Columbus OH – A recent episode of the hit TV
Show, Burn Notice had an important lesson. The star of the show is a no
nonsense spy named Michael Westen.
A guy calls him and tells him that some bad guys are after both of them.
Michael says that in spy work you learn that a hot lead needs to be followed up
on right away.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
"I'll be right over", he tells the guy. Then, he rushes over to the
guy's place to meet with him. He shows up to find the guy has been murdered. He
lost out on any information he could have gotten from him.
I think we have all learned that lesson. Sometimes in life things need to be
dealt with right away. If not, then you miss your opportunity.
This happens in real estate, sports, and most people's work. If you delay, then
the opportunity will be gone forever.
So, how does that lesson relate to short sales?
There are certain times during the short sale process where you have to drop
everything and rush to get something completed. Here is an example.
Everything has been completed for a short sale negotiation. You have sent the
bank everything they have requested up to that point.
The bank has all of the information they need to make a decision on the short
sale file. The bank's short sale negotiator contacts you and tells you that the
short sale will be approved.
However, the buyer needs to pay $364,000 for the house versus the $360,000 that
was offered. In addition, they need a certain document from the short sale
seller.
Then, they give you the deadline. "If I don't have this stuff within 3
days, then I will close the short sale file", they tell you. After that
you rush to get everything completed.
It usually takes 30-60 days of hard work for us to have gotten to this point.
We know that if we don't get the short sale negotiator what they want, then we
will have to start the entire short sale process all over again.
We will have wasted 30-60 days and put our seller at greater risk of losing
their home to foreclosure. So, we get to work right away and track down all
that information.
If we can get the necessary items, then the short sale will be approved. But,
if not, then all our work will have been in vain and we will have to start the
process all over again. 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, Robin Lemmons.
Rick and Robin Lemmons 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.
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
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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on A Spy's Advice On How To Be Successful With Columbus Short
Sales is provided as a courtesy to our viewers to help them make informed
decisions.
Columbus OH – Realtors have a very important
role when it comes to helping sellers short sell their homes. It is the realtor
who works to attract the purchaser by communicating with buyers and their
realtor.
The seller’s agent and the buyer’s agent often have to negotiate to come up
with a consensus that is acceptable to both clients. Getting everyone to come
to a mutual agreement is not an easy task for realtors.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
Realtors get stressed out because of the task that is placed upon their
shoulders.
They have to look for buyers, help the seller come up with a good hardship
letter, deal with a buyer’s realtor, and basically do everything they can to
help with the short sale.
The seller’s realtor has to analyze various offers and send these to the lender
(or the bank) and wait for them to respond to the offer that is sent to them.
Sometimes all the effort is in vain when a buyer decides that they are not
interested in buying the home anymore.
Often buyers agree to buy a short sale property but then, never get back to the
seller or to his realtor. Then the realtor has to find out whether or not the
buyer is still willing to buy the seller’s house.
I recently met a realtor in a another town. “I hate short sales", she told
me. "They are frustrating and take forever. Most of mine have dragged out
for 9-12 months. The short sale lenders are so tough to work with.”
Apparently this agent does not specialize in short sales. Neither do a
lot of the other agents that complain about them.
These agents openly admit they hate short sales. They say stuff like,
"Maybe lenders worry about what would happen if they approved too many
short sales."
They haven't taken the time to learn how they work. They don't know who owns
the loan, or their short sale requirements. (This is all readily available
information for anyone who has an internet connection.)
Maybe these agents have chosen to specialize in other areas of the real estate
business, such as new construction or first time home buyers.
Or they specialize in commercial property. All of a sudden they want to short
sale your house. Where does that put your odds of a successful short sale?
I agree that short sales can be frustrating. But, most short sales do not take
9-12 months, especially when you know what you are doing. 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, Robin Lemmons.
Rick and Robin Lemmons 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.
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
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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Do Some Realtors Actually Hate Columbus Short Sales? is
provided as a courtesy to our viewers to help them make informed decisions.
Columbus OH – It is thought that lenders tend to
permit short sales only when and if a borrower has missed a payment. This is
not true.
Lenders also take into account other hardships the borrower may be encountering
such as a divorce, job transfer, relocation, etc.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
No lender will consider a short sale just because a borrower has missed a
payment. The lender also looks at the borrower’s financial status including tax
returns, budget, bills, income, etc.
After reviewing that documentation they decide whether or not to approve short
sale. A lender will first look at the borrower’s ability to pay back the mortgage.
Some people have a hardship that they project will cause them to fall behind on
payments in the future. But, they haven't fallen behind yet.
In this situation, then the lender will see that they will have to liquidate
the property one way or another.
If they conclude that a sale of the property is inevitable and that a short
sale will be the best way to cut their losses, then they will approve the short
sale.
We have also seen lenders approve short sales even if someone's hardship didn't
put them in a position where they couldn't make their payments.
But, the person must move and is unwilling to accept a deficiency payment for
their upside down home. A good example of this is a credit worthy person with a
stable, solid income who has a job transfer.
That person is upside down and unwilling to repay the lender for the loss. The
lender knows from past experience that going thru the foreclosure process and
then trying to collect from the borrower is hopeless.
First, the foreclosure process will take longer than a short sale and cause
them to lose even more money.
Second, they know that the borrower has the option to declare bankruptcy and
use other actions to avoid paying the lender.
Third, many states do not allow the lender to pursue a borrower for the loss
after a foreclosure. So, they lose money on a foreclosure that takes a long
time and get zero from the borrower.
Based on their prior experience they know that a short sale will be their best
option to reduce their losses as much as possible. 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, Robin Lemmons.
Rick and Robin Lemmons 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.
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
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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on A Common Columbus Short Sale Myth: You Must Have Missed a
Payment Before Your Lender Will Consider a Short Sale is provided as a courtesy
to our viewers to help them make informed decisions.
Columbus OH – In the field of real estate buying
a new home while short selling an old one is not an easy task.
The reason that banks allow you to short sale and walk away from the debt is to
benefit the bank, not benefit you. Banks approve short sales because they see
it as a way to cut their losses versus a foreclosure.
They do not like it when people short sell to benefit themselves and walk away
from their debt. Let’s look at how the process would work if you short sale
your home and then, buy a new one.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
Where this option is concerned you have to consider that if you have not paid
your mortgage, it is very unlikely that lender would give you a loan for a new
house.
The whole reason that they agreed to grant you a short sale is that they know
that you are facing financial setbacks and hardship(s). It would not make sense
for them to give you another loan to purchase a new house.
The best way to do this is to short sell your home but not miss any payments.
It will be more difficult to convince the bank to approve the short sale and
allow you to walk away from the debt.
However, there are a lot of loan programs available to help you buy a home
after your short sale is completed. FHA has a mortgage program that allows you
to qualify after a short sale.
Many other banks and credit unions also have loan programs for this. Yes, a
short sale does affect your credit.
But, these lenders also know that it gets rid of a lot of debt which makes it
easier for you to pay your bills. They consider a short sale to be an
"acceptable derogatory" on your credit report.
They will approve you for a loan to buy a new home after taking that into
consideration. So, there are many different options to buy a home after you
short sell your current home.
The bottom line is that you have to continue making payments and maintain your
credit during the short sale process. 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, Robin Lemmons.
Rick and Robin Lemmons 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.
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
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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Columbus Short Sales: I Want To Short Sale And Buy A New
Home. What's The Best Way To Do That? is provided as a courtesy to our viewers
to help them make informed decisions.
Columbus OH – Short selling a home is not always
an easy task. Many people make a number of mistakes, inadvertently, not knowing
of the legal repercussions that follow.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
If you are someone interested in selling their house via short sale, then you
should be aware “buy and bail”. Buy and bail is a mistake some short sale
sellers make by purchasing a new house and walking away from the old one
because it is 'underwater.’
This is a method that short sale sellers may use because they feel that their
current situation may never improve. So, they buy a new home at today's lower
prices.
This is considered to be ‘mortgage fraud’ and could have serious legal
consequences and that’s the last thing you want.
Many homeowners may buy and bail and believe that what they are doing is
justified because they were misled. For example, a real estate agent may have
led the buyer to believe that home's value would never fall.
Another possible scenario is that a bank may have told the homeowner that
refinancing would be an option that would always be available to them. Then,
the bank changed their lending policies and the buyer cannot obtain a new loan.
These are scenarios where a homeowner may feel like they were deceived. Do not
make the mistake of doing this, no matter how deceived you may feel, because
you may end up going to jail.
Buy and bail is considered a mortgage fraud because often the borrower does not
reveal certain information such as their intention to discontinue making
payments to another creditor.
That is the part that is considered fraud. It is punishable by up to 30 years
in prison and a fine of up to $1,000,000. Doesn't sound like fun, does it?
If you do want to short sale and buy another house, then make sure you talk to
competent legal counsel before trying this or a similar strategy. They will be
able to tell exactly what is illegal and what is now legal. With their
guidance you may be able to buy another home and then short sale and do it
legally. 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, Robin Lemmons.
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.
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
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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Columbus Short Sales: Don't Go To Jail by Making This Short
Sale Mistake is provided as a courtesy to our viewers to help them make
informed decisions.
Columbus OH – Many people have misconceptions
about a short sale and how it works. Many people think that the seller's
realtor and the seller are required to submit all offers to the short sale
lender.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. columbusohshortsaleadvisors.com/
It is the owner’s house. If they want to sell the house or not, then it is
their decision. The only role of the lender is to approve or deny the short
sale offer.
The lender is interested in getting the highest offer so they can reduce their
losses as much as possible. It is quite possible that more than one potential
purchasers are interested in buying the house.
However, it is the seller’s decision to choose which one to submit to the short
sale lender. It is not a necessity that the realtor submits all offers to the
lender because the lender is only interested in the best bid.
The remaining offers can be kept as backup offers in case the original offer
doesn't go thru. Some lenders require the realtor to submit all offers, but
that is not usually the case.
A purchaser may feel that their offer is being withdrawn or withheld from the
bank intentionally but there is nothing one can do about it.
Think about it. If your offer is not as good as the others, then it would not
make any sense for the realtor to present your offer to the lender.
Even if he did present all offers before the lender, it is most likely that the
lender will choose the highest offer. 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, Robin Lemmons.
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.
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
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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on A Common Columbus Short Sale Myth: The Realtor Is Required
To Submit All Offers to the Short Sale Lender is provided as a courtesy to our
viewers to help them make informed decisions.
Columbus OH – Many homeowners do not understand
the foreclosure process and how it works. A recent story I heard illustrates
this.
A homeowner's lender told them that a foreclosure auction date had been
scheduled for their home and that they should move out. The homeowners moved
out a few weeks later.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. columbusohshortsaleadvisors.com/
Three years later they were notified of a lawsuit against them. Someone had tripped
on their sidewalk and hurt themselves. They were suing the homeowner because
they were still the owner of the home.
"You can't sue me! I don't even own that home anymore", the
homeowners told them. They did some research and found out that they were still
the owner of the home.
It turns out that for whatever reason the foreclosure auction on their home had
been canceled. Now, three years later they still own the home and are being
sued as a result! Did the person at the bank lie to them? No one knows for
sure.
The lesson of this story is that you should check the court
records before moving out of your house or deciding that a short sale is not
for you. Most short sale agents understand how to look up these
records.
They can tell you about the foreclosure case and whether or not you have enough
time to attempt a short sale. The other lesson is that you should
never move out of your house until after the foreclosure auction has been
completed.
Most banks will even give you cash to move out after the foreclosure has
completed. They know that an eviction is expensive and can take a long time.
They know that giving someone $1,500 to move out is less expensive than paying
$800 to file an eviction and waiting 2-3 months for an eviction to be approved.
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, Robin Lemmons.
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.
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
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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on A Common Columbus Foreclosure Myth: I Can't Short Sell
Because The Bank Already Foreclosed On My Home is provided as a courtesy to our
viewers to help them make informed decisions.
Columbus OH – Lenders are misunderstood when it
comes to a short sale. Some people think that lenders prefer a foreclosure over
a short sale. This is not true at all.
Lenders actually lose out when they foreclose on a house. Remember, your lender
prefers the option that will net them the most money possible.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
They prefer a win-win situation a short sale offers. The lender knows that they
are losing money and expect to suffer a lost. They just want to minimize that
loss as much as possible.
A recent study showed that a short sale reduces a lender's losses by 20%. In my
experience with short sales that number has been much larger.
A seller’s job is to be friendly and open with the lender so that the lender is
more comfortable with the option of allowing a short sale.
Sellers should be prepared to write a good hardship letter, and provide the
lender with all the important documents so that the lender understands the
seller’s situation.
That way the lender may even help the seller throughout the procedure by
looking for an agent that could help him, etc. The seller is not required to
argue with the lender or be hostile.
Sellers should keep their egos aside when dealing with lenders. An aggressive
and hostile approach is not needed. 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, Robin Lemmons.
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.
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
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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on A Common Columbus Short Sale Myth: Negotiations With The
Bank Are Adversarial is provided as a courtesy to our viewers to help them make
informed decisions.
Columbus OH – I just saw a horrible story in the
news about what happens when people understand how a short sale works.
According to an article in the Daily Mail, the story starts with someone who was probably
upside down and couldn't sell his home.
This guy had a $3.5 Million Dollar Home and couldn't afford it. It sounds like
he had it on the market for a while and it wasn't selling.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com
This guy is behind on payments and upside down. He obviously decided that his
best option was to burn the house down. So, he burns the house down.
Someone finds out and he is convicted of arson. He is sentenced to prison for
16 years. Right after his sentencing he takes a pill and dies in what looks
like a suicide.
Here is what is so sad. This guy could have simply
short sold his home and walked away. If you are upside down on
your home and behind on payments, don't try to burn it down!
It just isn't worth it! There is a very good chance that if he had short sold
his home, then his lender would have forgiven the debt. If not, then he could
declare bankruptcy and wipe out the debt that way.
He would have been eligible to buy another home in 3-5 years, and 7 at the
most. Problem solved! Instead, this guy just kept on making bad decision after
bad decision and ended up dead!
Please contact me if you are upside down, cannot afford your home, and are
concerned about a deficiency judgment. I will explain your options and the
likelihood of a deficiency.
If I think there is a chance of a deficiency, then I will recommend that you
talk to a bankruptcy attorney. They will explain whether or not you can wipe
out the debt with a bankruptcy.
These are much better options that doing stupid, crazy things like burning your
house down. 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.
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 Would Have Saved This
Guy's Life! is provided as a courtesy to our viewers to help them make informed
decisions.
Columbus OH – Yes, it is legal for one to place
multiple offers on many properties. But, it is also risky. Whenever a short
sale is approved the home seller will accept the buyer to actually buy their
home.
So what happens if two short sales are approved at the same time? They will be
very unhappy when they find out that the buyer is unable to buy their home. The
buyer will probably lose their escrow deposit.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com
In addition, the home seller may decide to sue the buyer and ask the judge to
force them to perform according to the contract. The judge may judge in their
favor with monetary damages.
This is why I don't recommend putting multiple offers on different short sales.
It puts the home sellers at risk of losing their home to foreclosure as a
result of a buyer wasting their time on a short sale.
If you are buying, then make sure the seller's agent is experienced at short
sales and has a good track record of short sale success.
If you are selling, then I would recommend accepting offers from only buyers
that are truly interested in buying your home. Ask them to commit to waiting
for an answer on the short sale.
The short sale process is much simpler when a buyer commits to buy a certain
home if the short sale is approved. They get the home they want and the short
sale only has to be approved one 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 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 Is It Ok For A Buyer To Write Five Contracts On Different
Columbus Short Sale Properties In The Hopes That One Will Get Accepted? is
provided as a courtesy to our viewers to help them make informed decisions.
Columbus OH – A short sale is a good way to stop
worrying about the paying a mortgage you can no longer afford because of a
financial hardship.
Before you begin with a short sale you might want to understand how the
process works, the legal requirements, and how much it will cost you to short
sell.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
The simple and plain answer to this is that a short sale shouldn’t cost you
anything. If it does, then it should be very little. In most cases, there are
no costs or fees required for a short sale.
Most of the costs associated with the procedure of a short sale include the
realtors, title costs, transfer taxes, and attorney fees. Your lender should
understand that you can't afford to pay for these costs.
That is why most lenders will pay any costs involved in the sale on your
behalf. You might be wondering why your lender would be willing to pay all the
expenses. Here is why.
If the reason for your short sale is that you can no longer afford the mortgage
payments, then this means that your lender is already preparing to start
foreclosure proceedings.
They know that they will have to sell your home after a potential foreclosure.
Because of this, lenders encourage short sales. They want to avoid a
foreclosure if possible.
A foreclosure is very expensive for the lender. They have to pay all the
foreclosure costs, including legal fees, taxes, insurance payments , court
costs, etc.
They have to pay to maintain a vacant foreclosed home, pay a realtor to sell
the house, and then sell it for below market value. They view a short sale as a
less expensive alternative.
This is why they are willing to pay all of the costs associated with a
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. 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 Much Does It Cost To Short Sell My Columbus Home? is
provided as a courtesy to our viewers to help them make informed decisions.
Columbus OH – A hardship is definitely an
adversity. Anything that affects you in a negative way is considered to be a
hardship. The only thing is that these hardships have to be explained to your
bank.
Your hardships have to be explained to the bank in a Hardship Letter. As the
name suggests, you have to highlight and explain your hardship matters to the
bank in this letter.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
In some cases, you might also have to attach some documents which will act as
proof for the hardships. If your hardship is not considered to be legitimate
by the bank, then there are possibilities that the bank will decline your short
sale request.
The hardships which are considered legitimate by the lenders can vary according
to different situations. In all situations you can never be sure of the opinion
of the bank about the hardships you have stated.
In most cases, a legitimate hardship should be of monetary importance. This
should show that you are having financial problems that make it hard to pay
mortgage payments regularly.
The Hardship Letter that you write to the bank should very logically explain
why your circumstances have changed and caused you to be unable to pay the loan.
Your bank might usually define a hardship as a situation which gets difficult
for you to endure. There is a long list of hardships which can very easily be
considered as legitimate by the lenders.
Some of these hardships include the following
situations:
* Loss of job which you had held previously at the time when the loan was
issued to you.
* A great decline in your income from a job or another source.
* A borrower losing a tenant.
* There has been an unaffordable adjustment in the mortgage payments.
* Unforeseen and unexpected increase in your living expenses.
* Someone in the family getting seriously ill or injured.
* Illness or injury to someone even in the extended family, where it requires
you to relocate.
* Job relocation when your home is upside down and you have no equity.
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.
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 What Is A Legitimate Hardship For A Columbus Short Sale? is
provided as a courtesy to our viewers to help them make informed decisions.
