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Short Sale Specialist's Blog

By Mike Linkenauger | Real Estate Pro in Jacksonville, FL
  • Dallas Short Sale Specialist

    Posted Under: Foreclosure in Dallas  |  February 6, 2013 10:20 AM  |  383 views  |  No comments

    Dallas Short Sale Specialist

    Short Sale Specialist in Dallas

    What is a real estate short sale in Dallas?

    A quick sale in real estate, also commonly called a short sale, happens when a lender is willing to accept a lower pay off on a loan than what is currently owed due to the borrowers inability to continue making payments.

    What does it take to qualify for a Dallas Short sale?

    Short Sale Specialist Realtor in DallasWhile lenders seem to be easier to work with lately regarding qualifications, there are usually three borrower qualifications that most lenders require for a Dallas short sale. 

    1. Negative Equity - The proceeds from the sale of the property, after all closing costs
      are paid, are less than the amount currently owed on the property,
    2. Financial Insolvency - Financial insolvency means that the borrower has no other assets that could cover the deficiency (the difference between what is owed on the property and the proceeds from the sale)
    3. Financial hardship - Financial hardships that are acceptable do vary some from lender to lender, but the most common ones are; divorce or legal separation, loss of employment or reduction in income, job transfer or relocation, incarceration, medical emergencies or major medical expenses, death of a family member, vacant rental properties, damaged property, just to name a few.  Most lenders believe that a short sale is not for home owners who simply want to sell, but for those who have to sell. 

    Is it possible for me to get money back for completing a short sale?

    Until recent times, it was almost unheard of for a home owner to get money back in a short sale.  Things have changed for the better.  The HAFA program, backed by the US Government, allows homeowners $3,000 to use towards relocation expenses. In addition, some lenders will offer generous incentives of their own in addition to money offered through the HAFA program.  We have seen home owners get as much as $35,000 back to complete a short sale.

    Who will pay the Dallas short sale Realtors® commission?

    In a short sale it is customary for a lender to cover all fees associated with the sale of the property, including your Dallas short sale specialist as well. In almost all cases, a home owner in hardship will pay no out of pocket expense to complete a short sale transaction.

    How Can a Dallas short sale specialist help me?

    As a Dallas short sale specialist, I have helped many home owners who are in a Short Sale Realtordifficult financial season get a fresh start with a short sale.  Short sales are not part of our "basic training" as real estate agents, and are something that should only be left to those of us who are especially qualified and experienced.  Experience is everything when it comes.  I'll not only market your home in the traditional manor, but will guide you through this transition while simultaneously processing the short sale with your lender.  Visit my website for more information on the short sale process.

     

    Short Sale Specialist Network

    877-737-4903

    dallasshortsale.com

    ~ Your Dallas Short Sale Specialist Realtor® ~

     


  • Collin County Short Sale Specialist

    Posted Under: Foreclosure in Dallas  |  January 16, 2013 7:15 AM  |  455 views  |  No comments

    Collin County Short Sale Specialist

    Short Sale Specialist in collin county

    What is a real estate short sale in collin county?

    A quick sale in real estate, also commonly called a short sale, happens when a lender is willing to accept a lower pay off on a loan than what is currently owed due to the borrowers inability to continue making payments.

    What does it take to qualify for a collin county Short sale?

    Short Sale Specialist Realtor in collin countyWhile lenders seem to be easier to work with lately regarding qualifications, there are usually three borrower qualifications that most lenders require for a Collin County Short Sale. 

    1. Negative Equity - The proceeds from the sale of the property, after all closing costs
      are paid, are less than the amount currently owed on the property,
    2. Financial Insolvency - Financial insolvency means that the borrower has no other assets that could cover the deficiency (the difference between what is owed on the property and the proceeds from the sale)
    3. Financial hardship - Financial hardships that are acceptable do vary some from lender to lender, but the most common ones are; divorce or legal separation, loss of employment or reduction in income, job transfer or relocation, incarceration, medical emergencies or major medical expenses, death of a family member, vacant rental properties, damaged property, just to name a few.  Most lenders believe that a short sale is not for home owners who simply want to sell, but for those who have to sell. 

    Is it possible for me to get money back for completing a short sale?

    Until recent times, it was almost unheard of for a home owner to get money back in a short sale.  Things have changed for the better.  The HAFA program, backed by the US Government, allows homeowners $3,000 to use towards relocation expenses. In addition, some lenders will offer generous incentives of their own in addition to money offered through the HAFA program.  We have seen home owners get as much as $35,000 back to complete a short sale.

    Who will pay the collin county short sale Realtors® commission?

    In a short sale it is customary for a lender to cover all fees associated with the sale of the property, including your collin county short sale specialist as well. In almost all cases, a home owner in hardship will pay no out of pocket expense to complete a short sale transaction.

    How Can a collin county short sale specialist help me?

    As a Collin County Short Sale Specialist, I have helped many home owners who are in a Short Sale Realtordifficult financial season get a fresh start with a short sale.  Short sales are not part of our "basic training" as real estate agents, and are something that should only be left to those of us who are especially qualified and experienced.  Experience is everything when it comes.  I'll not only market your home in the traditional manor, but will guide you through this transition while simultaneously processing the short sale with your lender.  Visit my website for more information on the short sale process.

     

    brenda rogers

    License Number: 0558222

    keller williams rlty

     972-567-1921

    consideritsold100.com

    ~ Your collin county Short Sale Specialist Realtor® ~

     


  • Dallas Texas Short Sales

    Posted Under: Foreclosure in Dallas  |  November 20, 2012 2:32 PM  |  480 views  |  No comments

    Dallas Short Sale Specialist

    Short Sale Specialist in Dallas

    What is a real estate short sale in Dallas?

    A quick sale in real estate, also commonly called a short sale, happens when a lender is willing to accept a lower pay off on a loan than what is currently owed due to the borrowers inability to continue making payments.

    What does it take to qualify for a Dallas Short sale?

    Short Sale Specialist Realtor in DallasWhile lenders seem to be easier to work with lately regarding qualifications, there are usually three borrower qualifications that most lenders require for a Dallas short sale. 

    1. Negative Equity - The proceeds from the sale of the property, after all closing costs
      are paid, are less than the amount currently owed on the property,
    2. Financial Insolvency - Financial insolvency means that the borrower has no other assets that could cover the deficiency (the difference between what is owed on the property and the proceeds from the sale)
    3. Financial hardship - Financial hardships that are acceptable do vary some from lender to lender, but the most common ones are; divorce or legal separation, loss of employment or reduction in income, job transfer or relocation, incarceration, medical emergencies or major medical expenses, death of a family member, vacant rental properties, damaged property, just to name a few.  Most lenders believe that a short sale is not for home owners who simply want to sell, but for those who have to sell. 

    Is it possible for me to get money back for completing a short sale?

    Until recent times, it was almost unheard of for a home owner to get money back in a short sale.  Things have changed for the better. The HAFA program, backed by the US Government, allows homeowners $3,000 to use towards relocation expenses. In addition, some lenders will offer generous incentives of their own in addition to money offered through the HAFA program.  We have seen home owners get as much as $35,000 back to complete a short sale.

    Who will pay the Dallas short sale Realtors® commission?

    In a short sale it is customary for a lender to cover all fees associated with the sale of the property, including your Dallas short sale specialist as well. In almost all cases, a home owner in hardship will pay no out of pocket expense to complete a short sale transaction.

    How Can a Dallas short sale specialist help me?

    As a Dallas short sale specialist, I have helped many home owners who are in a Short Sale Realtordifficult financial season get a fresh start with a short sale.  Short sales are not part of our "basic training" as real estate agents, and are something that should only be left to those of us who are especially qualified and experienced.  Experience is everything when it comes.  I'll not only market your home in the traditional manor, but will guide you through this transition while simultaneously processing the short sale with your lender. Visit dallascountyshortsaleagent.com for more information on the short sale process.


    Byron Williams

    ~ Your Dallas Short Sale Specialist Realtor® ~

    Williams Davis Realty-Uptown

    License Number: 0597751 

    214-536-4554

    dallascountyshortsaleagent.com


  • Dallas TX Short Sale Specialist Realtor - Stop Foreclosure

    Posted Under: Market Conditions in Dallas, Home Selling in Dallas, Foreclosure in Dallas  |  May 3, 2011 7:29 AM  |  1,888 views  |  No comments

    Short Sale Specialist Stop Foreclosure Realtor
    Dallas/Ft.Worth TX


        

    As short sales are becoming more common, we are now working a higher number of luxury short sale transactions. Banks are very cooperative and some are even offering incentives of up to $35,000 to short sale a luxury home. 

    We are a network of short sale specialist Realtors providing Dallas TX stop foreclosure services to luxury home owners.

    www.ShortSaleLuxuryHomes.com

    • All of our clients' information remains completely confidential. Your financial situation is no one's business. Once an offer is received on your Dallas pre-foreclosure property, we will ask you to provide certain financial documents to prove your hardship to your lender and no one else.
    • The average agent within our network of Realtors has closed 50 short sale transactions. We provide our agents with short sale training programs as well as a Realtor social networking site with over 6,500 members in which they have access to short sale resources allowing them to complete transactions more efficiently. We will match you up with the local Dallas/Ft. Worth stop foreclosure specialist that we feel can best suit your needs.
    • The short sale process is absolutely FREE! Your lender will pay all of your closing costs which includes your Realtor's fees and our commission.

    Call today for answers to all of your short sale questions and to see if you may qualify!


    www.ShortSaleLuxuryHomes.com

    877-737-4903


    Short sale your Dallas TX luxury property with the help of a local, experienced short sale real estate agent offering FREE stop foreclosure help to homeowners in hardship.

    Check out our FREE short sale agent networking and resource site, www.TheShortSaleGuide.com,
    as well as our listing referral program and online training course!




    Short Sale Specialist Network


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