38080 Lakeshore Blvd.,, Willoughby, OH | Powered by Postlets

38080 Lakeshore Blvd.,, Willoughby, OH | Powered by Postlets.

MOVE IN READY !! Smoke free home with a view of the lake. No repairs needed to the house, it’s a great buy. This property won’t be on the market long.

Stop Foreclosure Utah

I’ve had the opportunity to meet some great people in journey to success.  One guy in particular is a Mr Shaun Johnson.  He’s out to help people in his local area by providing ways to help those in need of stopping the foreclosure process.  Shaun has a great company and is trying his best to get you out of a jam.  If your from Utah, than it’s definitely worth your time to check out one of his sites.  http://www.StopForeclosureNorthernUtah.com

Stop Foresclosure Utah, Shaun can help.

Real Estate Professionals looking for a buyer in a Short Sale Situation?

 Dynamic Home Buyers, LLC is your answer. Not only can we buy the property but with our loss mitigation department we will do all the leg work for you. Our offices will prepare, work, send, and negotiate all necessary documentation with the appropriate lender for approval. Never cutting you out of the deal, Dynamic Home Buyers will guarantee your commission and free you up to work on something else. Just sit back in confidence knowing the work is being done and collect your check. Sweet.

Call 330-310-8477 and ask for:

Terrance Dexter
http://www.DynamicHomeBuyersLLC.com

Current Market Analysis (CMA)

Any real estate professional wanting to list your home should come prepared with a current market analysis. A quality CMA should include the following:

A summary of trends in the local area, including current real estate activity

  • A description of your property, including basic property characteristics
  • Market Analysis – this is the central part of the CMA, and should include comparisons with other property sales and pending sales in your area. Each of these properties is compared based upon the quality of the home and its condition.
  • Any unusual sale prices will be factored in. An unusually high or low sale price can be motivated by either buyer or seller, and can be affected by a number of factors. These are considered in an accurate CMA.
  • Current market conditions are an important factor. Perhaps the present market is definitely a ”buyer’s” market, with many properties listed. Or it may be a “seller’s” market, with a very limited number of homes available for sale. The length of time for recent sales will be considered, along with any discounts that have been offered, where a seller has substantially reduced the sale price of the home.

Once these factors have been assembled and analyzed, the CMA will present typically present three different options: (1) The most likely selling price, (2) the price for a seller who is anxious, and must sell as soon as possible, and (3) the price for a seller who is willing to wait for the optimum buyer.

A quality CMA will be invaluable in helping you and your listing agent determine the best possible price for the sale of your home

Women’s House Mistakenly Auctioned by the Bank

I thought I had seen everything until I came across this artical from MiamiNBC.com!

“You know times are tough when people are getting kicked out of their house when it’s not even for sale.”

 

http://www.nbcmiami.com/news/local-beat/Womans-House-Mistakenly-Auctioned-by-Bank-53583357.html?yhp=1&ref=patrick.net

Foreclosure? I Can Help.

If you are a homeowner who has gotten behind on your mortgage payments, you may feel as if you’re sinking into a deep pit of quicksand. No matter how hard you struggle, there seems to be no way out. The bank is hounding you, the calls and letters flood your time and it seems no one understands how you got in this predicament anyway.

There may be an answer for you that can rescue you from the possibility of bankruptcy and foreclosure, save your credit rating and satisfy the bank. It is called a short sale and I’m the one to help you through the process. I will explain to you that this is not a predatory fly-by-night pipe dream. I’m one of the investors who is looking for pre-foreclosure houses and know how to negotiate with the banks to accept payment of the mortgage in full at a discounted price. Your home may be exactly the type of real estate investment I’m looking for. But there are steps and pitfalls along this journey that you’ll have to take.

A short sale means the bank accepts payment short of the loan. It does not mean it is a quick sale, though it can be. Banks would prefer to sell at a discount than to have another foreclosure to deal with. They are out to take as little loss as possible and a short sale is their best option as well.

I’m a professional who understands the ropes of short sales. I’ll walk you through the process and help with all the details such as gathering  records to show why you’re not financially able to meet your obligation to continue to make payments. Then I’ll prepare you for an inspector who will come through and re-evaluate the fair market value of the house. The number they come up all depends on the prices of other homes in the area, the materials used in the home, it’s age and the age of the roof, A/C, appliances and water heater, the estimated repairs needed to make it sellable again, etc. The figure the agent comes up with is called the BPO (Broker’s Price Option). That is the magic number. The bank will want the me to fork out between 85-90% of that amount in order to satisfy the loan.

I will then buy your house, make the repairs and try to resell it at a higher price than the BPO. That is how I make my money – off the resale, not off you. In the end, the bank is satisfied, I as the investor have made a profit and you have walked away without a foreclosure on your record. True, you won’t make the money you had once hoped to make on the house, but you won’t owe anyone either.

 The last thing ANYONE wants is for you to foreclose.

Looks like there may be a turn around in the housing market. Uptrend?

“Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of Realtors®.

The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in May, increased 0.1 percent to 90.7 from an upwardly revised reading of 90.6 in April, and is 6.7 percent higher than May 2008 when it was 85.0. The last time there were four consecutive monthly gains was in October 2004.

Lawrence Yun, NAR chief economist, cautions that there could be delays in the number of contracts that go to closing. “Closed existing-home sales have improved but are coming in lower than expected because some contracts are delayed or falling through from the application of new appraisal rules for many transactions,” he said. “Rises in contract activity show buyers are becoming more active even as they face much more stringent loan underwriting standards. Speedy clarification of the appraisal rules could smooth a housing market recovery and support the overall economy.”