San Diego Short Sales
Principal resident
Loan before 2009
Delinquent on payments
Loan less than $729,750
Monthly payments > 31% of gross income monthly
Also a program called HAFA = Home affordable foreclosure alternative.
HAFA has guidelines GSE Freddie & Fannie & (Non GSE) Service provider try’s to help homeowner with home retention.
Or will the lender allow a short sale. A Short Sale would depend on what the guidelines are from each of the lender/bank. Only the service provider can find this out. If the seller is allowed a Short Sale A Realtor should try and get Full Market Value for every homeowner and lender
The process is ..
Need to list the home in the MLS to get offer to submit to the bank
Seller to provide a Letter of authorization LOA so the agent can start the comunication with their bank
Agent will need homeowners Loan number and info. of the Service provider
Seller will provide a “Hardship Letter”. stating why they are struggling to make their payments. Are they Upside down in the value of their home and behind on payment(s) or is the seller financially struggling. How is the job market has it created uncertainty or is there a a major hardship. Health (sickness). Loss of job. Divorce. Moving to another city.
You have options when you are having a hardship or financially struggling making your mortgage payments. Please give me a call to discuss all of your options today. I can inform you on all of the possibilities that are available to you at no cost to you. All you have to do is call me I am here to help you. Call Now 888 523 2345
Let me contact your bank(s) to determine if they will accept less than full payoff ( Short Sale). They would rather accept less than full payoff than foreclose. If you qualify a Short sale is a great way for avoiding foreclosure on your home and a way to pay off your loan by having me negotiate with your lender(s). I will find out what the bank is willing to settle for at no cost to you. Get the facts on Short sales by calling me or email me any questions. There is no cost to you for me to contact your bank(s). We get paid by the bank at close of escrow. Time is of the essence. Dan Rubenstein Broker Real Estate. Lic.01346872 toll free 888-523-2345. I am a Certified distressed property expert since 2010 (CDPE) Winner “Best in Client Satisfaction” 5 Star Realtor San Diego Magazine 5 years in a row, 2008, 2009, 2010, 2011, 2012. Agent of the year 2006, 2007 and Rookie of the year 2004
Here are few benefits for doing a Short Sale: 
- You are in control of the sale, bank just needs to approve it.
- You know who is buying your home.
- You will be away from the social stigma; foreclosure.
- Your home sale will be handled like any other home sale.
- The seller exits the mortgage liability without facing bankruptcy.
- The buyer gets the home at a reduced price.
- The lender accepts to a loss it considers minimal without going through a foreclosure.
Not every lender will negotiate a short sale specially in San Diego. That is why you need an experienced short sale Realtor who can contact both the lender and the bank and initiate the process.
With my wide experience in the field and proven success record, I will help you get your short sale files organized and accelerate the process.
I have successfully closed many short sales where others have failed during the initial process. My experience is pushing the paperwork to the bank along with making a relationship with the asset manager. This can be of great benefit and value in getting the acceptance. Also keeping the buyer from walking away due to the length of time that is needed is of most important. All of this and more I can do for you.
Client testimonial’s.
Dan Rubenstein was our realtor in purchasing our home that was a short sale. We all sat by while the seller and bank negotiators painstakingly went back and forth with little progress. They wouldn’t let Dan help and this home we loved was going to go into foreclosure and we would lose it. Dan, asked if they would please let him make one more try negotiating with the banks. Dan took over and closed the deal and we are in our dream home. Dan was a great realtor for us. Caroline P. University City 92122
Dan Rubenstein helped save my home from going into foreclosure by successfully doing a short sale. By providing the bank with all the correct paperwork the first time. Dan got approval from the bank to sell my home fast. Unfortunately the first buyer walked so Dan had to find another buyer fast. This happened 4 times !! and every time Dan was able to find another buyer. Finally we closed escrow. Thanks to Dan Rubenstein short sale experience, negotiating skills and tenacity we have closure. I would recommend to anyone that is having a hardship or behind in their payments to contact Dan. He will get it done for you. Denny v Solana Beach 92075
If you need a San Diego short sales help, contact me toll free 888-523-2345 to discuss your situation
