short sale maryland: Como Hacer Una Venta Corta (Short Sale) Informacion Completa Para Maryland Y Virginia - 10/08/10 11:19 AM
La informacion mas completa de short sales en Maryland, DC y Virginia.
Cuales son los requisitos para hacer una venta corta en Maryland y Virginia Cuanto  Cuesta un Short Sale?
Cuales  son las ventajas de una venta  corta?
Primero: ¿Qué es una venta corta? Denominado como un short sale en Ingles La venta corta es el proceso a través del cual un propietario de una vivienda puede vender una casa por menos dinero del que le debe al banco por la hipoteca de la propiedad. Para todas las personas que no pueden continuar pagando las mensualidades al banco existen otras alternativas … (3 comments)

short sale maryland: When a Short Sale Makes More Sense . . - 10/02/10 01:06 AM
This could help you . .
If you find yourself in a situation where your mortgage  is underwater and you are enduring a hardship. . .
It is a simple scenario of what could transpire for the next 17 years if you decided to do a short sale or just stay and wait for your home to regain its lost equity.
Reading the following could literally save you tens of thousands of dollars. . .
This is an excerpt from our eBook www.AdiosLender.com
 
The Short Sale Decision of a Lifetime
www.AdiosLender.com “Don't let the real estate crash destroy your family's financial future. … (7 comments)

short sale maryland: Short Sales Maryland: The Moral Dilemma Facing Homeowners Today - 10/01/10 02:53 AM
Having problems paying your mortgage?
What to do now? Your mortgage is underwater and you have a financial hardship. . You may be involved with a loss of a job, divorce, arm loan adjusting, or simply find yourself struggling month after month keeping your lender happy. . .while you slowly lose control of the little savings you had.. disappearing. This situation is disturbing in any case. The fact is that in the beginning of your home purchase you had many dreams and life fulfilled goals, You never suspected that the value of your property would cause the bottom to fall out … (0 comments)

short sale maryland: Why Short Sales Fail And How To Avoid Short Sale Denial - 09/27/10 11:35 AM
 
Lisa Udy brings a comprehensive explanation why short sales fail or they get denied.
Our experience revolves around these reason plus, in some case we find the SERVICERs wants to prolong the short sale because they are being paid by the investor in a monthly basis. . it behooves them to prolong a short sale as long as possible.
 
Original Source: Why Short Sales Fail And How To Avoid Short Sale Denial
Short sales are complicated, time consuming, and stressful to all parties involved. Depending on the bank you’re dealing with, it could take up to a year for a final approval on a short sale.
The fact that it takes so long makes it that much more … (1 comments)

short sale maryland: Dear Short Sales Investor Offering 9% Commision. . - 09/23/10 01:53 AM

I received your offer as a comment in one of my short sales posts. . 
_________________________________________________________________________
Short Sale Realtor Needed - Up To 9% Commissions - Residential/Commercial
 
We, along with our equity partner, purchase Short Sale residential/commercial properties all cash ($50Million+). We buy them with the intention of rapidly reselling them for profit. When we purchase your short sale property this is what we bring to the table… 
 
* A Pocket-Cash-Buyer for any type of property, at any price. Commercial properties too.
* My short sale negotiator at no charge to you, seller, or lender.
* Complete & transparent disclosure … (3 comments)

short sale maryland: What Lenders Participate in the HAFA Program? - 09/21/10 03:35 AM
Fernando,  Do lenders have to participate in the HAFA program? Where can I look to see if my lender is a participating one? ThanksMike ------------------------------------------------------------------------
Mike: I decided to write a post on my blog to answer your question. . PLEASE GO HERE  Thanks, Fernando Herboso
Broker-Realtor Consultant 
“Don’t pray for a miracle. .expect it!”
Herboso Realty Group www.ReallyNiceHomes.com Herboso & Associates ------------------------------------------------------------ O: 240.898.1848 ext #1 F: 240.898.1848 My real estate knowledge is always up-to-date. For expertise you can depend on, call me when you have questions about the market or are ready to make a significant move. Quality representation is not expensive, its priceless!
(0 comments)

short sale maryland: Frederick County Maryland All Homes For Sale : Crestwood Village Featured Neighborhood - 09/08/10 03:45 AM
Frederick County Maryland Homes For Sale

Crestwood Villages  situated in Frederick County has plenty of amenities, shopping and nearby transportation.  Ballenger Creek, I-70 and I-270 are within minutes from this centarlly located neighborhood.

"All Frederick County HOT BARGAINS
Including All Foreclosures and Short Sales"
                                                  psstt all Frederick homes are here"

"Only Foreclosures for  Frederick County  Are Here"
or

"Just looking for  Short Sales for Frederick County all in Here"

Fernando Herboso & … (0 comments)

short sale maryland: When Should You Consider a Short Sale? - 09/08/10 01:04 AM

When to Consider a Short Sale? If you are one of the many homeowners who have fallen behind on your mortgage payments. ..
You have tried a long arduos attempot to a loan modification that just benefits the lender. .
and now you don't see any way to avoid foreclosure.
A short sale may offer you the most sensible solution to resolve your situation.
Having trouble understanding your options now?
The Short Sale Decision Map was created for you. ..just follow the arrows and you will be going in the right direction. .


To see if a short sale … (3 comments)

short sale maryland: Short Sales 101 – Introduction - 08/31/10 12:41 AM
 
The question I get to hear most often is:
What exactly is a short sale when it comes to real estate?
This informative post gives us a great history as to why short sales has become a part of us now.

 

Regardless of the reasons used to explain the current mortgage crisis in the United States, the grim reality is that more homeowners are in financial distress than at any other time in the history of residential real estate, according to the Distressed Property Institute. 
Hence, real estate Short Sales.  If you're not yet familiar with them, … (2 comments)

short sale maryland: Caution: Moving Out Of Your Home In a Short Sale May Cost You Tens Of Thousands Of Dollars - 08/26/10 11:56 PM
 
In a short sale, it is important that you have chosen an experienced negotiator that can advise properly.
A bad move could sabotage your intended cause.
 
This is a little known fact and an alarming truth. There is a natural tendency to flee the house ahead of the foreclosure storm. However, vacating the house may invalidate the seller’s eligibility to have the shortfall on their debt wiped out forever.
OK, so what does that mean?
Step by step:
A short sale happens when the lender allows the seller to sell the house for an amount short of the amount owed. The difference between the total … (4 comments)

short sale maryland: Home Seller May Face Foreclosure Next Month on Short Sale - 08/16/10 11:52 PM
 
When a foreclosure is eminent, there is still a chance that your lender will postpone it in exchange of a possible short sale 
Many lenders are now realizing that short sales may be a better solution for them.
We fight for our clients to stop these foreclosures almost everyday. . same as you can read in this article.
In a short sale you SELL your property
In a foreclosure you LOSE your HOME
 
Escondido Home Seller
If you follow my blog, you may have read that our office is managing quite a few upcoming auction dates on many of our short … (1 comments)

short sale maryland: The Short Sale Package - 08/15/10 01:38 AM
 
A well prepared  Short Sale Package is probably the most important part of a short sale. Lenders hire gate keepers to screen these packages before a meaningful representative from the lender gets to look at it.
Melissa Zavala makes a great entry on her blog about the short sale package.
 
What is a short sale package?
If you are a seller who is selling your home in a short sale transaction, then you will need to submit to your mortgage lender (or lenders) a certain number of items in order for the lender to consider you for a short sale.
(2 comments)

short sale maryland: Emotional Rescue For Distressed Families and. . .Realtors - 08/12/10 12:01 AM
When Emotions Get in the Way of Making Good Decisions For Distressed Families Emotions get in the way when making decisions. . that is even more apparent when you are selling your home is a distressed situation. When feelings get in the way of making decisions to protect yourself and your family, it is that much harder to make the right choice. Being focus at this time is critical and emotions are just a cloud that prevents you from seeing the whole picture in a clear manner. Often times the right choice is usually not the simple choice, matters have to … (3 comments)

short sale maryland: Another Short Sale Completed in Germantown Maryland 20874 - 08/07/10 12:59 AM
Short Sale Completed
Another Successful Short Sale Completed By Our Team
We used the Wachovia Fast Track Program on this short sale
We had the approvals fast that we ended up waiting for the buyer to get all his financials straight to obtain the loan.

The property is located in Germantown MD
Original purchased price was over $600,000
Sold it as a short sale for $475,000
We negotiated for our client “Moving Expenses Money”
Most importantly . . . the lender will not seek a deficiency judgment against my client!
 
A short sale takes several steps that one must … (4 comments)

short sale maryland: "Call a Realtor To Short Sale Your Property, We Do Not Want Your House!" - 07/28/10 12:40 AM
 
"No Deed In Lieu Please. . Short Sell it!"
A nugget from one of my listings recently. . .
My soon to be client tried to  turn in the keys to the bank
.. .and was surprised when she heard. .
 
"Please call a Realtor and Short Sale your property, we do not want your house!"
The bank revealed their hand. . .I'm glad to take on this listing.

FYI:
What is a deed in lieu of a foreclosure? 
It is when a deed is given by an owner/borrower to a lender to prevent the lender … (4 comments)

short sale maryland: Applying For the HAMP Loan Modification - 07/22/10 10:53 PM
 
Mykel gives pretty good advice utilizing resources at your fingertips.
The most important factor why  transactions take so long it is because of incomplete paperwork. (according to a Short Sales training with Bank Of America)
 
The lender just postponed the Trustee Sale on your home.  It's 30 days away and they're telling you that you will receive the lender's loan modification application forms and it takes approximately 10 days for the package to be sent out.
 
Did you know . . .
The financial worksheet and hardship affidavit forms are generic and can be downloaded from The Making Home Affordable website.
Homeowners can apply for the Home Affordable … (1 comments)

short sale maryland: A Short Sale Could Be A Blessing In Disguise With The HAFA Program - 07/13/10 09:55 PM
A Short Sale Using The HAFA Program. .


. . could be a BLESSING IN DISGUISE !!

If your home is underwater and you can no longer pay your mortgage payments.. .a new program initiated by the Obama Administration could be the help you are looking for.

In a short sale. . you sell your home
In a foreclosure you lose it!

More about the HAFA Program Here … (3 comments)

short sale maryland: Obama Plan Has Not Helped As Many As Hoped - 06/21/10 11:27 PM
 

This is not a surprise. . .Obama's plan is exactly the same plan used five years ago to get homeowners into trouble. . is called :
Zero Dow-payment, Negative amortization loan. 
The bait is the monthly payment. . 
The trap is an upside down home for 15 years!
The illusion is that you are a homeowner
The reality is that you are in prison on your own home. .. .you can't sell it because you do not have the cash
 
. . ..short sale it and just go on!
 
 

(3 comments)

short sale maryland: If You Are Facing a Foreclosure in Maryland . . . These Are Your Foreclosure Alternatives ! - 06/17/10 02:46 PM

 
If You Are Facing a Foreclosure. . .These Are Your Foreclosure Alternatives !   
If you or know someone that is facing a foreclosure,  the first thing I can tell you is to recognize your predicament and make the right decisions to save yourself from a foreclosureWe specialize in homeowners that are under distress and we bring to you certain rights that you may not know you had. . to finally bring a solution to your problems,We know your rights as a homeowner and how to stop the foreclosure process with a new Government program created under the Obama Administration. The HAFA PROGRAM.The current U.S. … (1 comments)

short sale maryland: “This House Has Not Been Stigmatized As a Foreclosure” (Yet): - 06/15/10 11:19 PM
 
What is the solution to short sales?
How long are they going to last?
Perhaps the way banks perceive short sales will give us an indication of the future of it.
If banks have policies that assures them MORE MONEY selling a property as a short sale rather than a foreclosure. . 
 
WHY FIGHT IT? 
 
 
 
In the past 6 months, I have found more and more cases where the BPOs and Appraisals that Loss Mitigation Departments are receiving are higher than foreclosures in the same area - and even in the same subdivision.
I have a client who is working on a Short Sale with one of … (1 comments)

 
Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA (Maxus Realty Group of Samson Properties )

Fernando Herboso - Associate Broker MD, & VA

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

Clarksburg, MD

More about me…

Maxus Realty Group of Samson Properties

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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