How to Qualify


The loans on the San Diego North County homes are usually in default or near default.

Seller has no other large assets available to sell to pay the lender.     The seller is going through some “short sale – financial hardships reasons”

Gary Harmon, your San Diego North County home Realtor, is a certified “Short Sale Specialist.”

The following is a list of short sale financial hardship reasons you may have for not being able to make your payments on your San Diego North County home.  There are many other reasons not listed.

  • You or you spouse lost you job
  • You or your spouse may have had a large reduction in pay
  • You may have had your hours cut at your job
  • Divorce of a spouce
  • Relocation because of job to another area that is more than 50 miles away
  • Illness or medical hardship
  • Death of spouse or significant other
  • Interest only loan that is adjusting up
  • Just too much overall debt
  • Mortgage payment increase of one or more loans
  • Your business failed
  • Physical damage to your North County property
  • Military Service
  • Incarceration
Your San Diego North County homes realtor will help you prepare a “hardship” letter to help you explain to your lender why you will not be able to make your loan payments.   Your North County Realtor will help advise on the letter, but the letter must come from you.
Get a summary of  “Short Sale Basics.”   Find, “What are the Advantages of a Short Sale.”  And see “Short Sale Supporting Documentation” a lender may need.