Kimberlee Frank's Blog

Get a Virtual Assistant for 40 hours free!

Kimberlee Frank (Sell Fast Realty) — Sun, 29 Jan 2012 21:15:21 -0800

Hey Guys Kimberlee Frank here,

I will even show you how to get the first 40 hours for free!

****Absolutely nothing will be sold on this training****

In fact when you attend, you will get a FREE virtual assistant for 40 hours for free.

You don't need to buy anything to get the 40 hours for Free.

No hype!

No strings!

We are only doing this event live 1 time so don't miss it.

Yes it will be LIVE for real. Michael AND I will both be answering your questions LIVE as well!

Mark your Calendar:

DATE: WEDNESDAY, February 1, 2012

TIME: 9:00 P.M. TO 10:30 P.M. EASTERN TIME

CLICK THIS LINK TO REGISTER: https://www3.gotomeeting.com/register/380289134

I'll see you there!

God Bless,

Kimberlee Frank

Use a Virtual Assistant for 40 hours free!

Kimberlee Frank (Sell Fast Realty) — Sun, 29 Jan 2012 20:48:30 -0800

Hey Guys Kimberlee Frank here,

I will even show you how to get the first 40 hours for free!

****Absolutely nothing will be sold on this training****

In fact when you attend, you will get a FREE virtual assistant for 40 hours for free.

You don't need to buy anything to get the 40 hours for Free.

No hype!

No strings!

We are only doing this event live 1 time so don't miss it.

Yes it will be LIVE for real. Michael AND I will both be answering your questions LIVE as well!

Mark your Calendar:

DATE: WEDNESDAY, February 1, 2012

TIME: 9:00 P.M. TO 10:30 P.M. EASTERN TIME

CLICK THIS LINK TO REGISTER: https://www3.gotomeeting.com/register/380289134

I'll see you there!

God Bless,

Kimberlee Frank

Are you Stuck?

Kimberlee Frank (Sell Fast Realty) — Sun, 15 Jan 2012 20:32:58 -0800

One of the most frequent topics of conversation when I speak to most people about their business is they feel stuck. This could be:

Stuck getting going. Do you have great ideas which seem to fall by the wayside?
Stuck on a plateau in your business. Have you become successful and wonder what is next?
Stuck doing something you hate with your life. Are you working in your business/career just to take care of the bills, take care of the family, take care of your responsibilities?

When would you like to get "unstuck"? On our webinar the other night, I had the "No Excuses Results Coach" Paul Finck show you what to do next. As the nickname says, Paul wants results for you and accepts no excuses.

We have all done it at some point... sometimes without even being aware of doing it. Making excuses, blaming others for what happens, feeling the world is stacked against us. When you are ready to cut through the B.S. and get the results you want, Paul is your guy.

Click on this link: https://paulfinck.infusionsoft.com/go/MMETIX/kimberleefrank

Paul used to be stuck in his business and life too. He has completely reversed that reality now. Paul wants to show you how to do the same for yourself. He told me the other day:

Everything new you want out of life is in a place you have never been before.

Would you like to have someone help you change your actions so you can change your results? Paul will show you how to get where you have never been before at his transformational 3-day event, Mindset Mastery Experience, coming up in Orlando this month. It will be the perfect place to quantum leap to your next level.

If you are thinking this is something I would normally not do, then remember Paul's quote above. And think about it, you are looking for different results than you have been getting, you have to go to a place you have never been - the Mindset Mastery Experience.

Click link for Different Results https://paulfinck.infusionsoft.com/go/MMETIX/kimberleefrank

TO YOUR INCREASE IN 2012,

Kimberlee Frank

2012 - The Year to Explode Your Income by Profiting From the Banks' Mistakes!

Kimberlee Frank (Sell Fast Realty) — Sun, 15 Jan 2012 20:05:44 -0800

Everyone knows that the banksters have screwed it up - big time! They can't find the mortgage paperwork or never had it, or intentionally destroyed it. They've been caught red handed forging documents and foreclosing against unsuspecting homeowners. Discover how to turn the tables and use their fraudulent business practices against them to win big - SUPER BIG!

2012 - The Year to Explode Your Income by Profiting From the Banks' Mistakes!

Investors & Real Estate Professionals

Learn How To Explode Your Income And Profit

From The Banks' Mistakes!

ATTORNEYS
Discover the Information You Need To Know and

the Tools You Must Have to Profit From The Millions of
of Foreclosures Across The Nation!

or go to http://www.myeasyonlinestore.com/app/?af=1422642% to see what is included in this exploded 3 Day Event on January 20-22nd.

Make sure that you mark who referred you to the event and get ready to explode with a new way to buy short sales and help your Sellers!

TO YOUR INCREASE IN 2012,

Kimberlee Frank

P.S. Stay tuned for more educational webinars - next one is with a Mortgage Broker which will tell you how to qualify your buyer in addition to how if you are investor to get financing.

Lean How to Use an IRA for Investing in Real Estate

Kimberlee Frank (Sell Fast Realty) — Sun, 15 Jan 2012 19:47:36 -0800

Learning how to use other people's money OPM with IRAs to purchase real estate will help your real estate business soar!

Learning how to open an IRA now while you can will help build your future.

I am having a webinar with Kent Kizner from Equity Trust to discuss all of these options.

Equity Trust Company, with its corporate headquarters in Cleveland, Ohio and operations in Waco, Texas and Sioux Falls, South Dakota, is at the forefront of the self-directed retirement plan industry. The company specializes in the custody of alternative assets in self-directed IRAs, Coverdell Education Accounts, Health Savings Accounts and qualified business retirement plans. Along with its affiliates, Equity Trust provides services to more than 130,000 individuals and businesses nationwide with approximately $10 billion in assets under custody. Since 1974, the company and its affiliates have helped investors make tax-free profits through education.

Whether you are looking to invest your IRA or talk to people about investing with you, you need to be on this call. This is a no sales call and pure education which you don't want to miss.

Let Kimberlee Frank and Kent Kinzer from Equity Trust Company show you how by revealing a simple strategy that only 2% of Americans are currently using: investing in real estate with self-directed IRAs.

Business Development Director Kent Kinzer will explain the amazing benefits of investing in real estate with a self-directed IRA and how you can get started fast in a free webinar on Wednesday, January 18th at 7:00 p.m. Eastern time - click here to save your seat - https://www3.gotomeeting.com/register/945127942

The presentation will reveal how you can:

    Generate tax-free profits by investing in distressed properties
    Qualify for large tax deductions (up to $54,500)
    Tap into as much as $4.2 trillion in extra funding to do deals (hint: it doesn't          involve any banks!)
    Pay your healthcare expenses or your child's education using profits from your real estate investments

Plus, Kent will present a special offer at the end of the presentation just for Foreclosure Treasure Hunt attendees that will help you jump-start your wealth building.

TO YOUR INCREASE IN 2012,

Kimberlee Frank
www.ForeclosuresGoneWild.com, www.SellFastRealty.com & www.RealEstateJunkie.com

Probate Personal Representative Short Sales House in Lutz, Florida

Kimberlee Frank (Sell Fast Realty) — Thu, 12 Jan 2012 23:54:13 -0800

Probate Personal Representative Short Sales House in Lutz, Florida

It’s hard enough when a loved one passes away to deal with their estate but did you know that when there is real estate involved in an probate estate, the probate cannot be closed until the real estate is transferred to the heirs. What happens when the house is in foreclosure and the heirs don’t want it? Well, you need to do a short sale and sell the house. If you don’t, it could take the bank years before they complete the foreclosure action stopping the family from having closure.

Sell Fast Realty recently helped a Probate Personal Representative short sale a property. It was simple and easy to process the short sale as the original short sale package wasn’t needed. All we needed was the death certificate of the individual along with the letter of authority from the personal representative. This personal representative tried for a long time to sell the house but no one wanted to buy it.

Sell Fast Realty, Kimberlee Frank and Linda Trimpey, was able to sell the property after a couple of buyers and a few hiccups with delays from the bank. The first buyer couldn’t wait until we received the approval letter and backed out of the purchase. The following day we received the approval letter from the bank. The buyer didn’t care and had moved on. We found another buyer with the exact terms (price and closing costs). The bank then decided to other another value on the property. The negotiator countered the buyer’s offer. However, I provided the new negotiator with the approval letter. He said that it didn’t matter and he wasn’t going to send it to the investor for review. I informed him that the bank was receiving $4,000 more but he said it didn’t meet the investor’s guidelines. He also added that the bank wasn’t going to pay the homeowners association dues and pay the personal representative fee. I said this is ridiculous. I called two different supervisors and after I called for 7 days straight and emailed every contact I had at the bank, I finally got to speak with a supervisor who said “it is approved as is – with the same terms from the first buyer.” The Probate estate did not have to pay any money for a deficiency judgment nor did they have to pay for Sell Fast Realty’s commission. The Personal Representative received $500.00 in order to process the sale. The probate can now be closed and the family can have closure.

If you know anyone who has a Probate estate and needs to sell their property in Central Florida, call Sell Fast Realty at 407-888-3433 and we will be happy to help. Or, if you are a Realtor and need help with your short sales, go to www.ShortSaleNegotiating.com

God Bless,

Kimberlee Frank

www.ShortSaleNegotiating.com

407-888-3433

Road Rage on US-417 - Mentorship to get you unblocked

Kimberlee Frank (Sell Fast Realty) — Wed, 07 Dec 2011 22:10:33 -0800

Road Rage on US-417 in Florida - Do you have a Road Block?

I was driving Saturday night on US-417 minding my own business heading home from a real estate seminar. There were hardly any cars on the road. I watched a car come up behind me and stay behind me for a couple of minutes. He didn’t flash his lights like most inpatient people do, he decided to go around me and then get in front of me and slow down. He didn’t cut me off or anything he just got in front of me. Since I had my car on cruise doing 5 over the speed limit, I had to slow down or I had to pass him. I decided since there were no cars other than the two of us that I would just get in the other lane and put my cruise back on and pass him. All of a sudden when I was coming up to the side of him, he decided to swerve in the lane that I was in and slammed on his brakes. I thought “OMG” what the heck is he doing. I slammed on my brakes and then changed lanes to pass him on the left. He did it again!! I thought “OMG” what is he doing? Is he drunk? Is he mad at me for something? Or … Is he mad at my marketing message on my car (look at the picture of the car). I tried to take a picture of the back of his car with the license plates so that I could report him but he slammed on his brakes so fast, I literally almost hit him as I dropped my telephone. I didn’t even have time to call the police for help!!!

All I wanted to know was WHY? What was his problem? After about 10 minutes of being cut off from lane to lane and him slamming on his brakes, I turned on my bright lights. I was determined that I was going to get next to him and ask him “WHY”? I know many of you would want to pull next to him and ask him are you freakin crazy? Do you have a death wish? Or, pull over and I will really give you a piece of something !@? We finally got a few more cars involved in the Road Rage. I let a few cars pass me, then I got behind them. The cars couldn’t pass him and he boxed me in and … I didn’t get close enough to look at him through his dark tinted windows so I could SCREAM at him. I decided I didn’t have a death wish and whatever the “WHY” was it didn’t matter anymore. What mattered was I wasn’t going to die for him so I had to make a change. Not that I had to give up on where I was going, I just needed to change lanes and move in the same direction. However this time, I needed to be selective as to which speed and lane I needed to go in this is the same in life. It is time for you in life to change lanes and keep going.

Road Rage comes into our life in all forms. What was working in 2008 is not working now. We all need to know when it is time to change lanes and speed back up to get to the finish line. Have you started your real estate career whether you are an investor or realtor and you have run into road blocks? Are you a Seller who has no idea of how they are ever going to own a home again? Are you saying “OMG” what is going on? What should I do? I have decided to have you change lanes to the fast lane and lead you to the finish line. It doesn’t matter what career you are in or what type of real estate investing you are considering as I have done it all and I mentoring on all types of deals and professions or if you are just looking to buy a home again. I want to provide you with the “WHY” that keeps coming up in your vocabulary. I want to personally mentor you for 60 days for Free. Yes, you heard me correctly FREE. I want to start your engines again and take you all the way to the finish line. Our economy is perfect for you to be successful in real estate. Yes, this includes Sellers who have been through foreclosure. All I need you to do is call my office at 407-888-3433 and raise your hand and say “YES, I need to start my engine”. I am limiting this mentorship for the first 30 people and once it filled it is filled. Take Action NOW! Call my office now at 407-888-3433 and let me take you to the next level in 2012. There are no strings attached!

God Bless,

Kimberlee Frank

www.SellFastRealty.com

www.ForeclosuresGoneWild.com

PS. Consider this my Christmas Gift to you!

Master Short Sales and Increase Your Income for 2011

Kimberlee Frank (Sell Fast Realty) — Sun, 13 Nov 2011 13:05:03 -0800

MASTER $HORT $ALE$

INCREA$E YOUR INCOME FOR 2011

Please join us - December 16th

I am making a special effort to reach out to all of my dedicated and persevering Realtor friends! Do you wish you had more listings? More Buyers? Are you feeling stuck? Are short sales wearing thin on you? Yes, yes, yes, yes!!!!

I value your credentials as a Realtor and I appreciate your desire to conquer the challenges of this market and continue providing excellence to all of your clients. That is the reason for this Special Invitation to you! Please clear your schedule on December 16th from 9 to 4 p.m, so you can LEARN HOW TO MASTER SHORT SALES! See below for the details and pass this on to everyone in your office!

* * * * * * * * * * * * *

FEELING SECLUDED in your Real Estate Business? You are part of a bigger TEAM! Although we all work for different offices, in different cities and counties, we are one cumulative team and we are making a difference. It's tempting sometimes to keep our secrets to ourselves or within our own office. But knowing that Greater Orlando has a population of 2,082,421 (according to the U.S. Census Bureau's 2009 population estimates), and many of them are homeowners.....I feel confident that there is enough success available for all of us to share and prosper!

Be sure to also click here and connect with us now so we can inform you about Free Webinars, Trainings and our weekly Accelerate in Real Estate Tips!!!

This is the reason for my decision to tell my secrets to you, my fellow Realtors, at my Share the Wealth Seminar on December 16th from 9:00am - 4:00pm. I have been in Real Estate since 1998 and have worked multiple markets in different states and have been involved in over 500 real estate transactions. I have secrets that I would like to share with you; SECRETS THAT WILL CHANGE YOUR INCOME!

Please CLICK HERE to hear the secrets on December 16th from 9am-4pm and add wealth to your mind and your pocket and learn:

ü How your office can list and sell short sales in 90 days or less (just like we are!)

ü How to get motivated sellers to call you

ü How to find more buyer leads and build a strong buyer list

ü How to properly list a short sale to get quick and valid offers

ü How to master the short sale process and increase your efficiency so you can handle a high volume of deals

ü How to execute the 13-step process for a successful BPO

CLICK HERE to sign up now! Because Kimberlee has worked with you before in her real estate endeavors, you are being given a special PROMOTIONAL CODE and DISCOUNT!

You pay only: $39.00

HURRY, this code is only valid for the first 30 seats!

Seating is limited to ensure one-to-one teaching and time for personal questions!

Be sure to also click here and connect with us now so we can inform you about Free Webinars, Trainings and our weekly Accelerate in Real Estate Tips!!!

EVENT INFO:

Who: All Realtors

What: Learn to Master Short Sales, Increase your 2011 Income!

When: December 16th, from 9:00am - 4:00pm

Where:

Kimberlee Frank's Office

Sell Fast Realty

407-888-3433

Winter Springs Centre

130 West SR 434

Winter Springs, FL 32708

www.SellFastRealty.com

www.ShortSaleNegotiating.com

CLICK HERE to map your directions

OFFICE IS LOCATED AT THE CORNER OF WEST STATE ROAD 434 AND MOSS ROAD IN THE CENTER OF THE PLAZA!

Be sure to also click here and connect with us now so we can inform you about Free Webinars, Trainings and our weekly Accelerate in Real Estate Tips!!!

What is the difference of a “Full Satisfaction of Loan” versus a “Lien Release Only” Short Sale?

Kimberlee Frank (Sell Fast Realty) — Sun, 13 Nov 2011 12:15:34 -0800

Full Satisfaction of Loan versus a Lien Release Only

Understanding the outcome on a short sale is vital not only to the Seller but to the Realtor. Below I explain the different types of short sale approvals.

There are two different types of Short Sale Approvals:

Full Satisfaction of Loan
Lien Release Only

A Full Satisfaction of Loan means that you will not owe any more money on this loan after your buyer pays the short sale amount of $90,000. It also means that the lender will not pursue you for a deficiency judgment on the remaining $60,000. A Lien Release Only means that the lender is releasing the lien on the house for a partial payment ($90,000) just so you can sell the property. However, you are still liable for the difference and the bank could pursue you for the deficiency of the $60,000. I suggest reviewing your Short Sale Approval Letter thoroughly and really understand what you are reading. This is what Sell Fast Realty does for you; however, many Agents don’t explain the details to you and by the time you realize that your letter stated a “lien release only,” you are sitting at the closing table.

What happens if the Lender will only allow a “Lien Release Only” for my Short Sale?

Should the short sale approval letter from your lender be a lien release only then you will have to determine which is better: 1) let the house go to foreclosure sale and possibly owe even more later because market values are still dropping and your deficiency could be even greater, or 2) sell the house now with a lien release only. I have represented some sellers who had to make this decision. I have yet to see a seller choose to let their house go to foreclosure sale. If you receive a lien release only, the lender has the right to choose whether they just want to give you a 1099-c form or a deficiency judgment. Again, it is crucial that you thoroughly review and understand your Short Sale Approval Letter.

Can you guarantee a Full Satisfaction on my short sale?

No, but no one can until they receive and review the letter from your lender. There are too many variables such as type of loan, number of loans, hardship, etc. I have had a few lenders request money from the sellers either by a promissory note or by bringing cash to the closing. They may request either of these options or a combination of both. If a seller is in agreement, then the lender will almost always negotiate that deficiency even lower if the seller is willing to contribute by a promissory note or by bringing cash to the closing. If the lender won’t approve the short sale without a seller contribution, your Sell Fast Realty short sale experts negotiate that amount down as low as possible. For example, a Promissory Note would be paid by the seller to the lender at 0% interest for 15 to 30 years at a drastically reduced amount. The highest promissory note amount that any of my sellers have received was $25,000, 0% interest, paid at $70 per month until paid in full.

TWO THINGS A LENDER CAN DO TO THE SELLER – THEY CAN NEVER DO BOTH!

1. Provide them with a Deficiency Judgment

2. Provide them with a 1099

What’s the next step for me?

Take Action Now by calling us at 407-888-3433 or call the Sell Fast Realty Agent who provided you with this Special Report. You can also go online at www.SellFastRealty.com or www.FreeFactsAboutForeclosure.com and fill out the contact information. Please be sure to fill out the form completely for a quicker response. We will contact you personally within 24 hours to tell you how our expert short sale team can relieve your stress….. Our #1 Focus is YOU! I am honored that I can educate you with the true facts about foreclosure. I am sure you have some more questions after reading this Special Report and we look forward to discussing them with you on a personal and confidential call with you.

Kimberlee Frank, Broker

www.SellFastRealty.com

www.ShortSaleNegotiating.com

407-888-3433

Deficiency Judgment or a 1099-C which should a Seller receive?

Kimberlee Frank (Sell Fast Realty) — Sun, 13 Nov 2011 12:10:36 -0800

What is a Deficiency Judgment?

A Deficiency Judgment is the difference in what the property was sold for and what you owed on the mortgage, including interest and attorney fees. Your lender has the right to come back after you for 25 years to collect on the difference. They have 5 years to file a deficiency judgment and 20 years to collect from you…for a total of 25 years.

Many sellers will just give up and walk away from their house. The most famous speech from Winston Churchill was “NEVER GIVE UP, NEVER GIVE UP, NEVER GIVE UP, NEVER GIVE UP and NEVER GIVE UP. When sellers walk away and let their home go to foreclosure, they think it’s over… but it’s not! When you walk away, you are allowing your lender the right to obtain a deficiency judgment and come back after you for the amount owed for 25 years. Our market is not increasing, but decreasing, so by the time your lender gets the house back to resell, you are going to owe even more.

Our company has a high success rate in getting your lender to accept the short sale and waive the deficiency judgment (see Testimonials on www.SellFastRealty.com). Having our Sell Fast Realty team negotiate on your behalf leaves you in control of the outcome of the property. Our #1 Focus is YOU!

What is a 1099-c?

A 1099-c is like a W-2. This is income that you receive. However the 1099-C is what the lender uses to forgive your debt and some sellers are required to pay taxes on this amount. Homestead owners of property only have until December 31, 2012 to take advantage of the Forgiveness Act that President Bush put into place to excuse the owners from having to pay income tax on the 1099-c from their short sale. There are some additional terms; I am not a CPA or an attorney, so I would highly recommend that you contact one. However, many of the homeowners I have helped did not have to pay taxes on the 1099-c.

NOTE: I don’t know if the Forgiveness Act will be extended, so you need to ACT NOW!!

If the property was an investment property for you and you receive a 1099-c, you still may not owe any additional taxes, as it could still be a loss for you. Again, this is a direct question for your CPA to answer.

Many sellers are able to have their CPA file a C982 form which states that “their liabilities outweigh their assets” so they are exempt from paying the taxes. Please talk to your CPA about your specific situation.

What’s the next step for me?

Take Action Now by calling us at 407-888-3433 or call the Sell Fast Realty Agent who provided you with this Special Report. You can also go online at www.SellFastRealty.com or www.FreeFactsAboutForeclosure.com and fill out the contact information. Please be sure to fill out the form completely for a quicker response. We will contact you personally within 24 hours to tell you how our expert short sale team can relieve your stress….. Our #1 Focus is YOU! I am honored that I can educate you with the true facts about foreclosure. I am sure you have some more questions after reading this Special Report and we look forward to discussing them with you on a personal and confidential call with you.

Kimberlee Frank

Broker and Short Sale Negotiating Expert

www.SellFastRealty.com

www.ShortSaleNegotiating.com

407-888-3433

Does a Seller have to pay closings costs and Realtor commissions on a Short Sale?

Kimberlee Frank (Sell Fast Realty) — Tue, 08 Nov 2011 12:52:09 -0800

Does a Seller have to pay closings costs and Realtor commissions on a Short Sale?

NO, you don't have to pay closings costs and realtor commissions on a short sale! On a short sale, even though you are the seller, the lender allows certain fees to be paid out at closing that normally the seller would have to pay, i.e. title work, transfer tax, Realtor commissions, etc. Sometimes the Realtor fees are reduced in order to sell the property on behalf of the seller. That means that our service is absolutely FREE to you, as your lender(s) allows the Realtor(s) to receive commission on the sale of the property. If we don’t sell your house then we don’t get paid.

What price, condition and location does my house have to be in order for you to help?

We have negotiated and closed short sales on homes in any location (primarily throughout Central Florida), price and condition. In all of our purchase contracts we put the following clauses:

“The seller is selling the property AS-IS, with no contributions for repairs.”
“The buyer will turn on the utilities for inspection.”

These provisions in the contract make the buyer pay for all the repairs to the home that may be necessary for the buyer’s mortgage approval, and the buyer pays to have the utilities turned on for inspection, should they not already be on.

Can I back out of the Short Sale?

We always put a provision in the contract that gives control to our sellers that states “This offer is subject to the lender taking a short sale acceptable to the seller and waiving the deficiency judgment.” Should we obtain a short sale but there is a deficiency judgment, then you can choose not to sell the property – You are in control.

What’s the next step for me?

HAFA Short Sale - Can I get $3,000 from HAFA to move?

Kimberlee Frank (Sell Fast Realty) — Tue, 08 Nov 2011 12:42:26 -0800

Will my Lender pay me any money to move with the HAFA program?

The Home Affordable Foreclosure Alternative (HAFA) program does allow a relocation fee of up to $3,000 paid to the homeowner if they claim their home as a homestead exemption. The HAFA program does not apply to investment properties. The deadline for the HAFA program is DECEMBER 31, 2012. If you are considering a short sale and you would like to be paid $3,000 through the HAFA program to relocate, please call us immediately as it takes time to do the short sale. There are other requirements such as having a utility bill in your name and having occupied the home within the past 12 months. The HAFA terms are subject to change based on your loan.

The HAFA program does put a stipulation on participating lenders (not all lender participate in this program), that they will accept the short pay with a full satisfaction of the loan and not go after you for the difference known as a deficiency judgment.

There is a stipulation put on the buyer of the property that they will not resell the property for 90 days. If an investor was going to buy your house to fix it up and resell it, they would have to own the house for 90 days before reselling it. Sometimes, there is not enough profit to the investor to do that, so it is very important when using this program that the buyer is fully aware of the lender’s stipulations. As your Realtor, we pre-qualify all buyers to let them know the lender’s requirements including the HAFA program. This prevents the so-often-heard scenario of sellers getting their short sale approval letter and then the buyer doesn’t qualify to buy the property and the entire file gets shut down and you have to start all over again.

At what point during the short sale process, should I move out of the house?

This will vary per situation. I have homeowners stay all the way to the week before the closing and I have other homeowners move out right away. Do you have family or friends you can live with or are you going to rent somewhere? Most people never even think about the fact that they may not qualify to live somewhere else due to their credit. If you are not going to do a loan modification, you need to find a place to live now while your credit is decent. We suggest that you submit rental applications as quickly as possible. Many people are actually renting bigger and better homes, sometimes even in the same neighborhood.

Many homeowners will stay in the house to the last minute thinking that they are saving money. This could actually cost them money for various reasons and by that time, they may not qualify to rent a new house. If the house goes to foreclosure for $150,000 plus attorney fees etc. and the house could have sold for $90,000, it cost the homeowner $60,000 to live there. Remember everyone’s circumstance is different and you need to make sure to protect you and your family.

What’s the next step for me?

Take Action Now by calling us at 407-888-3433 or call the Sell Fast Realty Agent who provided you with this Special Report. You can also go online at www.SellFastRealty.com or www.FreeFactsAboutForeclosure.com and fill out the contact information. Please be sure to fill out the form completely for a quicker response. We will contact you personally within 24 hours to tell you how our expert short sale team can relieve your stress….. Our #1 Focus is YOU! I am honored that I can educate you with the true facts about foreclosure and we can see if the HAFA program is for you. I am sure you have some more questions after reading this Special Report and we look forward to discussing them with you on a personal and confidential call with you.

Kimberlee Frank

Real Estate Broker & Short Sale Negotiating Expert

407-888-3433

www.shortsalenegotiating.com

How will my credit be affected on a Short Sale, is there any advice you can give me?

Kimberlee Frank (Sell Fast Realty) — Tue, 08 Nov 2011 12:33:03 -0800

How will my credit be affected on a Short Sale, is there any advice you can give me?

Disclaimer: I am not a credit expert and I am responding to you based only on my understanding of the affects on credit. Making late payments on any debt will lower your credit score based on the amount of days you are late on your payment. It is my understanding that on average, a short sale on your credit report is a negative 150 FICO points versus a foreclosure on your credit report is a negative 250 FICO points.

Please note that these figures change on a regular basis. I highly recommend that doing a short sale is better than letting the house go to foreclosure. If your house goes to foreclosure, it will be 5 to 7 years before you can purchase another home. The short sale on a credit report versus a foreclosure shows good intention on your behalf. You took action against the debt and negotiated a settlement versus just walking away. A short sale also allows you to clean up your credit with the possibility of purchasing a new home after 2 years. I do refer you to a credit counselor after selling your home on a short sale.

My friends keep telling me to do a loan modification. Are there any benefits of a loan modification versus a short sale?

The most obvious benefit of a loan modification (loan mod) is that you get to keep your house. Many people want to do a loan mod because they want to keep their house. The drawback on a loan mod is that most lenders will adjust your payment; however, they will not adjust the balance of the loan on the property down to the current market value.

Loan mods are free through the lenders and I would recommend if you are interested in keeping your house that you attempt the loan modification yourself. Please be aware you will have to be very persistent and very patient to go through the extremely lengthy loan modification process.

During the loan modification process, will the lender stop all foreclosure action against me?

I cannot guarantee they will, since most of time once the lender has paid an attorney to do their job, the attorney will continue on with foreclosure process. The lender still has the right to continue with the foreclosure action against you. Many times the homeowner can’t afford the loan modification given to them from their lender.

Should I do a Deed in Lieu of Foreclosure?

Lenders want money not your house. A Deed in Lieu of Foreclosure gives the property back to the first mortgage company who may or may not waive a deficiency judgment. If there is a second or third mortgage on the property, you probably don’t qualify because you cannot provide clear title to the first lender. In addition, if they did take the Deed in Lieu of Foreclosure, you would also receive a deficiency judgment for the second and/or third mortgage. When you received a mortgage on your property you also gave the lender a mortgage note. You promised to pay this debt with or without the property being attached as collateral.

What’s the next step for me?

Sell Fast Realty - Short Sale Experts: How are we different from other Realtors?

Kimberlee Frank (Sell Fast Realty) — Sun, 06 Nov 2011 22:17:26 -0800

How is Sell Fast Realty different from other Realtors?

I understand my sellers’ needs because I, too, have been down the foreclosure road. I can tell you life does get better when you decide to make a decision. Making a decision that is best for you and your family is a huge relief!! I know how you feel when you start receiving all of the telephone calls, the amount of worry and stress that you and your family have to endure during these times. So, if you want to know from someone who has been there, done that, and has the T-shirt to prove it……oh, and survived it…..then that would be me. And, that is why Sell Fast Realty works so hard for you, because I know your pain!

We understand all the ups and downs and that is why we love to help sellers because life is too short to fight with the lenders. Money is the #1 reason why families fight and why couples get divorced. We make sure the lenders know that you are a person and not just a file number. Many of the people working at the mortgage companies really don’t care about your situation, as they are overwhelmed with the number of people in the same situation as you. We treat each and every family with care and make sure the lender knows you are a person not a file number.

The difference in working with me and my Sell Fast Realty team is that I have been in real estate since 1998. We work daily with sellers who are in foreclosure. We are short sale experts who have direct numbers to the managers and supervisors of the lenders. So we don’t have to wait on that 800 number on hold forever. We know the exact words to say and know what type of package to send into the Lender to get your short sale through faster.

Just because a Realtor can list and market your property doesn’t make them a short sale expert. Many Realtors outsource their short sales for another company to negotiate, as we receive a lot of referrals. We personally negotiate your short sale; we are not a huge corporation, we work personally with you one on one. You always know the status of your short sale. We have closed over 500+ real estate transactions with homeowners just like you. When dealing with Sell Fast Realty, you will surely know that you are in good hands. Our #1 Focus is YOU!

What qualifies Kimberlee and her Team as Short Sale Experts?

Kimberlee Frank is known as "The Real Estate Junkie," for her unique ability to find ways to creatively help buyers and sellers no matter which direction the real estate market is heading. Kimberlee had already worked as a legal administrator for an Attorney, Builder and Broker for 18 years when she began her Real Estate career in 1998. She dotted the i's and crossed the t's on hundreds of real estate transactions and thousands of documents, making her an expert in real estate documentation. Kimberlee's success began in Fenton, Michigan. She specialized in selling, purchasing, renovating, retailing and lease optioning single-family homes. She has helped many sellers get rid of their "headaches" and helped many buyers find their dream homes!

Since 2003, she has specialized in foreclosures and short sales. After realizing how many families were being forced out of their homes due to financial difficulties, Kimberlee had a heartfelt obligation to use her experience to help those families. She has mitigated and closed over 500 short sales with the mortgage companies, saving sellers from going into foreclosure and saving her sellers over $37 million….and counting! In 2006, Kimberlee and her family moved to Florida. She lives in Oviedo and her Sell Fast Realty office is in Winter Springs, serving residential and commercial sellers and buyers in multiple counties throughout Central and Southern Florida.

Kimberlee is also a Trainer and Mentor and has created several different "How To" systems on real estate. Her unique strategies continue to educate real estate professionals across the country, giving them the best tools to continue helping families. If you have a proven system to help others out of hardship, why wouldn't you duplicate it and share it with as many people as you can? Kimberlee continues to work with this philosophy!

Kimberlee Frank has been featured on ABC, NBC, FOX, CBS as well as Wall Street Journal, Newsweek, USA Today and numerous other publications. She is the bestselling author of "Big Ideas for Your Business" (Advantage Media 2009). She was also selected as the #1 Short Sale Expert by America's Premiers Experts.

What’s the next step for me?

Take Action Now by calling us at 407-888-3433 or call the Sell Fast Realty Agent who provided you with this Special Report. You can also go online at www.SellFastRealty.com or www.freefactsaboutforeclosure.com/ and fill out the contact information. Please be sure to fill out the form completely for a quicker response. We will contact you personally within 24 hours to tell you how our expert short sale team can relieve your stress….. Our #1 Focus is YOU! I am honored that I can educate you with the true facts about foreclosure. I am sure you have some more questions after reading this Special Report from Sell Fast Realty and we look forward to discussing them with you on a personal and confidential call with you.

Kimberlee Frank

Real Estate Broker & Short Sale Negotiating Expert

407-888-3433

www.shortsalenegotiating.com

How do I qualify for a Short Sale...here's how!

Kimberlee Frank (Sell Fast Realty) — Sun, 06 Nov 2011 21:45:26 -0800

How do I qualify for a Short Sale?

To submit a short sale request, you need to have a hardship, a buyer, and the lenders require that you have the house listed with a Realtor. Your offer from your buyer, along with your financial information, is submitted to your lender for their review to determine if you qualify for a short sale. There are different types of short sale programs which I will discuss in other paragraphs in this Special Report. Many homeowners have been informed by their lender that they should sell their property on a short sale. However, many real estate agents aren’t even taught how to conduct a short sale or how to price the house properly in order to find a buyer. When you choose the wrong real estate agent, they never find a buyer or they aren’t able to short sale the property at market value and then your house goes to foreclosure. If you don’t have a buyer, then the lender will not even consider the short sale. At Sell Fast Realty, Our #1 Focus is YOU! Once we have your buyer, then you will have to provide the lender with a full financial packet and your short sale begins.

How severe does my Hardship have to be to receive a Short Sale?

First of all a hardship is a hardship. Many people right now have the same hardship reasons as you: reduced hours/pay at work, doctor bills, adjustable rate mortgages, insurance premiums increased, escrow accounts increased, divorce, relocation, two house payments, illness, etc. However, the lender is the only one who can qualify you or your house for a short sale. Having our team of short sale experts who know the in’s and out’s of short sale process will greatly increase your success in getting your short sale approved.

Do I need to be 4-5 months behind on my mortgage payments before the lender will even let me do a short sale?

No, you do not. I have started working with homeowners who were current on their payments but they knew that in the next 30 days they would be behind. The lenders need a hardship, so once you have a hardship and you have missed your first payment, then they understand that a hardship exists. However, the lender will typically start legal actions against you within the 4 to 5 month timeframe.

What’s the next step for me?

Take Action Now by calling us at 407-888-3433 or call the Sell Fast Realty Agent who provided you with this Special Report. You can also go online at www.SellFastRealty.com or www.freefactsaboutforeclosure.com/ and fill out the contact information. Please be sure to fill out the form completely for a quicker response. We will contact you personally within 24 hours to tell you how our expert short sale team can relieve your stress….. Our #1 Focus is YOU! I am honored that I can educate you with the true facts about foreclosure and we can discuss if you qualify for a Short Sale. I am sure you have some more questions after reading this Special Report and we look forward to discussing them with you on a personal and confidential call with you.

Kimberlee Frank

Real Estate Broker & Short Sale Negotiating Expert

407-888-3433

www.shortsalenegotiating.com

Stress of foreclosure: I can’t take it anymore…what should I do?

Kimberlee Frank (Sell Fast Realty) — Sun, 06 Nov 2011 21:36:53 -0800

I can’t take the stress of Foreclosure anymore…what should I do?

Become educated and make a decision. I remember waking up in the mornings after a sleepless night, praying that this was all just a bad dream. I fought with everyone from my husband, kids, mother and even the dogs. I was so sick over everything, I even lost a kidney. I realized the fact that I was throwing good money after bad. The stress of foreclosure will do everything it can to take you out! What I found to be the most helpful was that I made a decision and stuck to it. I had to accept being happy where I was for the time and believe that everything was going to be alright. I wasn’t raised to be a person who walks away from my responsibilities; however, I had to look at the big picture. I wasn’t the only one in this situation; LOTS of people are living the same nightmare!

I started attending church more often and reading the Bible every evening. My faith got me through all of the mess. I had the background and knowledge of how to do a short sale, a bankruptcy, and/or save my home; however, when it came to helping myself make a decision, it was one of the hardest things in my life. I had several rentals that I fought to save and spent thousands of dollars in the process. In the end, I short saled the properties and THEN filed bankruptcy. I even separated from my husband of 21 years. If only I would have made the decision a lot sooner, I may have saved my marriage and avoided great financial loss. Thanks to God, I have fully recovered from all of my losses and I am right back on track where I want to be! I would recommend the following reading to help during this crisis:

The Bible – this Book will build your faith
Join a church – You are welcome to join me at The Master’s Touch International Church at 555 Markham Woods Road, Longwood, FL 32779, phone number is 321-304-4111 (non-denominational, people travel from several counties to attend weekly). Sunday services are at 9am and 11am, and Tuesday evening service is at 7pm. I am at the 9am service, and would love to see you there, please find me and introduce yourself! Come and grow your faith!
Who Moved My Cheese – this book will help you understand the economy
The Five Love Languages – this book will help you understand your individual family members and how to communicate better.

What’s the next step for me?

Take Action Now by calling us at 407-888-3433 or call the Sell Fast Realty Agent who provided you with this Special Report. You can also go online at www.SellFastRealty.com or www.freefactsaboutforeclosure.com/ and fill out the contact information. Please be sure to fill out the form completely for a quicker response. We will contact you personally within 24 hours to tell you how our expert short sale team can relieve your stress….. Our #1 Focus is YOU! I am honored that I can educate you with the true facts about foreclosure an take away the stress of foreclosure. I am sure you have some more questions after reading this Special Report and we look forward to discussing them with you on a personal and confidential call with you.

Kimberlee Frank

Real Estate Broker & Short Sale Negotiating Expert

407-888-3433

www.shortsalenegotiating.com

Should I save my home and fight the foreclosure?

Kimberlee Frank (Sell Fast Realty) — Sat, 05 Nov 2011 23:44:50 -0700

Should I save my home and fight the foreclosure?

You may be struggling with this question. Should I try and save my house? If you can afford to stay in your house at a comfortable payment, then I can refer you to a non-profit organization that will help you fight the foreclosure. Your monthly payment will be paid directly to that organization and they will provide you with your own attorney. There is no guarantee that they will be able to help you keep your house. Sometimes, sellers will end up doing a short sale anyway. However, there are several things that they look for regarding your purchase of the house which may work in your favor. Did your lender do everything right? Is there any fraud that can be exposed in your defense? You can go to www.frfvideo.org for more information. Only you can make the decision whether you want to stay in your home. Please consider some of these things:

Can you afford a monthly payment equal to the current value of the house?
How long do you think it will take for the economy to turn around and recover to the point where the value of the house returns to the purchase price when you first bought the property?

When can I buy a home again?

I have seen sellers who have purchased a home using conventional financing as early as 2 years after filing bankruptcy and/or conducting a short sale. The mortgage industry is changing daily and there are many variables to consider. I have private lenders (individuals) who are willing to finance owner occupants that have 20% down. Many sellers decide to purchase a home as a lease options and/or just rent until they are able to repair their credit.

What’s the next step for me?

Take Action Now by calling us at 407-888-3433 or call the Sell Fast Realty Agent who provided you with this Special Report. You can also go online at www.SellFastRealty.com or www.freefactsaboutforeclosure.com/ and fill out the contact information. Please be sure to fill out the form completely for a quicker response. We will contact you personally within 24 hours to tell you how our expert short sale team can relieve your stress….. Our #1 Focus is YOU! I am honored that I can educate you with the true facts about foreclosure. I am sure you have some more questions after reading this Special Report and we look forward to discussing them with you on a personal and confidential call with you.

Kimberlee Frank

Real Estate Broker & Short Sale Negotiating Expert

407-888-3433

www.shortsalenegotiating.com

Bankruptcy vs Short Sale or Foreclosure

Kimberlee Frank (Sell Fast Realty) — Sat, 05 Nov 2011 23:30:14 -0700

Should I file Bankruptcy?

There are different types of bankruptcies. There is a Chapter 7 that will discharge you from all your debts; qualification will depend on how much is owed and your income. Then there is a Chapter 13 which is a 3 to 5 year re-payment plan for your debts.

A bankruptcy prior to a short sale does not help you with getting a fresh start because the lender will still have to do the full foreclosure process to get title back to the house. A bankruptcy will eliminate the debt that is owed. However, many people want a fresh start now and they don’t want to wait until their lender forecloses in order to start cleaning up their credit and moving forward with their life.

Sell Fast Realty has worked with many bankruptcy attorneys that recommend to their clients to sell the house first on a short sale then, if needed, file bankruptcy. Some sellers are only behind on their house payments and the rest of their bills are current. I do recommend that you attempt a short sale prior to filing bankruptcy. We do have referrals for bankruptcy attorneys.

Can I Short Sale the house after a Bankruptcy?

Yes you can! The most important part of selling your house after a bankruptcy is to make sure you have the right real estate agent and negotiator working on your behalf. When Sell Fast Realty does a short sale in which the seller had included their house in the bankruptcy, we obtain a full satisfaction of the loan, which means NO deficiency. Our #1 Focus is YOU! You will still need to provide financial information even though the lender can’t come after you for the debt. HOWEVER, if you use the wrong real estate agent that is not familiar with the short sale process and you only receive a lien release, the mortgage note becomes valid again which means you have reaffirmed on that debt and you are now liable.

What’s the next step for me?

Take Action Now by calling us at 407-888-3433 or call the Sell Fast Realty Agent who provided you with this Special Report. You can also go online at www.SellFastRealty.com or www.freefactsaboutforeclosure.com/ and fill out the contact information. Please be sure to fill out the form completely for a quicker response. We will contact you personally within 24 hours to tell you how our expert short sale team can relieve your stress….. Our #1 Focus is YOU! I am honored that I can educate you with the true facts about foreclosure an take away the stress of foreclosure. I am sure you have some more questions after reading this Special Report and we look forward to discussing them with you on a personal and confidential call with you.

Kimberlee Frank

Real Estate Broker & Short Sale Negotiating Expert

407-888-3433

www.shortsalenegotiating.com

Short Sale versus Foreclosure - Seller sells Kissimmee Florida Home

Kimberlee Frank (Sell Fast Realty) — Mon, 17 Oct 2011 16:11:07 -0700

Short Sale versus Foreclosure. Seller sells Kissimmee Florida Home after leaving the home vacant with the help of Sell Fast Realty listing and negotiating the short sale.

Ken had been trying to sell his home prior to listing with Evelyn Good at Sell Fast Realty for sometime on his own. He went to www.SellFastRealty.com and clicked on Sell My House Florida. It was easy for Sell Fast Realty to obtain a buyer on this property within 2 weeks. However, the house had been vacate for sometime so once we received the short sale approval on the property, the buyer needed to have an inspection.

Our contracts that are signed by the Sellers and Buyers always have the following language to protect our Sellers 1)This offer is subject to the Mortgage Companies taking a discount acceptable to the Sellers and waiving the deficiency judgment and 2)Buyer will be responsible to turn on the utilities for inspection.

The Buyer went to have the water turned on and found out that there was a water usage bill do in the amount of $42.00 which the Seller agreed to pay. The Buyer had their inspection on the property and found several things wrong with the property. Since the Buyer was obtaining FHA financing, the Buyer was required to make the repairs pursuant to the verbage that I included on the contract.

After all the repairs where made we were getting ready to go to closing then BAM! - 3 other liens showed up on title. Two liens were for mowing the grass($550.00) and the other lien was a Target Visa Judgment that was against the Seller in the amount of $4,200. I contacted the Mortgage Company's Mitigator(Negotiator) and was informed that the Mortgage Company would not pay for the liens. I didn't take no for an answer. (Go www.SellFastRealty.com and click on Using a Realtor to Sell a House Fast Tab)

The Buyer was upset that they spent money on a house and now there were 3 more liens that needed to get cleared up prior to closing. The Mortgage Broker and the other realtor was willing to contribute money towards the liens to sell the property but I didn't want them to do that when I knew I could get the the Mortgage Company to pay these liens in order to sell the property.

First, I needed to call the Attorney for the Target Visa Judgment and negotiate a settlement. The loan had been transferred to another attorney who said "the entire amount needs to be paid off". I laughed and said I wish they could but you see, the first mortgage is taking a discount, the second mortgage is taking $3,000 and the first Mortgage Company will not allow you to get paid 100% on this Judgment. I informed them that this was a HAFA program and the most they could get was 6% which equals $252.00. The Attorney said "NO". I then called Target Visa department and got a hold of their legal department who gave me a supervisor. The supervisor and I did a conference call to the Senior Attorney handling the collection of the Visa Judgment and he agreed to accept the $252.00. I told him about the conversation I had with the other attorney in his firm and he said because I knew someone at Target Visa was the only reason that I got this approved. In other words, because I knew what I am doing I got my short sale approved.

The Seller and the Buyer closed with the Realtors and the Mortgage Broker receiving full payment for services rendered. We have in-house negotiation which allows our Sellers to relax and let us do all the short sale negotiating for them without having all the worries.

I teach short sale negotiating and I have a 9 CD series available at www.ShortSaleNegotiating.com with examples of how to get your deals done. I have saved Sellers over 37 Million Dollars and counting.

Below is the Video of the Seller - Ken who was excited to say good-bye to his home before the 2012 Deadline of not having pay taxes on the short fall amount.

www.youtube.com/watch?v=w8S76QJ0zr8

Let's all work together as a team and help Sellers, Buyers, Realtors and Mortgage Brokers when it comes to selling and buying houses. We all need to help sellers conduct a short sale versus foreclosure.

Saving Sellers $37 Million and Counting!!!

Kimberlee Frank

www.SellFastRealty.com

www.ShortSaleNegotiating.com

(407) 888-3433

Foreclosure mistakes by banks allowed these Sellers to win with a short sale

Kimberlee Frank (Sell Fast Realty) — Tue, 20 Sep 2011 13:55:38 -0700

Have you heard that the Banks make foreclosure mistakes when they foreclose on Sellers? Well, they do! On Monday, September 19, 2011, Sell Fast Realty assisted Sellers who thought that the bank had taken their property to foreclosure and they didn't own it any more by selling the property on a short sale. Let me tell you what happened.

The Sellers had their property for sale with Sell Fast Realty for over a year during the time when 60 minutes announced all the Banks foreclosure mistakes. We had a buyer and were working the short sale, however; the bank did not want to do the short sale and took it to foreclosure. At least, that is what they thought. After several months from the time of the foreclosure, the house was then listed with an REO (real estate owned) Agent to sell. The REO Agent spent money to repair the property because the agreement with the bank is that the agent would receive payment back for all repairs done to the property when the property was sold. As to how much the agent spent, I am not sure but I sure would have hated to be that agent. A Selling Agent found the Buyer and made an offer to the Bank and they accepted. The Buyer spent money on inspection and appraisal to get a mortgage and later found out from the title company that the Bank did not have clear title due to their foreclosure mistakes. The foreclosure action was then rescinded which meant that the Sellers were still the legal owners.

My Sell Fast Realty Agent, Evelyn Good, was following the property as it was her listing and she immediately noticed that something seemed wrong. She checked the court records and found out that the Bank who made a huge foreclosure mistake had rescinded the sale and immediately contacted me. After reviewing the information, I informed Evelyn Good to go get the listing and let's sell it fast as we always do. She went back to the Sellers, immediately got the listing and we placed it on the market. Within 2 weeks we had several buyers. The Sellers signed a contract with the same buyer who was trying to buy it from the bank for less than what she was willing to pay before.

Minor repairs were needed in the property in order for the buyer to obtain FHA financing on a mortgage. The buyer agreed that she would pay for all the repairs which totalled up to a $1,000 or less. The buyer asked that the Sellers do the repairs, however, Sell Fast Realty does not have the Sellers do the repairs unless they have the money and these Sellers didn't! When it came time to have the utilities turned on, there was an outstanding water bill due to someone tampering with the water. The Buyer paid the $240.00 in order to get the utilities turned on. Again, the Sellers are in foreclosure and they have no money.

The closing was on Monday, September 19th after two short sale approvals extension due to the fact that the buyer's new mortgage company couldn't close on time. The Sellers received no money on the property, as they did not qualify for the HAFA program which could have given them $3,000 because they vacated the property for over 1 year. However, Kimberlee Frank of Sell Fast Realty did get them a full satisfaction on the loan from what the bank agreed to take as a short sale from what was owed on the property and the bank waived the deficiency judgment. In spite of the bank's foreclosure mistakes, it turned into a win-win!

Here is the testimonial from the seller: http://www.youtube.com/watch?v=d2yG5OZY6AE

If you are a Seller and your property has gone to foreclosure, I ask that you check the court records and see who owns it? Did your Bank do the same thing to you and make a foreclosure mistake? Did the Bank rescind the foreclosure sale? If you need help to find out if you still own the property, feel free to contact www.SellFastRealty.com or call 407-888-3433.

Know all your options about Short Sale versus Foreclosure, go to www.FreeFactsAboutForeclosure.com and download your Free Special Report. This report always discusses how you can Save your Home!

In conclusions, Banks foreclosure mistakes allow Sellers to have a fresh start. If it wasn't for Evelyn Good's knowledge, experience and kind heart, these Sellers would have never known until the bank started to sue them for what was owed on the property in the future. They don't have to worry whether the bank can come back after them on a deficiency judgment for 25 years. As a Broker, this is the knowledge and experience that I teach all of my agents when working for Sell Fast Realty Our #1 Focus is YOU!

Kimberlee Frank - Licensed Real Estate Broker and Expert Negotiator

(407) 888-3433

Seller Sold Florida Short Sale house with Full Satisfaction

Kimberlee Frank (Sell Fast Realty) — Tue, 13 Sep 2011 18:22:59 -0700

for large difference owed to Citimortgage on his home loan. He started off last year using an in experienced Realtor to sell his house on a short sale. After months and months working with that Real Estate Agent, he was referred to Kimberlee Frank at Sell Fast Realty. I have done over 500 short sales and teaches realtors how to do short sales. After receiving the file we had found out that the listing agent didn't even meet the appraiser from the bank which ended up with a very high value on the property. We couldn't sell the property until we provided proof to the bank that the value they had was INCORRECT.

After a couple of months of working with Sell Fast Realty, we finally got the bank to agree to the purchase price of $130,000 allowing the Seller to sell the property. There were two mortgages on the property and the Seller received a no deficiency judgment which is a full satisfaction of the loan. The first realtor made a major mistake by not meeting with the realtor/appraisal from the bank. The value of the property came back too high. The buyer who had been waiting now for several months was able to purchase the property and close using our services.

How does a Buyer buy a short sale house?

Make sure that the listing agent is experienced in the short sale field. Ask them if they have every done any short sales before? Ask them if they negotiate their own short sales or they have someone else handle it.

Both Sellers and Buyers were happy that they used Sell Fast Realty and highly recommends us to anyone interested in selling on a short sale or buying a florida property. You can see their testimonials at www.SellFastRealty.com/testimonials

Look forward to sharing more information me you all in the future.

Kimberlee Frank