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Tag: short sale specialist

Important Information about VA Loans and Short Sales

Hey guys, Kelly Cook here with the Kelly Cook Real Estate Group, your :k1: short sale specialists. You can find us online at www.AZKCRealEstateGroup.com. We specialize in helping area homeowners find alternatives to foreclosure through the means of a short sale. The question or topic we are addressing today is VA short sales or Veteran’s Administration loans. That topic is a very good one because there is a lot of misinformation out there about VA loans and if you can or cannot short sale. The answer to that question is yes, you absolutely can short sale your VA loan.

My advice is don’t go with just any agent out there. Go with someone who has done them before, like us for example. We are short sale experts in the :k1: area. There are specific guidelines that the Veteran’s Administration wants you to go through when short selling your VA loan. The investor behind a VA loan is HUD or Housing Urban Development and they are very strict. They will flat out reject a short sale or cause it to be delayed by months if the proper protocols and procedures are not followed when attempting to do a short sale.

Now the good thing about a VA short sale is that we are typically able to get you between $750 to $1,000 at closing, just for doing a short sale. So you could actually get paid to do your VA short sale. So give us a call if you have any questions at 480-442-9868 or you can email us at info@kellycookhomes.com.

If you still want to see if your house is an asset or if you are underwater and by how much, visit our short sale calculator at KellyCookShortSales.com. There you can put your property information in and it will tell you exactly when your house will break even and how long that will take and more importantly, how much money that will cost you to get back to that breakeven point. Again, I’m Kelly Cook with the Kelly Cook Real Estate Group, your :k1: short sale specialists and we are here to help answer any questions you have about short sales. Thanks and have a great day.

Can I Short Sale With No Hardship?

Hello everyone this is Kelly Cook with the Kelly Cook Real Estate Group, your :k1: short sale specialist. We can be found online at www.AZKCRealEstateGroup.com. We specialize in helping homeowners throughout the entire :k1: avoid foreclosure through the means of a short sale.

One of the questions we’re going to discuss today, which is a question we get a lot, is “Can I still short sale if I don’t have a financial hardship?” We get that question a lot and you’d be surprised how much bad information is out there surrounding that question. The simple answer is, yes, you can short sale without a financial hardship. We’ve gotten short sales done for close to 100 people that didn’t have a financial hardship, but had some other sort of hardships to speak of. That hardship can be kind of vague; it may be something that one lender might consider a hardship and another lender might not, but that’s okay because we get those short sales done. If you don’t have a financial hardship, perhaps your income has gone up or you’ve gotten promoted at work, you can still short sale your home. Give us a call because we have the experience to still get this done. We have a couple different techniques that we use when negotiating with banks in this type of situation. We’d love to put these techniques and our experience to work for you. We are one of :k1:’s leading short sale teams and we’d love to put our knowledge to work for you on your short sale.

If you don’t know if a short sale is right for you or if you’re looking for more information, you can go to our short sale calculator and it will tell you exactly when your home will become an asset again if it is currently underwater. You can find our short sale calculator at www.KellyCookShortSales.com or you can call us at our office at 480.442.9868 or email us at info@kellycookhomes.com. We look forward to spending some time with you and helping you determine if a short sale is the best step forward.

Can I Receive A Cash Incentive For Completing A Short Sale In Arizona

Hello everyone my name is Kelly Cook with the Kelly Cook Real Estate Group, your :k1: short sale specialist, thank you for joining me today. Our team of short sale experts are working with :k1: homeowners every day to help educate them on their options for avoiding foreclosure. If you have seen the value of your home greatly diminished or are simply having trouble making your mortgage payments take a minute to browse my website or contact me directly to learn more about your options.

For my blog today I wanted to speak with you about the possibility of receiving a cash incentive from a short sale in :k1:. I get asked this questions a lot and think it is important that :k1: homeowners know if their property may qualify them for a cash incentive. With the numerous programs available currently it is always one of our main goals to qualify your property in order to receive relocation assistance. The main program I have seen used by :k1: homeowner is the government sponsored HAFA program that may provide up to three thousand dollars for relocation assistance. Several lenders, most notable Bank of America and Chase Bank, also have programs in place for their customers that will provide a wide range of relocation assistance to :k1: homeowners completing a short sale. Given the numerous programs available to homeowners your best option may be consulting with a short sale specialist to find out what may be your best option for receiving relocation assistance.

If you have questions on the short sale process or are unsure what to do about your underwater mortgage contact the Kelly Cook Real Estate Group today to discuss all of your options. Thank you for your time today and I hope to hear from you soon at :k1:’s short sale specialist.

Can I Do A Short Sale If I’m Still Employed?

Hi, this is Kelly Cook with the Kelly Cook Real Estate Group, your :k1: short sale specialist. We can be found online at www.AZKCRealEstateGroup.com. We specialize in helping homeowners throughout the entire :k1: area avoid foreclosure through the means of a short sale. We are also part of the Keller Williams Arizona Realty Network. We would love to chat with you about any short sale or real estate questions that you may have.

Today the topic we are specifically addressing is a question we get all the time: “Can I still do a short sale if I am employed and am making a decent income?” The answer is yes, you can. That is one of the biggest myths out there; there’s a lot of misinformation out there about short sales and I’m here to dispel this particular myth today.

First of all, the bank will look to see if you have a qualified hardship and 99% of the time you have to have a legitimate hardship to do a short sale. If you do not have a hardship, or are unsure if you do, give us a call and we’ll discuss your situation. A qualified hardship is much more far-reaching than just financial hardship or loss of job. You can certainly still short sale your property if you still have income, even if it’s increased since you’ve owned your home. Some other qualified hardships, in terms of examples, are divorce, job relocation, increase in expenses, sickness in the family, there are many others that we can discuss as well if you give us a call.

You can reach us at our office at 480.442.9868, email us at info@kellycookhomes.com, go to our short sale calculator at KellyCookShortSales.com. The short sale calculator will tell you when you’ll break even on your home, based on things such as your remaining principal amount, interest rate and monthly payment. It’s a very useful tool that I encourage you to take advantage of if you are contemplating whether or not a short sale is best for you. Please contact us at any of the previously mentioned methods; we look forward to helping you with your short sale.

Can I Complete A Short Sale On My Pentagon Federal Mortgage or Equity Loan

Hello everyone this is Kelly Cook with the Kelly Cook Real Estate Group, your :k1: short sale specialists, thanks for joining me today. Our team of top short sale experts are working with :k1: homeowners every day helping them avoid foreclosure through the means of a short sale. If you are currently behind on your mortgage and unsure what your options are give me a call today to learn about all of your real estate options.

Today for my blog I wanted to share some information about Pentagon Federal Bank in :k1: and my experience with their short sale team. Pentagon Federal is a smaller credit union in the :k1: area and does in fact accept customers who are not in the military. I love to work with Pentagon Federal, especially when it also means helping one of your countries veterans. I have had a lot of success working with Pentagon Federal and in turn understand what demands they will make and how long their short sale process takes. Just like with every short sale we take on, our team will do whatever it takes to make sure all deficiencies are waived and you the homeowner are 100% protected from any mortgage debt in the future.

So if you have a mortgage or home equity loan with Pentagon Federal please contact our team today to get your questions answered and to get started on the short sale process. If you are unsure about doing a short sale stop by my website and try out the Short or Stay Calculator tool to get the facts on your homes value. Thank you for your time today and I hope to hear from you soon at the Kelly Cook Real Estate Group part of Keller Williams Realty in :k1:.

Things You Need to Know about the Mortgage Debt Relief Act

Hey guys, Kelly Cook here with the Kelly Cook Real Estate Group, your :k1: real estate specialists. We can be found online at www.AZKCRealEstateGroup.com. We specialize in helping area homeowners find alternatives to foreclosure through the means of a short sale. Now the topic we are discussing today is very important. If there is no other video you watch, that we do or anyone out there does, about short sales, this is probably arguably the one to watch. Why, because it has to do with the mortgage forgiveness debt relief act. Now a lot of you are wondering what that is. Well, that is a piece of tax legislature that was put together and passed by Congress in 2007 that currently expires December 31, 2012. So you are running out of time to complete a short sale and have the potential of zero tax liability which is huge.

So, for someone who is thinking about doing a short sale right now, if their short sale closes on December 30, 2012 as opposed to January 2, 2013, that could have a huge financial impact on their finances. So if you are on the fence wondering if you should do a short sale and is this the right time? I’m here to tell you to get started right away because the banks are very slow. We push them and we have a very systematic process that we use in our office to negotiate short sales. With that being said, the banks still work on their own time frame.

So we always advise our own clients and customers to please give yourself as much time as possible to get the short sale done. With that being said, there is no time like the present to start. The average short sale can last 3 to 4 months and sometimes longer. So if you are out there wondering if a short sale is right for you, based on the tax liability alone that you could have potentially eliminated, if it closes by the end of this year, please give us a call. We can talk more about the legislation and if it will be potentially postponed. As of right now, it is set to expire. Give us a call at 480-442-9868. You can also email us at info@kellycookhomes.com or simply contact us through our website here at the contact us tab. You can also go to our short sale calculator which is a useful tool that gives you a break even analysis that will show you when your home will hopefully be an asset again.

Again, I’m Kelly Cook with the Kelly Cook Real Estate Group, one of :k1:’s leading short sale teams and we are here to help answer any questions you have. Thank you very much for your time and I look forward to speaking with you soon.

What Important Information is there To Know Before Working With SunTrust on the Short Sale on my Home?

Hi, I’m Kelly Cook here with the Kelly Cook Real Estate Group, your :k1: short sale specialists. We are part of the Keller Williams Realty Network and we can be found online at www.AZKCRealEstateGroup.com. We specialize in helping area homeowners find alternatives to foreclosure thorough the means of a short sale which we are discussing today. Now the topic that we are specifically addressing is SunTrust short sales. Now SunTrust is not considered one of the larger banks since it’s a smaller lender and they did participate in some of the subprime mortgages back in the real estate boom and consequently have some non-performing loans on their books.

SunTrust is also one of the banks that really didn’t have a really good system or process down for short sales and trying to figure out a way to navigate and dispose of all their bad, non-performing loans. However, they have gotten better recently. We really despised working with SunTrust four or five years ago; it was a nightmare, it really was. Now we do have some good contacts that we count on and two of them specifically that we contact and count on every single time that always come through to help us out. Their systems overall have gotten a lot better.

Again, we are one of :k1:’s top short sale teams if not the top one and consequently one of :k1:’s top real estate teams in general. We would love to help you work with your SunTrust short sale. So please don’t entrust some other agent who says they can get a short sale done who doesn’t have any experience working in the trenches with SunTrust. Count on us, give us a call we will get it done for you that I can nearly if anything guarantee. You can reach us via phone if you want to at the office at 1-480-442-9868 or you can email us at info@kellycookhomes.com. You can also simply contact us here on our website thorough our contact us form or fill out our short sale calculator which will give you a very good breakdown as to when your house will break even and become an asset once again. Please let us know if you have any questions, thanks and have a great day.

What You Need To Know About the New Bank of America Short Sale Process

Hey guys, I’m Kelly Cook here with the Kelly Cook Real Estate Group part of Keller Williams Realty and your :k1: short sale specialists. We can be found online at www.AZKCRealEstateGroup.com. We specialize in helping area homeowners find alternatives to foreclosure through the means of a short sale.

Our topic today is the new processes with Bank of America short sales. They came out and had a big announcement this past week on the new processes for homeowners and agents alike. The one program that we are going to talk about today is their cooperative short sale program. Bank of America basically has three separate short sale programs and we are going to talk about the cooperative program today. The cooperative short sale program is basically a pre-approved short sale program so if you are out there wondering if a short sale is right for you and you have a Bank of America loan, chances are you can get qualified for a pre-approved short sale through the cooperative short sale program. By doing that you simply contact an agent like us who specialize in Bank of America short sales and then we submit your information along with a letter of authorization to see if you qualify for that program.

To qualify you simply have to have a hardship. So give us a call today to speak about this further or if you have any other questions on what a qualified hardship is. The best part about this program is that Bank of America will pay you up to $2,500 at closing with a successful short sale. It’s a great deal, you don’t have to do anything just let us take care of all the work. You don’t pay us a dime because our fee is paid for by Bank of America and you can get a check for up to $2,500 at closing.

Again, I’m Kelly Cook with the Kelly Cook Real Estate Group, your :k1: short sale experts and I’m here to help. Give us a call today if you have any other questions about this program, we would love to talk to you more about it. We can be reached at 480-442-9868 or you can email us at info@KellyCookHomes.com. Take care and we look forward to speaking with you soon.

Is Ocwen Bank Difficult to Work With When Completing a Short Sale?

Hey guys, Kelly Cook here with the Kelly Cook Real Estate Group, your :k1: short sale specialists. We are part of the Keller Williams division in :k1:. We specialize in helping area homeowners find alternatives to foreclosure through the means of a short sale. We can be found online at www.AZKCRealEstateGroup.com.

The topic we are discussing today is doing a short sale with Ocwen Bank. There are a lot of people out there that have Ocwen as their servicer. We definitely have a lot of experience with Ocwen. Ocwen can be one of the more problematic banks if you will because they always present a challenge for us when we do a short sale with them. Luckily we have a very high success rate over the last six years of doing short sales with Ocwen. We know their systems very well. They are kind of finicky sometimes about a borrower being current as opposed to being late and how they would work the short sale that way.

So we would love to chat with you about your situation even if you are delinquent already or if you are current. Either way, we’ve gotten short sales completed with Ocwen but depending on the loan structure and depending on if it’s a second loan or a first loan, whatever the case may be, it can be kind of tricky and they have certain protocol for that. If you have a mortgage with Ocwen and are considering a short sale, give us a call or send us an email today.

Again, I’m Kelly Cook with the Kelly Cook Real Estate Group and we are here to help. Our number is 480-442-9868. You can also go to our website at WWW.KellyCookShortSales.com. Specifically on our website we have a short sale calculator. It will not only tell you when your house will be an asset again, but also, exactly how long it will be before the breakeven point occurs with a certain aspect of appreciation that may occur in the market if in fact it does. You can also email us at info@kellycookhomes.com. We look forward to talking with you soon and helping you with your Ocwen mortgage. Take care and have a great day.

Find Out How I Can Close Your Wachovia Short Sale In Just 10 Days

Hello everyone my name is Kelly Cook with the Kelly Cook Real Estate Group, your :k1: short sale specialist, thank you for joining me today. I work with Keller Williams Realty in the :k1: area and use my blog to provide valuable information to :k1: homeowners on their options for avoiding foreclosure. If you are currently behind on your mortgage or already considering a short sale take a minute to fill out the contact form on my website or call me directly to discuss all of your real estate options.

For my topic today I wanted to talk about Wells Fargo and Wachovia short sales in the greater :k1: area and some shocking news surrounding their short sale process. Even though Wells Fargo has acquired Wachovia and completed its transition we are still completing Wachovia short sales. If your loan was originated with Wachovia, even though it says Wells Fargo on it now, you are still grandfathered in to the Low Documentation Program. This short sale program through Wachovia but still under the Wells Fargo umbrella will allow you to complete a short sale in only ten days. The average short sale in :k1: takes around ninety day to complete so having this quick turn around on your file is great news for everyone. Through the Low Doc program the homeowner can sit back and allow our team to handle the short sale file and doesn’t even need to have a hardship letter written.

This is a great program put in place for Wachovia lenders and our team is prepared to help you get a short sale approval in just ten days. If you have a Wachovia or Wells Fargo mortgage and would like more information on the short sale process please stop by my website or give me a call today. On my website you will find a great new tool called the Short Or Stay Calculator that can give you a detailed report of when your home may be an asset again. Thank you for your time and I hope to hear from you soon at the Kelly Cook Real Estate Group.