Matt Gregory is a top Keller Williams real estate agent and short sale expert! Matt has helped many Santa Clarita, CA and Los Angeles homeowners avoid foreclosure and short sale their homes. If you’re struggling with your mortgage and would like a new start, contact Matt Gregory today. 661-713-4799 or mgregory@kw.com. Homeowners have more options and solutions than they are aware! Read below and watch this outstanding video below to learn more:

.

If you’re a Santa Clarita or Los Angeles area homeowner with financial difficulties, and your home is at risk, it’s critical you contact Certified Distressed Property Expert, Matt Gregory. The earlier the short sale process is started the better the chance of success. Once you contact Matt, he’ll develop cutting edge strategies and a plan of attack, specifically customized for your situation. He’ll immediately implement his proven methods and put them to work, just for you, the homeowner!

.

It costs the homeowner nothing to short sale their home. Matt will be paid by the lender and it costs the homeowner nothing! In many cases, Matt has even been able to negotiate $3,000. or more in cash back to the homeowner. It’s time to face your financial truth and take action! Don’t allow yourself to think it’s not possible! Don’t think let yourself think it won’t work for you! It can and will, work for you. Give yourself a break and contact Matt today.

.

Matt is a Certified Distressed Property Expert and utilizes cutting edge solutions for those facing financial crisis.
MattSellsSCV.com

661-713-4799

mgregory@kw.com

Wow, what a week it’s been! Our Gregory Real Estate Group leader Matt Gregory, Broker Associate also with Keller Williams VIP Properties, appeared at our local Santa Clarita KHTS Hometown Radio Station on the Don & Gino radio show. Watch this great video of the recorded session here and read below to learn more:

.

Santa Clarita Short Sale Expert, Matt Gregory was part of a local Santa Clarita team of short sale expert guests that provided listeners with timely, and valuable information, relevant to the Santa Clarita Valley and real estate market. The other guests that appeared on the program were Amy Sturton an expert short sale negotiator with Real Pro Advantage, & Steve Corn of Newhall Escrow. Santa Clarita Bankruptcy Attorney Lou Esbin also called in to round out the team of experts contributing to the show. The program was sponsored by Skyline Financial and on behalf of real estate professionals everywhere, we wish to thank them for their support. It’s radio shows like this that provide the Santa Clarita listeners with inside information they need to make critical decisions about their real estate needs. We also want to thank the wonderful hosts of the show, Don Goettling and Gino Fronti. Don and Gino did a great job and many have commented how well they kept the show on subject and asking relevent questions that provided the listeners with the answers they need.

.

Here is the contact information for the experts on today’s show:

• Real Estate Short Sale Expert - Matt Gregory – 661-713-4799 or mgregory@kw.com
• Short Sale Expert Negotiator - Amy Sturton - 661-294-9194
• Hosts & Skyline Financial Mortgage Specialists - Don Goettling and Gino Fronti – 661-257-7722
• Newhall Escrow Expert - Steve Corn 661-259-3450
• Expert Bankruptcy Attorney – Lou Esbin – 661-254-5050

.

Matt Gregory often works with the very same team of experts appearing on the radio show and is extremely grateful for their dedication and expertise with short sales and other distressed properties. We believe, by using Amy as our short sale negotiator, it allows our short sale clients the best chance for success. Yes, as real estate agents, we earn less commission, but we’re truly more interested in seeing our clients successfully close their Santa Clarita short sale transaction. In most cases, we believe the most effective way to avoid foreclosure is a short sale transaction.

.

As discussed on the radio show, it’s critical for homeowners and home buyers to be represented by a real estate agent that is also trained and experienced with short sales. Your well intended and friendly neighborhood real estate agent may not be the best choice in today’s market. The majority of the Santa Clarita real estate market consists of short sale listings. That means, if you’re a home buyer, there’s a darn good chance the home you buy will be a short sale! These transactions are often difficult and complex to successfully close. It only makes good sense to have an experienced and trained short sale agent to increase your chances of success. Matt Gregory is a Certified Distressed Property Expert and has helped many friends and clients avoid foreclosure. You may contact Matt at 661-713-4799.

.

By the way, if your selling a home and want to top off your staging efforts, here’s a great new idea that will entice home buyers into offer action! Check out Scentsy Flameless Candles! there’s No Wick, No Flame, No Soot, No Lead and SAFE!  Available in over 80 different fragrances, styles and designs. What we smell affects our memories and emotions. How about a scent to remind your buyers of mom baking cakes and pies! Hmmmmm. Also available is the Scents called “Home Sweet Home” and “Welcome Home.” Bet those would do the trick!! Contact Mary Gregory at marygregory1128@aol.com or visit her website by clicking here! You may also call Mary at 661-210-7617.

If you’re a Southern California homeowner, struggling with your mortgage and considering a short sale, here’s what you need to know in advance! Take a look at the video and read below to learn more! Questions? Contact Certified Distressed Property Expert, Matt Gregory at 661-713-4799.

Not all short sales are successful!

It doesn’t matter what real estate professional you speak to, no one can promise 100% short sale success. If they do, we advise you to run like heck the opposite direction. Remember the old adage, “if it sounds too good to be true, it probably is!” We’re not trying to discourage anyone from a short sale, but as responsible Santa Clarita real estate agents and short sale experts, we must also be honest and realistic. Now that we have that fact out of the way, let’s discuss the factors that will determine the success or failure of your short sale.  

Primary Contributing Factors

It’s difficult to determine exactly which factors have the most impact on the success or failure of a short sale. The most important advice we can give is, start the short sale process as soon as possible. The sooner the better! The longer you wait the less chance for success! The factor which we have the least amount of control, but has killed many short sales is the BPO or, Broker Price Opinion. The lender sends someone to the property to do their own valuation and determine the present market value. Often the person doing the valuation is not familiar with the community and provides the lender with an inaccurate appraisal. It often makes absolutely no sense, and there’s not much your agent can do to convince the lender otherwise. There are some proactive steps the homeowner and agent can take, but once done, it’s up to the lender! We’ve seen short sales in our Santa Clarita Market Center fail due to an incorrect and high BPO. We’ve even seen the lender foreclose and end up losing much more money than if they would have accepted the short sale offer!

.

Success / Failure Factor List

Take a look at the list below to see most of the factors that should be considered when determining the potential for your short sale success or failure. Please contact Certified Distressed Property Expert, Matt Gregory with any questions. Matt is highly trained and experienced with short sales and has helped many friends and clients avoid foreclosure and short sale their homes. Contact Matt at 661-713-4799.

• Start Early – Start the Short Sale process as soon as possible – the sooner the better!
• Hardship -The homeowner must be able to prove a true hardship exist.
• Package – The Short Sale Package must be accurate, complete, and submitted as directed by the lender. Your agent or negotiator will work with you on this.
• Real Estate Agent – it’s critical your agent is trained and experienced with short sales. Don’t let this be a factor! Solve this problem in advance by contacting Short Sale Specialist Matt Gregory! 661-713-4799. Your friendly neighborhood real estate agent may not be trained and experienced enough to handle these difficult and complex short sale transactions.
• Short Sale Negotiator – Must be trained and experienced. We advise the negotiator have training and a background in the banking or lending business. By the way, lawyers don’t always make the best negotiators!
• How many loans? One is best, but if there’s a second it can still work.
• Notice of Default – If a NOD has been filed, time is limited. Your negotiator will request an extension on the sale date and lenders will usually grant it at least once. The bottom line is this – The sooner you start the short sale process, the better your chance at success!
• Property Liens – How many and how much?
• Who is the lender? Some lenders are more cooperative that others!
• How far behind in payments and what’s the difference between what is owed on the loan and the market value of the home
• HOA – If the home is part of a HOA it’s best if the monthly HOA dues are up to date. This can be a deal killer if not! Someone is going to have to come up with the HOA money and most lenders will not pay for it!
• BPO – Broker Price Opinion – The BPO is the way most lenders determine the value of a short sale property. If the lender thinks the property is worth more than the buyer’s offer, then they will decline the offer. This is the reason for most short sale failures. Often the person doing the BPO is not familiar with the community and is inaccurate with their appraisal. Your short sale qualified agent can help prevent this, to a degree. An offer can also be re-submitted at a later date for reconsideration. It could require a 90 day waiting period.
•  QUALIFIED, LOYAL and PATIENT BUYER! – It’s not uncommon for the original buyer to back out before the lender responds to the offer. This does not necessarily kill the deal, but your agent will need to find another buyer and the entire package may have to be re-submitted. Some lenders and handling this situation a little better now, but it’s a common problem.

We hope the above information was helpful but we know there’s much more! Short sales do take time but everyone must be patient and they will usually be successful. Should you have any questions please contact Matt Gregory at the Gregory Real Estate Group. 661-713-4799 or e mail mgregory@kw.com. We’ll be happy to schedule a FREE private consultation and help determine the best solution for each specific situation.

Welcome to ExtremeShortSale.com and the Gregory Real Estate Group! Matt Gregory leads our group and is highly experienced and trained as a Certified Distressed Property Expert. We’ve helped many friends and clients during this extremely difficult period known as pre foreclosure, and we can help you as well! We’re well aware of the stress associated with financial issues and we are absolutely sure we can be of help! Take a look at the video and read below to learn more about your options and solutions.

.

ExtremeShortSale.com was developed with the intent to offer education and assistance to anyone experiencing mortgage struggles and the pre foreclosure process. Many are misinformed or unaware of the different options and solutions available. Often, what we hear from the main stream media, our lenders and our government is not the right solution and can actually make our situation worse. Before we go further please know this: You are not alone, and there’s absolutely no need for embarrassment! Many find themselves in difficult financial situations due to a variety of reasons from a  reduction in work hours to loss of job,  health issues and so on. Presently, almost 50% of the homes for sale in Santa Clarita are pre foreclosures. That’s why we say, you are not alone, so don’t be embarrassed! You’ve landed in the right place and we’re here to help! We want to help and we have the expertise to help!

.

Is a loan modification the solution? Probably not! Regardless, expert real estate agent and short sale specialist Matt Gregory always attempts to help his clients save their home first! That is, if it makes good financial sense and it that is what is desired by the homeowner.

.

Many have tried to obtain a loan modification but the only result that occurred was FRUSTRATION! This process is often frustrating and time consuming. The time it takes to just get your lender to respond is sometimes quite lengthy and just unreasonable. Homeowners wait and wait only to find out their loan modification has been denied or that the terms and conditions are not acceptable and only drive you deeper in debt. What many don’t know about loan modifications is this: Loan modifications are only right for very few homeowners. A loan modification might be a good solution for someone that experienced a temporary loss of income but now they’re back on track. They just need to get current with their lender and move on. Generally, folks are unaware, at last count 67% of all those obtaining a loan modification actually defaulted within the first year! This is a huge number and the reason is simple! The financial difficulties of those receiving the loan modification were not solved, before they obtained the loan modification! In fact, the only ones that benefited from the loan modification was the lender. They were able to squeeze a little bit more money out of the homeowner before the inevitable foreclosure. Don’t believe for one minute that lenders are unaware of this fact!

.

HAFA  provides options to remain in your home, however you must qualify! There is a list of mortgage servicers who participate in the Making Home Affordable Program who are required to evaluate homeowners for a Home Affordable Modification before evaluating them for other options.

.

A request can be made for a HAMP (MHA) modification from your mortgage servicer and if you are found to be eligible, a  review process will proceed, then a trial period plan and receive a permanent modification. This program has basically turned out to be a failure because most don’t qualify. Click here to find out more! It doesn’t mean you can’t try!

.

If you are not eligible for a Home Affordable Modification, your mortgage servicer may do an evaluation for other alternatives they offer that might keep you in your home, such as their own modification programs or a forbearance.

.

What is HAFA and can it help me Avoid Foreclosure? Before proceeding further, be aware there are constant changes with HAFA and different lending institutions may respond accordingly. Here’s a link that might be helpful when considering this option. HAFA LINK

.

HAFA offers homeowners, their mortgage servicers, and investors an incentive for completing a short sale or deed-in-lieu of foreclosure. With these options, under HAFA, a homeowner leaves their home to transition to more affordable housing and alleviate the mortgage debt they owe.

.

These options are available for homeowners who:

•      Do not qualify for a trial modification under the Making Home Affordable Program.
•      Do not successfully complete the trial period for their modification.
•      Miss at least two consecutive payments during their modification period.
•      Request a short sale or deed-in-lieu of foreclosure.

The HAFA Program streamlines both of these options to make them easier for a homeowner to work with their servicer. Under the program, a homeowner may qualify to receive $3,000 from a HAFA short sale to help with relocation costs.

.

Mortgage servicers and investors write their own guidelines under the Federal requirements to determine how to implement the program into their business plans. For more information about your options please contact us to schedule a consultation. For now, just know this: In certain situations you may qualify for money to find another home if your lender agrees to a pre foreclosure sale and you qualify. Since the various lenders implement

.

Please see the various options below for those currently in pre foreclosure. Remember the facts about loan modifications we previously discussed. To be completely honest, in most cases a pre foreclosure sale (short sale) is usually the best solution. Not always, but most of the time it turns out to be true.

.

 Do Nothing and Wait – If a homeowner does nothing, they will lose their home. This is really the worst possible option as far as your future credit is concerned. Sometimes struggling homeowners just don’t want to accept or face their financial truths. They know this will be the final outcome but just don’t know what else to do. We can help and if you contact us soon enough there’s a very good chance we can help you avoid foreclosure and complete a pre foreclosure sale. We may even be able to get you some money back for other housing.

.

 Payoff/Refinance - Completely paying off the entire loan plus any default amount and fees. If you could accomplish this you most likely would have already done so.

.  

 Reinstatement- Paying the entire default amount plus interest, attorney fees, late fees, taxes, missed payments and fees.

.

Loan Modification - Work with your lender to refinance the debt which usually involves extending the terms of the loan.  This may allow the homeowner to catch up at a more affordable level.  To qualify, you usually have to prove to the lender you have fixed the problem that caused the late payment. Keep in mind, 67% of those receiving loan modifications will end up defaulting.

.  

Forbearance - This is a repayment plan based on the homeowner’s specific situation.  The lender may temporarily reduce or suspend payments.  The homeowner must show they are able to meet the new payment plan requirement. Again, this can be very costly to the homeowner in the end.

.

Rent the Property – This would be a good option if you’re not behind in payments and you have a little equity. We doubt you would be reading this post if you were in a position to choose this option.

.

Deed in Lieu of Foreclosure - Give the property back to the lender instead of foreclosing.  Lenders usually require the home be in good condition and payment and taxes must be current. We honestly feel this is almost as bad as a foreclosure.

.

Bankruptcy - Speak to your attorney about this option.  We can refer you to a qualified bankruptcy attorney.

.

Standard or Short Sale - If the property has equity this is a great solution. The homeowner may sell the home without lender approval through a conventional equity home sale.  In this case, the homeowner will get cash from the sale.  On the other hand, a Short Sale, also known as a pre-foreclosure sale, can be negotiated with your lender by your Realtor if you owe more than the property’s value. Remember, a short sale usually costs the homeowner nothing. As mentioned above, we can sometimes even negotiate a little relocation money in the process.

.

We offer a FREE personal and confidential consultation to help you explore your options and find a solution. We’ve found, when someone from the outside helps look at a difficult situation, the solution isn’t so hard to see. We all become emotionally attached to our homes and our first instinct is to protect our castle. In most cases this can be very costly and only drive the homeowner deeper in debt. We know we can help you protect your future wealth and find a solution that will work for you and your family.

.

 Please contact us today, and we’ll help you, help yourself! We promise you’ll walk out of our office with a little lighter load because you’ll have some hope. This situation will not last forever and it’s best to get it behind you and move forward with your lives. You may contact Matt at 661-713-4799

Welcome to ExtremeShortSale.com & the Gregory Real Estate Group! Matt Gregory leads our team and has helped many friends and clients avoid foreclosure and short sale their homes. One common question we always hear is; what is the California Non Judicial foreclosure process and how long does it take? Take a look at the video and read below to find out! We’re always happy to answer any questions about California Real Estate, especially short sales. You may contact us at 661-713-4799.

.

.

Many of us are unaware that your lender can actually file a Notice of Default (NOD) after you miss even one payment. This almost never occurs, but it’s an interesting fact. Generally, a Notice Of Default (NOD) will be filed after 90 days has passed since the last payment. It could be, and often is longer than 90 days but 90 days a a good rule of thumb. 

.

On the surface, the dates for a foreclosure process are easy to understand but there are a number of other activities occuring within time period, after the NOD is actually filed. Also, keep in mind that some of the dates may flex. The dates mentioned below are the minimums. The foreclosure process can, and often does take longer than provided by state law, but don’t bet on it! The quick version of the timeline is as follows:

.

Once the Notice Of Default is filed the foreclosure process is underway.

.

Day 1 – Day 90           Redemption Period - Notice Of Default Filed. 90 Day Redemption Period

.

Day 91 – Day 110       Publication Period - Notice Of Trustee Sale

.

Day 111 or more      Trustee’s Sale Date – The Trustee’s sale can now Property can now be sold

.

Here’s a more complete and longer version of the process:

.

Redemption Period

Once the Notice of Default records, the foreclosure time frame is underway. California law states that within 10 business days a copy of the recorded Notice of Default is sent by certified and regular mail to the borrowers at all addresses provided and any recorded special requests. Within 30 days a copy of the Notice of Default is sent by certified and regular mail to the owners and junior lien holders to the Deed of Trust being foreclosed. A Trustee’s Sale Guarantee Report is ordered from the title company providing all title information. The foreclosure remains dormant for the next 60 days unless the borrower makes contact to cure.

.

Publication Period

California foreclosure law states that the publication period begins once the redemption period has expired. A Notice of Trustee’s Sale is prepared and published in an adjudicated paper of general circulation in the city in which the property is located. The Notice of Trustee’s Sale is published one time per week for three weeks. The actual Sale is established by adding at least 20 days to the date that the Notice of Trustee’s Sale was first published in the newspaper. The Notice of Trustee’s Sale is posted on the property and in a public place. At least 14 days period to Sale date the Notice of Trustee’s Sale must be recorded in the county in which the property is located.

.

Trustee’s Sale

California foreclosure law states that on the day that was established for sale of the property, and only after all publication period requirements have been met, the property is sold to the highest bidder for cash for the full amount of the debt plus foreclosure fee and expenses. If no one bids at the Trustee’s Sale, the property automatically reverts back to the beneficiary for the debt. A Trustee’s Deed Upon Sale is recorded in the county in which the property is located transferring title to the foreclosing beneficiary allowing the marketing of the property to recover their debt.

.

All sales under a power of sale in a deed of trust will be made between the hours of 9:00 a.m. and 5:00 p.m. on any business day, Monday through Friday, at the time specified in the notice of trustee sale. The sale must be made a public auction to the highest bidder. The trustee has the right to require every bidder to show evidence of ability to pay the full bid in cash, cashier�s check or certain bank checks. Each bid is by law an irrevocable offer to purchase. However, a higher bid cancels an earlier bid. It is unlawful and a criminal offense (a fine of $10,000 or up to one year in jail) to offer anyone consideration not to bid, or to fix or restrain the bidding process in any manner. Debtors may reinstate up to five days before non-judicial foreclosure sale.

Junior lien holders may no longer redeem, so they may try to protect themselves by (1) advancing funds to bring the senior loan payments current, then foreclosing for the sums advanced; (2) bidding at the foreclosure sale so the price will be sufficient to pay off the senior and the junior liens; or (3) acquire the property by bidding at the foreclosure. If the debtor has a right to redeem and does so, the junior who purchased the home must be reimbursed. Junior liens do not reattach the property if a borrower redeems a senior lien whose foreclosure extinguished the junior. This helps borrowers by encouraging the junior to bid up to the property to fair market value at the foreclosure sale, or else lose out, giving borrowers closer to fair value at sale.

Lenders may not seek a deficiency judgment if (1) the foreclosure is non-judicial or if (2) foreclosure is on a purchase money obligation. The same rules do not apply to guarantee or later lien holders. The lenders may seize alternative collateral. If the lender forecloses by filing a lawsuit, then the lender can obtain both a foreclosure sale order and a judgment against the borrower for a deficiency after the court-ordered sale, but only for the difference between the judgment and the fair value of the security.

.

Pete@ExtremeShortSale.com   661-406-2959

.

The views and opinions expressed in this blog post are just that – views and opinions of Matt Gregory and those who comment.  Please note that I am not an attorney or a tax professional and any time I discuss either topic, I suggest you consult with the proper professional for relevant assistance.

.

So…… finally you’ve decided to short sale your home and get that monkey off your back! You’ve agonized, worried, fretted and stressed but that was no solution. You’ve tried avoiding the issue in hope it might just solve itself! You might have tried for a loan modification but you were ignored, turned down or you finally saw the numbers and ran like heck! You may have thought about just letting the foreclosure process occur, but you know in your gut that’s the worst possible option. You’ve now made up your mind to avoid foreclosure and short sale your home. If so, you’re in the right place! You’ve landed at ExtremeShortSale.com and found the most informative and relevant short sale blogsite on the internet. ExtremeShortSale.com and the Gregory Real Estate Group have helped many friends and clients to take control of their situation, avoid foreclosure, protect their future wealth and short sale their homes. You’re convinced we’re experienced and qualified to help you with your needs. Additionally, we’re prepared to help you short sale your home right now! Contact top Keller Williams Broker Associate, Matt Gregory today. We’ll schedule your FREE confidential consultation for as soon as you’re available. Call Matt at his cell, 661-713-4799 or e mail him at mgregory@kw.com. You may also contact Pete Gregory at 661-406-2959. Let us, help you, help yourself!

.

Matt Gregory leads our Gregory Real Estate group! He’s is a Distressed Property Expert and Short Sale Specialist. Matt’s had specialized training specific for Pre-foreclosure/Short Sale transactions and has a successful track record for closing these complex transactions. You can be confident you’ve selected the absolute best short agent in the Santa Clarita Valley and Greater Los Angeles Area.

.

.Pete@ExtremeShortSale.com   661-406-2959

Welcome to ExtremeShortSale.com and the Gregory Real Estate Group! With the number of short sale properties on the market today, we thought it might be a good idea to address one of the questions we sometimes hear from our clients. Why would my lender agree to a short sale? Take a look at the video and read below as expert short sale agent, Matt Gregory explains:

.

In most distressed mortgage situations, foreclosure is a last resort for all parties involved. Simply put, both the homeowner and the lender usually want to avoid foreclosure at all costs. That is why lenders have come up with various alternatives to foreclosure, which they are very motivated to pursue prior to going to foreclosure. A short sale gives the lender to ability to cut their losses up front, avoiding the time and expense of a foreclosure and potentially greater losses. Lenders want to make loans! They don’t want to be in the business of owning and managing real estate. In many cases, a short sale offers a better return on the lenders investment than a foreclosure. Contact Matt Today!

.

Last year we had a perfect example of a lender taking heavier losses by foreclosing than if they would have agreed to a short sale. The lender mistakenly thought the property was worth way more than they were offered on the short sale. They went ahead a foreclosed but sold the property for much less than they were offered on the short sale. In this case the lender was unfortunately provided an incorrect and low BPO by their own broker.

.

If you’re struggling with your mortgage and would like some help exploring your options and solutions, contact us to schedule a confidential consultation. You may contact Matt at 661-290-3735. Matt is a short sale expert and a top Keller Williams real estate agent in Santa Clarita, CA.

Welcome to ExtremeShortSale.com and the Gregory Real Estate Group. Matt Gregory is a Broker Associate and top real estate agent with Keller Williams VIP Properties in Santa Clarita, CA. Matt leads our Gregory Real Estate Group and has successfully closed many Santa Clarita short sale transactions as a representative of home buyers and sellers. We’re beginning to see a little bit of a shift with some lenders regarding property sale date extensions, especially once the NOD has been filed. Take a look at the video and read below to learn more:

.

At this time it appears lenders are less inclined to agree to property sale date extension, even if the short sale is close to approval.  A common question we hear from homeowners planning a short sale is, at what point should the short sale process begin? The best response is always, the sooner the better! There are a number of factors involved in a successful short sale and starting the process early is one of them. The sooner the short sale process begins, the better the chances of success. Once the homeowner receives a Notice of Default, the foreclosure process has begun and the clock is ticking. Yes, in most cases we’re still able to obtain sale date extensions, but it appears some lenders are a little less agreeable in some instances. That being said, we still believe it’s never too late to successfully complete a short sale. We must always remember, the chance for success is better if the process is started early.

.

If you’re struggling with your mortgage and would like to discuss your options, we’d like to help! Please contact Matt Gregory at 661-290-3735 and he’ll schedule a confidential consultation, FREE of charge! Remember, the broker commissions for a short sale transaction usually costs the homeowner nothing!!

.

Pete@ExtremeShortSale.com   661-406-2959

Welcome to ExtremeShortSale.com! The Gregory Real Estate Group does it again! Matt Gregory listed a Valencia home in the North Park Community. Located on Crown Court, this investor owned home closed the escrow on Feb. 24, 2011! This was a Santa Clarita short sale and it’s often difficult to close a short sale when it’s a home owned by an investor. Take a look at the video and read below to learn more. Contact us at 661-713-4799 or 661-290-3735.

.

As many are aware, we here at the Gregory Real Estate Group are experts on Santa Clarita Short Sale transactions. Matt Gregory leads our group, utilizing cutting edge ideas and solutions to successfully close these complex pre-foreclosure transactions. Matt is a Certified Distressed Property Expert, Short Sale Specialist, and has a proven track record for successfully closing short sale deals! If you’re a real estate investor or homeowner and you’re struggling with the mortgage, we can help! As mentioned in the video above, even Santa Clarita real estate investors can successfully short sale their properties. It’s critical that you have a Santa Clarita Real Estate Agent, experienced and trained in short sales, with a successful track record! Often, there are many challenges involved and if the agent does not have experience with such, it could hurt your chances for short sale success. This advice applies to buying a home or selling a home. If it’s a short sale, you need a short sale expert! Contact Matt Gregory today at 661-713-4799 and schedule a FREE confidential meeting! We’ll get you started on protecting your future wealth and credit. We want to help!

.

Remember, watch out for those scams out there! These forensic loan audits are usually a waste of your money! Loan Modifications are only right for very few people and mostly benefit the lender, not the homeowner or investor! Never give anyone any money up front to help you with your loan modification. In California, this is even illegal! Just follow your own good sense and you’ll stay out of trouble! Remember the old saying, ”if it sounds too good to be true, it probably is!”

.

Matt Gregory
Broker Associate DRE#01463326
Keller Williams VIP Properties
25124 Springfield Ct. #100.
Valencia, CA 91355

Office: (661) 290-3735
Cell: (661) 713-4799
Fax: (661) 255-5250

Welcome to ExtremeShortSale.com and the Gregory Real Estate Group! Matt Gregory is an Expert Short Sale Real Estate Agent and has successfully helped many friends and clients avoid foreclosure and short sale their homes. Take a look at the video and read below to determine when how to know it’s time for a Santa Clarita Short Sale:

How do you know when it’s time for you to short sale your home? That’s a good question, and the correct answer depends on the specific financial situation of the homeowner. Additionally, the emotional state of the homeowner should be considered as well. Let’s look at one fictious, but common scenerio and see if this helps answer the question:

.

A Santa Clarita couple decided to buy a home in 2007, when the Santa Clarita Real Estate prices were way up. They knew prices were high and would likely go down, but they didn’t mind because the planned to live in the home, long term. This was going to be their home first, and real estate investment, second! They went ahead and bought a Santa Clarita home they both loved. All was well for the first two years, but in 2009 one of the couple lost their job. Even then, between the two of them they had enough savings to stay afloat for about six months. Surely, a new job would pop up by then! No worries! Unfortunately, a year went by and still, no new job. Their savings was gone and they started to fall behind in their mortgage. They couldn’t just sell the Santa Clarita home normally because the home was worth way less than they owed on the loan. After struggling for several months, they finally started to accept the fact that they might not recover enough financially, to save their home. They looked at possible loan modifications but quickly realized, even if they could get the loan modified, it would cost them even more money and only stall the inevitable. Eventually, they learned about short sales and were able to avoid foreclosure, short sale their home, and move on with their lives.

.

This story is actually quite common and this couple is not alone! About 50% of the Santa Clarita homes on the Santa Clarita real estate market are short sales. We all know the stress associated with money and bills. Some of us react differently when experiencing  financial hardship. Some think of their financial struggles nearly every waking minute of the day. Emotionally, we can only take so much of this, without it having a negative impact on our lives. How long did this couple really have to wait to finally accept their financial truth, and complete their Santa Clarita short Sale?

.

The answer is, it depends! They could have completed their Santa Clarita short sale shortly after the job loss unless they had a substantial savings account. It’s a question of just how much emotional turmoil we can live with and for how long. Was their situation causing problems with their relationship? You can bet, the answer is yes. They had to be emotionally attached to their home because they planned to live in it for a long while. Was this situation sucking the fun from their lives? Of course it was! This fictious couple stuck it out longer than really necessary, because it was a home and not so much an investment. To determine if it’s time to short sale your home, you must truthfully answer these questions:

.

Where am I really at with my finances? You must face your financial truth! When facing difficult circumstances, it’s not until we honestly admit and face our truths, that enables us to move forward in a positive manner.

.

How long will it take until the amount of your home loan is in balance with the market value of your home? We have software to determine the exact answer to this question. Many will be surprised at how long it could take to get even! Contact the Gregory Real Estate Group today!

.

Have you lost income (for whatever reason) and/or are you continuing to live with less income than planned when the home was purchased? 

.

By honestly considering these three questions you’ll know the truth. Contact Southern California’s and Santa Clarita’s short sale leader, Matt Gregory with the Gregory Real Estate Group. We’ll schedule a FREE confidential consultation to help you consider your circumstances. Matt Gregory will help you avoid foreclosure, explore your options and find a solution. Let us, help you, help yourself! Contact Matt at 661-713-4799 or e mail us a mgregory@kw.com.

.

Pete@ExtremeShortSale.com   661-406-2959