Comments on: A San Diego Short Sale Solution

By: Ideal4investors

Ideal4investors — Tue, 29 Apr 2008 23:34:56 +0000

Most of the investors I talk to in San Diego say banks are not willing to negotiate or they will take something ridiculous like a 7% discount. We can’t get rid of this inventory until the banks become more reasonable.

By: roberta

roberta — Mon, 28 Apr 2008 18:27:03 +0000

Carrie: Stay in touch and in the loop! Lenders throughout the country need to head the foreclosure problem off at the pass.

By: Carrie

Carrie — Mon, 28 Apr 2008 18:10:45 +0000

I too would love to hear more about your stategy– I think it is a good one– as it edvelops.

By: Carnival of Real Estate Investing: It’s Back, 88 Times Over! | Real Estate Investing for Real Blog

Mon, 28 Apr 2008 16:28:15 +0000

[...] Murphy from the San Diego Real Estate Blog writes an interesting post called A San Diego Short Sale Solution that details how people in San Diego are focused on foreclosures instead of short sales, and comes [...]

By: roberta

roberta — Mon, 28 Apr 2008 03:22:25 +0000

Maureen:

I am in discussion with some other San Diego Realtors, developing a presentation for lenders regarding this very issue. They would be able to bypass the expensive foreclosure process if pre-negotiated short sales were offered up front.

Care to join in?

By: Maureen Francis

Maureen Francis — Mon, 28 Apr 2008 03:12:12 +0000

I agree, but how do we get them to do that?