The New Future Team (North San Diego County Short Sale Agents) who use the San Diego Short Sale Genius System, closed another Escondido short sale with GMAC and Bank of America, saving another California Homeowner from Foreclosure.
The New Future Team, A San Marcos Short Sale Specialist Team, known for their San Diego Real
Estate experience in Short Sales, has just closed another Short Sale in Southern California. Using their
unique Short Sale System, The New Future Team is able to handle a large volume of short sales and accomplish the goal at hand, to close the short sale and protect the homeowner.
The property, located on Weatherby, had two liens. The first Mortgage was with GMAC and the Second Mortgage was a Home Equity Line of Credit (AKA HELOC) with Bank of America (BofA). The home sold for $240,000. The offer was approved by the bank in 4 months after our team negotiated back and forth with the bank to convince them of the market value, but due to some delays, it closed escrow 8 months from the day it was listed (the delay was due to in part to the buyers financing). The deficiency was waived and the seller will not have to worry about paying additional funds to either GMAC or Bank of America.
"There are no promises or guarantees in a San Marcos short sale whether the lender(s) will approve the
short sale, but Short Sales offer an alternative to the damaging effects of a California foreclosure." says
Trent Chapman, Leader of The New Future Team. "A short sale is a complicated process for all parties
involved. There are so many details involved (more than what the average homeowner is aware of).
Make sure to consult a San Diego Short Sale Specialist with a proven history of success with short sales
like The New Future Team".
Chapman uses a comprehensive San Diego Short sale system for sellers, which was developed by
working with former bank negotiators, known as the "Short Sale Genius" system which has been
developed and taught by Chapman's other company to thousands of real estate agents since 2007.
Homeowners who are facing San Diego foreclosure can request that The New Future Team consult
with them about their needs. In addition, The New Future Team has created a simple document package allowing the homeowner to complete the documents required by the bank to ease the process from the get-go.
"It takes more than an agent to properly work short sales. It takes a Team with varying strengths.", says
Trent Chapman. "We have surrounded ourselves with talent from our administrative staff and Listing
Managers to our processors and escrow. We want a lot of eyes on the transaction so it keeps moving
down the timeline. Our short sale team is skilled, experienced, determined, and driven. They get the
transaction closed."
Short Saleis an alternative to foreclosure. When a borrower can no longer make mortgage payments
as agreed, he/she is faced with many decisions. One is to allow the lender to foreclose. Another is to get the lender to agree to accept a payoff of less than the balance owing on the loan. To understand short sales, one must first understand foreclosures and what could happen if they decide to do nothing.
CALL 760-870-2305 FOR SHORT SALE HELP NOW! -
The New Future Team is located in North San Diego County in San Marcos, California. Click here to
meet the team.
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