boulder creek short sale: Major news in the Santa CRuz County short sale and housing industry
- 04/04/12 08:01 AM
Major news in the short sale and housing industry! On Friday, March 9, the Obama Administration announced updates to the Home Affordable Foreclosure Alternative (HAFA) program. Created in 2009, HAFA is a government-sponsored initiative assisting all Home Affordable Modification Program (HAMP) eligible homeowners in avoiding foreclosure through short sales and deed-in-lieus. The HAFA updates will go into effect on June 1, 2012, and will allow more distressed homeowners to seek assistance. Most importantly, the deadline for submitting for HAFA eligibility will be extended a full year, from December 31, 2012, to December 31, 2013. Other major changes from March's … (0 comments)
boulder creek short sale: Forecast for future of Short Sales
- 08/17/11 01:20 PM
Short sales will remain strong for the next several years as foreclosure inventories timelines grow even longer, according to the chief operating officer of Equator, a software platform for default servicers. “Short sales will be very prominent over the next 2-3 years as foreclosure inventories increase and remain somewhat stagnant. The elongated foreclosure timelines coupled with improved processes and technology will lead to more short sales closing,” says John Vella, COO of Equator. Equator reports some 775,000 real estate agents handling an average of 250,000 transactions per day access its platform. Last week LPS reported the median foreclosure timeline now is … (0 comments)
boulder creek short sale: I just got another call from a Seller who is going to fire his agent.
- 05/09/11 12:42 PM
MOST Common Complaint about Short Sale Agent The most common complaint brokers are getting these days is that the short sale agent is non-responsive or that the process is going too slowly for the sellers. The best way to prevent this type of complaint is to manage your client's expectations from the beginning of your relationship-especially when working on a short sale.
Explain to the client that the timeline for a short sale transaction is much longer than for a "typical" transaction. Inform the client that banks may sit on offers for weeks or months without explanation. Expect nothing … (2 comments)
boulder creek short sale: Short Sale Closed in Boulder Creek, CA
- 05/09/11 12:18 PM
PROOF I closed another Short Sale in Boulder Creek, CA California Think foreclosure is your only option. . . think again! I negotiated the Short Sale and eliminated there mortgages. I saved their credit from foreclosure and gave them a fresh start. Absolutely FREE http://www.SantaCruzCountyShortSales.comRESULTS SPEAK BETTER than hype Every Short Sale file I have worked on has closed. That is why other agents hire me to do their short sales. I get right to the heart of the situation for my Short Sale clients. I assess their financial hardships, assess how many lenders there are, and who those lenders are, deal directly with the investor(s) … (0 comments)
boulder creek short sale: I closed a Boulder Creek Short Sale and got a Wells Fargo Approval
- 02/13/11 10:20 AM
Think foreclosure is your only option . . . think again! I listed this Boulder Creek home and negotiated the a Short Sale and eliminated the Wells Fargo mortgage. I saved their credit from foreclosure and gave them a fresh start. Absolutely FREE RESULTS SPEAK BETTER than hype Every Short Sale file I have taken on has closed. That is why other agents hire me to do their short sales. I get right to the heart of the situation for my Short Sale clients. I assess their financial hardships, assess how many lenders there are, and who those lenders are, deal directly with the … (3 comments)
boulder creek short sale: How to Evict a Tenant in Santa Cruz County?
- 09/05/10 05:54 AM
A Landlord, who has a tenant, who hasn't paid her for more than a year and the BofA bank has issued a Notice of Default. Landlord is related to tenant. She is now in foreclosure on that home, and facing foreclosure on her primary residence. BofA services both loans and demands that Landlord remove tenant immediately and start a Short-Sale on that home before they will consider a Loan Modification on her primary home. Here is a quick overview of how it works and the 3 people that provided the services. If you are a Californian resident and wish to evict … (2 comments)
boulder creek short sale: Short Sales are on the rise, are you working with an expert?
- 09/04/10 04:41 AM
Currently when you look at the entire Santa Cruz County you will observe that 42% of the listings are Short Sales. The numbers are rising and I don't see it getting better. It serves you to hire an agent that is a skilled short sale expert. NOT an agent that is a glorified Front Man. God love'em they are better skilled with that side of it than I am. Most agents around here are hiring 3rd party negotiators, LIKE ME . . . because the learning curve to figure out how it all works is too too complicated, fustrating and time consuming. I am the person behind … (0 comments)
boulder creek short sale: I will tell you how to STOP Short-Sale banks collections calls today for FREE
- 08/14/10 04:23 PM
Santa Cruz County Short-Sale Specialist Patti Lyles, is going to help a distressed borrower stop those harassing collections phone calls for FREE. In fact, the borrower never pays me anything. Seller is not obligated to pay Patti Lyles in advance for the negotiation of Seller's Short-Sale payoff(s). Patti Lyles will seek compensation from the mortgage and/or lien holder(s) from the proceeds of the short sale. She will not claim, demand, charge, collect or receive any compensation until after Patti Lyles has fully performed in an effort to effectuate the short sale of the Sellers Property. Compensation is approved by the mortgage … (6 comments)
boulder creek short sale: Santa Cruz County Foreclosures are not getting better, they are just taking longer!
- 08/04/10 02:28 PM
Santa Cruz County Foreclosures are not getting better, they are just taking longer! President Barack Obama's signature plan to combat the housing crisis has fallen short of its goals -- rather than significantly and permanently reducing home foreclosures, it is only delaying them. The administration unveiled its Making Home Affordable plan in February 2009. Obama vowed this program, would "enable as many as three to four million homeowners to modify the terms of their mortgages to avoid foreclosure." What was designed to induce lenders, servicers and investors to modify distressed mortgages through a series of cash incentives....is not working? Very few … (1 comments)
Major news in the short sale and housing industry! On Friday, March 9, the Obama Administration announced updates to the Home Affordable Foreclosure Alternative (HAFA) program. Created in 2009, HAFA is a government-sponsored initiative assisting all Home Affordable Modification Program (HAMP) eligible homeowners in avoiding foreclosure through short sales and deed-in-lieus. 
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