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aurora colorado short sales for sale: Beware the Worst Lender Ever to deal with Short Sales - 03/18/10 09:03 AM
Beware the Worst Lender Ever for short sales 2nd partDear Fellows, I don't know how many of you are doing short sales these days, but Bank of America or BOA is driving me crazy, Bank of America employees they don't have any clue what they are doing. Bank of America personnel has been these days the worst lender ever. If you remember the old times Washington Mutual was the worst to deal with short sales, now? BOA !!!!!!I'm not talking about experience to deal with Short Sales, believe me I have enough experience to deal with many kind of Short Sales and Bank of America is … (25 comments)
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aurora colorado short sales for sale: Some Basic Questions to ask when doing Short Sales - 11/16/07 07:21 PM
When you are starting a Colorado Short Sale Real Estate, never forget to ask some basic questions before you start the whole proces. Avoid to waste your work big time, I learned that by trial and error , but I am sharing this so you can not make the same mistake that I did once. When dealing with a Colorado Short Sale Real Estate, never forget to ask your client (seller) whether they are current in Taxes and Home Owner Association or if they have any pending other judgments, many lenders when dealing on the final stage and dealing with the … (32 comments)
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aurora colorado short sales for sale: Funds to Cure your Loans in Colorado - 07/21/07 11:40 PM
Funds to Cure your Loans in ColoradoWhen you are on a hardship situation in Colorado you can get money from one of these options in case that you have one of these:1) Ask to borrow from family or friends.2) Get Cash from Investment accounts.3) Get cash form retirement accounts.4) Borrowing from Insurance policies.5) Sell everything that you can: cars, motorcycles, boats, collectables, jewelry, etc.6) Get money from a garage Sale7) Get a Commercial second mortgage. I am just giving you some solutions and options to try to get rid of a problem. Remember that your Colorado home it is the most … (13 comments)
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aurora colorado short sales for sale: How many of you are in a short sale market? - 06/09/07 08:22 PM
How many of you are in a short sale market?
Wondering how many of you are dealing with short sales, here in Colorado we are dealing on a market that we have plenty of short sales. Homes market is changing and I always see more and more Short Sales around. Are you prepared for this market?If you have not read these articles, please do, if you think that I am missing some topics, let me know, also if you want to share your experiences in your area I will appreciate it.What Does a Realtor Need be successful on Short Sales?When is … (4 comments)
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aurora colorado short sales for sale: When is time for a Short Sale? - 06/01/07 01:58 AM
When is time for a Short Sale?
Unluckily, short sales have been common these days on many states, here in Colorado, they are a bad REALTY for many home owners, usually home owners they own more than their home is worthThere are some factors that could drive you to a short sale.
* Pay option ARMS (No Equity thanks for the minimum payment option).* 100% Financing (No Equity).* Buyer's Market (Usually depreciation and excess of inventory).* Homes bought over priced (Inflated appraisals).* Refinanced to 100% or more than 100%.* When you are in a Buyer's Market and you are not … (8 comments)
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aurora colorado short sales for sale: Tips to influence a BPO (Broker Price Opinions) - 05/31/07 01:07 AM
Be prepared with these tips to influence a BPO
* Provide the appraiser, real estate agent, broker comparables that you have found., * You need to have solid comparables* Why do you think that your comparables should be considered? * Condition report from the real estate would be a good idea to provide together with your comps. * Do not go against the BPO, just give your considerations / opinions..You can get a discounted substantial short sale!What Does a Realtor Need be successful on Short Sales?When is time for a Short Sale?Tips to influence a BPO (Broker Price Opinions)Phone Numbers to … (15 comments)
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aurora colorado short sales for sale: Phone Numbers to work on your short sale - 05/31/07 12:47 AM
Washington Mutual- Loss Mitigation Phone: 800-496-9633 phone: 904-281-3900 Collections Dept.Phone: 866-356-5789 Foreclosure Dept.Fax: 818-775-2010 Bank of New York- Loss Mitigation Phone: 212-495-1784 Fax: 212-415-2035Wells Fargo Loss MitigationPhone: 800 or 888.231.0757877) 216-8448 Loss Mitigation (800) 551-9808 Borrower Assistance (800) 868-0043 Home Owners in Foreclosure (800) 352-7654 Citi Mortgage - Loss Mitigation 800.682.2286 Foreclosure 877.202.3846 Loss Mitigation 866.357.6015 Loss Mitigation Fax 248.488.7727 Workout Fax 248.488.8357 Loss Mitigation 866.357.0614 First American 800.511.1278 Workout Fax 636.256.2884 Citi Financial Foreclosure 800.424.3562 800.423.8158 800.848.7491 Dial by Extension 800.888.6001Cendant Loss MitigationPhone: 800-750-2518. fax: 856-917-8334 Homecomings Loss MitigationPhone1: 800-206-2901Phone2: (858)-874-7417Litton Loss Mitigation:Phone: 713-966-8803 Chase Loss MitigationPhone: (510)652-0401 Saxson Loss … (28 comments)
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aurora colorado short sales for sale: Short Sale Documents List From Seller - 05/22/07 09:54 PM
Short Sale Documents from sellerThis is a list of documents the lenders typically request from the seller along with any lender documents for a short sale package:
* Hardship letter - This should be handwritten by the seller if possible explaining their situation and requesting the lender to do a short sale.* Tax returns + W2 - Federal only ( most recent 2 years ).* 2 most recent bank statements & 401K & IRA accounts* 2 most recent pay stubs* Documentation supporting your hardship if the sellers have any, termination letter, disability letter, doctors bills, etc.,
Remember:* That list can vary … (28 comments)
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aurora colorado short sales for sale: The don'ts of a Short Sale in Colorado - 05/18/07 08:55 PM
The Don't of a Short Sale in Colorado1) Don't ever fax a short sale to the seller's lender in the listing phase2) Don't ever fax an incomplete short sale package to the lender. They Receive around 300 to 400 requests a day for shot sales, if it is not complete they will not begin to process it and they might toss it.3) Don't ever tell the selling agent we should hear in a week or so, Be honest4) Don't ever submit a short sale package to the lender if that lender has taken the property to foreclosure sale and you are … (48 comments)
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aurora colorado short sales for sale: The do's of a Short Sale in Colorado - 05/18/07 08:49 PM
The Do's of a Short Sale in ColoradoAlso click here if you missed the Don'ts of a Short Sale1) Obtain all existing lender information from your client. Name of the bank and loans numbers.2) Have seller sign authorization so you can speak to the bank on their behalf make sure to have them include their SS#3) Order O&E and TBD on the property so you have no surprises. Judgments, bankruptcies, etc.4) Order payoffs immediately so you know exactly what the #'s are.5) Order the HOA status letter, you need to know the entire picture prior to a contract coming in.6) Get … (21 comments)
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Aurora, CO Homes for Sale in Aurora, Colorado - Ray Saenz
Aurora,
CO
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United Property Brokers, Inc
Address: Aurora, Centennial, Parker, Denver, Castle Rock, Greenwood Village, Highlands Ranch, Englewood, Lakewood, Thornton, Westminster, Wheatridge, Arvada, Commerce City, Northglenn, Aurora,Centennial, Denver, Parker, CO
Office Phone: (303) 671-9311 x 685
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