| |
buyers: Road Rage on US-417 - Mentorship to get you unblocked - 12/07/11 10:10 PM
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 … (0 comments)
|
buyers: Master Short Sales and Increase Your Income for 2011 - 11/13/11 01:05 PM
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 … (1 comments)
|
buyers: What is the difference of a “Full Satisfaction of Loan” versus a “Lien Release Only” Short Sale? - 11/13/11 12:15 PM
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 … (1 comments)
|
buyers: Deficiency Judgment or a 1099-C which should a Seller receive? - 11/13/11 12:10 PM
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 … (1 comments)
|
buyers: Does a Seller have to pay closings costs and Realtor commissions on a Short Sale? - 11/08/11 12:52 PM
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 … (0 comments)
|
buyers: HAFA Short Sale - Can I get $3,000 from HAFA to move? - 11/08/11 12:42 PM
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 … (0 comments)
|
buyers: How will my credit be affected on a Short Sale, is there any advice you can give me? - 11/08/11 12:33 PM
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 … (2 comments)
|
buyers: Sell Fast Realty - Short Sale Experts: How are we different from other Realtors? - 11/06/11 10:17 PM
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 … (0 comments)
|
buyers: How do I qualify for a Short Sale...here's how! - 11/06/11 09:45 PM
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 … (2 comments)
|
buyers: Stress of foreclosure: I can’t take it anymore…what should I do? - 11/06/11 09:36 PM
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 … (2 comments)
|
buyers: Should I save my home and fight the foreclosure? - 11/05/11 11:44 PM
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 … (5 comments)
|
buyers: Bankruptcy vs Short Sale or Foreclosure - 11/05/11 11:30 PM
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 … (2 comments)
|
buyers: Short Sale versus Foreclosure - Seller sells Kissimmee Florida Home - 10/17/11 04:11 PM
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 … (0 comments)
|
buyers: Foreclosure mistakes by banks allowed these Sellers to win with a short sale - 09/20/11 01:55 PM
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 … (2 comments)
|
|
|
|
|
|
Kimberlee Frank
Winter Springs,
FL
More about me…
Sell Fast Realty
Address: 130 West State Road 434, Winter Springs, FL, 32708
Office Phone: (407) 888-3433
Cell Phone: (321) 296-5176
Email Me
 Listings
Links
Archives
|
;)
;)
;)
