
http://www.1millionandup.com
Is your house worth less than you owe?
Do you need honest answers on how a short sale will effect your life.
Call know and let us explain the process. We work with a well respected law firm that will guide you through the process.
There are no front end fees on your part.
Contact us today!!
http://www.1miliionandup.com
--
KEMP A. HOOPER
843 478 6814 CELL
480 247 5479 FAX
Recessions hit us all differently. Al Capone
once complained that hard times forced him
to lay off 4 judges and 2 Congressmen.
Mortgage Servicing
Important Information Regarding Acceptance of Counter Offer Terms
To: Agents initiating a Bank of America Short Sale
From: Bank of America Short Sale Communications
Realtors have told us the better they understand the counter offer process, the more successful they are in closing short sales.
The following facts related to the counter offer process are critical to closing short sales in Equator.
Fact #1: Your acceptance of the counter offer terms does not mean the transaction is approved
Acceptance of the counter offer means that Bank of America will take the next step of presenting the transaction for approval to the investor. In some short sales, multiple approvals may be necessary from others including the second lien holder, mortgage insurer and Bank of America senior management.
Fact #2: The terms of the accepted counter offer may be approved, declined or changed
Any of the parties reviewing the transaction can change the terms of the transaction, approve or decline it.
Fact #3: The counter offer may have an expiration date
Please reply to the counter offer before the expiration date. If you don't reply by the expiration date the transaction will be rejected and you must restart the process by initiating the short sale and resubmitting documents.
Fact #4: The counter offer must be accepted via the offers management tool in Equator
To accept the counter offer, go to the "Workflow" section of Equator and select the "Offers Needs Response" link. Select "Counter Offer" and press the "Accept" button in the Counter Offer screen. You cannot accept a counter offer via an Equator email to your negotiator.
By understanding these key facts, you will be in a position to better help the homeowner complete a successful short sale transaction. For other questions you have about the short sale process and Equator, refer to our informational guide at the following link: http://bankofamerica.reo.com/shortsaletraining
|
|
|
Bank of America N.A. Member FDIC © 2010 Bank of America Corporation. All rights reserved. |
Short Sale Help in Charleston SC-Save Your House-Save Your Credit
*** STOP FORECLOSURE* South Carolina Options
Wondering what option you have if you're in foreclosure in South Carolina?
We Buy Charleston South Carolina Houses
What is a short sale?
Also known as a real estate short pay-off or a pre-foreclosure workout, a short sale is an agreement with a lender to accept less than the amount owed by a borrower via a sale of the property to a third party. With this agreement, the lender releases the borrower from the mortgage, thereby preventing foreclosure.>
Short Sale Help in Charleston SC-Save Your House-Save Your Credit
Learn How A Short Sale Can Help You Avoid Foreclosure
http://beatyourbank.biz
Feeling like there is no other option but foreclosure can be an overwhelming experience. Know that you are not alone. Thousands of homeowners in the United States are facing the same challenges as you every single day. Now more than ever before there are solutions.
You need help, guidance, and someone who understands the difficult choices you are facing about your home, your family, and your life. Quite often a homeowner facing a foreclosure thinks they have to go through the process alone, forced into a daunting situation caused by unforeseen circumstances beyond their control. Facing damage to your credit, and the possibility of not being able to purchase another home for 10 years can be a tough future to face, but by tapping into the expertise of a knowledgeable real estate agent, there are options available for you and you've come to the right place.
We provide you with information about how to avoid a foreclosure, explain the effects it can have on you and your family, and offer other options that may be available to you. This includes a short sale, and we can help you determine if you qualify.
We are activily looking for homes that are pretty or in distress condition or situations. We offer cash and can settle in 30 days in most situations. No need to make necessary repairs, no need to clean out property. We buy in any condition. We will also look at properties that are in foreclosure or approaching foreclosure.
If you owe more than what your home is worth, we can work with your bank to negotiate a lower payoff known as a Short Sale , that allows us to purchase it. This action will prevent a FORECLOSURE and save your credit for the future. We will not make false promises or take advantage of you. Just plain facts and we do what we promise. Don't be fooled by others who promise miracles. Call today or email us with your situation!
843-478-6814
Coastalonedayfunding@gmail.com
A short sale is an alternative for sellers who are facing
FORECLOSURE and are interested in protecting their GOOD CREDIT.
In a short sale the lender is accepting less than the total amount due.
EXAMPLE: If the unpaid balance of a loan is, say, $2,000,000 and a property
sells for $1,650,000, under a SHORT SALE the lender might accept
$1,650,000 as payment in full. THATS A DIFFERENCE OF $350,000 in
SAVINGS to a potential BUYER AND $350,000 less that the SELLER WILL NOT HAVE to PAY
BACK!*
Remember, not all lenders will accept short sales or discounted payoffs, especially if it would make
more financial sense to foreclose; more importantly--NOT ALL SELLERS nor ALL
PROPERTIES QUALIFY for a short sale.
If YOU know you OWE MORE than what your PROPERTY IS WORTH, a SHORT SALE may be your
BEST OPTION.
BUYERS! Banks will avoid foreclosure if possible, and BELIEVE IT OR NOT, selling the property as a
SHORT SALE which is essentially at a discount--in some cases PENNIES ON THE DOLLAR--is still
LESS EXPENSIVE than FORECLOSING!
Each situation is unique and requires PERSONALIZED attention BY SOMEONE WHO is FAMILIAR
with the PROCESS. Like ALL REAL ESTATE TRANSACTIONS, there are LEGAL RAMIFICATIONS.
Fortunately we have SUCCESSFULY sold MANY SHORT SALES and are CERTIFIED SHORT SALES
SPECIALISTS!
http://1millionandup.com
To see if you qualify...
Just fill out the form below to designate your interest in SHORT SALES either as a SELLER interested
in selling a SHORT SALE, or a BUYER interested in BUYING SHORT SALE PROPERTIES, and click
the SUBMIT button at the bottom of the page.
http://1millionandup.com
It is recommended that you enter a VALID email address AND phone number as oftentimes emails are
blocked due to spam guard or discarded as junk email. Should there be any problems with the email it
may be necessary to contact you by phone.
http://1millionandup.com
APPLY ONLINE or Email US DIRECTLY @ coastalonedayfunding@gmail.com
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved