Is a Short Sale Right For Me?

http://www.reallynicehomes.com/blog/what-better-doing-one-short-sale-two/

"What is better than doing one short sale?  

TWO!"

Short Sales have been the salvation for a  lot of the homeowners we helped so far. . .

What can be a better solution?

Your house is upside down by thousands of dollars. 

Your equity may break even with your mortgage in 15 years,

15 years of paying and paying just tor break even? 

So, you've decided to go forward on a short sale. .

You have a legitimate hardship and the lender accepts the short sale

You have another upside down property that is an investment. .

The same hardship can be applied here. . "resetting" your real estate holdings to short sales all at one time. .

and start fresh once again. .

The question is. . .

Is a Short Sale Right For Me?



I invite you to read some of my own publications about short sales and loan modifications. . 

               

          

     

More Short Sale Information HERE 

Fernando Herboso is the author for the above eBooks. 

Fernando is available to consult with you about your short sale situation. .if you live in MD, DC or VA by calling 240-426-5754

Land The Opportunity . Seriously!

http://www.reallynicehomes.com/blog/land-opportunity-seriously/ Search Homes Our Selling Fees Foreclosures Short Sales

MD Land . . "Land" the Opportunity!

They aren't making any more land...Heard that before?

One thing not too many people are talking about these days is land.

The builders aren't building like they did a few years ago. .and many "LAND SELLERS" need the cash to supplement a lifestyle that no longer is availbale becuse of the economic conditions in our country.

Furthermore, not  many folks have the capital laying around for a safe passive investment in land.

Which could be good for you. if you have the money.

You'll have less competition... the "pick of the litter" 

Instead of buying Facebook shares..just sayin'. .

If you can afford to invest for the long haul -- you might hit some "home runs" if you buy now and hold till the market really comes back.

In case you or someone you know wants to explore this further here's a link to some lots and land currently available for sale in the area.

With the rampant development that happened in Maryland the last few years. .and the HALT that occurred soon after. . the purchase of land is becoming more and more secure in terms of investment.

Have you ever wandered around the undeveloped areas in Montgomery County Maryland for example  and wondered who owns them? Or maybe you have seen those  "land for sale" signs on open lots and fields that are rusted and old. Well, people are starting to realize that LANDING a GREAT DEAL is possible if you do your homework and hired a real estate agent that knows where the deals are.

 When you get down to really explore land as an investment opportunity. .

You can start with the first step. . 

SEARCH ALL LAND FOR SALE IN MARYLAND HERE

Feel free to email, call or text me back with any questions...

 Fernando Herboso - 240-426-5754

Fernando Herboso | Carlos Herboso | Stephanie Reilly | Hilda Rocha | Susan Cadima | Gale James 

                                   240-426-5754       240-671-5542    301-704-1616                                                       703-928-8111

Maryland Principal Broker : Fernando Herboso

 Virginia & DC Broker : Gale L. James |Relocation Express|

Herboso & Associates LLC | 301-246-0001 

Maryland | DC | Virginia  

www.ReallyNiceHomes.com

www.Short-Sales-Expert.com 

How much will a short sale cost me after all?

http://www.reallynicehomes.com/blog/how-much-will-short-sale-cost-me-after-all/

How much will a short sale cost me after all?

 Who pays the commission in a Short Sale?Who pays the closing costs?
Who pays any seller contributions?
Who pays the HOA fees?

ANSWER: The bank will pay the commission along with all the other usual closing costs
An experienced agent should assist you in this process for FREE . . yes, the bank will pay them  for putting a short sale together.
Be AWARE of companies asking money UP FRONT in order to do a short sale.
$500, $1500, I heard of even $2000 to do a short sale.
STOP, you do not need to pay when you are having so much financial burdens. .
We helped 3 HOMEOWNERS avoid foreclosoure in the last 30 days. . .
at NO COST TO THEM !
Look for a Realtor that is genuinely concern  about helping you and let the bank pay for his/her services and GET THE FACTS BEFORE GOING FORWARD.

HOW MUCH?

It costs you nothing. . .

When we list a home as a short sale, we recognize our clients are in hardship and they need all the help they can get.

Some of them have fallen trap to the loan MORTIFICATION fiasco and paid some lawyer a lot of money for nothing.

When we do a short sale, we tell our clients we are in the same boat. . .no one can guarantee you a successful short sale. 

If we get it approved and closed. . we get paid by the bank. .and if we don't. . we all lose

Look, the bank even pays the CLOSING COSTS 

How much it costs to do short sale? 

If you call us. . it will cost you nothing!

I hope we made it clear. ..

More information for Maryland Short Sales

MORE QUESTIONS AND ANSWERS

Q: How long does the process of a short sale take from start to finish?

Q: Will I still owe my lender money after my short sale?

Q: Can I rent my property while I’m doing a short sale with you?

Who Qualifies for a Short Sale?

www.Short-Sales-Expert.com

Who qualifies for a short sale? 

Any homeowner that has incurred an economic hardship recently that has created difficulties in paying their mortgages.

In some cases, lenders will OK a short sale even if the homeowner is up to date on their mortgage payments.

Some examples of  hardships:

• Loss of a job
• Death in the family
• Mortgage adjustment from a variable to a fixed rate
• Curtailment of employment
• Divorce
• Excessive Debt

For a complete assessment to see if you qualify for a short sale or alternatives, its very important for you to contact a real estate broker that specialize in short sales. In most cases and with a honest evaluation, you will find yourself with CLEAR OBJECTIVES and plans to make a sound decision.

No one should advice you to do a short sale. .that decision has to come from you after evaluating all your options.

For a quick consultation if a short sale is right for you, please call our confidential number 301-24-0001 

Or check our evaluation site for short sales specialists

Fernando Herboso

Broker Realtor

Herboso & Associates

www.Short Sales-Expert.com

301-246-0001

Loan Modification TRAPS for MD Homeowners

WWW.SHORT-SALES-EXPERT.COM

originally published in http://www.reallynicehomes.com/short-sales-expert-maryland-virginia/loan-modifications-help/

Falling Traps:

Watch for these warning signs when you are seeking a LOAN MODIFICATION:

• A guaranty to stop the foreclosure process. .  no matter your circumstances!! You should not allow anyone take chances on your future. . no one can guarantee you this . .only the investor that owns your loan!
• They instructs you not to contact your lender, lawyer or credit or housing counselor. .and let them do ALL THE TALKING for you. . .this is your future at hand. .don't trust a clerk with 100 files to work on your file and give up at the very first busy signal.
• They want to collects a fee before providing any services to you. . HELLO? don't pay unless you see results first!
• They recommend that you make your mortgage payments directly to their loan modification company. .  rather than your lender.  CALL YOUR LENDER FIRST and ASK THEM THIS and see WHAT THEY TELL YOU!

Remember, in a loan modification, you are buying your home again. . .at what price?

After interviewing over 200 distressed homeowners in the last 3 years. . I can assure you without a doubt that a LOAN MODIFICATION with no PRINCIPAL REDUCTION can only benefit your BANK!

Fernando Herboso 

Broker for Herboso & Associates llc

www.Short-Sales-Expert.com

301-246-0001

Get the facts from a distressed property expert that has the ability to help you avoid a foreclosure by doing a Short Sale today!

www.Short-Sales-Expert.com

MD DC and VA

No deficiency short sales performed in Maryland

Http://www.Short-Sales-Expert.com 240-426-5754

Negotiating Deficiency is The Key when attempting a  SHORT SALE   

With a SHORT SALE the lender has three option to collect the deficiency of the loan

#1  The Lender could file a deficiency  judgement after the short sale has closed 

#2  The Lender may ask for an unsecured promissory note for the deficiency 

#3  The Lender may agree to cancel and FORGIVE the entire DEFICIENCY From the loan

The person you hire to negotiate  on your behalf must have the experience to get the best results for you. . .
We are SHORT SALES SPECIALISTS in Maryland

See COMPELLING VIDEO how we got the lender to forgive the deficiency  100% for our client . .but we got her also an additional $23,000!!!

CHECK IT HERE 

Ready? :  Http://www.Short-Sales-Expert.com 240-426-5754

Bank Of America Short Sales for Maryland DC and Virginia Residents : Short Sales Specialist

http://www.Short-Sales-Expert.com

New Information about Short Sales With Bank Of America

Homeowners that are considering a short sale with Bank Of America should take the right steps to benefit with the latest programs that Bank of America now offers.

The Cooperative Short Sales Program is the latest program that could be relevant  whether your short sale gets approved or rejected.

I invite you to watch the enclosed video to inform you of the latest changes in Bank Of America Short Sales

Click Video Below

 Short Sales Specialist for Maryland, DC and Virginia.

Call Fernando directly to 240-426-5754 for specialized services with Bank Of America.

More information on  short sales
www.Short-Sales-Expert.com