Short Sales

Short Sales Done Easy

Hi again. Steve Horn with Short Sales Done Easy. We are here with DW Smalle, our short sale administrator in Phoenix. We would like to chat about a couple topics. What does it take to be a short sale negotiator? Not everybody can do it and not everyone wants to do it. If you have ever attempted to complete a loan modificaiton, you got a little taste of what it is like to be a short sale negotiator. We want to center on what it is like to be a short sale negotiator in Phoenix.

DW began negotiating short sales in 1999. At that point the bank did not even know what a short sale was. The market was appreciating gradually at that period.

We are in a depreciating market at the present. That is why there are so many short sale realtors now. As a short sale agent, you can not focus your time and energy on listing homes while negotiating short sales in Phoenix. DW is on the phone every day with the bank. His time is frenzied.

Arriving in the early hours, the negotiator begins making phone calls to follow up on terms, conditions and other paperwork. The initial priority is properties that have a foreclosure date coming up in the next few days. It does not do any good to worry about foreclosure sale dates that are still a few weeks away since the bank doesn’t even make a judgment on those until within a week to 48 hours of the sale date.

We prioritize our short sales and after that take a closer look at the terms. After that, we need to start negotiating the short sale. Obtaining approval letters from the first and the second and making certain that those approvals work with each other.

We start working in the early hours because if we get the bank on the phone early we have a better chance of obtaining a reply. If you have questions, please go to our blog and present them. Keep in mind, at Short Sales Done Easy, we make your Phoenix short sale done easy.

Arizona Steve Horn Team can answer your questions. We are Arizona’s Foreclosure Avoidance and Short Sale Specialists.

Get more help from short sale Realtor, Steve Horn, at Homes by the Horn presented by the Steve Horn Team, Short Sale Specialists of Arizona

Short Sale Power Hour

Welcome to shortsalepowerhour.com. Today is Wednesday and there has been lots of concentration in the media regarding banks postponing foreclosure precedings. While it doesn’t personally effect our business, we realize that it is a key story.

This whole mess began with GMAC and Ally Financial. They basically announced that they may have messed up in all of the states that have judicial foreclosures. Bank of America and Chase came out and said that they wanted to peek at their procedures also. However, Wells Fargo has publicly said that their procedure is acceptable. So, there will be some jockeying for position amongst the lenders.

Here are the facts. This news applies to judicial foreclosure states, which does not consist of Arizona. Truthfully, we don’t know how this is going to change your short sale business. Please post some comments below on what you are observing or hearing with regards to how this will harm or help your company.

Property owners out there, please know that this only applies to states that are judicial foreclosure states. Arizona house owners it doesn’t apply to you. Realtors in states that are not judicial foreclosure states need to get that message out to home owners. We just sought to get that information out there if you weren’t aware of it. Come back tomorrow for more good stuff and don’t miss Friday’s episode. SERIOUSLY! do not miss it!

One last note, we’ve got Crush it classes planned in various locations across the country. So check out shortsalepowerhour.com to see if there is one coming to your locale. Presently scheduled dates consist of Maryland on the 12th of October, Pennsylvania on the 13th of October and a couple of dates in southern California in early November.

If you would like Crush It classes in your backyard, get in touch with us today!

Short sale FAQs and more.

Get powered up by Kevin and Fred at Short Sale Power Hour by the Short Sale Specialists of Arizona

My First Short Sale

Hi and welcome to our website. We are Kevin Kauffman and Fred Weaver of Group 46:10. We are the most successful short sale agents in Arizona and the Phoenix locale. This blog is dedicated to giving property owners information concerning short sales so they can make an informed judgment concerning what to do to avoid foreclosure.

Today, we would like to talk about a conversation that we had with a potential client the other day. We explained what a short sale was and how we get lenders to approve short sales. It is very straightforward. The short sale makes more money for the lender than a foreclosure. So, this customer noted that this simple principle could be completed by anyone.

Frankly, anyone ought to be able to complete a short sale since it is in the lenders best interest. So, in theory, an agent only has to get the lender to agree to something that is in their best interest.

Nonetheless, it does not quite work like this. The proof is in national averages. Less than 40% of short sales are completed 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 decide to do a short sale, it is imperative that you find someone who is successful at completing short sales. If not, your house will go to foreclosure.

There are many potential reasons why agents don’t successfully complete a high percentage of short sales. Lenders do not necessarily believe realtors and homeowners. So, they are very careful in this procedure. That is why it takes an assertive, unrelenting person to close a short sale. Most agents do not know how to get through this conservative route to get your short sale closed.

In summation, what truly matters when you are choosing a short sale realtor is results. Find a real estate specialist that has been successfully closing short sales. Without an experienced realtor, your outcome could be a disaster.

Short sale FAQs and more.

Get more information on selling your home from Kevin and Fred at My First Short Sale by the Short Sale Specialists of Arizona

Short Sales Done Easy

Good afternoon, Steve Horn with ShortSalesDoneEasy.com, your Queen creek short sale specialist. I have just returned from Keller Williams Mega Agent Camp in Austin, TX. It focuses on the best leaders of our business and it gave us several great ideas as we look to assist home owners in Maricopa county steer clear of foreclosure.

I’ve decided to insert two more negotiators to our short sale team to make certain we are completing files in a timely manner. Each negotiator will be handling 20 folders a piece. Having these negotiators on my squad is one of the reasons why I am one of the best short sale specialists in the Paradise valley area. If you are hiring a real estate realtor that is outsourcing their negotiations, it is perhaps not the right choice. There are lots of negotiation companies out there and they are not liable to anyone. My negotiators are held accountable and that makes them especially successful.

Check out shortsalesdoneeasy.com and click on the short sale survival guide. That will prompt me to call you personally and talk about where you are at in the short sale process. I love educating my clients as to the short sale route and the value of a short sale over foreclosure.

I won’t be giving you legal or tax information, but I will educate you and let you make the decision. You can expect that i will be very straight forward with you, because each state of affairs is different. While I have had significant success in Ahwatukee as a short sale realtor, I recognize that this decision is yours. I enjoy being able to educate clients and help them figure out which choice is right for them.

If you are a purchaser or a seller you might want to check out our monthly short sale seminars. They are now being streamed live using our website. Thanks for checking us out these days.

Arizona Steve Horn Team can answer your questions. We are Arizona’s Foreclosure Avoidance and Short Sale Specialists.

Get more help from short sale Realtor, Steve Horn, at Homes by the Horn presented by the Steve Horn Team, Short Sale Specialists of Arizona

Short Sale Shift

Welcome to Short Sale Shift. We are Sarah Willman and Josh Pomerleau, Minneapolis Short Sale Agents. Let us speak about what we did yesterday. We have been seeing a lot of short sales expiring in the Minneapolis region. We checked into this and found 133 in the Minneapolis metro region that end within five days.

The nationwide average in closing short sales is between 25% and 40%. Obviously, some agents are not getting their job done since there are agents like us that close more than 90% of their short sales. So, we thought that we would mention this to you today. We get a lot of customers from people who have had their short sale expire. If you are in that situation we may be able to help you out. So, if you are in that position and your agent couldn’t close the short sale, we would like to help you out. Even if you do not feel that you have a compelling hardship, we would like to look at your folder. There could be something that the realtor missed or that agent may not have much practice working lots of short sales.

Perhaps you cancelled your own short sale because you felt your specialist was incompetent. If you have any short sale questions, please give us a call up.

If you are in the Minneapolis area check with us to find out more details on our short sale session. This class if for both short sale realtors and property owners. The objective is basically to inform both specialists and property owners about short sales and how to successfully complete a short sale. We can answer any of the questions you may have.

Thanks for checking out our blog this morning. Give us a telephone call to help with your short sale. We are the leading Minneapolis short sale agents.

Minnesota Short Sale Shift can answer your questions. We are Minnesota’s Foreclosure Avoidance and Short Sale Specialists.

Get more help from short sale Realtors, Josh and Sarah, at Short Sale Shift presented by the Short Sale Specialists of Minnesota

Short Sale Shift

Good Morning everyone. Thank you for joining us today. We are Josh Pomerleau and Sarah Willman, Minnesota short sale realtors. We have a fresh feature on our blog that permits you to chat with us through the internet. If you see us online, feel free to solicit a question. Otherwise, you can surely contact us through a form on our website.

We would like to speak with you concerning some lender mistakes and short sale stories that you might be able to relate to. One of our files has occupancy issues. The homeowners are living in their home and the folder is under contract and presently being negotiated. HOwever, the lender is trying to change the locks thinking that the home is not occupied. We had to show occupancy with utility bills, etc.

We have also seen the bank try to rekey the property while the homeowners are still living their. This is a trouble with realtors that have little to no practice with short sales. Make certain that you are working with a Minnesota agent that has knowledge closing short sales. Without that knowledge, you are opening yourself up to a host of problems.

We have also seen banks asking for other cash outside of the HUD contract. This is actually illegal. So, we wanted to address that concern to make sure you are conscious of the legal ramifications. We have had questions from agents about the HUD. You can not do anything that is not on the HUD. The first bank lien holder will always be familiar with what the second is doing since it has to be on the HUD. Knowing stuff like this comes with practice.

If you are thinking about 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 good day!

Minnesota Short Sale Shift can answer your questions. We are Minnesota’s Foreclosure Avoidance and Short Sale Specialists.

Get more help from short sale Realtors, Josh and Sarah, at Short Sale Shift presented by the Short Sale Specialists of Minnesota

Short Sale Shift

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 locale. We have been helping a lot of people through their short sales and avoiding foreclosure in the Minneapolis locale. We have got roughly 25 folders right now, and we are getting calls every single day concerning new short sales. We wanted to have a talk today about whether a hardship really matters.

What is real and what is not? We get calls every day about hardship questions, but we have never taken a short sale that didn’t get accepted. So, it’s most likely true that the hardship doesn’t truly matter. There are hundreds of hardships that we could think up. Nevertheless, at the end of the day, we merely have to show the bank that a short sale is going to get them more money than if they take the house to foreclosure.

The number one thing at the end of the day is your financial paper. The hardship is immaterial at the end of the day. Your situation may be unlike from anybody else. Nevertheless, everyone has a hardship to declare.

The bank will be motivated to do a short sale if you are missing payments. If we can illustrate that you can not afford the house, we will be working with a bank that is motivated to agree to a short sale. When the bank understands that they will get a reduced amount of from foreclosure, the short sale is a lot better for the bank.

Thank you for stopping to chat about hardships with us at on Short Sale Shift. The hardship doesn’t really matter. Please contact us today to get help with your Minneapolis short sale. We are the Minneapolis vicinity foremost short sale experts. Thank you and have fantastic day!

Minnesota Short Sale Shift can answer your questions. We are Minnesota’s Foreclosure Avoidance and Short Sale Specialists.

Get more help from short sale Realtors, Josh and Sarah, at Short Sale Shift presented by the Short Sale Specialists of Minnesota

Short Sale Power Hour

Hi and welcome. We are Kevin Kauffman and Fred Weaver, Arizona’s leading short sale specialists. We’ve completed more than 300 short sales in the Paradise valley locale. However, this blog is not about us. It is about you, the home owner. This website is designed to give you some information and clarity concerning short sales.

We’re here today to speak to you about GMAC bank. Owned by Ally Financial, GMAC has made tons of changes over the past few years. They have recently changed their process to Equator, which is a smooth online system for handling short sales. Their method has gotten much smoother in recent years.

When we get an offer on your home, we upload all of that information into the equator software. The package is assigned to a negotiator at the bank. Then the lender orders a Broker price opinion to find out what the property is worth and then they make a choice on the offer. Basically, GMAC is making short sale decisions in 60 days of getting a contract accepted. Equator is making this process much quicker.

Having completed lots of short sales at GMAC, we are very skilled in moving through the short sale process with Equator. Our skill, united with Equator, has made the short sale process 30% quicker than it ever was before.

Please fill out the form on our website or make contact with us today. We can assist you through this complex process. Whether your mortgage is presently held with Wells Fargo, Bank of America, Chase, and any other bank, we have dealt with all of them effectively closing 90% of the short sales that we deal with. Because the national standard for successfully closing short sales is just 30-50%, you need to employ someone with a track record of achievement. Please contact us today for higher help.

Short sale FAQs and more.

Get more information on selling your home from Kevin and Fred at My First Short Sale by the Short Sale Specialists of Arizona

The Capstone Team

Hi, I am Derick and joining me now is my business colleague Andrea. We are the Capstone team, Bay Area short sale realtors. Welcome to our blog. If you are a property owner in the Bay Area neighborhood, this website is for you. It is intended to inform property owners on their choices in this distressed market.

The HAMP program, or Home Affordable modification Program is a new government backed program that allows a homeowner to change their mortgage much easier than in the past. Once all documentation is provided to your bank, you will be given a response from your bank within two weeks. At one time, as lots of of us are aware, it has taken months to get a response just to learn that we were not approved for a loan mod. The qualifications for a loan modification in the HAMP program are also a lot clearer than what you may have experienced or heard about in the past. Qualifications:

• You are living in the home and it is your main dwelling
• You owe fewer than $729,750 on your house
• You have a financial hardship
• You acquired your loan prior to January 1st 2009
• Your mortgage is more than 31% of your gross income

Please bear in mind that the decision to provide you with a loan mod still belongs to your bank. On the other hand, the new program incentivizes your lender to work with you to modify your loan and keep you in your home. You may also be subject to lender rules, nevertheless, the lender has to give you a reply in 2 weeks once you have applied for a loan mod under the HAMP program;

Don’t hesitate to get in touch with us if you have any questions about Real Estate. We are the leading short sale realtors in the Bay Area vicinity. Thank you and have a terrific day!

The Capstone Team can answer your questions. We are Bay Area Foreclosure Avoidance and Short Sale Specialists.

Get more help from short sale Realtors, Derick and Andrea, at The Capstone Team presented by the Short Sale Specialists of the Bay Area

Sold By Short Sale

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 group utilizes to successfully close Philadelphia and Wilmington, DE short sales. We can not guarantee 100% success with each short sale that we take on. But, we believe that if we follow our proven process we will have the finest probability of getting your Philadelphia and Wilmington, DE short sale approved. If you haven’t watched our prior steps, please take the moment to look over them.

This is step five, one of the most important steps. When we get an offer on your property we receive all of the paperwork required from a potential buyer. We give them to you and compare the offer price to what we think the lender will agree to. At this time 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 get an offer and present it to the lender it will take at least five or six weeks to hear a response from the lender. So, we ask the prospective purchaser to give us six weeks to get that response. Sometimes buyers don’t like that, but we show them why it is worth the delay.

After the proposal comes in, we will call you and go over the proposal by phone. Then we will send it to you for your signature. Your signature means that you are accepting the bid, but it does not mean that the lender will agree to it. We send this to you by means of an e-signature program. You will get all of the paperwork online where you can examine them and then execute your signature. This is the smoothest way to get your house from on the market to under contract.

We will continue to show your house. We think that it is vital to get back up offers. If the original offer isn’t accepted, we can move on to an alternative offer without losing valuable time.

If you would like more details on how we successfully close Philadelphia and Wilmington, DE short sales, please do not hesitate to call us.

Philadelphia Sold By Short Sale can answer your questions. We are Philadelphia and Wilmington Foreclosure Avoidance and Short Sale Specialists.

Get more help from Philadelphia short sale Realtor, Matt Fetick, at Sold By Short Sale presented by the Premier Short Sale Realtor in Philadelphia and Wilmington