short sale: Wall Street Gone Wild! - 02/05/12 03:43 AM
Wall Street Gone Wild! Strategic Defaults? There was a fraud perpetrated on the American people by no less than Wall Street and the Federal Government. And, if you don't believe it, I have a bridge I'd like to sell you that goes from Brooklyn to Manhattan. Or, you have your head buried where the sun don't shine. Most of my clients were put in positions due to no fault of their own and homes values went up so much so fast they were afraid if they didn't buy at the "artificially" inflated prices they would not be able to buy at … (0 comments)

short sale: 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)

short sale: America can be POWERFUL again. Know our enemies! - 11/06/11 01:22 AM
  Google Saul Alinsky, Obama's mentor, "Divide & Conquer". Folks, Obama wrote it on the wall it was in plain sight and the "masses" misread it. They do not understand what the "Change" Obama (New World Order) is about. America was founded because the Colonist wanted to escape government control and tyranny. Have we come full circle: Knowledge is POWER, Google New World Order, George Soros, Agenda 21, Bilderberg Group, Trilateral Commission, Council on Foreign Relations. The conspiracy is so wide, so big, so far reaching with many tentacles it is hard to comprehend. Yes, I know I have said this … (0 comments)

short sale: Knowledge is POWER! America can be POWERFUL again. Know our enemies! - 11/06/11 01:21 AM
  Google Saul Alinsky, Obama's mentor, "Divide & Conquer". Folks, Obama wrote it on the wall it was in plain sight and the "masses" misread it. They do not understand what the "Change" Obama (New World Order) is about. America was founded because the Colonist wanted to escape government control and tyranny. Have we come full circle: Knowledge is POWER, Google New World Order, George Soros, Agenda 21, Bilderberg Group, Trilateral Commission, Council on Foreign Relations. The conspiracy is so wide, so big, so far reaching with many tentacles it is hard to comprehend. Yes, I know I have said this … (0 comments)

short sale: HAFA Question on 2nd lien holder. Can anyone answer this? - 11/03/11 09:22 AM
I was under the imprssion the the payoff for the second lien holder is 6% or $6000 whichever is less.  I was told by a second lien holder that my informaion is inccorect.  Last  February the payoff to the second was not a straight $6000 regardless of the principal balance of the second lien.  Does anyone have an answer and can send a link where the second lien payoff is officially addressed?
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short sale: 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)

short sale: Short Sale vs Foreclosure: With Foreclosure Wars, Inc. we can fight back. Will you join the army? - 09/10/11 05:02 PM
There are many companies promoting for profit training, certifications and designations for the handling and processing of short sales, but not a single one with the objectives and goals of that of the proposed Foreclosure Wars, Inc. I am in process of forming Foreclosure Wars Inc. a not for profit corporation dedicated to short sale education, awareness, standardization and reform. I have checked the availability of the name as a Florida corporation and have taken the initial steps by writing the corporate goals and objectives.
Please review and make any suggestion you like. I have been a Realtor for 21 years, … (0 comments)

short sale: They Want America To Fail! - 08/23/11 04:55 PM
It wouldn't be a day without blogging and trying to make a difference regarding the insane, absurd and abusive environment we as short sale agents and others who work in the short sale arena must endure just to earn a difficult living.
I was brought up to believe in a work ethic where if you did an honest day's work, for an honest day's pay and did good job you would make an honest living. That no longer applies in America. As I sit on the phone all day calling bank after bank or at the computer writing email after email … (4 comments)

short sale: Navigating the Short Sale Maze, or How Do We Navigate From Absurdity To Abuse? - 08/17/11 02:11 PM
Hey, short sale specialist. Are you tired yet of spending 10 times for time, reselling the same homes 2.5 times over before a deal closes? Are you tired of resubmitting all the docs over and over? Are you tired of working a short sale for month only to find out the lender/investor already foreclosed and no one told you? Are you tired of working harder than ever and getting paid less? Are you tired of having the loans turned over to collection agencies in the middle of negotiations? Are you tired of feeling like the enemy when dealing with some negotiators? Are … (4 comments)

short sale: 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)

short sale: Follow up to my last blog question. Here is the definition of treason. - 08/03/11 05:15 PM
trea·son    /ˈtrizən/ Show Spelled[tree-zuhn] Show IPA noun 1. the offense of acting to overthrow one's government or to harm or kill its sovereign. 2. a violation of allegiance to one's sovereign or to one's state. 3. the betrayal of a trust or confidence; breach of faith; treachery.   By it's very definition, I maintain, the Banksters of Wall Street and the politicos who orchestrated economic collapse are guilty of treason. … (7 comments)

short sale: How did Ayn Rand know this in 1950? We better all read Atlas Shrugged! - 08/02/11 05:20 PM
When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods, but in favors; when you see that men get rich more easily by graft than by work, and your laws no longer protect you against them, but protect them against you...you may know that your society is doomed. - Ayn Rand - Atlas Shrugged
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short sale: Lincoln said it, now more than ever, "United We Stand, Divided We Fall". - 07/28/11 02:06 AM
Doesn't it make you mad as hell? Due to the repeal of Glass-Steagall Act 1933 which regulated the banking industry, Bill Clinton signed Gramm-Leach-Bliley Act 1999 that deregulated banks. For the first time since 1933 banks can use depositor money to gamble. The Banksters didn't care if a loan could be repaid because the riskier the loan the more money they made. Don't you think it's time to take America back? You must see these two documentaries, "Too Big To Fail" and "Inside Job". YOU MUST! Remember, Lincoln's quote applies more than ever today, "United We Stand, Divided We Fall".  Don't … (0 comments)

short sale: 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)

short sale: Foreclosure: Just A Few Small Numbers (remember nine 0's is a billion, 12 a trillion) - 07/20/11 01:51 AM
To forecloser on the average home in U.S. represents a $260,000 LOSS TO BANK/INVESTOR.
It represents a 70% per unit and is considered wholesale sale.
Average loss per unit to foreclosure is $182,000.
The number of foreclosed homes in 2011 is between 1 - 2 Million units.
Total annual loss to foreclose 182,000,000,000 to $364,000,000,000.
LOSS TO BANK FOR A SHORT SALE is 40% per unit and is considered a retail sale.
Average loss per unit to short sale is $104,000.
Number of homes that could be short sold v foreclosed 5 to 10 Million units.
Total annual loss to short sell … (0 comments)

short sale: 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)

 
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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