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gardnerville short sales: Short Sales And Cash Buyers - 01/08/12 10:52 AM
Short Sales And Cash Buyers Cash is King and Cash Buyers are often treated like Royalty.  There is great buying power when shopping for real estate with cash, but does it apply in a Short Sale situation?  The process takes significant time and most Cash Buyers use short time and their ability to close quickly to negotiate a good price.  With that gambit taken off the table by the time constraints of a Short Sale does the Cash Buyer get the benefit of their cash position that they are seeking? The benefits of cash are not lost on lenders reviewing a … (0 comments)

gardnerville short sales: Short Sale Approved! 1304 Chichester Drive Gardnerville, Nevada 89410 - 09/30/11 08:36 PM
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gardnerville short sales: 1339 Victoria Drive Gardnerville, Nevada - L@@K At This Just Listed Beauty! Must See Ranchos Home! - 06/28/11 06:32 PM
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gardnerville short sales: 1417 Mary Jo Gardnerville, Nevada 89460 - Gardnerville Ranchos - 05/20/11 09:54 AM
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gardnerville short sales: You Really Don't Have To Be A Jerk! More Tales From the Trenches! - 04/26/11 10:50 AM
You Really Don't Have To Be A Jerk  ...  More Tales from the Trenches!
You don't have to be a jerk to advocate your position.  Whether a Seller, Buyer, or agent, you will be involved in negotiation along the way to accomplishing your real estate objectives.  Some seem to think that they must be rudely aggressive, or aloof in their demanding communication efforts to negotiate effectively.  Communication is essential to negotiation and achieving the desired objective.  Rarely is rude or challenging behavior rewarded in our society. 
It is natural that when one party is selling and another buying the goals are … (6 comments)

gardnerville short sales: Northern Nevada Short Sales and the New Short Sale Rules - 01/12/11 02:39 PM
Northern Nevada Short Sales and the New Short Sale Rules 
New Short Sale guidelines were just released for the Homes Made Affordable, HAFA, program.  They take effect on February 1st, and loan servicers have been encouraged to implement them as soon as possible.  The HAFA program was originally instituted to help expedite the Short Sale process, but the results have been abysmal.  The new changes are intended to change those results. 
The new guidelines are quite varied, each addressing a weakness in the system.  Interestingly, the Loan Servicers are no longer required to verify a borrower's financial information to determine if … (0 comments)

gardnerville short sales: Choosing An Agent in Northern Nevada ... Ask A Lot Of Questions - 04/20/10 12:24 PM
Choosing An Agent in Northern Nevada ... Ask A Lot Of Questions 
Whether selling or buying real estate in Northern Nevada, you'll undoubtedly find the services of a Professional Real Estate Agent invaluable.  There's a reason the most savvy and successful investors always use good Agents.  Good Agents not only get the job done, they keep you safe along the way.  The art is to find a good professional Agent. 
The biggest ad, the biggest claims, or being the biggest pest does not the best Agent make.  Ads cost money, but many agents use them to simply "buy" business.  They look … (0 comments)

gardnerville short sales: Buyer Backed Out! Have Negotiator ... Short Sale Ready To Go! A Great First time Buyer Home! 936 Opalite Drive Gardnerville, Nevada - Affordable First Time Home In Indian Hills - 01/13/10 10:20 PM
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gardnerville short sales: Do Not Let Your Northern Nevada Home Go To Foreclosure Without Taking Every Step To Prevent It. - 12/28/09 03:55 PM
Do Not Let Your Northern Nevada Home Go To Foreclosure Without Taking Every Step To Prevent It.  
If you owe more than your Nevada Home than it is worth, you have as a Distressed Property.  Until recently, working with Distressed Properties was fraught with peril for agents, and owners were often told to "let it go", ie.- stop making payments and let the lender foreclose.  We'll spare you the horrific Short Sale experiences as well as our speculation as to why the lending industry was so slow to adapt to the need to cooperate with home owners and their agents.  Times … (4 comments)

gardnerville short sales: Sold and Closed ~ Short Sale Sold and Closed! Another Seller Saving Their Financial Future! - 09/14/09 10:18 PM
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gardnerville short sales: How To Buy A Short Sale Home and Still Keep Your 1st Time Home Buyer Credit! - 08/23/09 09:46 PM
How To Buy A Short Sale Home and Still Keep Your 1st Time Home Buyer Credit!
I recently sold a home ... on a short sale ... to a "First Time" Buyer Couple!  This couple wanted to qualify for the First Time Buyer Credit and they wanted to get the "Good Deal" Of A short Sale! 
I posted a blog about this a couple days ago ...   Why Would a Agent "NOT" Want To Share Financial Information On Her Short Sale Listing?  
How?  Make sure that you are the 2nd Buyer to submit a An Offer!
We looked at … (1 comments)

gardnerville short sales: Short Sale Update ... Are They Working ... Worth It? - 06/09/09 09:38 PM
The Short Sale has gone from something that few practitioners had ever heard of to a commonly used real estate term.  When they first became popular they were nearly impossible to implement.  Lenders were so hard to work with that most Short Sale efforts were for naught.  Things have changed considerably to a point where they are feasible though not for the faint of heart. 
The Seller must provide substantial information to prove need including a Hardship Letter, Financial Statement, bank statements, paycheck stubs, tax returns, etc.  The Lender wants to know what changed the borrower's repayment ability, and if there … (3 comments)

 
Lisa Wetzel and Jim Valentine have been selling real estate in Northern Nevada over 33 years. They work at RE/MAX Realty Affiliates in Gardnerville, Nevada. All blog entries are based on their combined experience working daily as top producing real estate agents in their market. Feel free to post your questions or comments.


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