Is it Difficult to Work with Desert Schools Credit Union on Finishing a Short Sale?

Posted by webmaster on Jan 27, 2012 in Uncategorized | 0 comments

Hi, my name is Kevin Kauffman, I’m with Keller Williams and Group 46:10, considered one of Fountain Hills’s main real estate teams specializing in short sales. I am right here to talk to you right now about Desert Schools Federal Credit Union. I get about 2 or three calls per week from individuals similar to your self who have been doing analysis on Desert Schools Federal Credit Union and whether or not they will do a short sale with them. I got to tell you, Desert Schools has been tough to work with. Over the years we’ve worked with them so many times that we now have been capable of build some relationships there and perceive their process so we are able to better serve our clients and their members.

Many people come to us as a result of they’ve heard that it is tough to work with Desert Schools Federal Credit Union and you know what, that could possibly be true for many people. I believe that we perceive their process now and we know how you can best set up our clients for success in a short sale with Desert Schools Federal Credit Union.

So, if that is you and you have a loan with Desert Schools Federal Credit Union, and you wish to speak to any individual who has got the experience, then give us a call. We’ve handled them multiple instances and we’re certain that we will help you. We’ve got an virtually ninety% success rate, we’ve closed over 500 short sales now in the last four years. Again, I am with Group 46:10, Fountain Hills’s main short sale teams. Give us a call. You’ll be able to reach us at 480-449-6642 or simply fill out a form right here on the web site at Group4610shortsale.com. We’ll speak to you soon.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

For more videos on short sales check out Kevin and Fred on the Short Sale Power Hour. Video for Short Sale Specialists.

Short Sale Guarantees?

Posted by webmaster on Jan 26, 2012 in Short Sale Arizona - Phoenix - Queen Creek | 0 comments

What are the guarantees in a short sale? I can only really think of one – I can guarantee that this thing won’t close in 7 days! Ok, I’ve got two – I guarantee that if you don’t know what you’re doing or don’t hire someone who does then you are in for a long, wild ride!

Other than those there really aren’t any guarantees at all in short sales. A lot of people find this a hard concept to grasp and as dark and foreboding as it may sound it really isn’t all that bad.

There is no guarantee that the property will sell BUT there never is. You could put a house up for sale for one dollar and it doesn’t mean someone is going to buy it. Most of our deals that we sell we have a contract on them within the first 60 days but our market may be different than yours and we market our properties very heavily. Make sure that your property is properly marketed and distributed to as many buyers as possible. Without a buyer there can never be a short sale!

After the initial purchase contract there is no guarantee that the bank will approve the deal. BUT, your short sale negotiator should do everything in their power to keep the deal alive and negotiate as hard as they can to get the deal to close. It’s usually a win-win for everyone involved and sometimes the bank just needs a little nudge and a little confirmation of that fact and you can get the approval that you need.

From a bank’s perspective, they don’t have to do a short sale. There is no law, nothing in your contract with them, no one holding a gun to their head saying, “YOU MUST DO SHORT SALES IF ASKED!”. The bank considers it a privilege that is extended to the borrower and therefore may choose to not offer it as an option. Rarely, however, is it NOT in the bank’s best interest and again, as long as the agent can convince the bank to take the deal they usually end up much better off, as does the client.

There is no guarantee that the buyer won’t flake out at some point either, BUT when your agent writes up a contract between you as the sellers and a buyer they need to be very careful to protect you as much as they can. There are ways to do this via contract language and we have used it to our client’s full advantage. Each state may have different clauses so make sure you ask questions to your short sale agent and make sure they know the answers! These clauses not only protect the sellers but also assures everyone that there is a committed buyer in the short sale transaction.

There are no guarantees with short sales themselves but if you can find the right short sale professional to help you then I can guarantee you have put the odds in your favor of getting through your first (and hopefully only!) short sale transaction.

You can find more information about short sales and foreclosure avoidance options at http://www.AzHomeHelp.com

Sean Bonini is a Real Estate Agent/Broker in Scottsdale Arizona specializing in short sales. He serves as the Managing Director of AzHomeHelp.com which is a company that helps homeowners avoid foreclosure. Sean’s up-to-date blog at http://www.PhoenixRealEstate247.com also covers local and national news regarding the real estate & mortgage industries with a focus on helping homeowners in distressed mortgage situations.

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Watch Kevin and Fred, Short Sale Specialists, on the Short Sale Power Hour. Video for Short Sale Specialists.

Are You Curious About Tax Ramifications With Your Short Sale?

Posted by webmaster on Jan 25, 2012 in Uncategorized | 0 comments

Hello, I’m Kevin Kauffman. I am part of Group 46:10, one of the country’s top short sale and real estate groups located right here in Fountain Hills. Are you having trouble making your mortgage payments or are tired of being upside down on your mortgage? We at Group 46:10 can provide you with different options to alleviate some of these problems. As one of the leading short sale teams in the country, we’ve finalized over 500 short sales in the last 4 years and have a success rate of over 90%.

I am here today to discuss short sales and tax ramifications. One of the worries that we hear quite often from potential customers is that they would like to short sell their home, but are concerned about the taxes they will have to pay after the sale. Perhaps you’ve heard from other homeowners that have done short sales that there were some tax liabilities and wish to find out more.

The Mortgage Debt Relief Forgiveness Act, which expires at the end of this year, allows homeowners, such as yourself, to not pay taxes on the forgiven amount if the home is their primary residence and the selling price is less than $2.5million. If you are thinking about short selling your property, you need to act quickly because the transaction would need to be completed by the end of 2012 in order to qualify for The Mortgage Debt Relief Forgiveness Act.

Please give us a call or fill out the form on our website, group4610shortsale.com, to find out more about this act or if you have questions about your particular situation. If you do not qualify for this act, don’t let that keep you from short selling your house. We have a few other ways to avoid paying taxes as well. A skilled short sale expert, such as myself and my business partner Fred, can discuss those different options with you.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

Watch Kevin Kauffman and Fred Weaver of Group 46:10, Short Sale Specialists, on the daily Short Sale Power Hour.

What Are Your Short Sale Options?

Posted by webmaster on Jan 24, 2012 in Uncategorized | 0 comments

Hello, are you contemplating a short sale but you’re not quite sure of what your choices are? Well, my name is Kevin Kauffman and I am a part of Group 46:10, Fountain Hills’s premiere short sale crew and Fountain Hills’s premiere short sale team. I’m right here to let you know that you do have options and I’d love to talk to you about them. My group and I’ve closed over 500 short sales within the last four years. We’re here that can assist you so for those who need any assistance, whether you have got an FHA loan or maybe you’ve bought a VA loan, we are able to help. Possibly you are unsure as a result of there are totally different guidelines around FHA and VA loans in comparison with loans with your typical credit union or with Bank of America or Wells Fargo.

Come to the experts and get a free session with us. We’d love to talk to you about what your choices are. We’ve worked with each financial institution out there. We’ve worked with over 100 banks. We have handled Fannie Mae and Freddie Mac, and FHA and VA, and anyone and everyone in between and we know that we can assist you.

So please give us a call today. You can reach us at 480-449-6642. You may also fill out a form here on our website. If you happen to’re not on our web site, you possibly can go to us at Group4610shortsale.com. Right here you can get your free short sale decision calculator results as well as request an in individual meeting. We would love to talk to you about your choices and if a short sale is best for you, we’d love to help you. Thanks rather a lot and have a fantastic day.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.