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las vegas short sale: Short Sale Proposal Packet for Listings - 11/26/07 04:31 PM
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Agents & Consumers:
Short Sale Proposal Packet ChecklistInclude the loan number on the header of every page in the proposal checklist. Title page Executive summary that highlights the financial benefits to the lender for accepting the short sale Table of contents Written authorization from the homeowner for the Realtor to speak on his or her behalf Lender’s short sale application Listing agreement Buyer’s contract Estimated HUD-1 Information about any other liens on the home Short sale disclosure signed by the seller and the buyer Hardship letter. Note: The hardship letter must be written by the homeowner Supporting … (5 comments)
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las vegas short sale: Seller Short Sale Checklist - 11/26/07 04:23 PM
Short Sale Checklist – Information GatheringCompile the following information to create a short sale proposal packet. Homeowner: Keep all originals for your files. You may come to my office to make copies otherwise please compile all necessary info and mail me copies. Use this guide as your checklist. Remember, time is of the essence. Financial Information Three most recent bank statements for all checking accounts for all borrowers Three most recent bank statements for all savings accounts for all borrowers W2s from the past two years for all borrowers Income tax returns from the past two years for all borrowers Past … (7 comments)
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las vegas short sale: Buyers and Short Sales - 11/26/07 04:13 PM
For buyers thinking about putting offers on a "short sale" property here are some tips to help make the process smooth. Here is a sample of a letter that I give my buyers when submitting an offer on a short sale.
Now that we’re working together, I thought it would help if I detail exactly how we can make the most of our collaboration. My goal in all this is to find the property in your price range that best fits your needs and wants. Initially, there will be considerable time and energy invested up front on my part to … (1 comments)
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las vegas short sale: Saving Seller's from foreclosure while growing your business. - 10/15/07 03:23 PM
Short Sales: help clients weather the downturn Saving sellers from foreclosure while growing your business
Prices are dropping and more and more homeowners whose mortgages are adjusting to higher interest rates can't keep up.
This is becoming extremely common in today's market due to the incredible amount of 100 percent financing that took place over the past few years. According to the Center for Responsible Lending, one in five sub-prime loans issued between 2005 and 2006 will result in foreclosure.
As a real estate expert, you are in a position to help clients avoid foreclosure by facilitating a short … (2 comments)
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las vegas short sale: Short Sales - 10/08/07 09:34 PM
There are many ways to lose a home but signing away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One of those options is called a short sale. When lenders agree to do a short sale in real estate, it means the lender is accepting less than the total amount due. Not all lenders will accept short sales or discounted payoffs, especially if it would make more financial … (5 comments)
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las vegas short sale: Exclusive Buyer List for Foreclosures & Short Sales - 10/08/07 09:26 PM
Las Vegas,as many parts of the country, is experiencing a huge short sale and foreclosure market. I have extensive lists of short sale "pre-foreclosure" property, foreclosure commenced property and REO's. Now is the time to buy~Everything is "ON SALE" right now. If you or your client would like to be added to my "Preferred Buyer's List" please contact me with your name, email, & phone number. All investor levels welcome from experienced to first time. Let me assist you in the process as there are some amazing deals to be had. I look forward to working with you soon!
Christin Griffin, ChristinGriffin@kw.com, … (0 comments)
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Christin Griffin, Short Sale Queen
Las Vegas,
NV
More about me…
Realty ONE Group
Address: 2831 St Rose Parkway , Ste 100, Henderson, NV, 89052
Office Phone: (702) 898-7575
Cell Phone: (702) 353-5161
Email Me
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