Want the news summarized?
Subscribe to The Morning Report.

If you get a chance to catch tonight’s 6 p.m. news from our media partners at NBC 7/39, stay tuned for an edition of San Diego Explained that will focus on short sales.

Short sales happen when a bank approves the homeowners’ request to sell a house for less than is owed on the mortgage, and forgives the rest of the debt.

Here’s my recent primer on their perks and pitfalls.

And a familiar face in Survival, San Diego State University real estate professor and investor Leonard Baron has some tips for avoiding a nasty surprise if you’re trying to buy a short sale. Leonard and I chatted through many of these tips and came up with this collection.

We’ll post the clip from NBC soon. In the meantime, tune in if you can.

— KELLY BENNETT

Leave a comment

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.