Extreme Short Sale

Happy Thanksgiving, Good Afternoon and welcome to ExtremeShortSale.com! Here is a quick market update for the Saugus real estate market in the Santa Clarita Valley from Santa Clarita Short Sale Expert, Matt Gregory of the Gregory Real Estate Group

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Matt Gregory of the Gregory Real Estate Group is a top Keller Williams agent & very active in the San Fernando Valley & Santa Clarita Real Estate market. Matt  is highly experienced in Santa Clarita Short Sales and is a Certified Distressed Property Expert. The goal is always to help our clients avoid foreclosure and save their home, if desired and if it makes financial sense. Matt will help to analyze any possible loan modification so you can decide if a loan Modification is right for you. If there’s no way a loan modification will work, Matt can help you avoid foreclosure and short sale your home.

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As promised, here’s the Santa Clarita Short Sale Update for Saugus, CA, by Matt Gregory:

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Hello Everyone and Happy Thanksgiving from the Gregory Real Estate Group at Keller Williams. I just wanted to give you a brief Santa Clarita short sale market update for the Saugus community. Right now, there are 195 active homes for sale in Saugus ranging from a two bedroom town home for 115k all the way up to a 2.5 million dollar twenty acre ranch down San Francisquito Canyon. 96 of these homes are short sales seeking bank approval. This means that 49% of homes for sale in Saugus are short sales. The Saugus real estate market has seen 486 homes change ownership so far in 2010. 143 of these homes were short sales that successfully received bank approval. That means that 29% of homes that have sold in Saugus this year have been short sales.

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I hope you found this information helpful. For any real estate questions please feel free to contact Matt Gregory at 661-713-4799. I will be glad to help you with any of your real estate needs. Happy Thanksgiving!

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Avoid Foreclosure! We can assist you with your loan modification analysis and possibly save your mortgage and your home! If not, we can professionally handle your Short Sale and allow you the best chance to successfully close your sale and look forward to a brighter financial future . 

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Please remember to avoid those TOO GOOD TO BE TRUE, SCAMS. Unfortunately, there are people in our world taking advantage of others that are struggling with their finances and mortgages. You can see our other posts regarding this subject but we suggest avoiding those Forensic Loan Audits and Check for Securities. They can be very expensive and rarely yield any significant results. NEVER give anyone any money up for a loan modification. If you plan to enter into a Santa Clarita short Sale transaction it’s critical to be represented by a real estate agent that is an expert in short sales. These transactions are becoming more and more complex and there’s absolutely no reason to take a chance with an inexperienced real estate agent. this problem can be easily solved byt contacting Matt Gregory, today!  Just remember the old adage: If it sounds too good to be true, it probably is!! 

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As always please feel free to contact me with any and all real estate needs. You may contact me by clicking here or at my personal cell phone at 661-713-4799. 

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Pete@ExtremeShortSale.com 661-406-2959

Matt@ExtremeShortSale.com 661-713-4799

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 to all!

Today, Certified Distressed Property Expert Matt Gregory interviews Chicago Title Account Manager, Derrick Le Blanc. They discuss how a short sale transaction affects the process of clearing title during the escrow process. Watch the video and read below to learn about short sales and title issues.

Guess what? There are no added title clearance issues or difficulties associated with a short sale transaction! As we’ve mentioned before, once the seller receives their approval letter from their lender the mechanics or a short sale transaction progresses as a normal real estate transaction. This holds true for the process involved in clearing title as well. The process is the same as any other real estate transaction. This does not mean there will be no problems but there will not be any more problems because it’s a short sale. That’s good news! As always, the key to a successful short sale is doing the work up front in preparing your package to your lender. After that it’s just the waiting and hounding the lender to obtain their response. We all know they are slow to respond and that has not changed much in the last year!

ANNOUNCEMENT!

The FREE Townhall Community Meeting is coming up again this month on Wednesday, May 26th at the Valencia Library from 6:00pm to 7:30pm. there will be a guest speaker & expert panel on hand to answer any questions you might have regarding Loan Modifications, Foreclosures, Short Sales, Cash for Keys, etc. You must contact us in advance to reserve a seat and seating is limited. If your struggling with your mortgage this is a great opportunity to learn about your options and find a solution!

Have a great day! 

pete@ExtremeShortSale.com

Good Afternoon and Happy Friday!

If you’re struggling with your mortgage and thinking about short selling your home there’s much to learn! The most inportant factor in determining the success or failure of your deal may be the contents and proper submittal of your package to your lender. We at ExtremeShortSale.com provide this information in an effort to help those folks that find themselves in difficult financial situations to find a suitable solution to their problem. You have options and there are solutions. Watch the video and read below and please contact us with any questions.

Today Certified Distressed Property Expert, Matt Gregory discusses the importance of the actual short sale package submittal. the success or failure of most short sale transactions are determined in the first 30 days. Once you’ve received your offer you need to have your lender submittal package ready to go so it can be sent to your lender along with the offer. It’s absolutely critical that the package contain all the information your lender might require. The various lenders may require slightly different documentation but here’s what’s needed to start with. At the very least, you’ll need bank statements, tax returns, mortgage statements, hardship letter, employment status, etc. Virtually everything you would provide to obtain a new loan may be required when submitting this package. By the way, you must get this info to your agent or negotiator just as fast as you can after your home is listed! Do not delay in compiling this information!  It’s critical you hire an experienced Real Estate Agent that specializes in short sales. It is also critical that your agent use an experienced bank negotiator to handle this process. This should be outsourced or the negotiator should be a member of the agents staff. Most agents are not bank negotiators and it’s critical you find out before you hire your realtor how they intend to negotiate your deal. If this package is not submitted in a complete and professional manner the odds of your success go down!! Beware!

As always, please avoid those scams out there! Remember, if it sounds to good to be true, it probably is! Never pay anyone any money up front to help you with your loan modification. Loan Modifications rarely work. Forget those Forensic Loan audits! Don’t allow yourself to be taken advantage of during these difficult times!! Contact us for a free consultation and we’ll help you explore your options and find your solutions. We want to help you help yourself. Don’t despair! We’ll help if you let us!

Pete & Matt Gregory

ExtremeShortSale.com

pete@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

Good Morning and welcome to ExtremeShortSale.com! In the video below you will see Matt Gregory, a Certified Distressed Property Expert, discuss Loan Modifications at one of his short sale home listings in Santa Clarita, CA. If you’d like more information about the home please contact us and we’ll be happy to set up a private viewing just for you. If you’d like to see some other properties we have available go to mattsellsscv.com 

The mortgage history of the home where Matt’s making the video above, is a very common occurance as far as loan modifications go. The homeowner was one of the lucky 4% that actually received a loan modification and it lasted one year before he defaulted. As many of you know, most folks who receive loan mods end up defaulting within the first year! the actual percentage is 67%. Yes that’s right! 67% of those lucky people who actually receive loan mods end up defaulting within the first year. One of the reasons the percentage is so high is because a loan modification is not right for most mortgages. It’s an ok solution for those that only had a temporary problem such as illness or loss of job. It’s not for those that are way upside down on their loans or those that can’t make their monthly payments. The reason so many are turning to loan mods is because that’s all we’re hearing or reading from the MAIN STREAM MEDIA and paid advertising! It’s one way the lenders can get a little more money out of the borrower before the loan defaults! They suck you dry and then they default the loan!! This just makes me sick! I’ll tell you right now, the solution for most people is not a loan modification!! The real solution is probably a SHORT SALE!! here’s an offer you can’t refuse! Contact the team here at ExtremeShortSale.com and we’ll help you explore your options for FREE! If your best option is a loan modification, we’ll help you with it for FREE. As always, with any loan modification or short sale, the submittal package to your bank is critical!! If it’s not right your package will be filed away and never seen again. Don’t expect the courtesy of a phone call or e mail either! You can expect to spend many hours and days trying to contact them only to find out a month later that you must re-submit! Matt Gregory uses a professional negotiator for all their short sales and if you list your home with us, it’s FREE!! FREE!FREE!

PLEASE, PLEASE, PLEASE do not pay money to anyone up front for a loan modification. Beware of the SCAMS and if it sounds to good to be true it probably is! By the way, don’t count on the whole business about a Forensic Loan Audit or a Check for Securities Violations. They cost $3000.00 to $5,000.00 and there’s less than a 5% chance of finding anything significant enough to help your cause. Let us help you, help yourself! That’s what we’re here for!

Matt & Pete Gregory

Keller Williams Realty

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