Magnus Realty News


New Public Service Announcement For San Diego Short Sale Homeowners

The Magnus Realty Group Team has completed production on their Short Sale Public Service Announcement. The video announcement is aimed at helping thousands of homeowners and buyers in San Diego, Riverside, Orange County, Los Angeles, and San Bernardino counties that are looking for real answers on their home and mortgage.


Magnus Realty Group is honored to have such wonderful clients. THANK YOU!

Chase Short Sale & Wells Fargo Short Sale Compensation

ATTN: “Select” Chase Short Sale borrowers AND Wells Fargo Short Sale and even Bank Of America Borrowers may be eligible for sizable cash incentives. All in an effort to help as many borrowers avoid foreclosure. Read Full Story

Each borrower’s situation is different. To see if a short sale is right for you, please contact us anytime. We’re here to help.

Bank of America Short Sale Decision in Three Weeks?

Cutting months of waiting time for Short Sales in San Diego, Bank of America believes it’s a real reality…Read Full Story

Short Sale Tax Consequences Looming in San Diego?

Short Sale Tax deadline may affect San Diego County Residents.

Carlsbad-Short-SaleSuffice to say, most people are unaware of the potential tax consequences of a short sale (or foreclosure for that matter). A short sale involves selling a property for less than the amount owed to the lender. Per the tax code, the IRS considers a short sale a “Debt Cancellation”. When a lender cancels or forgives debt, the difference between what was owed and the amount the lender received to cancel or forgive the debt may be taxable to the borrower. For example, (more…)

Magnus Realty Group, Inc. Announces New Addition To It’s Winning Consultants

January 26, 2012 San Diego, CA – Magnus Realty Group, Inc., “Purveyors Of Exceptional Real Estate Services in San Diego” have added Juan Antonio Escorcia to the firm’s winning roster of Realtor® Consultants. (more…)

What is a short sale?

WHAT EXACTLY IS A SHORT SALE?

Put simply, a short sale is the sale of a home in which the amount owed to the lender(s) is more than the amount that the home can be sold for. Instead of the homeowner having to bring in money to complete the sale, the sale is completed through negotiations with the existing lender(s). The lender(s) agree to accept less than the full amount owed to satisfy the debt and allow it to be paid off “short.”

Put even more simply, a short sale is a real estate transaction that requires an approval from the lender – period. (more…)

Sellers Corner

Find out how much your home is worth and how Magnus Realty Group can help you sell your home. Also, if you are looking into a possibly exploring the short sale of your home, please be advised that we have been trained by former bank loss mitigators in getting short sale cases approved by banks. We currently average a 96%+ short sale success rate for our clients. Learn More

Real Estate Search

Whether you are a first time homebuyer or a seasoned veteran Magnus Realty Group has all the resources you need to buy real estate in Carlsbad, Encinitas, Rancho Bernardo, Del Mar, La Jolla, San Diego, Mission Hills, East Lake, Chula Vista and San Diego County.Learn More

Market Pulse

As veteran real estate professionals in San Diego, we specialize in foreclosure, pre-foreclosure and short sale cases. Magnus Realty Group looks forward to serving you. We’re always available to assist you in all matters related to real estate.Learn More