Columbus Short Sale Specialists

Hi, at present we’re going to talk about an article that we read recently. I need to provide you with a heads up. There was an article in the newspaper lately that truly had some good things to say and hits the market right on the nose. Just lately he was speaking concerning the new process for short sales. The exciting thing is that when you’ve got a Freddie Mae or a Fannie Mae investor mortgage meaning it’s owned by Freddie and Fannie. Now that is not an FHA or a VA however when you have a standard mortgage that’s owned by those investors they’ve new processes.

They’re saying that were going to get an answer in 30 days and then it goes on to say there can be a last determination within 60 days. I will be sincere with you really we are seeing quite a few lenders actually pick up the pace on short sales and actually get them turned around.

When you’ve got a loan that is an investor loan, by Fannie and Freddie, please give us a call if you need to do a short sale. We’d be glad to get them done. Now we have a really excessive percentage rate to getting our short sales completed and closed. I would say we’re about ninety six% and I would take our percentage against every other short sale agent within the area. I imagine we’re the very best at getting short sales closed.

Once more, we’re Columbus’s primary short sale team and we’re here to help. We’re with Keller Williams and Real Estate Group 3:16. If in case you have any questions about short sales or if you must do a short sale, keep in mind the debt relief act is going to finish December 31st and we aren’t listening to the rest about it being extended right now. So if you are hoping to have the ability to do a short sale on your owner occupied property give us a call today. Thanks so much for joining us and have a terrific day.

For more information on short sales and how to avoid foreclosure, visit the Real Estate Group 316 blog or you can also contact the Kimberly Sherrod team and get started today.

Hi, I am Kimberly Sherrod with Real Estate Group 3:16 and Keller Williams. We’re your Columbus’s short sale specialists. I would like to discuss our Columbus area market and that would include our suburban areas. One of the reviews came out in our local newspaper and it’s speaking concerning the market improving in our area. We are seeing that, we’re seeing more signs of buyers on the market and shopping for properties but we’re seeing an increase in listings too.

So mainly in case you are a house seller and you are underwater on your mortgage, what does that imply? Basically we do have extra consumers out there which is an effective sign. We need consumers to buy up the excess properties out there because of foreclosures and short sales. The opposite factor is prices have increased. In March, during the last 12 months about 6.1% which is good it means possibly our prices are starting to perhaps climb out of the gutter a little bit. What which means for us right here at the real estate group is that is that these people who find themselves still underwater in your mortgages, it really is not helping rather a lot as a result of even though prices have increased by 6%, the general price increase is still down. It is actually nonetheless a negative to where right before the market, the bubble burst and the market went down, we are nonetheless underwater on those prices.

If you are a home-owner and you have to sell your private home, we are still underwater unfortunately. If it’s worthwhile to do a short sale we encourage you to check out our SOS web site, should I sell or should I stay? When you go to www.SOSREG316.com, there’s a calculator on that website that will allow you to determine if you’re underwater, how long it can take you to break even, how long it’s going to take you to make a profit on your own home and in today’s market.

As soon as once more, I’m Kimberly Sherrod with Real Estate Group 3:16, your Columbus short sale specialists and we’re right here to help. If you have any questions, you’ll be able to check us out on our regular web site which is www.realestategroup316.com. We look ahead to hearing from you soon. Thanks a lot and have an incredible day.

For more information on short sales and how to avoid foreclosure, visit the Real Estate Group 316 blog or you can also contact the Kimberly Sherrod team and get started today.