coral springs short sale realtor: What can a Seller expect when Selling home as a Short Sale? - 06/01/12 05:36 PM
What can a Seller expect when Selling home as a Short Sale?
Selling a home as a Short Sale can allow a homeowner to escape Foreclosure and to get on with their life in hopes of rebuilding their life and their credit.
1. Having a financial hardship tends to be the best way in which to gain Short Sale approval from your Lender yet it is not the only way. Without a hardship a financial contribution from the Seller should be anticipated. With a hardship, the sellers hardship will need to be backed up by documentation of hardship plus financial statements provided … (2 comments)
|
coral springs short sale realtor: How can I avoid Foreclosure in South Florida? - 05/31/12 04:06 PM
How can I avoid Foreclosure in South Florida? This is a common question when you're a distressed Seller trying to avoid foreclosure. You know you have to do something about your home that's facing foreclosure but where do you start?
First and foremost, you need to contact a Realtor who has been specializing as a South Florida Short Sale Specialist over the last several years; one who consults homeowners in avoiding foreclosure through a short sale. You want to make sure that your Realtor has received the proper training and is knowledgeable in the negotiations of short sales. Many Realtors haven't received the … (2 comments)
|
coral springs short sale realtor: Will you be the lucky one with Bank of America's Short Sale Incentive? - 05/20/12 03:36 PM
Will you be the lucky one with Bank of America's Short Sale Incentives?
Bank of America had initiated the Florida Enhanced Short Sale Relocation Program offering the same cash incentives to it's Sellers from roughly $3000 to $25,000. WOW! Who wouldn't love to receive such an incentive to move from your home as a Distressed Seller just to sell your home as a Short Sale? You can imagine the line of people.
I had several South Florida homeowners who were anxious to cash in as we had been provided with an exact dollar amount that they would receive … (2 comments)
|
coral springs short sale realtor: A South Florida Short Sale Realtor - Consult with one now and don't just walk away - 05/18/12 01:43 PM
A South Florida Short Sale Realtor - Consult with one now and don't just walk away
I posted a similar post originally back in 2007 and 5 years later as we continue to struggle economically, distressed Sellers continue to consider their options on whether to short sell their homes.
Check the FACTS concerning what to do when you think you can't afford your home and the mortgage payments. Too many spew incorrect information that can adversely affect a distressed Seller. Make sure you're getting your answers from a knowledgeable and skilled Agent. Lenders and Banks do not want to own your … (0 comments)
|
coral springs short sale realtor: What's it like to sell your home as a Short Sale? - 04/28/12 09:50 AM
What's it like to sell your home as a Short Sale?
Have you been thinking about selling your home as a Short Sale? Do you want to know what's it like to get to your end goal of Short Sale Approval and closing on your Short Sale?
As a South Florida Short Sale Specialist who has been representing distressed Sellers for many years now, each Short Sale Closing will likely be bittersweet as I just closed on another South Florida Short Sale. Most homeowners do not want to sell their home as a Short Sale and it likely took them quite some … (0 comments)
|
coral springs short sale realtor: "I think I picked the wrong Realtor" - 04/24/12 01:48 PM
"I think I picked the wrong Realtor"
Disheartening words coming from a shaken distressed homeowner trying to short sell their South Florida home.
I was contacted by a Short Sale Seller who had been trying to avoid foreclosure when they had hired a Realtor to help them to short sell their home here in South Florida. They had found me online, too late & after the fact of hiring their current Realtor. They wanted to know how to stop their foreclosure auction sale date. I asked, who is representing you with your Short Sale? (Apparently there was a Short Sale … (2 comments)
|
coral springs short sale realtor: Coral Springs Home Sales Market Report for March 2012 - what's selling in your neighborhood? - 04/20/12 03:40 PM
Coral Springs Home Sales Market Report for March 2012 - what's selling in your neighborhood?
Coral Springs single family home sales Increased this month by over 66% to 89 homes sold - WOW - we love seeing a bustling homes sales market when you're trying to sell your home.
Of these Coral Springs homes listed for sale below, Sellers who completed a short sale were at almost 25% which is below last months Short Sales of 32%. We did see a large drop of REO/Bank owned sales down to less than 12% which is a large decrease from last month's … (0 comments)
|
coral springs short sale realtor: Plop Plop Fizz Fizz oh, what a Relief it is - 04/17/12 01:37 PM
Plop Plop Fizz Fizz oh, what a Relief it is
This popular phrase was coined by Alka Seltzer for the relief of indigestion. Indigestion defined as, " Inability to digest or difficulty in digesting something, especially food"
When selling your home one could say that it is possible to suffer from Indigestion; that "...difficulty in digesting something..." That "something" can certainly be something that the Distressed Seller goes through.
Could a Short Sale be coined the Alka Seltzer of Real Estate? I think it could. I've been representing Distressed Sellers for many years now as a South Florida Short Sale … (3 comments)
|
coral springs short sale realtor: Think you can go on Listing presentations while your Assistant negotiates your BofA Short Sales? - 04/02/12 04:18 PM
Think you can go on Listing presentations while your Assistant negotiates your BofA Short Sales?
Is your Assistant a licensed Real Estate Agent?
How about going on Listing presentations while the processor at the Title Company negotiates with Bank of America for your Seller's Short Sale?
Is the Title Company processor also a licensed Real Estate Agent?
Effective April 14, 2012, only licensed Real Estate Agents and not their assistants can negotiate with BofA for any Short Sale.
This won't affect me as I negotiate my own Short Sales however I know a lot of Agents who hand off this process to non-licensed individuals. Yet, I … (3 comments)
|
coral springs short sale realtor: You should have taken better care of me! I trusted you. - 04/02/12 02:31 PM
You should have taken better care of me! I trusted you. You told me you were a professional. After all, you took on my home to sell it as a Short Sale. I thought you knew how to sell Short Sales? How did you let this happen to me?!
Oh boy, the questions all making reference to just "How could you let this happen?!"
These are likely questions made by the South Florida homeowner who has been trying to sell their home as a Short Sale since 2010.
There was no method to the pricing strategy or should I say lack … (6 comments)
|
coral springs short sale realtor: Short Sale for Sellers - Chapter 1 Again - 03/30/12 10:00 PM
Back in 2008 I posted this and I thought I'd bring it back to life as it has some good basics for distressed Sellers when they want to Short Sell their homes.
So you've been hearing about Short Sales as a possible way to avoid foreclosure. But you're asking what is it and how do you qualify? Good questions.
First let's look at "What is a Short Sale?" You may have heard this before but lets not assume that everybody looking in here knows the answer. We'll get into more detail shortly.
A Short Sale is when … (3 comments)
|
coral springs short sale realtor: Are you upside down on your Home? - 03/29/12 03:06 PM
Are you upside down on your Home?
You owe $350,000 on your home yet, it's only worth about $220,000. What can you do?
This is an all too common complaint from homeowners here in South Florida. We hear some say the economy is getting better and others say it is not; who are you supposed to believe? Are the unemployment numbers really accurate? What about those that have given up looking? Remember when the Foreclosure madness was put on hold while Lenders made sure fraudulent foreclosures weren't continuing? When will the foreclosures that had been put on hold hit the Real … (0 comments)
|
coral springs short sale realtor: Ahh...She said - 03/16/12 06:40 PM
Ahh...She said. Yes, it's true, as I experienced another "Ahh" moment when I successfully closed on another South Florida Short Sale and on a Friday.
It was a Bank of America Short Sale.
We received a contract within 2 weeks on the market. (Must have been priced right) The home had no great features, far from it, other than being located close to a popular downtown cafe & shop area, just 2 blocks away.
Contract was submitted to Lender, Bank of America, for HAFA Short Sale approval and within 60 days we received HAFA approval with no counter offer as Lender fully … (6 comments)
|
coral springs short sale realtor: Coral Springs Short Sale Realtor - Consult with one and just don't walk away - 03/10/12 02:44 PM
I posted this back in 2007 and I thought I'd enliven it today as it remains relevant.
Coral Springs Short Sale Realtor - Consult with one and just don't walk away.
FACTS concerning what to do when you think you can't afford your home and the mortgage payments
Lenders and Banks do not want to own your home. This is proving to be more and more true. A Short Sale Realtor can consult you on your number of different options and what's best for you. Do you qualify and what do you need to do Get FREE advice and don't … (3 comments)
|
coral springs short sale realtor: Let your catastophe be your catalyst for change - 03/08/12 03:14 PM
Let your catastrophe be your catalyst for change.
What's your catastrophe? A divorce, job loss, reduced income, health problems, death in family or a past adjustable mortgage interest rate? These are all too common catastrophes facing many South Florida homeowners so you know you're not alone. However, knowing that you're not the only one facing these events certainly doesn't lessen the catastrophe or the pain it causes yet it may provide you with some hope knowing that perhaps your chances for change may be greater in numbers.
Do you know about Short Sales? Are you asking, "What is a Short Sale?". Short Sales have become a prevalent force … (2 comments)
|
coral springs short sale realtor: Looking Back...Why Short Sales? - 03/05/12 05:02 PM
Looking Back . . . Why Short Sales?
Getting ready to close on another Approved South Florida Short Sale, I've been looking back over the past years recalling on the many Short Sale moments that I've experienced as a South Florida Short Sale Realtor. Thinking....why did I decide to help the distressed homeowner, why did I go against everybody's advice to avoid specializing in Short Sales and why do I continue to represent Sellers as a Short Sale Realtor?
The decision was pretty easy when I made the decision to specialize in Short Sales many years back. I saw the pain … (6 comments)
|
coral springs short sale realtor: Late on Mortgage Payment? 4th Qtr reports you're not alone - 02/18/12 04:12 PM
Late on Mortgage Payment? 4th Qtr reports you're not alone.
You will find that typically 4th Qtr reports will show a rise in mortgage delinquencies as Sellers often use the monies they had set aside for the mortgage to pay for other things at the end of a year during the 4th Qtr.
Florida remains to be one of the states with the highest rate of delinquency where its rate was down from a year ago 2010 but only to 14.27% from 2010's rate of 14.50.
This is not welcoming news as the South Florida economy continues to struggle affecting many … (5 comments)
|
coral springs short sale realtor: Coral Springs Short Sale Realtor continues to help distressed Sellers in South Florida - 02/10/12 07:30 PM
As a Coral Springs Short Sale Realtor who has been listing and selling homes for sale as a Short Sale for many years now, there really is no greater joy than saving a distressed Seller from foreclosure. Times have been tough and Coral Springs Distressed Sellers along with all South Florida Distressed Sellers need somebody on their side that they can trust to help them sell their home as a Short Sale. If you're not sure whether or not a Short Sale is right for you, please call me and we can discuss your options. And remember I earn my fee once … (0 comments)
|
coral springs short sale realtor: Are you being pestered by Should I stay or Should I go? - 01/28/12 01:43 PM
Are you being pestered by Should I stay or Should I go?
Selling your home in Coral Springs and other South Florida towns? What is badgering you while you try to decide on whether or not you should stay or go?
Are you moving up because you and your family are bursting at the seams? If you're bursting at the seams and you want to move to a larger home, you couldn't have picked a better time to move when home prices are at attractive low prices This move will be dependent upon how you're sitting with your current home: Do … (0 comments)
|
coral springs short sale realtor: Take a Mulligan and sell your home as a Short Sale - 01/12/12 07:46 PM
Take a Mulligan and sell your home as a Short Sale.
Mulligans are famous on many South Florida golf courses when you miss a shot you'll then be given another shot when your first shot comes up short and your first shot won't be counted and they won't worry about it too much; a Mulligan. In golf, your second shot comes up with the next swing or putt. With a Short Sale, you'll get your second shot [or Mulligan] at home ownership perhaps earlier than you thought; dependent upon your financial situation when you sold your home as a Short Sale. Even if your financial situation has been simply trying to … (6 comments)
|
;)
;)
;)
