short sale

Determination and Commitment

by kevinjones May 16, 2014 Escrow

Determination and Commitment, Realty Professionals 805-473-0300. What do you look for in an agent or company? Determination and Commitment should be up near the top of the list. While other agents would not want to take a listing under $100,000 that is a Short Sale, has a leaky roof, black mold and a dozen cars …

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Time on Short Sales

by kevinjones January 15, 2013 Latest News

Time on Short Sales. Realty Professionals. 805-474-7040. How much time is spent on Short Sales? Sometimes (rarely) they move along very quickly and swiftly, many times it is like pulling teeth to get one or more components together and getting the ducks in a row for closing. Here is a great example, Bank of America …

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Short Sale with 2nd Trust Deed and Bankruptcy

by kevinjones January 10, 2013 Short Sales

Short Sale, Realty Professionals 805-474-7040 Short Sale with 2nd Trust Deed and Bankruptcy, by Kevin Jones. Are you considering selling your home as a Short Sale? Do you have a first and second mortgage? Many people do, several also file for Bankruptcy to eliminate debt and responsibility to the creditors. So here is a scenario, …

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Short Sales and SB 458

by kevinjones January 9, 2013 Short Sales

Short Sales and SB 458. Realty Professionals 805-474-7040. SB 458 ( July 15,2011) protects homeowners that successfully negotiate a short sale of their property from a deficiency judgment by the lien holder. A short sale occurs when a homeowner who owes more than what the property is worth and sells their home for less …

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Short Sale Scams … What to look for

by kevinjones October 4, 2012 Short Sales

Realty Professionals 805-474-7040 If you are a Homeowner and considering selling your home throught he Short Sale process you may be susceptible to one of several “Predatory Rescue Scams” which may cost you money with absolutely no results. Some of the results may include the loss of the home entirely, financial loss, or possibly involve …

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Read this before Doing a Short Sale!

by kevinjones October 2, 2012 Short Sales

Realty Professionals 805-474-7040 Read This Before Doing a Short Sale! Are you aware that there are many types of liens and other obligations that are secured by Real Estate or Real Property? There are Purchase Loans, Refi loans (which have different consequences based on situation), Home Equity Lines of Credit (HELOC), Contractor Liens, IRS Tax …

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What is a Short Sale?

by kevinjones October 2, 2012 Short Sales

Realty Professionals 805-474-7040 What is a Short Sale? A short sale is the sale of real property that the sales price is not enough to pay off the current loan(s) or other obligations that are recorded against the property that also includes the sellers costs if the seller(s) are not able to pay the difference …

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Need a Short Sale Expert?

by kevinjones October 2, 2012 Latest News

Realty Professionals 805-474-7040 Need a Short Sale Expert? Kevin Jones, Broker and Owner of Realty Professionals in Pismo Beach has been doing Short Sales since 1994. Back then they called them Short Pays, which actually make more sense because the Bank gets “Paid” Less or Short of what is owed them. This cycle they were …

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Bank of America Short Sales and Electronic Signatures

by kevinjones October 2, 2012 Short Sales

Realty Professionals 805-474-7040 Bank of America Short Sales and Electronic Signatures. There has been a lot of talk recently about Bank of America and accepting electronic signatures so with our two newest inputs to the Equator system we submitted the e-Sign forms with the Short Sale packages to be informed today that they acknowledge the …

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Bank of America Short Sale – Buyer Disclosure

by kevinjones September 26, 2012 Short Sales

Realty Professionals 805-474-7040 Bank of America Short Sale, Buyer Disclosure form. Here is the wording from the form that all Buyers of a Bank of America Short Sale must sign for the transaction to progress. It goes over who is prohibited from buying the property and certifies that you do not fall into one of …

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