The Approval Experts | San Diego Real Estate | Short Sales

You’ve heard the term loan modification in San Diego, but most of you know the truth behind a loan modification in San Diego. Very few banks are willing to negotiate on both interest rates and principal reductions for the mere reason that the national unemployment rate is still hovering around 10%. This along with the high percentage of homes with negative equity indicates to bankers that a short sale or foreclosure may be the only way to recoup assets. Chase, Bank of America, Wells Fargo and Wachovia are just a few of the bigger banks that are working with clients on loan modifications in San Diego.

The government recently launched a new program called HAFA to help push the loan modification process as many homeowners still carry very dangerous loans such as option arms and interest only loans. Currently these loans are manageable for many owners regardless of their equity position, but if rates changes (and they will) this could spell trouble for those that need to modify their existing loans.

This leads us back to the root of the problem, which is whether a loan modification in San Diego is an effective solution for you. We suggest you speak with an attorney to help guide you through the process. Here at The Approval Experts we can also help you understand other options such as a short sale in San Diego, which can help steer you away from the foreclosure process. A loan modification in San Diego is always an option and we believe it’s the first step in avoiding a possible foreclosure, but we know how the banks feel about these and that’s why we believe a short sale can be excellent alternative.

The Approval Experts is located at 2121 Newcastle Ave. Suite F in Cardiff, CA. The majority of our clients are located in North County San Diego, but we currently have transactions throughout San Diego County. When exploring your options and looking for a group of Realtors experienced in handling short sale transactions be sure to call The Approval Experts at 858-345-3825. Jeran Fraser and his team can help give you a better understanding of a loan modification in San Diego, foreclosures and short sales. We are the distressed property experts.

The cat is officially out of the bag when it comes to saving you the headache of dealing with a foreclosure and how to avoid foreclosure altogether. The question remains how do homeowners find the appropriate professionals to help with that process to avoid foreclosure.

At The Approval Experts our entire staff has been trained on giving professional advice to help owners. We believe that the only way to avoid foreclosure is having the knowledge to understand your unique situation. You may not know this but many people today still have problems understanding how a short sale works and how it can really help you avoid foreclosure.

Our offices has been involved in over 400 short sale transactions and we believe we can help almost any homeowner avoid foreclosure. It’s up to you to take the first step in understanding your particular situation. We have professionals standing by ready to help you. If you are looking to reduce your liability and avoid foreclosure we recommend taking the time to sit down with one of us at The Approval Experts.

We always recommend speaking to an attorney to give you legal guidance. If you are looking for a local

You may not know this but choosing the correct real estate team to negotiate the sale of your home is crucial if you plan is to avoid foreclosure. Many Realtors and agents are unaware of how the process works and many can actually have a detrimental effect. In many cases uneducated agents that fail to understand the process will do their client a disservice by taking on the listing, as time is a valuable part of the short sale process.

We are conveniently located in Cardiff, CA, just south of Encinitas and north of Solana Beach. We specialize in North County San Diego with an emphasis in communities such as Rancho Santa Fe and San Elijo Hills, although we have worked on short sales throughout San Diego County and beyond. We are the distressed property professionals and we are here to help!

If your goal is to avoid foreclosure allow some of the most talented distressed property agents in San Diego help you. Feel free to call our office at 858-345-3825 or stop by and ask for Jeran Fraser or someone from his team to help you. Our address is 2121 Newcastle Ave. Suite F, Cardiff, CA 92007. You can’t miss our Trinity Homes and Investments sign above the door.