Have You Been Wondering What is Going On With the Short Sale Banks? I think the stalling, the delays, and the lose of data that we have been experiencing is due to the government stress tests that were conducted the past few weeks. Without taking loses on short sales, banks net sheets look a lot better. If the net sheet is ok, then the banks are not forced to take TARP money. No TARP funds, no bank oversight.
The past four weeks I was at a loss, my short sale banks started misplacing important information like, losing my authorization for after dealing with me for 3 months. Lose of pay stubs and other financial information after faxing it numerous times. The fustration was red lining. Then it hit me, the results of the goverment investigated stress tests are due to come out any day. All of my problems can be explained by the stress test.
So, if you are experiencing similar hardships, this my be the answer.
Mark Horan PA
Keller Williams Realty
The Resident Team
Foreclosures in Kissimmee/Saint Cloud Florida are in high gear. There are currently 769 foreclosed properties on the market. 403 are active listings and 366 are in the pending status. We have just come out of a 30 day moratorium of foreclosures and the gates are about to open. Not to mention that 60% of loan modifications will end up in foreclosure. So the majority of the work that the banks have been doing to help the folks of this great country is going to be for naught. I haven't even touched on the new wave of 3-5 years arms that are coming of age.
We are going to be in this foreclosure market for at least 2 more years. It may be worse before it gets better. Will prices get lower? Nobody can tell. Are banks holding back inventory to slow the decline of prices, nobody knows.
What we do know is, that there are great prices out there for first time home owners to use the $8,000 tax creditfor seven more months. We do know that interest rates are at historic lows. There are great values and great financing, everyone should take advantage if home ownership is something that is desired.
We help folks purchase Bank Owned Foreclosures Everyday! Call us today to get the process started. Or visit www.ResidentTeam.com and sign up foor our V.I.P. Buyers program to start receiving Forecloses to view in you own home.
We have also started to impliment Market SnapShot so folks can see neighborhoods and what is listed and what is selling.
Jump in today before these interest rates are a thing of the past.
Mark Horan
Broker/Associate
Keller Williams Realty
Phone: 407-301-0312
Email: markhoran@NUMBER1EXPERT.com
Website: www.ResidentTeam.com
Many of my clients have been asking me recently where they can find information regarding the value of their home in this turbulent market. The website that is mentioned most often is Zillow.com and so I did some research to see just how accurate they are. You may be surprised to find out that over 50% of their Zestimates(the number on your roof when you type in your address) are more than 20% inaccuratehttp://www.zillow.com/howto/DataCoverageZestimateAccuracyFL.htm. I have found a new resource that deals specifically with our area and focuses the information on your specific neighborhood not taking into account areas like Las Vegas, New York, etc...areas that have no impact on your properties value they way that other websites like zillow.com do. Take a look at a sample analysis below and if you would like a detailed report for your home and all of the listings and sales that take place from this point forward click below to sign up, be sure to check out the bird's eye view!! As always if you have any questions always feel free to give me a call.
We at The Resident Team have partnered with Market SnapShot to bring real time values for Kissimmee and Saint Cloud, Florida.
Foreclosure Lists for Saint Cloud and Kissimmee, Florida. Are you looking to purchase a home at these historically low prices? The Resident Team can help by setting you up on our V.I.P. Buyers Program. We will send you all the Foreclosed Bank Owned Properties in the Saint Cloud and Kissimmee, Florida market..
Is looking through numerous website too much trouble? Having to look at homes that are too small or too expensive? Your Search can be customized to only include the homes you are looking for.
Best of all, It's FREE.
At first you will be sent everything available, then the search will email you homes that gets listed with that search criteria as soon as it gets listed for up to 2 months. You will have your own website to isave the properties you like, and post notes to those homes.
Visit www.ResidentTeam.com Click on V.I.P. Buyers Program, fill out your personal criteria on the registration form. That's all there is to it and start receiving the homes that you want to review.
Mark Horan
Broker/Associate
Keller Williams Realty
Phone: 407-301-0312
Email: markhoran@NUMBER1EXPERT.com
Website: www.ResidentTeam.com
I am currently negotiating 7 offers for buyers on Bank Owned Properties. Half of the buyers are sitting back and understand that the process isn't anything they have ever dealt with. The other half....well they want things to happen on their schedule. I have tried to lower the expectations with all my buyers. Why?, because every title company is very overwelmed with the amount of contracts that they are processing. They are trying to clear clouds on titles of foreclosed properties. Taxes have they been paid, are there HOA liens, or any other liens that are encumbering clear title. Every contract that I enter into, the title company has been asking that the closing date be extended. In most cases, a bank is choosing 1 title company for the entire state. They are over worked and under paid I imagine.
So, if you are entering into a purchase of a Bank Owned Property, be patient, everything will workout and the closing will take place. The rules are different, and the transaction feels unorthidox. Rest assure, the Banks want to sell these homes more than you want to buy them.
Hire a Realtor that understands the process and be patient. The Resident Team here in Kissimmee and St. Cloud, Florida is waiting for your call. Call or email today to get started on your purchase of a great value, and a great interest rate.
The Resident Team
Keller Williams Realty
Phone: 407-301-0312
Email: markhoran@NUMBER1EXPERT.com
Website: www.ResidentTeam.com
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I have the recipe to make home buying and selling a great experience. "See What's cooking in Central Florida Real Estate" Call today 407-301-0312 or visit me on the web @ www.residentteam.com
Visit www.ResidentTeam.com
I am currently working with families that are in pre-forclosure. I enjoy listing homes and working with families that are trying to buy a home. Call me! I can help you, it would be my pleasure.
"I would recommend Mark Horan anytime! He was very professional."
"Mark did an Excellent job as our Realtor. He was always available to contact. He worked out all of our issues with the seller for us. We did nothing. He believes he is there to serve you first and foremost. He is easy to talk to and he gives you as much assistance as he can. I would recommend Mark Horan anytime! He was very professional."
"Joseph and Kim Algero"
"His follow-up at & after settlement was exceptional"
"Enjoyed working with Mark and the end results. His follow-up at & after settlement was exceptional"
"Charles Mullen"
"Mark went above and beyond helping us find our home!"
"We found Mark on the internet. We met him at our first showing and liked him immediately. Our experience was positive! The buying transaction was simple for us- thanks to Mark's preparation. We have recommended him to our friends who may be doing the same as we did. Mark went above and beyond helping us find our home! His frequent calls (for 3 plus months) let us know he was really trying to find us the perfect place. And he did. Thank you Mark!
"John & Sharon Bargar"
" My lender was being difficult"
"My lender was being difficult and Mark took the time to developed a positive relationship which resulted in a successful short sale closing. Mark Horan is the most contentious Realtor I know!!""Michael and Tina Johnson"
"Fellt very comfortbale with Mark"
"Felt very comfortable with Mark while I was completeing my transaction. As a first time homebuyer Mark took the time to show me the ropes. I was never rushed or pushed around and felt very confident with Mark by my side. It was nice to know I have one more friend in this great community!"
"Shamus O'Marra"
Mark Horan certainly knows what he’s talking about
"Mark Horan certainly knows what he’s talking about when it comes to real estate. Being a REALTOR®, he has a keen sense and a unique perspective when it comes to the real estate market and the things that affect it, like mortgages. His expertise makes him the perfect resource for information about the upcoming legislature regarding the real estate market and loans."
" Realtor.com "
"I couldn't have received better service if I tried!"
I am also a Keller Williams associate, The Resident Team was highly recommended by Mark's Team Leader. Upon further conversation with Mark, I felt he was trust worthy and I had an excellent feel for the short sale process. I know that in every profession there is room for improvement, and areas to learn. However, in my instance I can honestly say, I couldn't have received better service if I tried!
"Sharyn Krim"
" extremely satisfied "
" We, Pereda Homes, Inc and Beverly Perez, are extremely satisfied with the quality of care we have received from Mark. We feel that he has had our best interests at heart and has been most helpful at every turn. We want to continue to work with Mark in securing other real estate because of his zeal and perseverance in finding property that fits our needs."
" Pereda Homes Inc. and Beverly Perez "
" Honesty"
" Honesty, Friendship, and Understanding. Mark has all the qualities and principals of a good Real Estate Salesman."
" Francisco and Romonita Hernandez "
" Mark cares "
" Mark cares about his clients, he was easily contacted, and he represents his clients property in a professional manner. The Best Real Estate Agent Ever"
" James and Birgetta Maus "
" My house sold in only 2 weeks "
" My house sold in only 2 weeks and closed in the same month. Things could not have been easier for us ! Thank you Mark, you are the best "
" Steve and Beth Maus "
" Thank you "
" Thank you for explaining everything to us in detail and giving us a perfect understanding of what was going on in selling our home."
"Your timely responses, thoroughness, and detailed plan were reassuring and you made our lives simpler. We could not have done it without you, Mark!"
"Steven and Marianne McAllister"
" Thank you Mark"
" Thank you Mark, our condominium sale proved to be a very pleasing experience. You were very professional in all dealings and were considerate enough to attend our closing."
"Jan and Erica Huet"
" The best "
" The best thing I can say about Mark is that he kept me appraised of everything. We had good communication."
" Joseph Hernandez "
" THE GREAT SAVE"
"MY WHOLE TRANSACTION ALMOST BLEW UP IN OUR FACES. BETWEEN MARK AND THE OTHER PEOPLE ON THE TEAM EVERYTHING PANNED OUT. MARK IS A VERY MOTIVATED AND KNOWLEDGEABLE!"
"JACOB MESSMORE"
"All our needs were met!"
"Mark and his Team were always prompt in replying to our emails and the team worked diligently to make our closing successful. Matthew the closing coordinator went above and beyond the call to make our transition into our new home a reality!"
"Frank and Judy Sacchetti"
"First Time Home Buyer"
"As A First Time Home Buyer, Mark Took The Time To Make Sure I Understood Everything About The Process. Mark Was Very Patient And Informative."
" Miriah Wells "
Second Property Sold !
"This is the second property Mark has sold in under 2 weeks. He was professional, curious, and knowledgeable about the real estate market"
"Clarine Wells"
Service was excellent.
"Mark was very helpful and empathized with my needs.
He kept me informed and up to date. He did not push me against my will, he worked with my needs."
"Andrine Ann Margaret Stanhope"
Mark did an Exceptional Job!
"Mark did an exceptional job in every sense. We have bought and sold a large number of homes in the past, and Mark did far better than any other Realtor we have worked with. We highly recomend him."
"Richard and Nancy Boss"
He showed me the home that met my expectations.
"I was unsure about the area T wanted to purchase in. Mark took me all over. When he knew what I was lookinh for, he showed me the home that met my expectations."
"Keith Harlan"
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