Find out what trends are occurring in your neighborhood and beyond. Local suburbs like New Albany, Gahanna, Blacklick, Westerville and surrounding areas.
Columbus OH – The right agent can make the
difference between success and failure on your short sale. You risk losing a
lot when your agent doesn’t understand short sales. The short sale can be
denied and the home foreclosed. Then you have to wait five years to buy another
house. Or, the lender may ask you to repay the loss.
Question #1: How many short sales have you listed and sold in the
past 6 months? This is important because you want an agent who
is up to date on all the potential issues. They should understand the short
sale process from start to finish.
Question #2: In the past, what lenders have you negotiated short
sales with? It is helpful when the agent you are interviewing
has already done short sales with your lender. You know that they will already
be familiar with your lender’s policies and procedures.
At a minimum, you should look for an agent with experience with Bank of
America, Wells Fargo, and Chase. These are the most common short sale lenders.
Question #3: What can you tell me about my lender and how they
work? A knowledgeable and experienced agent will usually know
the specifics about your lender. They will be able to tell you what to expect
in the process. They will know upfront if the lender is likely to ask for a
promissory note or deficiency.
Question #4: What is your track record for success and failure on
short sales you have handled in the past? Look at the agent’s
track record. If they are hard working and diligent, then they will have a
strong track record. That is good news for you.
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.
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 2011 SFI Marketing Institute, LLC. All Rights Reserved.
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: Questions to ask before hiring a
short sale agent is provided as a courtesy to our viewers to help them make
informed decisions.
Columbus, OH – Very few people disagree that banks are not
handling the housing crisis properly. Why is it so hard to get a reasonable
loan modification?
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohioshortsaleadvisors.theshortsaleguide.com/
Pollution is defined as the following by Wikipedia: "Pollution can be a
simple example of market failure. If costs of pollution from a factory are not
borne by the factory owner, but instead are borne by the workers or people in
the community, then prices are distorted."
Basically, the factory can pollute at will. Now,
let’s take the same sentence and change it to banks.
"Negligence and incompetence can be a simple example of market failure. If
a $180,000 loss on a single house are not borne by ABC National Bank, but are
borne by Fannie Mae and the American Public, then the decision making process
is distorted."
Over 80% of all loans that major banks have are not owned by the banks. That
could be used to argue that the banks are polluting the economy at will.
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.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495. 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 2011 SFI Marketing Institute, LLC. All Rights Reserved.
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 60 Minutes and The Housing Market – How Does Short Sales in
Columbus Fit In? is provided as a courtesy to our viewers to help them make
informed decisions.
Columbus
OH – I read an interesting book. The author talked about persistence and how it
helps you be successful. He told a story about phoning a call center.
The first person he talked to told him that he couldn't buy something in bulk
for a certain price. Rather than argue with her, he instead hung up and called
back in.
The next person he talked to agreed to sell him the product in bulk for the
price he wanted. He got what he wanted a lot faster and easier
than if he had spent time arguing with the first person.
He gave another example of trying to change his account info with a phone
company. The first person tells him he needs to print and sign a form. Then, he
must have it notarized and mailed to the company. The company will then change the account information. Does he willingly go
along with her? No. Instead, he hung up the phone, called in again, and talked to another rep. In
just a few minutes that rep had changed the information in the computer system.
Goal accomplished.
So what does this have to do with short sales?
We will use this same strategy when we negotiate your short sale. If the first
person won't give us what we want, then we will ask someone else. Now, this
can't be used in all stages of the short sale.
But, it can be used to increase our odds of success. Remember, our goal is to
help you wipe out the upside down debt, get rid of any tax liability, and keep
your credit intact. We might even be able to get you a $3,000
short sale incentive from your lender.
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.
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://columbusohioshortsaleadvisors.theshortsaleguide.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 robin.lemmons@kingthompson.com
A Zest For The Best
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 2011 SFI Marketing Institute, LLC. All Rights Reserved.
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: A technique to make short sales
easier is provided as a courtesy to our viewers to help them make informed
decisions.
Columbus OH – Selling a home is part financial,
part logic, and a lot of emotion. Everyone knows that feeling when you
walk into the home that’s "the one"; you get that breath taking feeling, the
butterflies in the belly and that instant view of your family sitting on that
couch in front of the fireplace on a cool fall evening. Those are all
emotional aspects and selling a home is definitely based upon the emotions of
the buyer.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohioshortsaleadvisors.theshortsaleguide.com/
When you’re selling a home you have to appeal to the emotions of the potential
buyer as well as their financial desires. If your home has absolutely no
furniture in it you may find that the potential buyer spends more time on
trivial things like chipped paint, spots on the carpet and cracks in the
plaster. They notice unmatched patches from where paintings were and the
way the carpet is more worn in one area than in others. These trivial
things are things that, if there were furniture in the home to distract their
attention a bit, they probably wouldn’t even notice; but without furniture they
stand out quickly.
Of course obvious problems like a huge crack down a wall is going to be noticed
with or without furniture; but if you have all of the paintings and decorations
hanging on the walls when they’re looking they’re going to see the style and
accents of the home instead of the outline of where the paintings were.
They won’t be seeing where the walls are faded and thinking "this room
definitely needs painted" and adding it to the check list of work they’ll need
to do to make this their perfect home. If you have a couch and chair
they’re not going to notice where the wearing of the rug may be as it’s pretty
rare buyers will pull furniture out to look under and behind it. Those
small paint chips at the baseboards from typical wear and tear aren’t going to
be as noticeable. They’ll be busy seeing how well you fit in an entire
dining room set along with a large china cabinet and a small accent table into
the dining room, realizing how big it is as opposed to seeing it appear smaller
and wondering if it will fit their entire dining set.
To a buyer looking at an empty room they see "work that needs to be done on the
home" and "uncared for little things" as opposed to when they move into it
seeing the house empty for the first time when they’d call these same issues a
few simple fixes for the "Honey Do List".
A room filled with furniture is much more "homey" and inviting than an empty,
voice echoing house. It’s so much easier to find warm feelings and a
welcoming atmosphere in a house that feels lived in with furniture and some
personal surroundings. Many people actually rent furniture; staging their
home to make it look lived in. Doing this puts more emphasis on the
coziness of the home as opposed to the little imperfections. It’s a
proven fact that a home will sell faster when it feels inviting and lived in,
so it may be worth raiding your family room and doing without a few seats or
renting a few rooms of furniture for a month while you have Open Houses and are
trying to sell your home. You want the potential buyers to easily picture
their family in your home, so making sure your house is staged to look lived
in gives the potential buyers an old fashioned, welcome home feeling the
minute they walk in.
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.
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 2011 SFI Marketing Institute, LLC. All Rights Reserved.
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 Why Isn’t My Vacant Home Selling As Fast As Others in
Columbus is provided as a courtesy to our viewers to help them make informed
decisions.
Columbus OH – Short Sales are a situation that
can often cause emotional turmoil as well as financial. It’s amazing how
quick people are to judge others but times may be changing when it comes to
today’s financial situations. We’re all feeling tough times. We all
have seen local businesses close, people we know losing jobs they’ve had for
years, and seen how the cost of living increases while the income we’re making
doesn’t seem to be keeping the same pace.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohioshortsaleadvisors.theshortsaleguide.com/
Most of us don’t speak “legal-eze” and personally I’m thankful that most of us
also don’t operate like some lenders. It’s hard to understand why a
lender will jump at doing a Short Sale on a home as opposed to working with someone
who’s done everything in their power to make right the situation they’ve ended
up in, being overdue with the lender.
Many lenders somehow find it more logical to do a Short Sale than to work with
the original owner and re-finance or negotiate terms that make it more
reasonable for the owner to make regular payments again. Placing the
overdue amounts at the end of your loan and putting you back on track seems
more logical to you and I than taking a Short Sale. But then again, when
does our logic seem to match the logic of most lenders?
What we have noticed though is that while we are all together in this financial
mess of our economy we also seem to be more sympathetic and understanding about
the situations of others. Friends and neighbors aren’t so quick to judge
those who suddenly have a “Foreclosure” or “Short Sale” sign on their front
lawn. People have become more sympathetic to those in their community who
have been hit hard by hard times. There is no longer a scarlet letter worn
by those who have hit hard times and find themselves having to give up their
home via a Short Sale.
There is no shame in Short Sales. In most
cases the home owners have approached their lender in every possible way, using
every possible means to keep their home. Most lenders turn down every
option other than literally snapping your fingers and coming up with all of the
money owed instantly, no matter what the situation may be. These lenders
should bear all of the shame for creating situations that don’t allow for a
good, honest homeowner to maintain their dream.
A Short Sale is an option that is taken to help keep your
dignity, sell your home, and have a fresh start. Many take
this choice hoping to do less harm to their credit rating. Many times
friends and neighbors will not only understand your situation but will respect
that you’ve remained dignified through a terrible crisis in your life.
Each of us understands that we are almost all only a paycheck away from being
on the streets in today’s economy.
As we work together to make things better, one of the things we notice is that
there truly is a lot less judging and finger pointing going on in life and a
whole lot more understanding and help. The fingers are pointing to the
lenders now instead.
We are here to help you understand and get through making the
choices you need to make regarding a Short Sale of your
home. We have the knowledge and training behind us to make
your transition as smooth as possible. Most of all we will treat you with
respect and help you not only make the experience understandable, but
bearable. We can give you information that will give you hope and show
you that the future may have a better picture ahead and even another home some
day with our help. There is no shame in taking the option of a Short Sale
and we are here to show you.
Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail a 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.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495. robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at http://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 2011 SFI Marketing Institute, LLC. All Rights Reserved.
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 Sale Question: Should I Be Embarrassed by
Doing a Short Sale is provided as a courtesy to our viewers to help them make
informed decisions.
Columbus OH – No matter what the circumstances
are when you’re selling your home, you want to get top dollar for
it. For the potential owner it’s like their birthday, or Christmas,
or Hanukkah. So, why not GIFT WRAP your home for them? As silly as
that seems that’s exactly what you are doing when you are putting your home up
for sale. You are presenting a large gift to the potential owners and one
of the first things to attract their attention is the packaging. You want
them to take their first look and say, “That’s the one I want” even before
they’ve stepped inside your home.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohioshortsaleadvisors.theshortsaleguide.com/
When you’re sitting there at a holiday get together or at a birthday party, the
first package that catches your eye is the package that’s wrapped
perfectly. The one gift that looks well cared for and beautiful on the
outside. From that one look of the outside wrapping of that gift you just
know that whatever is inside has to be something special if the person took
that amount of time in wrapping it so perfectly.
The same goes in the opposite direction also. If someone stops at the
last minute and literally just leaves the gift in the bag from the store they
bought it from and slaps a bow on it, your first thought isn’t “wow that’s got
to be a great gift” but instead you probably barely glance in that
direction. It could be a great gift but the presentation says that the
gift giver didn’t put a whole lot of time, effort and thought into it so
chances are whatever they bought didn’t have a whole lot of thought put in it
either.
Your home is much like that birthday gift or special holiday gift. The
“wrapping” is the outside curb appeal. If someone is driving by and they
see this beautifully wrapped home, one with perfect lighting placed in just the
right spots, clean driveways and sidewalks, trimmed bushes and freshly painted
trim they’re going to take a second look. However, driving by the house
that is just sitting in a plain bag with a bow, trim peeling, overgrown,
untrimmed bushes and landscape with no appealing lighting on to help them see
the entire area is going to cause the potential buyer to literally not even
give the house a second look as they drive by.
The inside of the house could be immaculate and have every amenity imaginable
but because it wasn’t “wrapped” in beautiful gift wrap with a sparkling bow and
attention grabbing beauty, it will either be passed by or if out of desperation
they do look further they’re going to offer a lot less simply based on the
shabby packaging.
So that’s curb appeal. Curb appeal is the beauty a potential buyer sees
from the outside before they ever even begin to approach the inside. Curb
appeal is what makes them say, “We should really take a look at this
one!” You can see how important it is that the curb appeal of your home
be that perfectly wrapped package. Make your house be the package that
jumps out amongst the other gifts. Make those potential buyers drive by
and say “We have to open that package! Anyone who took the time to make it look
so perfect has to have good taste! It can only get better from here!”
That is how important curb appeal is in selling your home. Make your home
shine from the outside in and give them the feeling that with a beautiful bow
and perfectly matched paper, this is the gift they want to open!
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
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495. robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at http://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 2011 SFI Marketing Institute, LLC. All Rights Reserved.
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 Sale Question: The Importance of Curb Appeal
When Selling Your Home is provided as a courtesy to our viewers to help them
make informed decisions.
Columbus OH – The Stop Foreclosure Institute recently received a question from
James. Here is his question.
"I am upside down by $300,000 on my home. I want to move, but I am
concerned about having that $300,000 debt chasing me for the rest of my life. A
friend mentioned I could get it wiped out in bankruptcy.
So, here is my question. Should I short sale and then declare bankruptcy? Or
just declare bankruptcy and get rid of the house in the bankruptcy?
-James."
Here was our answer to James's Question. James,
here is something you don't know. In most short sales, the upside down debt
will be erased.
Yes, the banks will forgive the upside down debt. We recently had a homeowner
short sale a house where their bank lost over $400,000. They received a
complete release on the debt.
The debt was gone and he had no need to declare bankruptcy. Not a bad deal, no?
Here is the good news for you. First, many states
have laws that forbid banks from pursuing you for a deficiency after a short
sale or foreclosure.
Second, most lenders do not pursue borrowers. In fact, they will specifically
release you from the debt. But, every situation is different.
Talk to an experienced short sale realtor in your area to get more specifics.
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://columbusohioshortsaleadvisors.theshortsaleguide.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://columbusohioshortsaleadvisors.theshortsaleguide.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. robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at http://www.rickandrobin.com
Rick and 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 2011 SFI Marketing Institute, LLC. All Rights Reserved.
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 Sale Question: Should I Short Sale Or
Declare Bankruptcy? is provided as a courtesy to our viewers to help them make
informed decisions.
Columbus OH – While most people think of
realtors as a person you turn to only when you’re buying or selling a home;
many don’t realize that a realtor’s expertise in the housing industry can help
you in other ways also. If you are facing possible foreclosure, turning
to a realtor for help may be one of the smartest options to choose.
While realtors can’t give legal advice about handling foreclosures, they can
show you many options that are available to you as both a home owner facing
possible foreclosure and as a possible home buyer if you should have to release
your home to the lender.
1.) The right Columbus realtor will know the area well and be able to guide you
as to how others in your situation in the same area have handled similar
circumstances.
2.) A realtor can explain “Short Sales” to you; which could be an option for
you depending upon your situation.
3.) Your realtor should be able to explain possible options for
re-financing, doing a “short sale”, seeing if a loan
modification is an option or perhaps even a mortgage forbearance. There
may be other possible options available in your area; including any
governmental or non-profit organizations that may be able to help.
4.) Working with one realtor you can trust will not only
establish a friend with useful information, but they will be there after the
foreclosure when you’re going to need to know where to
turn. They will have options available for you from rental
units to get you through this tough spot, to possibly even purchasing a new
home. You may be surprised at the options available. Having someone
experienced in the business will be a plus no matter which direction you go
once you finish the foreclosure process.
5.) Find a realtor in the Columbus area that truly
cares. Yes, we are realtors to make money; it is our job.
But we are also human beings and should remember to work with you while making
you feel as good as possible with the options you may have. Perhaps this
is a dark moment for you and your family but the truth is, if you have a good
realtor you should have a good chance at finding a decent home, either as a
rental or other possible ways of purchasing it. That’s where an experienced
realtor comes in… we know the “other possible ways” out there.
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 mailto: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
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495. mailto:robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at http://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 2011 SFI Marketing Institute, LLC. All Rights Reserved.
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 How Can a Columbus Realtor Help Me When I’m Facing
Foreclosure? is provided as a courtesy to our viewers to help them make
informed decisions.
