Stop Foreclosure Institute of Cape Coral Assisting Homeowners in Distress

questions

 

Cape Coral FL – The Stop Foreclosure Institute recently received a question from Chad.  Here is Chad’s Question.

“I own a condo that I purchased in 2007, pre-construction for $375,000. My mortgage balance is $337,000.

“http://stopcapecoralforeclosure.info/Short Sale.Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

I have been trying to sell my unit for upwards of 2 years with no success. I have been unable to refinance because my unit is worth much less than the balance on my mortgage.

I have been denied a loan modification. I must move by this summer and do not want to make a penny on the sale. I just want to be rid of this property.

I have been advised that I would not get approved for a short sale because I do not have a financial hardship. However, I am not sure this is correct. I am seeking advice as to what my options are.” said Chad.

Here was our answer. If you are moving for a job transfer then, then you have a legitimate hardship. I do know this.

If you move in 6 months and stop making the payments, then something will need to be done. The bank will either approve a short sale or foreclose on your property.

You could try to rent the unit out and write a check every month to cover the payments. But, then you would be limping along for years until the market improved and you can sell.

But, what if things get worse? What if a tenant trashes your condo and you can’t afford the repair bill? No one wants to rent a trashed condo.

You would have a hard time covering the payments then and even risk a foreclosure. I would start the short sale process today. There is a good chance that your lender would approve a short sale today.

If not, then you could convince them to approve it later, after you have moved. Some short sale negotiators are easy to work with and will approve the short sale.

Others might play hardball and want a promissory note from you. It’s all negotiations. The sooner you start the negotiations, the sooner you can move on with your life. 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 <a href=”mailto:donnabishoprealtor@gmail.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 (239) 560-3149

Discover how other sellers successfully completed a short sale and request a free consultation by “http://stopcapecoralforeclosure.info/Short_Sale.clicking here.

Thinking about a loan modification? Our Cape Coral loan modification kit has the instructions you will need to get a loan modification approved with your bank. <a “http://stopcapecoralforeclosure.info/Loan_Modification_Secrets Click here to request a copy.

Thanks for reading this, Donna Bishop.

Donna is a Real Estate Agent at Jones & Co. Realty.

Cape Coral Short Sales Realtor

Fort Myers Short Sales Realtor

Lehigh Acres Short Sales Realtor

Lee County Florida Realtor

SW Florida Realtor

Phone: (239) 560-3149.  mailto:donnabishoprealtor@gmail.com

Share a Smile!

View My homes for sale at “http://www.swfloridabroker.com

Donna Bishop specializes in loan modification assistance and short sales in Cape Coral Florida. Cape Coral Loan Modification Help. Cape Coral Loan Modification Help. Cape Coral Short Sales Cape Coral FL Short Sale Cape Coral Short Sale Realtor Cape Coral FL Short Sales. Cape Coral Realtor.

Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.

 

Donna Bishop, Jones & Co. 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 Donna’s personal views and do not reflect the views of Jones & Co. Realty.

This information on Cape Coral Short Sales: Can I Short Sale If I Don’t Have A Normal Hardship? is provided as a courtesy to our viewers to help them make informed decessions.

calculator-300x203

Cape Coral FL – Even though lenders pretend to hate short sales, they actually benefit from short sales. Let me explain why. A lender gets to sell the house at today’s price, versus what it will be worth 6-12 months down the road. We just did a comparison and pulled up sold listings. All of the listings were the same, very comparable, and located in 3 similar, comparable neighborhoods. All were less than 2 miles apart. “http://stopcapecoralforeclosure.info/Short_Sale.Click here to discover how other sellers successfully did a short sale and avoided foreclosure. First, we looked up the average selling price per SQFT of homes that sold in a 3 month period. In spring 2009, all the homes sold for an average of $103 a SQFT. Then, we pulled up houses in the same neighborhoods that sold after the bank had foreclosed on them. Those sales were 6-9 months later than the original sales. 6-9 months later, the average sales price of a home in these neighborhoods was $85 a SQFT. These homes average 1,700 a SQFT. That means a 1,700 foreclosure sold for $30,600 less than it would have sold as a short sale six months before. Ouch! Sure, most short sales are cheaper than comparable bank owned or “seller with equity” sales. But, we’re bringing a tremendous amount of value to the bank. The other person that’s getting value is the buyer. They get a better deal in today’s market than buying a “seller with equity” or REO. You, the seller is also getting a better deal. You get a lower deficiency and your credit is back to normal in 18-24 months. 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 :donnabishoprealtor@gmail.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 (239) 560-3149 Discover how other sellers successfully completed a short sale and request a free consultation by “http://stopcapecoralforeclosure.info/Short_Sale.Thinking about a loan modification? Our Cape Coral loan modification kit has the instructions you will need to get a loan modification approved with your bank.”http://stopcapecoralforeclosure.info/Loan_Modification_Secrets.html“>Click here to request a copy. Thanks for reading this, Donna Bishop. Donna is a Real Estate Agent at Jones & Co. Realty. Former Owner/Broker of A & B Mortgage Brokers of Florida Cape Coral Short Sales Realtor Fort Myers Short Sale Realtor Lehigh Acres Short Sales Realtor Lee County Florida Realtor SW Florida Realtor Phone: (239) 560-3149. :donnabishoprealtor@gmail.com” Share a Smile! View My homes for sale at “http://www.swfloridabroker.com” Donna Bishop specializes in loan modification assistance and short sales in Cape Coral Florida. Cape Coral Loan Modification Help. Cape Coral Loan Modification Help. Cape Coral Short Sales Cape Coral FL Short Sale Cape Coral Short Sale Realtor Cape Coral FL Short Sales. Cape Coral Realtor. Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved. Important Notice</strong></font> Donna Bishop, Jones & Co. 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 Donna’s personal views and do not reflect the views of Jones & Co. Realty. This information on Who Benefits From A Cape Coral Short Sale? is provided as a courtesy to our viewers to help them make informed decisions.

deadline-300x238Cape Coral FL – The Stop Foreclosure Institute gets asked this question quite a bit. The answer depends on the type of loan you are looking to use to purchase your next home.

Here are the details on your options to buy another home after a short sale.

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

Owner Financing. You can buy a home with owner financing anytime after a short sale.

FHA Financing. (FHA is very popular because it only requires you to put down 3.5% and pay your closing costs. You  can usually convince the seller to pay your closing costs, thereby reducing your down payment to 3.5% of the purchase price.)

FHA’s current guidelines state that you can get an FHA loan immediately after a short sale, provided that you never missed a payment. If you were in default at the time of the short sale, then you have to wait 3 years before they will approve your loan.

Fannie Mae Loan.Fannie Mae is the most common loan program. You can get a Fannie Mae Loan in as little as 2 years after a short sale. But, you have to put 20% down.

If you wait 4 years, then you have to put a minimum of 10% down. After 7 years, you can get a Fannie Mae Loan and put less than 10% down.

The most attractive (and currently most popular) loan program in America is FHA. The reason is because it’s down payment requirements are much lower than anyone else. It looks like the best option to buy your next home after 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 <a href=”mailto:donnabishoprealtor@gmail.com“>donnabishoprealtor@gmail.com</a>. 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 (239) 560-3149

Discover how other sellers successfully completed a short sale and request a free consultation by <a href=”http://stopcapecoralforeclosure.info/Short_Sale.html“>clicking here</a>.

Thinking about a loan modification? Our Cape Coral loan modification kit has the instructions you will need to get a loan modification approved with your bank. <a href=”http://stopcapecoralforeclosure.info/Loan_Modification_Secrets.html“>Click here to request a copy.</a>

Thanks for reading this, Donna Bishop.

Donna is a Real Estate Agent at Jones & Co. Realty.

Former Owner/Broker of A & B Mortgage Brokers of Florida

Cape Coral Short Sales Realtor

Fort Myers Short Sales Realtor

Lehigh Acres Short Sales Realtor

Lee County Florida Realtor

SW Florida Realtor

Phone: (239) 560-3149. mailto:donnabishoprealtor@gmail.com

Share a Smile!

View My homes for sale at  www.swfloridabroker.com

Donna Bishop specializes in loan modification assistance and short sales in Cape Coral Florida. Cape Coral Loan Modification Help. Cape Coral Loan Modification Help. Cape Coral Short Sales Cape Coral FL Short Sale Cape Coral Short Sale Realtor Cape Coral FL Short Sales. Cape Coral Realtor.

Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Donna Bishop, Jones & Co. 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 Donna’s personal views and do not reflect the views of Jones & Co. Realty.

This information on How Long Do I Have To Wait After A Cape Coral Short Sale To Buy Another Home? is provided as a courtesy to our viewers to help them make informed decision.

The Stop Foreclosure Institute recently received a question from Cathy. Here was her question.

“I am trying to buy a house that is a short sale. It has been 4 months and we have heard nothing. The agent did mention that they are now on the 2nd negotiator and still haven’t heard from the negotiator.

I am getting very frustrated. Is there anything I can do on my end to try to push the process along, or is it all up to the agents? Cathy.”

<a href=”http://stopcapecoralforeclosure.info/Short_Sale.html“>Click here to discover how other sellers successfully did a short sale and avoided foreclosure.</a>

<strong>Here was our answer to Cathy. </strong>Cathy, short sales can take a long time. But, usually the longest they should take is 3-4 months.

If the short sale hasn’t been approved by the end of 4 months, then it probably won’t be approved by the end of 12 months. I remember reading an article online about why the short sale process takes 9-12 months.

The author just broke each part down and justified why the entire process should take that long. I don’t think the author knew what he was talking about.

The Stop Foreclosure Institute has been able to get short sales approved as fast as 1 month. Most have been approved before the end of 3 months.

You mentioned that the agent “still hasn’t heard from the negotiator.” Did they ever think of maybe trying to contact the negotiator? It’s their job to help the seller sell their house and avoid foreclosure.

Calling the negotiator is part of the job. If I was you, I would find another short sale where the listing agent is experienced with short sales and doesn’t wait for the negotiators to call them.

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 <a href=”mailto:donnabishoprealtor@gmail.com“>donnabishoprealtor@gmail.com</a>. 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 (239) 560-3149

Discover how other sellers successfully completed a short sale and request a free consultation by <a href=”http://stopcapecoralforeclosure.info/Short_Sale.html“>clicking here</a>.

Thinking about a loan modification? Our Cape Coral loan modification kit has the instructions you will need to get a loan modification approved with your bank. <a href=”http://stopcapecoralforeclosure.info/Loan_Modification_Secrets.html“>Click here to request a copy.</a>

Thanks for reading this, Donna Bishop.

Donna is a Real Estate Agemt at Jones & Co. Realty.

Former Owner/Broker of A & B Mortgage Brokers of Florida

Cape Coral Short Sales Realtor

Fort Myers Short Sales Realtor

Lehigh Acres Short Sales Realtor

Lee County Florida Realtor

SW Florida Realtor

L

Phone: (239) 560-3149. <a href=”mailto:donnabishoprealtor@gmail.com“>donnabishoprealtor@gmail.com</a>.

Share a Smile!

View My homes for sale at <a href=”http://www.swfloridabroker.com“>www.swfloridabroker.com</a>. <a href=”http://”></a>

Donna Bishop specializes in loan modification assistance and short sales in Cape Coral Florida. Cape Coral Loan Modification Help. Cape Coral Loan Modification Help. Cape Coral Short Sales Cape Coral FL Short Sale Cape Coral Short Sale Realtor Cape Coral FL Short Sales. Cape Coral Realtor.

Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.

<font size=”+1″><strong>Important Notice</strong></font>

Donna Bishop, Jones & Co. 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 Donna’s personal views and do not reflect the views of Jones & Co. Realty.

This information on Cape Coral Short Sales: Why Is The Short Sale Taking So Long? is provided as a courtesy to our viewers to help them make informed decisions.

 

 

debt-300x300Cape Coral Fl – We got an e-mail today with the subject line of “Bankruptcy will get your finances back on track.” People think that a bankruptcy will cleanse them of their debts. that is a myth. Here is why.

Do you owe more than your home is worth and want to avoid bankruptcy? You can avoid bankruptcy with a short sale and get all the upside down mortgage debt forgiven. Get more info here.
Yes, it’s true, that Chpter 7 Bankruptcy will release a debtor of all debts. The problem is that the bankruptcy laws were changed in 2005.
This law makes it much harder to file a Chapter 7 bankruptcy. Now the judges have to steer debtors towards a Chapter 13. What does a Chapter 13 bankruptcy mean?

It means that a debtor will have to repay part (id not all) of their debts. In additioa, the debtor has their finances managed by the bankruptcy trustee. And, the debtor has to pay that trustee!

If a person just stops paying their debts, then they can actually pay less money than they would with a Chapter 13 bankruptcy. Fortunately the laws are written in your favor. The debt collection process is tough.

Most big companies don’t have the stomach to do the hard work of collecting money. That is why they frm that hard work out to a collection agency. What does the collection agency do? They just call the debtor over and over again.

Very few collection agencies are going to do what is actually necessary to force the borrower to pay. Than that is to file a lawsuit. If they ever o file a lawsuit, the court system is so backed up that it is hard to get a judgment. And what good does a judgement do them?

Statistics show that only 20 % of all judgments ever get collected. Even if they attempt to garnish your wages, you can contest their garnishment. You can stop paying your unwanted debts, ignor the debt collectors and in 2 – 3 years be back on track. At that time, you will be much better off versus a bankruptcy which stays on your credit for 7 years.

If you are short selling your property, then you need a persistenct, experienced short sale agent. You can call me at (239) 560-3149 When you call, I will explain how the process works in detail and answer any questions you may have. Discover how other sellers successfully completed a short sale and request a free consultation.

Our Cape Coral loan modification kit has the instructions you will need to get a loan modification approved with your lender.

Thanks for reading this, Donna Bishop
Donna is a Real Estate Agent with Jones and Company Realty,
Former Owner/Broker of A & B Mortgage Brokers of Florida.
Cape Coral Short Sales Realtor
Fort Myers Short Sales Realtor
Lehigh Acres Short Sales Realtor
Lee County Florida Realtor
SW Florida Realtor

“Share a Smile”

Donna Bishop
Short Sale Expert
Loan Modification Specialist
Senior Real Estate Specialist

email: donnabishoprealtor@gmail.com

View all my listings: http://SWFloridaBroker.com.
Cape Coral Short Sales Realtor. Fort Myers Short Sales Realtor, Lehigh Acres Short Sales Realtor

My purpose is for You to be so outrageously happy with the help I provide You that you’ll gladly introduce me to the people you really care about. In order to make that happen:

Your Consultant, Your Negotiator, Your Overseer of the Transaction Details. “Most of All”  I am Your Trusted Real Estate Advisor.

 

caption id=”attachment_1830″ align=”alignright” width=”300″ caption=”If you wait for the bank to call you, then the short sale will never be approved. “][/caption]Cape Coral FL – The Stop Foreclosure Institute recently received a question from Cathy. Here was her question.

“I am trying to buy a house that is a short sale. It has been 4 months and we have heard nothing. The agent did mention that they are now on the 2nd negotiator and still haven’t heard from the negotiator.

I am getting very frustrated. Is there anything I can do on my end to try to push the process along, or is it all up to the agents? Cathy.”

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

Here was our answer to Cathy. Cathy, short sales can take a long time. But, usually the longest they should take is 3-4 months.

If the short sale hasn’t been approved by the end of 4 months, then it probably won’t be approved by the end of 12 months. I remember reading an article online about why the short sale process takes 9-12 months.

The author just broke each part down and justified why the entire process should take that long. I don’t think the author knew what he was talking about.

The Stop Foreclosure Institute has been able to get short sales approved as fast as 1 month. Most have been approved before the end of 3 months.

You mentioned that the agent “still hasn’t heard from the negotiator.” Did they ever think of maybe trying to contact the negotiator? It’s their job to help the seller sell their house and avoid foreclosure.

Calling the negotiator is part of the job. If I was you, I would find another short sale where the listing agent is experienced with short sales and doesn’t wait for the negotiators to call them.

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 donnabishoprealtor@gmail.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 (239) 560-3149

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

Thinking about a loan modification? Our Cape Coral 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, Donna Bishop.

Donna is a Real Estate Agent at Jones & Co. Realty.
Former Owner/Broker of A & B Mortgage Brokers of Florida
Cape Coral Short Sales Realtor
Fort Myers Short Sales Realtor
Lehigh Acres Short Sales Realtor
Lee County Florida Realtor
SW Florida Realtor

Phone: (239) 560-3149. donnabishoprealtor@gmail.com.

Share a Smile!

View My homes for sale at www.swfloridabroker.com.

Donna Bishop specializes in loan modification assistance and short sales in Cape Coral Florida. Cape Coral Loan Modification Help. Cape Coral Loan Modification Help. Cape Coral Short Sales Cape Coral FL Short Sale Cape Coral Short Sale Realtor Cape Coral FL Short Sales. Cape Coral Realtor.

Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Donna Bishop, Jones & Co. 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 Donna’s personal views and do not reflect the views of Jones & Co. Realty.

This information on Cape Coral Short Sales: Why Is The Short Sale Taking So Long? is provided as a courtesy to our viewers to help them make informed decisions.

Your upside down home should not be a burden to you.

Cape Coral FL – We at the Stop Foreclosure Institute receive calls all the time that go something like this “I have fought the bank for year and half, and after paying thousands and thousands I have decided to short sale, can you help me”?

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

Because of this, I decided to break down the reasons to short sale your home. In addition I added in a few reasons you should NOT consider A Short Sale:

Do NOT Short Sale if the value of your home is appreciating more then 5% a year. I have found that once you are upside down on your home more than 10%, then in most cases the housing market has dug a hole that no amount of financial superman work can get you out of.

Short Sale if you are a financial superman. If you are a CPA or Harvard Grad Number Cruncher, then you understand that numbers are more important than warm and fuzzy thinking.

Take a look at GM and all the businesses that go “Short Sale.” You can call it that. They know the numbers the numbers are what matter to them. If you are too far upside down, then is better to walk away from the debt and start over.

Do NOT Short Sale if you are going to make TONS of money in the future! You can probably convince your lender to grant you a loan modification and get back on your feet.

Short Sale if you can find a rental home comparable to your home. You have to live somewhere. We have seen lots of homeowners find a nicer home to rent for a lower monthly payment than their “upside down” home.

They Short Sold their house and were able to live a happier, more stress free life afterwards.

Do NOT Short Sale if you think that you are different from large Wall Street Firms that willingly walk away from their obligations.

You believe that your finances should not be run like a business, you should never retire, and that people in debt deserve to work 80 hours a week for the rest of their life until they pay off their debt.

This one drives me nuts. It is ok for Morgan Stanley to strategically walk away from their obligations on 5 San Francisco Towers they bought, but it’s not ok for “Average Joe Homeowner” to walk away from his upside down house?

What is wrong with the moral compass here? It is ok for a business to re-negotiate their debts with banks, but it is wrong for a homeowner to do it!

Are you crazy? Why do banks write off millions in debt for businesses while the homeowners should pay forever and never get a real loan mod? I guess they figure that homeowners not good business people and will allow the bank to push them around.

As you can see, when you run the numbers Short Sales almost ALWAYS make financial sense. Staying in a home that is upside down makes lousy financial sense, unless you get an awesome loan mod.

Now those are my opinions, and those points do not apply to every situation. What I am saying is that you really should look at your home as a financial investment, NOT a stone around your neck.

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 donnabishoprealtor@gmail.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 (239) 560-3149

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

Thinking about a loan modification? Our Cape Coral 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, Donna Bishop.

Donna is a Real Estate Agent at Jones & Co. Realty.
Former Owner/Broker of A & B Mortgage Brokers of Florida
Cape Coral Short Sales Realtor
Fort Myers Short Sales Realtor
Lehigh Acres Short Sales Realtor
Lee County Florida Realtor
SW Florida Realtor

Phone: (239) 560-3149. donnabishoprealtor@gmail.com.

Share a Smile!

View My homes for sale at www.swfloridabroker.com.

Donna Bishop specializes in loan modification assistance and short sales in Cape Coral Florida. Cape Coral Loan Modification Help. Cape Coral Loan Modification Help. Cape Coral Short Sales Cape Coral FL Short Sale Cape Coral Short Sale Realtor Cape Coral FL Short Sales. Cape Coral Realtor.

Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Donna Bishop, Jones & Co. 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 Donna’s personal views and do not reflect the views of Jones & Co. Realty.

This information on Cape Coral Short Sales: Should I Short Sale or Keep trying to Save the House? is provided as a courtesy to our viewers to help them make informed decisions.

Cape Coral FL – A short sale is the best option to erase upside down mortgage debt. A homeowner can often erase hundreds of thousands of dollars in debt.

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

I assume that you are looking to short sale for the following reasons.

1. Debt Reduction. You want to short sale and wipe out the upside down debt. You can’t afford or don’t want to repay the upside down debt.

2. You are willing to suffer the resulting credit damage a short sale will bring. Part of your rational is that the credit damage will be well worth the resulting reduction in debt.

If you are going to suffer the credit damage, then you might as well wipe out the rest of your debt at the same time. Make sense?

Here are a few debts you can erase at the same time when you are short selling your house.

* Credit card debts. You can often re-negotiate better terms on your credit card debts. An interest rate reduction from 18% to 10% will make a huge difference on your monthly payments.

You can even just go “cold turkey” on these debts and just stop paying them at all. Many of them will settle with you for as low as 50% of the balance owed.

If you wait for 6 months, then you can sometimes settle for even less than 50%.

* Car loans. Many people have been able to negotiate a lower interest rate on their car loans. This results in a lower monthly payment.

* Other unsecured loans. You can re-negotiate better terms with these lenders or just stop paying them altogether.

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 donnabishoprealtor@gmail.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 (239) 560-3149

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

Thinking about a loan modification? Our Cape Coral 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, Donna Bishop.

Donna is a Real Estate Agent at Jones & Co. Realty.
Former Owner/Broker of A & B Mortgage Brokers of Florida
Cape Coral Short Sales Realtor
Fort Myers Short Sales Realtor
Lehigh Acres Short Sales Realtor
Lee County Florida Realtor
SW Florida Realtor

Phone: (239) 560-3149. donnabishoprealtor@gmail.com.

Share a Smile!

View My homes for sale at www.swfloridabroker.com.

Donna Bishop specializes in loan modification assistance and short sales in Cape Coral Florida. Cape Coral Loan Modification Help. Cape Coral Loan Modification Help. Cape Coral Short Sales Cape Coral FL Short Sale Cape Coral Short Sale Realtor Cape Coral FL Short Sales. Cape Coral Realtor.

Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Donna Bishop, Jones & Co. 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 Donna’s personal views and do not reflect the views of Jones & Co. Realty.

This information on Short Selling Your Cape Coral House? Why Not Get Out Of Debt At The Same Time? is provided as a courtesy to our viewers to help them make informed decisions.

Cape Coral FL – If you get annoyed at your bank, then here are a few methods you can use to let the world know about your lender’s failings.

One technique is a rip off report. Just put all the information onto www.ripoffreport.com. Just be sure to detail stuff that will hurt them.

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

You will want to put the CEO’s name into your report. You can also put down keywords like “Lender Name Loan.” When someone searches Google for your lender’s name and loan, your post might just show up.

Don’t talk about your lender only. Target the keywords that bring them business.

Another place to file your complaints is on your review for your local Lender on Google Maps. Lots of consumers search for a bank location on Google Maps. They will see the reviews when they pull them up.

One other technique that would be great is Wikipedia. I don’t have enough time to figure out how Wikipedia works, but that is an idea for anyone who wants to try it out.

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 donnabishoprealtor@gmail.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 (239) 560-3149

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

Thinking about a loan modification? Our Cape Coral 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, Donna Bishop.

Donna is a Real Estate Agent at Jones & Co. Realty.
Former Owner/Broker of A & B Mortgage Brokers of Florida
Cape Coral Short Sales Realtor
Fort Myers Short Sales Realtor
Lehigh Acres Short Sales Realtor
Lee County Florida Realtor
SW Florida Realtor

Phone: (239) 560-3149. donnabishoprealtor@gmail.com.

Share a Smile!

View My homes for sale at www.swfloridabroker.com.

Donna Bishop specializes in loan modification assistance and short sales in Cape Coral Florida. Cape Coral Loan Modification Help. Cape Coral Loan Modification Help. Cape Coral Short Sales Cape Coral FL Short Sale Cape Coral Short Sale Realtor Cape Coral FL Short Sales. Cape Coral Realtor.

Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Donna Bishop, Jones & Co. 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 Donna’s personal views and do not reflect the views of Jones & Co. Realty.

This information on Cape Coral Short Sales: How To Publicize Your Lender’s Failings is provided as a courtesy to our viewers to help them make informed decisions.

Cape Coral FL – Here is a story that illustrates this point. An agent I know was hired to sell a 30 acre tract of land.

Several months earlier they had spoken with a buyer that was looking for a similar property.

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

However, the buyer had said they were looking for something closer into town. So the agent never told them about the 30 acres.

Another agent did tell them about it. They notified the buyers about the property and they decided to buy it.

In this case, the seller was fortunate that the property sold. But, it illustrates the importance of a realtor marketing their homes to their active buyers.

Those buyers already know and trust that realtor. They are the most likely prospects to buy the homes that agent has for sale.

I can help you short sale your property and get back on your feet. Send me an e-mail at donnabishoprealtor@gmail.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 (239) 560-3149

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

Thinking about a loan modification? Our Cape Coral 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, Donna Bishop.

Donna is a Real Estate Agemt at Jones & Co. Realty.
Former Owner/Broker of A & B Mortgage Brokers of Florida
Cape Coral Short Sales Realtor
Fort Myers Short Sales Realtor
Lehigh Acres Short Sales Realtor
Lee County Florida Realtor
SW Florida Realtor

Phone: (239) 560-3149. donnabishoprealtor@gmail.com.

Share a Smile!

View My homes for sale at www.swfloridabroker.com.

Donna Bishop specializes in loan modification assistance and short sales in Cape Coral Florida. Cape Coral Loan Modification Help. Cape Coral Loan Modification Help. Cape Coral Short Sales Cape Coral FL Short Sale Cape Coral Short Sale Realtor Cape Coral FL Short Sales. Cape Coral Realtor.

Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Donna Bishop, Jones & Co. 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 Donna’s personal views and do not reflect the views of Jones & Co. Realty.

This information on A Common Cape Coral Short Sale Marketing Mistake: Not Marketing Your Home To Their Buyers is provided as a courtesy to our viewers to help them make informed decisions.

Older Posts »