Short Sale

Drity Talk: Jobs in the USA are up!!! http://conta.cc/ezYnoS

Drity Talk: Jobs in the USA are up!!! http://conta.cc/ezYnoS

Dirty Talk: Free Short Sale Training Event!! http://conta.cc/fXFO1Q

If you want to freshen up your Orlando home’s kitchen, redoing the countertops might be a good choice. It’s quick and easy to install new laminate, and you’ll have almost limitless styles to choose from. Here’s how to install new laminate on your kitchen countertop:

Measure Countertop
Measure your existing countertop in your Orlando home’s kitchen and total the results. Add a few inches to the side and bottom measurements to give you a little wiggle room. You’ll need to buy contact cement, a putty knife and a utility knife at the home improvement store at the same time as the laminate.

Prepare the Area
First, you’ll have to remove the old laminate. Leftover laminate and adhesives can make it hard for the new laminate to properly attach to the countertop. Use a three to four inch putty knife to scrape off the old laminate.

After you’ve removed it all, sand the surface underneath to make sure that any left over adhesive has been completely removed. Work carefully from one end of the counter to the other and double check your work. Then wipe the area down with a clean cloth and dry it.

Cut the Laminate and Apply the Cement
Next, you’ll measure and cut the new laminate to the correct size with the utility knife. Apply the contact cement to the edge of the countertop and press the laminate into place. Then spread the cement on top of the counter, and press down evenly on the laminate to properly adhere it to the surface.

Go over the entire counter again with equal pressure to seal the contact cement. Trim the excess laminate with the utility knife. Then clean the work area with a damp cloth.

You’ll be able to use the countertop shortly after the contact cement dries. Re-doing the laminate can breathe new life into your Orlando home’s kitchen without emptying your wallet.

If you want to freshen up your Orlando home’s kitchen, redoing the countertops might be a good choice. It’s quick and easy to install new laminate, and you’ll have almost limitless styles to choose from. Here’s how to install new laminate on your kitchen countertop:

Measure Countertop
Measure your existing countertop in your Orlando home’s kitchen and total the results. Add a few inches to the side and bottom measurements to give you a little wiggle room. You’ll need to buy contact cement, a putty knife and a utility knife at the home improvement store at the same time as the laminate.

Prepare the Area
First, you’ll have to remove the old laminate. Leftover laminate and adhesives can make it hard for the new laminate to properly attach to the countertop. Use a three to four inch putty knife to scrape off the old laminate.

After you’ve removed it all, sand the surface underneath to make sure that any left over adhesive has been completely removed. Work carefully from one end of the counter to the other and double check your work. Then wipe the area down with a clean cloth and dry it.

Cut the Laminate and Apply the Cement
Next, you’ll measure and cut the new laminate to the correct size with the utility knife. Apply the contact cement to the edge of the countertop and press the laminate into place. Then spread the cement on top of the counter, and press down evenly on the laminate to properly adhere it to the surface.

Go over the entire counter again with equal pressure to seal the contact cement. Trim the excess laminate with the utility knife. Then clean the work area with a damp cloth.

You’ll be able to use the countertop shortly after the contact cement dries. Re-doing the laminate can breathe new life into your Orlando home’s kitchen without emptying your wallet.

As a potential buyer of an Orlando home, you may be looking at foreclosures as a way to get a good home at a great price. The Saga of the Housing Bubble continues, however, and it might just have you, the homebuyer, looking at regular housing with a more favorable eye.

In October, numerous mortgage services voluntarily suspended foreclosures nationwide, including Bank of America, J.P. Morgan Chase, Litton Loan Servicing and GMAC Mortgage/Ally Financial. The suspensions include pending foreclosures as well as foreclosure sales, as the mortgage services investigate flaws in their foreclosure processes. For those of you looking at a foreclosed Orlando home through one of these companies, it may be a long wait.

Twenty-three states initiated a foreclosure moratorium. In addition, they have begun probing all lenders’ foreclosure processes in those states. Thanks to nationwide, coordinated efforts of State Attorneys General, 17 more states as well as 17 non-judicial foreclosure states have expressed interest in joining the probes. In short, a foreclosure freeze “craze” has begun, upsetting real estate investors and homebuyers alike.

In general, this craze isn’t expected to last long. As well, the lenders don’t expect to find many problems because most foreclosures are believed legitimate. In short, it seems to be simply a matter of improperly reviewed and improperly handled foreclosure documents. Although it’s only expected to last a few weeks, some buyers are left sitting with an offer on the table and no closing.

With the foreclosure processes in question and sales halted, buying a foreclosed Orlando home may not be as ideal as you think – at least for a little while. Don’t give up hope on owning your own home, however. Instead, take a few minutes to look over the other homes for sale. Your dream home and great deal may not be a foreclosure after all!

If you’re looking for a beautiful home of your own, we can help. Call us at 407-876-5771 for more information.

As a potential buyer of an Orlando home, you may be looking at foreclosures as a way to get a good home at a great price. The Saga of the Housing Bubble continues, however, and it might just have you, the homebuyer, looking at regular housing with a more favorable eye.

In October, numerous mortgage services voluntarily suspended foreclosures nationwide, including Bank of America, J.P. Morgan Chase, Litton Loan Servicing and GMAC Mortgage/Ally Financial. The suspensions include pending foreclosures as well as foreclosure sales, as the mortgage services investigate flaws in their foreclosure processes. For those of you looking at a foreclosed Orlando home through one of these companies, it may be a long wait.

Twenty-three states initiated a foreclosure moratorium. In addition, they have begun probing all lenders’ foreclosure processes in those states. Thanks to nationwide, coordinated efforts of State Attorneys General, 17 more states as well as 17 non-judicial foreclosure states have expressed interest in joining the probes. In short, a foreclosure freeze “craze” has begun, upsetting real estate investors and homebuyers alike.

In general, this craze isn’t expected to last long. As well, the lenders don’t expect to find many problems because most foreclosures are believed legitimate. In short, it seems to be simply a matter of improperly reviewed and improperly handled foreclosure documents. Although it’s only expected to last a few weeks, some buyers are left sitting with an offer on the table and no closing.

With the foreclosure processes in question and sales halted, buying a foreclosed Orlando home may not be as ideal as you think – at least for a little while. Don’t give up hope on owning your own home, however. Instead, take a few minutes to look over the other homes for sale. Your dream home and great deal may not be a foreclosure after all!

If you’re looking for a beautiful home of your own, we can help. Call us at 407-876-5771 for more information.

Today was a pretty darn good day for the staff at Short Sale Expeditor®. In addition to hosting a rocking and incredibly well-attended webinar on Proven Short Sale Lead Generation Techniques, we finally (and boy do I mean, FINALLY) got approval on a Wells Fargo short sale that has been kicking our butts (pardon my French) since last summer. Finally, we were able to successfully kick back!

This particular short sale was kind of tough from the get go. At first, the seller was current on mortgage payments and Wells Fargo did not want to pay much attention to the file. Then, when Wells Fargo finally got around to working the file, the BPO brought in mediocre results. The property had some damage that was not covered by insurance, and the Wells Fargo executive offices claimed that the investor (remember that mortgage investors can make their own guidelines) refused to take the damages into account and reduce the price.

After much hemming and hawing (including packaging and repackaging the file in a number of different ways), we were finally able to get the short sale package into the hands of someone who could think outside the box.

Approval arrived this morning. The bank agreed to waive the right to deficiency judgment (which may not matter much due to the new California laws), and that was good news. We also have out second lien holder approval from Bank of America printed out and ready to go.

Now, we look forward to the closing with great anticipation.

Here’s a copy of a piece of the approval letter:

Short sale processing and negotiation takes determination and persistence. Success in the short sale field requires having the contacts, the patience and the detail-oriented nature required to get the job done.

I know that this family is thrilled that they can finally see the forest through the trees. Well, this short sale is in San Diego. So, better said, they can finally see the ocean through the clouds. (And, yes.. we are celebrating with a little cake.)

Today was a pretty darn good day for the staff at Short Sale Expeditor®. In addition to hosting a rocking and incredibly well-attended webinar on Proven Short Sale Lead Generation Techniques, we finally (and boy do I mean, FINALLY) got approval on a Wells Fargo short sale that has been kicking our butts (pardon my French) since last summer. Finally, we were able to successfully kick back!

This particular short sale was kind of tough from the get go. At first, the seller was current on mortgage payments and Wells Fargo did not want to pay much attention to the file. Then, when Wells Fargo finally got around to working the file, the BPO brought in mediocre results. The property had some damage that was not covered by insurance, and the Wells Fargo executive offices claimed that the investor (remember that mortgage investors can make their own guidelines) refused to take the damages into account and reduce the price.

After much hemming and hawing (including packaging and repackaging the file in a number of different ways), we were finally able to get the short sale package into the hands of someone who could think outside the box.

Approval arrived this morning. The bank agreed to waive the right to deficiency judgment (which may not matter much due to the new California laws), and that was good news. We also have out second lien holder approval from Bank of America printed out and ready to go.

Now, we look forward to the closing with great anticipation.

Here’s a copy of a piece of the approval letter:

Short sale processing and negotiation takes determination and persistence. Success in the short sale field requires having the contacts, the patience and the detail-oriented nature required to get the job done.

I know that this family is thrilled that they can finally see the forest through the trees. Well, this short sale is in San Diego. So, better said, they can finally see the ocean through the clouds. (And, yes.. we are celebrating with a little cake.)

Oceanside Condos – Dirty Little Secret About Buying One

If you want to buy a condo in Oceanside, San Marcos, Vista, Carlsbad and beyond, there is a dirty little secret that you need to know about before you go out on your search for condos in Oceanside.

I’m not trying to scare you or anything. There are so many gorgeous condominium complexes in Oceanside—some with amazing views of the Pacific Ocean and even the Oceanside Pier. On a clear day, you can often see all the way to Catalina Island from some Oceanside condominiums.

If you plan to buy a condominium in Oceanside, Carlsbad and beyond, then you need to speak with your mortgage lender before making an offer. (The dirty little secret has to do with homeowner’s associations and owner-occupancy ratios.)

Mortgage lenders have really tough guidelines right now (special thanks to our wonderful economic challenges). Some homeowner’s associations may not be financially solvent or may have pending litigation. These issues, as well as the owner occupancy ratios, can make it difficult for some mortgage lenders to qualify a buyer for a specific condominium in a specific complex.

So, if you find a condominium in Oceanside that you really love, make sure to check with your mortgage lender and assure that you can be provided with a loan to purchase a condo in that specific complex.

Once great place to start shopping for condos in Oceanside is right here. Use the interactive map below in order to check out Oceanside condos for sale (or you can customize the search to suit your interests). If you see anything that you like, please contact us.