Kimberley Kelly
  • La Quinta, CA
  • United States
  • Calif
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Kimberley Kelly's Discussions

Foreign Seller in California; Withholding Tax required?

Started this discussion. Last reply by Wayne Brooks Feb 12, 2014. 6 Replies

My Short Sale Seller is a foreigner.  California requires Fed/State Tax Withholding on any sales by a foreigner.  Short Sales Net zero..does anyone know if there is an exemption for Short Sales?Continue

Tags: in, california, seller, sale, short

FNMAE increased their BPO number AFTER seeing my one offer! What to do?

Started this discussion. Last reply by Kimberley Kelly Aug 15, 2012. 11 Replies

This is my GMAC short sale (I usually love them!), but it is FNMAE as Investor and apparently, they have hired a 3rd party to negotiate for them.  I have ZERO contact with GMAC..been awful.  Listed…Continue



Started this discussion. Last reply by Kimberley Kelly Jun 4, 2012. 2 Replies

News to me.  Have a Short Sale with GMAC.  Just submitted offer  + supporting docs.  Get a call from a guy that says, "I'm working for FNMAE backed short sales..I will be your negotiator with the…Continue

Bank of America Disasterous Short Sale-APPROVED!

Started this discussion. Last reply by Bryant Tutas May 4, 2012. 1 Reply

Bank of America is not very sensible or logical..duh.  This one is a real doozey to…Continue

Tags: approved, palm, springs, sales, short


Kimberley Kelly's Page

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Certified Short Sale specialist (SFR & HAFA), and more importantly I've been negotiating with Lenders on Shorts for many years..dinasour years in the Short Sale world! I handle Short Sales because I KNOW they are better for distressed Sellers than a foreclosure is, and I enjoy helping people out of difficult situations. Visit my website for Palm Springs & La Quinta area listings and updates!

Kimberley Kelly's Blog

One of my LONGEST Short Sales in many years!

Posted on March 16, 2015 at 2:20am 1 Comment

Good grief!  Two notes..ok, I know it's going to be difficult, but so what?  Shorts Sales are never a slam dunk, and I've done so many now that that just didn't deter me. 

The first is with OCWEN, who have become much easier to deal with.  It's the second that have caused me problems.  Real Time Solutions..aaargh!!  So vague, and so not interested in making things…


La Quinta Short Sale is finally making progress!

Posted on December 1, 2014 at 3:57pm 0 Comments

I've been doing Short Sales here in the Palm Springs Valley for many years.  2013 saw a dramatic fall in the numbers of Short Sale and Foreclosed properties come up for sale in  all our Valley cities, and 2014 saw the same trend continue.  Very good for the general health of our market!

I am currently working on…


Palm Springs Valley Short Sales have plummeted!

Posted on June 16, 2014 at 10:48am 0 Comments

I'm happy to report that the total number of Short Sales here in the desert have dropped dramatically since last year.  I just took a new Short Sale Listing today, and closed one last month, but as one of the deserts' most prolific Short Sale Agents, I can report that equity Sales are beating the pants off the Shorts!  And I'm happy about that!…


Short Sales coming up in La Quinta, California

Posted on May 2, 2013 at 1:30am 0 Comments

I haven't been listing nearly as many short sales this year. There are not as many upside down homeowners here in the Palm Springs Valley, and that's a good thing!  I have also become very saavy about which short sales have the highest percentage for a successful closing.

New La Quinta short sales coming up next week …

1.  North La Quinta single-family home in…


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