Short Sales

BEST Santa Clarita short sale real estate agents

April 5, 2012 By paris911

In every service industry, there are some key components that separate the BEST at what they do from everyone else.

It was no different on the PD – we had some that were truly gifted in Firearms, where they were patient on the trigger and could achieve a surprise break with every single press of the trigger. We had others that were scared to death, having difficulty keeping up with the Minimum Qualification Score.

You can see that also applies to the Santa Clarita Short Sale world as well. In fact, there are a lot of Santa Clarita Short Sale agents that deserve to be called the BEST at what they do.

But to say the BEST Short Sale agents are commonplace – that would not be accurate.

What are they doing to keep abreast of the most current Short Sale laws that will have an impact to their short sale sellers?

What Short Sale systems have they put in place to assist those Short sale sellers that are placing their trust in them?

Are the Short Sale agents you are interviewing only a picture on a post card that you received after a Notice of Default was mailed to your door?

Is there anything more “abhorrent” than having your family interrupted, from a call or knock at your door by a Real Estate sales person, during your time of distress?

I’d say this. Have a look on-line. Do some googling with the terms – Santa Clarita Short Sales. Look for the best for you and your needs. Call those Top Real Estate agents and schedule an appointment with them at their offices. Then sit down and ask them the following questions.

How long have you been representing Short Sale Sellers? -They may have come about in this current Short Sale market. Or they may have bad habits that were developed in the last one. Either way, keep your “BS” Radar turned on.
What continuing education classes have you taken and what certifications have you received specifically geared for short sales? -They may talk about origination’s like CDPE (certificed Distressed Property Expert) – or getting a Short Sale Expert designation. Just make sure they are keeping abreast of the Short Sale world and the changes in law.
Do you farm out your short sales to a different third party negotiator or do you do it yourself? -This one is all about accountability. If they are farming out their short sales to someone else – you might as well hire that “someone else” and save yourself a step.
May I speak directly to some of your past short sale clients? -This one is a keeper and will separate the BEST Santa Clarita Short Sale Agents from the “other pool”.

They should have a list of people you can call that had their short sale negotiated with the agent you are interviewing. If they direct you to a “you tube” video, that’s okay – but without verification. You really need to call and ask outside of the realtors presence.

Be Safe and I hope this helps you with your Short Sale Needs and in finding the BEST Santa Clarita short sale agent to represent you.

Filed Under: Santa Clarita Short Sale Experts, santa clarita short sale specialists, Santa clarita short sales, Short Sales Tagged With: best real estate agents for short selling, best santa clarita short sale agents, best short sale, best short sale real estate, best short sale realtors, best short sale santa clarita, best short selling realtors, santa clarita best short sale

Short Sale buyers

February 17, 2012 By paris911

Are your short sale buyers in Absentia?

Are your short sale buyers no longer around when either the “proof of funds” is asked for or when “the short sale approval” is given?

Do not lose hope. It is something that is to be expected. However, it should not stop your approval process.

The buyers of Short Sales, some are investors and some are “owner occupant” real estate buyers. Allow me to clarify the differences.

The Short Sale investor:

This could be the buyer that short sale sellers dislike the most. As a realtor we don’t know if they are going to be around when the approval for short sale has been given by the bank who holds your mortgage.

I will say that over 50% of the time, they are not present when more information is requested by the bank that holds a sellers mortgage. We watch as the Short Sale Investor Buyers, 50% of the time, don’t stay around long enough to complete the process. The reason has to do with the investment buyer continuing to look at available “short sales”. It usually, has nothing to do with the subject property. Although, this is the typical reason given.

The Short Sale “Owner Occupied” buyer:

Beggars cannot be choosers. We have found that those buyers that are going to stick with a short sale are those that are going to “owner occupy” the short sale property. Not 100% but the odds are better than the 50% as we have seen by the “investor buyers of short sales”.

Their agents are those that are diciplined and let their buyer know that they are the “only game” when it comes to the short sale.

The Bank, if they approve the short sale, will give the buyer that is “in pocket”, the first shot when the short sale is approved.

Regarding increases to the sales price, changes in terms or conditions, and any other “modifications” to the short sale terms.

What can you do?

If you are a short sale seller, the first step is getting the short sale approved. Allowing the bank time to approve the short sale, including the price. The short sale approval is the most important part of the process. We can get another buyer, most of the time, when we get the final approval from the bank who is responsible for the approval of the short sale.

Most agents, including the Paris911 Team, will continue to push for the approval of the short sale. Eventhough the buyer is no longer “in pocket”. Once a “secure” price has been given by the bank, finding another buyer that is game for the “bank price”, proves to be much easier.

You now have a “approved short sale”. Those move a lot faster than those where the bank is still working on the numbers, looking at the appraiser, and the terms and paperwork refinement of the short sale.

Stand Fast, Be Strong, make sure that you are getting the best Short Sale advice possible.

We are REMAX’s Paris911® Team! Thanks for Reading and don’g forget to check our Short Sale Radius – if you want our help with your short sale in Southern California.

Filed Under: acton foreclosures, Short Sales Tagged With: approving short sales, short sale approval, short sale approvals, short sale banks, short sale buyers

What is a Short Sale and what is the best way to have them handled?

January 20, 2012 By paris911

Santa Clarita Short Sales Defined

What is a short sale? Is the Short Pay the same thing as a short sale? What is the best way to approach the bank with a short sale? Is there any advantage of short sale over foreclosure?

Enjoy the Video and let us know if we can help you. Be Safe and Take care…

There are experts and then there are “EXPERTS”.. LOL – We are neither, but we have a great track record when it comes to getting our Sellers short sales handled and closed without too much pain to our Clientele…

Filed Under: santa clarita remax, Santa Clarita Short Sale Experts, santa clarita short sale specialists, Santa clarita short sales, Short Sale Tricks, Short Sales Tagged With: how do short sales work, santa clarita short sales, short sale help, what is a short sale, where can i get info on a short sale

Castaic Short Sale just listed 01-09-2012

January 9, 2012 By paris911

New Castaic Short Sale just listed

At the time of this writing, this listing just entered the “for sale” market in Castaic CA. Below are some links for searching for real estate in Castaic CA – they should serve you well.

Real Estate resources by Paris911

If you are a seller that is contemplating having a Short Sale negotiated on your home, condo or town-home – you will need an expert – see what The Paris911 Short Sale team is about – click here.

FYI – our search engines are updated hourly and have one of the best Internet Data Exchange feeds in the Real Estate Business.

For Castaic Foreclosures that are on the market for sale – click here.

To view all of the listings in Castaic CA – click here.

If you are wanting to search Castaic Zip Code 91384 for the pre-foreclosures and “off the radar” bank owned real estate in Castaic – Click here.

The property that has just been listed will appear below this text. If you see a red box that says that particular listing cannot be found, it has entered escrow or has sold. Hit us up for other listing that fit the same or similar profiles and we will serve and protect your real estate needs well.

[idx-listing mlsnumber="F12003470" showall="true"]

Here are the rest of the Pre-Foreclosures that are currently listed for sale in Castaic CA:

[idx-listings linkid="54920" count="12" showlargerphotos="true"]

Filed Under: castaic foreclosures, REMAX of Santa Clarita, Short Sales Tagged With: castaic short sale experts, Castaic Short Sales, get short sale agents, paris911 short sale, remax short sale agents, santa clarita short sales, Short Sale Experts, short sale help, short sales for sale

Total Foreclosure and Pre-Foreclosure Search for Santa Clarita Valley

November 6, 2011 By paris911

The Question of the day has to do with, “How do I search for foreclosures in the Santa Clarita Valley?” We can tell you how to conduct a search for Foreclosures and pre-foreclosures in the Santa Clarita Valley. Click to Search for all of the Foreclosures and Pre-Foreclosures in Southern California

All you have to do is click the link above and you will be able to view an entire page width map that will show you all of the “distressed” properties that are currently for sale in the Santa Clarita Valley and elsewhere in Southern California. Some of the property types you will be able to view are:

Foreclosures
Bank Owned
Real Estate Owned
Pre-Foreclosures
Investor sales
Flips

Each of these property types are available for your viewing pleasure by clicking on this link: .

BTW – if you are considering a Short Sale or know someone that is, Make sure you, or those that you know, get the best information possible before youthey decide to sign on the dotted line to have your/their home, condo or town-home sold short.

It takes more than having a certification and it takes more than calling yourself an expert.

It takes time in the trenches and it takes knowing how to negotiate short sales.

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Filed Under: Foreclosures, Santa Clarita Short Sale Experts, Santa Clarita Short Sale Negotiators, Short Sale Tricks, Short Sales, Short Sales Tagged With: distressed property search, foreclosure search, santa clarita foreclosures, santa clarita real estate bank owned, santa clarita real estate foreclosures, search for distressed

Santa Clarita Short Sales and their Negotiation

October 23, 2011 By paris911

If you have been contemplating having a Short Sale conducted on your behalf, the first thing that most of the Short Sale sellers have to deal with are their emotions.

Being involved in a short sale is not a clean proposal for most from an emotional standpoint. We have found that many of our clients are filled with feelings of regret, failure and sadness. Citing how their parents would have dealt with the experience of a Life Changing event, where being able to make their mortgage payment is brought into question.

Besides those deep rooted feelings, they are also concerned with saving face in front of their neighbors. We have had many in our offices during our Confidential Short Sale meetings that have broken down in tears. That is one of the reasons we are not such “big” fans of real estate signs being placed on our Sellers Short Sales. Anonymity is important to some

If we were to direct your attention back to 2007, the term “short sale” was known as a “short pay”, and the use of that terminology was scarce.

Today, the Short Seller is one of many involved in the Process. According to our current Santa Clarita Real Estate market statistics, we are pressing the 55% mark of the Real Estate market which are active short sales.

Some are tactical in approach by the sellers and others are strategic. The most difficult ones are those that are hinged to emotion.

Short Sales are very personal in nature and need to have everyone’s blessing before the Short Sale negotiation process is started. Immediate family, parents, confidants, and even clergy can be called in to address the emotional feelings that are associated with Short Sales.

We have been meeting with clients in a very “off radar” confidential meeting at our offices. No sign in necessary and the clients are guaranteed to not have their business spread anywhere they don’t want it to go.

Have a look at the map below to see how many active, back up and pending (in process) short sales that are in process. It might alleviate some of your concerns to see you are not the only one choosing this option. Remember when viewing the map – we have not embedded Sold Short Sales in the Santa Clarita Valley, that would increase the numbers considerably.

Short Sales help you safe face with the bank. They are agreeing to the process and not allowing the property to foreclose. Which in our book is a HUGE PLUS!

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Filed Under: Santa Clarita Short Sale Experts, Santa Clarita Short Sale Negotiators, Short Sales Tagged With: santa clarita short sale emotion, santa clarita short sale help, santa clarita short sale negotiation, santa clarita short sale saving, santa clarita short sales, short sale help, short sales are difficult, short sales are emotional, short sales are personal

Avoid Foreclosure in Santa Clarita! Some Solutions If You Are Facing Foreclosure!

October 5, 2011 By paris911

First things first, why would you want to avoid foreclosure in the first place? We have had some very close family members and friends that have experienced a Foreclosure and it was by no means a “walk in the park”.

If a person is having a hard spot in life, they might have lost their job, had over time cut, are getting divorced or are experiencing health issues – People that Judge those people should be very conscious of the old advice, “people living in glass houses should not throw stones…”

The banks have come around to the same type of thinking. The Banks have started various programs that assist those that are in a “bind” and are experiencing a bad “life changing event”. One of these “helps” is known as a Short Sale.

A Short sale is a “professional” negotiating with your Bank or Banks on your behalf to get them to all you to sell your home for less than the amount of the loan or loans.

Seems simple right? – Well, I will tell you that not all banks are created equal. I’ll also say that not all banks understand the governmental “helping owners avoid foreclosure” programs the same either.

But, pressing forward we usually get the banks to grant our sellers approvals on their Short Sale Wishes.

It does not stop there. A short sale seller needs to make other living arrangements when it comes close to the time of closing. This is not a “Mystery” time period. You will know it because this happens usually 45-60 days after Short Sale approval is granted.

Renting for a Short Sale Seller is not as difficult as you might think. Most “landlords” understand what a “charge off” with regard to a Short Sale is and how it renders on your Credit Report. If you don’t have any other “Credit issues” besides the Short Sale on your Credit Report – you will most likely be good to go.

This article would not be complete without the mention of the loan modification process. Do it yourself. Contact your bank and ask them the following questions as we have laid out on our Brief about doing a Loan Modification on your own.

Filed Under: Santa Clarita Short Sale Experts, Santa Clarita Short Sale Negotiators, santa clarita short sale specialists, Santa clarita short sales, Sellers, Short Sales Tagged With: agents in santa clarita valley, foreclosure solutions, santa clarita foreclosure agents, santa clarita nitche agents, santa clarita realty, santa clarita remax, santa clarita short sale solutions, short sale solutions

Santa Clarita Short Sale Trick #2 – We will do your Short Sale for Free

September 22, 2011 By paris911

It usually comes across in blazing and bright text, or even maybe on a Video you are watching after searching the internet for Santa Clarita Short Sale Agents. You will see it proudly proclaimed, “We will Short Sale your home for FREE!” ”At No Charge to You!”

“Seriously, wow – that is such a deal…” - Sarcasm stops now

The bank is the one that pays the Short Sale Agent’s Fee when it comes to the commission to be earned. See Santa Clarita Short Sale Trick number 1.

So what is the problem when someone builds their entire Short Sale Expert pitch around “Short Selling your home for Free?” Nothing, but you have to think about the “silliness factor”.

What could be the agent’s motivation? I would rather advertise how short sale works, or what about what a short sale is? What about the experiences that we have had when dealing with the bank with regard to Short Selling our Clients Properties?

What to watch out for and how to keep safe in the short sale process. Those are key components of adding value to being a Santa Clarita Short Sale Expert.

It reminds me of a time my dad and I went to buy a car. I must have been about 12 years old.

My dad walks into a local car dealership, an apparently hungry and fast talking salesman comes to his aid. Introductions were made and pleasantries were exchanged between my dad and the salesman.

After some negotiation was done and the “test drive” of course, it came to the point of “how much”. So I watched as the salesman and my dad went back and forth. The salesman armed with his “talking pad”. My Dad armed with his “wanting the most value at the least cost code”. So the battle continued.

At the conclusion of my dad and the salesman bantering back and forth – a price was written down on the salesman talking pad by my Dad. My Dad indicated to the salesman that was his(my dads) “bottom line”.

The salesman looked at the figure that was written in bold writing and circled on the talking pad. He looked at my dad and said, “Mr. MacIvor, I will try to do what I can, I need to go back to my manager. I know one thing for certain, to “give” you this car at that price is going to really cut into the dealership financially.” ”But I will try to see what I can do.”

A Few minutes later the salesman returned, “Mr. MacIvor, after long and tense deliberations and with the manager looking at where the dealership was financially, looking at my production and looking at you as a repeat customer, they are willing to do it. But you understand, this deal is going cause some hardship to the dealership, don’t you?”

Looking back - if the salesman would not have gone in to Patting himself on the back so very hard, my Dad might have bought the car. However, he had to add that last sentence, “But you understand, this deal is going cause some hardship to the dealership, don’t you?”

My Dad said, “I am so sorry for being a burden to you and the dealership, I really wanted to buy a car today, but in good faith I cannot purchase the car any longer. It would have an emotional effect that I may not be able to overcome...” ”Have a good day…”

With a “sullen” look on my dad’s face, he left the salesman’s office. The salesman was at a loss for words.

My dad not have to say anything but give me that “grin” as we left the dealership’s showroom. I got it.

Filed Under: Santa Clarita Short Sale Experts, Santa Clarita Short Sale Negotiators, Santa clarita short sales, Short Sale Tricks, Short Sales Tagged With: santa clarita short sale trick, santa clarita short sales, scv short selling, short sale center, short sale scams, short sale tricks, short sales in scv, short selling

Short Sales with Aurora Bank

September 8, 2011 By paris911

When hiring an agent to conduct a short sale on your behalf, it is really all about your agent’s “connections”.

With the banks – Sugar gets a “Short Sale negotiator” much farther than arrogance. Humility is always much more respected than Foolish Pride. However, there are times when a Short Sale Negotiation agent needs to Be Strong and Vigilant - a display of “pig headed determination and discipline” might be needed as well.

Whether Aurora is the first loan on your home or a second or an equity line of credit – You will need to access the proper forms.

This page is intended to do just that.

This is the link to Aurora Bank Website – Foreclosure and Short Sale Form Page.

When you click on the link – you are going to want to fill out the forms that correspond to a Traditional Short Sale. That is, unless you are given other instructions by Paris or I.

You are also going to need to fill out the Authorization form so we can speak with Aurora Bank about your Short Sale on your Behalf.

Click here for the Aurora Bank Authorization Form.

With all of these items, you will get more explanations as far as time frames and in what order in which we need the documents.

If you have “scanning” capabilities – that will work for the time being. If you have a “fax” only we would like the documents dropped off at our Offices at RE/MAX of Santa Clarita so we can scan them our selves. When documents get passed from Fax to Fax and Department to Department their quality starts to diminish.