short sales: HAFA Qualifications - HAFA Short Sale Specialist
- 02/25/11 06:27 AM
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 considered for other foreclosure prevention options including loan modification.
Borrowers must also meet HAMP eligibility, but can be either delinquent or current on their mortgage payments. Even if current, the borrower must be able to demonstrate financial hardship.
Here are a few guideline questions to ask yourself … (0 comments)
short sales: Benefits of a Short Sale, Orange County Short Sale Assistance, Free short sale services
- 02/22/11 02:40 PM
If you are 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 You need to relocate Loss of income Nobody wants to lose their house. Foreclosure can be devastating to your credit. It can also lead to the bank filing a deficiency judgment against you and garnishing your wages in order to collect unpaid debt for you loan. A short sale will help you: •· Avoid Foreclosure •· Avoid Bankruptcy •· … (1 comments)
short sales: Short Sale Negotiation Tips - ORANGE COUNTY SHORT SALE REALTOR
- 10/10/10 08:34 AM
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 level of knowledge and is organized. The following is a 10 point process that gives a high level overview of how everything works and when it should occur during the process. Remember, the specific lender always dictates the process.1. Gather all paperwork from homeowner to show the bank that there is a … (0 comments)
I have to vent !!!! My client owes CITI 565k and the second Indy Mac 170k. I got an offer for 565k and Indy Mac said they will take 15k and release lien and CITI will not take the offer they want 650k The property is worth no more then 570k and that is market value. Citi did an appraisal back in October and we have done a new appraisal and sent that in including comps to prove the value of the home. CITI says they would … (2 comments)
short sales: Sued for a Deficiency Judgment After Foreclosure - Orange County Short Sale Expert
- 10/10/10 08:21 AM
Deficiency Judgment after foreclosure Although the topic of deficiency judgments has been on the Internet, it is one of the most commonly asked questions that homeowners have regarding losing their homes to foreclosure. One reason for this, of course, is the fact that home values have decreased nationwide, and foreclosure victims know that their properties will not sell at the county sheriff sale for an amount that will pay off the loan in full. Therefore, they are worried about having to pay the difference to the mortgage company, and the possibility of the lender suing them after foreclosure and going after … (3 comments)
short sales: Guide to help you through a Short Sale - Orange County Short Sale Expert
- 10/10/10 08:09 AM
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. Submit Letter of AuthorizationLenders typically do not want to disclose any of your personal information without written authorization to do so. If you are working with a real estate agent, closing agent, title company or lawyer, you will receive better cooperation if you write a letter to the … (1 comments)
short sales: AVAILABLE REO AND SHORT SALES FROM ANN URIAS
- 09/17/10 08:37 AM
AVAILABLE LISTINGS....MLS #....ASKING PRICE 11520 STONECREST DR. RANCHO CUCAMONGA 91730....K10069584....$239,900 24650 MOONLIGHT DR. MORENO VALLEY 92551....K10072458....$189,900 26263 VIA ROBLE. MISSION VIEJO 92691....P748040....$205,000 16246 SEVILLE AVE. FONTANA 92335....K10088454....$240,000 884 AZURE CT. UPLAND 91786....K0091793....$299,900 13701 LOCUST CIR. #6 WESTMINSTER 92683....P750363....$319,000 3336 E. ROSEDALE LN. UNIT A ORANGE 92869....P750445....$479,000 10270 DUN CT. RIVERSIDE 92503....K10093733....$185,900 12731 PINEHURST CT. GARDEN GROVE 92840....P752143....$302,100 1912 EDINBURGH WAY YORBA LINDA 92831....P735950....$649,000 435 W. 9TH ST. H2 UPLAND 91786....K10098076....$129,950 1353 E. 15TH ST. UPLAND 91781....K10098522....$315,000 866 N. 3RD PL. UPLAND 91786....K10099145....$175,150 23302 ORANGE AVE. #8 LAKE FOREST 92630....P745385....$149,000 10950 GLENOAKS DR. RANCHO CUCAMONGA 91730....K10060825....$319,000 LICENSE # 01451803 WWW.REMAXANN.COM … (0 comments)
short sales: Short Sale your home, up to $5,000 cash back - Orange County Short Sale Specialist
- 09/07/10 05:59 AM
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 denied for a loan modification? Going through a divorce Medical issues My Short sale services are … (1 comments)
short sales: 4 DAY SHORT SALE APPROVAL - Wachovia short sales - Orange County short sale specialist
- 09/02/10 06:09 AM
4 DAY SHORT SALE APPROVAL - WACHOVIA SHORT SALES WOW!!!!! Unbelievable service from Wachovia short sale department I submitted the short sale package on 8/12/2010 and got approval on 8/16/2010 My client the seller also received a $5,000 for relocation assistance from Wachovia, they approved a full 6% commission and paid all the back HOA fees, transfer fee's and backed taxes. We closed the short sale on 9/1/2010. What an amazing job Wachovia and Wells Fargo have done stream lining the short sale process
www.remaxann.com Your Orange County Short Sale Specialist You may contact Ann at 714-588-7676 for a confidential … (3 comments)
I have a short sale with Chase the loan used to be a WAMU loan. For some reason Chase is handling the WAMU short sales at a reduced speed. They are taking 60 days just to order the bpo. Short sales have been back now since 2005. Chase should get their act together. I had a short sale that was held by CHASE and the approval process only took 45 days. For some reason the WAMU loan numbers are taken care of by a different short sale dept and are given less … (1 comments)
I received on offer on a property that had 3 liens in June 2009. I started the short sale process back on 6-3-2009 and the 1st lien was with Bank of America and the 2nd and 3rd liens were with California housing. We did receive an approval on the B of A lien with in 60 days. California housing was on title for the 2nd and 3rd liens. I receive a call 2 weeks in to the process that California housing does not have the 2nd and 3rd liens AHMSI does. Well AHMSI is in … (3 comments)
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 … (6 comments)
short sales: ATTN: LOAN MODIFICATION COMPANIES MAKE MONEY ON YOUR SHORT SALES
- 05/21/09 07:06 AM
20% REFERRAL FEES Your clients are not happy with their loan modification A Short Sale may be their only option. RE/MAX HOMES & ESTATES Short Sale Division can help. Specializing in the "Short Paying" process we will process your Short Sale and take care of the conventional Real Estate portion. At close of escrow we will PAY you 20% of the approved lender commissions. We have worked with over 40 banks and we have successfully closed over 180 short sales nationwide.
For further information please contact: ANN URIAS (714) 588-7676 Servicing Southern California www.ReMaxAnn.com … (2 comments)
short sales: Successful Short Sale Ladera Ranch CA - Ladera Ranch Short Sale Specialist
- 05/14/09 06:01 PM
Successful Ladera Ranch short sale This was an investment property that my client bought 5 years ago. He refinanced the condo and cashed out 2 times prior to short selling the condo. He owed the 1st mortgage $ 530,000 and the 2nd mortgage $ 200,000 Property sold in approx 10 days for 349k Short sale approval for both banks took 7 weeks. The original buyer cancelled escrow and then we received a new offer for 337k. The bank did accept the new offer. That process took approx 7 days for the new approval. 1st lender accepted $ 307,000 2nd lender accepted $ 3,000 … (0 comments)
short sales: SHORT SALE BANKS THAT HAVE QUICK TURN AROUND - OC SHORT SALE SPECIALIST
- 10/21/08 03:29 AM
ARE YOU CONSIDERING DOING A SHORT SALE WITH ANY OF THE LENDERS LISTED BELOW? Contact me asap......... FIRST FRANKLIN, GMAC, DITECH, HSBC, LITTON, WACHOVIA, EMC, AURORA LOAN SERVICING,OPTION ONE, AHMSI, WELLS FARGO I can help and these banks have quick turn around times. you can go to www.ocshortsalerealtor.com or ReMaxAnn.com for more info or call me direct at (714) 588-7676. RE/MAX HOMES AND ESTATES SHORT SALE DIVISION We have a 94% success rate, list with a professional!!!!!
IRVINE HOMES FOR SALE, GREAT PARK NEIGHBORHOODS, IRVINE NEW HOMES FOR SALE, LAGUNA ALTURA, QUAIL HILL, OAK CREEK, WEST IRVINE, ORANGE COUNTY UPDATES, IRVINE REAL ESTATE
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 considered for other foreclosure prevention options including loan modification.
;)
;)
;)
