Sentences with phrase «short sale deals done»

It is very concerning to see real estate agents and real estate brokers, under the guise of being helpful in getting short sale deals done, offering web pages with detailed advice on what should go into a short sale financial hardship letter.

Florida home owners fighting foreclosure, and foreclosure defense attorneys, and Florida lawyers helping with short sales for that matter, may need a bit of good news after dealing with the ramifications of the Florida Supreme Court's decision in Pino v. Bank of New York this month — and we're getting some from lawmakers in Tallahassee and Washington, D.C. on proposed new laws that will help home owners get those short sale deals done and finalized at the closing table.

Getting a short sale deal done (especially right now with the overwhelmed lenders like Countrywide) takes alot of work.

Not exact matches

Lining up a buyer willing to do a short sale could convince your lenders to sign off on a deal.

Buying Taylor McKenzie's Credit Trauma Book was one of the best things I have done recently to help me a great deal when negotiating with my lender regarding my short sale of my home.

Keep in mind this type of funding is usually needed when doing Short Sales or purchasing REO properties from the bank because your not allowed to assign contracts when dealing with banks.

I don't sell commercial because I don't feel I can really represent my client in it so why do agents try to deal with short sales when they are unfamiliar with the process?

When a short sale transaction occurs, the seller does not make any money off of the deal, however, in most cases they are not required to pay the remaining balance of the mortgage.

CW is my 2nd mortgage holder and since it took so long for them to approve the short sale, the updated HUD didn't give them as much money as they were expecting and it even put the first a lil short, so the deal had to be re-approved by the 1st mortgage holder.

countrywide sent out an appraiser over 6 weeks ago to get an appraisal of the short sale property i want to buy... they still have not given us an answer and we have been dealing with them since February... Has anyone else had an appraisal done and still waiting?

Ideally I would tell you that if an attorney with short sale experience or other type short sale specialist is handling the sale you probably have a better shot at getting the deal done.

Did you get a good deal on the short sale?

Banks play a very integral role in the short sale process and if they don't give their green light to the deal then nothing would happen.

I, for one, never imagined when I first started out that I would have to do things like manage lease space, navigate through MLS mergers, deal with the fallout of a failed association merger, start up a meeting and event space business, teach short sales and foreclosure classes, endure plummeting membership numbers during the hard times, launch a real estate licensing school, sing at installations, and jump on a float for a parade.

On the one deal I did find that we partnered with an investor, a reverse mortgage short sale, the mail box was flooded with almost 3 dozen cards & letters from the foreclosure listing, so there are a lot of companies going after distressed properties here.

The only time you would do what Jon has suggested is if you don't want the seller to know the amount of the profit you are making or if you are dealing with a bank (REO or Short Sale).

«Helping people is a big deal to me, whether I'm saving them from having to do a short sale or helping them down a mountain,» he says.

Mainly we have been doing short sales, and finding deals through the MLS and other business connections.

If you don't work as partners in a short sale, you're not going to make it to the end of a four - month deal.

WEEK 3 - Generating All the Short Sale Leads You Can Handle - If you don't get leads coming in, you won't be doing any deals or making any money.

I have been working on short sales for years now and even though it does take a few months, it has been the best deal spread in profit that I have ever received on any type of deal.

I work with many buyers looking for great real estate deals, and after they understand that low - ball offers don't work, and the process to purchase a short sale home can have an unpredictable time - frame; they then better appreciate the short sale listing procedures you have set up to be successful.

Don is a full - time, active real estate investor, coach and trainer who had done all types of real estate deals such as wholesaling, creative financing on pretty house deals, rehabbing and retailing, rentals, short sales, foreclosures, new construction, private lending and much, much more.

Last Update: 02/24/16 With pressure building to get short sales done before the end of the year (when the tax exemption for deficiencies expires), it's becoming more and more important to help buyers find Florida short sale properties as well as helping sellers promote their short sale deals.

Tired of no / low equity deals where you have to wrestle with the bank to do a short sale?

Just curious as to how the broker out of SC is really doing the deal without processing the Short Sale all the way thorugh.

Short sales are still good deals for many buyers, it's just a matter of getting the deal done.

I put a thin deal short sale under contract in Feb when I didn't have much going on that just came in and punted it because I've got 4 right now and didn't want to cheat on the my numbers / tie up the cash / work that hard when it finally came in.

He explains the two types of short sale deals and what he does — and doesn't — include in his packages to the bank.

That's one way that I stand out and I also don't, I don't specialize in everything, I do what I do and I do it well, I don't try to be all things to everyone, so for example if someone is looking to either get a great deal through a short sale or just sell their home through a short sale, I don't do those myself, I've had training and experience in it but I know the experts in it and I refer it to those experts.

Odds are that most of you are already knowledgeable when it comes to short sales — and likely have dealt with them from time to time — but do your clients understand the differences that come with a short sale?

Having a Florida lawyer on your side when you are facing foreclosure, trying to get a short sale of your home, or wanting to renegotiate a home mortgage loan is always helpful — but what many Florida home owners do not realize is that having a lawyer on your side as soon as possible can lessen the daily stress of the situation, such as having the attorney take on the burden of dealing with the bill collectors.

So they miss out on BIG profits that are available by making offers on short sales that are listed and / or controlling the whole deal by finding the seller that needs to do a short sale, list it and have a title company process the short sale.

Closing — And finally, a good short sale agent in Wellington FL will do his or her utmost to do everything else that has to be done so that you and the other can finally close the deal.

Of particular concern to home builders: the impact that appraisals in deals involving foreclosed homes, short sales and distressed real estate has had on the real estate market, particularly when appraisers use these properties as comparables for brand new homes — doing so, brings down the appraised value of the new home unfairly and inaccurately.

If this does turn out to be a short sale, you, the buyer, the real estate agents and the title company will all have to sign an affidavit stating that this is not an insider deal and that no one is related to you.

What I meant was, for people who short sale a lot, what % of the offers do you see close on your deals?

«We'll see what happens after the holiday season, but the possibility of a continued drop in occupancy by another 100 basis points or so in 2010 is still very much a possibility, given the lack of a broad recovery in tenant sales levels and our unwillingness to do uneconomic deals for the sake of short - term occupancy gains,» Wood said during the company's conference call with analysts on Nov. 5.

usually i just google the county mls list many brokers website also have access however the broker i use gets alot more info than i do for instance on one deal that fell thru she knew it was a divorce that left them taking short sale offers however there were two mortgages the first okayed the short sale the second BOA pulled out three days before closing.

I'm heartened to hear that short sale deals can be done relatively painlessly.