The Short Sale Specialist

Hello, I am Mark Peek right here with Keller Williams Real Estate where we’re California’s main short sale specialists. I wanted to talk to you today a few common question I get from a lot of householders out there. When speaking about short sale deficiencies, can the bank pursue me for the deficiency in a short sale scenario? This is a good question, and Senate Bill 458 that was passed in July truly says that if a lender agrees to a short sale, they can not pursue you for a deficiency whether it’s on first liens, or on junior leans. A junior lean refers to your second and third liens in your property.

short sale shift

Hello everybody Josh Pomerleau here with Short Sale Shift, Minnesota’s premiere short sale staff, thank you for taking a minute to check out my blog today. My group and I work with Keller Williams Realty in the Minneapolis area and I blog each single day in an effort to keep distressed property owners up to date and knowledgeable on their choices for avoiding foreclosure. If my blog is useful as we speak please take a minute to browse the library of videos on my web site or contact me straight to discuss your situation.

Tucson Short Sale Negotiator

Hello there everyone this is Shawn Polston with 502 Short Sale, Tucson’s leading short sale agent, thanks for your time today. My team and I specialize in short sales in Tucson and I weblog every week to keep distressed property house owners informed and aware of their choices for avoiding foreclosure. If my weblog right now is helpful please go to my website or give me a call to discuss your options.

Orlando Short Sale Specialist

Hey everybody welcome again to Orlando Short Sale Expert. My name is Mark Alan Adams and I’m a licensed realtor within the state of Florida and my team and I specialize in short sales. We are the authority on short sales within the state of Florida and I blog ceaselessly to supply high quality data to area homeowners on their options for avoiding foreclosure. On my web site you will find an intensive library of vidoeos covering quite a few topics which may help answer some of your short sale questions.

Lawyers Realty Group

Hello, that is Derik Lewis with Lawyers Realty Group and we’re :k1:’s main short sale team. I often here that California is a non-deficiency state, and that’s not really true. Lenders in California have the right to hunt deficiency judgments and sure lenders are allowed to sue for unpaid balances for a interval of 4 years after default. What we do have in California are the anti-deficiency laws. They bar lenders from seeking deficiencies. They really begin with CCP 726 it is the inspiration of the anti-deficiency laws. 726 says [that a] lender would need to go after a property earlier than the lender might sue you on the note.

When homeowners lose a home to foreclosure, the last factor they want to focus on is being forcibly removed from the property by a group of county sheriff’s deputies. The fact that the whole process of foreclosure appears to turn out to be significantly much less clear following a sheriff sale can only add to the anxiety experienced by owners. Nevertheless, you can find four steps that the lender or new owner will generally follow so as to evict owners immediately after an auction.

Short Sale Shift

Hi, We are Josh Pomerleau and Sarah Willman, Minneapolis/St. Paul’s premier short sale group. We are doing fine today and we wanted to share some information with you today concerning deficiencies.

We observe a lot of realtors struggle with deficiency waivers. It is incredibly hard to negotiate that deficiency waiver. However, with the short sales that we are closing in Minneapolis/St. Paul we are getting exceptionally good at making certain there is no deficiency. In the state of Minnesota you have six months before the sheriff sale is announced and an additional six months before the sheriff sale is supposed to occur. So, with your Minneapolis/St. Paul short sale, you essentially have twelve months before you have to leave your Minneapolis/St. Paul property.

Short Sale Power Hour

Brian Gubernick used up most of yesterday upset about OCWEN and their short sale policy. So, today, we didn’t want you to think that Brian is always heated and we’ve invited him to communicate some optimistic moments from a recent speaking engagement that he attended with feature presenter Matt Verson, a big head at Bank of America.

The Obama foreclosure rescue strategy makes sure that there are more new loans available in the housing market, recommends the approval of more loan refinancing applications, and stimulates an increase in the number of permitted loan modifications by banks and lenders.  The Helping Families Save Their Homes Act, which was signed into law by the President himself in May 2009, supports the foreclosure initiative.  This legislation was designed to make some adjustments to the Hope for Homeowners Act that was then given the goal of aiding borrowers who had outstanding mortgage loans with values that were more than the selling prices of their homes.