Tag Archive for Stop Foreclosure Moorpark CA

Moorpark Home Values and Pricing Trends #ChrisBJohnsonRealtor

Chris B Johnson, REALTOR®     Featured Listing   Time To Buy #ChrisBJohnsonRealtor

Moorpark Market Insider-What Is Selling and Why!

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What Is For Sale In Moorpark #ChrisBJohnsonRealtor

Chris B Johnson, REALTOR®                         Your Moorpark Neighborhood Specialists

ChrisHasYourBuyer.Info                               Time To Buy #ChrisBJohnsonRealtor     

Moorpark Home Market Trends               Moorpark Condo-TownHome Market Trends

  • 3185 CANOPY Drive

    Camarillo, CA 93021

    $925,000

    • 5 
    • 5 
    • 4169 
    •  Active
    •  215012643
    Gorgeous home w/spectacular floor plan, includes family room w/fireplace, formal dining room, gourmet kitchen w/granite counter tops, huge center isla…
    Listing courtesy of Chris B Johnson, REALTOR®
  • 13608 SHENANDOAH Way

    Moorpark, CA 93021

    $834,900

    • 5 
    • 3 
    • 3114 
    •  Active
    •  215012281
    Welcome home and move right in to this highly desired Shenandoah, single story model, within the gated community of Moorpark Highlands.This home has a…
    Listing courtesy of Chris B Johnson, REALTOR®
  • 15546 MALLORY Court

    Moorpark, CA 93021

    $689,950

    • 4 
    • 3 
    • 2379 
    •  Active
    •  SR15183087
    This Beautiful Campus Hills Estates Home has been meticulously cared for by original owner & move in ready. The many upgrades start with custom painti…
    Listing courtesy of Chris B Johnson, REALTOR®
  • 13769 CHRISTIAN BARRETT Drive

    Moorpark, CA 93021

    $679,000

    • 4 
    • 3 
    • 2694 
    •  Active
    •  215012605
    Welcome home to this wonderful Steeple Hill floor plan perfect for everyone. This 4 bedroom, 3 bathroom home has almost 2700 square feet of interior …
    Listing courtesy of Chris B Johnson, REALTOR®
  • 4273 LAURELHURST Road

    Moorpark, CA 93021

    $669,000

    • 4 
    • 3 
    • 1927 
    •  Active
    •  215012659
    Great one story,in the Marlbobough Country Tract with added master bedroom and bath that has cathedral ceilings and separate entrance. New kitchen cab…
    Listing courtesy of Chris B Johnson, REALTOR®
  • 11607 East BUTTERCREEK Road

    Moorpark, CA 93021

    $639,900

    • 4 
    • 3 
    • 2643 
    •  Back Up Offer
    •  215012429
    Moorpark’s Finest !! This stunning 4 bed 3 bath butter creek home has it all! As you enter the home you are greeted by beautiful tile flooring, vaul…
    Listing courtesy of Chris B Johnson, REALTOR®
  • 3906 LUCIA Court

    Moorpark, CA 93021

    $510,000

    • 3 
    • 3 
    • 1560 
    •  Active
    •  215012607
    This Wonderful, Move-in Ready Home is located in the desirable Mira Bella Community of Moorpark. It has an open floor plan with Tile flooring througho…
    Listing courtesy of Chris B Johnson, REALTOR®
  • 6543 WESTWOOD Street

    Moorpark, CA 93021

    $479,000

    • 4 
    • 2 
    • 1431 
    •  Active
    •  215012765
    Campus Park West – This delightful 4 bedroom, 2 bath single story home is priced to sell! Located in a great neighborhood with over 1,400 sq. ft. of l…
    Listing courtesy of Chris B Johnson, REALTOR®
  • $475,000

    • 3 
    • 2 
    • 1274 
    •  Active
    •  215012481
    Cozy family home located in a great neighborhood in Moorpark. True Pride of Ownership! Close to schools, parks, skate park and shopping. Features incl…
    Listing courtesy of Chris B Johnson, REALTOR®
  • 6575 E WESTWOOD Street

    Moorpark, CA 93021

    $470,000

    • 4 
    • 2 
    • 1431 
    •  Active
    •  215012450
    Charming 4+2 home located in a great neighborhood with over 1,400 sq-ft of living space, beautiful views from the backyard, nice size kitchen, cozy li…
    Listing courtesy of Chris B Johnson, REALTOR®
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Moorpark Short Sale Market Update

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,

Many Ventura County Homes Appreciated by over 16% Last Year.  If you’re thinking of selling, yours may have now have enough equity to sell without being “Short”.

Pricing your home correctly the FIRST TIME is more important than ever!

If you want an accurate idea of what your home is worth Click Here:

You may now have enough EQUITY in your home to sell WITHOUT

having to be “short”. If you are thinking about a short saleI can help

you get an accurate value for your home and get back on your feet.

If you would like periodic updates on what is going on in

Your Neighborhoodor the Ventura County Real Estate Market, Click on the Links!

Moorpark Market Trends-SFH 10-13-2014

Thanks for reading this,

 

Chris B Johnson.

Chris B Johnson is a Realtor with Berkshire Hathaway HomeServices .

Phone: 805-208-0823.

email cjohnson@BHHScalhomes.com.

Certified HAFA Specialist   Certified Distressed Property Expert   Certified Short Sale Negotiator  

You Need A Professional When Buying A Home

Finding The Right Solution                                               How To Do A Short Sale

How To Write A Hardship Letter                            Loan Modification Kit

Short Sale VS Foreclosure                                    Loan Mod-Active Status Review

Is It Too Late For A Short Sale?                             The Truth About Loan Modification Approvals

Thousand Oaks Market Update                            Simi Valley Short Sale Trends

Moorpark Market Update                                        Moorpark Market Trends

Ventura County Mortgage Forgiveness              Ventura County Buyers vs Sellers

Are We Still UnderWater?                                      Which Way Is This Market Headed?

Simi Valley-Price To Sell??                                   Thousand Oaks Deficiency Judgment

Moorpark Short Sale-HyperLocal                          Thousand Oaks Short Sale-HyperLocal

Simi Valley Short Sale-HyperLocal                      Buy VS Rent    &    Buying Beats Renting

Single Point Of Contact = Success?                    Ventura County Short Sale Market Trends

Is Residential Real Estate Really a ‘Crapshoot’?      Why Do Over 2/3’s Of All Chapter 13 Bankruptcy’s Fail? 

The Return Of The Housing Market

Home Affordable Foreclosure Alternatives (HAFA)

Home Affordable Modification Program (HAMP)
Home Affordable Refinance Program (HARP)

Second Lien Modification Program (2MP)

 

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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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Moorpark Short Sale Update-Where is this Market Headed??

Moorpark Short Sale Realtor 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,

Your Market Data for:

Ventura County

September 2014
Your real estate information source.

Welcome to the latest issue of my newsletter!

As a real estate professional, I strive to keep in touch with my clients and provide them with information that I hope they will find useful. This newsletter is an opportunity to let you know about the state of the market and current trends. It may even touch on ways that you could enhance your home’s value. I hope the market data and articles will help you with understanding real estate today and help you with your real estate decisions. If you have any questions, please do not hesitate to contact me.

Chris B Johnson

Trends, Tips & Tricks

Ventura County Real Estate Sales Data

Average Listing Price (last 12 months)

AVERAGE LIST PRICE IN AUGUST

Single Family Homes $1,097,514 Condos/Townhomes $381,377 Multi-family Homes $1,237,241

Home Improvements and Which Ones to Do

Whether you plan to sell in the near future, or just want to improve the value of your home, here is one low cost improvement you should consider.
Light Up Your Life. Lighting can dramatically affect your mood, so brighten things up! Breezy window coverings allow you to control how much natural lighting you’d like to let in. A strategically placed table lamp or a dramatic chandelier can add character, while making your rooms appear larger and more open. Replace old bathroom or kitchen lights that give your home a dated feel.

Ventura County Real Estate Sales Data

Days on Market (last 12 months)

CURRENT AVERAGE DAYS ON MARKET IN AUGUST

Single Family Homes 188 Condos/Townhomes 170 Multi-family Homes 199

An Easy Furniture Fix – Without Calling an Expert

Revive your wicker

Wicker furniture can be a challenge to clean. But that’s no reason to pay a professional. Here are some insider tips:
1. Use a vacuum cleaner with a brush attachment to lift dust, dirt and lint from within the woven reeds.
2. Wipe wicker with a clean cloth moistened with paint thinner (first try a little thinner on an inconspicuous spot to make sure it does not harm the finish). For stubborn stains, lightly rub with a green pot scrubber moistened with paint thinner.
3. To bring up the sheen on wicker, apply furniture wax with a clean cloth.

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This Is How A Moorpark Short Sale Can Help You And Your Neighbors Avoid Negative Side Effects Of A Foreclosure

http://venturacountyshortsalespecialist.comThe Ventura County Short Sale Specialist recently received a question from Isabel. “I am behind on my payments and thinking of just letting my home go into foreclosure. What does that do to the neighborhood?” she asked.

 

Here is our answer to his question. It does hurt the neighborhood. But, it also hurts you.

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

 

Most banks do not do a good job and processing and handling foreclosures. They take 12-18 months to foreclosure on a house and then sell it.

 

In the meantime they do little to maintain the home. I estimate that half of all the properties I have seen in foreclosure have never even been checked on by the lender.

 

It has gotten so bad that one homeowner even started up a website to report on these banks. The website is called Lender Offender. Check it out here: www.LenderOffender.com.

 

In my opinion these banks are not being responsible with these properties. The biggest problem is that Uncle Sam usually takes the fall for any loss.

 

Uncle Sam does this by guaranteeing them against loss on many mortgages. Or in other cases, Uncle Sam has already bought the defaulted loan from the bank.

 

The homes eventually sell for a discount after the foreclosure. No home buyer is going to pay market value for a home that needs repairs!

 

This gives the banks little incentive to check on these properties. Fortunately you can help. Stay in your home until it sells. Keep it looking good and everything in good order.

 

Then, put it up for sale as a short sale. That will help protect the property values in your neighborhood. 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 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.

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

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.

 

To Read More: Click here.

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Moorpark Short Sale Question: Renters Trashed My House. What Should I Do?

The Best Short Sale Agent in Ventura County, CA, The Best Short Sale Realtor in Ventura County, CA, The Best Certified Short Sale Specialist in Ventura County , CAWe decided to rent it out our home rather than short sale it. The renters just moved out. I just checked the house. They trashed it!

I could rent the house out again, but I would have to spend several thousand dollars fixing it up first. What would you recommend that I do?” Richard asked.

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

Here was our recommendation. That is a tough situation. You could fix up the house and rent it out again. But, you risk having the same thing happen all over again.

Here is the other problem. The amount you can charge for rent has gone down in most areas. This means you will probably have to write a check every month.

If you are able to rent it and cover all the costs, then I would recommend you keep the home. If not, then I would recommend you short sell it.

Here is why I recommend that. If you can break even, then the house will be a good investment as the real estate market recovers.

However, you will always risk large unexpected costs like the one you are experiencing right now. If it the rent does not cover all the costs, then more than likely you are in an area where the housing prices are still dropping.

This means the burden will only get bigger as time progresses. Costs will keep on going up. Rent might drop even more. The housing market could decline even further.

It would be better to just get rid of the liability now, once and for all. 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 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. 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 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.

To Read More: Click here.

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I Need to Sell My Home, So Why Won’t My Realtor Discuss A Moorpark Short Sale?

Moorpark Short Sale Help, Certified HAFA Specialist, Certified Distressed Property Expert and Certified Pre-Foreclosure Specialist.Moorpark CA – We recieved a call out of the “blue” from Jennifer, she is having a hard time selling her home.

“I have had my house for sale for a little while, but it hasn’t sold. No buyers have come to look at it. At first I thought the price was fair.

But, now that no one has come to see the home, I am beginning to realize that I am upside down. My realtor hasn’t talked to me about a short sale. What should I do?” Jennifer asked.

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

Here is what we recommended to her. First, talk to your current agent about a short sale. The might be uncomfortable with bringing it up.

Short sales are a sensitive issue. Some people get offended when you ask them about a short sale. It doesn’t look like that is the case with you.

Tell your agent that you think you might be upside down. Ask them what they think they can realistically sell the house for in today’s market.

Then, ask them for a “Net Sheet.” This is a sheet that details all of the costs and fees associated with selling a home.

The fees and costs are subtracted from the sales price to give you the net amount you will receive from the sale. Compare that number with your mortgage payoff.

If it is less than what you owe your lender, then you will need to consider a short sale. Ask your agent if they can handle your short sale.

If not, then you may need to hire someone else. Short sales are a lot more complex than a normal real estate transaction.

Make sure the person you interview has closed short sales in the past and knows what they are doing.

Ask them how the short sale process works. Have them explain it to you. This will help you determine if that person can do the job for you. 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,

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.

To Read More: Click here. Loan Mod vs Short Sale Click here.

Income Property Info Click here.

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Do I have to wait long to Buy Another Home After A Moorpark Short Sale?

 

http://MoorparkShortSaleSpecialist.com
Moorpark Short Sale Help, Certified HAFA Specialist, Certified Distressed Property Expert and Certified Pre-Foreclosure Specialist.

“I am upside down and need to move. I would like to buy another home. Can I do that?” they ask us.

Today they can. FHA (the Federal Housing Administration) has a new program that enables you to short sale your existing home and buy a new home right afterwards.

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

The home you purchase would have to meet FHA’s standard lending guidelines. FHA is a great mortgage program.

In fact, more people buying a home in today’s market are getting an FHA loan.

Here is what you would need to do to participate in the program:

1. Determine if you qualify to participate in the program. We have been told that you will need the following.

(Guidelines can change at any time, so make sure you check them with a Mortgage Professional familiar with the program.)

A. A 640 FICO credit score or better.

B. You must be current on all installment payments and your mortgage.

C. No bankruptcy or foreclosure on your credit in the last 7 years.

D. The home you are purchasing must be inferior to the one you are selling. I don’t know the exact guidelines, but I think it means it is a smaller home, or it has less bedrooms or a lower price.

E. You will need the 3.5% down payment for the new purchase.

2. Continue making your mortgage payments each month.

3. Talk to a Mortgage Professional and fill out FHA’s Short Sale and Buy Application.

4. Get pre-approved for your next home loan.

5. Put your home on the market with a licensed short sale realtor.

6. Once the short sale is approved, then you can start looking at other homes.

7. Close on selling your home and on purchasing the new property.

All in all it seems pretty simple. The key is to make sure they you are approved for the loan on the next home before you sell your existing home. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail atcjohnson@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.

Thanks for reading this, Chris B Johnson.

Chris B is a Real Estate Agent at http://MoorparkShortSaleSpecialist.com /. Moorpark Short Sales Realtor:

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 Moorpark CA Short Sales. Moorpark Realtor.

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

Important Notice

Chris B Johnson, http://MoorparkShortSaleSpecialist.com 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 http://www.ChrisBJohnsonRealtor.com/

This information on How Soon Can I Buy Another Home After A Moorpark Short Sale? is provided as a courtesy to our viewers to help them make informed decisions.

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For Sale By Owner And The Myths of Short Sales in Moorpark

Chris is a Moorpark Short Sale Certified Distressed Property Expert With a full time staff dedicated to Moorpark Short Sale Negotiations.

Moorpark Short Sale Help, Certified HAFA Specialist, Certified Distressed Property Expert and Certified Pre-Foreclosure Specialist.

Are you thinking about going it alone, trying to sell your own upside down home?Some

times Moorpark homeowners want to initiate a short sale on their own. These Moorpark homeowners typically encounter the top five Ventura County Short Sale Myths. As a result, it has led to prevalent confusion and widespread misconceptions not only on its details, but the process involved as well. The truth is that short sales are one of the longest real estate transactions, which may easily eat up several weeks to several months on average from the time of contract to closing. At heart, the only part that is short with this process is the price expected in relation to the outstanding debt of the homeowner to the bank. Don’t let the name fool you!

For a majority Moorpark short sale sellers and buyers, this information is common knowledge. However, what they do not hide are the details involved from the contract to the closing of the short sale. There are actually various stages included in the short sale process that may bring create more misconceptions and confusion if the assistance of a competent short sale agent is missing. Let’s take a look at the top five short sale myths.

MYTH 1: Getting a short sale approval is typical, normal, or standard.

Homeowners believe that because of government streamlining, the set of standards grant banks the ability to follow a specific process for short sale initiatives. What is conceived by Moorpark buyers and sellers in this process is that offers are submitted, signed and turned over to the listing agent who handles all documentation to the bank. After a few months, or in rare occasions a few weeks, approval is received.

FACT: There is nothing usual, normal, or standard when it comes to a short sale.

Typically, a bank is in an authoritative position and may respond to offers of the homeowner in the manner they desire. There is an apparent possibility that they may counter with a higher offer or demand some form of cash payment from sellers. Also, there is a chance that none of these will come to pass. An asking price that is inferior to the standard may be approved unexpectedly or insist an above board pricing. This means that there is no standard with short sale initiatives. This also highlights the need to have the services of short sale specialists.

MYTH 2: Homeowners will have more of an advantage by walking away rather than short sell initiatives.

Generally, homeowners get advice from inexperienced real estate companies or incompetent real estate companies to simply walk away rather than submitting to the tedious process of a short sale initiative. Seemingly, this will provide them more advantages not only financially, but also in terms of credit scores.

FACT: For most homeowners who are dealing with upside down properties, walking away and allowing foreclosure proceedings is tantamount to an extremely serious decision.

The foundation of the decision can dramatically vary depending on the owner and the state where the home is located. In some states homeowners may be sued by lenders when the mortgage comes into default. State taxes may also be imposed on the debt that has been cancelled because of foreclosure, which could potentially be tens of thousands of dollars.

The trick to handling one of the five Moorpark short sale myths is to have the backing of real estate companies which can help homeowners get in touch with experienced local real estate agents. This will profit financially challenged homeowners due to the fact that it will cause them to be less hindered by short sale initiatives as opposed to foreclosure. This type of support will also help aggrieved homeowners repair their credit faster including the functionality of getting another mortgage in a shorter time. A short sale also costs the seller nearly nothing besides the investment in time and effort, which makes it the wiser decision as opposed to simply just turning away.

MYTH 3: Banks have limitations on what they are capable of doing

The majority of homeowners who are missing the benefit of having short sale specialists believe that banks are bound by government requirements and regulations in dealing with short sale initiatives. Adding to this, they feel that the operating standards add to the imposition of the limitations which can be detrimental to their condition.

FACT: As one of the common five short sale myths, it contributes to the negativism and limited options of homeowners. The fact is that a short sale initiative is slightly a proposal to waive a debt that is legally owed by financially challenged homeowners.

The Best Short Sale Agent in Ventura County, CA, The Best Short Sale Realtor in Ventura County, CA, The Best Certified Short Sale Specialist in Ventura County , CAThis means that since the bank is the legal lender, it has the power to say what can be done including outright refusal of the request for debt forgiveness. This also means that if they have the right to refuse, then they also have the right to impose whatever conditions they went on the initiative.

Experienced short sale specialists know that it is entirely possible for the bank to demand more money from the seller or even so the buyer. In the same aspect, they can ask real estate agents to lower their commissions and even refuse payments on closing cost. The buyer and the seller may also decline or accept any or all of the demands of the bank, but, it is critical to bear in mind that the bank has absolute power over the rules of the game.

MYTH 4: The broker and offer of the buyer affects the approval of the short sale.

Homeowners believe that since banks and investors are more anxious about profits more the anything else, having a buyer with a broker that has a background in short sales and provides a more than adequate pricing offer that will cause the short sale initiative to be approved at once.

FACT: In spite of the truth that banks and investors look at profits, much value is given to writing a clean and well-qualified offer.

This is a big deal when making sure that the seller and the buyer hold onto the initiative until the contract is signed. It is valuable to note that the offer and the agent of the buyer have very little influence on how the bank will approve the initiative from the bank based on their needs to close the short sale. This is the cause as for why this is classified as one of the five short sale myths.

Even though there is no denying that the pricing offer has significant weight, it isn’t that crucial when coming to short sale initiatives where the following factors have substantial bearing:

.Fair market value of the property based on third-party broker’s opinion or automated computer model

.Financial condition of the seller or potential future challenges

Completion of the workout short sale package of the seller along with the constant follow-up is performed by the local real estate agent to close the transaction.

MYTH 5: Short Sales are similar to pre-foreclosure

With the varying standards implemented by banks, especially with enforcing time limits for the short sale before initiating a full foreclosure, many homeowners are convinced that a short sale initiative is like going through a pre-foreclosure proceeding.

FACT: Essentially, in a short sale, homes are being sold for lesser than their value in order to settle outstanding obligations to their lender.

This is one of the five short sale myths that need further clarification. Pre-foreclosure on the other hand involves homes that are being prepared for foreclosure because of mortgage payment delays. The fact is that some short sale initiatives are pre-foreclosures simply due to homeowners deciding to stop mortgage payments once the property is placed on the market. Generally, this happens because they have the faulty notion that the bank will approve the short sale quicker once the loan comes into default. This kind of decision making process focuses on the need for the service of a short sale specialist who can help homeowners make educated decisions.

Moorpark Certified Short Sale Specialist, Moorpark Short Sale Help, Certified Short Sale Negotiator, Stop Foreclosure Moorpark CAThe five short sale myths constitute the basic foundation of how homeowners react to various short sale conditions as well as why they opt to walk away or foreclosure. By understanding the five short sale myths and getting the services of short sale specialist, homeowners will be capable of maximizing the advantages of their current condition. When coming to your financial future and deciding on someone to assist you in the short sale process, experience is everything. Don’t settle for less.

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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:
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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.

To Read More: Click here.
Loan Mod vs Short Sale Click here.

Income Property Info Click here.

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