Showing posts with label short sales maryland. Show all posts
Showing posts with label short sales maryland. Show all posts

Sunday, March 2, 2014

4 Reasons Why Short Sales Are On Their Way Out | Short Sales Maryland 2014

4 Reasons Why Short Sales Are On Their Way Out 

 Short Sales Maryland 2014

Behind on your mortgage payments on 2014?        
4 Reasons why short sales are on their way out       

As many know, a short sale is born out of a need when a distressed homeowner realizes that there is no other recourse; either let the lender foreclose or ask the lender to approve a short sale.

Facing foreclosure can be overwhelming and scary, and many people have decided to do something about it to save their credits and not fall into the financial ruin of a foreclosure.

"...but your time maybe running out. . "

If you are following the latest  news about the "Mortgage Debt Relief Act" in 2014  this Government help is no longer available for you and was allowed to expire at the end of 2013

To see 3 more reasons WHY:
 Short Sales Are on Their Way Out. .. watch the video below




A Short Sale can be accomplished by negotiating with your lender to resolve your situation and solve a burden for the homeowner and also solve a burden for the lender.

You may still have time in 2014. .

Rather than  waiting for the lender to take control of your situation, you need to take charge with a short sale and  get control of the situation for you and your whole family 

The key to success in a short sale is to follow a simple plan
The A-B-C Plan. .

How to qualify for a short sale in Maryland?        

3 Main areas that are considered to qualify for a short sale


  • Financial Hardship
  • A Monthly Shortfall 
  • Insolvency 
If you are considering a short sale in 2014, we have the process for you!

My team of Realtors, one assistant, an attorney and several supporting staff has developed long lasting relationships with many lenders that allows you to take advantage to short sale your property quickly and remove instantly bad mortgage debt. 
"The strength of our experience and knowledge is invaluable to anyone seeking for a solution"
Please call 301-246-0001 

or go to: 


Monday, May 21, 2012

How To Avoid A Deficiency Judgment When Doing A Short Sale 100% of the time

http://www.Short Sales Expert.com for Maryland DC and Virginia Short Sales Agent 240-426-5754

How could you assure yourself 100% from a deficiency judgmentafter a foreclosure, a deed in lieu of foreclosure or a SHORT SALE?

Before I can tell you how to avoid it 100%
You need to know exactly what a deficiency judgment is
Very simple..
It is what you signed for as a loan when you originally purchase your property
And
What the banks gets after the disposing of. . It’s their loss that could become a deficiency judgment

It doesn’t matter if they dispose of the property via

Foreclosure: At the court steps, it gets sold and you could get the bill for the difference.
Deed in Lieu: Even if the first lender approves this and promised not to pursue a deficiency against you, BEWARE OF THE SECOND . they are not happy that are excluded and will receive ZERO at the end. .they still have the right to come after you unless there was some kind of prior agreement with them.
Short Sale: When a short sale was approved, they may still preserve the right to pursue. . Unless is specifically addressed on their final short sale approval.
So, how can you be certain that the lender will never come after you with a deficiency?
It’s called The HAFA SHORT SALE
As a matter fact, every short sale that we do must go first to trough the HAFA test. We want a HAFA approval for our client because it guarantees that the lender will not seek adeficiency judgment against our them. . EVER!
As you know, that could make any homeowner happy. .in some cases we are getting a deficiencies waive on over a hundred thousands of dollars that the lender promises not to pursue!
If you are in MD DC or Virginia, we will be happy to help you see all your options because no TWO SHORT SALES are ALIKE

Fernando Herboso 240-426-5754
Realtor Expert in Short Sales
for MD, DC and VA