placentia short sales: Short Sales: A Quick Lesson (notes) - 07/15/11 08:23 AM
1)  VERY important that your Realtor requests Bank of America (or whatever bank they are dealing with) to include the following language in writing, "This will be considered a debt settled in full.  No further deficiencies will be pursued."
2)  The way to find out how many months someone is past due is to divide the total amount owed by their monthly payment.  Bank of America is not postponing foreclosures anymore if borrower is 12 months past due or more.
3)  One way to learn more about short sales is to go to Fannie Mae's website and click on "Know Your Options."
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placentia short sales: Short Sales Update May 2011 Yorba Linda Placentia and Orange County - 05/02/11 08:23 AM
I attended a seminar given by Allen Sealenbinder, VP of Portfolio Rentention with Bank of America, Western Region.  This seminar was held at Black Gold Golf Course in Yorba Linda, California at the end of April, 2011.
Here are some of the bullet points from this three hour seminar:
In a short sale, cash means nothing to the bank.  The highest net is all the bank cares about.  So, buyers agents calling saying their clients' offer is cash carries no weight as it might in a regular sale. Home owners under water need to worry about more than just the 1st … (1 comments)

placentia short sales: NIC PETROSSI (714) 272-3646 Placentia Short Sales - 10/28/09 08:01 AM
Call Nic Petrossi, your Placentia short sales and homes specialist.
If you are having problems making your payments, and you think you need to short sale your property, please call me at (714) 272-3646 or email at npetrossi@yahoo.com
 

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placentia short sales: Placentia Foreclosures List March 12, 2009 Nic Petrossi (714) 272-3646 - 03/12/09 04:41 AM
Placentia foreclosures, Placentia bank owned, Placentia reo, Placentia repo list as of March 12, 2009.
Call Nic Petrossi with Prudential for info on these properties or to access any of these Placentia Homes.
Nic Petrossi (714) 272-3646 cell
npetrossi@yahoo.com
www.NicPetrossi.com
 

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placentia short sales: Placentia Foreclosures - 02/17/09 10:51 AM
There are 5 things you can do when you realize you can no longer make your mortgage payments:
Nothing Deed in Lieu (Hand the Title, and keys, back to bank) Short Sale Bankruptcy Loan Modification All of these options will adversely affect your credit.  However, some options ARE better than others.
For example, the on the severity scale of how bad your credit will take a hit, on a scale of 1 to 10, an outright foreclosure or bankruptcy is like an 11.  The Deed in Lieu is probably the dumbest thing to do because the bank will let you stay … (0 comments)

placentia short sales: Placentia Realtors | Placentia Real Estate Agents - 02/16/09 09:03 AM
There are 5 things you can do when you realize you can no longer make your mortgage payments:
Nothing Deed in Lieu (Hand the Title, and keys, back to bank) Short Sale Bankruptcy Loan Modification All of these options will adversely affect your credit.  However, some options ARE better than others.
For example, the on the severity scale of how bad your credit will take a hit, on a scale of 1 to 10, an outright foreclosure or bankruptcy is like an 11.  The Deed in Lieu is probably the dumbest thing to do because the bank will let you stay … (0 comments)

placentia short sales: Placentia, CA Foreclosures & Bank Owned January 5, 2008 * Updated List * - 01/05/09 04:45 AM
January 5, 2009 List of Bank Owned REO properties in Placentia, CA 92870
Nic Petrossi #1 Placentia REO Bank Owned Buyer Agent (714) 272-3646
Below is a list of all Placentia foreclosures | REO | Bank Owned properties as of January 5, 2009.
Call NIC PETROSSI, your bank owned buyer specialist at (714) 272-3646 for access to any of these properties and to represent you on the buy-side of your purchase. 
To learn more about Nic Petrossi from Prudential's Fine Homes division, click here --->  website

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placentia short sales: NIC PETROSSI (714) 272-3646 Placentia's #1 Buyer Agent for Bank Owned | REO | Foreclosures - 12/24/08 07:01 AM
Yes, I am a top listing agent with Prudential CA Realty in Placentia, but for 2009 my team will also continue to specialize in helping buyers find a great deal on REO / Bank Owned / Foreclosures in North Orange County. 
Looking for a great deal on a Placentia REO / Bank Owned / Foreclosure????
Call Nic at (714) 272-3646    email:  Npetrossi@yahoo.com    Website:  click here
Below is COMPLETE LIST of PLACENTIA bank owned properties as of Christmas Eve, Dec. 24, 2008:

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placentia short sales: Nic Petrossi (714) 272-3646 Your One-Stop Source for Orange County REO Buyers - 12/22/08 07:52 AM
Below is a list of available REO's for Placentia in Orange County as of December 22, 2008.
Contact NIC PETROSSI with Prudential CA Realty at (714) 272-3646 to go see any of these properties "in person."   Email:  npetrossi@yahoo.com   Web: CLICK HERE
If you want me to research ANY CITY in Orange County for REO / Foreclosures, call me or email and I will be happy you to send you a list.

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placentia short sales: NIC PETROSSI (714) 272-3646 PLACENTIA FORECLOSURES - Dec 16, 2008 - 12/16/08 04:18 AM
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placentia short sales: Placentia Homes - Ridiculous Short Sale, Way Below Comps in Placentia Knolls - 12/15/08 08:13 AM
212 Eisenhower Way
    3 Bedrooms / 2.5 Bathrooms and approx. 1,750 square feet with HUGE over-sized bedrooms, crown molding, large family room, dining / eating area, 2 car garage with new storage cabinets, vaulted ceilings in master bathroom...needs new carpet and new interior paint and cosmetic touches, beyond that, you cannot beat this price for an awesome neighborhood in Placentia on the border of Yorba Linda. 
    Price is now $329,000...this is a short sale.  We have all the paperwork completed, just need an offer to submit to bank for approval on price. 
Call Listing Agent NIC PETROSSI with Prudential … (1 comments)

placentia short sales: NIC PETROSSI (714) 272-3646 Realtor, Placentia Foreclosures December 10, 2008 - 12/10/08 05:31 AM


 
Below is a list of all Bank Owned | REO | Foreclosures for the City of Placentia as of December 10, 2008.
Please call Nic Petrossi (714) 272-3646 Prudential CA Realty for info on any of these properties or to go see any of these properties.
npetrossi@yahoo.com       Click here for website ----------->   WEBSITE
 

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placentia short sales: Placentia Homes - 12/02/08 09:35 AM
212 Eisenhower Way in Placentia
   This home has 3 Bedrooms, 2.5 Bathrooms and over 1700 square feet of living space.
Call Nic Petrossi at (714) 272-3646 or email npetrossi@yahoo.com
Home is also on Nic's Website ------>  WEBSITE
This is a short sale, $399,999 asking price...both loans with 1 bank, have all documents, just waiting for offer.  December 2, 2008.
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placentia short sales: Placentia, Yorba Linda & Brea Short Sales - Complete List as of Nov. 18, 2008 - 11/18/08 10:18 AM
NIC PETROSSI, your Placentia / Yorba Linda / Brea / Anaheim Hills and surrounding areas Realtor.
   Call (714) 272-3646      Email:  npetrossi@yahoo.com   Website: ----->  Click Here
Below is list of short sales for Placentia Homes, Brea Homes and Yorba Linda Homes
 
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Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants)

Nic Petrossi

NIC PETROSSI

Placentia, CA

More about me…

TNG Real Estate Consultants

Address: 3000 E. Birch Street, Suite 102, Brea, CA, 92821

Office: (714) 203-8555

Mobile: (714) 272-3646

Yorba Linda Homes Voice and Area Expert Nic Petrossi Facts and Updates of Yorba Linda Homes, Placentia Homes, Brea Homes, Fullerton Homes, Anaheim Hills Homes, Orange Homes, and Surrounding Areas. First Time Home Buyer Program info, Placentia Yorba Linda school boundary maps, API scores for all Placentia Yorba Linda schools, lists of foreclosures for Yorba Linda, Placentia, Fullerton, Brea, Anaheim Hills. Specializing in fine homes luxury estates and giving you up-to-date information on the latest in the local Orange County real estate market.


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