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Short sale specialist/sell my house

Offering natioanal debt help for a mortgage, taxes, credit cards ect.

By Renee D | Landlord in Worcester, MA
  • DO I NEED AN ATTORNEY TO SHORT SALE IN FLORIDA

    Posted Under: Home Selling in Florida, Foreclosure in Florida, Property Q&A in Florida  |  April 19, 2011 11:39 AM  |  2,664 views  |  No comments

                             DO I NEED AN ATTORNEY TO DO A SHORT SALE?

    It is not necessary to get an attorney to sell your house short sale. It is up to you to decide if you would like to have your own attorney to do a short sale. So you need to understand, before spending any money for attorney fees that a short sale can be accomplished without an attorney. Most short sale specialist provide an in-house attorney or a professional loss mitigation negotiator to work on your behalf without charging you a fee to get a short sale approval for the sale of the house.

    Now I am not an attorney, and you as seller can choose not to seek legal advice, but it is always encouraged to seek advice before you make a decision. A successful short sale has two goals. The first is what most people focus on, getting rid of the house and the payment. The second goal, and almost as important, to free oneself from as much debt as possible, including the portion known as the loss.

    Some states are known as a deficiency State. Unlike California and other States, lenders here, who suffer losses due to foreclosure and short sales, have the ability to try and recoup some of those losses by obtaining a deficiency judgment via the courts. Essentially, your former lender sues you, and if they win, you still owe them money. The lender can then try and collect the money, try and settle the debt with you directly, or worse, sell off the judgment to a third party debt collector; can you say hello to spending the next few years dodging debt collectors? The whole point of a short sale is to come to a resolution, not endure sequels to this horror.

    It takes a team to successfully represent a client. You need an entire group of experienced short sale specialist such as, the right agent, the right lender, the right title/escrow company etc. Now, if you are doing a short sale in my opinion, you also need the right tax advice, so be prepared to fork over a little bit to do the deal right.

    We make it cost free when you choose our short sale specialist group to get you through the short sale. You won’t have to spend a dime in fact, most of the time when we find you a buyer for your property who will buy your house with his own cash. They will sometimes include concessions with their offer which includes attorney fee, and sometimes liens and judgments so the closing can happen more quickly, so you can sell your house fast. We understand your desperate financial situation and look to make the majority of legal fees directly from the lender including the closing cost which is deducted off the sale price.

    To request a short sale accessment simply CLICK HERE                   

  • 8 Steps to Successfully Sell a Luxury Home AS a Short Sale

    Posted Under: Home Selling in Miami Beach, Foreclosure in Miami Beach, Property Q&A in Miami Beach  |  April 7, 2011 11:22 AM  |  2,366 views  |  No comments

    8 Steps to Successfully Sell a Luxury Home Short Sale

    The first step is to find a licensed real estate agent/realtor that specializes in luxury home short sales. Be sure they not only have experience in dealing with them but also that they take care of you at No Cost. Also, these specialists are to be current on the newest laws in your state regarding these types of transactions.

    The second step will be for you to provide your agent as quickly as you can all the documents needed to fill a completed financial package including copies of the following:

    W2’s for the past 2 years

    2 months Bank Statements

    Last 2 paystubs

    Profit & Loss statements for last 2 quarters (if self-employed)

    Hardship letter

    Letter of authorization for your short sale agent to speak to the bank

    As far as any specific bank paperwork, your luxury home agent can provide this or visit your lender websites for their financial assistance package. You are not responsible for any other papers but the above list, and you will be guided every step of the way.

    The third step will be for our short sale specialist agent will provide you with the listing paperwork to list the property for sale. Be sure that agent puts “All commissions to be paid for by sellers’ lender(s)” in the Additional Terms section. This protects you from being responsible for an agent’s commission at closing.

    The forth step is to make sure that they allow access to the property via lockbox. The easier the property is to show, the easier and faster it is to sell!

     The fifth step is to keep your property in top showing condition to have a greater chance at attracting a buyer who has a strong desire to be the new owner.  Make the beds, put dishes in the dishwasher, vacuum, use air fresheners, clean up any clutter (including those closets & garages!), keep bathrooms clean, lawn trimmed, rocks raked, etc. It’s amazing the effect a clean, uncluttered house has on potential buyers!

    The sixth step is once your short sale specialist agent receives an offer, YOU should consider accepting any offer as the seller are the one responsible for accepting it, and this will get the ball rolling. Your best buyer would be a cash buyer because this will give the bank the confidence they need to sell the property to a dependable buyer and will not cause a delay or time wasted with an under qualifying borrower.  This can be confusing – remember, you need to accept the offer first and THEN submit it to the bank for approval.

    The seventh step will be for you and our luxury short sale agent to continue negotiations with the bank until approval. Banks are notorious for playing hardball and a good negotiator will be able to handle tough banking mitigations.

    The eighth step is getting the APPROVAL!!! Your agent will provide you with the approval letter stating all the conditions. Make sure to read this carefully and sign off on it that you agree. Don’t let the bank try and slip something by you – if they are going to then here is where they do it! All you have to do now is sign the closing documents and be on your way to a brighter future without all that debt! Congratulations on your luxury home short sale! CLICK HERE TO GET STARTED

     Short Sale VS Foreclosure – What Will Happen if I Don’t Sell My House

     Home owners considering walking away or waiting too long till it is too late should weigh the potential difficulty they may face from moving to a new place.  For example, if moving into a rental property, then you are up against convincing a landlord to rent to you after they have the red flag of missed mortgage payments on their credit record. The landlord is risking the chance of renting to you instead of someone who is more responsible to see his rents are collected each and everyone month. And paying for moving expenses — which many walk away homeowner fail to consider — can quickly add up too.

    Did you know that an estimated 11 million home owners owe more on their mortgage than their property is currently worth? That’s made more home owners consider walking away from their mortgage and home ownership, even those who can still comfortably afford to make their payments (known as “strategic default”). Walking away from a mortgage usually results foreclosure. So what are the consequences of walking away? There may be far more consequences than what most home owners ever considered. Let’s cover what some of those consequences are.

    The consequences include everything from badly affected credit to potential tax consequences and deficiency risks. Home owners' credit scores will be badly hit regardless of whether they attempt a short sale or have their property foreclosed on, but far greater when you have endured a foreclosure crisis.

    There also could be the potential for deficiency risks when walking away from a home, which largely varies from state to state. (View anti-deficiency laws by state.) In some states, lenders may sue you for the difference between what you owe and what your foreclosure proceeds are.
    You can lower that risk when choosing a short sale because the negotiator will fight the bank on your behalf to get you the best result possible.
     

     Now if this is your primary home of residence, you can call your certified public accountant to get the tax lien forgiven on your mortgage which is in effect until 2012. People who have lost their homes through foreclosure or who have restructured their mortgage loans may qualify for tax relief under a new tax law, the Mortgage Forgiveness Debt Relief Act of 2007. The tax relief was extended to cover the years 2007 through 2012 under the Emergency Economic Stabilization Act.

    If you are in need of a new job than you may want to think about how your credit will look in the eyes of employment as they look at the credit as a way of viewing our character. This is why home owners may find that there are professional consequences from walking away from a mortgage, as the number of employers eyeing employees’ credit profiles continues to grow.

    CLICK HERE TO GET YOUR SHORT SALE APPROVAL NOW! 

  • Should I Short Sale Kansas City MO HomeTo Sell My Luxury House?

    Posted Under: Home Selling in Kansas City, Foreclosure in Kansas City, Property Q&A in Kansas City  |  March 24, 2011 3:06 PM  |  2,690 views  |  No comments

    Should You Short Sale To Sell A Luxury House?

    Selling your house through a short sale requires more than three times the amount of work of a traditional sale. We feel safe saying that over 95% of realtors in the Kansas City MO area do not know how to conduct a short sale to beat the time line you are up against. Putting together a detailed short sale package to submit through the lender itself is very time consuming. We work hard from the marketing aspects to finding a right buyer, to having enough patience to see the transaction through, can be VERY challenging.

    Our company buys pre foreclosure houses as we work with home owners and real estate agents in the state of Missiouri. We specialize in both marketing and positioning your property while simultaneously procuring a purchaser who will buy your home for a discounted price, of which we will renegotiate with your lender.

    So, we have set out and put together a fully equipped team to handle every aspect of the short sale process. From a marketing coordinator, and an in house real estate attorney specializing in default situations, negotiation, and an administrator. We have a fully equipped team to make this stressful time very easy on you. We strongly recommend using proper representation with a specialist shall this be an option for you. All of our consultations are fully confidential, free and one of our specialist will come to your property.

    Frequently Asked Questions...

    What if I have several mortgages on my property?

    Most people in your situation do. Each lender is negotiated with that needs to be "shorted". As in anything else the more lenders needed to short the more time consuming, but it depends on your current property value, offer price, and loan amounts on each loan.

     How much time does it take?

    From the day you accept a contract to the time that the property will close can take up to 60-90 days. There is much paperwork involved and negotiating which takes time.

     What if I have already filed bankruptcy?

    Just because you have already filed bankruptcy does not mean that you cannot do a short sale. Most "professionals" do not want to do a short sale because of the amount of work and time associated with it. As mentioned before the last thing you want is a foreclosure and bankruptcy on your credit. Bankruptcy may cure your debt and liabilities but it will not save your credit. Depending on if you file for a chapter 7 or 13 bankruptcy you can still do a short sale, there is just more paperwork involved and it will take a bit longer to complete.

     What about property taxes I did not pay?

    They get paid at closing from the lender since title has to be free and clear when transferred to a new buyer.

     Are all short sales accepted?

    For the most part, yes. If the lender believes they will net more money for your property through a short sale vs. taking the property back then they will most likely accept the offer. Many lenders are encouraging them vs. taking the property back. It is in the lenders best interest in all cases to accept a short sale vs. foreclose on the property. It is said that 90% of short sales are accepted when handled by short sale professionals.

    Great, How Much Does This Cost?

    It costs you nothing. You get an INSTANT CASH OFFER and WE conduct a short sale. We must deliver free and clear title is just one of our goals to help you out with, so that we can then have the house ready for a  new purchaser of your property.

    While we are conducting a short sale with a lender all costs are taken into account and paid for by the lender. Part of the amount that you are shorting the lender includes all the closing costs typically associated with selling a home. These costs are viewed as a wash for any lender because if they took the property back they would have to pay them since the property would have to be free and clear when resold. These include property taxes, title costs, attorney fees, back assessments, and even commissions, which is how our staff is getting paid.

    Now once in a while you may be just shy of reaching the lenders requested net amount and you may have to go into your pocket to pay the difference but that is rare. If you use the right representation you can avoid that! Our staff will fight for your best interest. We are standing by!

    TO GET STARTED CLICK HERE SIMPLY FILL THE APPLICATION FORM

    YOU MAY CALL OUR IN HOUSE SHORT SALE SPECIALIST DIRECT! 

    888-877-9824 free consultation

    Debbie Howard
    Short Sale Team Specialist Coordinator
    National Short Sale Account Manager
    888-877-9824


  • Should I Short Sale My Home in Miami FL To Sell My House?

    Posted Under: Home Selling in Palm Beach County, Foreclosure in Palm Beach County, Property Q&A in Palm Beach County  |  January 27, 2011 11:02 AM  |  2,853 views  |  No comments
    Should I Short Sale My Home in Palm Beach or Dade County FL To Sell My House?

    If you decide to sell your house as a short sale, it will lower the amount of money you owe the bank, and will shorten the length of time you have to deal with the bank running after you for unpaid funds. That's why we are here to  help home owners as we assist real estate agents who specialize in both marketing and positioning your property while simultaneously procuring a purchaser who will buy your home for a discounted price, to beat the calendar to the foreclosure date. 

    Selling your house through a short sale requires more than three times the amount of work of a traditional sale. We feel safe saying that over 85% of realtors in the South Florida area either do not know how to conduct a short sale to beat the time line you are up against. Putting together a detailed short sale package to submit through the lender itself is very time consuming. From the marketing aspects to finding a right buyer to having enough patience to see the deal through can be very challenging.

    So, we have set out and put together a fully equipped team to handle every aspect of the short sale process. From a marketing coordinator, in house real estate attorney specializing in default situations, negotiator, and an administrator. We have a fully equipped team to make this stressful time very easy on you. We strongly recommend using proper representation with a specialist shall this be an option for you. All of our consultations are fully confidential, free, and we come to your property.

    I REPRESENT A LARGE GROUP OF INVESTORS THAT BUY ANY HOUSE ANY CONDITION NOW IF TIME IS AN ISSUE.  YOU CAN SELL NOW! JUST CLICK HERE!

    Short Sale VS Foreclosure – What Will Happen if I Don’t Sell My House?

     Home owners considering walking away or waiting too long till it is too late should weigh the potential difficulty they may face from moving to a new place.  For example, if moving into a rental property, then you are up against convincing a landlord to rent to you after they have the red flag of missed mortgage payments on their credit record. The landlord is risking the chance of renting to you instead of someone who is more responsible to see his rents are collected each and everyone month. And paying for moving expenses — which many walk away homeowner fail to consider — can quickly add up too.

    Did you know that an estimated 11 million home owners owe more on their mortgage than their property is currently worth? That’s made more home owners consider walking away from their mortgage and home ownership, even those who can still comfortably afford to make their payments (known as “strategic default”). Walking away from a mortgage usually results foreclosure. So what are the consequences of walking away? There may be far more consequences than what most home owners ever considered. Let’s cover what some of those consequences are.

    The consequences include everything from badly affected credit to potential tax consequences and deficiency risks. Home owners' credit scores will be badly hit regardless of whether they attempt a short sale or have their property foreclosed on, but far greater when you have endured a foreclosure crisis.

    There also could be the potential for deficiency risks when walking away from a home, which largely varies from state to state. (View anti-deficiency laws by state.) In some states, lenders may sue you for the difference between what you owe and what your foreclosure proceeds are.
    You can lower that risk when choosing a short sale because the negotiator will fight the bank on your behalf to get you the best result possible. 

     Now if this is your primary home of residence, you can call your certified public accountant to get the tax lien forgiven on your mortgage which is in effect until 2012. People who have lost their homes through foreclosure or who have restructured their mortgage loans may qualify for tax relief under a new tax law, the Mortgage Forgiveness Debt Relief Act of 2007. The tax relief was extended to cover the years 2007 through 2012 under the Emergency Economic Stabilization Act.

    If you are in need of a new job than you may want to think about how your credit will look in the eyes of employment as they look at the credit as a way of viewing our character. This is why home owners may find that there are professional consequences from walking away from a mortgage, as the number of employers eyeing employees’ credit profiles continues to grow.

    Frequently Asked Questions...

    What if I have several mortgages on my property?

    Most people in your situation do. Each lender is negotiated with that needs to be "shorted". As in anything else the more lenders needed to short the more time consuming, but it depends on your current property value, offer price, and loan amounts on each loan.

     How much time does it take?

    From the day you accept a contract to the time that the property will close can take up to 90-120 days. There is much paperwork involved and negotiating which takes time.

     What if I have already filed bankruptcy?

    Just because you have already filed bankruptcy does not mean that you cannot do a short sale. Most "professionals" do not want to do a short sale because of the amount of work and time associated with it. As mentioned before the last thing you want is a foreclosure and bankruptcy on your credit. Bankruptcy may cure your debt and liabilities but it will not save your credit. Depending on if you file for a chapter 7 or 13 bankruptcy you can still do a short sale, there is just more paperwork involved and it will take a bit longer to complete.

     What about property taxes I did not pay?

    They get paid at closing from the lender since title has to be free and clear when transferred to a new buyer.

     Are all short sales accepted?

    If the lender believes they will net more money for your property through a short sale vs. taking the property back then they will most likely accept the offer. Many lenders are encouraging them vs. taking the property back. It is in the lenders best interest in all cases to accept a short sale vs. foreclose on the property.

    Great, How Much Does This Cost? NO COST! CALL Now 888-877-9824

    It costs you nothing. Our company has connected with many buyers who offer the bank cash which will ensure a solid closing at the title company.We must deliver free and clear title is just one of our goals to help you out with, so that we can then have the house ready for a  new purchaser of your property.

    Now once in a while you might be just shy at reaching the lenders requested net amount and you may have to go into your pocket to pay the difference but that is rare. If you use the right representation you can avoid that!  We have an in-house attorney on board and a full staff of short sale specialist to see you complete the short sale you need

    before the bank tries to take your house!                                                                                      

    WATCH THIS LATEST INVESTIGATION REPORT ON 60 MINUTES

 
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