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Helpful real estate info from the pros.
What are the Tax Implications from a Short Sale
Tax Implications Borrowers are often concerned about the tax consequences of a short sale. This is because, up until fairly recently, mortgage debt on a primary residence that was forgiven from a Short Sale or Foreclosure could be counted...
Do You Qualify for a Short Sale Transaction
Many people wonder why the bank would allow them to participate in a short sale transaction.Can anyone short sale their property? In all short sales, the bank must assure that the borrower qualifies for the transaction. Most mortgage lenders...
Frequently Asked Questions about Short Sales
Frequently Asked Questions about Short Sales Here are the answers to the most Frequently Asked Questions about Short Sales: 1. I can’t make my house payments, but I do have an ability to pay back all or part of the negative equity. Also, I want...
The Short Sale Process
The Short Sale Process begins when you sign a listing agreement to list your home for sale. At this time, your real estate agent will collect a number of personal documents that will be sent to your mortgage lender as part of a short sale...
Why Do a Short Sale?
Many borrowers wonder, “Why bother with a short sale? Shouldn’t I just let my property go to foreclosure?” – In most cases, the answer is ‘no.’ A short sale is a much better alternative to foreclosure or a deed-in-lieu of foreclosure because a short sale is...
What Is a Short Sale?
GENERAL INFORMATION Mortgage default is occurring in record numbers in San Diego County, particularly in Escondido, San Marcos, Vista, Oceanside, Carlsbad, Encinitas, Fallbrook, and Valley Center. A significant percentage of California borrowers are behind...
Short Sale Negotiation
Whether you have worked a short sale on your own or have been hearing that short sales are the way to go and don’t know how to get started, we are here to help you. Our office created the nationally recognized Short Sale Expeditor™ program which...
5 Ways to Get Your Home Ready to Sell
Are you thinking of selling your home? If you are thinking about selling your home, it’s a good idea to spend some time preparing it for sale. In doing this, you can increase the amount of money you get once you put it on the market. Check out...
Here’s how California residents can help prevent wildfires
Last year mother nature was not kind to California as wildfires broke out throughout our state. Sadly, it was the most destructive wildfire season on record which saw multiple wildfires burning across California. The homes that burn during the...
Cleaning Tips We Learned From Restaurants
Restaurants are likely one of the best places to learn from when it comes to cleaning because first, they must meet health and sanitation requirements set forth by the government to ensure safe food preparation and handling. And secondly, it has to be done in an...
From Homeowner to property owner
Shifting from property dweller to property investor is a huge step. The reasons are oftentimes due to certain life changes like relocation or wanting financial freedom. Usually, first-time property owners decide to rent out their own home. We prepared below a list of...
Check it out: Minimalist Halloween Decor Ideas
Have you got your spook on yet? If you don’t feel like going all out this Halloween for your decorations, perhaps you can take inspiration from these minimalist decor ideas. Plus, some of the DIYs require little effort as well. DIY Spooky Halloween Candles These...
How to Prepare Your Home For Sale With Pets
We love our pets. But when it’s time to sell your home, it can be more challenging as a pet owner because living with pets can reduce your home's value. We are at Broadpoint Properties care so much for our furry friends and we’re here to help. If you’re worried that...
How COVID-19 Changed Our Lives and Homes
The past months have been a roller coaster of emotions for most of us. With many shelter-in-place policies and the public stuck in the four walls of our homes, still, a lot of things can happen. We reached out to a few folks to check in on them and learn about how the...
The Stress of Surprise Home Repairs
Life is full of surprises. But one that any homeowner is not so thrilled about are surprise home repairs. (Oh no!) Whether it be a water leak, or something just broke and needs replacement, the stress of home repairs can happen at any time and nearly half of...
Affordable Ways to Create an Upscale Vibe at Home
Wanting to switch things up a little bit at home? Home updates can make a big impact on the overall look, and it is achievable without the hefty price tag. Here are some ideas for affordable updates that can impress: Paint Cost: around $300-500 A fresh coat of...
How to Prepare for a Home Inspection
Home inspections are a great way to learn a lot about the home you are buying or selling. Preparing for a home inspection is an essential part of the home selling or buying process. Here are some steps you can take to prepare for a home inspection, credits to the...
Real Estate 101: Home Appraisal vs. Valuation
When someone wants to buy or sell a house, they need to know how much it's worth. Home appraisals and valuations are methods used to determine the value of a home, but they differ in terms of how they are done and their purposes. We’ll help you understand the...