San Diego Real Estate Short Sales in San Diego County. We update this list every day. The list is sorted in alphabetical order by city. Our website features updated listings of short sales and bank owned homes for sale in San Diego. .
We hope these listings will help you with your real estate search. If you have any questions about purchasing bank owned homes or short sales please feel free to call or email us. You can also view our foreclosure section to answer some of your questions. We are experts at helping our clients purchase short sales or bank owned property. Please take advantage of our experience and call us today to answer any of your questions.
Short Sales in San Diego
SHORT SALES BY CITY
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What is the difference between bank owned and a short sale?Bank owned is already owned by the bank. It has ZERO liens recorded against the property. The bank wants to sell this home as soon as possible. They do not want to keep the real estate in their portfolio any longer then they have to.
A short sale is sold at a sales price that is less then the amount owned against the property. Because the payoff is short of the mortgage balance, the bank is taking a loss.
Buying a short sale can take longer then buying a bank owned property because the bank has to approve the short sale which requires the seller to get approved for a short sale much like they had to originally get approved for the purchase loan and show that they could afford to make the payments, now they must show the bank they have no way of continuing to make their mortgage payment.
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Carlos M. Aguilar
Axia Real Estate Group, Inc.
1450 Frazee Rd. Suite 210
San Diego, CA 92108
carlos [at] teamaguilar.com
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