short sale expert md: How Much You Should Pay For A Short Sale in Maryland? - 04/22/12 12:43 AM
Our fees and typical closing costs are contingent on short sale approval and are
paid for by your lender
We even negotiate for them to pay all your closing costs. .
How much it costs to do short sale:
If you call us. . it will cost you nothing!
 

The best short sales experts will not charge you anything for their services.
Why?
Because they can provide you with their experience and the assistance needed to sell your house with all costs derived from the sales proceeds.
(In some cases, we find some … (0 comments)

short sale expert md: Should you consider a SHORT SALE in 2012? - 01/27/12 01:56 AM
Is  A Short Sale an Option For Me?  Finding the answers to this question is a lot easier if you click on the above link 
Please feel free to call me by dialing at 240-426-5754 or sending an email to info@reallynicehomes.com
Thank you 


"No decision IS a decision!"
 

 
 
www.Short-Sales-Expert.com  
(4 comments)

short sale expert md: Short Sales Short Tales . . Pricing Your Maryland Short Sale Correctly - 10/14/11 05:11 AM

$100,000 overpriced!
I got a call from an exasperated seller. The bank was threatening to foreclose the property if he did not have an offer soon and it seems his agent was not helping by NOT SELLING HIS HOME.
One of the rules we all have to abide as real estate professionals is to NOT STEAL each other  clients. Unless the client initiates the call, we are not supposed to engage them.
In this case, he hired a friend in the business and  she never really ever did a short sale according to him. . .she really never came to the … (0 comments)

short sale expert md: Short Sales Short Tales . . A Fax Rant - 10/12/11 11:04 AM

Fax Rant . . .  You Got To Be Kidding me!
This is one of my favorites stories to tell about short sales.
Scenario:
We were exasperated that the bank will not understand our situation.
We had a full approval to close this particular short sale but. . then we lost the buyer.
In some cases, this will happen because of the time effect from a short sale. .it just takes a long time. .
We quickly put the property back in the market and we found a new buyer rather quickly. . .after all , it was an approved … (5 comments)

short sale expert md: Short Sales - Short Tales : She Cut The Blinds! - 10/11/11 04:14 AM

She Cut The Blinds!
It never ceases to amaze me. .
When doing short sales, I see the best and the worse on people.
In this particular case, it was one of our earlier short sales. .
Everybody was a little confused and not sure what a short sale was back then . .
But we knew we were helping people . .and that was that.
We were representing the seller and she was a little intimated about the process. To make matters worse, she was going trough a divorce and she was pretty upset about her situation.
Before closing, the … (4 comments)

short sale expert md: Short Sales Short Tales . . It Never Happened! - 10/11/11 03:40 AM

It Never Happened!
After updating and completing our latest website about short sales, I was asked to compile a list of testimonials about our performance. 
We have collected a few over the years but the most compelling testimonial we ever got . .was after we refused to do a short sale.. .
Let me explain.. 
A short sale is not always the best option for you. If you can afford it and qualified for a well structured loan modification. . by all means go for it! You have to pay to live somewhere anyway!
In a lot of cases in … (4 comments)

short sale expert md: Received a Notice Of Intent? ( Foreclosure) -- Don't Start Packing Yet! - 10/06/11 04:43 AM

Your Rights And Protections Under Maryland's New Foreclosure Law

We do short sales and get approvals in a weekly basis. . 
But not two short sales are alike. .they are as different as snow flakes, specially before they become short sales.
Banks have a tendency to operate in different ways. .
While they are trying to protect their best interests.. they may step in areas where bad intentions maybe prevalent . .and the homeowner suffers.
Knowing your rights is a way to protect yourself from them ..
just in case you are facing difficult choices right now. . .
(3 comments)

short sale expert md: Clarksburg MD Loan Modifications and Short Sales - 09/28/11 11:01 AM
Short Sales and Loan Modifications
QUESTIONS AND ANSWERS for Clarksburg Residents in Maryland   
Q: How long does the process of a short sale take from start to finish?
The short sale process typically takes between 3 to 6 months. Servicers nowadays have improved considerably the time it takes. Always depending on the servicer of your loan. Typically we advise our clients not to expect an answer between 3 to 6 months.
We also assume responsibility for our clients as we assist them relocate when the short sale is completed. Our services include helping you find appropriate housing for you … (1 comments)

short sale expert md: Does this rag smell like chloroform to you? - 09/20/11 11:57 PM
The bank may as well be saying that. 
Some banks think that homeowners are drugged while the "PROCESS" of a loan modification is being considered.
My client was mortified.
After month and months of lost faxes, lost documents trying to save her home. .
Hours on the phone, incessant phone calls. Everything seemed to settle at first when she was accepted for a 3 month trial period of her loan modification. . soon 3 became 4 and 4 became 5 and finally on the 6th month she was told that she had two choices. .
Short sale or foreclosure.
She … (6 comments)

short sale expert md: You Should Do THIS FIRST When You Can No Longer Pay Your Mortgage. . - 09/20/11 02:33 PM
What To Do?
Before Contacting Your Mortgage Company When You Can No Longer Pay Your Mortgage Payment?
Prepare to take notes and you should do this every time you talk to them (Click on the picture below to know why?)
Then:
· Gather first all your mortgage statements and organize them.· If you have a 2nd mortgage you must include this as well.· Make a list of all your monthly debt obligations such as car loans, credit cards, etc.· They would want to know your current total income.
What should you tell your Condo or Home Owners Association if you … (2 comments)

short sale expert md: Do you need to be broke in order to qualify for a short sale? - 09/20/11 12:00 PM
Do you need to be broke in order to qualify for a short sale?
 
Insolvency is the key. .
 
Definition  
A person that is deemed unable to pay its debts if it is proved to the satisfaction of the bank that the homeonwer's assets are less than the amount of their liabilities.  
You must prove to the lender of your inability to pay your monthly mortgage payment, and/or have the assets to pay it off, (even partially)
You simply must prove you owe more money than you have in cash.Note:Understand that your lender is not requesting you … (4 comments)

short sale expert md: Chasing Loan Modifications in Maryland From Chase Bank - 09/16/11 05:57 AM
Owe More Than Your Home Is Worth?
Looking for a way out.. .
Want to know different tools, Techniques and Tactics for battling with Chase bank?
Do you want to save your home?
Do you want to save your credit?
Better get the truth About Your Options. . .
Because. . .

. . and it shouldNOT BEyour only option. .

TO avoid A . . . 

  
10 Loan Modification Secrets Chase Bank Does Not Want You To Know. . .
 
Hi, my name is Fernando Herboso and a licensed broker in Maryland that specializes in distressed … (0 comments)

short sale expert md: New Obama Program To Help Homeowners. . .Is This The Magic Bullet? - 09/07/11 03:58 AM

The Obama administration is considering unveiling new plans next week to revive the ailing housing market and reduce foreclosures, including an effort to help troubled borrowers refinance their mortgages.
Very good news for homeowners that are borderline when it comes to refinancing their homes and have BAD CREDIT or not ENOUGH INCOME.
I just hope that this program is not another smoke and mirrors for homeowners to be tied to a property for years thinking that they are homeowners when they are only mortgage owners.
 
If this program reduces the principal, it will be significant. .
 
 
Read … (6 comments)

short sale expert md: Bank Of America Loan Modifications - Short Sales Maryland DC and Virginia - 08/30/11 07:42 AM
Owe More Than Your Home Is Worth in Maryland DC or Virginia?
Looking for a way out.. .
Want to know different tools, Techniques and Tactics for battling with your bank?
Do you want to save your home?
Do you want to save your credit?
Better get the truth About Your Options. . .
Because. . .

. . and it shouldNOT BEyour only option. .

TO avoid A . . . 

   
10 Loan Modification Secrets Your Bank Does Not Want You To Know. . .
 
Hi, my name is Fernando Herboso and a licensed broker … (4 comments)

short sale expert md: Hurricane Foreclosure. . . Are You Prepared or Just Ignoring it? - 08/29/11 10:46 AM
                                                      
Hurricane "Foreclosure" still on our radars. .
creating havoc for homeowners across the Maryland DC and Virginia areas. . everyone is affected.. some lose it all while  some are barely touched.
What is your prediction for yourself?
original written article in www.ReallyNiceHomes.com

Owe More Than Your Home Is Worth?
Looking for a way out.. .
Want to know different tools, Techniques and Tactics for battling with your bank?
Do you … (6 comments)

short sale expert md: SHORT SALE SUMMIT REVELATIONS BY BANK OF AMERICA - 08/17/11 12:00 AM
Short Sales With Bank Of America 
The enclosed article depicts somewhat the way Bank of America approves short sales.
One big revelation is that Bank of America still prefers to do short sales over loan modification. Perhaps they acknowledge now that a loan modification with no principal reduction is just kicking the can down the road to a foreclosure
I specifically mention about this on my eBook 
"The Ten Things You Bank Does Not Want You To Know In A Loan Modification"
You can read here: www.LenderLoanModifications.com
 
Some of my short sale staff and I met with Bank of America … (6 comments)

short sale expert md: 23804 GRAPEVINE RIDGE TER CLARKSBURG, MARYLAND 20871 INCREDIBLE PRICE - 08/08/11 11:32 AM
 
  23804 GRAPEVINE RIDGE TER CLARKSBURG, MARYLAND 20871 GO HERE FOR PRICE AND HUGE PICTURES 4 Bedrooms, 3 Bathrooms 1 Partial Baths Listing # MC7662413     SHORT SALE - COLONIAL WITH ALL THE BELLS AND WHISTLES FEATURES 9' CEILINGS, HARDWOOD FLOORS, SEPARATE LIVING ROOM & DINING ROOM, PRIVATE LIBRARY, FAMILY ROOM WITH 2 SIDE FIREPLACE ADJOINS SUN-FILLED MORNING RM, GOURMET KITCHEN , UPGRADED CABINETRY, SEP BREAKFAST ROOM, GLORIOUS MASTER SUITE WITH SITTING ROOM , FULLY FINISHED LOWER LEVEL WITH DEN/GUEST ROOM, & BAR Basic Features: Acres: 0.112121 Area: City Name: CLARKSBURG County Name: MONTGOMERY Neighborhood: Schools: LITTLE BENNETT, ROCKY HILL, CLARKSBURG State: … (0 comments)

short sale expert md: No Decision is a Decision -- Painful Solutions For Distressed Homeowners - 08/08/11 09:01 AM
Article Originally Posted in www.ReallyNiceHomes.com
At the height of the real estate boom, double-digit rises in home equities meant customers could pull out money from the increased home equity to help themselves and help the economy by making major purchases.
Well, no more.
We have seen the end of this life style that they could really not afford. The equity ATM card from these homes have completely vanished and that is why we are in perilous times as far as the economy goes.
Conditions are changing, in many areas of the country, real estate price levels are flattening … (0 comments)

short sale expert md: What Is a Short Sale? - 07/25/11 11:13 PM
A valid question that has been answered numerous times.
Coming from an experienced short sales negotiator makes it a lot simpler to understand. .
What is a short sale?. . . even in a shorter explanation. .
 
A short sale is:
SALVATION FREEDOM NEW START  TO SLEEP 8 HRS STRAIGHT TO WORK LESS AND SPEND THE EXTRA TIME WITH YOUR FAMILY TO VALUE THE QUALITY OF YOUR LOVE OVER THE QUALITY OF YOUR GRANITE COUNTERS..   
I COULD GO ON. . but let Melissa Zavala take over.. 
 
 
Attention homeowners!
There is a lot of information in the media … (4 comments)

short sale expert md: Making Your Temporary Loan Modification Permanent -- Maryland Short Sales - 07/23/11 01:48 AM
 
Make Your Temporary Loan Modification Permanent
 
Based on the number of people I speak about short sales, this is a growing problem.
For many people applying for the Obama loan modification program, Making Home Affordable Program ( HAMP) They are finding that that their mortgage lender puts them on a temporary loan modification before transferring them over to a permanent loan modification.
Don’t fall into this trap. The dreaded temporary loan modification or trial period has pr oven costly for some homeowners being misled that everything is OK when the reality is that they were surprised with a notice … (9 comments)

 
Fernando Herboso - Broker for    Maxus Realty Group, 301-246-0001 Serving Maryland, DC and Northern VA (Maxus Realty Group -  Broker 301-246-0001) Ambassador large

Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA

Gaithersburg, MD

More about me…

Maxus Realty Group - Broker 301-246-0001

Address: Serving Montgomery, Frederick, PG Counties Maryland PLUS Northern VA, Listing Marketing Expert at your service 30 miles radius from, Gaithersburg , MD, 20878

Office: (301) 246-0001

Mobile: (240) 426-5754

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