Showing posts with label short sales madison wi. short sale experts. Show all posts
Showing posts with label short sales madison wi. short sale experts. Show all posts

Thursday, May 31

Short sale achieved – again. Listing date to close 2 months, 6 days


Short sale achieved – again.  Listing date to close 2 months, 6 days.  What is a short sale?

We are happy to announce we were able to complete another short sale in Madison Wi.  In doing so we were able to allow Sarah H.  to complete a job transfer to Rancho Cordova CA. 

Here is the scenario.   Sarah had a Wheda loan so she was not allowed to rent the place.   She owed approximately $110,000 on a unit that appraised at $65k.     With a Net procedes of about $47,000, the short fall was 63,000.  

We listed March 19th for $60,000 and had 5 showings on the first weekend. 
One offer received and accepted  $62,000  March 24th
Sale approved May 9th.   Equals 45 days offer to approval.    
Closing   May 28th.    For a total of 69 days, not bad for a short sale. 

Sellers were asked to sign a note for $15,000, which was negotiated to $10,000, which was acceptable to seller, with a zero interest payment of  105 a month. 

Seller had not missed a payment, was able to get out of an underwater home with minimal credit damage. 

Read More about short sales http://www.ShortSalesMadison.com



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.     
Get a chuckle. Watch Real  Estate Guy video. 30 seconds

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Thursday, November 3

Price Reduction on N7737 Panorama Rd, Short Sale - 10K reduction



WoW! Amazing home atop hill with Panoramic 50 mile views.


Luxurious, yet comfortable. Quality thru out.


Great kitchen w/ maple cabinets and granite countertops, island and built in sub-zero appliances.

Enjoy the in-ground pool. Theater room comes w/ TV. Wood burner for pool & home. Master suite: private wet bar, tray ceiling, private balcony, fully luxury suite.

Huge bedrooms, 8 cars. Mother in Law suite roughed in but not in sq ft.


Why do we range price homes for sale?
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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Tuesday, October 18

5102 Stage House Trail, Madison, WI 53714




Home for sale 5102 Stage House Trail, Madison Wi 53714



A beautiful spacious brick ranch, excellent fenced, level yard, super convenient location & great neighborhood!


What more could you ask?



Oh, and a super entertainer's basement w wet bar/huge family room.


Priced well below city assessment. Enjoy good sized rooms & a great layout. Decks front & back, Sellers to negotiate in the range $170-182,000. Short Sale.
Why do we range price homes for sale?

 

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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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.com.

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.
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Location: Madison, WI, USA

Friday, September 23

Another Short Sale Approved in Madison.

Realestateguy is happy to announce approval of another short sale in Madison Wi.   This brings the total to over 30 successful short sales and amongst the best record in Dane County.  
Scenario.   What is a Short sale?

Offer for  $150,000, loans for $160,000 Monona State Bank, Fannie Mae and Mortgage Insurance and $80,000 with Guaranty Bank.  
BPO value $155,000.

Both loans short, negotiated $5,000 payoff to second.  Primary mortgage amount was sufficient to be automatically approved by Fannie mae (85% of BPO).
Time frame 6 weeks.  Offer to approval.  3 weeks to close. 
Congratulations to our sellers Reid and Cara for being able get out from under a mountain of debt and to move on.  And to our buyers who have secure a wonderful home. 

If you are in the situation where your mortgage is a weight around your neck, we might be able to help.  Call us and we can likely tell you in a short phone interview. 
We can also help you with  Loan Modification information too.  


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 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.
Get a chuckle. Watch Real  Estate Guy video. 30 seconds 

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