San Diego short sale expert Gary Kent<\/a> 858-457-5368 explains why the process of a short sale is better than simply mailing the keys back to the bank and walking away from your San Diego home. Also known as \u201cjingle mail\u201d (you avoid a bank short sale by mailing the keys to the bank).<\/p>\n Some San Diego home<\/a> owners have also asked about doing what is called a \u201cdeed in lieu\u201d meaning a deed in lieu of foreclosure. So if you are considering a short sale vs. foreclosure this is an important video to watch. While Gary Kent is a short sale expert, he is not a Short Sale attorney. Only a San Diego short sale attorney can advise you if you should see if the bank will take a deed in lieu vs. foreclosure on your San Diego home.<\/p>\n Another option is to do a short sale vs. foreclosure<\/a> or even vs. a deed in lieu on your San Diego home. Most banks do not want to own your house and will work with you on selling it so that they can avoid the cost of the foreclosure. Before you can do a \u201cdeed in lieu\u201d on your San Diego home, the bank has to agree to it. The main reason this might not work is if there are junior liens or loans on your home that the bank does not want to inherit them.<\/p>\n For a deed in lieu to be valid, the bank has to agree to it. Bank short sales are often the better option. There are now many benefits to doing a bank short sale. To find out if you owe more than your home is worth, please go to www.ShortOrStaySanDiego.com<\/a> . <\/p>\n