I would love to help you! Here is some information about me taken from my website http://www.MyRealEstateExecutive.com
Brittany Leighton, Real Estate Professional
Experienced Southern California Realtor
Holds 37 awards in top customer service and top customer satisfaction.
Top 1% customer service in the nation award
President/CEO of Children’s Smiles Non-Profit Organization - http://www.ChildrensSmiles.org
Brittany has a successful and extensive background in practicing Real Estate Law. Brittany has been actively assisting home buyers and sellers in Southern CA for over 10 years.
A commitment to service and extensive Real Estate education is what sets Brittany apart from many other professionals. Brittany’s goal is to provide every single person she meets with extraordinary customer service so that they will be excited to share their experiences by referring their friends, family, and colleagues. This philosophy is the reason why 94% of her business comes from referrals. Brittany has a solid understanding of Real Estate contracts, the home purchasing and home selling process, and efficient contract negotiation.
Brittany understands the importance of clear and direct communication. It is extremely important that as your transaction is occurring and when your transaction is complete, you feel comfortable calling her every day as you need her.
Brittany is an expert negotiator and pays close attention to detail and customer needs. Her clients are always kept well informed during each step of the home buying and selling experience.
Brittany believes that to succeed at your goal you must have the power of focus, the strength of integrity, and the understanding of the journey to achieve that goal.
Orange County Association of Realtors
California Association of Realtors
National Association of Realtors
In a standard sale, it is customary for the seller to pay for section one, and the buyer to pay for section 2. However, in a short sale, the seller is the bank or lender. So those expenses need to be approved by the lender. And sometimes they agree to the costs. If it is a condition of your loan, then that needs to be addressed as well.... more
Amazing all the different answers on this subject. From those who think "we buy houses" are scammers and doing something illegal, to Shorts are a mine field and take too long, to finally those who know what they are doing.
Every short sale deal is different. Various lenders can be difficult to work with and some are easy to work with. Over time you will learn. Getting the short sale package ready is key. Getting an approval from the lender as early as possible in the game is important. Out sourcing your Shorts to a third party will make the whole process go smoother and free up your time as an agent to go out and get more Shorts to work on. Unless you like hanging on the phone 60 hours a week chasing down some LM agent(s) trying to find out about your deal. Most of those short sale negotiation companies already have inside contacts with the various lender LM departments. The cost for the Negotiator is a line item cost on the HUD1 which could be paid by the lender, buyer, or negotiated 50/50 between the two parties. Most investors (flippers) have already figured that Negotiator cost into their property P&L sheet. 90% of all Shorts can get closed and close within 60 days or less. But everything has to be done correctly right from the start.
And just because somebody claims to be "A Certified Short Sale Specialist" doesn't mean they know what they are doing no matter how many paid short sale courses they have taken.
Only work with the best to get the best results for your short sale.... more
Hi Robin, I am able to do both loans and real estate in the same transaction in California. There is a new requirementfor us brokers to register our license if we do loans, but nothing about not being able to broker the loan and real estate at the same time (at least last I checked). You're also right that I was able to do the loan at par because of the real estate commissions. I also wanted to do the loan at par in order to limit my liability.
Bonnie - It wasn't a personal attack. Robin is correct to say that you are doing a disservice to people like Eric by stating he should use a direct lender. Each person is different and the way they aquire funding should be based on their qualification and goals.
Eric - I saw that you were looking to buy short sales. I consider myself an expert in short sales and teach other agents on how to buy and sell them. It will be hard to pull it off in time for the tax credit, but you might get a short sale cheaper than bank owned. Here's my blog on how to buy a short sale: