Archive

Monthly Archives: March 2012

HAFA 2012 UPDATE

HAFA UPDATE March 2012…..

Home Affordable Foreclosure Alternatives Program (HAFA)

The following updates were made to the HAFA Program:

  • The deadline for HAFA has been extended. A borrower now has until December 31, 2013 to submit a Short Sale Agreement or a written request for a consideration for a Short Sale Agreement to be eligible for HAFA.

  • There are no longer any occupancy requirements for HAFA eligibility. (Before the update the property had to be occupied as the borrower’s primary residence at some point within the prior 12 months).

  • 2nd liens can now get up to $8,500. (It was $6,000).

  • Servicers can now accept a full payment, if the borrower requests to make a full contractual payment in order to stay current on the loan.

    Contact Realty Works Temecula for more information. 951-215-6745
    Sidney Kutchuk – Temecula Short Sale Agent – Certified HAFA Short Sale Agent. 

.

Is it really FREE to use a Temecula Short Agent?

Is it really FREE to use a Temecula Short Agent?

Yes. Temecula Homeowners facing foreclosure do not have to worry about paying the normal selling costs charged by real estate agents. When you need the best Temecula Short Sale Agent you get him FREE!

As your Temecula Short Sale Agent you pay none of the following….

NO COMMISSIONS
NO ESCROW FEES
NO TITLE FEES
NO BUYERS COSTS
NO HOA TRANSFER COSTS

Plus you are released 100% from any past due mortgage fees and all principal and interest owned to your lender. As your Temecula short sale agent I also make sure the buyer is aware you are not going to cover any repair or termite issues.

As your Temecula Short Sale Agent I can keep your sale low-key with…..

NO FOR SALE SIGN IN YOUR YARD
NO LOCK BOX ON YOUR DOOR
NO DRAMA
NO PARADE OF AGENTS THROUGH YOUR HOME

Take advantage of my 17 years of doing short sales here in Temecula Ca. Ask me about the incentives offered by many lenders to help you with relocation costs.

Call Sidney Kutchuk 951-215-6745 or click Temecula Short Sale Agent

.

The many confusing parts of a short sale.

The many confusing parts of a short sale.

By now you have most likely found out that short sales are neither short nor well defined. In fact their rather confusing.
Once your decide to go forward with a short sale you focus on what your short sale agent told you to do and what to and expect of your lender. Then your lender throws you a curve ball. Your lender wants to work with you right? Then why do they do these confusing things during your short sale?

You get calls,  from their collections department,this dept has no clue your doing a short sale nor do they care,their job is to get you to make a payment. Don’t ignore them, answer the phone and take control. Tell them your doing a short sale and give them your short sale agents direct phone number. After hearing this a few time they will stop calling.

You get mail, all sorts of mail, duplicate mailings over and over again. Don’t ignore these mailings your lender has to comply with many rules and regulation. Make sure your short sale agent get a copy of all mail sent to you. Be aware that your lender will still be minding the time frames required to take your home to sale via a foreclosure even while your working on a short sale.

You get people,  coming to your door to talk to you about your options to foreclosure. What! Doesn’t your bank know by now that your doing a short sale? Another disconnect here. Just again tell this person your doing a short sale and give them your short sale agents business card. Many times these bank reps are just sent out by your lender to check and see if your home is occupied.

There are many other confusing parts to a short sale. Don’t make the mistake of not having the best short sale agent on your side.

You need a short sale specialist.
It’s critical to have the best local short sale agent working for you and showing you the way through the short sale maze. 
I am a Temecula Short Sale Specialist. I will show you how I can unconfuse the short sale process. Put my 17 years of Short Sale experience to work for you. 

Sidney Kutchuk, Realty Works Temecula.  951-215-6745  .