Torey Eisenman

We hear very often that Short Sales do not close. Our office is in Orlando, Florida and we have successfully negotiated all of our short sale listings. This is not an easy process. We select our sellers based on having a true hardship and the necessity to short sale in Orlando. We educate the buyer on the process so they know what to expect.

A short sale is a complicated process and requires hiring a team that is organized and diligent. Understand with a foreclosure there can be future garnishment of wages. A short sale is negotiated and in many instances a lender will waive the right to pursue the loss in the future. In addition, a primary resident may receive between $3,000 and $20,000 in relocation money from the lender. The lender pays the real estate agent and the closing costs associated with the sale. A primary residence falls under the Debt Forgiveness Act of 2007. Understand this expires December 31, 2012. This definitely changes the tax consequences of a sale. More information can be found at www.irs.gov.

Understand the process and protect your rights!

Click this link to view the steps necessary to complete a successful short sale.

Call Torey Eisenman today at 321-422-4729 for a confidential phone interview regarding your options.

Please seek legal advice and accounting. This information is for informational purposes only.
Contact Torey Eisenman, CSSA, CDPE, Realtor®, Benchmark Real Estate Inc. Licensed Realtors® in Florida at 321-422-4729 to list your property for sale or to purchase a property in Orlando, Heathrow, Lake Mary, Winter Springs, Oviedo, Altamonte Springs, Alaqua, Alaqua Lakes, Estates at Springs Landing, Sanford, Casselberry and the rest of Seminole County Florida, Orange County Florida and Osceola County Florida. We are accepting referrals.

Selling a home in Orlando, Florida can be challenging. In today’s real estate market it is important to hire a real estate agent that is familiar with your area. Should you be facing a short sale it is important that you choose a real estate agent that understands the process and know how to put a lender package together. Click this link for additional information on choosing an agent in your area.

http://www.benchmarkgroupfl.com

Call Torey Eisenman today at 321-422-4729 for a confidential phone interview regarding your options.

Please seek legal advice and accounting. This information is for informational purposes only.
Contact Torey Eisenman, CSSA, CDPE, Realtor®, Benchmark Real Estate Inc. Licensed Realtors® in Florida at 321-422-4729 to list your property for sale or to purchase a property in Orlando, Heathrow, Lake Mary, Winter Springs, Oviedo, Altamonte Springs, Alaqua, Alaqua Lakes, Estates at Springs Landing, Sanford, Casselberry and the rest of Seminole County Florida, Orange County Florida and Osceola County Florida. We are accepting referrals

You don't have to wait 2 years from a short sale is you have restored your credit. RBC will also loan on condo's.

Home Equity Loan (HELOAN) with RBC Bank

(as of 7/15/2011)

Kimberly Snelgrove Sicilia Bonilla

Kimberly.snelgrove@rbc.com sicilia.bonilla@rbc.com

(407) 998-8700 (407) 998-8700·

Qualifying properties:

Primary residence – house or condo

o Single family secondary residence or vacation home

oRental Investment property including condo

· Rate: fixed

oDiscount available with auto draft from RBC checking account (up to .75% off)

· Closing Costs:

o1% origination fee

oClient pays all closing costs

Minimum monthly payment:

oPrinciple + Interest with maximum amortization of 30 years

Max 10 yr term – 1st lien Primary owner occupied residence, including condos

Max 15 yr term – all other 1st lien transaction (second homes, investment property) and

all 2nd lien transactions.

Requirements to complete the loan:

oSigned 4506T form personal and business (if self employed)

oLast 2 pay stubs

oLast 2 years W2’s

oLast 2 years of signed and filed tax returns (underwriter’s discretion)

Personal and business (if self employed)

oSigned Personal Financial Statement (PFS)

oA RBC Signature Solutions Package must be opened to get final approval for this line of credit

Signature Solutions Package requirements:

Checking account with Debit Card and opening deposit

Savings account with opening deposit

*Risk based pricing is calculated thru Equifax credit score and internal underwriting guidelines.

No Annual Fee or Prepayment Penalty

Max loan for RBC HELOAN when in…

Credit Max LTV 1

st Lien Max 2nd

Lien Max Max DTI Max Total Liens

740+ 65% 500,000 250,000 50% 1,000,000

740+ 75% 350,000 200,000 50% 1,000,000

700+ 65% 350,000 200,000 45% 1,000,000

We can assist you with buying, selling and we specialize in short sale listings and rental properties.

http://www.orlandohomessales.com

Call Torey Eisenman today at 321-422-4729 for a confidential phone interview regarding your options.

Please seek legal advice and accounting. This information is for informational purposes only.
Contact Torey Eisenman, CSSA, CDPE, Realtor®, Benchmark Real Estate Inc. Licensed Realtors® in Florida at 321-422-4729 to list your property for sale or to purchase a property in Orlando, Heathrow, Lake Mary, Winter Springs, Oviedo, Altamonte Springs, Alaqua, Alaqua Lakes, Estates at Springs Landing, Sanford, Casselberry and the rest of Seminole County Florida, Orange County Florida and Osceola County Florida. We are accepting referrals.

It is true short sales do close. Below are a couple of examples of short sales we recently closed.

 

GREAT HOME NEAR LAKE NONA MEDICAL CITY: Owner purchased this home for $305,000 in 2006. The home sold as a short sale for $155,000. The deficiency was waived and it was a primary residence falling under the Debt Relief Act of 2007. The seller will not be penalized with taxes.

 

AMAZING HOME IN OVEIDO NEAR SEMINOLE STATE COLLEGE. GREAT SCHOOLS: Home purchase in 2007 for $385,000. This property was short sold this year. Purchase price of $205,000. Seller had the deficiency waived and paid no moneys at closing.

 

You can sell your home if your mortgage more than your home value. You do have options. We would be pleased to assist you.

 

Torey Eisenman

Benchmark Real Estate Group, Inc.

321-422-4729

Does it feel like trust is one of the major casualties of the economic meltdown of 2008 – followed by the “Great Recession,” the “Jobless Recovery” and now the threat of a “Double Dip Recession?”

Weren’t we assured that home values were destined to go up and up and up?

There have been lots of promises that help is on the way—and lots of warnings of scams and schemes that have only served to confuse the matter. So where’s a homeowner who’s underwater or overleveraged to turn?

Here’s the bottom line: the choices that homeowners make when they feel they are at the end of their rope will have ramifications for years to come on their ability to qualify for credit, their job prospects, their security clearance and their overall finances. When a family’s financial trajectory is rapidly heading in a negative direction, there’s no substitute for the helping hand of a knowledgeable expert who has the integrity, the experience and the training to reverse the course—someone who is tapped into regulatory initiatives and can separate fact from fiction.

It is my mission to serve as a credible source of information and perspective to homeowners who have found themselves in a tough situation and need help sorting through their options. That’s why I sought out the Certified Distressed Property (CDPE) designation—the most renowned and recognized credential in the distressed property field, and it’s why I continue to stay on top of regulatory and industry developments that impact options available to homeowners who are struggling with their current financial situations.

My message to homeowners who do not know where to turn: there is hope. Foreclosure is not inevitable and neither the government nor your bank wants to see that happen. No one expected to find themselves on the brink of foreclosure, but I have worked with countless clients who have managed to turn their financial trajectory around and get on a path of financial recovery.

It CAN be done! And it would be my privilege to help.

Call us and let us assist you today. We have attorneys and accountants that will provide you with COMPLIMENTARY consultations to enable you to make the best business decisions.

321-422-4729

www.OrlandoShortSaleHelpNow.com