THIS IS THE ONE. Creekwood at River Run End Unit Boasts 9 Ft. Ceilings, Custom Saltillo Patio w/Storage, & Tiled Wood burning Fireplace. Patio View Bedroom Comes With Walk-in Closet (Custom Closet Organizer included) PLUS additional Full BONUS Closet. Home has in-unit Washer & Dryer + Stove + Refrigerator + Microwave + Newer Whirlpool Dishwasher + Central AC. Creekwood Community offers assigned covered parking, pool, spa, bbq, exercise room, & gorgeously maintained grounds with waterfall. Conveniently Located Near Shopping & Trolley.
It’s early morning on New Years Day ….and The Best Realtor San Diego CA Team Never Rest!!
We received word from our very reliable industry contact that early this morning (while many were popping bottles of Champagne), the Senate passed the extension of the Mortgage Debt Relief Act as part of their plan to avert the fiscal cliff. It’s expected that Congress will ratify this measure when they meet today at noon.
What does this mean? Homeowners in process of a short sale or who are considering a short sale may have the opportunity to do so TAX FREE should this be ratified.
The Magnus Realty Group Team is passionate about Real Estate Market Economics and we constantly have our ear to the ground.
San Diego Real Estate Brokers Jill Eastman and Ernie Pallares are busily strategizing for the upcoming year and will be releasing their Real Estate Predictions for the new year – this has made Magnus one of the early pioneer short sale realtors in San Diego.
Don’t miss it.
Become a fan and stay up to date on Real Estate Matters that affect you.
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. Read more »
With national elections behind us and the Mortgage Forgiveness Debt Relief Act “appearing” to come to a close (stay tuned here), Team MRG now explores a large segment of the “pondering short sale” homeowner population that either
A) Has never lived in the home they’d like to short sale
B) Has lived in the home at one time.
We answer this question a lot. In fact, about 1/3 of our clients are landlords.
The answer on whether you can short sale your rental property is? Read more »