Madison short sales, pre-foreclosures, loan modifications.
Showing posts with label Madison Wi. loan modification madison wi. Show all posts
Showing posts with label Madison Wi. loan modification madison wi. Show all posts
Wednesday, February 15
Short Sales Madison, information about short sales
Wednesday, October 5
Short sales, Loan Modifications and Foreclosures in Madison Wil
We offer help for distressed home owners.
It is a tough time for all these days. Non more so in the field of selling homes. More and more these days, I am across the kitchen table from someone who is distressed about their home. They are underwater, or can not afford the payments.
There are many reasons for being in distress. Loss of income, reduction of income, interest rate resetting, loss of home value. and of course divorce. Whatever the reason, It is our job to consult with home owners, to ask questions, offer options and to help make a plan of action.
Sometime the decision is a loan modification, other options are Short sale, foreclosure, or just staying put.
In a short 20 minute phone conversation we can often make the call as to whether a short sale is an option, and we assess the likelihood that a short sale will be successful.
If we decide to use the short sale route, then we will have an 80% success rate of closing, (compared to a national average of around 30%)
So if you or someone dear to you is in an uncomfortable situation with the home, get in touch with us. Read more at http://www.ShortSalesMadison.
RealEstateGuy team doesn't just work on short sales. We have a very high record of selling homes with the best marketing available. We also help people buy homes too.
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions.
Tuesday, September 27
Loan modification! Helping? Hurting?
The government, in its attempt to help distressed home owners has set up a program with funding, to encourage banks to modify home loans of people who are in distress.
Despite the government’s best intentions, the banks, are not helping. Possibly because of being overwhelmed or because of poor staff, training, they are taking way too long to process. And then so often they are rejecting the application or offering a trial period, then rejecting the package.
Real Estate Guy has hears many times of instances where a loan modification, has ended, and often resulting in a major penalty being levied on the loan balance.
One such case in the Madison area is where the loan amount was approx $450,000 and the penalty, another $80,000.
Real Estate Guy is experienced in selling homes that are underwater, possibly where loan modification has failed, and working out a solution where the bank forgives a certain amount of the debt in exchange for being relieved of the potential bad debt.
If you would prefer to leave the home and you are underwater in your home, a short sale may be for you. About short sales, the alternative to loan modification, Madison Wi.
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions.
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