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seattle short sale: Short Sale Rules Streamlined - 06/10/09 12:16 PM
I found this fascinating quote today:
Good news from Washington, D.C., today. The Obama administration announced new details under its Foreclosure Alternatives Program (FAP) enabling servicers and borrowers to pursue short sales and deeds-in-lieu (DIL) of foreclosure in cases where the borrower is generally eligible for a Making Home Affordable modification but does not qualify or is unable to successfully complete the three month trial period. The program, effective through 2012, requires that prior to proceeding with a foreclosure, servicers must determine if a short sale is appropriate.Short Sale Rules Streamlined, Jun 2009
You should read the whole article.
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seattle short sale: Short Sale Solutions to the Top 5 RE Agent Obstacles to Short Sale Success - 03/28/09 09:59 AM
Top 5 RE Agent Obstacles to Short Sale Success
Commissions are discounted by lenders Lenders don't want the package unless they have an offer Execution & Accurate Valuation of the Interior BPO Have a buyer but the short sale process takes too long so they buyer walks Wasted time negotiating with the lenders when they should be promoting their properties and/or themselves. This is How I (an Investor) Help RE Agents:
#1 Problem = Commissions are discounted by Lender
#1 Solutions
Investor can guarantee a full commission on every deal that closes Agent markets the property to find the end buyer Listing … (0 comments)
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seattle short sale: Why Short Sale Your House......So You Can Have A Fresh Start? This is HOW I CAN HELP: - 03/15/09 03:25 PM
So let me explain how I might be able to help. Our business primarily consists of the acquisition, redevelopment and rebirth of homes throughout NV, CA & WA. We purchase multiple homes per month, and all of our work is in the pre-foreclosure market.
Whoever your lender(s) are, I can assure you that we are most likely an approved investor with them and have previously worked with them to facilitate a successful short sale transaction helping the bank avoid having to own another house - an REO (Real Estate Owned or Bank Owned) property...which is the last thing they want. This does not … (0 comments)
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seattle short sale: FREE REPORT: "How You Can Stop Foreclosure" - 03/08/09 05:53 PM
Here's Your Free Report...
How You Can Stop Your Foreclosure!
Dear Homeowner,
My name is Kenny Wagner. I am a real estate specialist and I can share with you the
secrets to saving your home from foreclosure. I have shown homeowners how to not only stop
foreclosure... but also how to save thousands of dollars by avoiding the biggest mistakes so many
others make! Many people in situations just like yours are hesitant to do anything because they
are having a hard time finding out who and what to believe! Homeowners seek solutions they so
desperately need...but they … (0 comments)
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seattle short sale: What is a Short Sale? Is there a difference if you're in Seattle, Las Vegas, Los Angeles or San Diego, California? - 02/12/09 12:19 AM
Whether you are looking at a Seattle Short Sale, Bellevue Short Sale, Las Vegas Short Sale, San Diego Short Sale or Los Angeles Short Sale...a short sale is a short sale is a short sale.
A Short Sale is when a lender accepts less than what the balance of a loan is. This is usually done to avoid having to foreclose on a home and incur further losses. A short sale is only completed and approved when it benefits the lender financially. They have come to the conclusion through their own due diligence that they would get most of their money … (0 comments)
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Kenny Wagner
Las Vegas,
NV
More about me…
Address: 260 E. Flamingo Rd., Las Vegas, NV, 89169
Office Phone: (702) 483-0890
Cell Phone: (702) 483-0890
Email Me
What's In It For You - A Realtor?? - IF...You Work with A Short Sale Investor
Homeowners
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