short sale specialist: SHORT SALE Q & A ORANGE COUNTY SHORT SALE SPECIALIST
- 03/31/17 07:10 PM
Brought to you by the Queen of Short Sales Short Sale Q & A Q: What is a Short Sale?
A: A Short Sale transaction occurs when the lenders are paid a negotiated amount that is less than the actual principal balance owed.
Q: Why are the Banks Accepting Short Sales?
A: In a foreclosure, the lender incurs legal fees and may not take possession of the home for several months. When the lender takes possession, the condition is unknown, and the home will have to be sold regardless.
Q: How are the Selling Costs Paid?
A: In a successful Short Sale transaction the selling costs are absorbed by the lender.
Q: … (1 comments)
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short sale specialist: How long do short sales take?? - Orange County short sale specialist
- 02/28/12 07:11 AM
How Long Do Short Sales Take?
This is the million-dollar question.
The short sale process, from submission to short sale approval, is generally as follows:
Submission of offer and complete short sale package from the seller. Bank acknowledges receipt -- 10 to 30 days. Bank orders a Brokers Price Opinion (BPO) or appraisal -- 15 to 60 days. File is reviewed -- 30 to 60 days. Negotiator is assigned -- 30 to 60 days. Level II negotiator may be assigned -- 30 to 60 days. File is approved or rejected -- 60 to 120 days. If you're running past 120 days, it's … (1 comments)
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short sale specialist: Short sale questions buyers should ask - Orange County Short Sale Specialists
- 02/28/12 07:04 AM
Qualify Your Short Sale Before Writing the Offer
Before you decide to buy a short sale property, ask your agent to do a little groundwork first.
Examine the Comparable Sales Many banks will discount the price a little bit from market value, but to get an acceptance, offers should be reasonable and close to the comparable sales.
Check Out the Short Sale Listing Agent's Track Record If the short sale listing agent has very few short sale listings and has little experience actually closing a short sale, your chances of offer acceptance may be slim.
Ask How Many Short … (0 comments)
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short sale specialist: 5 Reasons Banks reject short sales!!! – Your OC Short Sale Specialist
- 02/28/12 06:59 AM
Why Banks Reject Short Sales
Banks demand a plethora of documentation before approving a short sale. Contrary to popular belief, sellers do not need to be in foreclosure or have fallen behind in making mortgage payments, for a short sale to occur. Here are reasons that banks turn down short sale requests:
Short Sale Offer Price is Too Low Banks will request an appraisal, sometimes several appraisals, and may also order a BPO. When the listing agent submits the short sale offer, the agent should also include a comparative market analysis that justifies the price in the short sale offer. If … (0 comments)
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short sale specialist: Not Sure, if you want to Short Sale? - Contact Your Orange County Short Sale Specialist
- 02/27/12 06:09 AM
Short Sale is a great option to avoid Foreclosure and it is absolutely FREE to the homeowner!!
What is a Short Sale?
A short sale, also called "Short Pay" or "Pay Off", is a transaction that allows for the sale of a property for an amount that is less than the amount that is owed to the lender. The bank in return may accept the proceeds as full settlement of the debt.
What is Foreclosure?
Foreclosure is a process in which the estate becomes the absolute property of the lending institution. It is a termination of all rights of … (0 comments)
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short sale specialist: Why Should I Choose a Short Sale??? – Orange County Short Sale Specialist and Realtor
- 02/23/12 07:06 AM
Why Should I Choose a Short Sale?
A Short Sale can be one of the best options for you when facing foreclosure. A Short Sale allows the homeowner to sell the property and remove the secured debt associated with the home. You as the seller can walk away from the sale with significantly less damage than a foreclosure.
A homeowner who decides to Short Sale their property typically experiences less impact to his/her credit. There are no upfront fees or costs associated with the Short Sale. Your lender or the buyer pays for all fees including, closing costs, escrow fees and … (0 comments)
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short sale specialist: Orange County Free short sale AND Foreclosure Help!!!
- 02/23/12 07:01 AM
Does the current economy have you caught between a rock and a hard place? We may have a FREE solution for you! Re/Max Homes and Estates Short Sale division offers free counseling and short sale real estate services to home owners in financial Hardship. If you owe more than the value of your home we will work with your lender to negotiate a lower payoff amount on your home loans in order to get your home to a price range where it will sell in this depressed market.
· Our services are completely free to all home owners
· Your … (0 comments)
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short sale specialist: Confused!? Is a Short Sale Right for You? – Orange County Short Sale Specialist
- 02/23/12 06:56 AM
RE/MAX Homes & Estates Short Sale | Pre-Foreclosure Division
Hello, my name is Ann and I am here to help see if you qualify for a Short Sale but first ask yourself a couple questions…..
Are you in a situation where:
· You lost your job
· Your Medical Expenses are too high
· Just went through/going through a divorce
· You are behind on your payments
· You have no equity
· You can't afford the cost of selling your home
· Your income has been reduced
I CAN HELP YOU! It's easy … (0 comments)
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short sale specialist: Stop Foreclosure and Save Your Home For Free - Orange County Short Sale Specialist
- 02/23/12 06:50 AM
One way to stop a Foreclosure is a SHORT SALE.
A Short Sale is a transaction that allows for the sale of a property for an amount that is less than the amount that is owed to the lender. The bank in return may accept the proceeds as full settlement of the debt.
REMAX Homes and Estates helps people decide if a short sale is right for them.
We have assisted over 400 home owners avoid foreclosure!! You will not be disappointed. 99% success rate on short sale lender approvals
www.ReMaxAnn.com
Orange County Short Sale … (0 comments)
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short sale specialist: Not Sure, if you want to Short Sale?! - Orange County Short Sale Specialist
- 02/23/12 06:44 AM
Short Sale is a great option to avoid Foreclosure and it is absolutely FREE to the homeowner!!
What is a Short Sale?
A short sale, also called "Short Pay" or "Pay Off", is a transaction that allows for the sale of a property for an amount that is less than the amount that is owed to the lender. The bank in return may accept the proceeds as full settlement of the debt.
What is Foreclosure?
Foreclosure is a process in which the estate becomes the absolute property of the lending institution. It is a termination of all rights of … (0 comments)
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short sale specialist: Stressed out about your mortgage?? Orange County Short Sale Specialist
- 02/17/12 06:53 AM
YOU’RE FACING FORECLOSURE! YOU’RE SHORT ON MONEY....
CAN'T REFI? NO EQUITY? NOT SURE WHAT TO DO?
NEED HELP AND DON’T KNOW WHERE TO TURN?
NOT SURE IF YOU QUALIFY FOR A SHORT SALE….
DO YOU WANT TO BE STRESS FREE……I CAN HELP!!!
Time is of the essence!!!!!!!!!
WE DO NOT CHARGE FOR ANY OF OUR SHORT SALE SERVICES WE GET PAID BY YOUR LENDER
We have assisted over 400 home owners avoid foreclosure!! You will not be disappointed. 99% success rate on short sale lender approvals
www.ReMaxAnn.com
Orange … (0 comments)
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short sale specialist: A Short Sale CAN and WILL HELP!! - Orange County Short Sale Specialist
- 02/17/12 06:34 AM
-Are you In a Default Situation? -Are you Facing Back House Payments? -Do you Need To Sell ASAP? -Do you Have Little Or No Equity In Your Home? -Do you Owe More Than Your Home Is Worth? -Do you have a Notice of Default? -Do you have a sale date?
A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed.
We have assisted over 400 home owners avoid foreclosure!! … (0 comments)
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short sale specialist: Short Sale And Avoid Foreclosure – Your Short Sale Specialists
- 02/14/12 08:09 AM
· Are Your Mortgage Payments Too High?
· Do You Want Lenders to Stop Calling?
· Do You owe More Than Your House is Worth?
· Do You Want to Dispose of Your Debt?
· Want to Minimize Damage to Your Credit?
· Suffered Loss of Income?
· Your Mortgage Will Adjust Soon and You Cannot Afford Paying Skyrocketing Rate?
· Want to Sell Your House but There is Not Enough Equity?
· Do you want to avoid a Foreclosure and Get a Fresh Start?
If you answered yes to any of the questions, then a short sale might be right … (0 comments)
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short sale specialist: Stressed out about your mortgage? Your Orange County Short Sale Specialist
- 02/06/12 08:11 AM
YOU’RE FACING FORECLOSURE! YOU’RE SHORT ON MONEY....
CAN'T REFI? NO EQUITY? NOT SURE WHAT TO DO?
NEED HELP AND DON’T KNOW WHERE TO TURN?
NOT SURE IF YOU QUALIFY FOR A SHORT SALE….
DO YOU WANT TO BE STRESS FREE……I CAN HELP!!!
Time is of the essence!!!!!!!!!
WE DO NOT CHARGE FOR ANY OF OUR SHORT SALE SERVICES WE GET PAID BY YOUR LENDER
We have assisted over 400 home owners avoid foreclosure!! You will not be disappointed. 99% success rate on short sale lender approvals
www.ReMaxAnn.com
Orange … (0 comments)
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short sale specialist: Have you considered a Short Sale? – Your OC Short Sale Specialist
- 02/06/12 08:03 AM
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 from the Short Sale | Pre-Foreclosure Division of Re/Max.
Our consultation is absolutely FREE and confidential. We are here to help and our services will prove it….
We have assisted over 400 home owners avoid foreclosure!! You will not be disappointed. … (0 comments)
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short sale specialist: Short Sale your home for up to $5,000 cash back - Orange County Short Sale Specialist
- 02/06/12 07:49 AM
See if you Qualify for a HAFA Short Sale
See if you Qualify for a HAFA Short Sale
Do you have a hardship? (Things have happened where you find yourself struggling to make your mortgage payment or can't make it at all.)
Do you want to save your credit from a bankruptcy and/or foreclosure? (Bankruptcy and/or foreclosure will damage your credit for 7 - 10 years)
Have you missed any mortgage payments? (Banks may approve a short sale if missed mortgage payments are inevitable)
Do you need to relocate?
Have you been … (0 comments)
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short sale specialist: DEFICIENCY JUDGMENTS IN A SHORT SALE - YOUR OC SHORT SALE SPECIALIST
- 02/06/12 07:18 AM
Definition - Recourse vs. Non recourse Loans
In California, most first and second loans that are used to purchase a owner occupied residence are non recourse, but loans from refinancing a previous mortgage, equity loans and lines of credit are usually recourse. A recourse loan means that the debtor may remain personally liable for the debt even after a short sale or foreclosure.
DEFICIENCY JUDGMENTS
If you have a recourse loan, the lender may still come after you for the balance of your loan even after a foreclosure or short sale. If possible, attempt to get the bank to accept … (0 comments)
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short sale specialist: A Short Sale CAN and WILL HELP - Orange County Short Sale Specialist and Realtor
- 02/03/12 09:34 AM
-Are you In a Default Situation? -Are you Facing Back House Payments? -Do you Need To Sell ASAP? -Do you Have Little Or No Equity In Your Home? -Do you Owe More Than Your Home Is Worth? -Do you have a Notice of Default? -Do you have a sale date?
A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed.
We have assisted over 400 home owners avoid foreclosure!! … (0 comments)
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short sale specialist: Short Sale your home at NO COST – Orange County Short Sale Specialists
- 02/03/12 09:25 AM
See if You Qualify for a Short Sale
· Do you have a hardship? (Things have happened where you find yourself struggling to make your mortgage payment or can't make it at all.)
· Do you want to save your credit from a bankruptcy and/or foreclosure? (Bankruptcy and/or foreclosure will damage your credit for 7 - 10 years)
· Have you missed any mortgage payments? (Banks may approve a short sale if missed mortgage payments are inevitable)
· Do you need to relocate?
We have assisted over 400 home owners avoid foreclosure!! You will not be … (0 comments)
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short sale specialist: 4 ways to search for a Short Sale Specialist - California short sale Realtor and Specialist
- 02/03/12 08:28 AM
Searching for a California Short Sale Listing Agent
Due to rising numbers of foreclosures and short sales in certain parts of the country since 2006, many real estate agents have decided to market themselves as short sale specialists. Some of those agents have little or no short sale experience.
Here are 4 ways to find a short sale listing agent:
· Referrals From Family / Friends
In some areas, foreclosures are ubiquitous and more the norm than a regular sale. Sellers may already know someone who successfully closed a short sale, and that seller is an excellent source … (0 comments)
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Brought to you by the Queen of Short Sales Short Sale Q & A Q: What is a Short Sale?
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