If you've spent way too much time in 2011 living under the dark cloud of an unaffordable house payment, you're in good company. Current estimates are that more than 25 percent of all homeowners in this country would net less on the sale of their home than the amount they owe on their mortgage, and 6.3 million homeowners are in some stage of foreclosure.
The good news is that you have options. Helping homeowners to avoid foreclosure has actually emerged into the spotlight of as a national priority, with major banks, the Federal government and many state and local agencies offering more assistance than ever before to financially strapped homeowners.
As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, I am tapped into the full scope of solutions for helping financially distressed homeowners to make a fresh start. If you'd like to learn more, I invite you to access my free web site www.GetFreeShortSaleHelp.com
Contact me today and let's get started!
Sunday, January 22, 2012
Millions of homeowners fell behind on their mortgage payments last year, and then proceeded to fall further behind every month.
These are tough times and there are no easy answers.
The fact is, major lenders, the federal government, and local agencies across the country have stepped up their efforts to stem the tide of foreclosures. More help is available than ever before.
As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, I am knowledgeable and adept at navigating among the full range of solutions for helping financially distressed homeowners to make a fresh start.
Looking to learn more? Check out my free report: "Tipping the Scales Toward Foreclosure? Resolve to Shed the Weight of an Unmanageable Mortgage in 2012."
And if you, or someone you care about is looking to tip the scales back into financial solvency, contact me today for a confidential consultation!
Thursday, January 19, 2012
We still continue to hear stories from Realtors over and over, again and again regarding third party negotiation fees on short sales. They ask the Realtors to pay them off the Pre-Lim HUD, and sometimes they are pretty huge fees. But are these third party firms or people really that experienced? Can they really demand these fees in this way? Can they really demand that the sellers pay their fees? Can they sign up these sellers and make them pay fees that are so high that they finance them monthly till way past the closing date?
They say that “Technically” a buyer or seller cannot be made to pay these fees, by an agent or Realtor. Then the argument is that why would a buyer pay more money for a short sale home? They can just buy a different home with no extra fees for any third party middle-man added into the sales price? Does that make any sense at all? The other side is, why a seller would list the property with such a fee. By doing that they could price themselves out of the market. Last but not least we have the lenders that are slowly putting an end to paying any third party fees.
Will we ever get a ruling on this, I doubt it. Why don’t we just pass a Short Sale Tax and have that fee be paid to a “3rd Party Negotiator”. If the new incoming Pres does get congress to work on the outstanding issues soon it looks like people may start paying sales tax on property sales next year. But, that’s another story.
Have a Great Day
Have a Great Day
Sunday, January 1, 2012
Here we are, a Sunday, a Holiday and the start of a new year. The office is closed, Most are off from work today and many are still prepping for the new year. Why not start by Backing Up your system. Ask yourself, When was the last time I did that?
Any data that's important requires a good backup. It’s the key to good computing practices. It is critical to regularly back up the all data files that are stored on the hard drive(s) of your computer system. If your hard drive ever crashes or a situation develops that would prevent you from accessing your hard drive, the data files and your work will be lost if you don't have a good back up somewhere.
Backing up data regularly ensures that personal documents, photos, and all your other important files are safe and secure in the event of a tech-no-crash. You could do a media back up such as on a CD/DVD, external hard drive, USB Flash drive or a Home Server.
ADVANTAGE – All the Backups and restores are fast and accessible. Your copies can be placed offsite like a safe deposit box or a fire box in your office for peace of mind.
DISADVANTAGE – The cost of the media or a home server can be expensive. Even if the media is very resilient, it is still susceptible to physical failure.
You could also store your backups online or what is called “the Cloud”. They can be accessed from anywhere and on any computer. The data is password protected, by you, and safely stored at a secure online location.
ADVANTAGE – It is one of the most secure methods that can be accessed anytime, anywhere from any computer. Your system can also be programmed to automatically back up at any time.
DISADVANTAGE - Usually requires a monthly or yearly cost and consistent online access. In my estimation it’s a small price to pay for piece of mind.
You decide, but at least, Back up the system.