Columbus OH – Short sales are confusing. Many
people do not understand the necessary steps to successfully short sell a home.
The first priority is to find an agent with prior short sale experience. The
more experience the better. They will know the necessary steps to help you
short sale.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. columbusohshortsaleadvisors.com/
Unfortunately, many agents do not have much short sale experience. If you want
to successfully short sale your home, then avoid hiring an agent who is not
experienced with short sales.
Another mistake to avoid is deeding your home to a
buyer. Some potential buyers will ask you to deed your house to
them. The problem is that you give up all your rights and lose control over
what happens with your loan.
Some buyers will rent your home out, pocket the rent, and let your home go into
foreclosure. The sale would be legally enforceable and you, the home owner,
would have to go to court if you want to cancel the sale.
Only deed your home as part of a legitimate sale after the short sale has been
approved by your lender.
Another mistake some sellers make is to allow a buyer to
negotiate the short sale directly with their mortgage company.
The buyer has complete control of the negotiation and may attempt to negotiate
a very low price with your lender.
This could go on for a long time and the buyer may back out at the last minute
leaving you with no option to avoid foreclosure. In addition, you have no
control over what information the buyer may provide to your lender.
They may give them information that would complicate any future dealings. It is
best to avoid these mistakes up front when you are starting the process.
That way you have the best chance at a successful short sale. Thinking about a
short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on A Few Mistakes To Avoid When Short Selling Your Columbus
Home is provided as a courtesy to our viewers to help them make informed
decisions.
Columbus OH – Are you thinking about buying a
short sale? Many people would gasp, or look at you sympathetically, if you told
them you were buying a short sale.
Some of them would probably warn you about the drawbacks of buying a short sale
- one of which would be the waiting period for the short sale to be approved by
the mortgage holder.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
There is usually an agreement between the home seller and their mortgage holder
whereby the mortgage holder agrees to accept the lesser amount than what is
owed.
Despite the bad reputation of short sales, a number of buyers are
actually interested in short sales. They call and say that they
are interested in buying a short sale.
In other situations a buyer falls in love with a home and decides to wait for
the short sale to be considered by the lender. This often happens with unique
properties.
In one situation we helped a couple short sell a property with a 10 stable
horse barn. The property was perfectly setup for horses. Now, this wouldn't
matter to someone who doesn't own horses.
But, it was perfect for this buyer and they agreed to wait out the short sale
process in the hope of their offer being accepted. Other buyers are interested
in good deals.
They know that a short sale can represent a good buy compared to other
properties. Yes, short sales do attract fewer buyers than non short sale
properties.
But, at the end of the day we can work around that issue and still
successfully short sell your home. Every short sale property we have listed for
sale did receive an offer from a buyer.
If you must sell your home and you owe more than it is worth, then a short sale
is usually your best option to do so. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Are Buyers Interested In Buying A Columbus Short Sale
Property? is provided as a courtesy to our viewers to help them make informed
decisions.
Columbus OH – A number of myths have hurt the
reputation of short sales. There is a common misconception that a short sale
seller is unable to sell his house due to the inability to pay a realtor.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
You can short sell your home and it costs you zero out of pocket.
How is that possible? Your bank will pay the realtor for you. Here
is how it works.
A seller puts their home up for sale as a short sale. The realtor markets the
home to buyers. A price is agreed upon between the seller and buyer.
The price is what the realtor determines would be acceptable to the mortgage
company. The mortgage company would rather sell a house as a short sale instead
of after foreclosure or bankruptcy.
They agree to pay all the selling costs and the realtor's commission. The
seller benefits from salvaging their credit and walking away from the debt.
The bottom line is that you can short sell your home whether or not you can pay
for a realtor. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on A Common Columbus Short Sale Myth: I Can't Short Sell My
Home Because I Don't Have Any Money To Pay The Realtor is provided as a
courtesy to our viewers to help them make informed decisions.
Columbus OH – Yes, there is absolutely nothing
stopping you from selling your home even if it requires repairs. Some realtors
will make an issue out of leaking pipes or other problems.
The truth is that the short sale lender doesn't make a big deal because they
know that they have to sell the home. They will either sell it as a short sale,
or after a foreclosure. One way or another it is selling.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
Just because you can sell your home when it requires repairs doesn’t mean that
you will get a fair price for it. Some buyers will buy the home and plan on
making the repairs themselves.
Others don't want to mess with the hassle of making repairs. This makes the
pool of potential buyers smaller compared to a home in good condition. This
will be reflected in the price of the home.
Once the realtor knows the repairs will have to be made by the people who end
up buying the house, they will prepare the short sale lender and all the other
parties for the lower price.
If your home needs repairs, then don’t think that this will cause your
lender to deny any short sale offer. Above everything else, the bank only cares
about receiving a fair market value when the home sells.
They know that they must factor any necessary repairs to determine what is a
fair market value. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Can I Short Sell My Columbus Home If It Needs Repairs? is
provided as a courtesy to our viewers to help them make informed decisions.
Columbus OH – The way that most lenders handle
short sales is very weird. They have a strange policy of demanding that all
home buyers close on their home purchase within 30 days of them approving the
short sale.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
The sad truth is that you can only push home buyers so hard. On a traditional
sale many people wait 2-6 months for their home to sell. Most buyers agree to
close within 30 days.
The biggest reason for a closing delay is because the lenders want more
documentation from the buyers. They want to make sure that the buyer is
qualified for the loan. It's part of the lending business.
It sometimes happens to buyers who the lenders had said were
"pre-approved." So the reality is that everyone wants to close within
30 days. But, the party holding up the closing is often the buyer's lender.
Most agents and home sellers agree to wait until the buyer's financing comes
together. The alternative is to put their home back on the market and wait
another 2-6 months for it to sell.
You can beat the buyer over the head and punish them for not closing on time.
You can say, "If you don't close by X date, then I will sue you for your
deposit and I will not sell my home to you."
But, that will not force the buyer's lender to close any
faster. The buyers usually get angry. They will probably hire a
lawyer and fight to get their deposit back. Then, they'll go buy another home.
Most parts of the country have thousands of homes to pick from.
They will have an easy time finding another home to buy.
Sure, you may sue them for their deposit. But, the extra time waiting for
another buyer usually isn't worth the aggravation involved. So, why does this
matter to you if you are short selling your home?
The bottom line is that new federal lending regulations have
caused the lending process to take more like 45-60 days. Some
lenders have been able to close within 30 days, but most still take 45-60 days.
As a result, your short sale realtor will probably have to ask for an extension
on the short sale approval. Short Sale Lenders don't like to approve
extensions.
They think that if they start allowing 60 days for a short sale to close, then
all short sales will close in 60 days. The person at the bank isn't selling his
own home. He still gets paid whether or not the home sells.
They are insulated from the reality of what it is like to actually sell a home.
If the sale is delayed you will need a good, experienced short sale realtor to
make the case for the lender to extend the short sale approval until the sale
closes.
If not, then you will have to cancel the sale, resell the house, re-negotiate
the short sale, and go thru the entire process all over again.
Now, do you see why an inexperienced agent would think that short
sales are difficult?
The good news is that an experienced short sale agent is usually able to
convince the lender to extend the closing until the buyer is able to close.
Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Another Reason You Must Hire An Experienced Columbus Short
Sale Realtor is provided as a courtesy to our viewers to help them make
informed decisions.
Columbus OH – Remember the first time you drove
a car? Was it easy? No, it wasn't.
The first time we drive we have both hands on the wheel and are looking in
every direction. We are focused on the road ahead to make sure we don't have an
accident.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
After we have been driving for a while we start to relax. "Driving isn't
so hard after all", we think to ourselves. After a little practice some people
are eating, steering with their knees, and even putting on makeup in the car.
Most of us would agree that driving is actually pretty easy once you have some
practice. The same thing applies to short sales. They are very difficult and
frustrating when you first start out.
However, once you have some experience short sales become easy. "I
remember when this happened to me on my last short sale. I did X and it
produced Y result", you say to yourself.
So, you do X on this short sale and the short sale succeeds. Pretty soon short
sales are just like driving. You know what you are doing and most short sales
are easy.
You will know what is happening when you hear someone say, "Short sales
are impossible. You shouldn't short sale your home because they never get
approved."
That person probably doesn't have much experience with short sales and are
frustrated as a result. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Are Columbus Short Sales Really That Difficult? is provided
as a courtesy to our viewers to help them make informed decisions.
Columbus OH – Many homeowners facing foreclosure
come home to find the locks on their doors changed out. They are locked out of
their own home.
We have seen lenders do this to homeowners who still own and live in their
home. In one example, an American Veteran was facing foreclosure. He went to
the hospital for some medical treatment.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
He came home to find the locks on his home changed. All of his personal
belongings had been put out at the curb. Some items were missing.
Don't be surprised that this is happening. We
recently saw a story that Bank of America allegedly foreclosed on a paid off
house.
If this does happen to you, then
please remember that the lender is breaking the law.
They are not allowed to change out the locks on your home until they have
completed the foreclosure proceedings and evicted you from your home.
(Most lenders usually pay homeowners to move rather than bother with an
eviction.) It is your home and you own it until the lender has foreclosed on
it. In addition, you still have the right to live there until an eviction is
finalized.
Fortunately homeowners have rights (although the banks don't think that they
should.). Here is what you should do if this happens to you.
1. File a police report against your lender for breaking and entering.
2. Contact your senators, and the Attorney General for your state.
3. Hire an Attorney and get some cash for your aggravation. In the example
above, the Veteran received compensation for having his rights violated and was
reimbursed for the missing personal belongings.
People get paid whenever a large corporation breaks the law. I estimate that
you can get between $5,000 and $10,000 for your time and money.
The lenders are breaking the law and should face criminal and civil penalties.
The lawyer representing you has a lot of leverage because he can subpoena the
bank and find out the employee who made the mistake.
That employee and the person who actually came out to the house could face
criminal charges. It will be less expensive for your lender to pay you versus
having to deal with an employee facing criminal charges and jail time.
Thinking about a short sale? I can help you short sale your property and get
back on your feet. Send me an e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorse by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Columbus Short Sales: Facing Foreclosure And Your Lender
Changed The Locks? is provided as a courtesy to our viewers to help them make
informed decisions.
Columbus OH – In yesterday's blog post we
explained why some realtors consider short sales to be a "nightmare."
Then, we explained what we do to inform the actual loan owner of the lender's
negligence.
Today, we'll explain how this works if the lender owns the loan in house. After
all, there is no third party loan owner who will hold the lender accountable.
Here is what you do in this situation.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
First, contact the CEO. We have a solid strategy
that will puts us in contact with the CEO of almost any bank. We have used this
strategy to contact the CEO of Bank of America, JP Morgan Chase, Suntrust, and
many other lenders.
Then, we detail the problem with the CEO and explain how much
money their company will lose if they do not approve the short
sale. We have a calculator that we use that breaks down these
numbers.
It is based on examples of when a lender turned down a $385,000 short sale offer,
foreclosed on the house, and then sold it for $230,000.
(Most people would be shocked at how much banks lose because of their flawed
short sale processes.)
Here is what happens when this process is carried out
effectively. We contacted the CEO of a Top 20 American Bank. We
explained how the short sale department wouldn't respond to emails or phone
calls.
Then, we explained that we estimated this would cause his bank to lose around
$30,000. We backed up our estimate with examples of other lenders who rejected
a short sale and lost tens of thousands more after foreclosing the property and
then selling it.
The CEO wasn't happy (to say the least.) Later that day the head of the short
sale department called us to discuss the file. He gave us his direct phone
number and begged us to never call the CEO again.
You have to remember that every dollar is important to these
CEOs. They work so hard to increase earnings every way possible.
They don't care about excuses. They want results.
They assume that every employee and department could work harder and do a
better job. When you show them how someone is not doing their job and costing
the bank $30,000, then they are unhappy.
Obviously this CEO was under a lot of pressure to boost earnings. We learned he
had been replaced a few months later. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on How We Convince A Lender To Approve A Columbus Short Sale
is provided as a courtesy to our viewers to help them make informed decisions.
Columbus OH – I read a blog post by another
agent the other day. He had a long story about a short sale that he worked on
that was so difficult. He said the lender sent him a form on Friday.
On Friday afternoon they demanded that he send them back a form signed and
notarized by the sellers. He sent it back to them on Saturday.
On Monday they closed the short sale file because they hadn't received the form
within 24 hours. Apparently they didn't check their faxes over the weekend.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
According to the story the agent just resubmitted the short sale file and
waited another 60 days for the short sale file to be processed. It appears that
this agent let the short sale lender push him around.
But, why waste 60 days because of the short sale lender's unreasonable demands?
Why put your home sellers at further risk of losing their home to foreclosure?
The short sale lender should have re-opened that file right away. And they
would have if the agent had held them accountable for their actions.
The bottom line is that this agent let the short sale lender dictate everything
to him. He allowed them to have all the power. He never stood up for himself.
Now, I'm sure you are wondering how this agent could have stood up for
themselves. Here is the simple way to do it. It all goes back to who owns the
loan. A little known fact is that 80% of all loans are not owned by the banks
themselves.
Most of them are owned by Uncle Sam or an unknown third party. In this
situation you find out who owns the loan and contact them directly. I've posted
on this blog instructions on how to find the owner of the loan.
Then, you tell the owner what is happening. But, you have to make your case.
Remember, these loan owners only care about the economics.
They don't care about a sob story about how the lenders are mean and your
feelings got hurt. They only care about how it affects their bottom line. That
is how you make your case.
Here is an example of what you say to them.
"In October we received an offer on this short sale for $356,000. We
submitted it to the ABC Bank, who is handling the loan. They were very
difficult to work with.
They would not give us an answer on the offer for 68 days. In that time, the
buyer canceled their offer. We put the home back on the market. Another buyer
made an offer for $347,000.
We submitted that offer to the short sale lender. It's been the same
problem." Next I would go into detail on how they canceled the short sale
process for no reason.
Then, I would detail how much money I estimated this loan owner lost as a
result of the lender's actions. In this example, it is probably $11,000. That
is the reduction in the sales price and lost interest income and other costs.
After you inform the loan owner of what is happening, then they will contact
the lender and ask them to do a better job. There are more things you can do,
but this is a start.
Tomorrow I'll explain what to do when the loan is owned by the actual lender.
The strategy is a little different. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Are Columbus Short Sales Really A Nightmare? is provided as
a courtesy to our viewers to help them make informed decisions.
Columbus OH – A person recently asked me about
how the banks foreclose on properties with a tenant living in it.
"Why would a bank go to the trouble of a foreclosure if there is already a
tenant in the house paying them?", they asked me. That's an interesting question.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
I think that the reason this happens is because the banks are not in the real
estate business. They don't want to deal with collecting rents, handling
evictions, and all the other work associated with rental properties.
They just don't have the infrastructure in place to deal with that. I think the
other reason is because there are federal banking laws that prohibit banks from
owning investment property.
If the banks were allowed to own rental property, then they would be more
inclined to foreclose on homes. Because of this the banks don't want to own a
home with a tenant.
They want to foreclose on the house, sell it, get their money back, and lend
that money to someone else. That is why they foreclose on tenant occupied homes.
Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Why Are Some Columbus Foreclosures and Short Sales Being
Sold With Tenants Still In The Property? is provided as a courtesy to our
viewers to help them make informed decisions.
Columbus OH – Here is a success story on a short
sale that the Stop Foreclosure Institute worked on for a long time. This was a
very difficult short sale and it dragged out for over a year.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
The reason that this short sale drug out for such a long time is because the
short sale lender thought that the house was worth more than its actual value.
Imagine that you were a bank losing hundreds of thousands of dollars on a loan.
You hire an appraiser and he says the house is worth 380k. Would you accept a
short sale offer for 275k? No!
We had the home on the market for six months and 275k was the highest price any
buyer was willing to pay. Here is why there was such a big
discrepancy between what a buyer was willing to pay and what an appraiser
thought the house was worth.
The house was located in the country about 12 miles outside of town. Most
people will pay more for a house that is located closer to town. Three miles to
the East of this house was an upscale area of luxury homes.
Most of these homes were located in well maintained, gated communities. The
person who appraised this home used those homes as comparable sales for the
appraisal.
But, it gets worse. This home had no garage and was located down about a mile
of dirt road and surrounded by lower priced homes. The comparable sales the
appraiser used were an apples to oranges comparison.
That was why the home was not selling for what the bank thought it was worth.
We submitted two different short sale packages over the course of 9 months.
Both times the bank told us they wouldn't approve the short sale because they
thought the home was selling for less than it was worth.
We finally lucked out on the third short sale offer. This time the home
appraised at an accurate value and the bank approved the short sale. However,
the home had declined in value over the past year.
It sold for 235k. Yep, that's correct. The bank lost over 40k because
they used inaccurate appraisal data to make a decision on the short sale.
The motto of this story is that most short sale problems can be solved with
time and persistence. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Columbus Short Sales: How We Overcame The Odds To Make This
Short Sale A Success is provided as a courtesy to our viewers to help them make
informed decisions.
Columbus OH – Here is a success story about a
short sale that the Stop Foreclosure Institute worked on. We recently closed
this short sale and helped the seller avoid a big deficiency judgment.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
Ed & Cathy bought their house at the top of the market in 2005. It had
dropped in value and they couldn't afford the mortgage payment anymore.
We listed the home and started the short sale negotiations with the lender. The
lender was a credit union. They were losing about $110,000 on the short sale.
They told us that they wouldn't approve the short sale unless the seller's
signed a promissory note and agreed to repay them for the loss. We discussed
this with the sellers.
They were not willing to accept the promissory note. They had experienced a
substantial reduction in income and did not see any way they could repay the
debt.
The bank wanted them to repay $726 monthly for the next 20 years. That may not
sound like a lot of money to some of us. But, to Ed & Cathy, it was
much more than they could afford.
The sellers told us that if they had no other choice, then they would agree to
the promissory note and then declare bankruptcy when the bank tried to collect.
We agreed that that was an option. But, we also thought that the bank was being
unreasonable. We explained the situation and asked them to approve the short
sale and forgive the debt.
Our contact at the bank wouldn't do that. We continued to sell him on it. We
explained that this was the best opportunity for the credit union to reduce
their losses on this loan.
We explained that the only other option was to wait another 6-12 months for the
foreclosure case to go thru and then sell the home. However, we estimated that
would cause the lender to lose an additional $20,000 to $30,000.
They would lose more if the seller declared bankruptcy and the foreclosure case
dragged on even longer. Finally, our contact agreed to approve the short sale
and forgive the debt.
The home sellers were able to short sale and move on with their life with no
deficiency or promissory note. Remember, it is a rare situation where a lender
will not approve a short sale and forgive the loan.
But, this is an example of how a good short sale realtor can help you avoid a
deficiency even if the lender does not want to forgive the debt. Thinking about
a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Columbus Short Sales: A Short Sale Success Story is
provided as a courtesy to our viewers to help them make informed decisions.
Columbus OH – The Stop Foreclosure Institute
recently received an email from Elaina. Here is what she had to say.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
"Hi, I am a Real Estate Agent. You have some good information on short
sales. But, is it written assuming that banks actually want to do short sales.
I have worked on a particular short sale with a large national bank. We started
on it seven months ago. They sent out an appraiser a couple of months ago.
Then, they said they were transferring the file over to a third party short
sale negotiating company. Now, we have to start the process at the beginning
with this new short sale processor.
What can I do to get the process moving along. It seems to me like the banks do
not want to work with us on a short sale. Elaina."
Here was our answer to Elaina's Question. Banks do
like to do short sales. The problem is that some banks are overwhelmed with so
many short sale and loan modification applications.
Here is why the banks prefer a short sale to a
foreclosure. They have learned from past experience that a short
sale dramatically reduces their losses compared to a foreclosure.
They know that a short sale is sold 6-12 months sooner than they can sell a
house. Short Sale Homes usually sell for more money than a foreclosure.
In addition, they are able to reduce a lot of costs associated with a
foreclosure. Those costs include legal fees, court fees, interest, property taxes,
and a lot of other costs.
This helps out their bottom line. So although it may seem like they don't like
short sales, the truth is that they do. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your lender.
Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Do Banks Want To Do Columbus Short Sales? is provided as a
courtesy to our viewers to help them make informed decisions.
