short sales: Short Sale Success In Buford - 08/12/13 08:26 PM

We're excited to tell you that we finally closed 2090 Brickton Station, in Buford.  This short sale success was a result of our teams tenacious resolve to see this through to the end.  After over 4 buyers put this home under contract and then flaked out we thought it might be the one exception to our normally guaranteed sale of short sales.  We feel blessed that that we found favor by "going up the chain" with Fannie Mae.  Fannie Mae short sales aren't impossible, but they are more difficult, especially when they think a home is worth what it sold for … (0 comments)

short sales: Citi Short Sale and Other Short Sale Attributes - 07/02/13 09:13 PM
After hundreds of short sales I've learned a few things.  I'd like to say we have favorites, but as the comments on my SPS Short Sale video will tell you, saying something like that can be taken the wrong way.  Let's set the record straight, we don't like short sales anymore then anyone else, but we dislike foreclosure more then short sales.  In fact, when looking at it from "that" angle, we love short sales.  It's the lesser evil by a long shot.
In fact, I'll take it one step further, I think short sales are better then staying in your home … (2 comments)

short sales: Atlanta Short Sale Recap - 06/12/13 09:14 PM
Over the past 5 years we've written a ton of Atlanta short sale posts.  As short sales wind down there's not as much talk of them even though they will linger with us for at least 2 more years in some cases.  There's several still very relevant short sale posts that make sense to cover them here.  What used to be a traffic jam for short sales have become a little more fluid.
FHA Short Sale Guidelines - We did a 3 part series on the FHA Short Sale Process.  Even though the videos and content are a few years old, … (1 comments)

short sales: Gwinnett County Preview Weekend - 04/19/13 01:08 AM
If you're looking for a home then get excited.  We're listing 2 homes on Monday but you get the preview today!  Check it out. 
2898 Cardinal Trace Duluth
This Duluth Short Sale will be priced at $125K and has 3 Bedrooms and 2 Baths sitting on a Full Basement in the Culdesac..  Located in the Cardinal Lake Subdivision.  This home has a wide and deep lot and a ton of space for you to grow into. 
 
4349 Cary Drive Snellville
This Norris Lake short sale is priced at $50K with 2 Bedrooms 2 Baths and another Full Basement.  The 3rd Bedroom was converted into oversized … (1 comments)

short sales: Looking For Homes For Sale in Lawrenceville - 04/05/13 01:28 AM
Looking For A Home In Lawrenceville?   The Jarvis Team is having a preview weekend for 2 homes that are not currently on the MLS.  These homes are short sales and are both ranches with Bonus Rooms.    1219 Simonton Glen Way   This short sale home for sale is an all brick ranch with 3 bedrooms and 2 bathrooms and a bonus man cave/playroom above the garage.  The open floor plan, sun room, granite counters all give it that luxury that's not commonly found in this price point or area.    1613 Leather Lake Court   This short sale ranch … (0 comments)

short sales: Alpharetta Short Sale Home For Sale - Just Listed! - 150 Morning Pine - 01/15/13 10:16 PM
Alpharetta has a new short sale listing that will blow you away.

150 Morning Pine Court -  the description says - SHORT SALE - AMAZING OPPORTUNITY! CLASSIC ALPHARETTA HOME, W/ OPEN KITCHEN, GRANITE COUNTERS, 2 STORY FAMILY ROOM - AND INCLUDES DINING ROOM, SEPARATE LIVING ROOM AND STUDY! FOUR SPACIOUS BEDROOMS COMPLETE WITH MOSTLY UPDATED BATHROOM, ON FULL FINISHED BASEMENT - ALL SITTING ON CUL-DE-SAC LOT WITH PLAYGROUND, BASKETBALL COURT ATTACHED.

This short sale will go quickly, it's located right off McGinnis Ferry road in Alpharetta.

To search all the new listings in Alpharetta, click here.
(1 comments)

short sales: Where's The Homes For Sale In Atlanta? - 03/12/12 07:25 AM
Where's The Homes For Sale In Atlanta?
You might not have noticed this if you've already narrowed your search to a city or suburb.  However, if you're still looking at Atlanta Homes for sale, then you might be a bit frustrated.  The picture on the left shows every home with at least 3 bedrooms and 2 bathrooms listed for sale priced at under $100,000 (Do the same Atlanta Search we did).  We did eliminate about 90 Atlanta short sales that were obviously being mis-represented (no photo, poor pricing, poor descriptions).  
What we found so stricking was that there were hardly any homes … (0 comments)

short sales: River Club Short Sale Closes Without Deficiency! - 02/29/12 02:11 AM
River Club Short Sale Closes Without Deficiency!
The Jarvis Team just closed one of our short sales in the River Club in Suwanee (This is the most expensive and luxurious neighborhood in Gwinnett County by far).  This short sale was a Suntrust mortgage and although it took a few months and we went through 2 buyers, this  River Club short sale was closed and the owner didn't have a deficiency.  Meaning they didn't have to pay Suntrust back anything.  The debt was, of course, forgiven. 
I was excited to share this story with you because so often we hear stories about … (0 comments)

short sales: New Short Sale Timelines - 02/22/12 12:27 AM
New Short Sale Timelines
I was working on a resource guide for our buyer's agents and buyers of our short sale alike and wanting to give them some more specifics than just the usual 60 days and get into some bank specifics.  After reviewing our data  from doing Atlanta Short Sales, I was very impressed to see that Timelines have sped up significantly! 
I was pretty impressed that Citi Short Sales got even better! Suntrust also made huge improvements! 
Citi Short Sales - Less than 30 days in most cases.  Our last one was 6 days!  Wells Fargo Short Sales - … (2 comments)

short sales: Best Buy of The Week is My Lawrenceville Listing! - 02/01/12 06:44 AM
I've started a best real estate buy list and e-mail my clients every week about what's the best deal on the market.  This week, I actually think out of all the Lawrenceville homes for sale, my listing is the best deal!! This home pictures located at 981 Sunhill Court, features 5 bedrooms, 3.5 baths, a full finished basement, updated "amenities" and hardwoods throughout.  What you might not know is that it features one of the nicest, largest, most private backyards I've ever seen, period.  All of this on a cul-de-sac lot inside swim and tennis community located right off of HWY … (0 comments)

short sales: Suwanee Short Sale Approved In The River Club - 01/23/12 12:01 PM
Suwanee Short Sale Approved In The River Club
If you're shopping for River Club homes in Suwanee Real Estate then you owe it to yourself to take a look at this home located at 902 Little Lost Landing.  This home was approved for a short sale price of $910,000 after several offers.  Unfortunately, we're at the end and need to sell this home for what amount almost EXACTLY %50 of what was purchased for.  This of course excludes the upgrades the owner has put into the home.
This short sale is approved, only has one loan and we can get a … (1 comments)

short sales: What Is A Deal Breaker For Short Sales? - 01/23/12 08:36 AM
What Is A Deal Breaker For Short Sales?

It happens all the time around the real estate water cooler, agents talking about how much they hate short sales and why they won't take them. It's a shame too, because there are agents out there on the other end of the spectrum that are taking short sale listings when they shouldn't, especially those that claim to have some sort of certification that they simply bought so they could say it.
Still, a good short sale specialist will have a qualification list of what short sales they will take.  Here's our list … (1 comments)

short sales: Money For Short Sales? - 01/20/12 08:14 AM
 
Bank of America just announced support for several programs and an encouragement for homeowners, if you are a home owner facing foreclosure and your bank is Bank of America, it's time to do a Bank of America Short Sale.
Start now.  It could mean up to $3,000 in relocation assistance for short sale clients serviced by Bank of America.  Bank of America has worked with their own guidelines to develop short sale programs in which details of the sale are agreed upon before listing the home. Agreeing to these terms early creates transparency and speeds up the process. The … (1 comments)

short sales: New Bank Of America Short Sale Resource - 01/13/12 08:48 AM
New Bank Of America Short Sale Resource
We're pleased to announce that we have just started our original in a a number of of many more to follow, resource pages for short sale sellers.  The first bank up is Bank of America short sales and aims to be  the "end all be all" for Atlanta Short Sale clients.  It's an amazing collection of information all the way from contact information to timeline expectations.  We plan to create a page like this one for each bank we currently work with.  It's critical to note that this information is specifically for GA Home … (3 comments)

short sales: Half Off Sugraloaf Country Club? - 01/12/12 09:39 AM
Half Off Sugraloaf Country Club?
Ok, so the Sugarloaf Country Club homes are literally priced at 50% off, but in many cases as you look through the short sales and foreclosures in the neighborhood, there are many that are half or even a small bit more in some cases less than what the home was purchased for.  This is true of other neighborhoods like the River Club but Sugarloaf simply has more homes that are at the most deeply discounted they could possibly be.  Now is the time to act on these homes if you were thinking of moving into this … (1 comments)

short sales: How much do I owe in taxes if I do a Short Sale? - 09/26/11 10:30 AM
How much do I owe in taxes if I do a Short Sale? The subject of taxes on a short sale come up almost as much as what is a short sale.
Short Sale taxes are to some extent problematic when opposed to the typical real estate transaction. First of all, if the home is the seller's primary residence and they sell it via short sale then they are exempt from taxes on it under the Debt Forgiveness act of 2008 (was extended). Therefore short sale taxes don't really come into play in this instance.

For investors or people who … (1 comments)

short sales: Successful Short Sale Closings In Atlanta - 02/05/10 12:57 AM
We've been so busy with short sales and stopping foreclosure we forgot to share our successes in November, December and January 2010!
Here's the homes, and the banks that we closed in just these three months!
For those out there working with short sales, just keep your head up, you have to wait it out a few months and your "pipeline" is longer but the reward is great.  You get to help homeowners avoid foreclosure and you get to feed your family.  Not a bad way to do real estate.
Short Sale Homes Closed by the Jarvis Team from Nov 2009 … (6 comments)

short sales: Short Sale - New Year Recap Announcement - 01/05/10 12:25 AM
With the new year, comes new short sales.  I thought I would share with you what we are seeing in the market place and hope that you might share with us so we can all grow.
HAFA is getting rolled out and if you don't know, be sure to read up on it.  It'll likely streamline the Fannie Mae and Freddie Mac loans with some wrinkles, such as possibly having to wait for you clients to be denied a loan mod first. FHA Short Sale loans are still awesome to work with, but for Bank of America FHA Short Sales, … (3 comments)

short sales: There's A Biscuit Under There! - 08/10/09 02:06 PM
I've been working internet leads for over 7 Years.  I can remember starting with HomeGain when sitting in front of computer was about all it took to talk to a live body. Who can forget Advance Access?  Their templates are still the same!  Whatever works for you, I guess. 
A few months back there was a particular agent that came out and said that the "back to basics" message was dead.  The "List to Last" mantra was tired.  The Millionaire Real Estate Agent Model, Leads, Listings and Leverage... old hat.   I wonder what that agent is doing now?  Probably doing well … (8 comments)

short sales: Court Case Could Effect Short Sale Specialists - 07/07/09 12:49 PM
Recently a court case ruling about Administrative Fees (Busby v. JRHBW Realty, Inc, d/b/a RealtySouth) made me think, "Good for them!"  I've never been a proponent of Admin Fees.  They are junk fees after all.  However, as a short sale specialist, I had to think about this a bit more.
In this case, the plaintiff won a class action law suit against RealtySouth for charging Admin Fees that were legally proven not to have done anything to help in the transaction.   Short Sales can feel like the wild west and now some of the extra ways of collecting a full commission … (38 comments)

 
Joshua Jarvis, Moving Families Forward. (Virtual Properties - Atlanta Real Estate) Rainmaker large

Joshua Jarvis

Moving Families Forward.

Duluth, GA

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Virtual Properties - Atlanta Real Estate

Address: 1960 Satellite Blvd, Suite 1100, Duluth, GA, 30097

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