Sell Your San Diego Short Sale Home Without A Short Sale???
Are you confused by the title of this blog post? Don’t worry! I was confused at first too. In fact I had to have my Broker explain it to mea couple of times before I started to get it.
What I am about to share with you is a new and exciting system that will allow most home owners that are upside down on their mortgage either;
1) Keep their home at current market value.
2) Be able to sell their home without the hassle, tax liability, and credit damage of attempting to get a short sale approved by the bank.
What are the benefits to the Seller?
- You do not have to be in arrears on your mortgage, thus providing credit damage control.
- Cash for keys, 2-5% of the selling price.
- Your credit will NOT be tagged as having a short sale, or paid for less than amount owed.
- You ARE able to buy your next home immediately, on approved credit & income documentation.
- No looky loos or Realtors invading your privacy while your home is short sale listed in the MLS.
- There are no guessing games for close of escrow dates, you can plan your future today.
- No “arms length” transaction guidelines.
- Everything is handled for you, eliminating stress!
What are the benefits to the Buyer?
- Buyers will not have to wait for short sale approval!
- Direct response to offers from the Seller, not the loss mitigator sitting behind a desk full of files.
- This system provides instant, accurate, & timely close of escrow for all parties.
Let me introduce you to a private investment company called CCRES, LLC (Christian Centered Real Estate Solutions). CCRES is offering a service for home buyers that has two options for the home owner that is upside down on their mortgage. As of December 31,2011, CCRES has done over 200 transactions successfully!
This is how the system works. We sit down and review your current situation and determine which plan is best for you. Once we’ve decided on the plan and you agree to work with CCRES, we put together a financial package, and I submit the package to CCRES.
Here is where it gets interesting! CCRES will bundle your financial package with packages from other home owners who have loans from the same bank and are in similar situations. CCRES will attempt to buy the bundle of notes from the bank at below market value.
Once the note is purchased, CCRES now was the ability to either:
Plan A: Utilize the “American Mortgage Do Over Program” which can provide affordable financing for you to keep the home, at market value, provided you can make the payments.
Plan B: Facilitate the sale of your home as an equity sale. There will be NO tax ramifications, NO collections from the bank, and NO derogatory remarks on your credit with regard to “Short Sale” or “Paid for lees than the full balance.” Plus you can buy a home as soon as your credit is repaired (usually 3-6 months). No need to wait 3-7 years as if you did a short sale or had a foreclosure.
Please contact me today for a FREE list of the top 55 frequently asked questions!
You will be amazed by the answers!!!
If you are considering purchasing a home in Carlsbad, Oceanside, Vista, San Marcos, Escondido or greater San Diego, start by going to www.MLSDetective.com for your FREE home searches. www.MLSDetective.com is a "real time" search engine and is updated every 15 minutes so you have access to accurate information!
The next step is to contact Allen Meredith at 760-271-5153, or email Allen at Allen@AllenMeredith.com. Allen Meredith is a licensed Real Estate consultant with Prudential California Realty with over 29 offices in San Diego, has been a Real Estate consultant for 7 years, and previously owned and operated Choice Home Inspections, Inc. for 20+ years serving all of San Diego county prior to becoming a Real Estate consultant.
Comments(0)