Do Mortgage Payments Need To Delinquent In Order To Do A Short Sale?
Most lenders will turn down your request for a short sale if the seller is currently making the payments. The only time they will consider it a short sale, is when the seller's payments are delinquent. This presents a particularly difficult dilemma for the seller. Sellers who keep their payments current are protecting their credit rating, but the lenders require delinquency to do a short sale transaction. However, lender guidelines change on a daily, case-by-case basis. We've heard of some lenders now approving short sales when the borrower is current on payments.
As Certified Distressed Property Experts we deal with banks, loan servicer's and asset managers who contact us on a daily basis to help determine the value of their assets. You can be sure that you've selected a firm with previous experience and expertise of local market trends.
For more market trends visit www.BaltimoreMarketTrends.com
Call the REALTOR® the banks call to sell their homes. Contact Aaron Rice today 443-244-0051.
Do you want to know what your home is worth in today's Shifted market?
Click here http://www.baltimorehometeam.com/whats-my-home-worth.asp
If you, your family or friends are looking for refinancing strategies, tips for a quick sale or information on purchasing a home, I invite you to call me for valuable information on today's ever changing real estate market.
If you, your family or friends are facing a current or future financial hardship the BaltimoreShortSaleTeam.com can help please contact me Aaron Rice, Certified Distressed Property Expert (CDPE). 443-244-0051.
Our Client-First Philosophy
There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how I work.
That said, in my experience as a Baltimore real estate professional, I've also found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to your needs.
This "client first" philosophy has always been my approach and it requires me to continually improve my skills and ways of doing business. In addition, I've found that the latest technologies are enabling me to do everything I've always done, only much more quickly and efficiently. They've also helped me to extend the range of services I provide to my clients.
Sellers are advised to obtain legal advice regarding the advisability and terms of any short sale agreement with creditor(s) and professional tax advice regarding the tax implications of any such sale.
This process will result in the loss of your home.
Aaron Rice, CDPE, CRS, GRI, SHS
Baltimore Home Team
Keller Williams Realty
3301 Boston St. Suite 200
Baltimore, MD 21224
443-244-0051 Cell
1.) You are invited to attend the Certified Distressed Property Expert (CDPE) Informational Webnair January 8, 2009. Click on the link below to register.
2.) You are invited to attend the Maryland CDPE Mastermind Meeting & Open House. Flyer Attached
What is a CDPE? A REALTOR® or industry professional who has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure prevention & short sales. This is invaluable expertise to offer at a time when the area is ravaged by "distressed" homes in the foreclosure process. Our goal is to educate as many people as possible so we can help as many homeowners as possible. 2008 was a historically challenging year in the real estate industry however CDPEs across the country have had their best year ever. Make 2009 your best year ever. You have an opportunity to build your business, sell huge numbers and most importantly help more homeowners than you ever have before! We are proud to be just a small contribution to your success.
CDPE Informational Webinar - Preview
Join us for a Webinar on January 8
https://www2.gotomeeting.com/register/853178657
Don't miss this one hour fully interactive webinar about today's market and how you can survive as an agent.
This is the call that could make the rest of your year!
* We will discuss the controversial view that we are in a recovering market and why we believe we have to be prepared for much more.
* What does the ancient concept of YIN & YANG have to do with the real estate market.
* How agents just like you are closing MORE DEALS than they ever have - in a down market
Don't let your business go down this year, sell more, help more homeowners and build a bulletproof database that will last you a career.
This webinar will be information packed. We will cover all of this in just 30 minutes. We know you are busy and we appreciate your time.
***If you can not make the webinar - register anyway!! We will send a recorded link within 24 hours after the webinar takes place.
Baltimore City Real Estate Market Trends By Zip Code
Updated 1/7/09 6:45am Source:
21224 - Canton, Highlandtown, Patterson Park, Greektown
604 Active Listings, Average List Price $255,898, Average Days On Market 182
71 Properties Under Contract, Average Contract Price $186,166, Average Days On Market 196
3 Sold Properties Since January 1, 2009, Average Sold Price $246,257, Average Days On Market 176.
21230 - Federal Hill, Locust Point, Washington Village
508 Active Listings, Average List Price $357,166, Average Days On Market 182
102 Properties Under Contract, Average Contract Price $399,615, Average Days On Market 96
1 Property Sold Since January 1, 2009, Sold Price $455,259, Days On Market 365.
21217 - Bolton Hill, Reservoir Hill, Harlem Park, Sandtown, Druid Heights, Madison Park
421 Active Listings, Average List Price $127,569, Average Days On Market 204
26 Properties Under Contract, Average Contract Price $111,087, Average Days On Market 132
1 Property Sold Since January 1, 2009, Sold Price 69,900, Days On Market 160
21201 - Downtown
54 Active Listings, Average List Price $257,558, Average Days On Market 203
6 Properties Under Contract, Average Contract Price $127,617, Average Days On Market 137
0 Properties Sold Since January 1, 2009
21209 - Mount Washington
38 Active Listings, Average List Price $357,612, Average Days On Market 189
5 Properties Under Contract, Average Contract Price $266,540, Average Days On Market 290
0 Properties Sold Since January 1, 2009
As Certified Distressed Property Experts we deal with banks, loan servicer's and asset managers who contact us on a daily basis to help determine the value of their assets. You can be sure that you've selected a firm with previous experience and expertise of local market trends.
For more market trends visit www.BaltimoreMarketTrends.com
Call the REALTOR® the banks call to sell their homes. Contact Aaron Rice today 443-244-0051.
Do you want to know what your home is worth in today's Shifted market?
Click here http://www.baltimorehometeam.com/whats-my-home-worth.asp
If you, your family or friends are looking for refinancing strategies, tips for a quick sale or information on purchasing a home, I invite you to call me for valuable information on today's ever changing real estate market.
If you, your family or friends are facing a current or future financial hardship the BaltimoreShortSaleTeam.com can help please contact me Aaron Rice, Certified Distressed Property Expert (CDPE). 443-244-0051.
Our Client-First Philosophy
There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how I work.
That said, in my experience as a Baltimore real estate professional, I've also found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to your needs.
This "client first" philosophy has always been my approach and it requires me to continually improve my skills and ways of doing business. In addition, I've found that the latest technologies are enabling me to do everything I've always done, only much more quickly and efficiently. They've also helped me to extend the range of services I provide to my clients.
Sellers are advised to obtain legal advice regarding the advisability and terms of any short sale agreement with creditor(s) and professional tax advice regarding the tax implications of any such sale.
This process will result in the loss of your home.
Aaron Rice, CDPE, CRS, GRI, SHS
Baltimore Home Team
Keller Williams Realty
3301 Boston St. Suite 200
Baltimore, MD 21224
443-244-0051 Cell
Top 16 Seller Benefits of A Short Sale
As Certified Distressed Property Experts (CDPE) we deal with banks, loan servicer's and asset managers who contact us on a daily basis to help determine the value of their assets. You can be sure that you've selected a firm with previous experience and expertise of local market trends.
For more market trends visit www.BaltimoreMarketTrends.com
Call the REALTOR® the banks call to sell their homes.
Contact Aaron Rice today 443-244-0051.
Do you want to know what your home is worth in today's Shifted market?
Click here http://www.baltimorehometeam.com/whats-my-home-worth.asp
If you, your family or friends are looking for refinancing strategies, tips for a quick sale or information on purchasing a home, I invite you to call me for valuable information on today's ever changing real estate market.
If you, your family or friends are facing a current or future financial hardship the BaltimoreShortSaleTeam.com can help please contact me Aaron Rice, Certified Distressed Property Expert (CDPE). 443-244-0051.
Our Client-First Philosophy
There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how I work.
That said, in my experience as a Baltimore real estate professional, I've also found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to your needs.
This "client first" philosophy has always been my approach and it requires me to continually improve my skills and ways of doing business. In addition, I've found that the latest technologies are enabling me to do everything I've always done, only much more quickly and efficiently. They've also helped me to extend the range of services I provide to my clients.
Sellers are advised to obtain legal advice regarding the advisability and terms of any short sale agreement with creditor(s) and professional tax advice regarding the tax implications of any such sale.
This process will result in the loss of your home.
Aaron Rice, CDPE, CRS, GRI, SHS
Baltimore Home Team
Keller Williams Realty
3301 Boston St. Suite 200
Baltimore, MD 21224
443-244-0051 Cell
Baltimore/Washington Real Estate Sub-Market Pending Sales (Under-Contract) *Trend Tracking*
Updated 1/5/09 6:30am Source:
Baltimore City
650 Properties Under Contract
Average Contract Price $232,472
Average Days On Market 110
Baltimore County
508 Properties Under Contract
Average Contract Price $297,517
Average Days On Market 124
Prince Georges County
945 Properties Under Contract
Average Contract Price $265,585
Average Days On Market 128
Washington, D.C.
640 Properties Under Contract
Average Contract Price $456,617
Average Days On Market 99
Montgomery County
1,086 Properties Under Contract
Average Contract Price $400,006
Average Days On Market 104
As Certified Distressed Property Experts we deal with banks, loan servicer's and asset managers who contact us on a daily basis to help determine the value of their assets. You can be sure that you've selected a firm with previous experience and expertise of local market trends.
For more market trends visit www.BaltimoreMarketTrends.com
Call the REALTOR® the banks call to sell their homes. Contact Aaron Rice today 443-244-0051.
Do you want to know what your home is worth in today's Shifted market?
Click here http://www.baltimorehometeam.com/whats-my-home-worth.asp
If you, your family or friends are looking for refinancing strategies, tips for a quick sale or information on purchasing a home, I invite you to call me for valuable information on today's ever changing real estate market.
If you, your family or friends are facing a current or future financial hardship the BaltimoreShortSaleTeam.com can help please contact me Aaron Rice, Certified Distressed Property Expert (CDPE). 443-244-0051.
Our Client-First Philosophy
There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how I work.
That said, in my experience as a Baltimore real estate professional, I've also found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to your needs.
This "client first" philosophy has always been my approach and it requires me to continually improve my skills and ways of doing business. In addition, I've found that the latest technologies are enabling me to do everything I've always done, only much more quickly and efficiently. They've also helped me to extend the range of services I provide to my clients.
Sellers are advised to obtain legal advice regarding the advisability and terms of any short sale agreement with creditor(s) and professional tax advice regarding the tax implications of any such sale.
This process will result in the loss of your home.
Aaron Rice, CDPE, CRS, GRI, SHS
Baltimore Home Team
Keller Williams Realty
3301 Boston St. Suite 200
Baltimore, MD 21224
443-244-0051 Cell
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