About Chula Vista's Eastlake Woods

Looking for a luxury gated homes community in the Eastlake area of Chula Vista? Consider EASTLAKE WOODS. If you want a larger home in a private gated homes community in Eastlake, then search all EASTLAKE WOODS HOMES FOR SALE, including New Homes in Eastlake Woods West.

When you want to find the best of the best on Eastlake Homes for Sale, our Eastlake Woods Real Estate Map Search Engine will litteraly "WOW" you when it comes to finding all Eastlake Woods Foreclosures, Eastlake Woods Bank Owned Homes, Eastlake Woods New Homes, Short Sales etc.

EASTLAKE WOODS SHORT SALE INFORMATION

Do you owe more on your home than it is worth?

Are you having trouble making your mortgage payments?

Are you already behind on your mortgage payments?

Has your interest rate adjusted to make it unaffordable now?

Do you need to refinance but can't because your house won't appraise for more than your loan amount?

Do you need to sell your house, but owe more than it can be sold for?

Do you think that you may enter into foreclosure on your home?

If you are possibly facing foreclosure, do you know the possible consequences if you have recourse loans?

If you answered YES to any of the above questions, it is likely that you are in danger of foreclosure. You are not alone and THERE ARE SOLUTIONS. Whether your goal is to keep your home or to move on and walk away, there are solutions to avoid foreclosure.

When purchasing a home, nobody anticipates a foreclosure down the road. In the current state of the economy, many home owners are finding themselves in this situation. If it is you, you are not alone.

If you want to avoid imminent foreclosure, and a loan modification is not viable, a short sale may be your only option. You need not worry about Realtor Fees or commissions, the bank will pay any/all commissions for the seller to get the property sold.

It is crucial to be proactive and get started right away. Every one's short sale situation is different. You may or may not qualify. In addition, there are many factors to consider and become very familiar with in order to make sound decisions such as: recourse debt, non-recourse debt, sold out junior, subordinate liens, state and federal tax guidelines etc.

Visit my Short Sale page for more information on Eastlake Woods short sales.

Contact Me today to schedule a FREE discreet and Informative consultation.

There is absolutely no obligation to use my services. There are no upfront fees.
I will meet with you and give you as much information as you need relating to your situation and answer all of your questions. You will be more confident in your knowledge when we are done enabling you to make well thought out decisions about your real estate.

The vast majority of people I meet with who need my services end up doing business with me and referring me to others for that reason.

Visit: http://www.SDInvestmentRealEstate.com for more local San Diego real estate information.

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 offers. If you don't then you dramatically reduce your odds of successfully short selling your property.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

Here is what you should think about before you take your home off of the market.

1. You should only accept and work with one offer at a time. If you accept more than one offer at a time, then buyers get mad.

The primary offer might get angry because you accepted a backup offer. In addition, multiple offers confuse everyone involved including the short sale lender.

2. You should make sure the buyer can get financed for a loan. That means the buyer should give you genuine proof of that, whether a pre-approval or pre-qualification.

3. We recommend that the buyer inspect the home before the sales contract is signed. If any unexpected problems come up (and they do), then you can adjust the offer price that is submitted to the short sale lender.

This saves from having to negotiate the price again if a problem is found after the short sale is approved. Besides, the lender is more likely to accept a lower price if you send them a copy of the inspection.

4. The buyer agrees to wait the necessary 60-90 days for an answer on the short sale. That time will depend on the lender. Some lenders are fast and some are slow.

5. The buyer should put a reasonable deposit in escrow to keep them on board for the necessary time required for the short sale to be approved.

These are what we have determined to be necessary for a successful short sale. If you don't have a serious buyer then you are wasting your time and your agent's time as well.

Many buyers and their agents think that since a property is a short sale, then offers can be treated very casually. This only hurts the home sellers trying to avoid foreclosure when the buyers can't get a loan or back out after the inspection.

Helping someone avoid foreclosure is serious business. That's why we treat it as such. Thinking about a short sale?

I can help you short sale your property and never pay the bank another penny. Send me an e-mail at mikekwcv@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (619) 743-8884

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Chula Vista loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Mike Watson.

Mike is a Real Estate Agent at Keller Williams Realty. Chula Vista Short Sales Realtor:

Phone: (619) 743-8884. mikekwcv@gmail.com.

View My homes for sale at www.sellingchulavistahomes.com.

Mike Watson specializes in loan modification assistance and short sales in Chula Vista California. Chula Vista Loan Modification Help, Chula Vista Short Sales. Chula Vista Short Sale Realtor. Chula Vista CA Short Sales. Chula Vista Realtor.

Chula Vista CA Home Sales -

Earlier I posted the first 4 steps (click here to read steps 1 thru 4) of "Eight steps to buying your home"

5. Make an offer.

When searching for your dream home, you were just that - a dreamer. Now that you're writing an offer, you need to be a businessperson. You need to approach this process with a cool head and a realistic perspective of your market. The three basic components of an offer are price, terms, and contingencies (or "conditions" in Canada).

Price - the right price to offer must fairly reflect the true market value of the home you want to buy. Your agent's market research will guide this decision.

Terms - the other financial and timing factors that will be included in the offer.

Terms fall under six basic categories in a real estate offer:

1. Schedule - a schedule of events that has to happen before closing.
2. Conveyances - the items that stay with the house when the sellers leave.
3. Commission - the real estate commission or fee, for both the agent who works with the seller and the agents who works with the buyer.
4. Closing costs - it's standard for buyers to pay their closing costs, but if you want to roll the costs into the loan, you need to write that into the contract.
5. Home warranty - this covers repairs or replacement of appliances and major systems. You may ask the seller to pay for this.
6. Earnest money - this protects the sellers from the possibility of your unexpectedly pulling of the deal and makes a statement about the seriousness of your offer.

To search all Chula Vista homes for sale, click here

6. Perform due diligence.

Unlike most major purchases, once you buy a home, you can't return it if something breaks or doesn't quite work like it's supposed to. That's why home owner's insurance and property inspections are so important.

A home owner's insurance policy protects you in two ways:

1. Against loss or damage to the property itself
2. liability in case someone sustains an injury while on your property

The property inspection show expose the secret issues a home might hide so you know exactly what you're getting into before you sign your closing papers.

• Your major concern is structural damage.
• Don't sweat the small stuff. Things that are easily fixed can be overlooked.
• If you have a big problem show up in your inspection report, you should bring in a specialist. If the worst-case scenario turns out to be true, you might want to walk away from the purchase.

To Search ALL NEW San Diego Homes, click here

7. Close.

The final stage of the home buying process is the lender's confirmation of the home's value and legal statue, and your continued credit-worthiness. This entails a survey, appraisal, title search, and a final check of your credit and finance. Your agent will keep you posted on how each if progressing, but your work is pretty much done.

You just have a few preclosing responsibilities:

1. Stay in control of your finances.
2. Return all phone calls and paperwork promptly.
3. Communicate with your agent at least once a week.
4. Several days before closing, confirm with your agent that all your documentation is in place and in order.
5. Obtain certified funds for closing.
6. Conduct a final walk-through.

On closing day, with the guidance of a settlement agent and your agent, you'll sign documents that do the following:

1. Finalize your mortgage.
2. Pay the seller.
3. Pay your closing costs.
4. Transfer the title from the seller to you.
5. Make arrangements to legally record the transaction as a public record.

As long as you have clear expectations and follow directions, closing should be a momentous conclusion to your home-searching process and commencement of your home-owning experience.

To contact us regarding your home purchase, click here

8. Protect your investment.

Throughout the course of your home-buying experience, you've probably spent a lot of time with your real estate agent and you've gotten to know each other fairly well. There's no reason to throw all that trust and rapport out the window just because the deal has closed. In fact, your agent wants you to keep in touch.

Even after you close on your house, you agent can still help you:

1. Handle your first tax return as a home owner.
2. Find contractors to help with home maintenance or remodeling.
3. Help your friends find homes.
4. Keep track of your home's current market value.

Attention to you home's maintenance needs is essential to protecting the long-term value of your investment.

Home maintenance falls into two categories:

1. Keeping it clean: Perform routine maintenance on your home's systems, depending on their age and style.
2. Keeping an eye on it: Watch for signs of leaks, damage, and wear. Fixing small problems early can save you big money later.

Read steps 1 thru 4 click here

Thanks for reading this, Mike Watson.

Mike is a Real Estate Agent at Keller Williams Realty.

Phone: (619) 743-8884. mikekwcv@gmail.com.

View My homes for sale at www.sellingchulavistahomes.com.

Chula Vista CA - The Stop Foreclosure Institute Chula Vista recently received a question from Steve. Here is Steve's Question.

"I own a condo in Eastlake CA. I purchased in 2007, pre-construction for $375k and have a mortgage balance of $337k.

I have been trying to sell my unit for upwards of 2 years with no success. I have been unable to refinance because my unit is worth much less than the balance on my mortgage.

I have been denied a loan modification. I must move by this summer and do not want to make a penny on the sale. I just want to be rid of this property.

I have been advised that I would not get approved for a short sale because I do not have a financial hardship. However, I am not sure this is correct. I am seeking advice as to what my options are." said Steve.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

Here was our answer. If you are moving for a job transfer then, then you have a legitimate hardship. I do know this.

If you move in 6 months and stop making the payments, then something will need to be done. The bank will either approve a short sale or foreclose on your property.

You could try to rent the unit out and write a check every month to cover the payments. But, then you would be limping along for years until the market improved and you can sell.

But, what if things get worse? What if a tenant trashes your condo and you can't afford the repair bill? No one wants to rent a trashed condo.

You would have a hard time covering the payments then and even risk a foreclosure. I would start the short sale process today. There is a good chance that your lender would approve a short sale today.

If not, then you could convince them to approve it later, after you have moved. Some short sale negotiators are easy to work with and will approve the short sale.

Others might play hardball and want a promissory note from you. It's all negotiations. The sooner you start the negotiations, the sooner you can move on with your life.

Thinking about a short sale? I can help you short sale your property and never pay the bank another penny. Send me an e-mail at mikekwcv@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (619) 743-8884

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Chula Vista loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Mike Watson.

Mike is a Real Estate Agent at Keller Williams Realty. Chula Vista Short Sales Realtor:

Phone: (619) 743-8884. mikekwcv@gmail.com.

View My homes for sale at
www.sellingchulavistahomes.com.

Mike Watson specializes in loan modification assistance and short sales in Chula Vista California. Chula Vista Loan Modification Help, Chula Vista Short Sales. Chula Vista Short Sale Realtor. , Short Sale Realtor. Chula Vista CA Short Sales. Chula Vista Realtor.