sale
If a homeowner owes more on their property than it is currently worth, then they can hire a qualified real estate agent to market and sell their property through the negotiation of a short sale with their lender. This typically requires the property to be on the market and the homeowner must have a financial hardship to qualify. Hardship can be simply defined as a material change in the financial stability of the homeowner between the date of the home purchase and the date of the short sale negotiation. Acceptable hardships include but are not limited to: mortgage payment increase, job loss, divorce, excessive debt, forced or unplanned relocation, and more.
If a homeowner owes more on their property than it is currently worth, then they can hire a qualified real estate agent to market and sell their property through the negotiation of a short sale with their lender. This typically requires the property to be on the market and the homeowner must have a financial hardship to qualify. Hardship can be simply defined as a material change in the financial stability of the homeowner between the date of the home purchase and the date of the short sale negotiation. Acceptable hardships include but are not limited to: mortgage payment increase, job loss, divorce, excessive debt, forced or unplanned relocation, and more.
- Benefit: A short sale allows the homeowner to avoid foreclosure, salvage some of their credit rating, pay NO commissions and NO closing costs, & walk away from the home with NO debt and NO tax consequences. This also keeps foreclosure off the individual's public record, and in many cases will allow the homeowner to avoid a deficiency judgment. Borrower may qualify for another mortgage in as little as 24 months (as opposed to five years for a foreclosure).
- Drawback: Short sales can be a trying process in which a homeowner is best served by contracting with a qualified real estate agent to guide the way.
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