Nestor & Katerina Gasset Realtors® Wellington Florida Luxury Homes

We regret to inform you that we are going to be canceling our listing contract with you. We have tried to do all that we can to help you including feeling sorry for you but you must be able to help not hinder the sale of your home.

When you first called us I felt so bad for you. My heart went out to you. You were no longer able to pay your payments. The first thing we do is have a telephone intake evaluation to make sure that your listing is one that we see being able to close as a short sale. You wanted to keep your home so we did the numbers for you to see if you could get a loan modification. You also tried on your own to get a loan modification. That was not possible as you have no income coming in except for some disability payments. You can not afford to keep your home no matter how low the payments could be adjusted.

We felt so bad for your situation. You really needed to talk to an attorney. You did not have the money to pay for the attorney. We even told you how to go get food stamps and get help from local churches. We did not want to see you homeless and you assured us that you had some friends who were going to let you live in their property. So we held a fundraiser for you. We collected donations from Real Estate agents around the country so that you could hire the attorney and be able to live in your home while we were doing the short sale for you.

I should have gotten a clue when you complained about the amount of money we raised for you! Where was the gratitude then? Well, we moved on and the next monthly payment to your attorney you could not make and now your lender filed foreclosure papers on you. This was over a year ago. SO we paid the monthly attorney payment for you.

Then you made if very difficult to show your house. No matter what we said to you about not following the buyers around the house you still did. You would beg them NOT to buy your house. When we started to get this feedback we told you then that we could not have your house listed if you were not going to sell it. So you laid off of the pestering for a while.

Then you got served after months of not paying your payments, a date for the foreclosure. We got an offer in time. You started to call us every single day about your auction date. What were we doing to stop your foreclosure? Excuse me? The question really is, what were you doing to stop your foreclosure!

We went all the way to the top management consisiting of hours and hours on the phone with your lender and the judge and the case worker to get your sale canceled on the courthouse steps. 3 days before the auction date we were able to get the auction canceled. So now you want to drag out the buyers offer and the processing of the short sale. You tell me your fax is broken, your internet was down, etc. This drags on and on and then the buyer finally realized that you have no intention of selling the house. You are just trying to live without making payments until the last possible moment.

So we place the house back on the market but there are no offers because prices are dropping like crazy in your area. We get you to reduce the price and then the showings started happening again.

Then you get a new auction date on the courthouse steps. You get served the notice of the sale date and call me yelling and screaming at me! Me! The one who raised money for you, who got you food, you held fundraisers for you! You are yelling about what are we going to do to stop the foreclosure this time. Let's see, now it has been 1.5 years that you are still living in your house- rent free.

We start to get the calls again from buyers agents saying that you are following the buyers around the house, telling them your sad story and asking them now if after they buy the house will they let you live there? Excuse me! Live there rent free while someone else is paying a mortgage? You are totally scaring the buyers away and we told you over and over again to stop doing this.

We just can not take it anymore. You are going to lose your house in foreclosure and there is no longer anything we can do to stop it this time. You are the one who created this. I am not going to take the blame nor am I going to accept the guilt. I feel bad. I feel terrible. But we did everything humanly possible and then some to get your house saved from foreclosure.

Sometimes you just need to take on the responsibilty for your own stuff and sometimes we need to learn when to let go.

Wellington Florida Real Estate News: Mortgage Fraud Comes To Wellington Florida. 

We get asked quite often why the prices have dropped so dramatically in Versailles of Wellington Florida.  Versailles in Wellington Florida was built right at the height of the boom and right before the bubble burst. 

The homes are stunningly beautiful in old French Provincial themes and the most extravagant entrance probably in all of Wellington. The entrance alone cost the developer millions of dollars. This is a gated community with a resort style clubhouse and pool. You can read more about Versailles Wellington Homes For Sale on this post that I wrote. 

By the time the building started you could not touch the smallest home in Versailles for under $600,000 with many of the homes selling between 1 million to 3 million dollars at that time. This attracted wannabe investors who were planning to flip these properties before the completion of the building. So what would happen is the buyer would go to the sales office, pick out their lot and their model to get built, then put down a very small deposit, usually about $10,000 To $15,000. The buyer did not have to go through the loan process until the end of construction. Some people bought two or more of these properties this way. Then the bust came and these buyers were stuck with having to close on the loans since they could not flip them during escrow because the values started to decline. Some people leased their properties and many just walked away and let them get foreclosed which drives the prices lower still. 

A federal grand jury just indicted 8 South Florida licensed mortgage brokers, title agents and straw buyers. These people have all been indicted for committing fraud on buying five homes in Versailles of Wellington. 

The indictment consists of 15 counts. The indictment alleges that these people flipped these 5 properties sometimes TWICE in the same day!!! And doubling the value of the property in ONE DAY!  The group recruited buyers who did not have to bring any money to closing, took title to the property and then 24 hours later transferred the title. For doing this they each were paid $10,000. 

Then when the second buyer took title to the property 24 hours later they were getting $437,000 of the mortgage money from Washington Mutual, WAMU. Then they walked away from all of these homes and allowed those homes to go into foreclosure and committing fraud against WAMU to the amount of $8.5 million dollars. 

 Please remember that all people accused of a crime have the right to defense and are innocent until proven guilty. The following names are in the indictment, a matter of public record and reported also in the local newspapers: 

Most of the defendants are from Miami Florida and some also from Columbia, Rony Alberto Aguilar, Reinaldo Perez-Sanchez, Pablo Atouro Aponte-Torres from Puerto Rico, Fabio Salazar, Roger Omar Nunez- Murillo, Idalmis Arias, Ericson Perez of Georgia and Juan Carlos Lopez of Miami. 

You can get a really good price on a magnificent mini mansion in Versailles Wellington Florida! Their loss is your gain!

To  view Florida Short Sales- Click here. We know Palm Beach County Short Sales and Port St Lucie Florida Short Sales and will help you get your home Sold if you need to Sell your home and help you buy your home in Palm Beach County Florida : Call us today.

Wellington Florida Real Estate News Mortgage Fraud Comes To Wellington - Copyright © 2009 by Katerina Gasset* all rights reserved*

Florida Attorney General Bill McCollum is asking the state legislature to pass some new state laws that will make it easier to regulate and prosecute debt collectors who violate the law in their collection practices. The Attorney General's office would like to be able to sue the debt collectors that overstep their legal bounds. He also wants to make it easier to pursue these collectors instead of having to pose undercover to catch them in the act of abusing their powers with consumers. He also wants to make it easier to connect the consumer who has a complaint with his office as well as passing that information and documentation on to the Office of Financial Regulation. It is cumbersome right now to lodge a complaint against a debt collector which keeps people from following through with the complaint process.

CFO Alex Sink will be asking to broaden the powers of the Office of Financial Regulation. The current complaint form needs to be notarized and she is asking that a consumer can file a complaint without notarizing the form. She is also seeking to increase the fines for debt collectors who keep breaking the law.

Consumers and attorneys have said that debt collectors have really gone overboard in this economy towards people who can no longer pay their bills. The state of Florida has received over 1,400 complaints so far this year and not one of those complaints has been investigated.

If you have been harrassed by debt collectors you can file a complaint by going to the State Attorney General's office website at myfloridalegal.com.

Here are the phone numbers for your convenience.

Main office telephone numbers
Switchboard: 850-414-3300
Citizens Services: 850-414-3990
ADA Coordinator: 850-414-3900
Florida Relay/TDD: 800-955-8771
Florida Toll Free: 1-866-966-7226

To view Florida Short Sales- Click here. We know Palm Beach County Short Sales and Port St Lucie Florida Short Sales and will help you get your home Sold if you need to Sell your home and help you buy your home in Palm Beach County Florida : Call us today.

Florida Attorney General Cracking Down On Debt Collectors- Copyright © 2009 by Katerina Gasset* all rights reserved*

8364 White Egret Way- Lakes Of Sherbrooke- Lake Worth Florida 33467- Not a Short Sale!

Welcome to your lakefront home on expansive Lakes of Sherbrooke with miles of navigable lakes. Feel the warm South Florida breeze as you sail or kayak on your uncrowded waterways. The lake is 30 feet deep in the middle according to the current owners of this home. You can also use electric boats on this lake. No gas boats are permitted, no speed boats.

The community club house is great for hosting fabulous get togethers, birthday parties and gatherings. There are many amenities in the Lakes of Sherbrooke community situated just minutes from Wellington Green Mall- the largest mall in Palm Beach County and all the Equestrian activities held each winter season in Wellington Florida. You are also just minutes from the Florida Turnpike and I95 for your traveling and work preferences.

This brand new listing is tucked away neatly on a secluded culdesac on an over-sized lot that faces sits right on the wide part of the lake. Enjoy leisurely sunsets fishing off of your own dock. The views are expansive and tranquil.

The owner of this home loves trees and has planted many exotic species that all bloom with either purple or yellow blossoms.

There is a purple blooming wedding tree, Asian trees and Tiba China tree. There are also a set of 3 Palm trees strategically placed near the lake side that are perfectly spaced to hang two hammocks. Imagine taking a quiet nap in a hammock on the lake. Life does not get much better than this!

There is also plenty of room for a pool in this over-sized yard. Being situated on the culdesac gave this property a long irregular shaped lot that is perfect for living in privacy.

View of the lake greet you from nearly every room in the home even from the totally renovated master bathroom shower window.

The enclosed lanai overlooks the lake and the beautiful blooming trees in the yard. The Jennaire outdoor grill remains with the home so you can have outdoor cookouts and entertain your friends. There are roll down shutters to comply with hurricane warnings- just in case.

As you enter the front of your home you are greeted with front entry doors that cost over $8000. They are solid, custom made with leaded glass entry doors that are sure to 'wow' your guests!

You then are warmly welcomed with a sunken living room completely redone with real Brazilian hard wood floors. All the Brazilian hard cherry wood was imported from Brazil and is built up on a sub floor. Wherever you do not see the magnificently rich Brazilian wood floors you will notice the marble that was imported and very high quality. No detail was left unturned as you will notice that even the base boards are stained to match the marble or the wood depending on where the finishes are in the home.

Every interior door is new and solid with custom framing. These are not those cheap hollow doors you find in new homes. The owner went through to make sure that these doors are all sturdy and solid. The window sills were all replaced with real Mahogany wood. Real wood blinds adorn the windows and the sliders have verticals that match the finishes in the home.

You will love this kitchen that has been totally renovated. All the cabinets are hard wood and custom made and also including roll out drawers. Even the knobs have been chosen to reflect the style and just those knobs alone cost $15 per knob. The counter-tops are made from imported quartz that was imported from Australia. The sink is a real porcelain chef style sink that needed to have a special brace installed to hold it in place. The kitchen also overlooks the lake.

The formal dining room is an enclosed room that can be easily transformed into a 4th bedroom by adding a closet which the current owners will have built for you if you need to have 4 bedrooms. Double french doors can be opened for dining and company. There are antique chandeliers that stay with the home. Some of the chandeliers are real Survaski.

You will fall in love with the lake views and lake front living but you will stay because of the solid construction and brand new renovations wherein you do not have to lift a finger to do anything except move in! Enjoy the show below:

To view Florida Short Sales- Click here. We know Palm Beach County Short Sales and Port St Lucie Florida Short Sales and will help you get your home Sold if you need to Sell your home and help you buy your home in Palm Beach County Florida : Call us today.

These photos are owned by Nestor and Katerina Gasset and are copyrighted including the Aerial Photographs. Do not copy.

8364 White Egret Way-Lakes of Sherbrooke-Lake Worth Florida 33467- Not A Short Sale! Copyright © 2009 by Katerina Gasset* all rights reserved*

I wrote this post announcing our Trunk or Treat that we hold annually in our church parking lot.

We had a great turn out! Each year we have such fun and now that our son and our grand children are getting just a tad bit older it is becoming even more fun.

We must have had at least 300 children show up for the Trunk or Treat and they all got to go around the cars trick or treating at least 3 times. That really got their buckets and bags filled up with all that candy.

We also had a live band, a costume contest and the best trunk decorating award.

The best thing for me is that our son does not like candy very much. He loves to collect it all because he uses it for bargaining power trading it with his friends for Pokeman, Bakugan and Yugiho cards and fruit snacks.

Here are some photos of our family at the Trunk or Treat. Enjoy!