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Name
Jorge Muralles Newport RI Real Estate Market
Company
Newport Real Estate
E-mail
Contact Jorge Muralles Newport RI Real Estate Market (Newport Real Estate)
Website
http://www.locopro.com
Office Phone
(401) 855-1335
Cell Phone
(401) 855-1335
Fax
(401) 849-0090
Address
1 Commercial Wharf Suite B 1, Newport, RI, 02840
Description
Buy Sell or Rent Real Estate in RI, we are your gateway to everything in the Ocean State!! www.ripropertyvalues.com

Meet the team

Property Marketing Plan
 

 


In the wake of a challenging and swiftly changing society, it’s estimated that in our current market one out of seven homeowners are unable to make their current mortgage payments. For consumers faced with this frightening and stressful situation, the good news is that no one has to go it alone. Having the right advocate, armed with all the right information and documentation can make the difference between avoiding foreclosure and successfully negotiating a sale of your house.

Let’s take a look at seven must-know facts about this tough issue and hopefully open a few doors to answers and options for you:

Foreclosure is not your only recourse: With the Presidential administration, the Federal Treasury, Fannie Mae, Freddie Mac, FHA, HUD, as well as the nation’s servicers and lenders —including investors— all lined up with a renewed and direct focus on doing what’s necessary to keep properties out of foreclosure, there’s never been more help for homeowners in trouble than there is today. Consider this: according to one national study, lenders lose an average of 19% on short sales compared to an average of more than 40% on foreclosures. That’s powerful.

It is important to know what you don’t know: As a consumer in the throws of financial crisis, it’s very difficult to be objective and to see every side of the equation in front of you. Working with a real estate professional who specializes in short sales allows you greater bargaining power, clearer insight and the advantage of having an experienced professional negotiate on your behalf. Much as you would hire an attorney to represent you in a court of law, having an experienced agent in your corner is not only a comfort, but your best recourse for ensuring your family’s interests are protected.

The three stages of foreclosure. It’s fairly simple: Pre-foreclosure, foreclosure and post-foreclosure. It is in this first stage where a homeowner can get help to lessen their credit damage and get out from under a tough situation. Obviously, the earlier in the process you ask for help, the more options will be available to you.


Know the difference between a short sale and foreclosure: The primary difference in the two lies in the effects on your long-term consumer credit. Let’s take a look at some of the differences:

Short Sales: Negotiated settlement, seller’s credit is bruised – not ruined, no attorney fees, peace of mind, you can buy again in two years, all liens are negotiated Foreclosure: Court settlement, seller’s credit damaged long term, usually large attorney fees, very little peace of mind, buy again in 10 years, all liens are exhausted Documentation is critical. When you’re dealing with financial institutions, documentation is everything.

Be prepared to furnish the following at the very least: the last two years’ tax returns, two months of latest pay stubs, and six months of recent bank statements, together with a short sale letter of explanation. Every lender is different, and an experience distressed property specialist will instruct you every step of the way on exactly what documentation you’ll need to prepare an acceptable hardship package. Keep in mind, in today’s often bogged down system, it doesn’t pay to take any short cuts. Follow your agent’s advice to the letter to better your chances at a successful resolution to your mortgage
crisis.

Be careful. Unfortunately, the current financial crunch being felt by so many in a shifting economy can bring out the very unscrupulous in our society. There are a tremendous amount of predatory characters out there eager to take advantage of families experiencing tough financial decisions. You’ll find them asking for money up front, or your signature which can remove you from the deed to your property but not the mortgage. Always talk to an experienced real estate agent or attorney before signing anything.

Helping families in distress is what I do best. I believe that no one should have to weigh these financial options alone and know that having an advocate on your side can not only help you best resolve your situation, but allow you to more quickly find peace of mind as well.

I’m here if you need me with answers to all the many questions you might have. invite you to also to share this valuable information with anyone you know who is facing a mortgage crisis. Everyone deserves a resource they can trust.

I look forward to helping you. Give me a call today!

 
 

At Newport Real Estate, we have a system that helps to get this process approved in very consistent percentages. If you or anyone you know is having this problem, we can help!

Spanish / English Agents

 
 

Jorge E. Muralles
Team Leader / Real Estate Consultant
Newport Asset Management Group
1 Commercial Wharf Suite B1
Newport RI 02840

401-855-1335
401-849-8043 (fax)

Click Here to Request Information

or visit our web site

www.ripropertyvalues.com
 

 

 

 

We have helped many property owners before and would love to help you as well. We have real estate consultants with knowledge of the local real estate market.

We have bilingual real estate agents

Spanish and English.

 

About Us

  

REO's and Short Sales Online News Letter

Real Estate Buyer Guide

Real Estate Seller Guide

REO Marketing Plan - Services for Corporations

 

Areas of Expertise

Newport Real estate is a full service real estate office, we have been around since 1970 and provide a range services from real estate consulting to property and asset management.
 
 We are a very diverse office, our agents now can provide services in English and Spanish.
 
 The real estate market is very challenging and our focus is to help people with objective advice in the purchase, sale or rental of real estate.
 
 We specialize on helping first time buyers accomplish their goals by guiding them through the buying / selling process.
 
 We help investors acquire and manage property.
 
 We also help investors minimize tax liability when they sell their property. This is done through a 1031 exchange.
 
 We have also set up a team of consultants to help people avoid foreclosure. We have many options available.
 
 Keep us in mind for your friends or relatives who need assistance in Spanish.
 
 Call us for information on any of our services.

Areas of Expertise
 
 1.) First time buyers
 
 2.) Real Estate investors
 
 3.) Short Sales
 
 4.) Pre foreclosures
 
 5.) Commercial Real Estate sales & rentals
 
 6.) Residential Real Estate Sales & rentals
 
 7.) Real Estate Rentals
 
 8.) Newport timeshares sales & Rentals
 
 9.) Foreclosure prevention
 
 10.) RI real estate market
 
 11.) Newport RI real estate market
 
 12.) Relocation Services
 
 13.) Corporate services: BPO's, asset management, REO management.