Orlando Short Sale Expert

Hi, I am Mark Alan Adams, Orlando Short Sale specialist. My team is Orlando’s premier short sale group. Today I want to talk about timelines, more specifically, how long does a bank take to foreclose on you Orlando house. Legally, the lender can foreclose on your house if you overlook one single payment. Nonetheless, what we are observing in the active market is nearer to 90-120 days of defaulting before you get foreclosure documentation.

My First Short Sale

Hi and welcome. We are Kevin Kauffman and Fred Weaver of Group 46:10. We are Arizona’s top short sale agents. We sought to spend a few minutes talking to you about some of our previous blog posts. A lot of people that watch our website and contact us need to know what their choices are to evade foreclosure. The choice that we specialize in is short sales. We’ve completed greater than 300 short sales over the previous few years at a 90% success rate. However, we want to make you conscious of all of the options that you have to sidestep foreclosure.

Short Sale Shift

Good Morning everybody and welcome to Short Sale Shift. We are going to chat concerning something that we are hearing about at training classes and among talks with other real estate agents. There is evidently a shadow inventory of foreclosures approaching. Essentially there have been homes foreclosed on that are sitting unoccupied. The banks are going to start putting these properties on the market. We are a little bit apprehensive regarding this because with the amplified inventory, prices will decline. The lenders had hoped that the real estate market could turn around and they could make public these properties over time. Nonetheless, those properties are going to create a log jam over the next three to six months. The number of homes that are waiting to come on the market is amazing.

Short Sale Shift

We got a slight bit off focus yesterday. However, we wanted to stay off topic for a little bit longer since minnesota short sales and foreclosures have been increasing. They have caused several interesting things to happen in the real estate marketplace.

Is it helpful to have your funds sitting in a bank account making one percent? That is a very bad return, but it is secure. Yet, how safe is it with the pace of inflation. There are opportunities to be making 10-20% on your money right now with real estate. I recall working in 2005 when investors were merely happy to break even. Yet, at the moment with prices so low and rates so low there are opportunities everywhere. You might potentially make $300-$500 a month with 20% down through a rental property.

Short Sale Power Hour

Today is a fantastically unique installment, because the idea for this installment is that Kevin will not speak. If he does, Kevin and Fred might end up in a courtroom. They were really fired up about this situation when it happened. So, they had to wait a little bit before chatting about it today.

Short Sales Done Easy

We would like to present a part of our team. This is our negotiator, Shawn. Shawn and I would like to talk about a few of the myths and answer some of the questions that many people have.

First of all, you can short sale a house including a HELOC. The difference between a customary second purchased money loan and a HELOC. HELOC stands for a home equity line of credit. It’s dissimilar from a conventional second mortgage since the bank has the ability to go after the deficiency. It’s seen similar to a credit card.

Short Sale Power Hour

We are setting out on day 2 with Trent Chapman and we are amazed by the number of appearances Trent has had on shortsalepowerhour.com. We asked Trent to come back to talk about the Short Sale Genius Designation program. Everyone knows that we are not huge fans of designations. We have contributed on our own designation recently, but we stole that from Trent. Still, Trent has decided to do a real designation. The designation is for realtors who work with troubled properties.

Short Sale Power Hour

This week has been customer support week. We have been talking about the importance of working on behalf of your client and doing the best things for them. Yesterday we spoke about how to set yourself up for success so that you can service the consumers needs. Monday was focused on not accepting no for an answer for the reason that you have taken on a consumer that depends on your experience and aptitude.

Short Sale Shift

Today we did need to cover a few important things about purchasing a short sale and how to go about that process. If you are purchasing a short sale you might want to do a little research or have your broker do it for you. We would ardently advise getting a real estate broker to deal with it. They will probably know a little bit about the short sale practice and be able to act for your best interest.

You have been called into the office of your supervisor and you know the news is not good. Some of your coworkers have come out with pink slips and the horrible look of a deer caught in headlights. Well, after a little bit of chit-chat, you are also handed your pink slip. A few words of, “I’m sorry”, and you are no longer an employee of the company. How will you and your family survive? Can you use foreclosure services even though you are not sure of the outcome?