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preforeclosure: What short sale buyers and sellers need to know - 11/26/07 05:24 PM
This is a disclosure I have all my buyers of short sales sign.

Short Sale DisclosureProperty Address:         In a short sale the seller’s lender agrees to accept less than what is owed on the loan for a property. As such, it requires the lender’s approval. Please note that the property will continue to be on the market until the lender accepts an offer.The following is a partial list of potential situations that could affect a short sale: 1.    After the lender receives the short sale packet, the lender will require at least 30 days to approve the short sale. After … (4 comments)

preforeclosure: Short Sale Authorization - 11/26/07 05:01 PM
 
Authorization to Release Information should include:
 I hereby fully authorize you to release  _______________________________________  any and all information they may require for the purpose of determining or completing a credit transaction, loan balance, inquiry, transfer, payoff, purchase or sale of property, including tax return an bank information.  This document may be reproduced in order to acquire said information from additional sources.
Lender/Agency:_______________________________________________________________________
Property Address:_____________________________________________________________________
Loan Number:________________________________________________________________________
Thank you,
Signature:_____________________________    Social Security #:________________   Date:_________________________ 
Print Name: ___________________________
Signature:_____________________________     Social Security #:________________   Date:_________________________
Print Name: ___________________________
(Notarized Properly by a Notary Republic in your area:) 
Hope this helps.  Agents, this is the document that allows you to discuss confidential information regarding … (1 comments)

preforeclosure: 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)

preforeclosure: 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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Christin Griffin, Short Sale Queen

Las Vegas, NV

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Realty ONE Group

Address: 2831 St Rose Parkway , Ste 100, Henderson, NV, 89052

Office Phone: (702) 898-7575

Cell Phone: (702) 353-5161

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