ARCHIVED BLOG POSTS
2010
Do you know the rules and guidelines for the HAFA short sale program? Do you qualify? Unfortunately, not everyone does. To qualify, you must own a home that was purchased before the year 2009. In addition, you must be living in the home as your primary residence, and must have been previously con...
09/30/2010
1- Pre-determined cash incentives to both the Homeowners and Mortgage Bank servicer. Up to $3000.00 to the home owner for relocation expense 2- Listing Agent and Homeowner to receive pre-approved short sale pricing guidelines and terms prior to listing the property for sale. 3- Mortgage Banks...
09/30/2010
We Help Homeowner's Avoid Foreclosure Most Homeowner's are deeply below the surface with their home mortgage. In Southern California, there are over 12,323 currently facing foreclosure, so please believe me when I tell you that - You are not alone!Most people fall behind for some of these major r...
09/30/2010
-Are you In a Default Situation? -Are you Facing Back House Payments? -Do you Need To Sell ASAP? -Do you Have Little Or No Equity In Your Home? -Do you Owe More Than Your Home Is Worth? -Do you have a Notice of Default? -Do you have a sale date? A short sale occurs when a property is sold and the...
09/30/2010
YOU'RE FACING FORECLOSURE! YOU'RE SHORT ON MONEY.... CAN'T REFI? NO EQUITY? NOT SURE WHAT TO DO? NEED HELP AND DON'T KNOW WHERE TO TURN? NOT SURE IF YOU QUALIFY FOR A SHORT SALE.... DO YOU WANT TO BE STRESS FREE......I CAN HELP!!! Time is of the essence!!!!!!!!! WE DO NOT CHARGE FOR...
09/30/2010
Definition - Recourse vs. Non recourse Loans In California, most first and second loans that are used to purchase a owner occupied residence are non recourse, but loans from refinancing a previous mortgage, equity loans and lines of credit are usually recourse. A recourse loan means that the debt...
09/27/2010
How Long Do Short Sales Take? This is the million-dollar question. The short sale process, from submission to short sale approval, is generally as follows: Submission of offer and complete short sale package from the seller. Bank acknowledges receipt -- 10 to 30 days. Bank orders a Brokers Pri...
09/27/2010
Qualify Your Short Sale Before Writing the Offer Before you decide to buy a short sale property, ask your agent to do a little groundwork first. Examine the Comparable Sales Many banks will discount the price a little bit from market value, but to get an acceptance, offers should be reasonable ...
09/27/2010
Qualify Your Short Sale Before Writing the Offer Before you decide to buy a short sale property, ask your agent to do a little groundwork first. Examine the Comparable Sales Many banks will discount the price a little bit from market value, but to get an acceptance, offers should be reasonable ...
09/27/2010
Your clients can not make their mortgage payments They can not refinance, No Equity, Rate has adjusted, Denied Loan Modification, hardship, etc...... A Short Sale may be their only option. RE/MAX HOMES & ESTATES Short Sale Division can help. Specializing in the "Short Paying" process we will ...
09/27/2010
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