Mike Watson's (mike_watson) Blog

Chula Vista short sales - Bankruptcy is one of the scariest words a lender can hear. A bankruptcy filing can stall their ability to foreclose by 6 months, and sometimes as long as a year. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. The lenders k...

Chula Vista Short Sales - If you are upside down, then you might be tempted to walk away. You'll mail your keys to the lender and move out. Before you move out, I have some important information to tell you. You should stay in the house for as long as possible. Discover how other sellers successf...

Chula Vista Short Sales - Many people are embarrassed that they are doing a short sale on their house here in Chula Vista. They feel like they are somehow being dishonest or shady. Neither one of those is true. A lot of the people short selling today never had a blemish in their credit. They live...

Eastlake CA - You can short sale your house if you have an FHA loan. FHA will forgive you of all the debt and does not ask for a promissory note. That is the case if you are short selling because of a legitimate hardship. Here is how the process works on an FHA short sale. Discover how other East...

Eastlake CA - There are 3 options to use a short sale to stop a foreclosure on your Eastlake CA home. If you want to keep your home, then you need to attempt a loan modification. If you do not want to keep your home, then you need to consider your options. Discover how other sellers successfully ...

Chula Vista CA - Buyers often get frustrated with the short sale process. "I made an offer on a short sale property six months ago. How come I haven't received an answer yet?", they ask us. It is fairly simple to determine if a short sale offer will be approved. Discover how other sellers success...

Chula Vista Short Sales - One of the most common mistakes we find here at Keller Williams when putting together a short sale package is a badly constructed "Hardship Letter" A hardship letter is one of the most important items in a short sale. This is your opportunity to explain why your lender s...

Chula Vista CA- People often ask me here at Keller Williams Realty, "How does a short sale work for the seller?" A short sale is usually very beneficial for the seller. Here is how the process goes. First, the seller will put the home up for sale with an agent. It will usually take a few weeks fo...

Chula Vista Short Sales CA - This is good news or bad news, depending on how you look at it. Here is the good news. If you are a little guy having financial problems, then you are not alone. Even Billionaires are being foreclosed on. One billionaire real estate developer in Florida had several pr...

Eastlake CA  Short Sale: How much will my credit score be affected by a short sale in Eastlake CA? Although we don't know the credit score computing equation, we do know that something as serious as a short sale or foreclosure can have devastating effects. I hear the question all the time, "How m...