Real Estate Short Sales

You are currently browsing the archive for the Real Estate Short Sales category.

To check out the industry’s most effective solution when it comes to coordinating short sale transactions in record time head over to QuickSale.com.

1 comment

This is a “SMART” car for more than one reason.

It was spotted in a Home Depot parking lot over the weekend near our corporate headquarters in Boca Raton, Florida. As you can see, the energy-conscious vehicle stands apart from the endless sea of cars in the crowded parking lot.

And not just because of it’s unique compact design.

Leveraging a small space, this real estate agent tandem took an opportunity to promote their services within the community by wrapping the car with a clever marketing message. Without the message it’s just another SMART car driving around town.

In this tough economic climate, successful agents are going above and beyond the ordinary methods of building their businesses. What worked five years ago doesn’t necessarily cut it anymore. And since more than 70 percent of homebuyers start their real estate searches online, expensive traditional print ads just don’t have the same impact … or return on investment.

Indeed, homebuyers today are savvy — they understand what’s going on around them and are looking to save big money on home purchases. This reality is underscored with preforeclosures and foreclosures selling at a rate of 2-1 over non-distressed real estate.

So bargain shoppers are out on the Internet in full force. It’s no coincidence, therefore, that most of them end up on Foreclosure.com — the name says it all.

Many of the folks who search Foreclosure.com do not currently have agent representation. It’s the reason we launched our Community Expert Program, which provides exactly what it says — a community agent expert to help homebuyers achieve their goals of homeownership.

Many of our agents have had overwhelming success with this program. It accomplishes two things:

  1. Assists homebuyers with finding incredible deals
  2. Directs homebuyers to the “cream-of-the crop” agents in their communities

Homebuyers can find community experts on each property details page just under the listing address. An agents name, photo and complete contact info are displayed. So just do a quick home search on Foreclosure.com and you will be on your way toward connecting with the community expert in your area.

If you are an agent who would like to be considered as a community expert click here.

No comments

Sun Sentinel has a compiled a simple and neat list, which you should always keep in mind:

Be patient. It takes time for the seller’s lender to review the buyer’s offer. While many lenders are moving faster, eight to 12 weeks is not unrealistic.

Be prequalified for a mortgage or pay cash. Many buyers have their financing fall through in the final hour, wasting everybody’s time.

Be prepared. Ensure that a qualified real estate agent or attorney is negotiating your offer on behalf of the seller. Many agents say they have the experience to negotiate the short sale, but they actually have a poor track record. Ask the agents how many short sales they’ve handled and how many they’ve closed.

Be responsive. Respond to e-mails and phone calls from your real estate agent.

This is a good start that should provide you with a general idea about what to expect when it comes to the short sale process. But it certainly won’t be enough to help you negotiate and close a deal of your own if you are relatively new to the concept.

Foreclosure.com can help.

We have several online educational opportunities available On Demand, including Short Sale Negotiation, Short Sale Package and Profit Big: The Lease Option Secret, which you can order, watch and learn from instantly from the comfort of your own home or office.

In addition, we have a nationwide network of highly trained real estate professionals who have completed rigorous training on the short sale process and have earned Certified Foreclosure Agent certification from Foreclosure.com Agent University.

So be sure to get the latest on this red hot real estate technique courtesy of Foreclosure.com … we’ve got you covered!

2 comments

short sale

Foreclosure situations are surging nationwide, creating real estate investment opportunities that are simply out of this world.

Short sales, in particular, are gaining serious steam.

Essentially, a short sale is when a homeowner facing foreclosure sells his or her home — with the consent of the respective money lender — for less than what is owed to the bank.

It’s a great option for distressed homeowners who want to avoid foreclosure and the crushing personal credit consequences that come along with it. On the other hand, working out a short sale deal can save buyers/investors (yes, we’re talking to YOU) a ton of money on their home purchases/investments.

In our most recent edition of “Investment Exchange” — our free educational real estate newsletter — we dive into short sales head first, covering everything from where to find them to how to negotiate the perfect deal that’s right for you.

To check the December 2008 short sale installment and all of the others click here.

Remember that “Investment Exchange” is a FREE resource that Foreclosure.com provides its site visitors. Sign up to receive the educational real estate newsletter each month at no cost right here.

1 comment

In an effort to stem the foreclosure tide, Foreclosure.com and LoanResolve.com have joined forces to help connect distressed homeowners with potential buyers, working direct with their lenders to negotiate reduced purchase prices that will appeal to homebuyers and investors.

It’s a process that is often referred to as a “short sale;” however, LoanResolve and Foreclosure.com will simplify and shorten what is often a complicated and lengthy process.

Here are some thoughts from Foreclosure.com Founder, President and CEO, Brad Geisen, on the exciting new partnership:

“Between both companies we have relationships with most if not all of the major lenders today. We can work with them and the homeowners to reach favorable solutions that help reduce foreclosure situations, provide relief for distressed homeowners and create deals for future homeowners.”

According to Geisen, it’s an all around win-win situation for everyone involved because literally no one usually wins in a property foreclosure.

LoanResolve, which has designed a state–of-the-art foreclosure resolution and loan modification engine, helps distressed homeowners avoid foreclosures by working within their lenders’ loan resolution, loan modification and short sale processing services to quickly implement solutions that ensure compliance with lender requirements.

In fact, LoanResolve offers borrowers an online tool that helps them proactively research ways to resolve a delinquent or potentially delinquent loan with their lenders. As a last resort the company provides an online tool to quickly process property sale transactions.

Based on information borrowers provide concerning their loans and their lenders available resolution options, LoanResolve assists the borrower and lender in coordinating rapid approvals toward resolutions.

Once this rapid process is complete, Foreclosure.com will then list those properties on its Web site and drive traffic to them –- more than five million interested buyers each month. In addition, Foreclosure.com will provide visitors with the opportunity to make offers and contact the listing brokers for more information on the featured listings.

Here’s LoanResolve President, Jim McArthur:

“The flexibility and compliance expertise that LoanResolve offers with its document solutions is the right fit for Foreclosure.com’s short sale property liquidation needs. We work closely with both the lender and borrower in developing and executing solutions lenders can quickly implement.”

For more information and to learn more about how to either search these short sale listings or to have your home listed among them just click here.

No comments
Page 2 of 3«123»
Privacy Policy | Terms and Conditions of Service
© Foreclosure.com / ForeclosureFreeSearch, Inc. 1999-2009. All Rights Reserved.

Foreclosures | Foreclosure Listings