Prestige Real Estate's Blog

Hey Sara!   The reality these days is that the rules are changing every day.  It is extremely important for investors to stay on top of the news and know what the real impact of the headlines is.   There was some really big news in the short sale world recently, so I wanted to take this chance to...

Per the Department of Corporations at http://www.corp.ca.gov/FSD/faq/CFPAConsumer.asp#1 I have attached the Frequently Asked Questions for review according to the Department of Corporations regarding the California Foreclosure Prevention Act. 1. What is the California Foreclosure Prevention Act (...

Through our marketing efforts, I get many people that ask me how Prestige is different than most short sale companies. I have broken down a quick outline on why we are San Diego's REAL Short Sale Experts! We are a short sale negotiation company that works directly with both homeowners and Agents....

As people look into pre-foreclosure options, many people ask if they are a good candidate for a short sale. I have provided some basic guidlines that may qualify you as a good short sale candidate. Ultimately, the final approval of the short sale will come from the investor / lender. You may fall...

I know a few people have been asking for the nuts and bolts of the new CFPA. I have taken snippets from a couple different resources and have included them below for your convenience. Hope this helps! The California Foreclosure Prevention Act was enacted by the state Legislature, and signed by Go...

For those of you doing "Short Sales" in your marketplace...Here is a Checklist of documents to send in to the lenders! I"m sure everybody knows this by now....a quick refresher should do!    □ Authorization to Release Information for all loans signed by borrowers □ All letters you have received f...

One of the most common questions we get when working with homeowners is "What are the advantages of a Short Sale." For today's purposes, I just want to point out two main reasons, among the many advantages of considering a Short Sale instead of letting the property go into Foreclosure. Advantage ...

In my experience with many San Diego Agents and Homeowner's, many are skeptical if short sales even work. I don't blame them. There are a very small percentage of companies in San Diego that are successfully closing short sales. Fortunately, we are one of the companies that ARE doing them correct...

What is a short sale? The term short sale is prevalent in today's market. However, it seems that many are still inexperienced as to what a short sale really entails. For educational purposes, we have included a brief definition of a Short Sale --- A "Short Sale" is a sale of real property in whic...

FREE REPORT: "5 WAYS TO STOP FORECLOSURE IN 48 HOURS OR LESS..." By: PRESTIGE REAL ESTATE SERVICES Our Help for Homeowners Program is a systematic approach designed to help homeowners who are experiencing real estate related problems that have become emotionally and financially draining. Whether ...