Temecula Short Sale Agents – Help Line 951-217-6745
Short Sale Archives
Temecula Short Sale Specialist
Temecula Short Sale Agents Posts
Temecula Homes for Sale – Search
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.
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.
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.
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.
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.
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.
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.
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?
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,
40150 Winchester Rd #1 Temecula Calif. 92591 Fax 951.676-5681
Bank of America thanks our Temecula Short Sale Team.
Today I received the below email from the Bank of America short sale specialist we worked with.
Thank you for your assistance in completing the current short sale. I was able to verify the documents and process the wire. We at Bank of America look forward to working with you in the future. If you have any feedback regarding your experience with myself or the closing process that you would like to share, please contact my supervisor, Scott xxxxxxxx, at 480-xxx-xxxx or email his firstname.lastname@example.org. Thank you again for your hard work and dedication. Have a great week!
2013 is going to be a good year for homeowners needing to short sale their home.
Program Updates Effective February 1, 2013
however, Servicers may implement changes immediately
The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative overseen by the U.S. Treasury Department and administered by Fannie Mae assisting all Home Affordable Modification Program (HAMP)-eligible homeowners in avoiding foreclosure,specifically through short sales or deeds-in-lieu of foreclosure.
The Bank of America Cooperative Short Sale Program may be able to help Temecula homeowners complete a short sale if they owe more on their mortgage than their Temecula house is worth and do not qualify for the Home Affordable Foreclosure Alternatives (HAFA) short sale program. This short sale program can streamline the approval process and offers financial assistance to help homeowners with relocation and moving expenses.
As of January 15, 2013, there will no longer be a temporary foreclosure hold during the Cooperative Short Sale property marketing phase. Bank of America may begin or continue the foreclosure process up until a submitted offer to purchase the property is approved by all relevant parties. Any existing Temecula short sales in progress will not be impacted by these changes. Call aTemecula short sale agent for more info 951-217-5745
Title Transfer requirement change:
Note: The above restrictions will run with the land and are not personal to the grantee.
Note: If the borrower receives relocation assistance from a source other than Fannie Mae, Freddie Mac, or the servicer, the difference in the relocation assistance amount up to the $3,000 incentive maximum may be provided. If the borrower will receive relocation assistance from a source other than Fannie Mae, Freddie Mac, or the servicer and the amount is equal to or greater than $3,000, no relocation incentive will be provided.
SOURCE – Caiif Assoc of Realtors Newsline.
Temecula Short Sale Homes vs Bank owned for sale Homes. 951-217-6745
When you are looking for a home to purchase and time is the most important item on you list the choice is clear the Bank owned home, It can be yours and closed in 30 days or less.
But on the whole the better buys are the many Short Sale Homes
on the market. These homes are highly discounted. I order to get that discount you need to be patient and make sure you are working with a experience short sale specialist. Most short sale sellers are being offered an incentive to cooperate through the sale so at the end of the short sale your will have a clean non-damaged bargain home.
So don’t let your real estate agent steer you away from the bargain a Temecula short sale home can be.
We have a team of agents helping Temecula and Murrieta short sale clients. These are good buys and we help the sellers move on and get a fresh start. We help Temecula and Murrieta homeowners that need the best short sale help with no out of pack costs