In the last several months, banks have been very lax about dealing in a productive way with short sale properties. With the second moratorium in the last 6 months, this may just be what banks need to realize they must deal with distressed home owners. While some home owners may wish to modify their current loans, this will give others who wish to sell the ability to do so.To successfully sell a short sale in this market, a home seller must find a real estate professional experienced in dealing with banks in these situation.  In my personal experience, the banks DO NOT like 3^rd party negotiators. Sellers beware when it comes to hiring a company that asks for money upfront.  This process can efficiently be handled with the right real estate professional.

In order to better understand the current real estate market, Kurt Kessler of Pleasanton Mortgageand I are offering a FREE Homebuyer’s Seminar. This will help you learn:

• The difference between REO, Bank Owned and Foreclosed properties,
• How to get the most current, updated list of foreclosed properties,
• What about Short Sales? Might that be a viable option or should you stay away,
• The new role FHA plays in the Mortgage and Real Estate Markets,
• How NEW loan limits have created buying opportunities,
• Seller concessions…What are they? How can they help?
• The difference between Pre-Approval and Pre-Qualifications,
• Understanding the $8,000 Stimulus Package credit.

To sign up, click here for your reservation. Space is limited as the Rose Hotel room we use only holds about 12 people. This is very useful information and is an absolutely NO pressure seminar. You’ll gain great insight as to how to benefit from this market.

In January as an effort to stimulate the housing market, a moratorium was placed on foreclosures by the Obama Administration. As of April 2009, the moratorium has ended. What does this mean to you? It depends on your personal situation.

For Some It Could Mean:

• Opportunities to buy your first home, second home or investment properties at “artificially” low interest rates.
• $8,000 Government rebate on your taxes if you are a first-time homebuyer with qualifying income and purchase prior to 12.31.09.

For Others It Could Mean:

• Making your last efforts to modify your current home loan.

How You Might Get Help:

• If you are in default and you currently have a Countrywide Home loan, they have just released a product that might help you refinance your property. It requires NO income documentation as long as you are employed!
• If you are looking to buy homes at these low rates, for investment, primary residence or second home, you can receive up-to-the-minute reports on every bank owned property in the areas & price range of your choice.