Has anyone paid the $499 for Platinum ? I would like to know if there are any benefits?

We are indeed in a mess woth SS the only ones that win are the banks.

Real Estate itself is a mess. I am tired of asking for a deniel letter from agents when the property is in foreclosure. Agents don't think you need one. They just email you and say the bank excepted another offer. Well you know what I took my time and wrote the PA, EMD, POF and I want the deniel from the bank. Do your job. I know it's not everyone but start what you finish. That is how the process works..

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Closing on my eighth short sale today July 16th

Hi folks. This Friday at noon Eastern time Tim and Julie Harris of the Harris Real Estate University(HREU) have invited me to be this week's Superstar Interview!!!

If you are not familiar with HREU then you must live in a cave. HREU is......well here's a snippet…

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Bank of America is the primary lien holder (pay-off is $374,000 + taxes/liens/etc over 19 months).

Chase is the junior lien holder (pay-off is $136,000).

Seller filed bankruptcy so there is no recovery.

I have an offer for $370,000, which gives BoA $342,920 at the end of closing.

BoA will offer NO MORE than $5,000 to Chase.

Chase says, "Don't come back with less than $34,000." (Notice the similarity in the numbers there?)



Has anyone had luck in getting Chase to… Continue

Las Vegas has been known during the past 2 years as the “Foreclosure Capital” of the country! And, that is accurate. I have not written very much recently about our Las Vegas real estate market, but, rather, I have devoted the past 15 months to marketing and selling REO/Bank Owned properties. This market has exploded, and my office has sold more than 150 foreclosed properties just in the past 6 months! We are now transitioning into Short Sales, which are an entirely…

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Hi Folks. If you are involved with any Bank of America Short Sales then you know that they have been using www.Equator.com to help make the process go smoother. My opinion is that it is working like a charm. Bank of America Short Sale approvals are coming…

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How To Get Your Short Sale Approved

The word "short sale" has certainly been a buzz word in the distressed real estate market we are experiencing in 2010. However many Realtors and investors are still unclear on how to determine a real estate

short sale offer that is acceptable to the lender.



The following steps are to be used as a basic guideline on determining what to

offer the lender for a short sale…

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http://www.kickstartcart.com/app/?af=1214946

Anyone have a contact #?

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This informative post is re-blogged from Partner First, an online real estate network with resources for buyers, sellers, and agents. This post was written by Jacob Swodeck, and published on his Partner First affiliated blog.…



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There's a lot of chatter on real estate blogs about the steep increase in foreclosures and short sales in Palo Alto. Unfortunately many sites post stats from a company called Realty…

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Shawnee KS Suntrust Short Sale Listed and Sold…

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Anyone know what the hold period before resale is for Aurora? They are telling me that this is an indefinate period and will not sell to an investor ...no matter how long he holds it before he resales it. This property is a $780K property. This is insanity.

The games we short sale agents must play! Here is a perfect illustration about why short sale lenders should not rely on one value, called a Broker Price Opinion (BPO), to decide if an offer is the right price.



1. I list a Fort Walton Beach Florida short sale at what I believe is close to market value-…

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This is my first blog on short sale superstar, but it's not my first experience with short sales. I must say right off the bat that short sales have to be the most frustrating and time consuming part of the real estate business these days. The banks advertise that they will mediate with the sellers to help them avoid foreclosure. I hear story after story from people who have tried that route and hit a wall. There seems to be no end in sight at the moment.



I was working most recently… Continue

I have a short sale offer on a property where the deficiency is 113K. Amount owed is 265K, offer is 152K The 1st mortgage, Hancock Bank will accept the offer with no deficiency but PMI company wants a promissory note of 20K. The seller has not accepted this offer yet. Can anyone tell me if I should try to negotiate this payoff with PMI or is the seller going to have to accept this offer for the short sale to happen. I have not been able to converse with the negotiator with Hancock Bank, I am… Continue

Short Sale Team added to HK Lane Real Estate. Envisioned by owner, Harvey Katofsky, Broker Ron Gerlich and Real Estate Attorney, Paul Bojic, the idea is a "One stop team for Short Sale advice." Two Listing Agents, Kimberley Kelly and Ally Valesquez will be working with them, as well as a Short Sale negotiation team…

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