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illinois foreclosures: Short Sales Important Update for 2012 - 01/25/12 04:52 PM
Short Sales Important Update: The Mortgage Debt Relief Act of 2007 will expire at the end of 2012. What this means is that Short sale sellers will be getting sent a 1099 for their shortages starting Jan 1, 2013 if this bill is not extended. Considering some short sales take a year to close, I'd get it listed NOW if you are thinking about short selling! (1 comments)
illinois foreclosures: Putting The REAL back into REALTOR® - 02/02/09 08:56 AM
Putting The REAL back into REALTOR® I was just reminded from a fellow friend that it looks like I have finally come full circle and have gone back to being a REAL people person again. I stopped and thought for a few minutes and said to myself, wow, how right she was and what a wonderful feeling it is to be able to help people again! When I first started in this business, I used to sit and actually chat with people. Remember when you had no MLS on the computer and you had to hand deliver listings from a book? (54 comments)
illinois foreclosures: Chicago Illinois Foreclosures and surrounding counties on the rise! - 01/18/09 08:38 AM
Sellers, if you are behind in your mortgage payments, upside down on your house value, a divorce, job loss etc. and can't handle the payments any longer, we can help. We now offer Loan Modifications and have a 98% success ratio at closing short sales. Yes we can sell your house, NO MATTER how much you owe or how upside down it is in value and our short sales services cost you NOTHING out of pocket! Here's just a few of our outstanding pre-foreclosure short sale deals for January 2009. Investors and buyers, looking for a good deal? Now (1 comments)
illinois foreclosures: From Real Estate Rags to Reinventing Your Riches - 01/16/09 11:50 AM
I actually had my office space up for sale in December of 2007. I was struggling, I let go of my bookkeeper, kept cutting my secretaries hours and was getting more worried every week watching a lot of local offices, R/Max closed several local offices, GMAC folded their offices, Prudential closed offices, C21 offices, you name it they were closing offices. Even a few of my fellow Exit offices closed. I figured I was doomed because I received NO calls on the office for sale so I knew I needed to at least try something different to survive. I'm NOT a (2 comments)
Pre-qualify your short sales clients over the phone before you make the trip to insure they are indeed a good short sale candidate. Here's what I ask...
1. Do you understand what a Short Sale is? Explain the process 2. Are you late or will soon be late on your mortgage payment? 3. What has caused the Hardship? Divorce Illness Job Loss Relocation Medical Bills Adjustable Rate Mortgage payments increased and you're unable to refinance Death. 4. Are you insolvent? (Meaning do your debts outweigh your assets?)
5. Do you have money in a (3 comments)
illinois foreclosures: Pre-foreclosures are on the rise in Chicagoland! - 12/16/08 08:10 AM
Looking for a good deal? Now is the time to buy! Foreclosures are on the rise and the rates are at 5.5% for a 30 year fixed with good credit. So come on buyers, get off the fence! Vicki Watzlawick, Illinois Foreclosure Expert, Broker Owner, Exit Platinum Realty, LITH, IL www.vickisdreamhomes.com (0 comments)
Posted by Vicki Watzlawick, Broker Owner, CERTIFIED Foreclousre expert, LITH, IL www.vickisdreamhomes.com (0 comments)
illinois foreclosures: Waiting for rent checks...AAARRRGGGHHHH! - 09/28/08 08:46 AM
I have several agents that handle rentals just to survive in this market, and I am amazed at how long these rent checks are taking the other local brokers to process. I have an agent that closed a deal 5 weeks ago and has yet to recieve her part of the rental commission! It seems the bigger franchises are the worse! Five weeks??? Come on Brokers! GET A CLUE..LET ME TELL YOU HOW TO HELP YOUR AGENTS GET PAID IN 2 DAYS! Have the Lessee write a certified check for the deposit and the rent check.. It is that easy! (0 comments)
illinois foreclosures: Email Flyers from Home Inspectors - 08/08/08 09:43 AM
So I open my email box this morning to find a few hundred more emails to sift through and decide which are worth reading, only to find another email from a local Home Inspection Company, of which I decide might be worth reading. I like learning new things. So I open it, eager to learn a few trade secrets and what's the bi monthly newspaper about? How to breathe from your stomach and eating a colorful salad to stay healthy! OMG!!! WHAT does this have to do with Home Inspections? Unsubscribe from this one. Get a clue people! I hope you (2 comments)
illinois foreclosures: My Short Sale secret interview July 11th at 11:30 - 07/11/08 09:17 AM
I am soooo excited! I guess I've been doing so well at learning how to sell Short Sales succesfully that the Harris Real Estate University is going to call and interview me this morning at 11:30 Central time! If you want in on this free call and to learn some of my secrets use this link: Vickis Short Sales Secrets If you have questions, I think there might be time to ask them at the end of the call. Don't be shy, I am willing to share my knowledge to help all of you! Vicki Watzlawick, Broker Owner, CERTIFIED Short Sale Expert, (0 comments)
Illinois REO Realtor and Broker Owner of Exit Platinum Realty. Number One recruiter and Number One in Sales Volume for the State of Illinois. 5 year Certified Foreclosure and Shortsale expert for Illinois foreclosures.
Co-author "Should I Short Sale My Home?"
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.