My next Temecula Short Sale may be all over by tomorrow!

This home has a sale date set for tomorrow.
The owner has been calling me for weeks asking all the right questions about what is a short sale.
Now finally the day before the bank is about to foreclose she calls me at 5:30 PM asking me can I list her home via the SHORT SALE?

She been trying to modify her loan and was denied.

I know this would be a long shot

Well I told her I would give it my best and got her lender in the phone via a 3 way call.
Yes this is at 5:30PM while I am doing a walk thru with another client and YES the bank answered
the phone. The seller gave the bank permission to let me talk and I got them to give me till tomorrow
to fax them an offer and then maybe they will not take it to sale. That’s all I needed to hear from them.
Like a mad man I finished the walk thru,rushed home, entered her home on the MLS, CraigsList & my websitewww.RealtyWrks.com and started blogging all about it.

Ran out to the home took photos, put up a sign and emailed all needed forms to the seller.

Back home I took a pause to eat and waited for offers while watching America’s Got Talent on TV.

Lucky for me this home is in a very sought-after area and I priced it like the Repos in the area.
It’s now 10:00 PM and my inbox already is getting agents asking for details and I have had
two sign calls. I am positive I will have offers tomorrow and just hope the seller comes thru with
the required data I will need to fax the lender.

Tomorrow will tell if I can save another Temecula home….Stay tuned!!!! 

UPDATE! ….

I got the banks to put off the foreclosure sale date,got a great offer,had the banks ready to issue the short sale approval letter,looking good right!
Well the banks,(yes there of course were two loans here) needed some more information from the seller prior to issuing the approval letter and the seller did not respond in time. 

This home was sold by the bank due to seller procrastiation.  

Temecula Short Sale Specialists 951-217-6745

Our local Short Sales Specialist Realtors offer FREE solutions to home owners.

Does the current economy have you caught between a rock and a hard place? We have a FREE solution for you! We are your local real estate agents at Realty Works Temecula. We offer Free counseling and short sale real estate services to home owners in the Temecula & Murrieta area. If you owe more than the value of your home, our local agents will work with your lender to negotiate a lower payoff amount on your home loans in order to get your home to a price range where it will sell.

• Our services are completely free to all home owners, your lender pays our fees, as well as ALL traditional sellers closing costs!
• We will work to get you fully forgiven of your debt, regardless of what you owe on your home
• You do not have to be in Default or foreclosure for us to work a short sale for you.
• We are NOT investors, we are state licensed and regulated real estate agents, who are here to serve your best interests.
• It is usually in your lenders best interests to accept a lower amount than you owe, as foreclosure proceedings cost an average of $58,000 or more for your lender to process.

If you are in financial hardship and must get your home sold or have rental properties you can no longer afford, we would like to discuss your circumstances with you to see if you qualify for a no cost short sale. Know your option to foreclosure. Contact us today for a free, confidential, no obligation consultation.

www.aShortSale.com

Realty Works Temecula
41720 Winchester Rd #I
Temecula CA 92590
20 Years of Local Real Estate Experience! 

 
Ask about the HAFA Short Sale program that can give you $3,000 BACK to complete a short sale on your property

Yes your can strike the IRS off your list of items of concern if you decide to go forward with

Temecula Short Sale Specialist

a short sale. You have the protection of an act signed into law by the president of the United States
in 2007.

This act is the “   Mortgage Forgiveness Debt Relief Act of 2007 ” this act address the issues of
Phantom income. This is the income that shows on the 1099 form that your lender may send
you after the close of your short sale. It is called Phantom income as this is money/income that
you never really received yet it shows as income on the 1099 and the IRS looks at the 1099 as income -
money you have received.

You may not be covered or protected by this act if you have not lived in the property two of the last five years and
note,this act will expire at the end of this year! Dec 2012. It has been extended once before and I believe
we will see another extension of this act granted before the end of the year.

This is just one of the many protections offered to you in a short sale. If you decide that a short sale is a better option to a foreclosure
or you just need more short sale information call me at 951-217-6745  or email Expert@aShortSale.com

No fees or pressure,just honest free advise from the best Temecula short sale specialist.

Why the short sale is a viable option for a homeowner.

A foreclosure can have a devastating impact on someone’s credit report that will have a lasting effect for many years to come. A short sale is typically reported on your credit report as a debt that is “settled for an amount less than what is due”. A short sale will cause a large dip in your credit score, but it will be nowhere near as harsh or as lasting as the reporting of a foreclosure on your credit.

I have tracked some of my clients credit scores and have found that one year after their short sale their good scores have returned and even improved!

If you have the option a short sale should be considered. Your local short sale specialist will not charge you a fee for their service to short sale your home. If you want to purchase a home again in the near future don’t let you home go into foreclosure.

CHASE offers my Temecula Short Sale client $30,000.00 to make a fresh start. 

The letter from CHASE reads…

• RETURN YOUR LISTING AGREEMENT NOW
• OWE NOTHING MORE ON YOUR MORTGAGE
• GET $30,000.00 WHEN YOU SELL YOUR HOME.

  My clients had 20 days to respond, or the offer would no longer be valid.
  Chase told them to find a real estate agent with experience working with mortgage companies,
  they called me and asked for my help as their Temecula short sale specialist.

My clients were a bit skeptical as to if this was a true offer as most banks offer $3,000.00 not $30,000.00
to cooperate with the short sale process. I let them know it is a very limited offer and that Chase has sent this letter out to only a very few selected Temecula homeowners.

I listed their home and posted a copy of the letter here so you know this is a real offer from CHASE.

If your lender offers you the option of a short sale call me. I specialize in getting Temecula short sales approved discreetly. Call 951-217-6745 or go to www.aShortSale.com
 

Reduce the pain,settle the debt,so I can move on = A Short Sale. 

The above is what matters to most home sellers when I am contacted to short sale their Temecula home.

Once a seller makes the decision to do a short sale they just want it over and thats were my experience comes in.
I have a short sale system in place that generates results and I know how to adjust it to each of my short sale clients situations.

Its no secret just the experience of over 16 years of short sale experience. Call me,let me reduce your pain,settle your debt so you can move on. 

 Temecula Short Sale Specialist – Realty Works Temecula – 951-217-6745

Temecula homeowners rush to complete a Short Sale in 2012.

In just a short 12 months from now the protections offered to Temecula homeowners by 
the “Mortgage Forgiveness Debt Relief Act of 2007″ will expire. Congress passed this act to protect homeowners who have lost their homes. In summary this act protects you for up to $2 million dollars when a lender cancels or forgives debt in a short sale. The protection is in the form of protection from taxes.

You will not be responsible for paying taxes on the forgiven amount. This is the amount that your lender is required to put on the I.R.S  form 1099c which you will receive after a short sale is completed.

This protection applies to your primary residence only. I have provided a link here for you that will take you directly to the bill as it appears at the I.R.S. web site. 

This is why I believe in 2012 Temecula homeowners will rush to complete a Temecula Short Sale.

In just a short 12 months from now the protections offered to Temecula homeowners by
the “Mortgage Forgiveness Debt Relief Act of 2007″ will expire. Congress passed this act to protect homeowners who have lost their homes. In summary this act protects you for up to $2 million dollars when a lender cancels or forgives debt in a short sale. The protection is in the form of protection from taxes.

You will not be responsible for paying taxes on the forgiven amount. This is the amount that your lender is required to put on the I.R.S  form 1099c which you will receive after a short sale is completed.

This protection applies to your primary residence only. I have provided a link here for you that will take you directly to the bill as it appears at the I.R.S. web site. 

This is why I believe in 2012 Temecula homeowners will rush to complete a Temecula Short Sale.

Many Harveston Lake homeowners purchased their homes at the very top of the Real Estate Market. Late 2004 to
early 2005 Harveston was the new hot spot in Temecula to buy a home or purchase an investment. Fast forward to today
and those great investment homes have lost almost 50% of their value.

Thats were I come in.If you live in the Harveston Lake development and have tried to modify you loan and been denied or if
you were given a modification and it is failing you. Call me,let me show you a solution to foreclosure called a short sale.

I have helped many Harveston homeowners get out of a bad mortgage with NO deficiency and get a fresh start. If your thinking
about a short sale or if your lender has told you a short sale is an option for you,call me for the details. There is no costs to you if you decide to go forward with a short sale and I can in many cases get your lender to pay you $3,000 to $20,000 to cooperate with a short sale.

The window is open now for you to get a fresh start via a short sale.So make the call or email me. I have a proven tract record of over 16 years experience helping Temecula families with the short sale. I am a Temecula Short Sale Specialist.  

 You may only have one shot to get this done correctly.

     Sidney Kutchuk – Broker at Realty Works Temecula – 951-217-6745 - Expert@aShortSale.com