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realtor: Short Sale Disasters 101 - 02/04/11 02:05 AM
Imagine this screaming woman as a buyer, a seller, a Realtor...maybe it's YOU! I know we're in a bad economy and real estate is still operating at a level of about 10 below Rock, but seriously, does the short sale process have to be so heinous?
Picture this...a married couple gets a loan approval about three years ago based upon their ability to work overtime. The bank assures them that they can re-fi their property in two years and bring their mortgage payment down. Then the economy goes haywire, and their overtime is stopped. All this happens the year before they were to re-fi … (2 comments)
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realtor: Short Sales - Same Old, Same Old - 01/20/11 11:54 AM
Due to the current economy, I, like most Realtors, have had to deal mainly with short sales. I kee reading all these hopeful articles detailing how much the short sale process has improved when, in reality, it is barely better than it was a year ago. Sure, B of A has started their Equator.com, and Chase actually lets you talk to real people instead of just emails. But Wells Fargo certainly hasn't developed any better customer service - most of the negotiators I've dealt with only give you an email or, at best, a fax number by which to contact … (3 comments)
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realtor: GETTING SHORT SALE APPROVAL-AFTER ONLY SEVEN MONTHS! - 11/15/10 08:11 PM
Wow! We FINALLY got approval today on a short sale we've been working on for over SEVEN MONTHS! Thus far, we've lost three buyers, had to re-start the process four times, and then ended up telling the negotiator to tell the bank to go ahead and take the blasted property back - we were THAT tired of dealing with the horrific process that we have to go through to get short sale approval (yes folks, this was a B of A deal). You all know the drill. At the end of seven long months, the bank came back and said that … (4 comments)
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realtor: QUESTIONS DIVORCING COUPLES ASK US ABOUT DIVIDING THEIR REAL PROPERTY - 06/29/10 05:47 PM
Questions DIvorcing Couples Ask Us About Dividing Their Real Property.
My business partner and I are Certified Real Estate Collaborative Specialists-Divorce (RCS-D) Realtors. This is a specialized certification that is recognized by CAR (California Assocation of Realtors) and NAR (National Association of Realtors). We specialize in assisting divorcing couples in the division of their real property.
Most divorcing couples have no definitive knowledge of the legal aspects of dividing their homes. As such, they ask us a myriad of questions about the issues of divorce and real property. Here are some examples of the questions they ask:
"Do we have to … (0 comments)
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realtor: Don't Panic Because of Short Sales! - 06/21/10 08:07 PM
When our clients have to do a short sale, we tell them not to hit the panic button!
At Realty Partners, we have the expertise to help our clients get through a short sale as smoothly as possible. Being certified Short Sale Specialists helps, as does our familiarity with Equator.com. Our clients need expert guidance in order to get all their questions answered, so we work collaboratively with tax accountants, attorneys, bank, title, and escrow representatives, as well as other professionals in order to best serve our customers. We've found some great alternatives that help our clients not to panic because of short sales!
… (0 comments)
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realtor: What To Do When A Lender Doesn't Return Your Call Regarding A Short Sale - 03/28/10 06:55 PM
I recently read in the March/April edition of the California Real Estate Magazine what an agent did when she couldn't get a return phone call from a lender during short sale negotiations. She would start calling around the office building where her contact worked, because she knew that large firms usually have phone numbers that are listed in sequential order. If her contact's number was 5607 and she couldn't get a call back, she would dial 5606, 5605, etc. until she reached someone in the same department who could help her.
I have had this same problem on several occasions, so … (1 comments)
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Michele Ashbarry
San Diego,
CA
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Realty Partners
Address: San Diego, CA
Office Phone: (760) 440-9812
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