“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Burbank Real Estate

NEW WORKOUT PLAN FOR DELINQUENT LOANS - Loan Modification info

Freddie Mac has announced a pilot workout strategy for high-risk loans that attempts to use teams of contract loan servicers to match troubled borrowers with the most effective plans to stabilize their higher-risk mortgages.

Freddie says having knowledgeable personnel working with borrowers is key to the program's success.

"A workout strategy is only as successful as the number of knowledgeable counselors available to answer the phone. Our strategy for high risk loans is designed to help servicers cope with today's unprecedented call volume by directing calls to a specialist with the specific staff and technical resources for handling a high volume of borrowers with these types of mortgages," Ingrid Beckles, Freddie Mac's senior vice president of default asset management, said in a statement.

Ocwen Financial Corp. is one of the first servicers Freddie has selected for the pilot program. Initially, Ocwen will work with an estimated 5,000 reduced-documentation, Alt-A loans from California, Nevada and other states with high delinquency rates. Alt-A loans account for half of seriously delinquent mortgages.

Source: Freddie Mac (02/03/2009)

If you are thinking about buying, selling, leasing in Burbank CA, San Fernando Valley, Santa Clarita Valley, Antelope Valley, in los Angeles County, CA. please contact Lupe for a free consultation. REO Agent & Feng Shui Realtor

www.HomeswithLupe.com

www.IncomePropertiesWithLupe.com

www.CondosWithLupe.com

www.LandWithLupe.com

www.LendingWithLupe.com


Click Here

BPO services Burbank, San Fernando Valley, Los Angeles County

Broker Price Opinions - BPO services Burbank CA, San Fernando Valley, Los Angeles County (818)968-3718

TAKE CONTROL OF YOUR VALUATION NEEDS

SUCCESS SHOULD NEVER HAVE TO BE ACCOMPANIED BY A HIGH PRICE

Lupe Soto Team offers low flat fees and services around your personal and corporate needs. We always have our client's best interst at heart and price ourselves on a foundation built solely on integrity and respect for our mutual clients. Working with Lupe Soto Team should be deemed a strategic alliance. Below are a few of our service speciaifications as well as our pricing.

PRODUCTS & PRICING FOR BROKER PRICE OPINIONS - BPO

Interior Report: (under 24 hours) $140

Exterior Report: (under 48 hours) $100

Desktop BPO's (under 24 hours) $50

Full FNMA-1004: (under 48 hours) $350 (for SFR & condos)

We deliver on our promise of excellence!

WHY CHOOSE OUR SERVICES?

  • Lowest fees
  • Fastest turn around times
  • Quick value appeal resolution
  • Most experienced BPO Agent, REO Agent, Appraiser
  • Emails are always returned within 15 minutes

REQUEST A BPO, click here

or email

sotolupe@charter.net

or fax your request to

(818)253 2189

OUR CONTACT INFO:

Lupe Soto, Branch Manager, Reo Agent, BPO Agent
CREN Certified Real Estate Negotiator
DRE License # 01380599
Burbank in Action Realty
3500 W Olive Ave # 300
Burbank CA 91505
(818)253-2189 Office
(818)968-3718 Cell
(818)253-2189 e-fax

Our websites:

http://www.REOAgentLupe.com

http://www.HomesWithLupe.com

http://www.BPOlacounty.com

http://www.BurbankinAction.com

RE0 Agent Burbank & San Fernando Valley (818)968-3718

REO Agent Burbank & San Fernando Valley, CA (818)968-3718, Lupe Soto is member REOAssign.com, REOAgentDirectory.com, REOAgentList.com, REOAgentRoster.com, REOListingAgents.com

We have the experience, skills and time for all your REO needs: BROKER PRICE OPINION - BPO & REO LISTINGS

CALL (818)968-3718 or EMAIL: sotolupe@charter.net

CUSTOMER FOR LIFE: Everyone of my cleints is unique, and the is exactly how I treat hiim or her. I am proud to say that a high percentage of my business comes from past clients-from people who choose my services time and again. I don't measure my success by sales, but by the relationships I build along the way.

MY COMMITMENT TO YOU: in the least amount of time possible, I will get you the best price for your properties! I fully market each and every one of my REO listings from day one. I am also a Feng Shui Realtor and I specialize in vacant properties.

TEAM LUPE SOTO is a strong competitor in Burbank & San Fernando Valley, CA for your BPOs, REOs & Foreclosed Properties in Los Angeles County. Lupe Soto Team has 6 yrs combined experience in the RE Industry. Our team is sep up to complete your REO transaction from start to finish. We work with many CASH investors and first time buyers. With our markting team, BPO specialists, appraisers, contractors and rehab supervision, we offer a quick and professional transaction. Residential & Commercial Properties. Give us a try, you won't be dissapointed. Free BPO with every listing. thank you for taking the time to look over our services. Our goal is to provide top notch service beyond the expectations of our lenders & asset disposition firms. This creates a strong, reliable working relationship.

Contact me Lupe Soto Team via email at: sotolupe@charter.net or phone for a list of foreclosed properties.

REO EXPERIENCE:

  • 24/7 Availability
  • BPO - same day -48 hour turn around, cheapest fees anywhere, guaranteed. Residential/Commercial
  • Cash for keys and evictions
  • Contractor Coordinator
  • Eviction Assistance
  • Landscaping Coordinator
  • Monthly report
  • Occupancy checks weekly/monthly
  • Occupancy determination
  • References available
  • Repair Bids
  • Same day drive by BPO
  • Trashout and rekey
  • Utilities on
  • Utility determination

HOW MANY YEARS OF REO EXPERIENCE: 6

TOWNS/CITIES & ZIP CODE SERVICES:

- BURBANK, CA 91510
- BURBANK, CA 91521
- BURBANK, CA 91522
- BURBANK, CA 91523
- BURBANK, CA 91526
- CALABASAS, CA 91302
- CALABASAS, CA 91372
- CANOGA PARK, CA 91303
- CANOGA PARK, CA 91304
- CANOGA PARK, CA 91305
- CANOGA PARK, CA 91309
- CHATSWORTH, CA 91311
- CHATSWORTH, CA 91313
- ENCINO, CA 91316
- ENCINO, CA 91416
- ENCINO, CA 91426
- ENCINO, CA 91436
- GLENDALE, CA 91201
- GLENDALE, CA 91202
- GLENDALE, CA 91203
- GLENDALE, CA 91204
- GLENDALE, CA 91205
- GLENDALE, CA 91206
- GLENDALE, CA 91207
- GLENDALE, CA 91208
- GLENDALE, CA 91209
- GLENDALE, CA 91210
- GLENDALE, CA 91221
- GLENDALE, CA 91222
- GLENDALE, CA 91225
- GLENDALE, CA 91226
- GRANADA HILLS, CA 91344
- GRANADA HILLS, CA 91394
- LA CRESCENTA, CA 91214
- LA CRESCENTA, CA 91224
- MISSION HILLS, CA 91345
- MISSION HILLS, CA 91346
- MISSION HILLS, CA 91395
- NORTH HILLS, CA 91343
- NORTH HILLS, CA 91393
- NORTH HOLLYWOOD, CA 91601
- NORTH HOLLYWOOD, CA 91602
- NORTH HOLLYWOOD, CA 91603
- NORTH HOLLYWOOD, CA 91605
- NORTH HOLLYWOOD, CA 91606
- NORTH HOLLYWOOD, CA 91609
- NORTH HOLLYWOOD, CA 91611
- NORTH HOLLYWOOD, CA 91612
- NORTH HOLLYWOOD, CA 91615
- NORTH HOLLYWOOD, CA 91616
- NORTH HOLLYWOOD, CA 91618
- NORTHRIDGE, CA 91324
- NORTHRIDGE, CA 91325
- NORTHRIDGE, CA 91327
- NORTHRIDGE, CA 91328
- NORTHRIDGE, CA 91329
- NORTHRIDGE, CA 91330
- PACOIMA, CA 91331
- PACOIMA, CA 91333
- PACOIMA, CA 91334
- PANORAMA CITY, CA 91402
- PANORAMA CITY, CA 91412
- PORTER RANCH, CA 91326
- RESEDA, CA 91335
- RESEDA, CA 91337
- SAN FERNANDO, CA 91340
- SAN FERNANDO, CA 91341
- SHERMAN OAKS, CA 91403
- SHERMAN OAKS, CA 91413
- SHERMAN OAKS, CA 91423
- SHERMAN OAKS, CA 91495
- STUDIO CITY, CA 91604
- STUDIO CITY, CA 91614
- SUN VALLEY, CA 91352
- SUN VALLEY, CA 91353
- SYLMAR, CA 91342
- SYLMAR, CA 91392
- TARZANA, CA 91356
- TARZANA, CA 91357
- TOLUCA LAKE, CA 91610
- UNIVERSAL CITY, CA 91608
- VALLEY VILLAGE, CA 91607
- VALLEY VILLAGE, CA 91617
- VAN NUYS, CA 91388
- VAN NUYS, CA 91401
- VAN NUYS, CA 91404
- VAN NUYS, CA 91405
- VAN NUYS, CA 91406
- VAN NUYS, CA 91407
- VAN NUYS, CA 91408
- VAN NUYS, CA 91409
- VAN NUYS, CA 91410
- VAN NUYS, CA 91411
- VAN NUYS, CA 91470
- VAN NUYS, CA 91482
- VAN NUYS, CA 91496
- VAN NUYS, CA 91497
- VAN NUYS, CA 91499
- WEST HILLS, CA 91307
- WEST HILLS, CA 91308
- WINNETKA, CA 91306
- WINNETKA, CA 91396
- WOODLAND HILLS, CA 91364
- WOODLAND HILLS, CA 91365
- WOODLAND HILLS, CA 91367
- WOODLAND HILLS, CA 91371
- WOODLAND HILLS, CA 91399

PRODUCTS & PRICING: BPO services in Los Angeles County. We deliver on our promise of excellence!. Lowest fees nationwide. Faster turn around times, quick value appeal resolution, most experienced BPO Agents, REO Agents and Appraisers. Emails are always returned within 1/2 hour. Phones calls are handled efficiently and we return calls within 1/2 hour at the latest.

Interior Report under 24 hours $140
Exterior Report under 48 hours $100
Deskyop BPO's under 24 hours $50
Full FNMA-1004 under 48 hours $350 (for residential SRF or condos)

OUR INFORMATION:

Lupe Soto, Branch Manager
Licensed Realtor, CREN Certified Real Estate Negotiator
REO Agent
DRE# 01380599
Burbank in Action Realty
3500 W Olive Ave # 300
Burbank CA 91505
(818)253 2190
(818) 968-3718-cell
email: sotolupe@charter.net

Our Websites:

http://www.BPOLACounty.com

http://www.REOAgentLupe.com

http://www.HomesWithLupe.com

LIST OF BANK OWNED HOMES IN BURBANK & SAN FERNANDO VALLEY, CLICK HERE

Real Estate Negotiator, Lupe Soto (818)968-3718

Burbank Real Estate & San Fernando Real Estate & Homes For Sale with Lupe Soto (818)968-3718. For Bank owned or REO properties in Burbank & San Fernando Valley, please go to: www.HomeswithLupe.com or for multi-family income properties, please visit: www.IncomePropertiesWithLupe.com. Lupe Soto, Successfully Negotiations Real Estate Transactions With Unmatched Dedication!

What makes a real estate agent a good negotiator?


Certified Real Estate Negotiator
Lupe Soto (818)968-3718

Request a complimentary consultation, click here

Quite often I see buyers and sellers request an agent with the number one prerequisite that they be a good negotiator. But what does that mean? What does that mean to the real estate agent and to the consumer who is requesting this quality? And does the consumer really understand what a good negotiator does in a real estate transaction? Is the real estate negotiator's job solely to get the price up for the sellers and down for the buyers or are there other issues that qualify a real estate agent as a good negotiator?

As a professional who has been practicing real estate since 2003, I attest that negotiations start even before the buyer sees the house or the seller puts the property on the market and does not end until after the closing papers are signed and even beyond. In this article I will focus on negotiating for the buyers (and only refer to the sellers, periodically) to provide a clarity of examples and not look for a parallel at every turn.

Since I work with first time home buyers and savvy investors, I can see clearly where my experience and expertise in negotiations is most valuable. Being astute listener is the best skill a good negotiator can have when it comes to get the buyers what they want. A real estate agent should understand the buyers' needs at first meeting. One achieves this result by asking the right questions and applying the answers to the criteria and the process of buying a home. If the buyers give an indication that they are not sure of their financial stability, this issue should be addressed foremost. If the buyers indicate that they are not sure of the area or criteria for their new home, the real estate agent must discuss and give options to formulate a better plan of action to achieve the ultimate result of acquiring a property.

Once the buyer is focused, it is time to look at what is available on the market. At times, preliminary negotiations take place at the appointment booking. As an example, when the property is priced at or above the buyers' financial comfort level, the real estate agent can finesse the information out of the listing agent as to the sellers' firmness on the price. This can go a long way once the negotiations on the offer take place. A good negotiator is a good researcher. A real estate agent who is worth his/her weight in gold will never give you an opinion of value without full market analyses, no matter how experienced they are in that location. Market changes practically on a daily basis and unless you write offers or go over market statistics on a daily basis you need a market analyses, specific to the subject property, to determine the home's value. The next step for a good negotiator is to plan out a strategy with the buyers to achieve the goal of getting that house and getting it at the price the buyers have decided they want to pay. At this juncture, the buyers should to be aware that, (especially in a seller's market) sometimes, an agent's job is to beat out the other competing buyers and just get that house for the clients. Sometimes a negotiating strategy has to be changed midstream when the agent finds out that there are multiple offers.

A good negotiator knows what questions to ask and how to ask them. Prior to presenting an offer, a good negotiator will talk with the listing agent to determine motivation, time line and any other elements of information which can be useful in negotiating the offer.

A good negotiator will make the buyers real and human to the sellers and listing agent. I always include an introductory letter with our offer, from the buyers to let the sellers learn a little about the buyers' motivation, interest in the house and financial ability. Rejecting a human being is a lot harder than rejecting a price that is too low. Knowing when to give a little is a good negotiating tactic. Beating up a seller on the price is not advisable even when you know you can. You never know when you might need something down the road. Being true to your word is paramount for a good negotiator. If you tell the seller that your offer expires at a certain time, make sure that it does. If you allow for something (such as an arbitrary time extension), the seller or listing agent will know that you will bend on other items as well. Work out all possible scenarios before presenting offers so that you know how to respond when the time comes.

A good negotiator is always negotiating . Through out the transaction, there will be times for discussion when buyers and sellers will want something from the other party. A real estate agent will use his/her experience to be sensitive to know when to ask and for how much. A good negotiator knows that the ideal negotiation is a "win - win" negotiation. There are no losers when it comes to a successful process, everyone should come out a winner!

There are no losers when it comes to a successful process, everyone should come out a winner!

Request a complimentary, no commitment Buyer's Needs Assessment from Lupe Soto to begin your next home search! CONTACT LUPE, CLICK HERE


Click Here

THE LOAN PROCESS Pre-approval - LendingWithLupe.com (818)968-3718

Lupe Soto Realtor & Loan Expert FHA & Conventional loans, First time buyers and savvy investors. Burbank Real Estate & Homes for Sale. San Fernando Valley Real Estate & Homes for Sale, Antelope Valley Real Estate.

Buyers First Step to Homeownership is to be pre-approved

Buyers first step to homeownership is to be pre-approved

1: You will save much time, effort and heartbreak by knowing exactly how much home or condo you can afford and can concentrate on your price range. If all that the buyer can afford is a $280,000 home, the time that the buyer wastes on looking at homes in $300,000-$350,000 range can be utilized better by looking at properties in his/her price range.

2: In the current real estate market condition, the chances are great that the buyer will end up buying a foreclosure or short sale property in Burbank, San Fernando Valley, Antelope Valley in Los Angeles County, banks or sellers WILL NOT consider an offer on their property unless the buyer attaches a pre-approval from a lender. A pre-approval letter is not a pre-qualification letter. In order to obtain a pre-approval loan letter, your lender of choice will actually review your income documentation, run your credit report, verify funds available for down payment, give you a quote with interest rated and provide you a good faith estimate of the closing costs required to close the transaction. Even then, most bank owned sellers will also require a cross pre-qualification from a mortgage broker of sellers choice.

3: FHA and VA loans are the engine that runs our current banking economy; banks like to make these loans because they are backed by the US government. However offers that are made on behalf of a buyer that finances their purchase through these loans must conform to the specifications that are imposed by FHA and VA lenders. For example; if a veteran wants to buy a condominium, the condo project must be approved by Veteran Administration or FHA. Your Realtor must know if you are using an FHA or VA or conventional loan so the offer would comply with their rules. How can your Realtor know which loan you will get if you haven't been pre-approved?

For your convenience, we will email you the loan application for FHA loans or conventional loans to be completed in the comfort of your home and when ready you can return it to us or to your lender via email, via fax or in person. We make it easy and convenient to apply for a pre-approval mortgage loan.

THE LOAN PROCESS - PRE-APPROVAL

How is pre-approval different from pre-qualification? What are the advantages of each and which option would be the best for you?

Pre-Qualification

This is an assessment by the lender, based on certain basic information given by the borrower (e.g. employment, income, asset information, current monthly debt, and credit worthiness). Based on this quick evaluation the lender makes a tentative decision to pre-qualify the borrower for a certain loan amount. This does not commit the lender at all to the applicant, being only an opinion of the lender.

Pre-Approval (required per Seller)

Like a pre-qualification, a pre-approval involves a lender making an assessment of a borrower's buying capacity based on her or his income. But unlike a pre-qualification, a pre-approval letter also checks the applicant's credit and is a surer verification of a borrower's income. It takes longer to process and will require more comprehensive documentation, but gives a clearer and more definitive guarantee of the loan amount a borrower is entitled to. Be prepared to meet with lender and provide the following: paystubs for salary borrowers, income tax returns for 2008 & 2007 with W-2's, 1099, copy of your most recent bank statement or 401K where you have funds available for the downpayment.

Why Choose Pre-Approval?

It's advisable to go straight to a pre-approval for several reasons. A pre-approval can strengthen your purchasing power: as a far more accurate evaluation of how much house or real estate you are capable of buying, it will be more appealing and thus perform better than a pre-qualification in a competitive sellers' market. It's also more time-effective since it reduces the time your lender will need to process and fund your loan.

CONTACT LUPE - MORE LOAN INFORMATION

EASY SEARCH - ANY PRICE - ANY AREA

FOR REO & BANK OWNED, PLEASE CHECK THIS BOX


Click Here

FHA LOANS & CONVENTIONAL LOANS serving areas: : Arleta, Burbank, Canoga Park, Chatsworth, Encino, Glendale, Granada Hills, Hidden Hills, Lake Balboa, Lake View Terrace, Mission Hills, North Hollywood, North Hills, Northridge, Panorama City, Pacoima, Porter Ranch, San Fernando, Reseda, Sherman Oaks, Studio City, Sylmar, Sun Valley, Sunland, Toluca Lake, Topanga Canyon, Tujunga, Valley Village, Valley Glen, Van Nuys, Universal City, West Hills, Winnetka, Woodland Hills