'Salviati' Category
When Is It Time To Short Sale My Home? Top Three Questions Answered
May 7th, 2010 Categories: Bel Etage, Brookside Escondido, Foreclosures & Short Sales, Real Estate News, Salviati, Santa Fe Valley, Savenna, bank owned
How would I initiate the short sale process?
A. To initiate the short sale process, contact your lender(s). Typically, the department to contact is your lender’s Loss Mitigation Department. Either you or your authorized representative needs to ask the lender for a short sale package or kit. Most lenders will make their particular processing forms and procedures pertaining to their required short sale documentation available to homeowners. 
Unlike what many people believe, some lenders will also allow you to apply and get approval for a short sale even when the homeowner has never been late or missed a mortgage payment. Please note that lenders will typically only consider a short sale after the borrower has: missed two mortgage payments; has no means to continue paying the mortgage; provided all the necessary financial and hardship documentation to the lender; agrees that they will not derive any proceeds from the sale.
Q. Should I contact a real estate agent?
A. Absolutely. But before selecting a real estate agent to represent you, determine whether or not they are knowledgeable about preforeclosure, foreclosure and bankruptcy options. Your agent should not be giving you advice regarding your personal financial situation. Any real estate agent who asserts that he or she is prepared to assist you as a homeowner in a potential short sale outcome must also be willing to follow the specific administrative procedures of the particular lender involved. In addition, the real estate agent should also acknowledge that they essentially confine their guidance to determining the property’s value and how to best market the property, versus advising the homeowner on the best preforeclosure/foreclosure resolution.
Q. Should I contact an attorney?
A. Absolutely. We recommend that you contact an attorney with the understanding that the attorney needs to not only be well versed in real estate law and foreclosure law in your particular state or province, but also needs to be a proven negotiator on behalf of their clients. Not all short sales or other pre-foreclosure or foreclosure options are structured alike. Therefore, the role of a highly competent attorney in such matters-one who can skillfully negotiate on your behalf-can make a world of difference.
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Live In Salviati, Bel Etage or Savenna And Thinking Of Selling?
January 31st, 2010 Categories: 4S Ranch, Bel Etage, Rancho Bernardo, Real Estate News, Salviati, Santa Fe Valley, Savenna
Attention Santa Fe Valley Homeowners…
We specialize in selling homes in the communities of Salviati, Bel Etage, and Savenna. In fact:
- At our brokerage, Windermere Exclusive Properties, we closed escrow on over $550,000,000 worth of Local Properties in 2009 and we are selling even more properties this year. What this means to you is… We know how to get your home sold!
If you are considering selling your home, we would love to interview with you and share with you:
- What we will do to sell your home.
- Why we can sell your home when it did not sell before.
- How much we can sell your home for, and how quickly we can sell it
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Why your home can qualify for our “Premier Properties” program with its special marketing, advertising, and signage benefits.
Our private number is (877) 571-2289. Selling your home is only a phone call away. Won’t you call us
Sue Johnson & The Hot On Real Estate Team are ready to go to work for you today!
For details about our Guarantees and Services visit our web site at www.HotOnSanDiego.com
E-mail Us for an “Instant Home Value” at info@HotOnSanDiego.com
or click on this link Home Value
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Santa Fe Valley Communites of Salviati, Savenna and Bel Etage A Great Buy?
January 8th, 2008 Categories: 4S Ranch, Bel Etage, Rancho Bernardo, Real Estate News, Salviati, Santa Fe Valley, Savenna
Unlike other areas of Rancho Bernardo, 4S Ranch, and the Santa Fe Valley, the gated ColRich Homes communities of Bel Etage, Salviati and Savenna don’t have an overabundance of listings. In fact, these three communites have only a very few homes available at all.
What’s the reason you may ask? These neighborhoods of estate homes, built by Colrich just a few years ago have had very low turnover and virtually no owners currently testing the current market conditions. We took a look at the recent history of the developments and offer up the following.
First let’s take a look at the current activity in these three developments.
In Salviati, there are currently no homes for sale. The last home sold in the community sold months ago, and none pending sale. In Savenna, there is one home currently listed in the MLS, 17221 Silver Gum Way which is priced on a value range of $ 1,999,950 – $2,350,000. This home has been on the market for 29 days (as of today’s date) but was also listed earlier in the year. The latest sale was on Tallow Tree last summer at $1,700,000. Finally, Bel Etage has only one home currently active on market, at 17034 Saw Leaf Lane also priced on a value range of $ 1,475,000 – $1,575,000.
It’s interesting because the Santa Fe Valley is such a desireable place to live. I’ve talked to a few prospective seller’s who feel that because of the Wildfires, and with the hillsides burned, that waiting to list is the best thing. This strategy could help keep prices up (they have come down as we all know) due strictly to a lack of inventory, but more likely viable buyer’s will simple look at other areas such as Del Sur, East Rancho Bernardo or even Poway.
Our group is seeing interested buyers looking in these three beautiful communities. If you are thinking of selling, please call us for our free, no obligation home valuation. We’re experts in the Santa Fe Valley and Rancho Bernardo in particular. We’re optimistic about the market in 2008, and you should be too! Please don’t hesitate to call us at 858-412-7870 for the latest updates.
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