San Diego Short Sales, Short Pay and Pay Off

Welcome to San Diego Short Pay, an informational site regarding short sales in San Diego and an affiliate of iSanDiegoRealEstate - a team of residential short sale experts in San Diego, California, helping people in their time of need.

What is a Short Sale?

(Also called "Short Pay" or "Pay Off") When a lender allows the sale of a home and the net proceeds to the lender at close of escrow are not enough to cover the seller's mortgage obligations it is considered a ‘short sale’. The lender also agrees to forgive the difference to avoid foreclosure. This includes closing costs such as escrow and title fees, termite, property taxes and real estate commissions. The seller is not willing or unable to cover some or all of the difference. The seller must be in a financial hardship for the lender to approve the short sale.

Here are some other questions you might have:

	Why is it better to do a short sale than a foreclosure?
	What is required to do a short sale?
	How long does it take to do a short sale?
	What is a financial  hardship?
	What happens if I have two loans?
	What is a non-recourse loan and why is that important?
	What are the tax liabilities after a short sale?
	What is a deficiency judgment and why is that important?
	When do I move out?
	Why is a lender willing to do a short sale?

To find out the answers to these questions and others, definitions and explanations please see our FAQ page.

Do you qualify for a short sale? The 5 Things Not To Do when you cannot afford your home any longer due to a financial hardship. You do have options besides a short sale or foreclosure.

Through iSanDiegoRealEstate's Short Sale Program, we will:

	Market your Home to Sell Very Quickly!
	Negotiate the Best Price for your Home
	Help you Avoid Foreclosure and Bankruptcy
	Help Preserve Your Credit
	Help Eliminate Mortgage Debt
	Relieve most of the Stress so you can Move On
	Do All of this at No Cost to You!

                 All Subject to Lender Approval.

Find out all your options by giving us a call, send a Text message or for a FREE, no obligation consultation. Remember, knowledge is power!

(619) 890-7447

When buying a short sale property, you need to make sure that the listing agent is experienced with short sales. Otherwise, it could take months or might not happen at all, leaving you very frustrated and reducing your options to a foreclosure. Are you looking to purchase a short sale or foreclosed home? Please visit iSanDiegoRealEstate to see the available homes.

iSanDiegoRealEstate specializes in helping you sell and buy property in all the wonderful, surrounding neighborhoods: Mission Hills (92103), Carmel Valley (92130), Normal Heights (92116), Mission Valley (92108), Kensington (92116), Talmadge (92115), University Heights (92116), Del Sur (92127), La Jolla (92037, 92093), Point Loma (92106), Hillcrest (92103), University City (92122), UTC, Downtown (92101), Golden Triangle, Carlsbad (92008, 92009, 92010, 92011), Coronado (92118), Golden Hills (92102), Rancho Bernardo (92127, 92128), Encinitas (92024), Olivenhain (92024), Scripps Ranch (92131), Santaluz (92127), 4S Ranch (92127), Mira Mesa (92126), Rancho Penasquitos (92129), South Park (92102), La Costa (92009), San Marcos (92069, 92078), Oceanside (92054, 92056, 92057), Pacific Beach (92109), Leucadia (92024), Solana Beach (92075), Mount Helix, Sorrento Valley (92121), Cardiff by the Sea (92007), Del Mar (92014), Rancho Santa Fe (92067), Fairbanks Ranch, San Luis Rey (92068), Ocean Beach (92107), North Park (92104), College Grove (92115), San Carlos (92119), Del Cerro (92120), Old Town (92110), Linda Vista (92111), Clairemont Mesa (92117), Tierrasanta (92124), Poway (92064), Carmel Mountain Ranch (92128), Sabre Springs (92128), Bay Park (92110), Mission Bay, Ramona (92065), La Mesa (91941, 91942), El Cajon (92019, 92020), Alpine (91901), Lakeside (92040), Balboa (92102), Eastlake (91913), Santee (92071), Lemon Grove (91945), Bonita (91902), Chula Vista (91910, 91911, 91914, 91915), Imperial Beach (91932), National City (91950), Paradise Hills (92139), Mission Beach (92109), Otay Mesa (92154), San Ysidro (92173), Escondido (92025, 92026, 92028, 92029), Fallbrook (92028), Vista (92083, 92084),  Spring Valley (91977, 91978), Jamul (91935)

San Diego Short Pay is an affiliate of iSanDiegoRealEstate, a licensed real estate broker, CA Dept of Real Estate.

The information provided is for general reference only and is not to be construed as tax or legal advice. Consult your income tax preparer and/or attorney for specific details regarding your individual situation.