Short Sale Agents Now Exempt From Federal Trade Commission "MARS" Requirements
John is a broker and attorney and specializes in distressed sales. And as if this wouldn't be enough reason to read his blog, it is also a very important. I for one will be breathing (and sleeping) better now.
Read John's blog post, watch the video, sign up for the e-book. The post is well written, and it is something WE MUST know
Well, and another reason is that he is a fellow Floridian ;-)
Sarasota Short Sale Agent - Venice Stop Foreclosure - Bradenton Short Sale Help – FREE information on Foreclosure Defense, Mortgage Modification, Tax Consequences, Deed-in-lieu-of-foreclosure, Short Sales, Deficiency Judgments, Bankruptcy Referrals & more. John Michailidis, SaraMana Properties – Phone: (941) 822-5221
Short Sale Agents Now Exempt From Federal Trade Commission "MARS" Requirements
In a rare nod to common sense, the Fed Government has recognized and corrected a glaring error it had made in requiring Short Sale Real Estate Brokers to comply with rules intended to address fraudulent Loan Modification activities.
As of 7/15/2011 real estate brokers/agents engaging in Short Sales are no longer subject to the FTC "MARS" rules, which are still in effect for those engaging in loan modifications. You can read the entire text of the announcement HERE.
If you're a Sarasota Florida homeowner facing Foreclosure you owe it to yourself to watch the short video below. It just may be the answer you're looking for . . .
The SaraMana preForeclosure & Short Sale Assistance Team helps Short Sale Buyers, and Property Owners in Sarasota, Lakewood Ranch, Bradenton, Venice and throughout Manatee & Sarasota Counties Florida to STOP Foreclosure, potentially Avoid Deficiency Judgments, Successfully Short Sale their homes, and move on with their lives.
- Professional Short Sale Management.
- No-Fee! Foreclosure Defense Attorney referral and initial consultation.
- No Fee! Ch 7 & Ch 13 Bankruptcy Attorney referral & initial consultation.
For more information, Call 941-822-5221, or use this ONLINE FORM.
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Interested in Bank Owned (REO) and Short Sale Bargains?
CLICK HERE for this week's Sarasota & Manatee Best Deals!John Michailidis, GRI, CRS, JD
Broker/Owner - SaraMana Properties
SaraMana preForeclosure Assistance Team
SaraMana Properties and the SaraMana preForeclosure Short Sale Assistance Team are not a law firm, do not engage in the practice of law, and do not render legal advice, or opinions. Clients seeking specific legal advice are advised to speak with a Florida licensed attorney. SaraMana Properties and the SaraMana preForeclosure Short Sale Assistance Team maintain close working relationships with several licensed Florida bankruptcy attorney, and real estate attorney associates, and offer a free referral service to clients seeking specific legal advice.
SaraMana Properties never has, and never will advocate anyone stop paying their mortgage - that is a private decision best made in consultation with an attorney and tax adviser.
*Understand that the bank is ALWAYS working in THEIR OWN self-interest, NOT YOUR OWN. Understand that when you are speaking with a bank representative you are speaking with an "adversary" who neither represents you, nor your interests.
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