Archive for Short Sales

Moorpark Short Sale Specialist-Moorpark Market Updates

By Chris B Johnson Realtor,  Moorpark Short Sale Map-  Thousand Oaks Short Sale Map, Simi Valley Short Sale Map, Moorpark Short Sale Map- Ventura County Short Sale,  If you would like periodic updates on what is going on in Your Neighborhood or the Ventura County Real Estate Market, Click on the 
07/27/2014
Simi Valley Short Sale-HyperLocal Real Estate Market Update   By Chris B Johnson Realtor, Simi Valley Short Sale Map, Thousand Oaks Short Sale Map, Moorpark Short Sale Map- Ventura County Short Sale,   Many Ventura CountyHomes Appreciated by over 16% Last Year. If you’re thinking of selling, you
07/27/2014
Thousand Oaks Short Sale-HyperLocal Market Update By Chris B Johnson Realtor, Thousand Oaks Short Sale Map, Simi Valley Short Sale Map, Moorpark Short Sale Map- Ventura County Short Sale,   Many Ventura County Homes Appreciated by over 16% Last Year. If you’re thinking of selling, yours may have
07/27/2014
  By Chris B Johnson Realtor,  Thousand Oaks Short Sale Map, Simi Valley Short Sale Map, Moorpark Short Sale Map- Ventura County Short Sale, Why Do Over 2/3’s Of All Chapter 13 Bankruptcy’s Fail?  By Robert Weed, Esq. We know a lot–including knowing enough to avoid Chapter 13 unless there’s some
07/26/2014
By Chris B Johnson Realtor,  Thousand Oaks Short Sale Map, Simi Valley Short Sale Map, Moorpark Short Sale Map- Ventura County Short Sale,  Though the housing market is recovering nicely, it is not doing quite as well as some analysts had predicted. There has been no shortage of excuses offered a
07/26/2014
By Chris B Johnson Realtor, Thousand Oaks Short Sale Map, Simi Valley Short Sale Map, Moorpark Short Sale Map- Ventura County Short Sale,  New reports are revealing that the number of months’ inventory of existing homes available for sale is increasing. Some of these sellers are moving up, some a
07/16/2014
By Chris B Johnson Realtor,   Ventura County Short Sale, The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market. The median list price in NEWBURY PARK, CA this week is $851,950. Market conditions have been consistently cooling in 
07/13/2014
By Chris B Johnson Realtor,   Thousand Oaks Short Sale Map, Simi Valley Short Sale Map, Moorpark Short Sale Map-Ventura County Short Sale, The Camarillo Short Sale Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening mar
07/13/2014
Thousand Oaks Real Estate-HyperLocal Short Sale Update   By Chris B Johnson Realtor, Google+. The Thousand Oaks Short Sale Markethas been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If t
07/13/2014
    By Chris B Johnson Realtor, The Simi Valley Short Sale Market seems to have paused around its high point. The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant dema
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Moorpark Loan Mod Help: How To Gain The Upper Hand In Negotiations By Showing Your Lender How Much They Will Lose If They Don’t Approve Your Loan Mod

Your Ventura County Certified Short Sale Specialist. Loan Modification Denied? HARP re-fi denied? Want to avoid foreclosure? THE BEST REALTOR IN VENTURA COUNTY CA,

Loan Modification Denied? HARP re-fi denied? Want to avoid foreclosure?

Moorpark Loan Modification Help – The Big Banks often reject borrower’s loan modifications requests, only to lose more money when they sell the home after foreclosure. Here is how to prove the loss to them.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

When you request your free loan modification guide, you will have the option of also receiving a property valuation. This is called a BPO (short for Broker’s Price Opinion), and it is a real estate agent’s opinion of the value of a property.

Lenders use BPOs to determine a property’s value for short sale processing. Find out what you can pay the lender as a monthly payment. Then, find out the mortgage amount that equals that payment.

For example, $1,200 a month will pay off a $211,346 mortgage over 30 years. $2,000 will pay off a $352,243 mortgage. $3,500 will pay off a $616,426 mortgage. $600 will pay off a $105,673 mortgage.

The lender should approve your loan mod if the payment you propose will pay off a mortgage amount that is more than the property value.

It is in their best interest because it will reduce their losses. In fact, lenders usually only net around 80-85% of a property’s value after foreclosure.

This is why lenders were only willing to lend up to 85% of a property’s value historically. So use this to your advantage. Keep reminding the loan modification negotiator of these facts.

And hold the negotiator accountable if they reject your loan mod and lose even more money as a result. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at cjohnson@prucalhomes.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 805-208-0823

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Ventura County loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Chris B Johnson.

Chris B is a Real Estate Agent at Prudential Califonia Realty.

Phone: 805-208-0823. cjohnson@prucalhomes.com.

Certified HAFA Specialist, Certified Short Sale Specialist

View My homes for sale at www.ChrisBJohnsonRealtor.com.

Chris Johnson specializes in loan modification assistance and short sales in Ventura County California. Ventura County Loan Modification Help, Ventura County short sales. Ventura County Short Sale Realtor Ventura County CA Short Sales. Ventura County Realtor.

Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Chris B Johnson, Prudential Califonia Realty, 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 Chris B’s personal views and do not reflect the views of Prudential California Realty.

This information on Moorpark Loan Mod Help: How To Gain The Upper Hand In Negotiations By Showing Your Lender How Much They Will Lose If They Don’t Approve Your Loan Mod is provided as a courtesy to our viewers to help them make informed decisions.

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Another Reason You Must Hire An Experienced Moorpark Short Sale Realtor

Ventura County CA – The way that most lenders handle short sales is very weird. They have a strange policy of demanding that all home buyers close on their home purchase within 30 days of them approving the short sale.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

The sad truth is that you can only push home buyers so hard. On a traditional sale many people wait 2-6 months for their home to sell. Most buyers agree to close within 30 days.

The biggest reason for a closing delay is because the lenders want more documentation from the buyers. They want to make sure that the buyer is qualified for the loan. It’s part of the lending business.

It sometimes happens to buyers who the lenders had said were “pre-approved.” So the reality is that everyone wants to close within 30 days. But, the party holding up the closing is often the buyer’s lender.

Most agents and home sellers agree to wait until the buyer’s financing comes together. The alternative is to put their home back on the market and wait another 2-6 months for it to sell.

You can beat the buyer over the head and punish them for not closing on time. You can say, “If you don’t close by X date, then I will sue you for your deposit and I will not sell my home to you.”

But, that will not force the buyer’s lender to close any faster. The buyers usually get angry. They will probably hire a lawyer and fight to get their deposit back. Then, they’ll go buy another home.

Most parts of the country have thousands of homes to pick from. They will have an easy time finding another home to buy.

Sure, you may sue them for their deposit. But, the extra time waiting for another buyer usually isn’t worth the aggravation involved. So, why does this matter to you if you are short selling your home?

The bottom line is that new federal lending regulations have caused the lending process to take more like 45-60 days. Some lenders have been able to close within 30 days, but most still take 45-60 days.

As a result, your short sale realtor will probably have to ask for an extension on the short sale approval. Short Sale Lenders don’t like to approve extensions.

They think that if they start allowing 60 days for a short sale to close, then all short sales will close in 60 days. The person at the bank isn’t selling his own home. He still gets paid whether or not the home sells.

They are insulated from the reality of what it is like to actually sell a home. If the sale is delayed you will need a good, experienced short sale realtor to make the case for the lender to extend the short sale approval until the sale closes.

If not, then you will have to cancel the sale, resell the house, re-negotiate the short sale, and go thru the entire process all over again.

Now, do you see why an inexperienced agent would think that short sales are difficult?

The good news is that an experienced short sale agent is usually able to convince the lender to extend the closing until the buyer is able to close. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at cjohnson@prucalhomes.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 805-208-0823

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Ventura County loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this,
Chris B Johnson, Realtor

Chris is a Real Estate Agent at Prudential California Realty.

Phone: 805-208-0823. cjohnson@prucalhomes.com.

Certified HAFA Specialist, Certified Short Sale Specialist, Certified Distressed Property Expert

Which way is the Real Estate Market Headed? Get a Market Snapshot of your neighborhood:
MLS Market Snapshot Has the Market Stabilized

View My homes for sale at www.ChrisBJohnsonRealtor.com.
Get your Free Report for All Your Options HERE: Certified Distressed Property Expert,

Chris B Johnson provides HAFA Loan Modification and short sales help, Short Sales in Moorpark, Short Sales in Thousand Oaks, Short Sales in Westlake Village, Short Sales in Newbury Park, Short Sales in Camarillo, Short Sales in Santa Rosa Valley, Short Sales in Somis, Short Sales in Lake Sherwood, and Short Sales in Simi Valley California. Moorpark Loan Modification Help, Thousand Oaks Loan Modification Help, Westlake Village Loan Modification Help , Newbury Park Loan Modification Help, Camarillo Loan Modification Help, Santa Rosa Valley Loan Modification Help, Somis Loan Modification Help, Lake Sherwood Loan Modification Help, and Simi Valley Loan Modification Help, Moorpark short sales , Thousand Oaks short sales, Westlake Village short sales, Newbury Park short sales , Camarillo short sales, Santa Rosa Valley short sales, Somis short sales, Lake Sherwood short sales, and Simi Valley short sales. Moorpark Short Sale Specialist , Realtor, Moorpark Short Sale Specialist , Realtor, Short Sale Specialist , Realtor, Ventura County CA Short Sales. Stop Foreclosure in Ventura County, Certified HAFA Specialist, Moorpark Short Sale Specialist, Thousand Oaks Short Sale Specialist, Westlake Village Short Sale Specialist , Newbury Park Short Sale Specialist, Camarillo Short Sale Specialist , Simi Valley Short Sale Specialist, Moorpark CA Short Sales, Thousand Oaks CA Short Sales, Westlake Village CA Short Sales, Newbury Park CA Short Sales, Camarillo CA Short Sales, Simi Valley CA Short Sales, Ventura County Foreclosure Help, Moorpark Foreclosure Help, Certified Home Affordable Foreclosure Alternative Specialist, HAFA, HAMP. CA. DRE 10501699.You can find Ventura County Short Sale Specialist, Realtor, at 587 W. Los Angeles Avenue, Moorpark, CA. 93021Chris also specializes in loan modification assistance and short sales in Ventura County California. Ventura County Loan Modification Help, Ventura County Short Sales.
Ventura County Short Sale Specialist, Realtor, Short Sale Specialist, Realtor, Ventura County CA Short Sales. Ventura County Specialist, Realtor, www.theshortsaleguide.com ,
Certified Home Affordable Foreclosure Alternative Specialist . Always check with a good real estate attorney to find out the laws in your state. There are also legal aid non profits that can give you advice on what to do to stop a garnishment or bank account seizure. You should also look at California SB458. With the passage of SB458, the Expanded Anti-Deficiency Law May Have Unintended Consequences on Ventura County Short Sales. So Please read http://venturacountyshortsalerealtor.com/?p=948.

For Disclosure, and more information on Mortgage Assistance Relief Services, please see Code 16 of Federal Regulations (FTC), Part 322, or , http://www.ftc.gov/opa/2010/11/mars.shtm and always consult your CPA, Accountant, Financial Advisor and Attorney before you any financial or legal decisions. Also seehttp://venturacountyshortsalerealtor.com/?p=1066.

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