Last week, I was visiting my sister and a very close family friend lives across the street from her. I have known this family since I was born – in fact, our parents and grandparents were close friends!   The grandchildren live in the home now – but they just lost it to foreclosure.  It was…

The best way to find a Short Sale Realtor .

It's easy to discover a realtor...There everywhere... Here are my suggestions on what you have a look for in a Licensed California Realtor. Confirm they are Licensed!

 The Realtor has CLOSED at least Twenty short sale transactions. Not just listed. I'm seeing folks lose there houses everyday because they employed an inexperienced…

This La Quinta Short Sale was not a slam dunk.  Two notes with different Lenders, but still CLOSED in approx. 95 days.  I don't just list my Short Sales..I CLOSE them. 

81375 National Dr.  La Quinta, California   PGA West

First note with B of A:  Approx. Value of 1.4…

http://www.youtube.com/watch?v=KqMxoNoy_hQ&feature=player_embedded

Are you in pre-foreclosure or can foresee yourself in foreclosure status in the near future? You are not alone my friend. There are government sponsored HUD counselors available for you in your area who can help you explore your options and choose the best…

My reservations about B of A's COOP short sale program may be easing here in Palm Springs Valley of California.  The only drawback I could see was that the appraisals kept coming in over market, and that dragged out the Listing time.  However, there are reductions scheduled for every 21 days so with this Short…

www.lehighvalleyshortsalerealtor.com

Carl SanFilippo

(888) 445-8880

Short sales have been helping homeowners dodging foreclosure since the housing market began taking its fall back in 2007. Short sales are becoming popular because of the minimum impact it has on a homeowner’s credit. A foreclosure makes it almost impossible to be qualified for a loan for seven years, while a short sale can…

Call Carl SanFilippo (888) 445-8880 for a FREE AND CONFIDENTIAL phone consultation.

Short Sale Versus Foreclosure – which should I do?

Getting fired from your job usually means the power source of income is cut off, and being of the first things to get sidelined when this occurs are mortgage payments. Paying for a house to live in might come off to be a little costly especially if you can just opt to rent an apartment. While it is easier to just walk away from your…

Reverse Mortgage Short Sale

Short Sale Opposed To Foreclosure

Short Sale Versus Foreclosure – which should I do?

Getting fired from your job usually means the power source of income is cut off, and being of the first things to get sidelined when this occurs are mortgage payments. Paying for a house to live in might come off to be a little costly especially if you can just opt to rent an apartment. While it is easier to just walk away from your monthly mortgage payments and let the bank take your…

When the time comes near to close on an existing approval letter, the terms of the new offer must correspond with the offer that was approved already, and the buyer must close by the date in the short sale approval letter or an extension may be mandatory. The short sale approval process may perplex some people but with the help of an experienced agent, the short sale process should be somewhat of a smooth process.

A lot of people become bewildered when they see the…

Cute as a button, remodeled, 1bd/1ba Condo coming up at Palm Lakes in Palm Desert, CA. This short sale is a COOP short sale with B of A. That means that the List Price has already been approved by the bank and the close will be quicker than with a standard short sale.

Palm Lakes is a gated community of Condos offering a clubhouse, 2 tennis courts, community pool and lots of lush, green common areas..all for $225/month HOA fees. This particular unit is in a great location on the second…

In Blossom Valley from Jan 1, 2012 until June 30, 2012 there were:

263 closed short sales

104 closed bank owned homes

Total sales during this time period were 626

Total % Short…

In Los Altos from Jan 1, 2012 until June 30, 2012 there were:

3 closed short sales

3 closed bank owned homes

Total sales during this time period were 192

Total % Short Sales:…

In Los Altos Hills from Jan 1, 2012 until June 30, 2012 there were:

1 closed short sales

0 closed bank owned homes

Total sales during this time period were 45

Total % Short Sales:…

This Week's Superstars Discussions.

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Homeowners with second mortgages have a higher risk of a delayed short sale or foreclosure. Why? The 2^nd lienholders have trouble (rightly so) allowing tens of thousands of dollars to be forgiven and often times, their denial of the short sale offer results in more loss on their interest(s) than if they cooperated. Mark Zandi, chief economist at Moody’s Analytics Inc. in West Chester, Pennsylvania, says, “Subordinate liens have become the biggest hurdle to resolving the…

This short sale was a bit involved, but I received final approval yesterday on the B of A first lien.  I already have the approval for the Chase HELOC, so we are into Escrow and roaring to a close.  Interesting how I waited weeks for that final Investor approval, (after accepting their counter), and once it came through, they gave us..wait-are you ready????  8 days total to…

CALL LEHIGH VALLEY SHORT SALE SPECIALIST CARL SANFILIPPO (888) 445-8880 FOR A FREE PHONE CONSULTATION!

A good Lehigh Valley short sale agent will maintain consistent contact with you and your lender making sure that everyone is still in the loop about the short sale process on account that they have been known to take some time to complete. Honesty with your agent going a long way, and could potentially help your short sale process speed up…

CALL LEHIGH VALLEY SHORT SALE AGENT CARL SANFILIPPO (888) 445-8880 FOR A FREE PHONE CONSULTATION.

A good Lehigh Valley short sale agent will maintain consistent contact with you and your lender making sure that everyone is still in the loop about the short sale process on account that they have been known to take some time to complete. Honesty with your agent going a long way, and could potentially help your short sale process speed up and…

In Woodside  from Jan 1, 2012 until June 30, 2012 there were:

3 closed short sales

4 closed bank owned homes

Total sales during this time period were 51

Total % Short Sales:…