Mike Watson's (mike_watson) Blog

Chula Vista CA Short Sales - Many homeowners bought their home at the peak of the market. In the hardest hit areas, they paid $500,000 for homes that are not selling for $250,000 (or even less.) Their home is costing them $4,000 a month. (That is the total after paying property taxes and insuranc...

Chula Vista CA Short Sales - Many people ask if they should do a deed-in-lieu of foreclosure and give their house back to their lender. A deed-in-lieu does have its benefits. Lenders like them because they speed up the foreclosure. Discover how other sellers successfully did a short sale and requ...

Chula Vista Short Sales CA - If you are a homeowner, then the housing crisis has decimated the equity in your home. Many families have watched years of hard work spent building their equity go down the drain. Discover how other sellers successfully did a short sale to avoid foreclosure by clickin...

San Diego New Homes http://www.AllNewSanDiegohomes.com Each week "All New San Diego Homes" will feature one of the major builders in the San Diego Area. This weeks featured builder is Madison Lane by California WEST Communities in Vista CA 4 New homes Available. Up to 3338 sq.ft Prices from $417,...

Chula Vista CA - Short Sales can be tough. Many buyers don't understand the process and think that since it is a buyer's market, then they set the rules. That's not the case. You, the seller set the rules. After all, you still own the property. But, more importantly, you must set the rules for of...

Chula Vista CA Short Sales - Some buyers think that since it is a buyer's market, then they can make any crazy demand of a seller. And they can't understand when the seller isn't excited by their lowball offer. Here is an example of a recent story where this happened. A buyer makes an offer on a ...

Chula Vista Short Sales: How much will my credit score be affected by a short sale in Chula Vista.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 mu...

Chula Vista CA Short Sales - Many people are embarrassed that they are short selling their house. 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 lived perfect, responsible fi...

Chula Vista CA Short Sales - A hardship letter is one of the most important items in a short sale. This is your opportunity to explain why your lender should approve your short sale and let you walk away from the debt. In clear terms, you need to layout exactly why you can no longer afford to kee...

Chula Vista CA- People often ask me, "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 for the house to sell. During tha...