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Sheila Newton Team~Anderson & Greenville SC Real Estate/ Foreclosures/Short Sales

GAMAC - Greater Anderson Musical Arts Consortium - February 2012 Events

Concert - Anderson Symphony In Paris

Sunday, February 19, 2012 at 3:00 pm

Rainey Fine Arts Center Anderson University

316 Boulevard Anderson, SC 29621

Greater Anderson Musical Arts Consortium

The Anderson Symphony salutes the City of Lights in this French inspired afternoon
of Pops favorites! Presented in conjunction with the Anderson International Festival’s 2012 celebration French culture…Joie de Vivre!

Tickets: Adults - $15, Students - $7

Click to visit the site

Events at Civic Center Of Anderson SC For February 2012

Mardi Gras In the Electric City

Friday, February 17, 2012 AT 7:00PM

At: Civic Center of Anderson 3027 Martin Luther King Jr. Boulevard Anderson, SC 29621

Includes Tastings from area restaurants, beer and wine, music by The Back 9 (from Spartanburg), and a silent auction. A cash bar will also be available.

Cost: Adult - $30.00


Click to visit the site

Are You A Go-Giver or A Go-getter? Or Both?

Everyone has heard of a Go-getter. Most good Realtors are Go-getters. Go-getters are people who take action rather than waiting for circumstances to go their way. They create circumstances that go their way and make things happen. They get things done! But as great as it is to be a Go-getter, being a Go-giver is even better.

So what is a Go-giver you ask? Well, a Go-giver adds value to others in a way that helps them significantly while at the same time increasing their own sense of joy and improving their bottom line, both in business and their personal life.

Being focused on others instead of focused on yourself makes other people feel good about you and makes them recognize the value you bring to their lives. When that happens, they're much more excited about adding value to your life, just as you have for them. Therefore creating a win/win for you both.

The golden rule of business is that all things being equal, people will do business with and refer business to those people they know, like, and trust. There's no quicker, more powerful, or more effective method of eliciting those feelings in others than by focusing on putting their interests first. We all remember the saying “ people don’t care what you know, til they know that you care”, right? That was one of the first things I was taught in real estate. I have tried to always remember that in my business and I feel it has paid off over the years.

I like the term Go-giver. I plan on using it more and practicing it more in my life and business. I think you can be both a Go-getter and a Go-giver. So for 2012, do you want to be more of a Go-giver? Why not try it? It could make you happier and more successful.

Many Banks are Paying Cash For Short Sales

Many banks are now accelerating efforts to move troubled mortgages off their books and are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties for less than they owe. This is called a short sale.

Lenders have routinely delayed or blocked such transactions in the past in which they accept less from a buyer than the seller’s outstanding loan. Now banks have decided the deals are faster and less costly than foreclosures. Banks are nudging potential sellers by pre-approving deals, streamlining the closing process, forgoing their right to pursue unpaid debt and in some cases providing large cash incentives.

Losses for lenders are about 15 percent lower on the short sales than on foreclosures, which can take years to complete while taxes and legal, maintenance and other costs accumulate. The deals accounted for 33 percent of financially distressed transactions in November, up from 24 percent a year earlier.

As lenders shift their focus to short sales, they are finding that some borrowers would rather risk repossession while they wait for a loan modification. In a loan modification, the monthly payment, and sometimes principal, is reduced to help prevent seizure. The problem with loan mods is so few are approved and by the time the process goes through, sometime the foreclosure is too close to allow time for the short sale.

Many banks off the incentives due to all of these factors. My team and I have helped many homeowners with their short sale in the past few years. If you want to know more about short sales visit our website at www.SCForeclosureOptions.com and give us a call if you have any questions or would like to talk to us about short sales or any other real estate matter you may have. We love to help families in Upstate South Carolina!

In the Midst of the Foreclosure Process? You Have Other Options!

There are certain questions that arise when you are in the midst of a foreclosure process. Should I stay in my home? Why would my lender rather do a short sale than a foreclosure? All of these questions and their answers become increasingly important as time slips by. The more you know, the better your position will be to negotiate with your lender to avoid a foreclosure on your home and your dreams. Click here to find some frequently asked questions concerning the foreclosure process and what you can do to avoid it.