Extreme Short Sale

Welcome to ExtremeShortSale.com! Today you can view a new video by Certified Distressed Property Expert and top Keller Williams Santa Clarita Real Estate Agent Matt Gregory. Matt leads our Gregory Real Estate Group and is extremely experienced in Santa Clarita Short Sales. Watch the video and read below as Matt reveals Santa Clarita Short Sale Myth Number Ten. If you’d like to talk to us today, please call Matt at 661-713-4799. Enjoy!

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Short Sale Myth #10 - A short sale is not worth worth the effort – False!

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Looking at this from a future wealth point of view, think about this: Say you bought your home a couple years ago when prices were much higher. Obviously, with today’s market values the value of your home is way below the amount of your loan. If you short sale your home now, you will be relieved of that loan obligation, however your credit will take a hit. Not near as much as a foreclosure though! After a short sale, if you keep your bills paid on time and do all the things necessary for a good credit rating, you’ll be able to obtain a new home loan in one or two years. We don’t expect home prices to go up much anytime soon so you’ll probably be able to obtain a home similar to the one your sold, but at a much lower price.  After several years Santa Clarita real estate will most likely appreciate and you’ll be ahead of the game and will have made a profitable investment. Things might not look so good now, but in a few short years you can be in a much better position if you avoid foreclosure and short sale your home. There are never any guarantees about the future real estate market but just look at the history.

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This concludes our Santa Clarita Short Sale Myths series and we hope you found it helpful. As always, we’re just a phone call or an e mail away. Please contact us today to schedule a free confidential meeting. we’re happy to help you explore your options and find a solution that’s right for you!

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Thank You for visiting ExtremeShortSale.com and your comments are welcome.

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Pete@ExtremeShortSale.com  661-406-2959

Matt@ExtremeShortSale.com  661-713-4799

Good Afternoon and welcome to ExtremeShortSale.com! Our team here at Extreme Short Sale is lead by a top Keller Williams Santa Clarita Real Estate Agent, Matt Gregory. Matt’s also a Certified Distressed Property Expert and highly experienced in short sales, especially here in Santa Clarita. Today we continue our Santa Clarita Short Sale MYTH series. Take a look at the video and read below to find out more.

Santa Clarita Short Sale Myth #5

The bank would rather foreclose than cooperate with my short sale.

This is absolutely FALSE! This is one of the top misunderstandings of homeowners that are facing foreclosure. So many homeowners don’t even bother with a short sale because of this misconception. The truth is that banks do not want to foreclose on your home because the process is very costly. Banks tend to make more money through a short sale than a foreclosure and with less problems. A homeowner that is trying to complete a short sale usually is still caring for the home and maintaining the home. When a bank forecloses on a homeowner, the homeowner tends to be angry and can often damage the home and make it tougher to sell for the bank. So these are the reasons why your bank does want to work with you on a short sale.

I am always here to help! Please feel free to contact me with any questions regarding your real estate needs. I also do private consultations and I’m happy to help others analysize their potential loan modifications and mortgage status. We’re here to help so please contact me and we’ll set up an appointment. Matt Gregory 661-713-4799.

Matt@ExtremeShortSale.com

Pete@ExtremeShortSale.com

Natural instinct demands we protect our home but sometime it just doesn't make financial sense!

Good Afternoon and Happy Friday to all! Certified Distressed Property Expert & top Keller Williams Agent, Matt Gregory and our team here at ExtremeShortSale.com offer a helpful and free loan modification analysis. In addition to helping with loan modification analysis we’re also extremely experienced with Santa Clarita Short Sales. Take a look at the video and read below to learn more. Like the children in the video below, it’s human nature to protect our castle. Sometimes it just doesn’t make the best financial sense, but most of us feel we have to at least try first!

We are here to help! That’s right, The Matt Gregory Real Estate Group at Keller Williams VIP Properties in Santa Clarita is here to help homeowners who are in trouble with their current mortgage payments. More and more banks are offering loan modifications to these homeowners which are resolving problems for families trying to avoid short sale or foreclosure. A loan modification can be great for a family that has a temporary shortage of income or maybe facing a higher adjustable rate on a loan. Look, bad things happen to good people. These same great people that had good jobs, good credit, and a healthy financial portfolio are now in trouble and are facing foreclosure. Our advice to these people is to take action! Contact your bank and let them know your situation. Often times they may offer you a temporary or permanent loan modification to get you back on your feet. We know that a loan modification can be great as long as the terms are favorable for the homeowner.

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So one might ask: How do I know if the banks loan modification terms are right for me?

The answer is very simple. Contact the Matt Gregory Real Estate Group at Keller Williams Realty. We are offering free loan modification analysis to ANY AND ALL homeowners! We have updated software available to determine if the banks loan modification terms are right for you. We have recently helped several people make the decision to save their homes from foreclosure and relieve their stress. Please contact us with any questions and we look forward to helping you out. Remember, if your loan modification doesn’t work out, a short sale will! 

Matt Gregory 661-713-4799

Matt@ExtremeShortSale.com

Pete@ExtremeShortSale.com

Good Afternoon from our team here at ExtremeShortSale.com. Matt Gregory is a top Keller Williams Real Estate Agent and Certified Distressed Property Expert. Matt’s topic for the day covers how to correctly price a Santa Clarita property for short Sale. Take a look at the video and read below to learn more. Thanks for visiting and we welcome your comments.

The Santa Clarita Valley real estate market currently has 784 active listings for sale and 316 (40%) are short sale listings. With such a large number of Santa Clarita short sales flooding the market, I thought it would be a great idea to talk about one of the pitfalls a homeowner faces when listing their home as a short sale and a simple solution to avoid that pitfall.

Short Sale Pitfall #1 - Your Property is Priced Incorrectly

It is no secret that all homeowners want top dollar for their home. Over pricing a home is the most common mistake made with all properties, and the number one reason that a property doesn’t sell. In the case of a short sale, this pitfall can lead a homeowner straight down the path of foreclosure. Most short sale listings are time sensitive and are usually facing a deadline to get the home sold or the lender will foreclose.

Solution - Hire an Experienced Short Sale Agent

Short sales are NOT an easy task for an inexperienced agent. Pre qualify your real estate agent and make sure that they have extensive training in short sales and have actually completed a short sale transaction. An agent such as a CDPE Certified Distressed Property Expert has gone through proper training and understands the concept of a short sale. This real estate agent will go through a detailed listing price strategy with you, allowing you to see exactly where your property should be priced based on its current condition, sales in your area, and most importantly, how much time you have left to sell.

Matt Gregory

Matt@ExtremeShortSale.com

661-290-3735

Good Afternoon and welcome to ExtremeShortSale.com. Today, Certified Distressed Property Expert, Matt Gregory talks about a recent successful Santa Clarita Short Sale transaction. Matt Gregory is a top Keller Williams Santa Clarita Real Estate Professional and uses ExtremeShortSale.com as a venue to help educate and provide information to all. Take a look at the video and read below to learn more.

Matt is presently representing one of his buyers for a short sale transaction here in Santa Clarita. Escrow opened about 45 days ago and is closing tomorrow! In this case the seller already had an approval from the lender, which is the best kind of short sale listing to have. It’s just one of those deals that worked out great for the buyer, seller, lender, and both Real Estate Professionals. Yes, the lender benefits by saving the costs associated with a foreclosure. The seller avoids foreclosure, protects their future wealth and takes a much shorter credit hit. The buyer didn’t have to wait an unreasonable amount of time for escrow to close. the Real Estate agents are always happy to close their transactions quickly. If you’d like to learn more about the advantages of short sales, see our previous posts at ExtremeShort Sale.com.

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Although Santa Clarita Short Sales are difficult and lengthy at times, they are closing every single day here in Santa Clarita. Matt Gregory and his team love our Santa Clarita Real Estate business and especially our association with Keller Williams VIP Properties. We look forward to helping others who may be struggling with their mortgages, explore their options and find a solution. It is possible and we can help! Please contact us to schedule a confidential meeting and let us, help you, help yourself!  

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Again the BIG REMINDER! Beware of the SCAMS out there. If it sounds too good to be true, it probably is!   Don’t give anyone any money up front for a Loan Modification. Watch out for the Forensic Loan Audits and Check for Securities. They rarely work and are very costly! if you do short sale your home be sure to use an experienced short sale Real Estate professional. Short Sale transactions can be exteremely complex and you don’t want to take chances with a failed transaction due to inexperience. Short Sales can be tough enough as it is.

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Have a great week!

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Pete@ExtremeShortSale.com

Matt@ExtremeShortSale.com

Welcome to ExtremeShortSale.com!

Today Certified Distressed Property Expert, Matt Gregory continues our series on short sale myths. Matt is an active Santa Clarita real estate professional here in Santa Clarita and the Greater Los Angeles area. Watch the video and read below to learn more about Santa Clarita short sales and please contact us with any questions. We welcome any comments and would like your participation.

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Myth #3 – There is Not Enough Time to Negotiate a Short Sale Before My Foreclosure

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This is a myth that probably hurts homeowners the most. Many don’t realize that foreclosure is a process, and that there is time to make decisions that may result in better outcomes.

We recently had a foreclosure postponed 24 hours before the scheduled date! We don’t like, nor do we recommend waiting until the last minute but it can be done. Today, many lenders will agree to a foreclosure postponement with an honest phone call explaining that there is a vigilant effort being made to sell the home.  Most all lenders will agree to a postponement, even numerous times, as long as they have a legitimate sales contract in hand. Most lenders and experienced real estate professionals understand there is time available until the foreclosure process is complete!

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Remember, most homeowners don’t understand that they have other options besides foreclosure! They seem to know about these almost worthless loan modifications but know little about short sales. The short sale should cost the homeowner nothing. this is one of the main reasons that seven out of ten people that experience foreclosure never even contact an agent. One of the main reasons for this is because they think it’s not possible because they’re to far upside down or, they would have to pay the real estate broker fees with money they don’t have.

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REMINDER: Watch out for those scam artist out there. They’re just waiting to take advantage of those folks that are experiencing financial difficulties in these tough economic times. Take a look at our other posts to learn more but the main thing to remember is; If it sounds to good to be true it probably is!. Don’t give anyone any money up front for a loan mod. Avoid forensic loan audits and securities checks. if you decide to short sale your home be sure use a real estate agent that is highly experienced with short sale transactions. Your Santa Clarita Short Sale Expert is Matt Gregory. Contact him and his team today!

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Pete@ExtremeShortSale.com

Matt@ExtremeShortSale.com

661-290-3735

Good afternoon and Happy Friday! Today, Certified Distressed Property Expert Matt Gregory, continues our series on Short Sale myths. Most people think you must be behind on your mortgage to short sale your home. Surprisingly enough, it’s just not true! Take a look at the video and read below to find out more.

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Hello and welcome back to this extreme Santa Clarita short sale world. This blog post is a follow up from last weeks short sale myth #1. As you know short sales make up 40% of our current active real estate market in the Santa Clarita Valley. With so many questions regarding short sales, I thought I would provide everyone with some short sale myths provided by the Certified Distressed Property Institute.

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Here is Santa Clarita Short Sale Myth Number Two

YOU MUST BE BEHIND ON YOUR MORTGAGE TO NEGOTIATE A SHORT SALE.

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This has proved to be false as today’s lenders are looking for verifiable hardship, monthly cash flow shortage, or pending shortfall and insolvency.

If you meet these three requirements and believe that you soon may be unable to afford your mortgage, act immediately. Any delay could limit your options. Do not wait until the countdown clock to foreclosure has started and you have even less time left.

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This short sale myth is provided by the Certified Distressed Property Institute. If you or anyone you may know might be considering a short sale, please consider contacting a Certified Distressed Property Expert. Agents like Matt Gregory are CDPE certified and have extensive knowledge about the short sale process. Matt can be reached at 661-290-3735 and he offers free confidential consultations for anyone with questions.

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As always, we want to remind everyone to watch out for the SCAMS out there. In times of financial distress we always have those predators out there taking advantage of others. Remember, if it sounds to good to be true, it probably is! Don’t give anyone any money up front for a loan modification. If you do end up short selling your home be sure to use a Real Estate Agent experienced in short sales. Make sure that agent is an expert in negotiating short sales or teams up with an experienced short sale negotiator. A short sale should cost the homeowner nothing. It’s FREE to the homeowner and the broker commissions are paid by the lender! Watch out for those Forensic Loan Audits. They rarely result in anything substantial enough to be helpful and can cost $3,000. to $5,000. Just BE CAREFUL!

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You are welcome to contact us for a free consultation. We’d love to help you explore your options and find a solution.

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Have a Great Weekend!

Pete@ExtremeShortSale.com

Matt@ExtremeShortSale.com

Good Morning to all!

I’m Pete Gregory with ExtremeShortSale.com and I’m here today to write & talk about Distressed Properties, along with other other related topics. We welcome your comments and would love to hear comments from all. Just keep it Honest, Keep it Clean & NO SPAM. We want to help others and any knowledge we gain will benefit everyone.

We’re now a third of the way through 2010 and it’s time to assess where we’re at here in Southern California with Short Sales & Foreclosures. As we predicted, short sales and foreclosures make up much of the real estate market. Standard home sales are far and few between so we’re still focusing on Short Sales. As planned, we continue to help our clients to successfully short sell their homes. Short Sales are not getting any easier, Loan Mods continue to be a joke. The statistics have not changed!! As usual when people are hurting financially there’s always the SCAMS out there offering something too good to be true. Do not give anyone any money up front to help you with your Loan Modification. We’ll help you with it for free. That’s right, I said FREE! If you explore your options with us and we find that your best option is to apply for a loan mod, we’ll help you with that for FREE!

Forget the Loan Audits! If it sounds to good to be true, it probably is! You will pay someone $3000.00 to $5,000.00 to do an audit for you and you only have a 5% chance of them finding something substantial enough to help you out!! These banks have been writing loan docs forever so don’t expect them to make many errors substantial enough to be of benefit for you! You know in your heart this is not the way out!!

Certified Distressed Property Expert Matt Gregory leads our Keller Williams, ExtremeShortSale.com team. I’m Pete Gregory, Matt’s Dad and and Matt’s primary back up and support.  We specialize in short sales and Matt is highly experienced in closing these transactions. If you’re struggling with your mortgage, we want to help! Yes! If we sell your home for you we’ll make money, but what we want to do first is HELP! Contact us for a confidential appointment and we’ll help you to explore your options. If that does not result in any immediate business for us, great. We primarily want to first help you stay in your home and avoid foreclosure if at all possible. The problem is that we all have a hard time recognizing our true financial position due to our emotional state, because we’re hardwired to “protect our castle”. Many times it’s best to explain your financial position to an outside party and that person can help you see your true situation.

Let us help you help your self! Avoid the pitfalls! Avoid the SCAMS! See the TRUTH!

We want to help!

Pete@ExtremeShortSale.com

Matt Gregory of Keller Williams Realty and ExtremeShortSale.com, interviews Mike Ferrantino, a top Bank Negotiator with Access Loss Mitigation. They discuss the advantages of using an experienced and well connected third party negotiator to work with your lender and CLOSE YOUR REAL ESTATE DEAL! Matt & Pete Gregory of Keller Williams Realty and authors of ExtremeShortSale.com, almost always use an expert third party Bank Negotiator to help get the deal done! Our first choice is Mike Ferrantino & Access Loss Mitigation. If you’ve got Extreme Mortgage Problems you need help NOW! The expert Real Estate short sale team consisting of Matt Gregory’s, Gregory Group along with Mike Ferrantino’s, Access Loss Mitigation. Contact us and we’ll help you short sell your home NOW! You pay nothing!! It’s FREE to the homeowner!

Real Estate Broker Matt Gregory, a top agent for Keller Williams VIP Properties in Santa Clarita, Califormia is an experienced and “Certified Distressed Property Expert” He has plenty of experience and has closed many short sale type Real Estate Transactions. Matt & his team have successfully helped their clients complete their short sale transactions by teaming up with expert negotiators like Access Loss Mitigation. We’re presently working on several transactions with Access Loss Mitigation and find them to be a major factor to our success. We all know that lenders can be difficult to work with and negotiating a short sale is extremely time consuming business. It takes someone experienced to work with the homeowner, submit the package & follow up with the many phone calls necessary to complete a transaction. We’ll cover what’s needed from the homeowner for that submittal package in a later post but for now,  just know this! If the package submitted to the lender is not perfect it may not even be looked at by your lender!! You submit your offer package, you wait for a response and nothing happens! Finally you contact your lender a month later, only to find out you’re missing some piece of critical information the bank needs, to even consider your offer!! This is a very common occurance, so it’s critical to have a great negotiator in your court to help address the hidden pitfalls close the deal!!

If you’re struggling & upside down with your mortgage and want to explore your options, please let us help you! Contact us and we’ll set up a confidential meeting or phone call to help you explore your options and find a solution. If it turns out a loan modification is right for you, we’ll be glad to help. If short selling your home is the solution, you have the experts right here to handle everything for you. Stop stressing and worrying & give yourself a break!

Extremeshortsales.com highly recommends ALM. Access Loss Mitigation or ALM is a national leader in the field of loss mitigation. Their expert loss mitigation specialists are highly trained and throughly knowledgeable in every aspect of this often complicated process. Visit their website at www.accesslossmitigation for more information.

Have a Great Day!

Matt & Pete Gregory

Keller Williams Realty & ExtremeShortSale.com