People ask me everyday how I can claim to be an EXPERT in Short sales? I answer simply, EXPERIENCE, SUCCESS, KNOWLEDGE, and TRAINING all combine to make an EXPERT.
When your reputation speaks for itself, you don't have to make claims, but simply state facts, so here are my credentials:
2 years with Keller Williams Realty trained by the 1st Realtor now Broker, Julio Sanchez to MASTER SHORT SALES and now trains in the ART of Short Sales. Keller Williams Realty of the Treasure Coast handles the most short sale transactions on the treasure coast and my business has been 90% short sales for 2 years. In these 2 years, I have successfully negotiated and closed 100% of my short sale listings for my clients and gotten most of them relocation money at closing from their distressed home sale.
My shortest short sale took 19 days from start to closing and my longest took 8 months. Most of my short sales close right around 60 days.
Today, I submitted a short sale package to Wells Fargo and my short sale packages have gotten so thorough that I leave them nothing to do but approve the deal. I know the home values, I know what the bank wants to see for paperwork, and I only send them 1 offer to consider at a time. When they know they only get one offer, they either approve it, counter it, or deny it. But if you are a true EXPERT, yours get APPROVED and ALL of mine have. As proof of the quality of my work, Wells Fargo today APPROVED MY SHORT SALE in 3 1/2 hours after submission. Now we just have to wait for the buyer to complete their financing and we will close on Jan 31st or 34 days from submission to closing. Now that is the definition of an EXPERT!
Please read below and by the time you finish, you should understand that you are dealing with an agent that will represent you with the greatest of expertise and professionalism found anywhere today.
I challenge you to hire me to list, sell, and CLOSE your distressed home today and sit back and rest assured the process will be as comfortable as it can be.
Short Sale Specialists in Port St Lucie, FL
What is a short sale? This is anytime a lender is willing to accept lower than the payoff amount of the loan. Now you may ask, "why would they do this?" There are several reasons, but mainly any time they can prevent a foreclosure and receive some money for the property, they are making a better business decision.
Without getting to deep in detail, the process is extremely complicated and takes time, but it can be most rewarding to a seller who has kept good credit only to now face foreclosure and extremely beneficial to a buyer who has the opportunity to purchase a wonderful deal on a great property. As a real estate agent and CERTIFIED DISTRESSED PROPERTY EXPERT, Kevin Tolbert of Keller Williams Realty of the Treasure Coast, Port Saint Lucie, FL has successfully completed many short sales for my clients who were so appreciative of the outcome. In most cases, their properties were even listed with realtors who feared or failed to grasp the short sale process and didn't even recommend the short sale to the seller. Because the short sale is a way to sell your home at FAIR MARKET VALUE rather than at the mortgage amount you owe, it allows the seller to lower the price to achieve a sale, rather than sit on the market indefinitely, while still incurring costs to own the home like HOA, insurance, taxes, or other recurring costs.
Typically for a short sale to be approved by your lender, sellers must have a level of hardship and are behind on their mortgage. There are generally 4 types of hardships that result in a short sale approval: Extreme financial hardship caused by change in employment, family status (divorce), death of one of the parties, or increase in mortgage expenses (variable mortgage or escrow).
There are 2 typical types of short sales: HAFA and traditional. In HAFA, you normally have a government backed loan (Fannie Mae or Freddie Mac). In traditional, you don't qualify for HAFA. You can click on this link HAFA to read all about the qualifications.
Since Jan 1st, HAFA has brought new hope to many desperate sellers and has brought a new selection of buyers to the market for short sales since the traditional shortsale of the past could take from 4 months to never and there was no guarantee you would ever be approved to sell or purchase. HAFA shortsales are applied for completely in advance, and once an OFFICIAL APPROVAL is obtained in writing, the seller is given a specific price to sell the home, and specific criteria to present to their realtor, and when all criteria are met, and a contract is presented for the full price approved by the lender, we can close in as little as 30 days now and if the contract follows the exact criteria of the approval, a closing is imminent instead of the old way of never knowing if it would be approved. And in some cases, sellers get money back at closing to move out with, and get your entire debt forgiven in writing. This way your credit in a typical shortsale will start recovering in under 2 years, instead of 7 to 10 years with a foreclosure, allowing you to restart your home ownership opportunities.
The following is the best way to start the process:
-
Goto HAFA and follow the ARE YOU ELIGIBLE to verify.
-
Next, before you call Kevin Tolbert at 772-834-0099 in Port Saint Lucie, FL or email me at: kevinbtolbert@kw.com, gather the following documentation and be proactive to getting the process started.
-
3 months of recent bank statements of all accounts.
-
2 years of complete tax returns.
-
W2's from the past 2 years
-
3 recent paycheck stubs.
-
Copy of most recent mortgage statement on all loans.
-
Copy of most recent HOA statement
-
Information on any liens/judgements against your home.
-
Financial Worksheet (call me for this)
The difference in Kevin B Tolbert of Keller Williams of the Treasure Coast, Port Saint Lucie, FL and other real estate agents is they do a short sale once in a while because they have to, and I do them everyday because I love to help folks with their distressed situations and because I love to help the buyer who could not afford a home this expensive years ago, now obtain their DREAM HOME at a WORLD CLASS BARGAIN PRICE!
Check out my website for the HUNDREDS of listings in our area or for ANY LISTINGS throughout Florida at www.ISellPortStLucieLand.Com and my newest site www.SearchforSouthFloridaHome.com for all the latest data, links to relocation data, ability to prequalify to purchase, and so much more.
Don't wait another day and struggle with indecision. Let me help you out of your home and allow you the fresh start towards a new beginning.
Call today for your FREE COMPARITIVE MARKET ANALYSIS to establish your homes value and then let's decide together what the best plan of action is right for you. Or get yours online at my website below.
Kevin B Tolbert PA, GRI, CDPE
Keller Williams Realty of the Treasure Coast
Direct: 772-834-0099
Email: kevinbtolbert@kw.com
Website: www.SearchforSouthFloridaHome.Com
Website: www.kevinTolbertRealty.com
Blog: www.kevinbtolbertpa.com
Serving: Port Saint Lucie, FL, St Lucie West, FL, Tradition, Okeechobee, St Lucie County, Martin County, Stuart, FL, Palm City, FL, Fort Pierce, FL
