Stop Foreclosure Institute of South Florida Assisting Homeowners in Distress

10 Short Sales: I’m Sick And Tired And I’m Not Taking It Anymore!

October 23, 2011
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10 FL – We recently received an e-mail from another agent that was having a hard time with a short sale.

“I have been working this short sale file for 4 months. There has been “no movement” no responses from the bank, no closing date.

The June 30th date just continues to trickle closer and closer leaving the sickened buyers more upset and almost at their wits ends.”

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

Here is what we do when we get frustrated with short sales. We send out press releases and contact the bank’s CEO. If employees are dragging their feet, then you need to apply pressures elsewhere!

We had a short sale with a large national lender. We sent a fax to the CEO and got a response the next day. We are currently running a big press blitz against another lender.

They have dragged their feet on a short sale on a Veteran’s Administration Insured loan. As a result, a US Veteran risks losing his house to foreclosure.

This lender Fargo has the right to decide to do a lousy job. But, they also risk alienating themselves from the 27 mill.yun veterans in the US.

And we are going to let those veterans know what’s happening. We put together the facts on the story. We are going to fax the story to every single VFW post in the US.

Sometimes you have to do something to get their attention! 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 Robert@StopForeclosureSouthFlorida.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 (954) 744-0072

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Pembroke Pines 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, Robert Edward Paucar.

Robert is a Real Estate Agent at Charles Rutenberg Realty. Pembroke Pines Short Sales Realtor.

Phone: (954) 744-0072. Robert@StopForeclosureSouthFlorida.com.

View My homes for sale at South Florida Featured Properties.

Robert is a real estate agent at Charles Rutenberg Realty. SFR Certified – Certified by the National Association of Realtors as a Short Sales & Foreclosure Resource. Short Sales Expert. Short Sales Realtor. Broward County. Miami Dade County. Palm Beach County.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Robert Paucar, Charles Rutenberg 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 Robert’s personal views and do not reflect the views of Charles Rutenberg Realty.

This information on 10 Short Sales: I’m Sick And Tired And I’m Not Taking It Anymore! is provided as a courtesy to our viewers to help them make informed decisions.

Why Is My Bank Willing To Pay You To Short Sale My 10 Home?

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10 FL – The Stop Foreclosure Institute recently received a question from Samir. Here was his question.

“I am thinking about short selling my house. I’m just wondering how I can get someone to help me. I know that your website says that a short sale costs me nothing.

I just have a hard time understanding why my lender would pay you if they are losing money. Please explain that. Samir.”

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

Here was our answer to his question. We get paid because the bank benefits financial from a short sale. Yes, they are losing money. But, they are paying us because we are helping them cut their losses.

This is because they get to sell the house at today’s price, versus what it will be worth 6-12 months down the road. I just did a comparison and pulled up sold homes.

All of the homes were very similar. First, I looked up the average selling price per SQFT of homes that sold in 6-8 months ago. They sold for an average of $103 a SQFT.

Then, I pulled up houses in the same neighborhoods that sold after the bank had foreclosed on them. Those sales were in the last 2 months. They are sold for an average of $85 a SQFT.

These homes average 1,700 a SQFT. That means a 1,700 bank foreclosure sold for $30,600 less. Ouch! As you can see, a short sale realtor brings tremendous amount of value to the bank.

You also benefit. Your credit damage is reduced. You also, have a lower chance of being chased down for the bank’s losses. A short sale is a win – win for everyone involved. 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 Robert@StopForeclosureSouthFlorida.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 (954) 744-0072

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Pembroke Pines 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, Robert Edward Paucar.

Robert is a Real Estate Agent at Charles Rutenberg Realty. Pembroke Pines Short Sales Realtor.

Phone: (954) 744-0072. Robert@StopForeclosureSouthFlorida.com.

View My homes for sale at South Florida Featured Properties.

Robert is a real estate agent at Charles Rutenberg Realty. SFR Certified – Certified by the National Association of Realtors as a Short Sales & Foreclosure Resource. Short Sales Expert. Short Sales Realtor. Broward County. Miami Dade County. Palm Beach County.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Robert Paucar, Charles Rutenberg 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 Robert’s personal views and do not reflect the views of Charles Rutenberg Realty.

This information on Why Is My Bank Willing To Pay You To Short Sale My 10 Home? is provided as a courtesy to our viewers to help them make informed decisions.

10 Short Sales: Something You Must Know When Short Selling Your Property

October 20, 2011
Comments 0


10 FL – We received some interesting and shocking news from another agent. They told us that lenders are are approving short sale and stating that they will allow the seller to walk away owing nothing.

However, after the short sale is complete, then they are resuming collection tactics to repay them on the loan. These lenders are actually stating in their short sale approval letters that the seller will be released from liability.

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

Here is the e-mail I received from this agent. “I having been working the short sales diligently the past two years and continue learning a lot, even though this is a tough market.

I recently completed a transaction where the lender agreed in writing to not pursue a deficiency judgment. After the transaction closed, the owner received a notice that the lender was still going to go after him for the deficiency.

There is so much fear that drives people into foreclosure and bankruptcy, that I don’t have any information about “after the fact”. Jan.”

As you can see, the lenders aren’t playing fair. This is the second story I have heard about this. I don’t remember the details on the other one, but I think it involved one of the biggest lenders, who also happens to have a horrible reputation on short sales.

They did a short sale, and from what that agent told me, the short sale approval released the seller completely. The lender chased the seller down for 60k after closing.

Obviously I haven’t seen the approval letters on these stories. So, I don’t know for sure if the short sale approval letters actually did let the seller off completely.

This doesn’t surprise me at all. It looks like the typical way of doing business for the banks. Kick the little guy while the people at the top get rich. Or, if you have connections, you get bailed out.

Where is the bailout money coming from? Oh, I almost forgot again. The little guy. 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 Robert@StopForeclosureSouthFlorida.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 (954) 744-0072

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Pembroke Pines 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, Robert Edward Paucar.

Robert is a Real Estate Agent at Charles Rutenberg Realty. Pembroke Pines Short Sales Realtor.

Phone: (954) 744-0072. Robert@StopForeclosureSouthFlorida.com.

View My homes for sale at South Florida Featured Properties.

Robert is a real estate agent at Charles Rutenberg Realty. SFR Certified – Certified by the National Association of Realtors as a Short Sales & Foreclosure Resource. Short Sales Expert. Short Sales Realtor. Broward County. Miami Dade County. Palm Beach County.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Robert Paucar, Charles Rutenberg 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 Robert’s personal views and do not reflect the views of Charles Rutenberg Realty.

This information on 10 Short Sales: Something You Must Know When Short Selling Your Property is provided as a courtesy to our viewers to help them make informed decisions.

10 Short Sales: Are Banks Playing Games With Their Financials?

Comments 0


10 FL – Some experts speculate that banks don’t like to approve short sales or loan modifications. Here is why they think that.

They think that lenders are reluctant to speed up short sales or loan mods because they want to hold off the day of reckoning. Let me explain.

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

Let’s say that Joe owes $300,000 on his mortgage. The house appraised for $300,000 when he bought it.

However, the market value has dropped to $220,000. Joe gets behind on payments. Unless Joe has an extra $80,000 lying around, then his bank just lost $80,000.

You know it, I know it, the bank CEO knows it, and even Joe knows this. However, the bank’s investors don’t know it. Why not?

The $80,000 loss hasn’t been factored into earnings yet. If the bank can drag out the short sale and loan mod process to drag out, then they can delay putting the losses onto their books.

Now, I’m sure you are saying, “But there are SEC regulations that forbid this from happening. Let’s look at a real life example of this happening.

Germany and France are having a hard time agreeing to bailout Greece. Now, I’m sure that they have rules similar to the SEC in America.

Sarkozy and Merkel both know that if they don’t bail them out, then French and German Banks will lose their shirt. This will cause huge financial problems for the entire euro zone and the French and German Economies.

Even though everyone know that those banks have already lost the money. But, the losses haven’t been factored onto the books yet. 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 Robert@StopForeclosureSouthFlorida.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 (954) 744-0072

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Pembroke Pines 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, Robert Edward Paucar.

Robert is a Real Estate Agent at Charles Rutenberg Realty. Pembroke Pines Short Sales Realtor.

Phone: (954) 744-0072. Robert@StopForeclosureSouthFlorida.com.

View My homes for sale at South Florida Featured Properties.

Robert is a real estate agent at Charles Rutenberg Realty. SFR Certified – Certified by the National Association of Realtors as a Short Sales & Foreclosure Resource. Short Sales Expert. Short Sales Realtor. Broward County. Miami Dade County. Palm Beach County.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Robert Paucar, Charles Rutenberg 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 Robert’s personal views and do not reflect the views of Charles Rutenberg Realty.

This information on 10 Short Sales: Are Banks Playing Games With Their Financials? is provided as a courtesy to our viewers to help them make informed decisions.

10 Short Sales: You’re Strongest Bargaining Chip When Negotiating With Second Mortgages

Comments 0


10 FL – In our blog post a few days ago, we talked about a first and second mortgage that both wanted more money out of the deal. The problem was they were asking for it at the other’s expense.

In a sense, we had two monkeys with their hand in the same cookie jar. Neither could get their hand out without the other’s cooperation. So, you have an impasse until someone gives in.

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

Here is what happens if both parties stubbornly refuse to compromise. The first mortgage forecloses on the house and sells it as a bank owned property. They get the full value of whatever the house sells for.

The second mortgage gets zero! Yep, that’s right. Because they are a second mortgage, their right to the property is removed thru foreclosure.

Now, I’m sure you’re asking, “Then why would the first mortgage even give them a penny? They shouldn’t even negotiate with them!”

Here is why it does pay them to negotiate with them. It pays to do so. It takes 6-12 months to foreclose on a property. 6-12 months of lost interest earnings is a lot more than paying $3,000 to $9,000 to the second mortgage.

So, that is your ultimate bargaining chip to use against the second mortgage. We even tell them that if they don’t accept the offer and the home is foreclosed upon, then we will report them to their boss.

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 Robert@StopForeclosureSouthFlorida.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 (954) 744-0072

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Pembroke Pines 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, Robert Edward Paucar.

Robert is a Real Estate Agent at Charles Rutenberg Realty. Pembroke Pines Short Sales Realtor.

Phone: (954) 744-0072. Robert@StopForeclosureSouthFlorida.com.

View My homes for sale at South Florida Featured Properties.

Robert is a real estate agent at Charles Rutenberg Realty. SFR Certified – Certified by the National Association of Realtors as a Short Sales & Foreclosure Resource. Short Sales Expert. Short Sales Realtor. Broward County. Miami Dade County. Palm Beach County.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Robert Paucar, Charles Rutenberg 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 Robert’s personal views and do not reflect the views of Charles Rutenberg Realty.

This information on 10 Short Sales: You’re Strongest Bargaining Chip When Negotiating With Second Mortgages is provided as a courtesy to our viewers to help them make informed decisions.

10 Short Sales: How To Hold Your Bank’s Feet To The Fire

Comments 0


10 FL – Is your lender being unreasonable? Are they unwilling to let you short sale and walk away from the debt? Here is what to do.

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

First, you can make their failings public. Tell your story to your local newspaper, TV station, or radio station. You would be amazed at how fast you lender will backpedal in the face of bad publicity.

Here is an inside tip. Send a copy of your press release to the lender’s Media Relations Department. They are the people whose only job is to make sure no bad publicity gets out. They will pay attention to your story!

A second option is to file a rip off report. Go to www.ripoffreport.com and put in all the details. If you include the bank’s name, then it is likely to show up on Google when someone searches for that bank.

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 Robert@StopForeclosureSouthFlorida.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 (954) 744-0072

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Pembroke Pines 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, Robert Edward Paucar.

Robert is a Real Estate Agent at Charles Rutenberg Realty. Pembroke Pines Short Sales Realtor.

Phone: (954) 744-0072. Robert@StopForeclosureSouthFlorida.com.

View My homes for sale at South Florida Featured Properties.

Robert is a real estate agent at Charles Rutenberg Realty. SFR Certified – Certified by the National Association of Realtors as a Short Sales & Foreclosure Resource. Short Sales Expert. Short Sales Realtor. Broward County. Miami Dade County. Palm Beach County.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Robert Paucar, Charles Rutenberg 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 Robert’s personal views and do not reflect the views of Charles Rutenberg Realty.

This information on 10 Short Sales: How To Hold Your Bank’s Feet To The Fire is provided as a courtesy to our viewers to help them make informed decisions.

How To Ensure Accurate Appraisals And A Successful 10 Short Sale

Comments 0


10 FL – The biggest threat to your short sale is a high appraisal. Which is why your agent needs to make sure the appraisal is accurate.

Here is the process your agent needs to follow to ensure an accurate appraisal.

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

The person doing the appraisal doesn’t understand why the home is selling for a specific sales price. They don’t understand why buyers are only willing to pay X. That is why your agent must explain that to them.

First, your agent should always meet them at the property and bring a detailed Comparable Market Analysis (CMA) with them.

The CMA should include at least 3-5 comparable sold homes, 2-3 comparable homes currently under contact, and 3-5 active competing homes currently on the open market.

They should put together a detailed CMA using the sold comparable sales. They will give that CMA along with the actives and pendings to the person doing the appraisal.

They will ask them what they feel the value of the house is. Then, your agent should show them the MLS history and explain why the house is only selling for X.

The key with the CMA is to use the closest comps available. You can use 1-2 REO comps when a real estate agent is doing the appraisal. Appraisers want the closest geographic comps available.

A real estate agent will use your agent’s comps most of the time. An appraiser won’t do that very often. 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 Robert@StopForeclosureSouthFlorida.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 (954) 744-0072

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Pembroke Pines 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, Robert Edward Paucar.

Robert is a Real Estate Agent at Charles Rutenberg Realty. Pembroke Pines Short Sales Realtor.

Phone: (954) 744-0072. Robert@StopForeclosureSouthFlorida.com.

View My homes for sale at South Florida Featured Properties.

Robert is a real estate agent at Charles Rutenberg Realty. SFR Certified – Certified by the National Association of Realtors as a Short Sales & Foreclosure Resource. Short Sales Expert. Short Sales Realtor. Broward County. Miami Dade County. Palm Beach County.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Robert Paucar, Charles Rutenberg 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 Robert’s personal views and do not reflect the views of Charles Rutenberg Realty.

This information on How To Ensure Accurate Appraisals And A Successful 10 Short Sale is provided as a courtesy to our viewers to help them make informed decisions.

10 Short Sales: Should you be embarrassed to short sale?

October 13, 2011
Comments 0

10 FL – Many people are embarrassed that they are short selling their house. They feel like they are somehow being dishonest or shady. Neither one of those is true. A lot of the people short selling today never had a blemish in their credit. They lived perfect, responsible financial lives. Then the real estate market crashed and left them owing way more than their home was worth.

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

For years everyone had told them that couldn’t happen. Many of those people also lost their job for the first time in their life. You must remember, you are not alone. We are seeing as many short sales in the upper income brackets as the lower income brackets.

I will not be judgmental when you short sell with me. I deal with people from all walks of life. Some are high income. Others bought less expensive homes. Either way, it doesn’t matter to me. I see a short sale as a smart financial decision.

So I won’t be judging you. Instead, I’ll be congratulating you. Who wants to be burdened with a huge debt for the rest of your life? Not me. And neither should you. Here is why a short sale is a smart financial decision.

Let us say that you are upside down on a house by $100,000. (If you owe less than that, don’t laugh. Many people are upside down by that amount and more.) Repaying $100,000 over 30 years, will cost you $215,000. That is the $100,000 originally owed, along with $115,000 in interest payments.

What if instead of doing that, you put that money towards retirement? You could earn 5% interest on that money. $215,000 at 5% is $10,750 a year. Would that be helpful in retirement? That is one small reason I recommend short sales to my customers. You can get the upside down debt forgiven in a short sale.

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 Robert@StopForeclosureSouthFlorida.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 (954) 744-0072

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Pembroke Pines 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, Robert Edward Paucar.

Robert is a Real Estate Agent at Charles Rutenberg Realty. Pembroke Pines Short Sales Realtor.

Phone: (954) 744-0072. Robert@StopForeclosureSouthFlorida.com.

View My homes for sale at South Florida Featured Properties.

Robert is a real estate agent at Charles Rutenberg Realty. SFR Certified – Certified by the National Association of Realtors as a Short Sales & Foreclosure Resource. Short Sales Expert. Short Sales Realtor. Broward County. Miami Dade County. Palm Beach County.

Suggested Reading:

Frequently Asked Questions About Short Sales

Testimonials – Our Short Sale Success Stories

Should You Stop Making Your Mortgage Payments During A Short Sale?

Robert Edward Paucar specializes in loan modifications and short sales in Pembroke Pines Florida. Pembroke Pines Loan Modification Help. Pembroke Pines Short Sales Help. Pembroke Pines Short Sale Realtor. Short Sale Realtor. Short Sales Expert. Specialist. Negotiator. FL Short Sales. Pembroke Pines Realtor. Pembroke Pines Real Estate. Pembroke Pines FL Homes For Sale. Distressed Properties. REO Bank Owned Foreclosures.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Robert Paucar, Charles Rutenberg 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 Robert’s personal views and do not reflect the views of Charles Rutenberg Realty.

This information on 10 Short Sales: Should you be embarrassed to short sale? is provided as a courtesy to our viewers to help them make informed decisions.

How do I find a 10 Realtor that specializes in short sales?

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10 FL – Are you looking for a Gainesville Realtor that specializes in short sales. It is important that you pick the right agent. Many agents turn down short sale listings because they are unfamiliar with the process. These transactions are much more difficult and complicated than your average real estate transaction.

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

Because of the foreclosure process, you usually only have one chance at a short sale. If your first agent isn’t competent, then you risk losing your house to foreclosure. Then you have to wait another 5-7 years to buy your next house. First, ask the agent you are interviewing why they qualify to help you. Do they have any special short sale training or designations? Many agents have taken specialized training and education. They care about being up to date with the current trends in the market.

Next ask them how much experience they have selling short sales. An agent who has closed a few short sales is a lot better prepared than an agent that has not. You want someone experienced working for you.

Who is your lender? Ask the agent is they have closed any short sales with your lender. Every lender handles short sales a little bit differently. If your lender is ABC Lender and the agent has experience with ABC Lender, then they already know the process. Your agent will be prepared because they are familiar with that lenders’ process.

After that, ask the agent how they negotiate their short sales? They may do the follow up themselves. Or, they may hire a competent title company or loss mitigation company to do it for them. Either way is fine. Just make sure the person handling your file is suited for the job. 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 Robert@StopForeclosureSouthFlorida.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 (954) 744-0072

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Pembroke Pines 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, Robert Edward Paucar.

Robert is a Real Estate Agent at Charles Rutenberg Realty. Pembroke Pines Short Sales Realtor.

Phone: (954) 744-0072. Robert@StopForeclosureSouthFlorida.com.

View My homes for sale at South Florida Featured Properties.

Robert is a real estate agent at Charles Rutenberg Realty. SFR Certified – Certified by the National Association of Realtors as a Short Sales & Foreclosure Resource. Short Sales Expert. Short Sales Realtor. Broward County. Miami Dade County. Palm Beach County.

Suggested Reading:

Frequently Asked Questions About Short Sales

Testimonials – Our Short Sale Success Stories

Should You Stop Making Your Mortgage Payments During A Short Sale?

Robert Edward Paucar specializes in loan modifications and short sales in Pembroke Pines Florida. Pembroke Pines Loan Modification Help. Pembroke Pines Short Sales Help. Pembroke Pines Short Sale Realtor. Short Sale Realtor. Short Sales Expert. Specialist. Negotiator. FL Short Sales. Pembroke Pines Realtor. Pembroke Pines Real Estate. Pembroke Pines FL Homes For Sale. Distressed Properties. REO Bank Owned Foreclosures.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Robert Paucar, Charles Rutenberg 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 Robert’s personal views and do not reflect the views of Charles Rutenberg Realty.

This information on How do I find a 10 Realtor that specializes in short sales? is provided as a courtesy to our viewers to help them make informed decisions.

10 Short Sale Question: I’m In A Jam With Two Mortgage Companies Fighting Over Money

Comments 0


10 FL – The Stop Foreclosure Institute recently received a question from another agent named Bonnie. Here was her question.

“On my short sale, the first mortgage gave me a price and a net they would allow. The title company put together the closing documents and paid the first more than the minimum net they needed.

Then, I offered the second mortgage what ended up being 12% of their loan. They are owed 76K, I offered 9600. Here is the problem. Now, they want 15K and are saying that is their final offer.

I do not think the first will allow them to receive that much. The first is HSBC. Do you have any suggestions on this one?

What would have been a better approach…offer to the 2nd on a different HUD a smaller amount to start? I used the same HUD to present to both, getting the firsts approval first. Bonnie.”

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

The first would see a closing statement with 20k going to the 2nd. Meanwhile the 2nd would get a closing statement with 3k and more money going to the first.

Robert Ringer, in his book Winning Thru Intimidation, talks about this problem. He was working as a mortgage broker on a hard money loan for a development.

He had to juggle the lender bringing money to the table and what the developer would net at closing. Plus, he had to make some money for himself in the middle. What did he do?

He started out telling the lender he needed to grant a big loan and told the borrower he was getting less money. He juggled those two and ended up making some money in the middle.

Here is what you can you do to close this short sale. This 2nd mortgage negotiator is being unreasonable. Escalate the file, show them the MLS history, and remind them that they get zero in a foreclosure.

Show them the docket status for the foreclosure case. If the house is close to foreclosure, you gain more negotiating power. Another thing to do is get both of the negotiators on the phone.

Have them hash it out between each other. That worked for us on a deal before and it might work for you too. 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 Robert@StopForeclosureSouthFlorida.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 (954) 744-0072

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Pembroke Pines 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, Robert Edward Paucar.

Robert is a Real Estate Agent at Charles Rutenberg Realty. Pembroke Pines Short Sales Realtor.

Phone: (954) 744-0072. Robert@StopForeclosureSouthFlorida.com.

View My homes for sale at South Florida Featured Properties.

Robert is a real estate agent at Charles Rutenberg Realty. SFR Certified – Certified by the National Association of Realtors as a Short Sales & Foreclosure Resource. Short Sales Expert. Short Sales Realtor. Broward County. Miami Dade County. Palm Beach County.

Suggested Reading:

Frequently Asked Questions About Short Sales

Testimonials – Our Short Sale Success Stories

Should You Stop Making Your Mortgage Payments During A Short Sale?

Robert Edward Paucar specializes in loan modifications and short sales in Pembroke Pines Florida. Pembroke Pines Loan Modification Help. Pembroke Pines Short Sales Help. Pembroke Pines Short Sale Realtor. Short Sale Realtor. Short Sales Expert. Specialist. Negotiator. FL Short Sales. Pembroke Pines Realtor. Pembroke Pines Real Estate. Pembroke Pines FL Homes For Sale. Distressed Properties. REO Bank Owned Foreclosures.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Robert Paucar, Charles Rutenberg 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 Robert’s personal views and do not reflect the views of Charles Rutenberg Realty.

This information on 10 Short Sale Question: I’m In A Jam With Two Mortgage Companies Fighting Over Money is provided as a courtesy to our viewers to help them make informed decisions.

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