hafa short sale: The short sale process - In 5 EZ steps - A thumbnail view for sellers. - 08/20/11 01:42 PM
The short sale process - In 5 EZ Steps - A thumbnail view for sellers.
Sellers want to know what is the short sale process. How does a short sale work? Can I short sale my house?
Yes you can,the short sale is a process that I Sheppard my clients through from beginning to end.
1. We consult and you decide if a short sale is YOUR best option.2. You provide me with the supporting documents your lender needs for a short sale.3. I list your home and find a buyer.4. I negotiate with your lenders and get you an approval … (5 comments)

hafa short sale: Are you looking for a short sale specialist,STOP HERE. - 05/14/11 07:24 PM
If your looking for a Temecula Short Sale Specialist I would like to talk to you.You need to have an experenced agent to get you through a short sale and I have been helping my clients get their short sales APPROVED for over 16 years.
There are many moving parts to a short sale and I have continued to study them all and have also been certified as a *HAFA short sale specialist.Via the HAFA short sale program you will receive a check at the close of escrow for $3,000.00 and you will be released from the deficiency. Let's talk,no pressure,no … (3 comments)

hafa short sale: HAFA Short Sale Participating Lenders. - 05/11/11 06:52 PM
HAFA Short Sale Participating Lenders.
If you have been wondering if your elgible for a HAFA short sale one big factor is your lender.Below is a paragraph from the legal section of the participating lenders HAFA Fact Sheet put outby the California Assocation of Realtors.
HAFA (Home Affordable Foreclosure Alternatives ) is now also available for mortgages that are owned or guaranteed by Fannie Mae & Freddie Mac or serviced by over 100 HAMP (Home Affordable Modification Program ) participating servicers/lenders.  However different rules apply to loans owned or guaranteed by Fannie Mae, Freddie Mac, or insured by FHA, VA, or the Dept. … (2 comments)

hafa short sale: Temecula Short Sale Specialist,the numbers are in. - 03/13/11 03:37 PM
Temecula Short sale Specialist,the numbers are in. 
The latest stats show that the number of foreclosed homes has declined and the number of homes sold have increased.These new numbers tell me that the many programs in place to get the housing market back up are working. One big factor is the short sale.
A short sale gives the homeowner an option to save a home from foreclosure. This year the U.S. Treasury will spend billions of dollars to assist homeowner's by paying them to cooperate in a short sale. The incentive of $3,000.00 or more is part of the HAFA program. … (0 comments)

hafa short sale: I am a Short Sale Robot - 12/04/10 06:41 PM

I am a Short Sale Robot.
I have a schedule that I follow most every day in order
to get my clients short sales approved. I have to 
Act like a robot.The process is to call the banks non-stop
and keep my clients files updated. I have found from experence
that if the calls are not made often,the files don't get worked on by the banks.
They will tell me to call back in 10 days to check on the file,but if I   wait that long I find that in most cases no work has been done on the file. That's why … (4 comments)

hafa short sale: Temecula Short Sale Specialist,Expert,Agent - 11/28/10 06:25 PM
Temecula Short Sale Specialist,Expert,Agent. 
Which one is it? In my blogs I will call myself a Short Sale Specialist one day and the next blog I will be a Temecula Short Sale Agent then a Short Sale Expert. Well I like to cover all bases. I am even a HAFA Certified Short sale agent. I wear all these badges as I continue to study and learn all I can about short sales as they are a major part of our market here in Temecula.I have been doing short sales for over 16 years,way before they became the number one type of … (0 comments)

hafa short sale: PMI and the short sale,not a good combo. - 11/03/10 08:10 PM
The short sale and PMI,not a good combo.
I have nearly a 100% success rate on getting short sales approved for my clients,but I have hit a wall on my latest short sale and today I found out why. It's called PMI,short for Private Mortgage Insurance. 
Many sellers don't even know what it is or if they even have PMI on their home loans.
During this short sale process PMI reared it's ugly head at the tail end of negotiations.Things were going along just fine,waiting for final approval and the negotiator gets back to me with a demand for seller to take a note … (2 comments)

hafa short sale: Why you need a Murrieta Short Sale Specialist! - 10/27/10 11:41 AM
Murrieta Short Sale Specialist. Here in Murrieta,the Short Sale is the most prevalent type of listing currently on the market,yet they have the highest failure rate.            What is the failure rate & why do they fail?The failure rate is more than 60%. and the reasons that they fail are many.The Short Sale is a very complicated type of home sale with many moving parts. One mis-step in the process and recovery is hard.Plus it's also race against time.While your lender/bank is processing your short sale they are also in the process of foreclosing on your home! Like I said there are … (0 comments)

hafa short sale: Temecula Short Sale Specialist - 10/26/10 08:13 PM
Temecula Short Sale Specialist.
Here in Temecula the Short Sale is the most prevalent type of listing on the market,yet they have a higher failure rate than all other types of listings.
What is the failure rate & why do they fail?
The failure rate is more than 60%. The reasons that they fail are many.The Short Sale is a very complicated sale with many moving parts. One mis-step in the process and recovery is hard.Plus it's also race against time.While your lender/bank is processing your short sale they are also in the process of foreclosing! Like I said there are many moving parts.
If a short Sale fails the … (0 comments)

hafa short sale: Buyer fall out is a common symptom of short sale lag. - 10/20/10 06:16 PM
31447 Eucalyptus Ct. Temecula Ca 92592. 4 bedrooms,4 baths,3200 SqFt.
This home is back on the market at a much reduced price! $299,663.00It has the much common issue of buyer fall out. Buyer fall out is a common symptom of short sale lag.This short sale has been lagging and the buyer has walked.I tried to educate the buyer's agent on the time frames involved prior to accepting the offer,but I guess it did not sink in.
This home is now being processed as a HAFA short sale and I should have it approved soon.So if your looking for a great buy … (9 comments)

hafa short sale: HAFA,RMA,RASS,DIL,SSA,What's with all these letter's? - 10/17/10 04:48 PM
HAFA,RMA,RASS,DIL,SSA,What's with all these letter's? 
These letter's are the alphabet soup of the HAFA "Home-Affordable-Foreclosure-Alternative" program.The rest of the letters stand for the forms and processes used under the HAFA program.The Short Sale & Deed in lieu (DIL) are two of the processes.The others RMA,RASS & SSA are the forms we use when applying for HAFA. In my next blog posts I am going to provide you with these forms and go over the use of each of them.
(1 comments)

hafa short sale: Are you Eligible for the HAFA Short Sale program? - 10/08/10 05:52 PM
Are you Eligible for the HAFA Short Sale program?
The basic test to check if you qualify for a *HAFA short sale are simple.
Ask yourself the following 6 questions,if your answers are yes to all 6 you most likely qualify. 
1. Is the property your principal residence,if not was it during the last 12 months?
2. Was your loan originated before Jan 01 2009?
3. Are you behind in your payments?
4. Were you denied a loan mod?
5. Do you owe less than $729,750.00?
6. Does your payment exceed 31% of your gross income?
If you answered yes to all the above questions call me and let me go over … (9 comments)

hafa short sale: Time for a short sale. - 10/07/10 05:52 PM
 Been denied a loan mod or found that your loan mod is not working as it should for you? It's time to investigate a Short Sale.HAFA may be the ticket for you. HAFA is a type of Short Sale program that I specialize in. This program has been created by the federal government and most lenders have agreed to follow HAFA the guidelines. What does HAFA stand for?Below is a link to the program.
HOME AFFORDABLE FORECLOSURE ALTERNATIVES (HAFA) PROGRAMLet me show you the details. This is a FREE service I provide you & HAFA provides you with $3,000.00 in relocation dollars. Call or email me … (0 comments)

hafa short sale: HAFA or HA HA is HAFA a joke? - 07/18/10 06:35 PM
HAFA or HA HA is HAFA a joke?
April 15th 2010 HAFA  was suppose to change the short sale process for the better.Has it? I am not seeing it making any changes for my clients.I am not seeing the process taking less time.I also not seeing the lenders willing to to credit my seller's $3,000.00. How about you? Please leave commentswith your experience with HAFA. Is it working for your clients? 
(7 comments)

hafa short sale: Temecula Short Sale Specialist. - 06/26/10 07:17 PM
Temecula Short Sale Specialist for hire.I have the best Temecula Short Sale team waiting to help you. if you need to Short Sale your Temecula home we can help. If you have been denied a loan mod,we can help.We are hands on and do not send your short sale to a 3rd party. Short Sales are not easy to do and you need to have a short sale specialist on your side. Our short sale service is Free to you, no strings attached. We can get your lender will stop calling you.
We are also certified for the US government HAFA Short Sale Program.   … (2 comments)

hafa short sale: Temecula Short Sale Specialist. - 05/13/10 07:00 PM
Received my second pre-approved HAFA short sale client from Bank of America.
I am going to tract this one close and see if I can get it completed in less than 30 days.Keep checking my blog to tract it. I expect it will run a full 30 days unless I find a cash buyer.
Screening the buyer's will now be more important as we can now treat short sales more like standardsales when they are pre-approved short sales.
HAFA is going to be a major game changer for the better here in our real estate market.My market area is the Temecula … (0 comments)

 
Sidney Kutchuk, Property Management & Sales Experts  951-217-6745 (Property Management & Sales  at REALTY WORKS TEMECULA, CA 92590  (951) 217-6745)

Sidney Kutchuk

Property Management & Sales Experts 951-217-6745

Temecula, CA

More about me…

Property Management & Sales at REALTY WORKS TEMECULA, CA 92590 (951) 217-6745

Address: Temecula Short Sale Specialist,Temecula,Murrieta, Temecula Ca,Murrieta Ca,Winchester Ca,, Temecula, Ca, 92590

Office: (951) 676-4663

Mobile: (951) 217-6745

Email Me

Temecula Short Sale Specialist. Blogs of my TEMECULA and MURRIETA SHORT SALE Experiences. Come with me thru my many trips via email,phone & faxes with the banks,lenders and my clients during my Temecula & Murrieta short sale transactions... Sidney Kutchuk Temecula Short Sale Specialist. www.RealtyWrks.com (951) 217-6745 41720 Winchester Rd #J Temecula Ca 92590 www.aShortSale.com www.Temecula-ShortSaleAgents.com


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