Loan Modification Pitfalls

We all know there are people out there who are constantly looking for ways to take advantage of people. This can be especially true for those faced with hard economic times. It’s no secret that the majority of scams prey mainly on those struggling to make their mortgage payments and are on the brink of […]

Seeing what could, instead of what is

With so many distressed properties for sale in Chula Vista on the market today, buyers will often view properties than are less than perfect. As home owners are unable to sustain their mortgage payments, upkeep and maintenance undoubtedly goes unattended. The problem most buyers face in this situation is the lack of vision. When I say […]

I Am Upside Down, Now What? [Part 2]

I’m upside down, now what? In part 1 I went over the the sense of entitlement some home owners may have due to their declining property values yet have no financial hardship. In today’s part 2 I’m talking to those who are facing financial difficulties . There has been much talk following the housing collapse […]

I Am Upside Down, Now What? [Part 1]

I’m upside down, now what? We hear more and more these days about the growing number of home owners falling behind on their mortgage payments. With the over development of housing in San Diego county and especially in east chula vista during the peak of the housing bubble, it makes sense that these areas would […]

Pros & Cons of Different Loans

Today I am breaking down the different types of loans associated with purchasing a property, and giving you their pros and cons. If you are financing your purchase, chances are that you fall in to one of three categories; either a conventional loan, an FHA insured loan or a VA loan. In a conventional loan, […]

Loan Modification Frauds

What I want to share with you today is on the topic of loan modifications and more specifically using a third party to help you with a loan modification. The reason why I bring this up is because the California Department of Real Estate said it had revoked a record number of licenses in 2009. […]

Foreclosures NOT the Best Deals

I want to set the record straight on foreclosures. I have a lot of clients such as buyers and investors in Chula Vista and San Diego that come to me with the sole purpose of purchasing bank owned properties or foreclosures or REOs, which are all the same thing by the way. The missconception here […]

What’s A Short Sale?

With so many Short Sales on the market it is best to know how they got there and why? A question I consistently get from my clients, more so buyers than sellers is what is a short sale? What does it mean when a property is a short sale? Well the definition of a short […]