San Fernando Valley Short Sale - Short Sale in San Fernando Valley, Burbank CA Short Sale Reator, Short Sale Agent, Short Sale Listing Agent, Short Sale Negotiator, VENTA CORTA Agente, San Fernando Valley Short Sale, Antelope Valley Short Sale, Santa Clarita Valley in Los Angeles County Short Sale. Lupe Soto, Short Sale Negotiator with Results, 818-968-3718. Lupe Soto is a licensed Realtor DRE # 01380599 and Real Estate Negotiator   Venta Corta Agente, Venta Corta Realtor, Venta Corta Negociador en San Fernando Valley, Santa Clarita Valley, Antelope Valley: Palmdale, Lancaster en Los Angeles County. (Hablo Espanol)

Short Sale News Update - 12/1/09
Guidelines Aims to Ease Short Sale by President Obama

SHORT SALE IN NORTH HOLLYWOOD - Accepted offer, Approval in process
5143 Bakman Ave # 420, North Hollywood, CA

APPROVED SHORT SALE IN PALMDALE $198,000 5 Brs 3-car gar built 2004- NEED A QUALIFIED BUYER
37102 Populus Ave, Palmdale, CA

OTHER SHORT SALE LISTINGS in San Fernando Valley, click here

For Fast Results, call Lupe Soto, Real Estate Negotiator (Hablo Espanol)

Pre-foreclosure help, avoid a foreclosure rating, SHORT SALE ***NO COMMISSION or fee to YOU***

Le ayudamos con el tramite de negociacion VENTA CORTA, ***SIN COSTO ALGUNO - GRATIS***

(818)968-3718

 FOR BUYERS:  UNLIMITED ACCESS TO SHORT SALE LISTINGS, click here

We start the process by listing your home for sale, and marketing it to get a buyer.

While we wait to find a buyer for your home, we contact your bank and tell them that we will be handling the short sale on your behalf.

Once we receive an offer to purchase the property, we negotiate with your bank to allow the property to be sold for less than you currently owe on it with no repercussions to you.

How much does this cost?

Nothing!,  We are paid by the bank and do not charge you anything for handling your short sale.

Common Short Sale Questions:

How do I know if I qualify for a short sale?

How long does this process take?

Does it make a difference what agent I use to do my short sale?

What do I need to do to start a short sale?

Call me (818)968-3718 and I will give you a list of documents to prepare and we can schedule an appointment to get all your questions answered and get started.

Make sure you are using an agent who specializes in short sales. They are not like your typical transaction, it takes much more work, negotiating with the bank(s) and other parties. Before hiring an agent check their track record.  We close 9 out of 10 short sales and did over 60 transactions last year!

The short sale process used to take 3-6 months, however as the banks become more and more burdened by foreclosures they are starting to accept short sales at a faster rate. Depending on the bank we are able to get them done in 30 to 90 days and we even closed one in 8 days once!

If you are late on payments or are struggling each month to make them and your home is not worth what you paid, you qualify for a short sale.

Do Not Delay!

Timing is very critical on a short sale...

Unfortunately it is very common for homeowners to be so attached to their "underwater" home that by the time they decide to sell it short and cut their losses there is not enough time and the home goes to foreclosure, ruining your credit.  Don't Wait, Call Me Today: (818)968-3718

* * * * * * * * Top 5 Mistakes When Facing Foreclosure

Stop Paying Without a Plan -- depending on the bank you can actually start a loan workout / modification or a short sale without stopping your payments! Other times you may need to stop paying to get their attention (or because you simply don't have money!) Lupe will never tell you to stop making your payments without making sure you understand the consequences.

File Bankruptcy As a Stall Tactic -- if done incorrectly this may backfire and be considered "abuse of process" especially if you do it more than once. Yes, there are some good reasons to seek bankruptcy protection. Be sure you are working with a reputable bankruptcy attorney (we have referrals). Usually Lupe can get your foreclosure stopped or delayed without having to live with a big fat "BK" on your credit.

Paying Up Front For Loan Modification -- there is a hot business in loan modifications right now. Watch out for the sharks who will promise to negotiate with the bank for thousands of dollars upfront only to take your money and run... or do a half-hearted job. It's not their house and credit on the line. Lupe thinks you're much better off calling the bank yourself. It's not that hard. We may put together a simple How-To document on loan modifications at some point soon.

Falling for "Stop Foreclosure" Scams in the Mail -- in California, after a couple of months of not making payments your bank will likely start the foreclosure process by filing a Notice of Default (NOD). This is a public notice and anybody can lookup your name and address and send you all types of offers... and scams! Be careful! As the saying goes, "If it's too good to be true [especially when asked for money upfront], it probably is!"

Hiring an Agent Who Has Never Closed a Short Sale -- please don't just ask your buddy real estate agent do your short sale if they don't have a proven track record of successfully negotiating and closing these special types of transactions. Short sales are not easy and require specialized knowledge and experience. If you don't have a good short sale specialist, you know who to call! Lupe Soto, Short Sale Realtor (818)968-3718 serving Burbank, San Fernando Valley, Antelope Valley and all areas of Los Angeles County.

***NO COMMISSION FOR SHORT SALE FREE, FREE, FREE ***

CONTACT LUPE SOTO click here

Venta Corta (Short Sale) en espanol
Llame a Lupe (818)968-3718
Yeneir (661)526-3076 en espanol

***EN ESPANOL *** 

¿Que significa una Venta Corta o Pre Foreclosure Sale?

Una venta corta es cuando un prestamista acepta un descuento en una hipoteca para evitar una subasta o una bancarrota posible de la ejecución de una hipoteca. Mientras la propiedad está en transmite de compra, la aprobación del prestamista del contrato y de los términos llega a ser necesaria como deben aprobar la propiedad descontada. Por ejemplo...un dueño de una casa tiene una hipoteca existente de $300,000. El comprador escribe una oferta de $220.000, esta oferta es aceptada como pago completo del préstamo. Esto es una VENTA CORTA.

Es mejor hacer una venta corta cuando la propiedad está en el estado de la PRE-ejecución de una hipoteca porque a los bancos no les conviene tener exceso de inventario de préstamos y menos cuando son, préstamos negativos en sus libros.

¿Qué sucede al crédito del vendedor cuando hace una venta corta?

 Lo qué sucede típicamente es que en el informe de crédito el préstamo demostrará haber sido "pagado". Sin embargo, habrá una notación que indique "préstamo pagado a menos del valor original" o algo por estas líneas. Es más favorable que un dueño de una casa entre a venta corta que tener una ejecución de una hipoteca en su informe de crédito.

¿Puede un dueño beneficiarse de una venta corta?

El vendedor no puede beneficiarse (con dinero) de una venta corta de la PRE-ejecución de una hipoteca.

¿Cómo pueden afectar las bancarrotas en las posibilidades de hacer una venta corta?

 La mayoría de prestamistas de hipotecas no considerarán una venta corta si el dueño de una casa está en bancarrota porque negociar una rentabilidad de venta corta es considera una actividad de colección. Las actividades de colección se prohíben durante una bancarrota.

¿Cuando un dueño de propiedad ya esta en el proceso de la PRE-ejecución de una hipoteca, cuando es lo mas tarde que se puede comenzar una venta corta o el proceso de reducir el préstamo original que se debe en la hipoteca?

 Estando en el proceso de PRE-ejecución permita por lo menos 90 días para que se efectúe una hipoteca aprobada y pueda poner la propiedad en venta corta.

 *Siempre consulte con su contador acerca de posibles responsabilidades de impuestos

BUYING A SHORT SALE - English/Spanish  - Se Habla Espanol

Buyers pursue short sales to get a good deal. So when you see a price listed for a home that you think is too low for the neighborhood, before you jump on that price like hot fudge on a sundae, ask your agent to call the listing agent to find out if the home is a short sale. *****EN ESPANOL******:  Los compradores o Buyers buscan comprar una venta corta para obtener un buena oportunidad, si usted esta pre-aprobado para un prestamo FHA y requiere que le ayuden con los gastos de papeleo, entonces un Short Sale puede darle la oportunidad de comprar una propiedad, consulte con un Realtor que se especialice en Venta Corta.  Cuando vea que el precio de una casa esta listada por debajo del precio normal, por favor consulte con su Realtor para preguntar si es una casa o condo en venta en Venta Corta o Short Sale y explicarle el proceso, los beneficios y el tiempo de espera antes de que pueda cerrar la transaction.  La consulta es gratis, llame a Lupe Soto, Realtor de Venta Corta, Negociadora de Venta Corta (818)968-3718 email:  Lupe@ShortSaleWithLupe.com

With the majority of single family homes and condos being listed as "short sale" in the Burbank, San Fernando Valley, Palmdale in AV Valley, Los Angeles County, buyers are considering this type of listing more often. A "short sale" is a property listing where the owner owes more than the homes' current value, but still desires/needs to sell. Unfortunately, this is not an uncommon position for sellers in Burbank, San Fernando Valley, Palmdale & AV Valley in Los Angeles County, CA. Due to the wild swings in property values caused by the housing boom and bust, many homeowners find themselves in this position. While many attempt loan modification, for owners who must sell due to divorce, job loss, or job relocation, a short sale is often a better option than foreclosure or sometimes bankruptcy.

After listing as a short sale, the owner accepts offers subject to lender approval. The lender must then approve less than the loan balance as payoff and allow the transfer of ownership to the buyer. The process can take as long as 90 days. And even though you may have waited 90 days, the short sale still may still not be approved by the lender. There are many factors that could affect whether the bank accepts the short sale. And buyers should keep in mind that in this market, even the short sales are garnering multiple offers. Typically, the best time to step into a short sale is when it first hits the market, or right after another buyer walks away. Often, a short sale can look a lot like musical chairs with buyers getting tired of waiting and new buyers slipping into their seat.

Buyers should analyze likelihood of success before getting caught up in a short sale. They should get a preliminary title report on the property to determine if there are any additional liens on the property besides the mortgage loans, as this may complicate matters. They should be aware that if there is more than one loan on the property with different lenders, the short sale may also be difficult to accomplish. An experienced short sale Realtor can help guide you through this process.

SHORT SALE LISTINGS FOR SALE, click here

 Lupe@ShortSaleWithLupe.com

If you would like information or a list of available bank owned homes for sale, foreclosures, condos, or short sales in Burbank, San Fernando Valley, Palmdale & AV Antelope Valley in Los Angeles County, CA, send an email to me at LUPE@HomesWithLupe.com You can also search for properties on my websites: www.HomesWithLupe.com www.CasasConLupe.com. If you have questions about a specific property, or would like to set up an appointment to consult about a possible SHORT SALE of your property, I can be reached at (818)968-3718

SHORT SALE HELP - NO COMMISSION - AT NO COST TO YOU! in Arleta, Burbank, Canoga Park, Calabasas, Chatsworth, Encino, Glendale, Granada Hills, Hidden Hills, Lake Balboa, Lake View Terrace, Mission Hills, North Hollywood, North Hills, Northridge, Panorama City, Pacoima, Porter Ranch, San Fernando, Reseda, Sherman Oaks, Studio City, Sylmar, Sun Valley, Sunland, Shadow Hills, Toluca Lake, Topanga Canyon, Tujunga, Valley Village, Valley Glen, Van Nuys, Universal City, West Hills, Winnetka, Woodland Hills. SANTA CLARITA VALLEY:  Valencia, Canyon Countyr, Castaic, Acton, ANTELOPE VALLEY:  Palmdale, Lancaster, Littlerock, Lake Los Angeles (se habla espanol)

 VENTA CORTA - SIN COSTO ALGUNO, LLAMEMOS LA CONSULTA ES TAMBIEN GRATIS  (818)968-36718 Lupe  o Yeneir (661)526-3076 (espanol)

SOLICITE UNA CONSULTA GRATIS, haga click aqui

EMAIL ShortSaleWithLupe@charter.net

www.ShortSaleWithLupe.com

(818)968-3718 Lupe Soto, Licensia Bienes y Raices DRE# 01380599

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If you or someone you know is thinking of buying or selling property in SFV San Fernando Valley or AV Antelope Valley (Palmdale/Lancaster), please contact Lupe Soto. Lupe lives in Burbank CA. Lupe knows Burbank Real Estate & San Fernando Valley Real Estate, loves Burbank & San Fernando Valley, and specializes in Burbank & San Fernando Valley area real estate. Reach Lupe Soto, Realtor at 818-968-3718 or by e-mail at Lupe@HomesWithLupe.com . Be sure to check Lupe's blog.

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List of Bank Owned Properties in Burbank & SFV

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www.NewConstructionHomesWithLupe.com 

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San Fernando Valley Short Sale - Short Sale in San Fernando Valley, Burbank CA Short Sale Reator, Short Sale Agent, Short Sale Listing Agent, Short Sale Negotiator, VENTA CORTA Agente, San Fernando Valley Short Sale, Antelope Valley Short Sale, Santa Clarita Valley in Los Angeles County Short Sale. Lupe Soto, Short Sale Negotiator with Results, 818-968-3718. Lupe Soto is a licensed Realtor DRE # 01380599 and Real Estate Negotiator   Venta Corta Agente, Venta Corta Realtor, Venta Corta Negociador en San Fernando Valley, Santa Clarita Valley, Antelope Valley: Palmdale, Lancaster en Los Angeles County (SE HABLA ESPANOL