pre foreclosure: This is why I do short sales, and what it's all about... - 01/13/12 03:27 PM
This is what it's all about.   Months ago I knocked on a door of a home owner in Pembroke Falls which is in my neighborhood. His mother and him were three weeks from the foreclosure sale. I was able generate an "arms length" offer, stop the foreclosure sale and we closed on the home January 3, 2012.   My clients are moving into a condo community that required approval post closing of their home. I was also able to negotiate with the new buyers to let them stay in the home until they were approved by the condo association.   … (2 comments)

pre foreclosure: Why I am 100% successful in negotiating short sale approvals. - 10/13/11 04:21 AM
Yesterday, it occurred to me the reason for the 100% success rate (275+ short sale approvals) I am able to achieve for my short sale clients (National average is 30%) is I hold myself fully accountable for the transaction. I am in total control of their files, don't use third parties to do my job, and handle the entire transaction from pricing to listing to marketing to negotiating to short sale approval to closing to post closing details and follow up. Saving my client's from foreclosure is extremely important work because if I fail and they are foreclosed their credit is … (1 comments)

pre foreclosure: I'm Two Centurions In One. First 100 (actually 225) Aircraft Carrier Landings In the Navy and NOW, 100 Short Sale Listings...SOLD! - 08/06/11 04:51 AM
I'm going to pat myself on the back. I've earned it the hard way.  Short Sales! I just made Short Sale Centurion! 100 short sale LISTINGS sold and still have a 100% success rate (National avgas. 30%). I cannot do better than that. Of course, to sell 100 short sales require 250 lender/investor/MI company approvals because homes have to be resold 2.5 times before we can get one to the closing table. In the last 60 days, I've close three short sales that took over two-years. The key to success is persistence, knowledge and experience. It pays off the read the … (6 comments)

pre foreclosure: Where is NAR now that we need them fighting for us, more than ever? - 08/02/11 05:14 PM
NAR has a duty to your members and you are failing your members miserably. The housing market has collapsed purely due to Wall Street Greed. This is the hand we are dealt and are forced to play out. 130 million home owners, one million Realtors have been, are and will continue to pay the price for years to come while NAR does nothing, but fiddle while your membership burns.   I have written thousands of words on what is causing your members to suffer horrific abuses while negotiating short sales. As a four year veteran of the short sale wars, 250+ … (5 comments)

pre foreclosure: The Great American Ponzi Scheme or Is It Economic Treason or Terrorism? Maybe It's All Three? - 07/25/11 05:19 PM
Since 2008 tens of millions of people have lost their jobs, savings and homes.  The finger can be pointed to one person who put the nail in America's financial coffin.  The following is just small history lesson:
After listening to the horrific terrorist murders in Norway of innocent people. I thought about what happened to our own country. I know the housing market lost over $10 trillion in equity, millions are out of work and the National Debt is over $14 trillion. Bernie Madoff earned a life sentence in jail for a $65 billion Ponzi Scheme and Scott Rothstein, who I know, … (7 comments)

pre foreclosure: Successful Short Sales: What experience, knowledge and skill can accomplish. - 07/23/11 08:47 AM
It can be done and lenders can help and are willing to cooperate if you don't give up, know your clients, file and facts. Friday we finalized a short sale with a large first and second (HELOC) mortgage. The lenders released both the notes and liens. This was not a HAFA program short sale. Without going into the hardship the home sold for $445,000 with 3% seller contribution. The first was owed $489,000 and the second the HELOC was $271,000. The first agreed to pay the second $6000 with the stipulation that the lender of that HELOC would not get more than the $6000. … (0 comments)

pre foreclosure: 13 Abuses Suffered By Short Sale Realtors By Servicers and Investors. - 07/19/11 04:33 PM
Permit me to blow off a little steam after being abused by the servicers for the greater part of another 14 hour short sale day.  To say I am mad as hell would be an understatement. To say I am angry at what the Banksters have brought upon all of us would be an understatement.
Yesterday, I blogged about three HAFA successes they were relatively small deals and went well. How fast our business makes an about face? Today I lost a BOA $570,000 short sale because BOA took too long the buyer walked, Today on another BOA short sale they took a $320,000 … (2 comments)

pre foreclosure: HAFA short sales can go perfectly even in there is still no standardization. - 07/18/11 04:57 PM
Today we closed a perfect HAFA Short Sale and it went smoothly and closed on schedule. Friday we are on track to close another HAFA deal, and last week we closed one too. All sellers had the deficiency waived and received their $3000 relocation assistance at closing. So, HAFA can work! I do have a few we've been working on for over the 45 days timeline set by HAFA guidelines for short sale approval. They are absolutely HAFA eligible, but they seem to have gotten off track. Hopefully, I will soon have them back on track. The problem I have notice … (1 comments)

pre foreclosure: What does $10 Tillion, $93 Billion, 130 Million, 1.2 Million Have In Common? - 07/16/11 04:28 AM
I am very angry at what the few has done to the many. The criminally accumulated obscene wealth by those who are in a fiduciary position and who we entrust to represent us has gone unpunished. These very few should be have been held to a much higher standard instead of the lower standard that is now part of the American way of life as we continue to allow them to steal money from everyone of us. Every time I list a short sale home it makes me even angrier. Why? Because I see the results of what these very few … (2 comments)

 
Edward Goldfarb 450 Short Sale Approvals - 1750 Sales, www.GoldfarbForCongress.com (Keller Williams Realty)

Edward Goldfarb 450 Short Sale Approvals - 1750 Sales

www.GoldfarbForCongress.com

Fort Lauderdale, FL

More about me…

Keller Williams Realty

Address: 2000 NW !50 Ave., Ste. 1100, Hollywood, FL, 33028

Fax: (800) 801-8103

Mobile: (954) 605-8427

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