Gilbet, Arizona Short Sale

Because the United States economy and housing market in Mesa, AZ are poor right now, there has been an increase for requests to find a short sale specialist to help a home owner avoid foreclosure. The short sale process has to be approved by the bank, but with the help of a short sale specialist, this can often times be done with a discount. Many real estate investors keep close tabs short sale specialist to help them track down discounted properties. Conversely, the home owner needs the short sale specialist to help sell the home. The short sale specialist in Mesa, Arizona is a great help to any homeowner in financial bind.
A short sale is a real estate deal that happens when a home owner facing foreclosure gets approval from the bank to sell their home for less than what is owed on the mortgage. A short sale accomplishes two things. First, it helps the home owner maintain a higher credit score. Second, it keeps the house from getting foreclosed on. It is in the home owner’s best interest to find a short sale specialist.
When the home owner thinks that foreclosure is immanent, he should remember that the bank wants to avoid foreclosure too!
This is precisely why a short sale specialist is needed in this time. The lender and the home owner have the same goal, to sell the home before foreclosure. With the challenges and different rules in the short sale process, a short sale specialist can be a blessing to have on your side.
The benefits of a short sale specialist, are clear throughout the short sale process.
-A short sale specialist will provide guidance when you go to the bank to ask for their approval in selling the home via short sale.
-A short sale specialist understands all of the unique documents and information that needs to be collected and turned over to the lender. These items are different from a regular real estate transaction.
-A short sale specialist will put the house on the market and solicit offers
-A short sale specialist can remove some of your headaches by negotiating with the bank to get your sale price accepted as payment in full.
With the short sale process, the home is usually sold at a discount price. So, the home owner’s mortgage will not be paid of. The bank can either say, “Don’t Worry About It” or they can say “Give Us Our Money” . The short sale specialist can help you get the first response, and forgiveness of your mortgage debt.
Find a short sale specialist in your area today!

For more videos on short sales check out Kevin and Fred on the Short Sale Power Hour. Video for Short Sale Specialists.

Welcome back and thanks for visiting us today on our blog. This entire blog is devoted to the property owner who is exploring the options on what you want to do with your property. Whether you are in a position where you can no longer pay for it or are only no longer want to owe as much as you do against your residence and want to tactically default, this blog is for you. We hope that you find lots of fantastic content here on our blog.

Today we want to focus on a matter that has become awfully important in the last couple months. It deals with your money and the funds that you have in your bank account. There are banks out there that are going into property owner bank accounts and taking money to fulfill deliquencies on their mortgage.

Please understand that the mortgage you took out on your property is secured against your residence and your residence only. The exception to that regulation is with the bank accounts that are with the same lender that has your mortgage. For instance, if you have a checking account with Chase and your mortgage is additionally with Chase, Chase can take money from your checking account to reimburse your mortgage.

We have had many customers approach us regarding this specific topic. If you are taking into consideration a short sale or have missed a payment or two, we would advise that you move your checking account to another lender. Close your accounts with a lender that has your mortgage.

Because of the checking and savings account agreements they have with you, they reserve the right to take money from your account.

Give us a call if you would like more details on this matter or any other matter pertaining to short sales and your options. We have effectively completed more than a few hundred short sales over the previous couple years and we would be grateful for the chance to chat with you today.

If you have questions, get your Short Sale questions answered by Short Sale Specialists.

Watch this and more short sale videos by Kevin and Fred at My First Short Sale

Also, follow Group 46:10 on their blog at Short Sale – Mortgage Short Sale Arizona

Watch Kevin and Fred, Short Sale Specialists, on the Short Sale Power Hour. Video for Short Sale Specialists.

If you’re a property preservation, real estate services, plumbing or foreclosure cleanup company, winterization is a hot service to offer to banks and other lenders who have foreclosed homes. This is especially true right now.

Winterizing More Than a Hundred Homes

According to the October 2008 KAALTV article, Winterizing Foreclosed Homes, in Austin, MN a local plumbing company winterized more than 100 homes, and expected things to get busier as foreclosures continue to escalate.

Why Banks Like for Foreclosed Homes to be Winterized

When a home is foreclosed on, it can sit vacant for months – even over a year in this economy. When a home sits vacant, especially during the winter season, pipes can burst causing water to flood.

Even if the water is turned off, the water that sits in the pipes can cause floods or damaging leaks. And, what follows floods and/or water damage? Mold.

Now imagine this sitting for weeks or months with no one being aware of it.

This is why lenders pay plumbing companies, property preservation companies, real estate services enterprises and/or foreclosure cleanup companies to winterize properties. In the long run, it costs them less money.

If you’re a foreclosure clean up company, winterization is an easy service to offer. And, it can be quite lucrative because it is one of those services that banks don’t hesitate to pay for, unlike some other services.

So, you may be wondering, exactly . . .

What Is Winterization?

Basically, winterization is protecting a home while it is unoccupied for long periods of times. A lot of this has to do with preventing water from entering a home and pipes from bursting. Another equally important component is dealing with the heating and cooling system.

Following are some things that should be done to a home during the winterization process.

Shut Off Water: This should be done at the main valve or at the inlet to the meter. Once the water is shut off, the meter should be capped – preferably by a professional – so that it can’t be turned back on.

Drain Water Heater: Remember, even if the water is turned off, if something happens, water left in pipes or a water heater can still cause flooding.

Drain Pipes: For the same reason as above, this should be done.

Open Faucets: This allows them to drain completely.

Drain Toilets: Be sure to get rid of any excess water left in the tanks; wipe them dry.

Turn Off Heating System: If you have an electric system, make sure it’s turned off at the circuit breaker. This prevents the burning up of heating elements.

Turn Off Gas & Electric: Call your local electric company to make sure this is done.

Check for Faulty Faucets and Broken Pipes: If damage is found, make sure it’s repaired so that when water is turned back on, there are no leaks.

This is by no means an exhaustive list, but it gives you an idea of what goes into winterizing a home.

HUD Payment Guidelines: Home Much Do Banks Pay for Winterizing a Foreclosed Home

If you’re a foreclosure cleaning company and want to offer this service, what you will be paid depends a lot on what HUD pricing guidelines are in many cases. This is because many bank-owned properties fall under HUD.

For example, in the state of Georgia, HUD will pay anywhere from $100 to $460 for winterizing a foreclosed home, depending on the type of heat it has (ie, dry heat, steam heat, wet/radiant heat).

As you can see, this can be a very lucrative service for any foreclosure cleaning company to offer – and it shouldn’t take more than a few hours (or less) for a skilled professional to do.

May be reprinted with the following, in full: Learn everything you need to know about how to price winterization services — and how to price foreclosure cleaning jobs in general — in The Pricing Guide for Foreclosure Cleaning & Real Estate Service Businesses: How to Price Jobs for Profit, which can be found at Start-a-foreclosure-cleanup-business.com.

Article Directory: EzineArticles http://ezinearticles.com

Watch Kevin Kauffman and Fred Weaver of Group 46:10, Short Sale Specialists, on the daily Short Sale Power Hour.

Hello again and welcome to our website. We are Kevin Kauffman and Fred Weaver, Arizona Short Sale agents. Completing more than 300 short sale transactions in the last few years, we are only the most successful short sale agents in the Phoenix locale.

One of the questions that we are asked repeatedly is “what makes us different from other realtors? Do we have links within the lender?” A few years ago, we would not have said that our links within the lender were helpful to us. Nevertheless, we have come to recognize that our links have saved a number of transactions in the last few years. Our relations with people within the lenders have helped us put off foreclosure sale dates and get transactions accepted.

If we need something urgently, we seem to be receiving some preferential treatment. Your short sale isn’t going to automatically be accepted five times quicker than others. Nevertheless, you can rest assured that our group has those critical links and we recognize how to use them.

No matter which lender you are dealing with, Chase, Citi, Wells Fargo, B of A, or any other lender, we’ve worked with each of them. more than 100 banks have worked with us in some way, shape, or form. Each lender operates in a different way. And likewise, each lender has a somewhat different way of managing short sale folders. Nevertheless, with our knowledge closing more than 300 short sales in the last few years, we are prepared for each situation.

We would consider it an honor to talk with you soon. We look forward to helping you make a choice regarding your residence.

If you have questions, get your Short Sale questions answered by Short Sale Specialists.

Watch this and more short sale videos by Kevin and Fred at My First Short Sale

Also, follow Group 46:10 on their blog at Paradise Valley – Short Sale Arizona

The bank short sale is becoming a larger margin of the real estate market in the Phoenix Arizona area. Many real estate owners and home owners alike do not fully understand the bank short sale. Hence, one of the most challenging aspects of utilizing the bank short sale is to find a real estate agent that knows the ins and outs of the bank short sale. Many real estate agents in Tempe, AZ shy away from the bank short sale. The three factors that often keep real estate agents away from the bank short sale are the additional work involved, the lack of patience with potential buyers in a bank short sale, and the added stress of the situation that often leads to a bank short sale. Therefore, finding an agent in Tempe, Arizona that is willing to take on a bank short sale is vital to the process.
Here is an explanation of the three challenges above to give you a deeper understanding of just how unique real estate agents are that take on a bank short sale. First and foremost, the bank short sale is more challenging because often times the bank short sale takes what is normally a negotiation between two parties and makes it a negotiation between four parties, as two negotiators are often added to the mix. In a bank short sale, the seller and the banks involved do not proceed in the manner that one would in a traditional sale. Generally speaking, the home owner that is using the bank short sale process is upside down financially and their only goal is to get rid of the loan. The home owner doesn’t generally care about getting the best price in a bank short sale. However, sometimes the home owner can work against the bank short sale process by not showing the house at all or showing it in a less than stellar condition.
To complicate the process, the negotiators are not the home owners. The must respect certain policies regarding a bank short sale and are sometimes very difficult to contact and even harder to negotiate with. Negotiators often use their power in the situation to maximize the difficulty of the bank short sale. Also, often times the two negotiators fight amongst themselves because when one gains, the other loses. Also, getting in communications with the negotiators often requires that the home owner has an offer from a potential buyer before they will ever start working on completing a bank short sale. Eventually, there must be an agreement reached on a bank short sale between the seller, the buyer, and both banks. All of these negotiator headaches are even more reason to ensure that you find a real estate agent to handle the bank short sale. Their knowledge and value to the bank short sale process is vital to your sanity if nothing else.

Are you facing foreclosure because your mortgage payment is too high? Are you searching for a form of loss mitigation in Phoenix, Arizona that can help you out with this problem?
Dealing with the bank’s loss mitigation department is a very challenging thing to do. With the banks tightening their belts, the process of dealing with loss mitigation has gone from challenging to nearly impossible. Acting quickly in this crucial time of crisis is amazingly important to finding a loss mitigation situation that can work for you.
Loss mitigation can be found with the help of a real estate expert that deals in the short sale of homes. Because of their experience in loss mitigation and helping out people in your situation, they are the best experts to contact when you need to know how to negotiate with your lenders loss mitigation department.
A Short sale specialist in Phoenix, AZ, as a means of loss mitigation, can negotiate with the bank to facilitate a short sale on your behalf. With late fees mounting and a foreclosure notice potentially only weeks away, your loss mitigation needs to be kicked into high gear. The help of a short sale real estate expert can move the loss mitigation process along more smoothly and efficiently on your behalf. Being upside down in your mortgage (upside down refers to the fact that your property’s value is less than the your mortgage loan) is not new to a short sale specialist.
Having dealt with your upside down situation several times before with home owners just like you, a short sale specialist can take you through the steps of dealing with the banks loss mitigation department during the short sale of your home. This is also the reason why loss mitigation departments don’t mind working under the terms that a short sale provides. When they have the opportunity to deal with someone that understands the process from the home owners side, it makes the banks job much easier.
To be perfectly honest, taking a do it yourself approach to this situation should not even be considered. You would perform open heart surgery on yourself, would you? The same notion applies here. Leave the work to the experts.
Take a quick test to see if a short sale specialist can work for you in your loss mitigation needs.
Is your mortgage higher than the value of your home?
Do you want to avoid foreclosure and/or bankruptcy?
Have you missed payments or are you having trouble making payments?
If you answered “YES” to any or all of these questions, it is time for you to get your loss mitigation in high gear by contacting a real estate expert that deals with short sales. There knowledge of the loss mitigation process is keenly essential to your survival in this process.

Hello and welcome to our blog. We are Fred Weaver and Kevin Kauffman, Arizona’s leading short sale realtors. We have closed hundreds of short sales and we would like for you to contact us to find out more.

We wanted to speak to you today concerning what is going on in the short sale industry today. Specifically, can foreclosure sale days be delayed and as a property owner when should you begin working with us in a short sale agreement.

Recently, some of the investors don’t want to defer foreclosure sale days as much as they have in the past. A year ago, if we were chatting, I would have told you that we could get your property on the market and obtain an offer in 60 days allowing your foreclosure sale date to be delayed. To be truly honest, that isn’t occuring any longer.

If you are in a spot where you are 60 or less days from foreclosure, please contact us. We are not saying that your property is going to go to foreclosure. Nonetheless, if you haven’t missed a payment thus far or you are merely a payment or 2 behind, please contact us shortly. The sooner you act, the better off you will be. If we have more time, we have a better likelihood to make a positive result for you.

You should make certain that you are working with a qualified team that has relationships within the bank and can productively close your short sale. The banks do want to help you out, but you have to contact us sooner rather than later.

Thank you for joining us at the moment. Please fill out the form here on our blog so that we can be in contact with you quickly. Have a good day!

If you have questions, get your Short Sale questions answered by Short Sale Specialists.

Watch this and more short sale videos by Kevin and Fred at My First Short Sale

Also, follow Group 46:10 on their blog at Short Sale – Avoid Foreclosure Arizona

Hello and welcome to the Group 4610 website. We are Kevin Kauffman and Fred Weaver, Arizona Short Sale Realtors. We have completed more than a couple hundred short sale deals since 2008. With a greater success rate and more practice than just about any other realtor in the Arizona Short Sale world, we are the best short sale specialists in the district.

We would like to talk about a sensitive issue these days. Should you short sale your home? The strategic default, or as we refer to it, the business decision, is a extremely hot issue recently. You may be a home owner out there that is upside down on his mortgage. For example, you may owe $400,000 on your mortgage, but your home is only valued at $200,000. You may be in a place where you are getting ready to retire or you are preparing to relocate. Maybe you have the capability to pay your mortgage, but you are doing this at the determent to your household. Essentially, you are throwing cash at a bad asset or investment.

We have had lots of people come to us and say ‘What am i doing here? What should i do?’ The short sale, foreclosure, or keep paying the mortgage are all options that home owners are taking into consideration. We will not tell you what you ought to do, but you ought to make the correct choice for you and your household. Lots of people think that they have a moral obligation to make their payments.

While that is a legitimate point, there are a few things in your mortgage contract that give you the justification to stop making payments. Equally, the bank has the right to foreclose or allow a short sale. You have to assess what is most important to you. If that means that you have to walk away from your home with a short sale, you ought to strongly reflect on it.

There are a couple things you ought to always bear in mind. This is a private choice for you. Do not permit anybody to tell you what is right or wrong. Your mortgage is a agreement that has options for you to think about. Look at what your home is worth now. How long will it take you to get your mortgage back to equal? There are consequences to every option that you have. Make contact with us today and we can help you evaluate those consequences.

If you have questions, get your Short Sale questions answered by Short Sale Specialists.

Watch this and more short sale videos by Kevin and Fred at My First Short Sale

Also, follow Group 46:10 on their blog at Phoenix – Short Sale Arizona

Welcome to Group 4610’s website. We are Kevin Kauffman and Fred Weaver, Arizona’s Best Short Sale group. We have closed hundreds of short sales over the past few years. Nevertheless, this video is not about us, it is about you!

One of the regular discussions we have with residence owners is about missing payments. Many of these residence owners are still current on their mortgage payment. Perhaps they have not yet experienced the decline in their earnings or they have not entirely depleted their full savings account thus far. They frequently want to know whether they ought to or ought to not miss payments.

Realize a few things about short sales. It is possible to close a short sale without missing payments. Nevertheless, with the regularity that short sales are being completed, the banks are not even considering a short sale until the residence owner is missing payments. We believe that the banks have made that change since they don’t want the residence owner to take benefit of a short sale and still elude the harmful effects of missing payments. Additionally, it is definitely a way for the banks to keep short sale numbers down. There is not a single bank in the nation that has enough staff to deal with the short sale folders they already have.

We are never going to inform you to make or miss your payment. Nevertheless, we can tell you that the bank will want to witness you miss some payments before they decide to even look at your short sale. Most of our clients are ok with the credit hit and knowing that they can get back into a residence in a few years. We will discuss the decisions that are in front of residence owners in a future episode.

Fill out the form on our website so a member of our group can have a brief consultation with you. Thank you for joining us today. We will chat with you again shortly.

If you have questions, get your Short Sale questions answered by Short Sale Specialists.

Watch this and more short sale videos by Kevin and Fred at My First Short Sale

Also, follow Group 46:10 on their blog at Glendale – Avoid Foreclosure Arizona