Short Sale Is A Complex Decision
Hi and welcome to myfirstshortsale.com. We are Kevin Kauffman and Fred Weaver, Arizona’s top short sale specialists. We have closed more than 300 short sales over the past couple years at a 90% success rate. Relate that to a nationalized standard of under 50% and you will recognize just how notable that is. We sought to talk with you regarding something that we see normally.
People often times wait too long to take action. They make contact with us when there is not much time left to lend a hand. They call us a couple weeks prior to foreclosure sale and ask if we can lend a hand. Whatever the cause is, homeowners tend to delay before they get in touch with us. We are here to inform you that there is no dishonor or guilt in falling behind on your payment. There is also no dishonor or fault in making a business decision to short sale your home. We want to help you take that dishonor and blame away today. We sympathize and recognize that you might have a property that has declined in value. Nevertheless, don’t let your emotions and thoughts get in the way of helping yourself. Don’t freeze up, consult with us. If you are having trouble making payments or you have made a judgment that you are tired of throwing away money every month fill out the form on our website. Allow Kevin or Fred or somebody on their team to talk with you about your options with your current situation. Please fill out the form here on our blog.
Furthermore, if you have some questions or concerns that we have not addressed on our website, please do not be afraid to ask. We have seen it all in our experiences with over 300 short sales. We can help you out. Thanks so much for watching today!
Get more information on selling your home from Kevin and Fred at My First Short Sale by the Short Sale Specialists of Arizona
Working With Short Sale Offers
Hi there. This is Matt Fetick with Sold By Short Sale. We are the Philadelphia and Wilmington, DE vicinity short sale specialists. This is step five of our seven step process. We have broken down the seven steps that our team uses to productively complete Philadelphia and Wilmington, DE short sales. We can not guarantee 100% success with every short sale that we take on. Yet, we feel that if we follow our proven course we will have the finest possibility of getting your Philadelphia and Wilmington, DE short sale accepted. If you haven’t viewed our earlier steps, please take the moment to look over them.
This is step five, one of the most imperative steps. When we get an offer on your property we get all of the paperwork required from a potential purchaser. We give them to you and compare the offer price to what we believe the bank 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 receive an offer and present it to the bank it will take at least five or six weeks to hear a reply from the bank. So, we ask the eventual purchaser to provide us six weeks to get that answer. Sometimes buyers do not like that, but we show them why it is worth the wait.
After the offer comes in, we will call you and go over the bid by phone. Then we will send it to you for your signature. Your signature means that you are accepting the proposal, but it does not mean that the bank will accept it. We send this to you via an e-signature program. You will get all of the papers online where you can look at them and then carry out your signature. This is the smoothest way to get your home from on the market to under contract.
We will continue to present your home. We think that it is crucial to get back up offers. If the first proposal is not accepted, we can move on to a new offer without losing precious time.
If you would like added information on how we successfully complete Philadelphia and Wilmington, DE short sales, please don’t hesitate to call us.
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
Short Sale Tales And Lender Blunders
Good Morning everyone. Thanks for joining us today. We are Josh Pomerleau and Sarah Willman, Minnesota short sale realtors. We have a new feature on our website that allows you to talk with us using the internet. If you see us online, feel free to solicit a question. Otherwise, you can definitely contact us via a form on our website.
We would like to chat with you concerning some lender blunders and short sale tales that you might be able to connect to. One of our files has occupancy concerns. The homeowners are living in their property and the file is under contract and currently being negotiated. Nevertheless, the lender is trying to change the locks thinking that the property is not occupied. We had to verify occupancy with utility bills, etc.
We have also seen the lender try to rekey the property while the homeowners are still living their. This is a trouble with realtors that have little to no experience with short sales. Make certain that you are working with a Minnesota agent that has experience completing short sales. Without that practice, you are opening yourself up to a swarm of troubles.
We have also seen banks asking for other money outside of the HUD agreement. This is actually against the law. So, we wanted to address that issue to make sure you are conscious 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 bank lien holder will always recognize what the second is doing since it has to be on the HUD. Knowing things like this comes with practice.
If you are contemplating a Minnesota short sale, contact us through phone, our website, or our new chat feature on the home page of our blog. Thanks for tuning in to Short Sale Shift. Have a good day!
Get more help from short sale Realtors, Josh and Sarah, at Short Sale Shift presented by the Short Sale Specialists of Minnesota
HAMP - Home Affordable Mod Program
Hi, I am Derick and joining me at the present is my business associate 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 locale, this website is for you. It is intended to report to property owners on their choices within this distraught market.
The HAMP program, or Home Affordable modification Program is a recent gov’t backed program that permits a homeowner to revise their mortgage a lot easier than in the past. As soon as all documentation is provided to your lender, you will be given a response from your lender within two weeks. At one time, as a lot of of us are aware, it has taken months to get a response just to find out 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 primary dwelling
- You owe less than $729,750 on your mortgage
- You have a financial hardship
- You acquired your loan prior to January 1st 2009
- Your mortgage is larger than 31% of your gross wages
Please remember that the decision to provide you with a loan modification still belongs to your lender. Nonetheless, the new program incentivizes your bank to work with you to revise your loan and keep you in your home. You may also be subject to bank guidelines, nonetheless, the bank has to give you a response in 2 weeks once you have applied for a loan modification under the HAMP program;
Do not hesitate to contact us if you have any questions regarding Real Estate. We are the foremost short sale realtors in the Bay Area region. Thank you and have a wonderful day!
Get more help from short sale Realtors, Derick and Andrea, at The Capstone Team presented by the Short Sale Specialists of the Bay Area
Chasing Leads Versus Moving On
Good Morning from Kevin and Fred, Group 4610 cofounders and Arizona’s leading short sale team. If you missed yesterday’s episode, check it out. We discussed the judicial foreclosure states and how GMAC, Chase, and Bank of America have halted foreclosure measures in those states. However, now we are shifting gears.
We would like to discuss lead generation or rather, when to end lead generation. We talk to a lot of realtors that wonder when they should stop tracking down a customer to work with you. You have to be able to uncover the motivated sellers and find out who are actual and who are not genuine sellers.
We spoke about giving sellers 48 hours to finalize their paperwork. We don’t want to exclude someone if they can not get their paperwork to us in 48 hours. Nonetheless, there comes a clear time where you have to make a decision that it is time to stop calling them. Possibly place them on an email campaign. If they call back, assist them.
This is very much an assessment of how much your time is worth. Furthermore, this is an evaluation of how motivated the seller is. We, as real estate realtors, need to carefully confront them to become motivated. Each state of affairs is different. We want to aid as many people as possible. However, not everybody is ready for this. Take a good look at the time you spend on lead generations and make certain that you are not squandering it. There are so many additional things that you could be doing with your time. For every property owner that doesn’t get their paperwork turned in, there are three more home owners that need help but don’t even understand what their options are.
The bottom line is, how effectively are you using your time? That should be your focal point with lead generation.
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One Focal Point, To Close Your Short Sale
Hi and welcome. We are Kevin Kauffman and Fred Weaver of Group 46:10. We have completed hundreds of short sale transactions over the past few years. One of the things that we are asked by home owners and potential customers is…
“Why should we hire your group instead of a different team?”
One of the things that sets us apart is our focal point. We refer to ourselves as Arizona’s best short sale group, not Arizona’s premier real estate team. We do deal with other real estate needs, but we have identified that we want to help house owners close short sales. The bulk of our business is short sales.
Some of the other realtors and teams out there are not focused on short sales. We have people on our team that deal with the nuances of the short sale exclusively. There is power in a group working on your behalf. We have people on our team that spend the full day calling lenders to follow up on short sale folders. We have others on our team that spend their day managing deals, making certain that paperwork is getting where it has to be and closing is occuring at the correct time. We have an full group of people working for you.
If your real estate specialist is specializing in numerous things, chances are that is isn’t a specialist in anything. Furthermore, let us be clear, a specialist is not somebody that has given themselves the title of specialist. A specialist is somebody who has proven results in the field they claim to focus in.
We have consistently closed hundreds of short sale deals at a 90% success rate. We want you to know that we are confident in what we do. We believe in what we do. We live for this and helping home owners steer clear of foreclosure so that you can move on with your life.
We encourage you to fill out a form on our website. We look forward to talking with you.
Get more information on selling your home from Kevin and Fred at My First Short Sale by the Short Sale Specialists of Arizona
Think Big Work Small - Short Sale
Good morning and welcome to Short Sale Power Hour. We are happy to be back in Arizona after hanging out on the east coast for a few days. It was fairly warm the last couple days in Baltimore as we walked round the port. While we are talking about it, you deserve to show up on November 2nd or 3rd in southern California to attend a Crush It Short sale experience. Check out the events page for additional information.
We’re fired up about today’s spotlight for mindset monday. Gary Keller calls it the “power of one” and we have mentioned it before. In order to obtain a big life, you have to think big and work small, tightening your focal point. The thought that you can master all at once and please everyone is a bit complicated. I think that one of the things that has made us profitable in business and life is using the time that we have and focusing on one thing.
One of the reasons that we have gone from non-existent to completing a couple hundred deals in a short time is because we have stayed intently focused. The power of focusing on a certain number of folders that have been prioritized is critical.
The one frequent denominator between where you are and where you want to be is focus. The reason we aren’t where we desire to be is that we have to focus more on where we are going. We are going to challenge you now to put more focus on what you are doing. Do not let other people become a distraction and stop you from capturing what you say that you desire.
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Short Sale Division Has New Additions
Hi everybody. I am Steve Horn with Short Sales Done Easy, your Phoenix short sale specialist. I wanted to let you know about a few changes that we have made with our short sale division. We have added a short sale administrator to run our in house negotiators to grow our short sale business and help Phoenix house owners duck foreclosure.
One thing I wanted to talk about today is concerning the agents that watch our videos. Whether you are a seller or a realtor, you have to be focused on closing short sales and adding additional listings. Regrettably, there are a lot of realtors out there that are trying to negotiate their own short sales while they attempt to expand their business. The thought of a real estate specialist negotiating their own short sales is difficult since they are not leveraging their time effectively. So, sellers need to be extremely careful about who they hire to deal with their short sales. You will have very sluggish results dealing with a short sale agent that is trying to do all of the work.
We have built a coordination team. We have people that handle the whole thing from start to finish. There is somebody who is chosen to handle all that is corresponding with the bank.
For realtors that don’t have the option of a real estate team, you can become an associate of short sales done easy. You can become affiliated with our team and we can negotiate your short sales for you. We provide you with a listing presentation that covers the whole short sale process. As of right now, we have more than 65 short sales live and have closed greater than 85 short sales. The presentation we show you is the exact same presentation that we make use of for our own short sales.
So, real estate agents negotiating their own short sales is not the finest option in my estimation. We will walk you through the process and show you what it looks like to be affiliated with our group.
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
Escalating Bank Short Sales Is OK With Lenders
Good morning. This guy hanging on my shoulder at this juncture is Coach Collard. We are just finishing up with Bank of America event at Brian Gubernick’s office. Yesterday we challenged agents to get their heads out of the sand. The BofA boss that talked with us today actually mentioned a few things today that referenced the outback.
The BofA executive noted that sometimes you will come across situations where the agreement is a good deal for the lender, but the negotiator just does not seem to get it. Now and then you will have to fight and work your way up to a executive because the staff that you deal with on a day by day basis have rules and limitations to work within. They also do not have the ability to make these decisions.
I do not know how many times we have stated this but you need to escalate, or hear ‘no’ eleven times, or get hung up on three times in a row. You have to be prepared to rattle someone just enough to permit you to go on to the next step. Are you willing to do what it takes to discover a solution?
As Brian Gubernick said a couple weeks ago, the realtor needs to be more worried with your client’s foreclosure than hurting a negotiator’s feelings. The outback gives you the mindset to move into that empowerment.
The BofA supervisor noted that the negotiator does not always have the capacity or authority to make choices on file and it is OK to escalate if necessary. He also mentioned that he wants other information regarding BPO’s. The lender wants more information than they already have. In addition, guidelines are lender specific and investor specific within BofA. However, there are exceptions. At the end of the day it is entirely about loss mitigations.
BofA services about 25% of all loans in the nation. Of the loans that they service, BofA is the investor in 20%. The other 80% are loans that they don’t own, but they may be delegated on. One out of each five short sales you send off to them is a decision they can make themselves.
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Bankruptcy Alternative To Foreclosure
Hi and welcome. We are Kevin Kauffman and Fred Weaver, Arizona’s best short sale team. We are following up on our alternatives to foreclosure blog series. We have been talking about a lot of of the alternatives to duck foreclosure. We have previously dicussed seven other choices, but the choice that we are going to center on today is bankruptcy. We want to bring you a few details regarding this theme and dispell a few rumors.
Comprehend that there are a couple different types of bankruptcy out there. We are not going to go through all of the diverse kinds, but comprehend that bankruptcies are for a multiplicity of diverse situations.
Bankruptcy may be a valid alternative for you. It might be the quickest method to get rid of your responsibility from your debts. We want to dispell one untruth though. A lot of homeowners think that filing bankruptcy means that they will not have to deal with their house. Nevertheless, after bankruptcy you still have to deal with your home. You still own the home because the bankruptcy doesn’t take the property away from you.
The reality is that you still have to come up with a plan to deal with your house. Banruptcy may be the right decision for you. However, when there is homeownership involved, something has to be done with the house. So, if you are taking into consideration bankruptcy, we would encourage you to deal with your home by foreclosure or short sale before your move through bankruptcy.
Please speak to us today about a possible short sale. You can always file bankruptcy later on and at least you will not own the property any more. The one advantage to bankruptcy is that the lender will stop foreclosure measures on your property. However, when the bankruptcy is done, you still need to find an alternative to deal with your house.
Get more information on selling your home from Kevin and Fred at My First Short Sale by the Short Sale Specialists of Arizona