FOR IMMEDIATE RELEASE Santa Monica, California, United States of America (Free-Press-Release.com) January 4, 2011 — Santa Monica, CA (January 4, 2011) – Members of the Institute for Luxury Home Marketing, Short Sale Experts Kim & Kristine Halverson are beginning to sell multi-million dollar homes and estates through the short sale process. With extensive training, the real [...]
We successfully negotiated and closed 2 short sales with Bank Of America. Our Seller was so excited to finish this right before the holidays and New Year. Also, the funny thing is that after closing. Our buyer admitted that he did not believe the short sale would get approved for him to purchase. He had [...]
I really wanted to share this information with you from a legal article with California Association Of Realtors. I don’t know if you have heard any rumors about short sale fraud? But, it’s definitely a concern for the banks. It usually happens with third party negotiation companies. Your real estate professional may unknowingly hire a [...]
The Mortgage Bankers Association defaulted on their loan & walked away from it’s Headquarters in Washington DC. They purchased the building 3 years ago for $79 million dollars with 5% as a down payment. Sound familiar? Many homeowners over the past 3 years have had this same issue…with their HOME not office. They have felt [...]
New California Law for 2011: No Short Sale Deficiencies: Starting January 1, 2011, a seller’s first trust deed lender cannot obtain a deficiency judgment against the seller after a short sale. Providing written consent to a short sale shall obligate the first trust deed lender to accept the sales proceeds as full payment and discharge [...]
Short Sale How short sale is reported will affect credit score. After short sale, lender can report as: 1. Paid in full – paid as agreed 2. Paid – settled 3. Paid – unrated If the owner is current with other payments, a short sale may only lower score by 50 points. Foreclosure 1. Can [...]
It’s time to stop the foreclosure process. There are other options than foreclosure and we’re here to help you gain a better understanding. Protect your credit from futher degredation. Present a solution to your lender and negotiate favorable terms. Help minimize your debt obligations. Allow yourself and your family to get a fresh start. Expedite [...]
I’m totally shocked at this news. I have been waiting a long time. So long that I actually gave up and was sarcastic whenever our clients and the media mentioned Mortagage help. However, I’m now starting to believe…and maybe they are too. It only makes sense to help homeowners that owe more than their home [...]
I have been super busy this week training and testing at California Asssociation of Realtors “CAR” for the HAFA Certification. It was really educational and as one of the first Realtors to take this program I’m excited to share… This is called the “HAFA” Home Affordable Foreclosure Alternatives program. This is a “Making Home Affordable” [...]
I’m sharing part of our secrets to getting short sales closed successfully for our clients. We use a Buyer Short-Sale Checklist for the homes we represent. This adds an extra level of protection for our Sellers. Here is the checklist of questions, Yes or No answer to each one: 1. Is the buyer pre-approved? 2. [...]