Jeremy Smiley - Realtor and Short Sale Specialist with London Properties
Once your home is listed on the MLS as a Short Sale, you have agreed to let the bank/your lender decide the ultimate “Terms” on which the home will be sold. A Short Sale is unique. Although you are the homeowner according to the note & or deed recorded when you purchased your home…because the… Read More
Top 10 Fresno Seller Short Sale Questions, Answered. Number 10 Q. I can’t make my house payments but I do have an ability to pay back all or part of the negative equity. Also, I want to preserve my credit score…is a short sale right for me? A. Probably not. In cases where the seller… Read More
Source: Elizabeth Weintraub, About.com Guide A reader asks: My husband and I have been making our mortgage payments every month even though our home is underwater. We owe a lot more than our home is worth. Now, my husband has lost his job. We’re thinking about walking away from our home and letting it go to… Read More
Source: 7Online Although some economic indicators hint that the U.S. economy is moving toward a recovery, home values are still suffering from a serious economic hangover. Many home owners are putting off a sale until prices recover. But some owners must sell immediately, even at a loss. Selling a home for less than the debt… Read More
If you want a crystal ball so that you can look into the future…discovering what will happen next in your real estate market…this new report (and video) is it. Bottom line our foreclosure ‘crisis’ is getting worse…much worse. Talking points from the video: * How bad is the foreclosure problem? “Setting new records daily….120% increase… Read More
Wells Fargo Short Sale Approved! – Fresno, CA I got another short sale approved, this property has a first and second mortgage both with Wells Fargo. This short sale was a very interesting one. In my negotiations with Wells Fargo I felt like I was dealing with a bi-polar, split personality, schizophrenic crazy person. ….. Read More
This is great news for Fresno homeowners. I’ve been expecting this for quite a while, and really, it’s just the beginning. Short sales are the best option for homeowners in Fresno right now. It saves your credit from foreclosure and completely eliminates the debt. And the new trend as of late, is getting homeowners who… Read More
Must watch video: Here is the bottom line…according to this professor..not only has the negative social stigma of a foreclosure gone away…but, now doing a strategic default (short sale or foreclosure) is seen as being financially smart… What’s YOUR opinion? Please comment below.
