Fannie Mae has a great program out there, on avoiding foreclosure. It’s called "Know Your Options"
So let me introduce myself, Lance Owens, Realtor Sales, and short sale specialist for the Big Island.
Before I spend a lot of time trying to reinvent the wheel, I want to let you their website really has it all, they have short videos with different scenarios that can help you play it through in your mind, they have all the different options, and link's to counselors that actually HELP - (I know, I have called them) . They have just really done a great job.
What I am here to tell you about, is once you decide what program is best for you, you need the most experienced agent in you can get in yoru corner, remember this is going to effect the rest of your life, and if you want leave that to chance, or luck, you’re probably better off, to just pass right on by what I have to offer, but if you want - knowledge, expertise, experience, - then read the next paragraph.
What are Short Sale Realtors?
There are 2 types
1: Type 1 - the experienced Realtor, one that has closed several transactions, dealt with virtually all the lenders, the second lien holders, the one’s that know what to do when your PMI company denies the sale, or your HOA has liens against your property, or when the bank wants you to sign a note for the balance.
2: Type 2 - this is the one that has been to every class, has every designation, and knows every abbreviation, acronym, and basically knows everything - EXCEPT how to actually close a short sale - Key word "Close" They even use words like “I know so much about short sales I could write a book”
How can you tell the difference?
The Hawaii MLS has a search engine within its website, that you can break down into 100s of categories - but what I want you to do - when interviewing your Short Sale Realtor - the one that is going to have an influence on the rest of your life - have him check off 3 boxes in the Hawaii MLS
Box 1 - put his/her Realtor ID in it
Box 2 = check mark – “Short Sales”
Box 3 - check off “SOLD”
Then hit Search
I went ahead and did my MLS report for you – take it with you when you do your interviews
NOTE: I feel very lucky to live in Kailua Kona, and even luckier to work with some of the most Honest, and upstanding Realtors in the Nation – Truly. The only point I am trying to make here is my personal experience in Short Sales. Without all the hard work of all our Realtors combined, these numbers may not have been possible.
Thank You Kona.
OK - Closed Short Sales, Agent ID 62947 (Lance Owens RS)
Search criteria: LISTINGAGENT Agent ID 62947. MLS Short Sale - MLS Status: Sold
MLS DATA
MLS # Tp St DOM Taxkey Tnr Price LocationLand area Details
221401 CND S 349 3-7-4-10-36-65 LH $58,000 Kona Kai #I10 624 #I10 2/1.00
SOLD 9/29/2010 for $46,500 (CASH) DOM 349
218841 CND S 195 3-7-4-10-36-39 LH $59,000 Kona Kai #E7 616 #E7 2/1.00
SOLD 7/17/2009 for $45,000 (CASH) DOM 195
228592 RES S 162 3-1-6-92-93 FS $83,500 16-2041 Lilikoi Dr 12,000 sqft 1,032 3/2.00
SOLD 4/21/2010 for $83,500 (CASH) DOM 162
226940 CND S 251 3-7-5-20-73-347FS $159,000 Alii Lani #NN104 976 #NN104 3/2.00
SOLD 7/20/2010 for $163,000 (CASH) DOM 251
229688 CND S 210 3-7-8-10-33-45 FS $169,000 Keauhou Resort #75 752 #75 1/1.00
SOLD 12/23/2010 for $163,500 (CASH) DOM 210
232216 CND S 107 3-7-5-20-73-198FS $175,000 Alii Lani #X106 966 #X106 3/2.00
SOLD 3/9/2011 for $155,000 (CASH) DOM 107
215115 RES S 217 3-1-6-53-71 FS $199,000 16-1206 Moho Rd 3.00 ac 1,056 3/2.00
SOLD 4/29/2009 for $195,000 (FMHA) DOM 217
219115 CND S 49 3-7-5-21-7-67 FS $219,000 Alii Villas #223 635 #223 1/1.00
SOLD 6/5/2009 for $195,000 (CASH) DOM 49
224740 CND S 43 3-7-5-9-3-38 FS $219,000 Kona Pacific #B412 829 #B412 1/2.00
SOLD 2/18/2010 for $210,000 (CNV) DOM 43
225430 CND S 16 3-7-5-9-3-88 FS $239,000 Kona Pacific #D622 1,194 #D622 2/3.00
SOLD 1/6/2010 for $250,000 (CNV) DOM 16
225539 RES S 281 3-6-8-7-41 FS $249,000 68-1946 Puu Nui St #1-B 11,458 sqft 1,296 3/2.00
SOLD 6/16/2010 for $253,000 (CNV) DOM 281
224955 RES S 131 3-7-6-19-62 FS $249,999 76-6187 Plumeria Rd 8,760 sqft 1,048 2/2.00
SOLD 4/9/2010 for $182,000 (CNV) DOM 131
236937 CND S 67 3-6-9-8-3-110 FS $258,000 Fairway Villas At Waikoloa Beach Resort #J2 1,033 #J2 2/2.00
SOLD 3/29/2011 for $268,000 (CNV, MISC, Other) DOM 67
222214 RES S 99 3-6-8-18-25 FS $262,000 68-1752 Hooko St 10,500 sqft 1,400 3/2.00
SOLD 11/13/2009 for $260,000 (MISC) DOM 99
238696 RES S 13 3-7-5-41-35 FS $275,000 75-6101 Kaanee Pl 7,000 sqft 1,146 3/2.00
SOLD 4/1/2011 for $275,000 (CASH) DOM 13
218719 RES S 59 3-7-6-25-35-2 FS $299,000 76-366 Kanaka St #35B 5,115 sqft 1,029 3/2.00
SOLD 4/2/2009 for $290,000 (CNV) DOM 59
222585 RES S 9 3-6-8-26-20 FS $299,000 68-3513 Malina St 12,286 sqft 1,500 3/2.00
SOLD 8/5/2009 for $310,000 (FHA) DOM 9
219868 RES S 5 3-7-3-53-5 FS $349,000 73-4157 Kaala Pl 10,140 sqft 1,226 3/2.00
SOLD 7/13/2009 for $333,000 (CASH) DOM 5
217820 RES S 70 3-7-7-25-8 FS $359,000 77-6542 Hoolaupai St 7,500 sqft 1,092 3/2.00
SOLD 4/20/2009 for $339,000 (CNV) DOM 70
233506 RES S 5 3-7-6-20-19 FS $369,000 76-6291 Kupuna St 7,506 sqft 1,664 3/2.00
SOLD 7/17/2010 for $380,000 (CNV) DOM 5
238117 CND S 63 3-7-5-18-8-149 FS $379,000 Alii Cove #CC1 1,815 #CC1 3/3.00
SOLD 3/10/2011 for $380,000 (CASH) DOM 63
239239 RES S 33 3-7-6-27-42-2 FS $385,000 Terrace At Kona Vistas #2 16,601 sqft 1,950 #2 3/2.00
SOLD 1/20/2011 for $385,000 (CNV) DOM 33
232444 CND S 0 3-7-5-18-8-52 FS $389,000 Alii Cove #I4 1,815 #I4 3/3.00
SOLD 7/23/2010 for $380,000 (CASH) DOM 0
210714 RES S 388 3-7-5-42-100 FS $399,000 75-6152 Haku Mele Pl 6,000 sqft 1,680 4/3.00
SOLD 11/9/2009 for $385,000 (CNV) DOM 388
219866 RES S 343 3-7-6-23-67 FS $412,000 76-6302 Kaheiau St 16,717 sqft 1,526 2/2.00
SOLD 4/21/2010 for $410,000 (CNV) DOM 343
215678 CND S 109 3-6-8-22-4-107 FS $875,000 Villages At Mauna Lani #512 2,174 #512 3/3.01
SOLD 4/22/2009 for $800,000 (FHA) DOM 109
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©8/9/2011
Search criteria: MLS Pre-Foreclosure/SS/REO Short Sale. MLS Status Sold. SELLINGAGENT Agent ID 62947
MLS DATA
MLS # Tp St DOM Taxkey Tnr Price LocationLand area Details
245381 CND S 3 3-7-5-21-4-22 LH $145,000 Kona Makai #2302 779 #2302 1/1.00
SOLD 7/25/2011 for $135,000 (CASH) DOM 3
229688 CND S 210 3-7-8-10-33-45 FS $169,000 Keauhou Resort #75 752 #75 1/1.00
SOLD 12/23/2010 for $163,500 (CASH) DOM 210
221573 CND S 65 3-7-5-19-44-71 FS $230,000 Kona Sea Ridge #M23 906 #M23 2/2.00
SOLD 11/18/2009 for $200,000 (CASH) DOM 65
225430 CND S 16 3-7-5-9-3-88 FS $239,000 Kona Pacific #D622 1,194 #D622 2/3.00
SOLD 1/6/2010 for $250,000 (CNV) DOM 16
225539 RES S 281 3-6-8-7-41 FS $249,000 68-1946 Puu Nui St #1-B 11,458 sqft 1,296 3/2.00
SOLD 6/16/2010 for $253,000 (CNV) DOM 281
220529 RES S 125 3-7-6-26-31 FS $479,000 76-152 Kamehamalu St 15,188 sqft 2,009 3/2.01
SOLD 6/6/2009 for $479,000 (CNV) DOM 125
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©8/9/2011
Currently in Escrow Below:
Search criteria: LISTINGAGENT Agent ID 62947. MLS Status Contingent OR Under contract
MLS DATA
MLS # Tp St DOM Taxkey Tnr Price Location Land area Details
246657 LND C 39 3-7-3-39-51 FS $109,000 73-1189 Ala Kapua St 10,231 sqft
239597 CND C 287 3-7-5-20-73-247 FS $139,000 Alii Lani #CC203 797 #CC203 2/2.00
236935 CND C 384 3-7-5-19-44-45 FS $220,000 Kona Sea Ridge # I1 1,086 #I1 3/2.00
237871 RES C 332 3-8-7-18-31 FS $279,000 87-3193 Honu Hiamoe Rd 8,750 sqft 1,562 3/3.00
239633 CND C 258 3-7-8-13-3-69 FS $299,000 Keauhou Kona Surf & Racquet Club #182 921 #182 2/2.00
214873 CND C 998 3-6-9-7-9-22 FS $329,000 Vista Waikoloa #B105 1,417 #B105 2/2.01
233233 CND C 391 3-7-8-10-93-14 FS $368,000 Na Hale O Keauhou #C2 1,404 #C2 2/2.01
240525 RES C 263 3-8-8-2-35 FS $399,500 88-1651 Moana Dr 5.42 ac 1,612 3/2.00
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©8/9/2011
Currently Active Listing’s: Obviously this is why I am here asking for your business – I just keep closing all my short sales - I need some new ones
Search criteria: LISTINGAGENT Agent ID 62947. MLS Status Active. MLS Pre-Foreclosure/SS/REO Short Sale
MLS DATA
MLS # Tp St DOM Taxkey Tnr Price Location Land area Details
246680 RES A 38 3-1-5-26-166 FS $189,000 15-1919 13th Ave 1.00 ac 1,142 2/2.00
238704 CND A 332 3-7-5-8-1-20 FS $199,900 Kona Alii #308 780 #308 1/2.00
243760 RES A 146 3-7-5-34-36 FS $599,000 75-5608 Hienaloli-kahului Rd 16,973 sqft /0.00
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©8/9/2011
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