short sales: Most Cooperative Lenders - Loan Mod and Short Sales - 10/26/09 08:40 PM
Friends,
When it comes to loan mods, it is critical to know which lenders are most cooperative. Below is the list of most cooperative lenders for loan mods. This lenders are also more helpful with short sales.
If you are in the Portland Metro Area contact me at info@nwlossmit.com or 971-222-3734. I can help you with your loan modification and short sale needs.
MOST COOPERATIVE LENDERS:· Bank of America/Country Wide*· CHASE/WAMU/EMC· Aurora· Wells Fargo· SLS**· GMAC/Home Comings· Wachovia· Litton· National City Mortgage· Saxon Mortgage Services· Select Portfolio Services*Will not modify loans on investments regardless if they are occupied.**Very cooperative with modifying … (1 comments)
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short sales: Best Deals In Portland Area Bank Owned Foreclosures - 10/10/09 07:41 PM
Right now the inventory of distressed properties in the Portland area is huge. If you want to get a good deal, right now is a good moment. The reason is simple: Great Prices and Fantastic Interest Rates. If you area in Portland or Vancouver, looking for a great deal call me at 971-222-3734. I can definetely help you. You can also reach me at info@arecllc.com. My web site is www.OscarPDX.com
Getting Great Deals in Short Sales and Bank Owned (REO) Properties
A Good Deal is a Good Deal: Just because a property is in a short sale or is a bank owned foreclosure, it does not mean … (1 comments)
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short sales: Documents Needed for a Short Sale - 10/10/09 06:37 PM
A short sale is a transaction in which a homeowner sells a property for less than what is owed, the lender takes a loss, and any unpaid balance is forgiven. For this to happen, a set of documents is needed.
Main Documents:
Purchase and sale agreement. This is the accepted offer. This document is evidence that, under a certain set of conditions, the owner is willing to transfer ownership of the property to the buyer. Of this set of conditions, purchase price and possession date are the main focus. The purchase and sale agreement needs to be well-executed. To be legally … (0 comments)
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short sales: Trustee Sales A-Z Online Video Course - 09/20/09 09:51 PM
Successfully Buy At Foreclosure Sales
Foreclosure Sales Are Abundant. Be There To Buy At Great Discount.
Easy to Understand Highly graphical video presentation Detailed yet entertaining Focused on results Become a foreclosure sales expert right away Fun learning On Sale $49
$75 Regular
View Course
Learn Exactly How To Buy Properties At No-Judicial Foreclosure SalesAll you must know to profit through buying at foreclosure sales. The perfect complement to Short Sales A-Z.
Includes:
Time proven strategies to acquire profitable properties at foreclosure sales. Clear explanation of foreclosure sale types, lingo and protocols. How to mitigate risks through title analysis. … (0 comments)
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short sales: Short Sales A-Z Online Video Course - 09/20/09 09:38 PM
Short Sales Are Here To Stay. Profit From The Largest Real Estate Market Segment For Years
Easy to Understand Highly graphical video presentation Detailed yet entertaining Focused on results Become a short sales expert right away Fun learning
View Course
Includes:
Specific strategies to maximize re-sale profits and get maximum commissions. Keys to select winners and set aside time wasters. Thorough coverage of all aspects of short transactions from beginning to end. Detailed document analysis and understanding. Precise paperwork recommendations. How to manage investor's risk. Ways to minimize agent liabilities. HUD-1 Tutorial (5) Hours of concisely presented knowledge. … (0 comments)
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short sales: Best Real Estate Agent Short Sale Listing Package - 08/31/09 10:50 PM
Description:
Save tons of time. All the documents you need to effectively take a short sale listing. All documents are in editable format (except for the IRS tax forms). Formatted with header and footer for easily own letterhead and branding. These are tried and true documents effective for short sale listing. No need to re-invent the wheel. Use these documents as they are, then further customize them to your liking. Includes a sample complete short sale listing package and sample completed listing agreement.
How to Use:
Add your letterhead info to each editable document Where needed, add your information to … (1 comments)
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short sales: High End Property Short Sale Processing - 07/24/09 08:18 PM
Are you dealing with an over mortgaged high end property?
Call me. I will do the short sale for you. I have been doing short sales since 2004. I find them a fun business, but I know it is not for everybody. I am a realtor in Portland, and have very good experience flipping short sales. I can get the thing started right away.
When it comes to high end property short sales, generally speaking the process is the same as with the regular properties. What is different is that the values are much higher and sometimes worth suing for. That … (0 comments)
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short sales: Last Foreclosure Stop Webinar - 07/16/09 07:04 PM
Course Objectives:
Learn exactly how to stop foreclosures at the last minute Make very well by doing it
Includes:
Step by step description of the process Exact logistics of the process How to game the system Taking advantage of legal rights Avoiding legal traps Obtaining clients Selecting clients How much to charge Questions and answer
Date:
Wednesday July 29th 3:00pm to 4:30pm
Price:
$80 until July 18th $100 until July 20th $120 until July 24th $150 until July 27th $170 after July 27th Sign Up Now
More Information
Earn great by stopping foreclosures at the … (3 comments)
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short sales: Rentals Properties in Foreclosure - What to do about the renters. Short sale? - 04/09/09 04:52 PM
B:I am glad to hear from you. I can help you very well.You will be a lot better off with short sales than with foreclosures. Any second mortgages resulting from refinance or on non-primary residences will continue to be a liability to you after foreclosure. That is because they are considered non-purchase money. Here is an article I wrote about the subject. If your rentals are occupied, keep you renters in if they are still paying for the rent. The rentals are more valuable with paying renters.As you may know, I am also an agent and would be glad to represent … (0 comments)
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short sales: Client Short Sale Listing Agreement Questions and Answers - 03/10/09 11:33 AM
K:I was busy while you called. Below are my answers in red.OscarAt 08:54 AM 3/10/2009, you wrote:
Hi Oscar, I see you received my email last night. Thanks for your patience with this process. There are a few things I've been told that should be part of the documentation which I don't see here. Question: 1. There should be a short sale addendum that explains that in a short sale, it's not under contract unless the 3rd party accepts the short sale agreement. The offer and negotiations are not under contract until the third party accepts and that both the buyer and seller … (1 comments)
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short sales: Short Sales A-Z Video Course Content - 02/14/09 11:03 PM
Short Sales A-Z Online Video Course Content (edit/delete)
www.BestShortSales.com
Chapter 1Introduction
In this chapter expert Oscar Morante explains what is needed succeed in short sales. An specific mindset, body of knowedge and business premise are needed to succeed in this business.
Objective:
Introduction to short sales Outline:
Short sales premise Competence in short sales Benefits of short sale education Time:
04:45 minutes
Chapter 2Foreclosure Situation
This chapter analyzes the long term implications of foreclosure for both the homeowner and creditor. The short sale alternative vastly mitigates or resolves this issues. It is in providing a solution were the business … (1 comments)
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short sales: Documents Needed for Loan Modifications - 12/11/08 01:39 PM
Download List
A - Most recent mortgage statements
B - Client Hardship Documentation:
•1. Client hardship letter
•2. Applicable hardship documentation such as medical bills, divorce decree, death certificate, unemployment, documentation with date of termination, etc.
•3. Change of employment or decrease of income information (if applicable)
•4. Other hardship information as may be applicable
C - Client Financial Documentation:
•1. Completed financial statements
•2. Client monthly budget worksheets
•3. Employed individuals
•a. Copies of two months payroll receipts or stubs (if applicable)
•b. Copies of two months of the most recent bank statements for all accounts
•4. Self-employed … (0 comments)
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short sales: Mother in Law Not Vacating Property - Short Sale Q & A - 12/09/08 11:20 AM
Yvette:Thanks again for considering me for your short sale needs. If your mother in law does not want to leave, you will need to talk to an attorney versed on landlord - tenant law. If there are no written contracts the process may take long and become expensive. It would be better if your husband negotiates a good will agreement. I would not corner your mother in law because now she is in survival mode. If you are in Oregon or Washington I can help you better.Look at my web site www.oscarpdx.com. There is a good bit of information there. One … (1 comments)
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short sales: No Risk - FAST - 24 Hour Loan Modification - No Upfront Payment - Pay Only Based on Results - 12/09/08 02:49 AM
FAST - 24 Hour Loan Modification - No Upfront Payment - Pay Only Based on Results
Loan Modification Done Quickly
www.PortlandForeclosureHelp.com
Do you need a loan modification done quickly?
Call me at 971-222-3734
24 Hour Loan Modifications
No Up Front Fee Results in 24 to 60 hours You see the results first Then you decide if you want the mod Then you pay Typical Situation
Regular channel, through the bank's customer service department take for ever. If you have tried it, you know that this takes at least several months. Sometimes over a year. Not only that, if the property is in foreclosure, chances are … (5 comments)
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short sales: Loan Modification For Homeowners and Landlords - 12/09/08 02:28 AM
Do You Still Want to Keep Your Property?
I Can Help You Lower Your Payments
Call me at 971-222-3435
Your house is not just a property. It is your home, your most prized and necessary possession. It is always worthwhile the do as much as possible to preserve this important resource. If you want to keep your property, you should consider loan modification as a possible option.
What is a loan modification?
It is a re-structuring of the current loan such that the property owner can continue making payments because of mortgage payment reduction.
Property owner Benefits
Reduced monthly payments Credit … (1 comments)
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short sales: Do You Need to Sell a Property? Let Me List Your Property - 12/01/08 09:37 PM
I am licensed in Oregon and Washington and can help you in these counties:
Clark Skamania Multnomah Washington Clackamas Hood River Why List Your Property With Me?
You should list your property with me because I will help you get the most value out of your property. This is what I bring to the table:
Great service. The attitude that I am in business to provide help and solutions. Excellent Marketing. I proactively market properties. Smooth Transactions. Win-win mentality that ensures the buyer will continue interested and happy about the property all the way to closing (and beyond). Solution-Oriented Approach. I … (0 comments)
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short sales: Why Should You Work With Me? - 11/27/08 02:32 AM
I always do win-win transactions I understand and keep up with the Portland Metro area market conditions I am 100% committed to do the my best in every transaction I am up front and tell the truth, from the beginning, all the time If you are looking for short sale help you found an expert. I have published dozens of articles and I am the author of Short Sales A-Z Online, a very successful Short Sales Course popular with agent, investors, mortgage brokers and attorneys I have an excellent network of professionals that, through me, will be ready to … (1 comments)
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short sales: Short Sale Outcomes - 11/25/08 01:42 AM
Short Payoff Outcomes
(Download Article)
This is critical information. If you are about to be engaged in a short sale transaction you MUST understand this important fact: Short sales are type of short payoff outcome.
The term short sale is loosely used to refer to any negotiation in which a secured creditor accepts as payment less than what is owed. The terms of this acceptance have distinctive debt relief, collection and tax implications. This brief article explains this critical subject.
Note: For precision, in this article professional level terminology is used.
The property owner will be referred to as the debtor Banks … (1 comments)
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short sales: How do I Know if a Short Sale is Right for Me? - 11/21/08 12:17 PM
Should I Short Sale?
(Download Article)
A short sale is a transaction in which the homeowner sells a property for less than what is owed. The lenders voluntarily take a loss, and forgive the unpaid portion of the debt. Shortsales only take place when the value of the property is less than what is owed to the lender, and the owner is insolvent. A property worth less than what is owed is "over-mortgaged".
A short sale is right when an insolvent homeowner in default owes more to a lender than what the property is worth. The homeowner has … (0 comments)
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short sales: What is a Short Sale - 11/21/08 12:06 PM
What is a Short Sale
(Download Article)
A real estate short sale is the sale of a property for less than what is owed on it. The lenders voluntarily accept less than full payment and forgive the unpaid balance.This happens when a property is worth less than what is owed, the owner is insolvent, and can't make up the difference. In the sale of the property, a lender is paid off with a dollar value short of what it is owed, thus the term short sale. This article briefly explains why this happens and why they are so common.
The root … (1 comments)
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