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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The Seventh Common Moorpark Short Sale Misconception: Banks Want The Homes To Be Priced Reasonably.

Moorpark CA – I’m writing a series in response to a number of big misconceptions I saw on a personal finance website online.

We are on our final myth from what I saw in an article about short sales on a popular personal finance website. The writer claimed that in order for your home to qualify for a short sale it must be priced “reasonably.”

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

It is obvious that the writer knows very little about short sales. I can tell you from personal experience that the banks don’t care about whether or not the price is “reasonable.”

They order a version of an appraisal before approving a short sale. If the home is selling for the appraised value, then they will approve the short sale. If it is selling for substantially less, then they won’t approve it.

No bank has ever asked me if the price was “reasonable.” They just want to make sure it is selling for fairly close to the appraised value.

I think the point the article write is trying to make is that the home can’t be priced substantially under the fair market value. Some short sales do sell for less than the fair market value.

In fact, some real estate investors have setup entire businesses dedicated to buying short sales under the market value and then reselling them for profit. I don’t condone or condemn such practices.

I condemn the banks that allow it to happen. The banks are the ones with incompetent systems that allow that to happen. I don’t recommend that you short sell your home to a real estate investor.

The short sale is much more likely to fail. The real estate investor is not trying to help you. They only want to buy your home for as low of a price as possible in order to ensure a big profit. 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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