Short Sales Short Tales . . Going Back where They Came From. .

By
Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO

Going Back. .

This one was very painful . .because my client was somewhat very much like me in a lot aspects .

I was there interviewing this nice couple from Peru and they were selling everything and going back to their country.

Of course selling  their house was the last thing to do.. I was going to sell it as as short sale.

Very commendable from their part. .

They had no intention of coming back to the USA . .and their credit rating does not mean jack in their native country. .

They just wanted to do the RIGHT THING and not have their name associated with an abandoned foreclosure before they left the country.

I helped them, it was a beautiful house with a cascading pool in the back yard. Their broken dreams materialized as a short sale. .I listed it and sold it.

When someone is out of the country, they can sign any legal papers to sell real estate as long as they can travel to the nearest  US Embassy and have it witnessed and notarized by an American official (consulate).

They signed everything in Lima Peru and sent the papers back and it closed. .

It was easy to convince the bank into accepting this short sale.  .

There were no threats of deficiency judgments, phone calls, or endless paperwork. . Our short sale package has many sections .. under employment, banks statements and hardship we just put a blank paper with the words. ."Moved out of the country..no job, no savings, no statements. except telling me that they will never come back"


See you in the next short sales short tales. .(insert eerie music here)

Fernando Herboso

240-426-5754


 

Is a short sale an option for me?

 

Short Sales Short Tales : It Never Happened

 

Short Sales Short Tales: She Cut The Blinds!

 


 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Maryland Frederick County Urbana Villages Of Urbana
Groups:
Hyper-Local
Local Expert
Localism Beta
Maryland Real Estate
Optimizers
Tags:
short sale advice
short sale experts
short sale help
realtor md

Spam prevention
Show All Comments
Ambassador
1,230,648
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

That sounds a lot better than out lovely Metz file (which seems to be going on forever).

Oct 12, 2011 03:11 AM #1
Rainmaker
217,675
Yvette Chisholm
Long & Foster Real Estate, Inc. - Rockville, MD
Associate Broker - Rockville, MD 301-758-9500

The short sales are often better for the banks than a foreclosure.  

Oct 12, 2011 03:11 AM #2
Ambassador
2,083,743
Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

Melissa.. a lot time it seems that way doesn't it. . but I have faith on you! 

Ivette: Yes. .much better. .thank you for stopping by. .

Oct 12, 2011 03:23 AM #3
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
2,083,743

Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA
Ask me a question
*
*
*
*

Additional Information