For Sarasota House Owners Who Can't Make Their Mortgage Payments . . .
Having trouble paying your mortgage? Are you 3, 6, even 9 months behind on payments, or perhaps you're just about to miss your first payment . . .
If you have questions, we have answers:
My name is John Michailidis and I have helped countless Sarasota and Manatee county homeowners to beat the banks at their own game. I've been involved in the real estate industry for over twenty years, have a law degree from the Northwestern University School of Law in Chicago, am recognized as a distressed property and Short Sale sales expert, and am the Broker/Owner of SaraMana Properties.
I know that it's tough to know who to trust, and I know that there are scammers who ask for large up front fees and give worthless advice. That's why my advice is always FREE, and that's why if I do work with a homeowner I always get the BANK to PAY my fee.
I've Prepared a Free Report for You To Read,
But First See What a Happy Client Has to Say . . .
I Look Forward to Speaking With You Soon!
CLICK HERE for Your FREE Report!
For Bradenton, Parrish, Palmetto, Manatee House Owners Who Can't Make Their Mortgage Payments
Having trouble paying your mortgage? Are you 3, 6, even 9 months behind on payments, or perhaps you're just about to miss your first payment . . .
If you have questions, we have answers:
My name is John Michailidis and I have helped countless Sarasota and Manatee county homeowners to beat the banks at their own game. I've been involved in the real estate industry for over twenty years, have a law degree from the Northwestern University School of Law in Chicago, am recognized as a distressed property and Short Sale sales expert, and am the Broker/Owner of SaraMana Properties.
I know that it's tough to know who to trust, and I know that there are scammers who ask for large up front fees and give worthless advice. That's why my advice is always FREE, and that's why if I do work with a homeowner I always get the BANK to PAY my fee.
I've Prepared a Free Report for You To Read,
But First See What a Happy Client Has to Say . . .
I Look Forward to Speaking With You Soon!
CLICK HERE for Your FREE Report!
Sarasota Short Sale Specialist Gets Approvals, Stops Foreclosures . . .
Having a foreclosure on your permanent credit history is extremely damaging to your credit. The good news is that you can avoid foreclosure and the credit damage that comes with it through a Short Sale. John Michailidis, broker/owner of SaraMana Properties has helped countless Sarasota, Bradenton, Venice, Lakewood Ranch, homeowners to avoid foreclosure with an approved Short Sale. He is particularly expert at listing properties that other agents have already failed to sell, and quickly finding a buyer and getting a Short Sale approved.
A Short Sale is a complex transaction, and while any agent is "technically" allowed to attempt one, the truth is that most agents are woefully incompetent to deal with the intricacies and nuances of getting these types of complex transactions to close successfully.
Did you know that there are even agents who take a 2-day seminar to become what is called a "certified distressed property expert," who then go on to market themselves as actually knowing what they are doing when it comes to short sales? Sadly, it takes more than a 2-day course and a 172-page manual to make an expert -- actually getting lots of short sales approved and closed is what it takes to be a true "Short Sale Expert."
John Michailidis and SaraMana Properties are the "true" Short Sale Experts you have been looking for.
A Short Sale Is Unquestionably Your Best Bet For Completely Avoiding Foreclosure And The Long-term Overhanging Debt Of A Deficiency Judgment. Call us today for a FREE consultation . . .
Call: (941) 548-7771
CLICK to Request Our FREE 48-page Short Sale eBook
When it comes to mortgage lenders, homeowners must realize that they are NOT there to "help" -- their aim is to line their own pockets while stripping you of all assets and funds. A Florida Short Sale with a Full Deficiency Waiver saves Sarasota homeowners from Foreclosure.
A Short Sale Is Unquestionably Your Best Bet For Completely Avoiding Foreclosure And The Long-term Overhanging Debt Of A Deficiency Judgment.
Call us today for a FREE consultation . . .
Call: (941) 548-7771
CLICK to Request Our FREE 48-page Short Sale eBook
Good News For Sarasota Homeowners Facing Foreclosure! Banks Are Approving More Short Sales!
We've been doing short sales for a long time now and it has become obvious to us that things are getting easier when it comes to getting Short Sales Approved. For whatever reason, banks seem to be getting the message that Short Sales are a better option for ALL parties concerned (seller, banker, and buyer) as compared to a Foreclosure.
What used to take 7-8 months to get done, if at all, is now taking as little as 3-4 months. In virtually every case where a homeowner can demonstrate a genuine hardship as the reason why they are seeking a short sale, we are able to get a FULL WAIVER of any deficiency!
A Short Sale Is Unquestionably Your Best Bet For Completely Avoiding Foreclosure And The Long-term Overhanging Debt Of A Deficiency Judgment. Call us today for a FREE consultation . . .
Call: (941) 548-7771
CLICK to Request Our FREE 48-page Short Sale eBook
 |
|
|
The SaraMana pre-Foreclosure & Short Sale Team of SaraMana Properties is led by Broker/Owner John Michailidis, and serves the greater Venice, Sarasota, Bradenton, and Lakewood Ranch, Florida areas.
About SaraMana Properties
SaraMana Properties is a full service residential real estate brokerage serving buyers and sellers in the following Florida Gulf Coast communities: Sarasota, Bradenton, Lakewood Ranch, Siesta Key, Bird Key, Lido Key, Longboat Key, Holmes Beach, Bradenton Beach, Anna Maria Island, Venice, Parrish, Ellenton, Nokomis, Osprey, Laurel, Clearwater and Palmetto FL.
About the SaraMana pre-Foreclosure Assistance Team
The SaraMana pre-Foreclosure Assistance Team is a full service residential real estate brokerage specializing in educating and assisting Sarasota and Manatee County, FL families and individuals facing foreclosure on the topics of: loan modification, deed-in-lieu-of-foreclosure, bankruptcy, and short sales. Our expert team of listers, marketers, legal affiliates, negotiators, and title closers has an unrivaled reputation for successful short sale outcomes in the greater Sarasota and Manatee County, FL areas. If you are facing foreclosure, please contact us for a Free, No-obligation, Confidential Consultation: 888-414-6833 ext. "0"
We also work with trained affiliates throughout the State of Florida -- contact us for expert handling of your Florida short sales.
About John Michailidis
John Michailidis, broker/owner of SaraMana Properties and the SaraMana pre-Foreclosure Assistance Team is a graduate of the Northwestern University School of Law in Chicago (Juris Doctor), a Certified Residential Specialist (CRS), and Graduate of the Realtor Institute (GRI) who began his real estate career in 1990. Mr. Michailidis is also a nationally recognized author on real estate related topics with many articles to his credit, and the WealthLoop Series book, "Beginner's Guide to Building Wealth Buying Houses."
Successfully Closed Short Sale -- Parrish, FL
“We owed our lender nearly $360,000 on a house that was currently worth closer to $200,000. We had already moved out of the property and there was no way we could continue to pay. We were months behind on payments and we just assumed that foreclosure was inevitable.
We had resigned ourselves to the fact that our credit would be ruined for the next ten years and that we would owe the bank over $100,000 in back payments, interest, and fees. That’s when we were contacted by the SaraMana Short Sale Team.
They found a buyer and they handled all of the negotiations -- we were minimally involved after the short sale package was put together and delivered to the lender. Truthfully, our lender seemed to go out of its way to make things difficult, and to be honest, there were times that we thought it wasn’t going to work out. I think if we were doing it on our own we'd have given up, but since we had confidence in John and his team we kept our hopes up throughout -- after all, SaraMana wasn't charging us anything and since we were in foreclosure anyway we knew that we had nothing to loose.
They worked for five months to get our short sale approved and the outcome was nothing short of FANTASTIC! It was better than we could have ever imagined!
Even though we owed them nearly $360,000 the bank agreed to sell the property for much less -- and they forgave the entire difference of over $162,000! We couldn’t have asked for a better outcome.”
Here's another satisfied seller we helped . . .
Successfully Closed Short Sale -- Bradenton, FL
“As a broker myself, it’s tough to admit that I ‘got caught with my pants down’ when the market took a dive. I owed over $140,000 on a rental duplex that was now only worth between $60,000 and $70,000. Rents weren’t keeping up with the payments and the bank had filed to foreclose.
Knowing the business as I do, I realized that selling was my only way out. I knew that filing bankruptcy wouldn’t stop a foreclosure, and I knew that my credit would be damaged for years if I didn’t do something immediately. I had tried to sell the property for close to what I owed, but that just wasn’t happening given how much property values had fallen.
What John from SaraMana proposed made total sense to me – they would find a buyer, negotiate hard to get the bank to approve a short sale, and if they were successful the foreclosure would be stopped and I’d be free of big pain in the %#@!
Since I knew John's work from "being in the business" myself, I knew that he was getting short sales approved and closed. They handled all of the negotiating and I didn’t have to personally battle with the bank.
In the end I was not disappointed! They were able to negotiate a short sale approval and I didn’t have to bring any money to the table, and the bank didn’t force me to sign a note for the difference, which is so often the case with short sales.
When it was all said and done, I was completely satisfied with the process and the outcome!
If you too are facing foreclosure, whatever you do, don’t think the problem will go away by itself -- you’ve got everything to gain and nothing to loose by working with the SaraMana Short Sale team.”
And here's one more . . .
Successfully Closed Short Sale -- Sarasota (Siesta Key), FL
“My mortgage balance was over $600,000, I'd lost my income, and I had completely given up hope. Fortunately for me, a good friend of mine is in the real estate business and he recommended SaraMana as a short sale company who were experts at helping people in my same situation.
Truthfully, the bank had already turned me down for a modification, there was no way I could refinance since property values had fallen so much, and I simply didn't believe that I could be helped. I procrastinated for weeks, and the only reason I did eventually call was because my real estate friend kept pestering me.
Long story short, I ended up hiring John and his team to list and short sale my property. They worked very hard for me. After several months of them negotiating with the bank we finally got a short sale approval, only to discover at the last minute that the house had a serious code violation -- the deal was dead! I was devastated and felt I couldn't catch a break!!!
Incredibly, while I was bemoaning my fate, John and his team stepped up to the plate in a big way. They made calls to the county. They made calls to attorneys. They found a new buyer who was aware of the issues and okay with them. And they got the bank to approve this second offer, even though it was a full $100,000 less than the first offer they'd already approved!
The bottom line is this -- SaraMana found a buyer and brought in a contract (two actually), they got the bank to approve the short sale (twice), and in the end they got the bank to FORGIVE OVER $365,000!!!!!!
Can you imagine the relief I felt . . . it was like a miracle from God!"
Are you starting to see a pattern . . .
Successfully Closed Short Sale -- Lakewood Ranch, FL
“I first listed my home with another company, but they weren't able to get it sold. Due to circumstances beyond our control we were forced to close our business. I paid on our mortgage for as long as I could, but without a regular income we eventually fell many months behind on our $800,000 mortgage .
As a businessman myself, the thing I liked about John and his team right from the start is that they were up-front with me from the beginning -- they didn't try to sugar-coat the situation and I could just tell that they knew what they were doing.
As it turned out, my bank was extremely difficult to deal with, because they kept insisting the property was worth $150,000 more than the current market value -- you try selling a property currently worth around $450,000 for $600,000 and see how far you get!
SaraMana kept working on the bank -- sending comparable property statistics, sending photos, sending local newspaper articles, sending regular neighborhood sale updates -- they were relentless. Finally, after months, they were able to bring the bank around to reality.
The biggest compliment I could give John and his team is this, 'They did exactly what they said they would do!' The first broker I tried talked a good game, but couldn't produce. In the end, SaraMana found a cash buyer, and got my bank to accept a sale price that was over $330,000 less than my mortgage balance!
Deficiency Judgment Waived -- Another Homeowner Saved!
Short Sale Approval Letters from Wachovia Mortgage include the following language:
"Wachovia Mortgage, a division of Wells Fargo Bank, N.A., has agreed to accept a short sale of the loan referenced above in connection with the sale of the property securing the debt, contingent upon the following conditions with an "X" below being met . . ."
blockquote>Here's another example of how we were able to have the deficiency judgment waived for our client! Take note of the Short Sale Approval Letter below, in which we were able to persuade Wachovia, to their great credit, not to "X" the condition allowing them to, "pursue any deficiency in relation to this Short Sale . . ."
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
