Tag Archive for Loan Modification Help

Moorpark Short Sale Specialist Market Update #ChrisBJohnsonRealtor

My Market Insider – Update for July 2015    Chris B Johnson, REALTOR®      Your Moorpark Neighborhood Specialists
Dear Moorpark Home Owners,

Local real estate conditions are changing and your Market Insider provides valuable, up-to-date information about the communities important to you. View critical information about what is happening now, so you can be a “Market Insider”!

Market Area: 93021

Listing Price $751,800
Listing Price Trend -0.02%
Sold Price $533,120
Sold Price Trend -1.58%
Just a fraction of what’s happening…
click now to view more local market conditions!
Buying or selling a home involves many factors. Stay on top of current community trends by viewing these listing and sale prices, demographics, school performance, area comparisons, and more. Of course, you can always call or email for help understanding what this information really means for you.
Featured “Insider Tip”
What to Look for When Buying an Older Home

Anyone who has visited San Francisco or Cape May, New Jersey knows how beautiful historic architecture can be. In San Francisco, they’ve even named their stately, restored Victorian homes “Paint…

Learn more about successfully selling or buying a home and check out a whole library of tips and articles to help you!
As always, thank you for your time and feel free to get in touch if you have any questions.

Yours truly,

Chris B. Johnson

ChrisHasYourBuyer.Info                              

Time To Buy #ChrisBJohnsonRealtor     

Moorpark Home Market Trends               Moorpark Condo-TownHome Market Trends

Thousand Oaks Home Market Trends    Thousand Oaks Condo-TownHome Market Trends

Simi Valley Home Market Trends           

Simi Valley Condo-TownHome Market Trends

WestLake Home Market Trends               WestLake Condo-TownHome Market Trends        

Newbury Park Home Market Trends

Economic Update          Home Price Forecast   

Camarillo Home Market Trends                                Camarillo Condo-TownHome Market Trends

Oxnard Home Market Trends   

Oxnard Condo-TownHome Market Trends

Ventura Home Market Trends                  

Ventura Condo-TownHome Market Trends

Santa Paula Home Market Trends           

Fillmore Home Market Trends

Somis Home Market Trends                       Moorpark Market Activity Report-ButterCreek Estates

Moorpark Market Activity-Belmont       

Moorpark Short Sale Report

Thousand Oaks Market Activity Report-CLU             

TO EAST Market Activity Report

Buying a Home This Summer                    

Selling Your Home This Summer

Ventura County Trends                                Ventura County Neighborhood Values  and Reports      

First Time Buyers            

Selling Your Home

Your Equity Is On The Rise!

Should You Sell This Summer?                 

Return Of The Housing Market J

Real Estate Market & Statistical Updates             SEARCH THE MLS FOR HOMES                  

CAR Real Estate Market Forecast 2015  California Economic Forecast        

Luxury Home Specialist                               PluseEconomic Forecast              

Inflation           Good To Know                 

5 Home Improvement Projects That PAY

Chris B Johnson, REALTOR® CDPE, SFR, BPOR, CHS, PSC, CSSN, CDAT

Berkshire Hathaway Homes Services California Realty

CA BRE 10501699

Office phone: 805.208.0823

Email:      cjohnson@BHHSCalHomes.com

ChrisBJohnson@sellventuracountyhomes.com

Website:  http://www.ChrisBJohnsonRealtor.com

www.sellventuracountyhomes.com

http://ChrisBJohnson.housingtrendsenewsletter.com

http://www.linkedin.com/in/chrisbjohnson

http://www.VCNeighborhoodValues.com

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Moorpark Short Sale Specialist Market Update #ChrisBJohnsonRealtor

By Chris B Johnson Realtor,  Short Sale Options, Moorpark Short Sale ,

Thousand Oaks Short SaleSimi Valley Short Sale,  Ventura County Short Sale,

Ventura County Real Estate Market Updates

 Mortgage Rates Just Jumped Over 4%. Now What?

Last week, mortgage interest rates jumped over the 4% mark for the first time this year according to Freddie Mac’s Mortgage Market Survey.

Chris B Johnson, REALTOR®                         Your Moorpark Neighborhood Specialists

Moorpark Home Market Trends               Moorpark Condo-TownHome Market Trends

In an article in Housing Wire, a Bankrate analyst explained:

“Mortgage rates rocketed higher following a stronger than expected monthly employment report. The good news on the job front further solidifies the notion that the Federal Reserve will likely begin raising interest rates soon, perhaps in the third quarter of this year.”

Camarillo Home Market Trends               Camarillo Condo-TownHome Market Trends

Oxnard Home Market Trends                    Oxnard Condo-TownHome Market Trends

Ventura Home Market Trends                   Ventura Condo-TownHome Market Trends

Santa Paula Home Market Trends            Fillmore Home Market Trends

Somis Home Market Trends                       Moorpark Market Activity Report-ButterCreek Estates

Moorpark Market Activity-Belmont        Moorpark Short Sale Report

Ventura County Trends                   Ventura County Neighborhood Values  and Reports

This is the same type of commentary we heard back in the spring of 2013 when the talk of the Fed possibly raising rates caused mortgage interest rates to surge by a full percentage point from the end of April through the end of June of that year.

Will We See that Same Surge in 2015?

No one knows for sure. However, Fannie Mae, Freddie Mac, the Mortgage Bankers Association and the National Association of Realtors are each calling for rates to continue their upswing over the next six quarters.

Here is a chart comparing 2013 to this year:

Mortgage Rate Spike Comparison | Simplifying The Market

Bottom Line

Though no one can definitely say where rates will be six months from now, most experts believe they will be higher. If you are thinking of buying your first home or are considering a move up to the house of your family’s dreams, now may be the best time to do it.

You might also enjoy reading…

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Moorpark Short Sale Market Update #ChrisBJohnsonRealtor

Chris B Johnson, REALTOR®                         Your Moorpark Neighborhood Specialists

Moorpark Home Market Trends               Moorpark Condo-TownHome Market Trends

Moorpark Short Sale Specialist           Moorpark Market Activity Report-ButterCreek Estates

             Moorpark Market Activity-Belmont       

            Real Estate Market & Statistical Updates

     CAR Real Estate Market Forecast 2015 

    California Economic Forecast        

    Luxury Home Specialist        PluseEconomic Forecast              

    Inflation                                    Ventura County Trends

   Good To Know         

Thousand Oaks Home Market Trends   

Thousand Oaks Condo-TownHome Market Trends

Simi Valley Home Market Trends            Simi Valley Condo-TownHome Market Trends

WestLake Home Market Trends               WestLake Condo-TownHome Market Trends

Newbury Park Home Market Trends      Your Equity Is On The Rise!

Camarillo Home Market Trends                Camarillo Condo-TownHome Market Trends

Oxnard Home Market Trends                    Oxnard Condo-TownHome Market Trends

Ventura Home Market Trends                   Ventura Condo-TownHome Market Trends

Santa Paula Home Market Trends            Fillmore Home Market Trends

Somis Home Market Trends      

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Moorpark Short Sale Realtor, Market Updates

  By Chris B Johnson Realtor, Don’t Blow a Fuse: 6 Ways to Remodel with Less Stress ChrisHasYourBuyer.Info    HARP or Conventional Re-Fi Chris B Johnson, REALTOR®.           Your Moorpark Neighborhood Specialists Moorpark Home Market Trends        Moorpark Condo-TownHome Market Trends Thousand O
02/13/2015
New Listing: 12337 Sunnyglen Dr, Moorpark   By Chris B Johnson Realtor,  Moorpark Short Sale , Hi MoorparkShortSale,Check out this new listing that matches your Market Snapshot area: 93021, Residential, 3 beds, 2 baths courtesy of Chris B Johnson , 805.208.0823 12337 Sunnyglen Dr, Moorpark, CA $
02/13/2015
By Chris B Johnson Realtor,  Moorpark Short Sale , by Chris B Johnson Realtor New Listing: 13724 Pinnacle Way, MoorparkChrisHasYourBuyer.Info                               HARP or Conventional Re-FiChris B Johnson, REALTOR®.                       Your Moorpark Neighborhood Specialists   Moorpark
02/13/2015
ChrisHasYourBuyer.Info               by Chris B Johnson Realtor By Chris B Johnson Realtor,  Moorpark Short Sale , Sold: 14079 Atwood Ct, Moorpark Hi MoorparkShortSale,Here’s a sold listing that matches your area: 93021, Residential, 3 beds, 2 baths courtesy of Chris B Johnson , 805.208.0823 140
By Chris B Johnson Realtorby Chris B Johnson Realtor Don’t Miss a Homeownership Tax Break: Get Our Guide   By Chris B Johnson Realtor,  Moorpark Short Sale ,  Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale Ventura County Short Sale,   9 Tax Mistakes You Can Easily Avoid Do
02/10/2015
ChrisHasYourBuyer.Infoby Chris B Johnson Realtor ChrisHasYourBuyer.Info                               HARP or Conventional Re-Fi   Chris B Johnson, REALTOR®.                       Your Moorpark Neighborhood Specialists Moorpark Home Market Trends               Moorpark Condo-TownHome Market Tren
02/10/2015
By Chris B Johnson Realtorby Chris B Johnson Realtor Chris B Johnson, REALTOR®.                       Your Moorpark Neighborhood Specialists   Moorpark Home Market Trends               Moorpark Condo-TownHome Market Trends Price Changed: 12378 Cherry Grove St, Moorpark Hi MoorparkShortSale,This 
02/10/2015
 By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale Ventura County Short Sale,   View Photos 186 HIGH MEADOW Street Simi Valley, CA 93065 $1,259,900 5 bds 4 ba 4127 sq ft Status: Active Listing #: 215001468 Welcome to one of t
02/09/2015
By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale Ventura County Short Sale,  Fannie Mae has renewed its commitment to responsibly help  lenders extend affordable mortgage financing to qualified  homebuyers. Fannie Mae offers
02/09/2015
Feb 2 Moorpark Luxury Home Specialist, How To Sell Your Home For More Money… With Fewer Showings #ChrisBJohnsonRealtor By Chris B Johnson Realtor   Here’s what I will help you determine in your free guide… The most common mistake that novice home sellers make…  and how to avoid making it when se
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Moorpark Short Sale Market Update & Fear of Low Down Payments Mostly Unwarranted

Moorpark Real Estate Market Update        Thousand Oaks Market Update

Westlake Village Real Estate Market Update      Camarillo Market Update  

Oxnard Real Estate Market Update  

Chris B Johnson, REALTOR®.  Your Moorpark Neighborhood Specialists

Fear of Low Down Payments Mostly Unwarranted | Simplifying The Market

After it was announced that Fannie Mae and Freddie Mac would again make available mortgage loans requiring as little as a 3% down payment, many people showed concern. Were we going back to the lower qualifying standards of a decade ago that caused the housing market crash? Won’t lower down payments dramatically increase the default rates? Will we again be faced with an avalanche of short sales and foreclosures?

The simple answer is – NO. Let’s look at the data.

While it was happening (2011)

Back in 2011, as we were just recovering from the worst of the Great Recession, many organizations were looking for the cause of the massive default rate on mortgages.

The National Association of Realtors (NAR), the Center for Responsible Lending (CRL), theMortgage Bankers Association (MBA), the National Association of Home Builders (NAHB), theCommunity Banking Mortgage Project and the Mortgage Insurance Companies of America (MICA) issued a white paper on the subject titled: Proposed QRM Harms Creditworthy Borrowers and Housing Recovery.

Let’s look what the report says:

“In the midst of a very fragile housing recovery, the government is throwing a devastating, unnecessary and very expensive wrench into the American dream. First time homebuyers will have to choose between higher rates today or a 9-14 year delay while they save up the necessary down payment…

High down payment and equity requirements will not have a meaningful impact on default rates. But they will require millions of consumers, who are at low risk of default, to either put off buying a home or pay unnecessarily high rates. The government is penalizing responsible consumers, making homeownership more expensive or simply out of reach for millions. We urge regulators to develop a final rule that encourages good lending and borrowing without punishing credit-worthy consumers.”

The report actually studied the impact a higher down payment would have had on the default rates of loans written from 2002 through 2008. The report states:

“…moving from a 5 percent to a 10 percent down payment on loans that already meet strong underwriting and product standards reduces the default experience by an average of only two- or three-tenths of one percent… Increasing the minimum down payment even further to 20 percent… (creates)  small improvement in default performance of about eight-tenths of one percent on average.”

Today  (2014)

Just last week, the Urban Institute reveled data showing what impact substantially lower down payments would have on default rates in today’s mortgage environment. Their study revealed:

“Of loans that originated in 2011 with a down payment between 3-5 percent, only 0.4 percent of borrowers have defaulted. For loans with slightly larger down payments—between 5-10 percent—the default rate was exactly the same. The story is similar for loans made in 2012, with 0.2 percent in the 3-5 percent down-payment group defaulting, versus 0.1 percent of loans in the 5-10 percent down-payment group.”

Bottom Line

We believe that the Institute concluded their report perfectly:

“Those who have criticized low-down payment lending as excessively risky should know that if the past is a guide, only a narrow group of borrowers will receive these loans, and the overall impact on default rates is likely to be negligible. This low down payment lending was never more than 3.5 percent of the Fannie Mae book of business, and in recent years, had been even less. If executed carefully, this constitutes a small step forward in opening the credit box—one that safely, but only incrementally, expands the pool of who can qualify for a mortgage.”

Berkshire Hathaway Home Services
Your home is probably the biggest asset that you own. That is why you need to choose a partner, who is working for YOU to get the job done correctly, the first time. One who is concerned about Quality, not Quantity.
(805) 208-0823
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Moorpark Short Sales-What’s for sale in Moorpark??

Moorpark Short Sale Specialist 805.208.0823By Chris B Johnson Realtor,Moorpark Short Sale ,

Thousand Oaks Short Sale,

Simi Valley Short Sale, Moorpark Short Sale ,

Ventura County Short Sale,

Wednesday’s Listing Updates from Chris B. Johnson
Below you will find some listings that you may be interested in. If you like anything you see, don’t hesitate to email or call with your questions.

Chris B Johnson, REALTOR® CDPE, SFR, BPOR, CHS, PSC, CSSN, CDAT

Berkshire Hathaway Homes Services California Realty

CA BRE 10501699

Office phone: 805.208.0823

Email:      cjohnson@BHHSCalHomes.com

ChrisBJohnson@sellventuracountyhomes.com

Website:  http://www.ChrisBJohnsonRealtor.com

www.sellventuracountyhomes.com

http://ChrisBJohnson.housingtrendsenewsletter.com

http://www.linkedin.com/in/chrisbjohnson

http://www.VCNeighborhoodValues.com

 
13624 SILVER OAK Lane Moorpark, CA

4 beds/3 baths

2996 Sq. Ft.

$774,900

ID #214028190 – Chris B. Johnson at Berkshire Hathaway Home Services California Realty.

More Photos
13961 BLACK ROCK CIRCLE Moorpark, CA

4 beds/4 baths

2607 Sq. Ft.

$777,990

ID #14780841 – Chris B. Johnson at Berkshire Hathaway Home Services California Realty.

More Photos
Moorpark, CA

4 beds/3 baths

2060 Sq. Ft.

$824,900

ID #214031368 – Chris B. Johnson at Berkshire Hathaway Home Services California Realty.

More Photos
7816 GRIMES CANYON Road Moorpark, CA

5 beds/4 baths

2915 Sq. Ft.

$1,650,000

ID #214032382 – Chris B. Johnson at Berkshire Hathaway Home Services California Realty.

 

Featured picture for the property 214032291 View Photos

4632 PEPPER MILL Street

Moorpark, CA 93021

$698,500

  • 4
  • 3
  • 2533
  • Active
  • 214032291
First time on the market in over 30 years. This highly upgraded Buttercreek 4 + 2.5 property is located on a large corner lot and has updated texture …
  • 4050 WEEPING WILLOW Drive

    Moorpark, CA 93021

    $678,000

    • 4
    • 3
    • 2186
    • Active
    • 214032326
    Beautifully Landscaped Steeple Hill Home offering Privacy, an Entertainer’s Backyard and NO HOA’S!! Resort Style Pool, Built in BBQ, gas Fire pit, Vie…
  • 11291 TERRACERIDGE Road

    Moorpark, CA 93021

    $659,000

    • 4
    • 3
    • 2096
    • Active
    • 214032316
    Wonderful executive pool home on prime private view lot in Mountain Meadows. 3 BR plus Den/Office/Art Studio. Formal living room with fireplace and d…
     
  • 4049 WEEPING WILLOW Drive

    Moorpark, CA 93021

    $649,900

    • 4
    • 3
    • 2186
    • Active
    • 214032113
    Rare, spacious single story home with open floor plan and NO HOA DUES. Large eat-in kitchen, large adjacent family room, living room with fireplace, …
  • 337 SHASTA Avenue

    Moorpark, CA 93021

    $525,000

    • 5
    • 3
    • 2246
    • Active
    • 214032209
    Fabulous Moorpark House. A Very Large and Well Maintained Family Home With Added On Separate Quarters With Private Entrance With Kitchenette, Living R…
  • 4485 SUGAR MAPLE Court

    Moorpark, CA 93021

    $515,000

    • 3
    • 2
    • 1481
    • Active
    • 214032193
    Private Nature Lover’s Sanctuary, single story, cul-de-sac location. This is a wonderful First Time Homebuyers Home. This property boasts an open fl…

     CARETS
  • 6843 SPERRYVILLE Lane

    Moorpark, CA 93021

    $515,000

    • 3
    • 3
    • 1816
    • Active
    • 314031360
    Located on a quiet street in the exclusive Waverly place community is this two story 3 bedroom, 2 1/4 bath home. The floor plan flows seamlessly betw…

     CARETS
     
  • 13004 East MESA VERDE Drive

    Moorpark, CA 93021

    $505,000

    • 3
    • 2
    • 1439
    • Active
    • 214032101
    Desirable Parkview Estates home! Enter into a private gated courtyard to see this 3 bedroom, single-story, open floor plan with vaulted ceiling throu…

    Berkshire Hathaway HomeServices California Properties
    CARETS
    2014-09-14 1pm-4pm
  • 6851 SPERRYVILLE Lane

    Moorpark, CA 93021

    $465,000

    • 3
    • 3
    • 1432
    • Active
    • 214032423
    Located in the Waverly Place community of the Moorpark Highlands. This town home backs up to open space providing more privacy and sunlight. Back yard…
    Listing
More Photos

Looking for help? I can help you get your Single Point Of Contact, obtain a Loan Modification or 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 Moorpark loan modification kit has the instructions you will need to get a loan modification approved with your bank.
Click here to request a copy.

This message was sent on behalf of Chris B. Johnson at Berkshire Hathaway Home Services California Realty. Some of the information in this email is copyrighted by the local Multiple Listing Service.

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Step 3 To Fix Your Credit After A Moorpark Short Sale: Rank Items In Order Of Importance

Get your Free Report for All Your Options HERE: http://hosted.cdpe.com/175202/">Certified Distressed Property Expert

Your BEST CHOICE FOR A REALTOR IN VENTURA COUNTY CA, Ventura County Certified Short Sale Specialist, Ventura County Short Sale Help, Certified Short Sale Negotiator, Stop Foreclosure Institute of Ventura County, Your Top Listing Realtor with Prudential California Realty, Moorpark, http://bit.ly/14WW3B0

Moorpark CA – The next step in going over your credit reports is to really rank the items being reported about you to find ones that are the most negative. Rank the negative items with the MOST negative ones given the lowest ranking.

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

You want to rank the ones that will cause the most damage to your credit score.

Here are the most damaging items (in order of damage amount): bankruptcy; foreclosure; repossession; loan default; court judgment; accounts in collections; payments that are past due; payments that are late; being denied credit; inquiries to open new credit.

One thing to note about disputing things on your credit report – items like court judgments and foreclosures and child support arrears are verified by a different system, and are rarely if ever disputable.

Here is one of the best suggestions that I have seen work well. Take a Sharpie pen, and mark on the unused copy of your report.

Circle the items you are disputing and write a SHORT note about why you are disputing that item – for example “Not my account” or “Not Late.”

I am not advising you to lie or make misleading statements when you write to the credit reporting company. However, I will tell you that if someone is reporting something about you, they should be able to prove that what they are saying is the truth.

The credit bureaus are required to check out and investigate all the disputes they get that are deemed to not be “frivolous or irrelevant.”

What that means is that you need to not dispute every single item on your report right now, and you need to be taken seriously.

This means DO NOT use the dispute form that they sent with your credit report. They see those forms as “frivolous” 9 out of 10 times.

DO NOT use their online dispute center – the credit bureaus don’t take those seriously because they think you can’t be too serious if you just click-click-clicked away to dispute it. 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 Califonia Realty.

This information on Step 3 To Fix Your Credit After A Ventura County Short Sale: Rank Items In Order Of Importance is provided as a courtesy to our viewers to help them make informed decisions.

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Step 7 To Fix Your Credit After A Moorpark Short Sale: The Waiting Period

boredMoorpark CA – The next step in the process of getting a cleaned up credit report, is the one that takes the least effort, but the most patience: WAITING.

You’ve done your part to get the ball rolling, and now the credit reporting companies have to do their part.

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

What happens during this phase is that the credit reporting agencies have 30 days to investigate.

I use the term loosely here because the methodology that they use is not very investigatory. They take the claims and whittle the dispute down to a 2 digit code that gets checked against a reporting database called eOscar for verification.

They are afforded 30 days to do this step, unless the person disputing has gotten their credit report from annualcreditreport.com which allows them to take 45 days to check out your dispute (remember back in an earlier step where this was discussed – this isn’t the site to get your credit from!.)

While you wait, remember that whatever your credit score was before you began this process, you should be doing things now to improve it.

What I mean by this is that while waiting for the history part of your credit report to be cleaned up, you work on the future of the credit report. Take action now to build a better situation.

First, keep your report clean from this moment forward. Don’t tarnish it beginning now. Do not have a single late payment – pay your bills on time.

I know, it’s easier said than done, but it will be important in your future that you did this today. Don’t have any new collection accounts or charge offs.

Don’t, REALLY don’t, get new inquiries on your credit report – this means don’t open any new credit cards, store charge cards. No applying for everything that sounds like a good idea.

Don’t close any open credit cards. Pay off the credit card – yes, but close out the account – no. Keep this length of history long on your report.

And, just wait. The 30 days for the credit bureau investigation will fly by. Once their 30 days is up, they have 5 additional days to provide you with their findings.

If anything in their investigation was not verifiable, that item is required to be removed from your credit report. They will also send you an updated credit report.

So, watch for their letter to you in your mailbox after you complete the WAITING step. 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 Califonia Realty.

This information on Step 7 To Fix Your Credit After A Ventura County Short Sale: The Waiting Period is provided as a courtesy to our viewers to help them make informed decisions.

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How To Contact Congress About Your Moorpark Short Sale Or Loan Mod Taking Too Long To Be Approved

Choose Moorpark’s Top Listing Realtor with Prudential California Realty. Chris is Moorpark’s Short Sale Certified Distressed Property Expert With a full time staff dedicated to Moorpark Short Sale Negotiations. THE BEST REALTOR SERVING MOORPARK CA http://bit.ly/14WW3B0

Chris B. Johnson Realtor is real estate professional who Specializing in Short Sale and REO Transactions. Chris has been Certified as a California Association of Realtors HAFA Specialist, a National Association of Realtors Short Sale and Foreclosure Resource, Chris B Johnson Realtor is a Certified Distressed Property Expert, Certified Short Sale Negotiator and Certified Pre-Foreclosure Specialist.

Moorpark Short Sale HELP!! – A lot of people think that it is normal to wait 6-8 months for an answer on a short sale or loan modification.

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

Bank of America, Chase, and several other lenders need to improve their response times. But, they won’t do it without some prodding.

They have the resources available to make the changes. Bank of America, Wells Fargo, JP Morgan Chase, and Citigroup are all currently profitable.

We can get them to improve their process and response times on loan modifications and short sales. It will take a lot of pressure and lobbying. So, help us out here.

Here is the link to get all the fax numbers for congress. Frustrated about your loan mod? Aggravated with your short sale? Send everyone in congress a fax about it. 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’s personal views and do not reflect the views of Prudential California Realty.

This information on How To Contact Congress About Your Ventura County Short Sale Or Loan Mod Taking Too Long To Be Approved is provided as a courtesy to our viewers to help them make informed decisions.

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Are You Working On A Moorpark Loan Modification? Here Is A Mistake You Need To AVOID!

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,If you’re trying to get a Moorpark Loan Modification, you have think like a banker. How you present your finances is the key to success.

You’ve got to show them an income that’s not too high and not too low. If you show them too low an income, they’re going to say “Oh, this guy can’t afford his house payment.

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

If we reduce his payment to $800, he won’t even be able to afford it anyway so what’s the point in reducing it? Before, he thought he could pay $1,200 a month. He can’t even pay the $800 a month that’s he’s asking for today. He’s not making enough money, based on our ratios, to be able to afford it.”

Here’s what happens if your income is too high. Let’s say your payment is only $1,000 a month and you’re making $4,000, $5,000, or $6,000 a month. They will say “What’s up with this? This guy’s making a ton of money. Why are we going to reduce his payment?”

So you’ve got to make sure your income and your budget is in that middle range. Look at your recent income history.

Maybe you can pull the most recent month. If it shows the right numbers use it. Or, pull from a longer period, such as the last three months or the last six months worth of income.

You want to be able to demonstrate that you’re making enough money to afford that payment, but not making so much money that they will charge you more. 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 Califonia Realty.

This information on Avoid This Mistake When Negotiating A Ventura County Loan Modification is provided as a courtesy to our viewers to help them make informed decisions.

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