maryland short sale: 8 Things All Short Sale Buyers Should Accept Before They Make An Offer - 12/05/12 09:38 PM
THE INITIAL PROCESS IN A SHORT SALE  Real estate contracts in a short sale are intricately involved documents that require an understanding of not only the contracts process as required by law but the general consensus of a uniform message to the bank.   "Everything is a short sale is about the presentation to the bank, the negotiator's talent , the quality of buyer with complete understanding of the process, the desire and motivation for the seller and a win-win attitude for all that is involved.

 

I am noticing a growing trend of frustration among people who want to buy a short sale.
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maryland short sale: Gaithersburg MD Homes for Sale 20878 Montgomery County MD - 10/23/12 10:21 AM
Gaithersburg Maryland 20878
 
Gaithersburg, Maryland Homes REPORT  
 
The most expensive active home for sale in Gaithersburg is:  

$1,900,000
20533 ZION ROAD, Gaithersburg House is TEARDOWN. Value is in LAND: Almost 17 acres zoned RE2 with PUBLIC H20 available. Also listed in lot-land as MC6159542. So...
Add to Favorites Request Information Beds 3 Baths 1.0 MLS MC7922579  
The least  expensive active home for sale in Gaithersburg is:  

$50,000?
128 DUVALL LANE Unit #183-30, Gaithersburg — Fireside Short Sale professionally negotiated. 2 Bedroom 2 bath condo. Priced to sell.
Add to Favorites Request Information Beds 2 Baths 2.0 MLS MC7895039 SqFt. 1,053  
  Foreclosure active homes for sale in … (3 comments)

maryland short sale: My Property is in Rough Shape Needs Work, Can I still do a Short Sale? - 09/14/12 02:44 AM
http://www.reallynicehomes.com/blog/my-property-rough-shape-and-needs-lot-work-can-i-still-do-short-sale/ Question & Answers for Short Sales My property is in rough shape and needs a lot of work; can I still do a Short Sale on my property? Absolutely. We can sell any property for any amount that matches the property's condition.  In fact most lenders are even more motivated to do a Short Sale on a property that needs work than on a property that doesn't. The lender does not want to do repairs if they foreclose on the property and they know the risk of loss associated with this process. Normally a property that needs a lot of work is more … (1 comments)

maryland short sale: No Hardship Documentation Required Now For Short Sales! - 09/03/12 11:46 PM
There is something new to report in the short sale world. Homeowners with underwater properties have many reasons to celebrate the introduction of the new guidelines from the two government-sponsored enterprises (GSEs) – Fannie Mae and Freddie Mac. On November 1, 2012 the Federal Housing Finance Agency (FHFA) – the regulator for these two GSEs – will begin new guidelines that are expected to make short sale simpler and easier. It’s about time. . One of the key changes for short sales revolves around the process and the simplification that will be effective in November 2012  Example: If you have a reduction in income, there is no need for … (4 comments)

maryland short sale: "What is better than doing one short sale in Maryland? : Doing TWO!" - 08/25/12 06:03 AM
http://www.reallynicehomes.com/blog/what-better-doing-one-short-sale-two/ "What is better than doing one short sale?   TWO!" Short Sales have been the salvation for a  lot of the homeowners we helped so far. . . What can be a better solution? Your house is upside down by thousands of dollars.  Your equity may break even with your mortgage in 15 years, 15 years of paying and paying just tor break even?  So, you've decided to go forward on a short sale. . You have a legitimate hardship and the lender accepts the short sale You have another upside down property that is an investment. . The same hardship can be applied here. . "resetting" your real estate holdings to short … (7 comments)

maryland short sale: In A Short Sale. .Who Pays The Deficiency? - 08/16/12 07:59 AM
Original article: http://www.reallynicehomes.com/blog/short-sale-will-i-have-pay-difference-between-what-i-owe-and-final-sales-price-my-property/ Question: On a Short Sale, will I have to pay the difference between what I owe and the final sales price of my property. In some cases the lender may ask you to pay the difference in the form of a promissory note in order to complete the short sale. Most often this comes into play if there is evidence that the seller has money available in the form of savings or other major assets. In some cases the lender will simply give the third party approval with a conditional language that says in effect. ."Short Sale is approved under these conditions. . that the lender maintains the "right to reserve to … (1 comments)

maryland short sale: How much will a short sale cost me after all? . . 3%?, 5%? 6%??? - 07/24/12 12:40 PM
http://www.reallynicehomes.com/blog/how-much-will-short-sale-cost-me-after-all/ How much will a short sale cost me after all?  Who pays the commission in a Short Sale?Who pays the closing costs?Who pays any seller contributions?Who pays the HOA fees? ANSWER: The bank will pay the commission along with all the other usual closing costs An experienced agent should assist you in this process for FREE . . yes, the bank will pay them  for putting a short sale together. Be AWARE of companies asking money UP FRONT in order to do a short sale. $500, $1500, I heard of even $2000 to do a short sale. STOP, you do … (1 comments)

maryland short sale: The Different Types of Hardships in Short Sales In MD, DC and VA - 07/23/12 01:05 PM
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maryland short sale: Is a Short Sale Right For Me ? - 06/19/12 06:48 AM
 How can you know if a SHORT SALE is a good option for you? Depends on your particular situation. .  Are you being required by your employer to relocate to another area? Have you fallen behind in your mortgage payments because you have financial difficulties? Are you facing foreclosure right now? Have you received a Notice of Default (NOD)?  Do you owe more than your home is worth? IF YOU ARE  FACING THESE DIFFICULTIES YOU HAVE OPTIONS > > A Short Sale is one of them. . I strongly recommend for you to explore your options right now before things get more complicated and you lose your house in a foreclosure. Lender are … (1 comments)

maryland short sale: Who Qualifies for a Short Sale? - 06/18/12 01:13 AM
www.Short-Sales-Expert.com     Who qualifies for a short sale?  Any homeowner that has incurred an economic hardship recently that has created difficulties in paying their mortgages. In some cases, lenders will OK a short sale even if the homeowner is up to date on their mortgage payments. Some examples of  hardships:   Loss of a job Death in the family Mortgage adjustment from a variable to a fixed rate Curtailment of employment Divorce Excessive Debt For a complete assessment to see if you qualify for a short sale or alternatives, its very important for you to contact a real estate broker that specialize in short sales. In most cases and with a honest evaluation, you … (2 comments)

maryland short sale: Gaithersburg Maryland BEST PRICED HOME OF THE DAY - 06/15/12 05:48 AM
ReallyNiceHomes.com Gaithersburg MD is located in the heart of Montgomery County. Its residents enjoy many community amenities that beautifully complement life in the Washington Metropolitan area. There are many homes available in the market right now. Our easy search box is a tool we provide to home buyers to find the latest listing s available. . Check it out. .and see the benefits of searching for a home inside a Mega Site Easy Gaithersburg Real Estate NEIGHBORHOOD LINKS Gaithersburg Amberfield Flower Hill Goshen Estates Hidden Creek Hunters Woods Kentlands Lakelands Montgomery Meadows Orchard Place Quince Orchard Manor Saybrooke Shady Grove Village The Orchards The Plantations Warther Washington Tower … (0 comments)

maryland short sale: Maryland Foreclosures: How Can You Make Money From Them? - 06/07/12 04:14 AM
http://www.trulia.com/blog/fernando_herboso/2012/06/maryland_foreclosures_how_can_you_make_money_from_them Maryland Foreclosures , How Can You Make Money From Them? Investing in real estate foreclosure is considered an smart and well-thought strategy not just for investors but also for first time home buyers. The tsunami of foreclosures in our country the last few years have made many people very rich. In the form of equity gained while everybody else wait to catch up for local housing to recuperate what was lost. Finding Maryland Foreclosures: This is really one the most important steps a consumer takes. There are lots of places floating around the Internet with OUT-DATED Foreclosures that can leave them just chasing dreams. "Sorry, that one is SOLD already. .how about this one?" What is frustrating to dedicated professionals  is that some … (0 comments)

maryland short sale: Bank Of America Short Sales for Maryland DC and Virginia Residents - 05/22/12 11:24 PM
http://www.Short-Sales-Expert.com New Information about Short Sales With Bank Of America   Homeowners that are considering a short sale with Bank Of America should take the right steps to benefit with the latest programs that Bank of America now offers. The Cooperative Short Sales Program is the latest program that could be relevant  whether your short sale gets approved or rejected. I invite you to watch the enclosed video to inform you of the latest changes in Bank Of America Short Sales Click Video Below        Short Sales Specialist for Maryland, DC and Virginia.   Call Fernando directly to 240-426-5754 for specialized services with Bank Of America. … (0 comments)

 
Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA (Maxus Realty Group of Samson Properties )

Fernando Herboso - Associate Broker MD, & VA

301-246-0001 Serving Maryland, DC and Northern VA

Clarksburg, MD

More about me…

Maxus Realty Group of Samson Properties

Address: Serving Montgomery, Frederick, PG Counties Maryland PLUS Northern VA, Listing Marketing Expert at your service 30 miles radius from, Gaithersburg , MD, 20878

Office: (301) 246-0001

Mobile: (240) 426-5754

 

     

 

 

      

 


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