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Oscar Morante

Re: Immediate Help with a Short Sale

Yvette:
Thanks for connecting with me. Let me know where are you located, maybe I am familiar with your state law.
Depending on the situation, it is likely that the bank will delay the foreclosure sale. There are ways to delay the sale. Often a short sale in process with a buyer ready will help. Another way is to file for bankruptcy. This is not to be taking lightly. It is hard for me to tell given the little I know.
I would suggest that if there is enough equity in the house, your husband pays the arrears if he is better of keeping the property if the property will be sold. It would be better if the house is vacant, because vacant houses are much easier to sell. However, if he ends up having a scandal with his mother she can become un-cooperative and the property will be hard to sell. This is a thought situation. Consider talking to a local real estate attorney. I am in Portland, Oregon. If you are in this area I can help you better.
Sincerely,
Oscar
At 07:04 PM 12/1/2008, you wrote:

Hello
My name is Yvette my husband is in foreclosure right now he has a month before the house will be sold to the county we don't know but mostly it will happen. we don't leave there his mom live there and she is the one who pay the mortgage every month and she did not told my husband on anything until my husband seen some letter in the counter that his house is in foreclosure.
Anyway, to make it short my husband talk to the lender GMAC negotiating to keep his house he owe $350,000 his interest rate is adjusting every month etc.. so he decided to do short sale to slow down the process of the foreclosures, in the main time he gave his mom a verbal notice to find a place to live she said she won't leave until the house is sold.
Does she has the right to stay until the house is sold? my husband wants her out there now.
Please help don't know what to do.
Sincerely Yvette



Oscar Morante www.bestshortsales.com oscar@bestshortsales.com Ph: 971-222-3734 Fx: 503-296-5663 9220 SW Barbur Blvd. Suite 119 - #159 Portland, Or 97219

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Everything Well Done Works Well

Creative But Realistic Real Estate Sale Options

Real estate can always be sold. It is all a matter of desire, financing and transfer method. That's why there is so much space for creativity. Below are the main types of real estate transactions. All these type of transactions are safe and time proven to be effective. What matters is that they are correctly executed. I can help you sell through any of these methods.

  • Cash-Out. This is the most common type of transaction. A buyer pays for the property by using own cash or some sort of financing. The seller gets cash-out of the property, the term "cash-out".
    • Seller Advantage: Money now
  • Lease Option. This is a two-component transaction. The buyer "leases" the property for a period of time. Concurrently, the buyer purchases from the owner an "option" to buy at a specific price within a specific time period. Thus the term "lease-option". At the right time, the buyer exercises the right to purchase and becomes the owner.
    • Seller Advantage: Tax benefits, income stream, usually better price.
  • Owner Financing: In this type of transaction, the owner sells a property to a buyer, and "finances" all or part of the buyer's acquisition cost. Thus the term "owner financing".
    • Seller Advantage: Tax benefits, income stream, usually better price.
  • Land Sale Contract: In this type of transaction, the buyer pays the seller for the property in an installment plan. After the contract price is paid off, the buyer obtains legal title to property. This type of sale is also known as "contract for deed".
    • Seller Advantage: Tax benefits, income stream, usually better price, and legal ownership of the property.

I can help you sort out the best way to sell your property. The most important thing is to develop a solution that fits the situation, and to do it right.

I primarily work with residential and small multifamily properties. Depending on the situation, I can also help with large multi-family and commercial properties. Call me at 971-222-3435. I look forward to working with you.

Call me at 971-222-3435

www.bestshortsales.com www.rapidforeclosuredata.com www.oscarpdx.com www.shortsaleprocessing.com

Do You Need to Sell a Property? Let Me List Your Property

I am licensed in Oregon and Washington and can help you in these counties:

  • Clark
  • Skamania
  • Multnomah
  • Washington
  • Clackamas
  • Hood River

Why List Your Property With Me?

You should list your property with me because I will help you get the most value out of your property. This is what I bring to the table:

  • Great service. The attitude that I am in business to provide help and solutions.
  • Excellent Marketing. I proactively market properties.
  • Smooth Transactions. Win-win mentality that ensures the buyer will continue interested and happy about the property all the way to closing (and beyond).
  • Solution-Oriented Approach. I approach real estate sales from the solution point of view. Because of this, I organize transactions such that they are relevant and applicable to the seller's specific situation.
  • Financing Connections. I am connected to lenders ready to finance buyers.
  • Professional Network. My network of lenders, accountants and attorneys will be at your service.
  • Great Negotiation Talent. There are multiple ways to sell real estate. However, at the end it all comes down to negotiation. I will help you develop the best selling and financing strategy so that you obtain the most out of selling your property. A well-negotiated sale always ensures a simple closing.

Call me at 971-222-3435

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Why Should You Work With Me?

  • I always do win-win transactions
  • I understand and keep up with the Portland Metro area market conditions
  • I am 100% committed to do the my best in every transaction
  • I am up front and tell the truth, from the beginning, all the time
  • If you are looking for short sale help you found an expert. I have published dozens of articles and I am the author of Short Sales A-Z Online, a very successful Short Sales Course popular with agent, investors, mortgage brokers and attorneys
  • I have an excellent network of professionals that, through me, will be ready to help you.
  • I am not only good at Short Sales. I also dominate alternative financing methods such as
    • owner financing
    • lease option and
    • land sale contract
  • I constantly update my real estate knowledge. The more I know, the better I can help my clients.
  • Most importantly, I believe in respect for the client, honesty, and the well being of the real estate industry.

Here are some testimonials,

Dear Oscar,

Sylvia and I would like to thank you for taking charge of the sale of our property.

The whole process was painless and went exactly as you outlined in the very beginning of the transaction. We appreciate your professional manner and honesty and would encourage anyone to use the services offer.

If you need a reference in the future, just let us know.

Thanks again.

Leroy

Thank you for being so caring and helping me from many different angles. Thank you for opening your knowledge base to all of us. You are more than a teacher. You cared so much and I felt I could trust you and you will give me the best possible solution. I will recommend you to anyone that I know who is in need of your help.

Neda

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Expert Win-Win Real Estate Expertise at Your Service

I believe that every real estate transaction should begin and end with a hand shake.

  • The first hand shake, at the beginning of the transaction, is a measure of trust
  • The second hand shake, at closing, is earned for doing a good job.

Knowledge, Integrity, Service

I approach real estate with the belief that everybody must come out of a transaction winning. I accomplish this by constantly improving my knowledge, respecting my integrity and that of my clients, and recognizing that it is quality service what makes me valuable.

Call me at 971-222-3435

I would love help you with your real estate needs.

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