ARCHIVED BLOG POSTS
2011
Inform yourself of all of the possible pros and cons of "short paying" your home.So you may choose the best options that will optimize your benefits for both you and your family.Save your credit and look for a better future with the help of RE/MAX Homes and Estates.Hello, my name is Ann and I am ...
01/06/2011
Are You a Real Estate Agent? Here Are Ideas on Successfully Negotiating a Short Sale What are some ways to successfully negotiate a short sale? One positive impact approach is to be organized during the negotiating process. Loss mitigation departments appreciate it when the agent has a high leve...
01/06/2011
Call the LenderYou may need to make a half dozen phone calls before you find the person responsible for handling short sales. You do not want to talk to the "real estate short sale" or "work out" department, you want the supervisor's name, the name of the individual capable of making a decision. ...
01/06/2011
Great area of Rancho Cucamonga, close to Upland 3 bed room 2.5 bath 2 car attached 2 car garage 1600 sq ft of living space. Home is only attached to 1 other home. vaulted ceilings, close to 210 and 10 freeways. HOA is only 230 a month. property is not an REO or short sale!!!! Great deal on a 1600...
01/06/2011
ITEMS NEEDED IN A SHORT SALE Items needed from the seller2 months bank statementsLast 2 year's tax returnsOne month of recent pay check stubs Letter of hardshipfinancial worksheetSeller signed authorization letter Items needed from the Listing agentCMAListing agreementBuyers offerPre-approval let...
01/06/2011
One of the major concerns facing the millions of homeowners who are currently delinquent on their mortgage and "upside down" in value is that they fear not only losing their homes but also being subsequently pursued for a deficiency judgment. Different states have different laws regarding forec...
01/03/2011
Deficiency judgments are major concerns for many homeowners who have decided to sell their home as a short sale. There are several key points worth noting that the article below discusses. 1. Lenders cannot pursue a deficiency judgment against a homeowner if the loan is a purchase money loan fo...
01/03/2011
Do you know the rules and guidelines for the HAFA short sale program? Do you qualify? Unfortunately, not everyone does. To qualify, you must own a home that was purchased before the year 2009. In addition, you must be living in the home as your primary residence, and must have been previously con...
01/03/2011
Receive up to 3,000 for relocation expenses. Short Sale A short sale, also known as a pre-foreclosure sale, is the sale of a property for less than the balance remaining on the mortgage loan secured by the property. With a short sale, the mortgage lender agrees to release its mortgage lien on t...
01/03/2011
1- Pre-determined cash incentives to both the Homeowners and Mortgage Bank servicer. Up to $3000.00 to the home owner for relocation expense 2- Listing Agent and Homeowner to receive pre-approved short sale pricing guidelines and terms prior to listing the property for sale. 3- Mortgage Banks...
01/03/2011
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