Good day, welcome to short sale shift I am Sara and I am Josh we are your premiere short sale team. We weblog everyday to help all Minnesota homeowners be taught somewhat bit about what short sales mean for them. Our goal for the yr is to shut a hundred short sales and it begins with reaching out to folks and giving them choices and data primarily based on our experiences. At present we will be speaking concerning the recent success we now have had with coping with US Bank. Generally there workers have a special mentality about working with short sales and provide you a timeline with what must happen to your short sale to be a success. Quite a lot of brokers who are usually not experienced in short sales are always complaining in regards to the negotiation course of at US Financial institution but now we have had a good relationship with there negotiators. Even if the method is rigid and tedious an important half is the approval for our client. US Financial institution is currently restructuring to raised serve short sale agents by making a seperate department to make the short sale course of more efficient. Due to this modification US Bank now has extra man power to work by the numerous information associated with Minnesota short sales and get you on your way. US Bank additionally uses e-mail as there main type of communication, which is good as a result of your agent will all the time have report of all e-mails exchanged as an alternative of shedding some information over the phone. In compiling all these e-mails it additionally provides us a resource to know what to expect with future short sales and the possible cease indicators raised by US Bank. Total a positive outlook in direction of US Financial institution has helped us immensely. If in case you have any short sale questions regarding your US Bank file fill out a contact type and we are going to get back to you ASAP.
Hi and welcome to our blog. Thanks for joining us at the moment. On this blog we have tons of information about short sales. We are Kevin Kauffman and Fred Weaver, Arizona’s premier short sale realtors. With greater than 300 short sales productively closed, our focal point is on helping home owners evade foreclosure and move through the complicated short sale procedure.
Today we would like to talk with you regarding legal counsel and how that relates to short sales. One of the things that we have to do is advise you to seek legal counsel if there are legal questions that you have. We are not attorneys. Even though we are experts in real estate and short sales, there are particular things from a legal perspective that we can not give you.
Often times, instead of talking with a skilled real estate lawyer, some potential clients may seek counsel buy cheap Ophthacare online from a general lawyer or a bankruptcy lawyer or their accountant. Occasionally people think that any attorney can answer their questions. Nonetheless, with real estate law it is totally different.
When it comes to short sales, purchase contracts, and transactions that involve banks, we are your experts. Nevertheless, when it comes to your potential deficieny rights and things like that, seek out an attorney for that advice. Be very cautious if that attorney is giving you real estate counsel. We will not cross that line and give you legal counsel.
It is essential that you find capable people. We have a couple people that we can refer you to. Remember that an attorney will consult with you from a legal point of view and they are always thinking about the worst case scenario.
We would love to chat with you about more questions about short sales. We will answer what we can and refer you to somebody else that can help you with anything that we can not aid you with.
Good Morning everyone. Thanks for joining us today. We are Josh Pomerleau and Sarah Willman, Minnesota short sale realtors. We have a brand new feature on our website that permits you to chat with us using the internet. If you see us online, feel free to ask a question. Otherwise, you can definitely contact us using a form on our blog.
We would like to talk with you about some lender mistakes and short sale stories that you might be able to relate to. One of our folders has occupancy concerns. The homeowners are living in their house and the folder is under contract and at present being negotiated. Nonetheless, the lender is trying to change the locks thinking that the house is not occupied. We had to prove occupancy with utility bills, etc.
We have also seen the lender try to rekey the house while the homeowners are still living their. This is a trouble with agents that have little to no practice with short sales. Make sure that you are dealing with a Minnesota agent that has knowledge closing short sales. Without that practice, you are opening yourself up to a host of problems.
We have also seen banks asking for added cash outside of the HUD agreement. This is in fact against the law. So, we wanted to address that concern to make sure you are aware of the legal ramifications. We have had questions from realtors concerning the HUD. You can not do anything that is not on the HUD. The first lender lien holder will always be familiar with what the second is doing because it has to be on the HUD. Knowing stuff like this comes with experience.
If you are contemplating a Minnesota short sale, contact us using phone, our blog, or our new chat feature on the home page of our website. Thank you for tuning in to Short Sale Shift. Have a great day!
Hi again. We are Derick and Andrea of the Capstone buy cheap NicoCease online team. We are the top Bay Area short sale realtors. We would like to speak with you today concerning the HAFA program. HAFA stands for Home Affordable Foreclosure Alternatives. It is a relatively new program backed by the government.
In the past, homeowners had to sign notes holding them liable for additional debt in order to close their short sale. This program assures homeowners that with your first and even your second mortgage you will not be liable for the deficiency. When you complete your short sale you can walk away with a fresh start.
There are quite a few criteria that a homeowner must meet in order to take advantage of HAFA. The homeowners must still be living in the home and have a deficiency. In addition, you have to owe less than $729,950 with your first and second mortgage. You must have obtained the loan previous to January 1st, 2009. And most significantly, your payment has to go above 31% of your total wages. Understand that you are still subject to bank approval.
We are finding that people are qualifying more easily for the HAFA program nowadays. We will chat about the route that you can go through in a new video soon. In addition, lastly, you can get up to $3000 in moving costs.
To learn more about using the HAFA Program for your Bay Area short sale, please contact us today. We can be reached by means of our blog at Capstoneteam.com or using phone 1-888-636-2444, ext. 55555. Either way, please make contact with us regarding your Bay Area short sale. Acting sooner rather than later can make all of the difference. We can help you succeed throughout the complex short sale procedure with your Bay Area home. Thanks for watching us today!
Hi again. Welcome! We are Kevin Kauffman and Fred Weaver, Arizona’s leading short sale agents. We have completed hundreds of short sales over the past few years. We are here today to share a little information with you. There is lots of information on our website, frequently asked questions, and other information concerning topics that come up with Arizona short sales.
We wanted to talk to you concerning selecting the right agent to help you with your short sale. I feel the easiest way to speak to a question like this is to talk about who you should NOT choose to help you with your short sale.
There are lots of people that have become real estate agents because of the riches or the hours. A lot of of these people are saying that they can help you sell your house. They can definitely do that with a customary sale. However, when you are working a short sale, you truly need an expert on your side. You can not trust your short sale deal with just anyone.
We hear a lot of stories about customers that have listed their short sale with people that have no understanding or little success closing short sales. We also hear lots of agents speak about how they will pass your short sale on to a third party business that exclusively handles short sale negotiations. That is a big buy cheap Naprosyn online red flag. You will not be given the greatest service possible if this is the case.
When you deal with us, we get to know you and work with you. Our full team is at your disposal working on your short sale to get it completed productively. We have the understanding and results to show our value to you. Please, fill out the form on our blog so we can speak with you soon.
Hi there. This is Matt Fetick with Sold By Short Sale. We are the Philadelphia and Wilmington, DE region short sale specialists. This is step five of our seven step procedure. We have broken down the seven steps that our team utilizes to successfully close Philadelphia and Wilmington, DE short sales. We can not guarantee 100% success with every short sale that we take on. Nonetheless, we feel that if we stick to our established method we will have the best chance of getting your Philadelphia and Wilmington, DE short sale approved. If you have not viewed our prior steps, please take the time to look at them.
This is step five, one of the most significant steps. When we get an offer on your home we get all of the documents necessary from a prospective purchaser. We present them to you and compare the offer price to what we believe the lender will accept. At this point we may make recommendations to you about countering or submitting to the lender. Either way, you will be a part of that procedure.
We know that when we receive an offer and submit it to the lender it will take at least five or six weeks to hear a response from the bank. So, we ask the eventual purchaser to give us six weeks to get that response. Every now and then purchasers do not like that, but we show them why it is worth the delay.
After the offer comes in, we will call you and go over the proposal by phone. Then we will transmit it to you for your signature. Your signature means that you are accepting the bid, but it doesn’t mean that the lender will agree to it. We send this to you via an e-signature program. You will get all of the paperwork online where you can review them and then carry out your signature. This is the smoothest way to get your property from on the market to under contract.
We will continue to show your house. We think that it is critical to get back up offers. If the first proposal is not accepted, we can move on to an alternative offer without losing precious time.
If you would like added information on how we effectively close Philadelphia and Wilmington, DE short sales, please do not hesitate to call us.
Good morning! We would like to chat regarding an issue that we have been running buy cheap Motilium online into with Freddie Mac. Last week we had two different packages, both with Wells Fargo as the servicer. Both files had a BPO agent that was obviously incompetent. We could deduce that the agent might have been inebriated based on the BPO that was returned.
One of the files has more than twenty live listings in the subdivision. Nothing has sold in the last 120 days and our listing is the only one under contract. So, we put the paperwork together to debate the BPO and give it to Wells Fargo. Wells sends it to Freddie Mac and they determine that the property is worth more.
After running new comps, we found a new comp, which was an REO listing. It was priced within a few thousand dollars of our proposal. Guess who owned that REO listing. That’s right, Freddie Mac has an REO house with the same floor plan as ours in the same subdivision as ours. They have listed it at about the same price as our existing offer. Nonetheless, with our listing they are asking for concerning $12,000 more. Their short sale department is looking at sold comps and their REO unit is looking at actives to find out how to sell the home.
When you are using REO comps to discuss a BPO value, check to see who owns the REO’s. There is nothing better than seeing the investor turn down your BPO disagreement and then discovering an REO house they own to show them. This isn’t the only case where this has occured. I’m always amazed by how the bank continues to stay in business when there is no communication. Why does the the REO department use active listings to price their properties while the Short sale division uses sold properties?
Hi and welcome to our blog. We are Kevin Kauffman and Fred Weaver of Group 46:10. We are the most successful buy cheap Moisturizing Baby Soap online short sale specialists in Arizona and the Mesa area. This website is dedicated to giving home owners details regarding short sales so they can make an informed evaluation regarding what to do to steer clear of foreclosure.
Today, we would like to talk about a conversation that we had with a potential customer the other day. We explained what a short sale was and how we get lenders to agree to short sales. It is very uncomplicated. The short sale makes more money for the lender than a foreclosure. So, this customer noted that this straightforward premise could be done by anybody.
Frankly, anybody should be able to close a short sale since it is in the banks best interest. So, in theory, an agent only has to get the bank to agree to something that is in their best interest.
Nonetheless, it doesn’t quite work like this. The proof is in nationwide averages. Less than 40% of short sales are closed successfully when you look at the nationwide average. Group 46:10, led by Kevin and Fred, close more than 90% of their short sales. Thus, if you choose to do a short sale, it is crucial that you locate somebody who is successful at completing short sales. Otherwise, your house will go to foreclosure.
There are many possible reasons why realtors do not successfully complete a high percentage of short sales. Banks do not necessarily believe agents and homeowners. So, they are very conservative in this procedure. That is why it takes an aggressive, relentless individual to close a short sale. Most agents don’t understand how to get through this conservative route to get your short sale completed.
In summary, what really matters when you are finding a short sale realtor is outcome. Find a real estate specialist that has been successfully completing short sales. Without an experienced specialist, your conclusion could be a catastrophe.
Hi, we are Josh Pomerleau and Sarah Willman with Short Sale Shift. We are Minneapolis short sale agents, the top short sale agents in the Minneapolis region. We have been helping lots of people through their short sales and avoiding foreclosure in the Minneapolis area. We have got approximately 25 packages right now, and we are receiving calls every single day about new short sales. We wanted to have a chat today about whether a hardship really matters.
What is factual and what is not? We get calls each day about hardship questions, but we have never taken a short sale that didn’t get agreed. So, it’s almost certainly true that the hardship does not actually matter. There are hundreds of hardships that we could think up. However, at the end of the day, we simply have to show the lender that a short sale is going to get them more funds than if they take the house to foreclosure.
The number one thing at the end of the day is your financial form. The hardship is immaterial at the end of the day. Your state of affairs may be dissimilar from anyone else. Nevertheless, everyone has a hardship to state.
The lender will be motivated to do a short sale if you are missing payments. If we can illustrate that you can not afford the home, we will be dealing with a bank that is motivated to allow a short sale. When the lender understands that they will get a reduced amount of from foreclosure, the short sale is lots better for the bank.
Thank you for stopping to chat about hardships with us at on Short Sale Shift. The hardship doesn’t actually buy cheap Minomycin online matter. Please get in touch with us today to get assistance with your Minneapolis short sale. We are the Minneapolis vicinity leading short sale experts. Thanks and have good day!
Hi and welcome. We are Kevin Kauffman and Fred Weaver of Group 46:10. We are Arizona’s foremost short sale agents. We just wanted to take a few minutes to talk with you today.
One of the questions that we receive from home owners is regarding whether or not the house owner will be responsible for a deficiency if they execute a short sale. First of all, we have a big frequently asked questions page on our website. So we would encourage you to scan through that. Lots of property owners wonder if they will have to take money to closing or if they will have to sign a promissory note. We have information on that and we would be glad to speak to you concerning that. You have perhaps heard lots of myths and rumors concerning this.
We simply want you to know that the majority of requests about deficiencies that lenders have are a result of the financial details that homeowners present. When we do have those requests, we find that the client has provided too much information. Perhaps the homeowner has a retirement account with money in it or a money market account or a CD with cash in it. The funny thing is that the lender never really asked for that information.
Short sales are non documented. If you tell the lender that you have extra cash, you are opening yourself up to the bank asking for some of that cash.
If you want to control your liability in a short sale do not show them the funds that you are not willing to give them. We can certainly speak to you about this subject and let you know what the buy cheap Minocycline online lender is looking for. Please, fill out the form here on our blog and we can be in touch with you shortly. We would be glad to talk with you about your precise circumstances.
