Sidney Kutchuk

Temecula Short Sale Specialists – Avoid Foreclosure

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Certified HAFA Temecula Short Sale Agent

Source: via Sidney on Pinterest

Temecula Homes for Sale – Search

All Posts by Sidney Kutchuk
Real Estate Broker for Located in Temecula Calif. 92590 Short Sale Specialist Free help for the D.O.D HAP program & US Treasury Dept HAFA program

$10,000.00 x 3 for my Temecula short sale clients | 951-217-6745

$10,000.00 x 3 for my Temecula short sale clients | 951-217-6745

This month has been a good month for my Temecula short sale clients and tenants. I have been able to get 3 short sales approved via the Federal HAFA short sale program. That means at the closing I will be able to present $10,000.00 to each of them. In one of the properties the current tenant is getting the check. The check comes from the U.S Treasury as relocation assistance to the sellers or tenants,who ever is living at the property. 

Short sales are still a 90 day battle to get approved,but still the short sale is one of the best options available when facing a foreclosure. The short sale offers you control in a situation where you can no longer afford to stay in your home and you’re unable to sell it because you owe more than it’s worth.  

Now in late 2015 short sales are no longer the norm, if fact short sales now account for less than 15% of the home sales here in the Temecula and Murrieta area. This has been the trend in most all states. Equity is returning to most areas and the short sale market is fading fast. Most major lender have laid or transferred their short sale staff to other departments. This has made getting short sales even harder and sometimes longer to get too approval.

If you find yourself or know someone needing a Temecula short sale specialist give us a call at Realty Works 951-217-6745. There is never any out of pockets costs to our clients needing our short sale services. We will check with your lender to see if you’re eligible for the $10,000.00 HAFA relocation incentive.  


Are Resetting Mortgages causing more short sales in 2015?

Yes,just when it looked like it was over for short sales they have picked up again inpart due to many homeowners not being able to afford the large raise in their mortgage payment.

This time the number one cause is unaffordability. Many homeowners that 
were given a loan mod 5 to 10 years ago are now getting letters from their lenders 
with major price adjustments to their house payments.

These price hikes are large and are now forcing homeowners to default on their payments and seek help from their lenders for a second or third time. This time most homeowners are finding that the lenders are no longer willing or able to help. So they must sell or face a foreclosure. While the option to sell maybe your best solution many homeowners find that their homes value still have not increased enough to repay the mortgage if sold today at current market value.

This is why in 2015 we are now seeing the come back of another option the short sale. Just when it was looking like short sale were going to be a thing of the past. Mortgage resets are causing a come back of the short sale process here in 2015.

A short sale is a solution to avoid foreclosure. A short sale will allow you to market and sell your home even thought you owe more the the current market value. You will net ZERO Dollars,but you avoid foreclosure and can remain in the home during the process which is taking 3 to 4 months to complete.

Here in California at the end of a short sale you are released of the mortgage in full and the lender can not come back after you for any deficiency. Plus you are NOT allowed to pay any costs of the short sale including agents commission. 

How to Short Sale your Temecula home in 2015 | 951-217-6745

Published February 17, 2015 in Temecula Short Sale - 0 Comments
Temecula Short Sale Agent

Temecula Short Sale Specialist

With the Temecula home market recovering in most areas of town, less homeowners are needing to use the option of doing a short sale to sell their Temecula homes. So are short sale going to be easier or harder to get approved in 2015?
Most of the larger lenders have laid off or reassigned much of their  loss mitigation staff. The short sale departments now have less time and staff to review each short sale submitted to them. I feel it’s not going to be as easy to get a short sale approval in 2015 and if your agent submits a weak short sale proposal forget about getting that Temecula short sale approved.

How are you going to get your short sale approved in 2015.

The banks are not giving the large discounts any longer. They are demanding sales prices at or near full market value. Some lenders are even asking above market  value/prices (Fannie Mae) when issuing their short sale approvals!
Get your home looking it’s best. You are now having to compete with the standard sales around you here in the Temecula and Murrieta valley.
I know it’s a pain but complete ALL the documents your lender throws at you (this is very important).
And seek out the best short sale specialist in your market (critical).

Some good news! Incentives and Relocation funds for sellers doing a short sales in 2015 have increased!
The US Treasury dept has a short sale assistance program called HAFA that as of February 2015 now is giving home owners up to $10,000.00 at the close of a short sale. See my YouTube video on this new incentive!

How do you find the best Temecula short sale specialist to work with?

This is the easy part. Just ask Google,Bing or what ever internet browser you use.
Typical search terms you should type in would be……

Short Sale SpecialistShort Sale ExpertShort Sale Agents. To make your search even more accurate in finding the best short sale agents in your local area is to add your location/city in front of your search phrases. Here’s are some examples. If you live in my area which is Temecula Ca you would then type in the phrases below….
Temecula Short Sale Specialist or Temecula Short Sale Expert or Temecula Short Sale Agents.

Get a fresh start in 2015. It’s not to late to short sale your Temecula home. What this going to cost? There is never any out of pocket costs to you the homeowner to have the best Temecula Short Sale Agent on your side. (edit)

About Sidney Kutchuk

Temecula Short Sale Specialist and Real Estate Broker. Sidney Kutchuk – Temecula Real Estate Broker Realty Works Temecula 41720 Winchester Road #J Temecula CA 92590 951-215-6745


2015 Hafa Short Sale Update | 951-217-6745

Published February 8, 2015 in HAFA Updates - 0 Comments

2015 HAFA Short Sale Update | 951-217-6745 | Realty Works Temecula

2015 HAFA Short Sale Update

by Sidney Kutchuk

2015 HAFA Short Sale Update.
Starting Feb 1st 2015 short sales being processed via the HAFA program will allow the seller to walk away with $10,000 at the close of escrow. This $10,000 is for the seller to use for relocation costs. Prior to this change relocation assistance was caped at $3,000.00

Also, current HAFA guidelines state that first lien holders will also provide $8500 from sale proceeds to junior lien. This has now been changed to $12,000. 

For more details on all the changes made to the HAFA short sale process go to this link. Or call the short sale specialist at Realty Works,Sidney Kutchuk 951-217-6745 of

Sidney Kutchuk | January 26, 2015 at 9:09 pm | Tags: HAFA Update 2015, Temecula Short Sale Experts | Categories: 2015 HAFA Short Sale Update, Temecula Short Sale Agents | URL:

Harveston Lake,Temecula CA 92591 – A great place to call home.

Published May 3, 2014 in Temecula Short Sale - 0 Comments

Harvesten Lake in Temecula CA 92591

If your thinking the Temecula or Murrieta area is going to be were you want to call home, check out Harvestion Lake. This is the development I chose to call home. Let me share some of the things I enjoy living here in Harvestion. First you will find people of all ages living and enjoying Harvestion Lake. From young families to senior citizens. Harvestion Lake 2005

My son Adam and his family also picked Harvestion Lake as the place to raise their family.There are many great schools,day care,parks and pools for them to enjoy. Below is a picture of Adam and my grandson Cody who caught his first fish here at the lake. No fishing permit is needed. The lake is stocked with fish and the rules are catch and release. No keeping the fish.

FIshing at Harvestion Lake 

One of the focal points here at Harveston Lake is the Lake House. This beautiful building is over 8,000 square foot and can be booked for weddings and parties. Walking around the lake at night is an extra treat as the area is all lit up along with the many trails and buildings.

Harveston lake - The Lake House


Next to the lake house there is a large pool and spa.There is also for the young kids to enjoy a water fun park.

Harvestion Lake - Pool

They are still building new home here in Harvestion and the resale market is very strong. We have small homes and town homes,senior living areas, to large 3,000 + square foot homes. Most lots are small in size but there are many common areas to enjoy including one of Temecula largest sport parks were you can see the families enjoying the large grassy area or the kids playing baseball and soccer. This is a great area to fly kites as we have a nice breeze come through most every day. The air qualty is great. There is just to many great things about this area to put in this post,but guess what? I am a Realtor and would be happy to show you around Harveston Lake,that is unless Iam on my scooter riding around the lake.

Realty Works Temecula - Sidney Kutchuk - Broker

Contact me if your thinking about coming to Harveston Lake here in Temecula CA. I am the broker here at Realty Works Temecula. Sidney Kutchuk 951-217-6745 or email 

A short sale may be your better solution.

Published April 23, 2014 in Temecula Short Sale - 0 Comments
Certified Short Sale Agent

Short Sale Expert

A Chapter 7 bankruptcy may relieve you of paying back the promissory note or mortgage on your home but it does not remove the lien. This means that after the bankruptcy is complete the lender still needs to foreclose in order to take back the collateral.
So you may end up with both a foreclosure and a bankruptcy.
Maybe, just maybe, a Temecula Short Sale would have avoided both. Contact a Temecula Short Sale Specialist to see how we can help.   951-217-6745

Good News for Fannie Mae Short Sales

Published July 3, 2013 in Temecula Short Sale - 0 Comments

Does your Temecula Short Sale have Fannie Mae as the investor?

by Sidney Kutchuk

If your Temecula Short Sale has Fannie Mae as the investor here’s some good short sale news.

Fannie Mae is asking you to submit your short sale offer to it at the same time that you submit it to your lender that’s servicing the mortgage. By submitting your offer via the Fannie Mae web site and your lender simultaneously  you enable Fannie Mae to start taking some of the steps needed to get the short sale application processed. These steps include ordering an appraisal and broker price opinion and reaching out to the servicer to help keep the processing on track.

Avoid foreclosure and consult a Temecula Short Sale Specialist at Realty Works Temecula 951-217-6745

Contact us today for more information about the Temecula short sale process.

Sidney Kutchuk | July 2, 2013 at 10:24 pm | Tags: Fannie Mae Short SalesTemecula short sale specialist | Categories: Fannie MaeTemecula Short Sale Agents | URL:

Short Sale Symposium at Sea – Aways Learning.

Short Sale Symposium at Sea – Always learning

by Sidney Kutchuk

Always learning, I attended the Short Sale Symposium at Sea this week. I was able to meet and talk with some of the best short sale agents and trainers
in the USA. I was asked to speak on a panel. Thats me in the middle with Lee Honish & Brandon Brittingham. Always learning,this way I can stay on top as the best Temecula Short Sale Specialist.

Source: via Lee on Pinterest

Realty Works Temecula – Broker Sidney Kutchuk –Temecula Short Sale Agent – 951-217-6745

Sidney Kutchuk | April 27, 2013 at 6:48 pm | Tags: Short Sale Symposium | Categories:Temecula Short Sale Agents | URL:

Temecula Short Sale Process can be fast or slow | 951-217-6745

Published March 3, 2013 in Temecula Short Sale - 0 Comments

The short sale process. Fast or Slow they get approved.

by Sidney Kutchuk


Temecula short Sale Process

The short sale process timing.

  Short Sale Timing,Fast or Slow?

One of the most common question my clients ask me about the short sale process is: How long does a Short Sale       Take?
  Even now as we keep hearing from the lenders that they are streamlining the short sale process. Some short sales
are still taking 90+ day to get approved.

Then I can have another client with the same lender take less than 30 days to get the short sale approved. I work then all the same and the timing for the approval letters  is never the same,but they do get Approved!  My message here  is the same for all seller’s  give me time, 30 to 90 days and I will get your short sale approved. 

At your service,

Sidney Kutchuk  AKA…Cyber Sid
   CALL ME, 951.215-6745  visit my site at >

40150 Winchester Rd #1  Temecula Calif. 92591      Fax 951.676-5681


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