Fred Sed's Blog

Orange County Foreclosure Short Sales: Who owns the homes after a Short Sale & What happens to the property taxes?

Wed, 25 Nov 2009 17:58:24 -0600

Orange County Real Estate: Who owns the homes after a Short Sale & What happens to the property taxes?

A short sale is treated just like a conventional/traditional sale. The property is first placed on market for the public to see. Then the search begins for a qualified buyer and once that buyer has placed an offer to purchase the home and it is accepted the escrow is opened. Once the escrow process is underway, the necessary inspections are done, and the buyer's loan is preparing to fund and be complete. Once the escrow closes, the new buyers name is recorded as the new owner of the property and possession is transferred.

After the short sale is complete the new buyer becomes the owner of the property in question. At this time the previous owner moves on to a different property and there mortgage is paid off.

Short sales compare to traditional sales in many ways and property taxes are one of them. People always wonder what homeowners are supposed to do with their property taxes if they want to sell their home, short sale or traditional. If you have already paid your property taxes up to a certain date and your property sells and transfers possession before that date comes around, then you are in good shape.

In this scenario the seller or homeowner is only responsible for the taxes of the property until the very day they are the owners and have possession. From then on forward the responsibility transfers over to the buyer.

But if you are late on your property taxes and have not paid them, then we must know about this. Both in a short sale and traditional sale situation. In this case this would affect the short sale negotiation process so being informed on this matter is very important.

Today we have discussed who owns a home after a short sale is complete and what happens to property taxes with a short sale.

Orange County Short Sales : Can A Short Sale Save My Credit & Do I Qualify

Wed, 25 Nov 2009 17:57:48 -0600

Orange County Short Sales : Can A Short Sale Save My Credit & Do I Qualify

My last article I explained why a bank would want to do a short sale and would a short sale save your home. In today's article I will explain whether or not a short sale can save your credit, as well as what it takes to qualify for a short sale.

When I get asked if a short sale can save some ones credit, my answer is yes and my answer is no. Sounds confusing..... I will explain why. By the time a person has entered and completed the short sale process they have already missed a few mortgage payments and have had a N.O.D. (Notice Of Default) filed against them. With that said, those two items already damage your credit to a certain extent. But but but, if someone decides not to go through with a short sale or can't do one and the foreclosure process continues, then it would be far worse than a few missed payments.

A short sale and a foreclosure differ when it comes to a credit report in the following way: a short sale (once completed) will show that specific debt or trade line as PAID and will cancel anything that has to do with a foreclosure. A foreclosure, once process is complete and the homeowner is evicted, remains on a credit report for 7-10 years. Which means it will be very difficult for a foreclosed homeowner to acquire any sort of credit in the future. Whether it is a credit card, auto loan, or another mortgage, it will not be easy. A short sale can help avoid this and actually help make you credit better.

For a short sale to work and for the process to be a success the following basic qualifications need to be present:

*Property in foreclosure or default

*Personal financial hardship

*Little or no equity in the property

*At least 60 days until eviction date

If any of these items above are your current situation then a short sale could be possible for you.

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BEHIND ON YOUR MORTGAGE? || CALIFORNIA SHORT SALE REALTOR

Wed, 25 Nov 2009 17:57:00 -0600

I am behind on my mortgage payments, but not yet in foreclosure. Can I do a short sale?

Yes and this is happening with much greater regularity. Sometimes, these are actually the most attractive short sales for an buyer/investor and a lender because a lender can avoid ALL the costs of foreclosure with a short sale before foreclosure is filed.

In these case, it is more important to have a very good "hardship" story to explain to the lender why you are unable to make the payments.

My house needs a lot of repair; can you still do a short sale?

Yes, though it can make the process more difficult because the price must be substantially lower. The key is to be able to show the bank's appraiser all the work that needs to be done. Let us know if this is the case with your home.

IF YOU ARE HAVING TROUBLE WITH MAKING YOUR PAYMENTS OR ARE HAVING ANY FINANCIAL DIFFICULTIES A SHORT SALE MIGHT BE YOUR BEST OPTION.

CONTACT US TODAY TO SEE IF YOU CAN QUALIFY. OUR SERVICES ARE FREE AND EVERYTHING IS KEPT IN THE STRICTEST CONFIDENTIALITY.

CONTACT FRED SED AT 949-274-3733 OR EMAIL AT FREDSED@PGCOASTAL.COM

Options When Faced with Foreclosure from Your Orange County Short Sale Specialist Realtor

Wed, 25 Nov 2009 17:56:17 -0600

*What if my mortgage is an FHA...or HUD...or VA mortgage?

Short sales can still be done on all these types of mortgages though each one has different criteria. Just let us know what kind of mortgage you have and we will take that into account.

*What other options might I have at this point?

When faced with a foreclosure, some things you may be able to do are:

Sell your home through the normal channels
Bring your mortgage current by making the missed payments and paying the penalties
Refinance your mortgage with another lender
Modify your Loan
File for bankruptcy

If you can do any of the first 3, then you probably should! Those are usually the best solutions for a homeowner in foreclosure. However, if your situation is such that your house cannot be sold for the amount owed, and you have no money to bring the payments current, and you have no equity to qualify for a refinance, then you should consider a short sale before considering option #5.

Again, we encourage you to educate yourself as much as possible about your situation and seek advice from any attorney or CPA you have access to about your choices. We do caution you against paying for the advice of so-called "foreclosure work-out specialists" or other such advisers unless it is by personal recommendation.

Contact Fred Sed 949-274-3733 if you feel a short sale might be an option for you.

OC Short Sale Specialist Realtor - Qualifications for a Short Sale - Do I Qualify

Wed, 25 Nov 2009 17:54:53 -0600

* I am in foreclosure, is a short sale for me? Do I qualify for a short sale?

Each situation is different and must be evaluated individually. If you believe you fit the basic criteria of:

Property in foreclosure or default
Personal financial hardship
Little or no equity in the property
At least 60 days until eviction date
Unable to make the mortgage payments
Income is less that your expenses

e-mail us at FredSed@PGcoastal.com or call at 949-274-3733 if you have questions about your situation

*I am NOT in foreclosure and I have missed NO PAYMENTS, can a short sale work for me or do I qualify for a short sale?

The lender must be convinced that they will NOT BE REPAID without the short sale.

If you are not in foreclosure and you have not missed any payments, a short sale is likely and is possible. The key is to have a legitimate financial hardship that will keep you from making the payments. A short sale is not just an easy way out of a bad investment. If you are working and your house has just lost some value, that is just unfortunately a bad investment and you are responsible to pay the shortfall.

Short sales are when lenders agree to discount a mortgage for someone who has had legitimate

Short Sale Info from your Orange County Short Sale Specialist Realtor

Wed, 25 Nov 2009 17:53:55 -0600

* Will a short sale "save my house"?

In the sense that you will be able to continue to live in the house, unfortunately, the honest answer is no. A short sale is only done involving a legitimate sale of the home from the foreclosed owner to another unrelated party. Many of the cards and letters you have gotten have probably promised to save your house, however, this is very seldom possible. We would recommend that you NEVER sign away your deed to someone who promises to "save your house" from foreclosure. It is probably a scam.

* Will a short sale "save my credit"?

The short answer is yes and no, a short sale can save you from the worst credit disasters.

By defaulting on mortgage payments and having a foreclosure filed against your property, you have already done damage to your credit. Your credit score has declined and those negatives will stay on your credit report for some time. However, it will get much worse if you allow the foreclosure to continue and do not try to short sale the property.

Once a foreclosed property is sold at auction, your credit score is further reduced and when the foreclosure is completed via eviction and repossession of the home, your credit will be even further damaged. If you can complete the short sale BEFORE either of these takes place, then you can prevent that further damage to your credit. In addition, when the short sale is completed, it shows up on your credit as a "Paid" mortgage and a canceled foreclosure, which shows future creditors that you did take care of your obligations.

If your situation eventually winds up in bankruptcy, then that is the worst item that could appear on your credit report and it will remain there for years and cause numerous difficulties in getting future credit. A short sale can help avoid this, but the key is not to wait.

Contact Fred Sed 949-274-3733 if you want to see if you qualify for a Short Sale.

CALIFORNIA & ORANGE COUNTY SHORT SALES || ARE THE GUARANTEED TO WORK?

Wed, 25 Nov 2009 17:49:52 -0600

Are short sales guaranteed to work?

No. Even though short sales are increasing they are still fairly complex, as I have stated. All the criteria MUST be met for a bank to even consider a short sale. It is not easy to convince a bank that the market value of the home is lower than what they are owed. They do not like to take a loss on a loan.

Then the bank must be convinced to discount the mortgage enough to make it viable for a potential buyer.

In some cases, we do all the paperwork and wait several weeks only to be denied. Again, the homeowner continues to own and live in the house if he chooses.

If the lender does not approve the short sale, The Pahua Group has no rights at all to the property and no transaction occurs. The purchase agreement becomes void and the listing continues.

IF YOU ARE HAVING TROUBLE WITH MAKING YOUR PAYMENTS OR ARE HAVING ANY FINANCIAL DIFFICULTIES A SHORT SALE MIGHT BE YOUR BEST OPTION.

CONTACT US TODAY TO SEE IF YOU CAN QUALIFY. OUR SERVICES ARE FREE AND EVERYTHING IS KEPT IN THE STRICTEST CONFIDENTIALITY.

CONTACT FRED SED AT 949-274-3733 OR EMAIL AT FREDSED@PGCOASTAL.COM

HOW MUCH WILL A SHORT SALE COST ME....$0....ORANGE COUNTY SHORT SALE REALTOR

Wed, 25 Nov 2009 17:48:37 -0600

How much does it cost me for you to do a short sale on my house?

We DO NOT charge our clients to assist them in the short sale process. We get paid directly by the lender if we our successful in completing the short sale. OUR SERVICES ARE FREE FOR ALL HOMEOWNERS!

Is my house too cheap or too expensive to do a short sale?

Homes in any price range can be eligible for a short sale as long as the basic criteria are met.

*Having trouble making your payments
*Little or no equity in the property
*Personal financial hardship
*At Least 60+ days to a Foreclosure Auction

IF YOU ARE HAVING TROUBLE WITH MAKING YOUR PAYMENTS OR ARE HAVING ANY FINANCIAL DIFFICULTIES A SHORT SALE MIGHT BE YOUR BEST OPTION.

CONTACT US TODAY TO SEE IF YOU CAN QUALIFY. OUR SERVICES ARE FREE AND EVERYTHING IS KEPT IN THE STRICTEST CONFIDENTIALITY.

CONTACT FRED SED AT 949-274-3733 OR EMAIL AT FREDSED@PGCOASTAL.COM

EXPERIANCED SHORT SALE REALTOR || DOES YOUR AGENT KNOW THE PROCESS?

Wed, 25 Nov 2009 17:47:30 -0600

My Real Estate Agent doesn't know about or doesn't recommend a short sale, what do I tell him/her?

If the foreclosure process has already been started, do not let anyone stall you or delay you from taking

action! The biggest mistake for a homeowner in foreclosure to make is to do NOTHING. Before you know it,

you will be left with no options and you will be evicted. You must deal with your situation ASAP, and if you

agent does not want to look into all the options for fear of losing his commission, you should look for a

new agent.

IF YOU ARE HAVING TROUBLE WITH MAKING YOUR PAYMENTS OR ARE HAVING ANY FINANCIAL DIFFICULTIES A SHORT SALE MIGHT BE YOUR BEST OPTION.

CONTACT US TODAY TO SEE IF YOU CAN QUALIFY. OUR SERVICES ARE FREE AND EVERYTHING IS KEPT IN THE STRICTEST CONFIDENTIALITY.

CONTACT FRED SED AT 949-274-3733 OR EMAIL AT FREDSED@PGCOASTAL.COM

DO YOU NEED TO FIND A QUALIFIED TENANT TO RENT YOUR PROPERTY? / ORANGE COUNTY

Wed, 25 Nov 2009 17:43:23 -0600

DO YOU NEED TO RENT OR LEASE YOU PROPERTY TODAY?

IF SO, FRED SEDOF THE PAHUA GROUP CAN SERVICES ALL OF YOUR NEEDS!

949-274-3733

SOME OF OUR SERVICES INCLUDE BUT NOT LIMITED TO:

COMPLETE SCREENING PROCESS OF A PROSPECTIVE TENANT
SCREENING PROCESS INCLUDES: CREDIT CHECK, INCOME & EMPLOYMENT VERIFICATION, PRIOR RENTAL HISTORY
MARKETING YOUR PROPERTY IN ALL AREAS WHERE A PROSPECTIVE TENANT MIGHT SEARCH
ASSISTING YOU TO BRING THE PROPERTY UP TO MOVE-IN CONDITION BY GIVING YOU A LIST OF OUR PARTNERS SUCH AS: PAINTER, CARPET CLEANER, CLEANING SERVICE, HANDYMAN, ETC.....
SUPPLYING AND MONITORING OF ALL LEGAL DOCUMENTATION FROM AN APPLICATION TO THE LEASE AGREEMENT.

WE PROVIDE A LEVEL OF SERVICE THAT YOU DESERVE

OUR CLIENT CARE IS THE BEST AROUND

WE LOOK OUT FOR YOUR BEST INTEREST

IT'S NOT ABOUT HOW FAST WE CAN PROVIDE A TENANT, IT'S ABOUT HOW GOOD OF A TENANT WE CAN PROVIDE

IF THIS IS THE TYPE OF SERVICE YOU ARE LOOKING FOR THEN CONTACT FRED SED TODAY AND EXPERIENCE WHAT YOU DESERVE

FRED SED

SALES MANAGER

THE PAHUA GROUP

949-274-3733

FREDSED@BROKEROC.COM

ALISO VIEJO RENTAL PROPERTIES , HOMES FOR LEASE

Wed, 25 Nov 2009 17:42:25 -0600

IS ALISO VIEJO WHERE YOU WANT TO LIVE?

If you are in the market for properties that are available for rent/lease in Aliso Viejo choose from the following homes with in the link below. These properties are subject to, but not limited to the following:

*Availability
*Credit check for any applicant over the age of 18($15.00 per applicant)
*Prior rental history (If needed)
*Income verification (If needed)

There is no cost to you as the potential tenant, which means our services to you would be free. Our fees are paid for by the owner/landlord of the properties. For additional information, questions, or if you would like to set up a time to preview any property please contact Fred Sed with Fairview Realty at 949-274-3733.

(To reference a property, use the MLS # that is located next to the pictures. It is in bold and it starts with a letter then a series of numbers)

HOMES / PROPERTIES FOR LEASE OR RENT IN ALISO VIEJO

CONTACT FRED SED 949-274-3733 FOR A SHOWING!

What documents do I need to rent a condo/home?

Wed, 25 Nov 2009 17:41:21 -0600

The following is what is needed to rent a condo/home:

1. Rental application filled out by everyone over 18 years of age who will be living in the property.

2. Credit report for each person over 18 years of age. (the fee for this is $12.00 per report)

3. Proof of Income.

There are other items that can be added to these to make your application stand. If you have any

questions please contact Fred Sed at 949-274-3733. Our services are free to all future tenants and feel

free to visit our rental website to see if there are any properties that meet your criteria.

IRVINE RENTAL HOMES & LEASES , ALL PROPERTIES IN ALL PRICES

Wed, 25 Nov 2009 17:40:23 -0600

Irvine Properties For Lease And Rent

Are you looking for a home to rent or lease in Irvine? If so this is where you will find all the properties that are available.

The best part is, our services are FREE. All fees are paid for by the landlord/owner of the properties. You only pay for a $15.00 fee per applicant over 18 years of age for the credit report.

If you have any questions or if you would like to set up a time to see any properties for lease or rent in Irvine or Orange County, please contact Fred Sed at (949) 274-3733.

PROPERTIES AVAILABLE FOR LEASE & RENT

Fred Sed

(949) 274-3733

FredSed@PGCoastal.com

The Pahua Group

(To reference a property, use the MLS # that is located next to the pictures. It is in bold and it starts with a letter then a series of numbers)

RENTALS & LEASES IN ORANGE COUNTY , HOMES FOR RENT OR LEASE

Wed, 25 Nov 2009 17:38:49 -0600

Orange County Homes For Rent & Lease

Orange County is the area where most everyone wants to live. In todays real estate market it has gotten much more difficult to qualify for a mortgage, which is what is needed to be done to purchase a property. Whether it's because of credit, income, or amount of downpayment, the ability to purchase a property has declined for most. So for the time being, until mortgage guidelines are reduced, why not rent in Orange County? Below you will find all the properties that are available for lease & rent in Orange County.

The best part is, our services are FREE. All fees are paid for by the landlord/owner of the properties. You only pay for a $15.00 fee per applicant over 18 years of age for the credit report.

If you have any questions or if you would like to set up a time to see any properties for lease or rent in Orange County, please contact Fred Sed at (949) 274-3733.

PROPERTIES AVAILABLE FOR LEASE & RENT

Fred Sed

(949) 274-3733

FredSed@PGCoastal.com

The Pahua Group

(To reference a property, use the MLS # that is located next to the pictures. It is in bold and it starts with a letter then a series of numbers)

Condo's for Rent in Orange County

Wed, 25 Nov 2009 17:37:34 -0600

Condo's for Rent or Lease in Orange County

There are hundreds of privately owned condo's for rent in Orange County! If you would like to view them

please CLICK HERE

If you are a tenant in search of a home to rent our services are FREE for you!

If you have any questions or would like to apply for any of these properties please call our office at

(949) 274-3733

Southern California Short Sale Expert Specialist Realtor: How much does it cost me to do a short sale?

Tue, 24 Nov 2009 16:00:36 -0600

How much does it cost me for you to do a short sale on my house?

In a short sale we charge $595 documentation fee upfront for hard costs that we incur. The reasoning behind the fee is simple. We want you, the seller, to be sure of your financial hardship. We don't want to take on a short sale listing if the seller is not being forthright with us regarding their situation.

Also with a short sale situation all other fees like closing costs, broker's commissions, etc are all paid for by the bank. The seller does not pay these fees because the seller does have the money to pay it. All of this is in writing prior to the process taking place.

This fee is very small compared to the huge advantage you could have once the short sale is approved and completed.

Is my house too cheap or too expensive to do a short sale?

With a short sale It does not matter how much your home is worth as long as basic criteria below is met you home would be eligible for a short sale:

Property in foreclosure or in default

Little or no equity in the property

Personal financial hardship

At Least 60+ days to a Foreclosure Auction

As I have discussed before, if you do have all four of these conditions currently then you should be eligible for a short sale. If you are not sure about the value of your property or if you have any questions what so ever, feel free to contact us.

Orange County Foreclosure Short Sale Realtor: Should I accept offers from investors?

Tue, 24 Nov 2009 15:59:44 -0600

*Should I accept a short sale offer from an investor?

In a short sale, obviously this is up to each individual, but we believe the only real reason to reject an offer is because you know that you will have a tax problem. Again, most sellers who have a short sale qualify as insolvent with the IRS and can therefore avoid taxes on the short sale if the deal is properly negotiated. Otherwise, neither you nor your Realtor should have a concern about the price.

Investors do not want to waste time with low ball offers either so you can be assured that if they place an offer, they have reason to believe it could be accepted. If you need to sell your home, the quickest and surest way to do so is through an experienced short sale specialist.

*My Real Estate Agent doesn't know about or doesn't recommend a short sale, what do I tell him/her?

If the foreclosure process has already been started, do not let anyone stall you or delay you from taking action! The biggest mistake for a homeowner in foreclosure to make is to do NOTHING. Before you know it, you will be left with no options and you will be evicted. You must deal with your situation ASAP, and if you agent does not want to look into all the options for fear of losing his commission, you should look for a new agent.

If you wait you can lose it all, if you act quick you can gain from this. The ball is in your court.

CALIFORNIA & ORANGE COUNTY SHORT SALES || ARE THE GUARANTEED TO WORK?

Tue, 24 Nov 2009 15:59:00 -0600

Are short sales guaranteed to work?

IF YOU ARE HAVING TROUBLE WITH MAKING YOUR PAYMENTS OR ARE HAVING ANY FINANCIAL DIFFICULTIES A SHORT SALE MIGHT BE YOUR BEST OPTION.

CONTACT US TODAY TO SEE IF YOU CAN QUALIFY. OUR SERVICES ARE FREE AND EVERYTHING IS KEPT IN THE STRICTEST CONFIDENTIALITY.

CONTACT FRED SED AT 949-274-3733 OR EMAIL AT FREDSED@PGCOASTAL.COM

Irvine Short Sale Foreclosure Specialist - Can you short sale your own home?

Tue, 24 Nov 2009 15:52:55 -0600

*Can I short sale my own house?

No, this would be illegal. A short sale must be an "arms length" transaction. You cannot short sale your own house nor can close members of your family or friends do one for you either.

In a short sale, the lender is agreeing to discount the mortgage amount due to legitimate hardships; but not so that the homeowner can make a profit. No money from a short sale transaction can be paid to the homeowner (seller). Lenders will not approve any short sale in which they suspect the foreclosed homeowner will profit.

* Can't I just go down to my branch or mortgage broker and talk to them about reducing my mortgage?

Unfortunately, things don't work that way anymore in the banking business. Once you obtain a mortgage, it typically gets bundled with other mortgages and sold to other banks or investors. Oftentimes, the company to which you make your payments is not even the bank who holds your mortgage; they are simply paid to "service" the loan.

Also, once you mortgage lender begins the foreclosure process, the file is turned over to a loss mitigation company so the "lending" departments or the branch no longer have anything to do with the loan.

All negotiations regarding the short sale are done between the Listing Agent and whatever loss mitigation or asset management company works for the lender.

Contact Fred Sed 949-274-3733 to see if you qualify for a Short Sale.

Property Taxes & Short Sales from your Irvine Short Sale Specialist

Tue, 24 Nov 2009 15:51:50 -0600

*Who owns the house after a short sale?

The purchaser of the house is the owner after a short sale just as in a normal sales transaction. The mortgage lender is paid off and the previous homeowner moves to a different home.

*What do I do about my back property taxes when I do a short sale?

Just as in a normal home sale, property taxes are the responsibility of the homeowner until the date the sale is closed. Then they become the responsibility of the buyer or investor.

If your property taxes have not been paid this will affect the negotiations between the buyer and the bank, so you must inform us or any buyer of those taxes owed.

What is Financial Hardship from your Orange County Short Sale Specialist

Tue, 24 Nov 2009 15:51:08 -0600

* What is "Financial Hardship" and why is it so important?

"Financial Hardship" is a critical part of the short sale equation. No matter what you hear about banks "not in the business of owning real estate", etc., they DO NOT give homeowners a break easily. They require GOOD REASON to give a discount for a short sale. They have entire departments called "Loss Mitigation", which means their entire job is to reduce the loss the bank takes on a bad loan. Giving big discounts to sellers increases the loss on a bad loan, so they don't take it lightly.

The ONLY reason a lender will agree to a short sale is if they determine that the short sale will net the more money that proceeding with the foreclosure. Understanding the homeowner's financial hardship is a big part of the lender estimating whether they will be paid in full for the mortgage.

IF THERE IS NOT A LEGITIMATE FINANCIAL HARDSHIP, A LENDER WILL NOT SHORT SALE EVEN IF THE HOME IS WORTH LESS THAN THE MORTGAGE BALANCE. Quite simply, the lender will make the borrower pay the shortfall if there is no hardship.

Many homeowners try to use a short sale as a "get out of jail free" card to dump their poor investment. Lenders will not allow this and it is a waste of time to try. If you are employed and have some assets, but you have simply lost value on your home and want to sell, YOU PROBABLY CANNOT SHORT SALE. If you are current on your mortgage, IT IS VERY DIFFICULT TO SHORT SALE. Lenders need to see that you simply cannot pay them back before they will short sale.

To see if we might be able to handle your short sale call (949) 274-3733, or e-mail us at FredSed@PGcoastal.com

SHORT SALE EXPERTS || IN FORECLOSURE? WE CAN HELP YOU AVOID IT

Tue, 24 Nov 2009 15:50:16 -0600

If you expect to make money on my short sale, can I get some of it?

Unfortunately, that is not allowed by the lenders. A lender will not allow a seller to profit from a short sale. If they perceive that there is any "excess" money in the transaction, they want it for themselves to offset their loss.

Do I have to move after I do a short sale?

Yes. After the short sale transaction, the new owner will own the house and the seller must move, just as in a normal sale.

IF YOU ARE HAVING TROUBLE WITH MAKING YOUR PAYMENTS OR ARE HAVING ANY FINANCIAL DIFFICULTIES A SHORT SALE MIGHT BE YOUR BEST OPTION.

CONTACT US TODAY TO SEE IF YOU CAN QUALIFY. OUR SERVICES ARE FREE AND EVERYTHING IS KEPT IN THE STRICTEST CONFIDENTIALITY.

CONTACT FRED SED AT 949-274-3733 OR EMAIL AT FREDSED@PGCOASTAL.COM

SUCCESSFUL SHORT SALE TEAM || ORANGE COUNTY SHORT SALE REALTORS

Tue, 24 Nov 2009 15:49:32 -0600

Why do I have to sign a Borrower's Authorization?

In order to both determine if your lender will consider a short sale and then to actually negotiate the short sale, The Pahua Group needs be able to speak to your lender about the mortgage. The lender will only speak to people you have authorized them to speak with.

By signing a Borrower's Authorization, you give the lender permission to speak to The Pahua Group about your loan. That is all it does, but it is necessary. An authorization must be filled out for each mortgage.

How does The Pahua Group make money on a short sale?

We make a standard real estate sales commission that is paid by the lender only in the event of a successful short sale.

IF YOU ARE HAVING TROUBLE WITH MAKING YOUR PAYMENTS OR ARE HAVING ANY FINANCIAL DIFFICULTIES A SHORT SALE MIGHT BE YOUR BEST OPTION.

CONTACT US TODAY TO SEE IF YOU CAN QUALIFY. OUR SERVICES ARE FREE AND EVERYTHING IS KEPT IN THE STRICTEST CONFIDENTIALITY.

CONTACT FRED SED AT 949-274-3733 OR EMAIL AT FREDSED@PGCOASTAL.COM

SOUTHERN CALIFORNIA SHORT SALE REALTOR || HOW LONG CAN A SHORT SALE TAKE ?

Tue, 24 Nov 2009 15:48:30 -0600

What if a bank doesn't accept the short sale?

Again, if the bank doesn't accept the short sale offer, there is no transaction and the home is still owned by the foreclosing homeowner and the foreclosure process continues.

How long does a short sale take, I need to get out now!

A short sale takes approximately 60 days to complete and sometimes longer. This is very important. This complicated process takes time so to have the option of a short sale, you must act soon. If you wait until 1 week before eviction, no one can help you do a short sale. It is simply impossible. DO NOT WAIT.

IF YOU ARE HAVING TROUBLE WITH MAKING YOUR PAYMENTS OR ARE HAVING ANY FINANCIAL DIFFICULTIES A SHORT SALE MIGHT BE YOUR BEST OPTION.

CONTACT US TODAY TO SEE IF YOU CAN QUALIFY. OUR SERVICES ARE FREE AND EVERYTHING IS KEPT IN THE STRICTEST CONFIDENTIALITY.

CONTACT FRED SED AT 949-274-3733 OR EMAIL AT FREDSED@PGCOASTAL.COM

Private Condo's & Houses for rent in Orange County

Tue, 24 Nov 2009 14:44:17 -0600

If you are looking to rent a private condo or home in Orange County please visit our rental website to see

if there are any properties that meet what you are looking for.

Please visit www.PGLeases.comand if you have any questions contact Fred Sed at 949-274-3733, our

services are free to all tenants looking for a rental property.