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Monthly Archives: May 2013

A short sale in Temecula,CA

A short sale in Temecula CA 
can be your best option this year if you need to sell your property.

2013 is turning out to be the best year for homeowners needing to sell their properties using the short sale process. All sorts of protections and programs have come together this year to help.

  1. Calif Homeowners Bill of Rights
  2. H.A.F.A  the US Treasury program
  3. Lender incentives to cooperate in the short sale $$
  4. Senate Bill SB458 – No Deficiency
  5.  And Realty Works Temecula where you will find the best Temecula Short Sale Agents.

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Bank of America replies to Temecula Short Sale Agents at Realty Works.

Bank of America does listen to my blog  posts.They are listening

Earlier this week I vented my frustration with a Bank of America short sale in a blog post  on ActiveRain.
This is that post.

Today I received a call from Sheri, she said she is with Bank of America Social and had read my blog post and wanted to help.
I listened to what she had to say all the while I am thinking it’s nice to receive a call from BOA but did not think or expect any real help.I thanked her for the call and continued on with my day.

One hour later I received another call from BOA it was a miffed Bank of America negotiator.He was doing a great backpedal as to why he has ignored my many calls and emails to him.This very day today he emailed me three times and reviewed my clients file with a fresh new prospective.The documents I had sent him over a month ago found their way to him as if by magic!

WOW!… Bank of America does listen to our blog posts. Thanks Sheri at the Bank of America Social dept.

Temecula Short Sale Agent, Cyber Sid at your service,Short Sale QR Code

by Sidney Kutchuk  AKA…Cyber Sid
      SHORT SALE AGENT    www.aShortSale.com
   CALL ME, 951.217-6745 cell

 41720 Winchester Rd #I  Temecula Calif. 92590      951-217-6745    DRE# 01156692   Google me

Find Realty Works Temecula on Google+

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Got HAFA and two home loans = a difficult Short Sale.

Got HAFA and two home loans. Well your short sale will be a bit more difficult for your short sale agent to get approved. It used to be that the second lender would be happy to sign off for $6,000.00 and allow you out of their loan. Under HAFA guidelines your first lender can offer them up to $8,500.00 to release your second lien. Lately I have been running into short sales were the 2nd states they will not allow the short sale to continue unless they get the full $8,500.00

HAFA is a set of guidelines for lenders to follow, but that’s it they are just guidelines. Many first lender will only offer 6% to 8% of the amount owed up to the maximum of $8.500 which ever is less to a second lien holder. Example you owe $70,000 to the second lender the first will offer $5,600.00 but the second stonewalls your short sale agent for the full $8,500.00. Your short sale agent has to fight with both your lenders to get your short sale approved. Get a short sale expert to fight the good battle and get your short sale approvedShort Sale agents at battle for you

HAFA = Home Affordable Foreclosure Alternatives. One benefit to the home owner via the HAFA short sale process is the relocation help you the seller will receive at the closing in the amount of $3,000.00 and a complete release of the balance owed period. you get a fresh start.

 

Temecula Short Sale Agent, Cyber Sid at your service,Short Sale QR Code

by Sidney Kutchuk  AKA…Cyber Sid
      SHORT SALE AGENT    www.aShortSale.com
   CALL ME, 951.217-6745 cell

 41720 Winchester Rd #I  Temecula Calif. 92590      951-217-6745    DRE# 01156692   Google me

Find Realty Works Temecula on Google+

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