Posts Tagged ‘foreclosure’

An Introduction to Group 4610

Short Sale Power Hour

In case you have not met them yet, let me to  present the founding fathers of Group 4610, Kevin  Kaufman and Fred Weaver. Group 4610 has been in  business since February of 2008 and in that time  they have helped hundreds of people evade  foreclosure.
It is something that they are very proud of, but  even more than that, they are proud of the reality that  they have closed 90 percent of all of their short  sale listings going back to 2008. With the industry  average hanging between 20 and 50 percent, that  statistic alone is incredible.
One of the comments that they get from many citizens  is how they manage to secure such a high rate of  short sales while the industry as a whole doesn’t do  as admirably.
The quick reply is modestly explained in 3  points. First of all, Kevin and Fred have a triumphant  mindset. That mindset gives them a enthusiasm to  never give up and battle to the top, even if that  includes calling the CEO of a lender on his cell  phone. The second point is that Fred and Kevin have  surrounded themselves with remarkable staff and  team members. This is vital to handling  the tiny  parts of a short sale that need to be micromanaged.  The third motive is that Kevin and Fred have bank  experience. This has given them the capacity to  recognize the bank attitude and there position.
Fred and Kevin would love the chance to answer  any comments that you may have regarding the short  sale method. Please, take the opportunity to fill  out the request form and make contact with them now.

http://group4610shortsale.com” title=”Arizona Short Sale Specialists Answer Questions”>Short sale FAQs and more.

Get powered up by Kevin and Fred at http://group4610shortsale.com/ title=”An Introduction To Group 4610″>Short Sale Power Hour by the Short Sale Specialists of Arizona

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Chase Short Sale Horror Stories

Short Sale Power Hour

If you haven’t had enough fireworks from the Fred,  Kevin, and Coach Collard, then today’s lesson is  positively for you. The boys are talking about the  practices and procedures of the people at Chase  Bank once more. This episode echoes the special edition  that aired two days ago. So, if you haven’t checked  out the special edition thus far, do that today.
It seems that Fred and Kevin, in an attempt to help  out their clients and the banks, have ruffled some  feathers over at the Chase Bank offices with their  escalation techniques. Those same techniques have  made Fred and Kevin two of the finest short sale  professionals in the nation.
Ironically enough, the guys and gals over at the  Chase Bank offices have selected an interesting  method that basically ignores Fred and Kevin  along with many other short sale professionals. This should  be especially alarming if you carry any investment in  Chase Bank. Choosing to allow these homes to go to  foreclosure instead of taking the loss mitigating  steps to accept short sale transactions is  effectively losing money for any person who holds a  monetary interest in Chase Bank.
While this particular writer doesn’t claim to be an  expert on the internal workings of a lender, or the  fiscal shortcomings that come along with  foreclosure, it would appear this stand of ignorance  displayed by Chase Bank is going to lose them alot  of money. And for what? What drives them to make  such decisions? I can not come to a single commonsense  conclusion as to why Chase would Prefer to lose  money. We can almost certainly classify this choice as a  fantastically bizarre business disaster.
Also, don’t forget to catch Fred and Kevin as they  spew more important information at the Keller  Williams Family Reunion in New Orleans.

http://group4610shortsale.com” title=”Arizona Short Sale Specialists Answer Questions”>Short sale FAQs and more.

Get powered up by Kevin and Fred at http://shortsalepowerhour.com/fd-up-chase-short-sales-short-sale-power-hour-02-12-10/ title=”F’ed Up Chase Short Sales”>Short Sale Power Hour by the Short Sale Specialists of Arizona

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FHA Short Sales A Excitable

Short Sale Power Hour

There are undoubtedly a lot of FHA Short Sales out there.  We have received a lot of questions about FHA  Short Sales lately.  In 2007 and 2008, the substantial  majority of loans written were FHA Loans. 

Since that time, the market has continued to decay. So, as we jump forward into 2010, we will handle  additional short sales from FHA Loans.  The FHA Short Sale  is much more streamlined.  As of right now, that is  a nice thing, but shortly that procedure will be more  difficult.

FHA Short sale works the same as the beginning of  any other short sale procedure.  The variation starts on the lenders side. The lender has to preapprove of  the short sale through the FHA Group.  FHA gives orders to the lender to get an assessment.   Furthermore, they get a four month forebearance.   When the FHA receives the evaluation, they will issue  a preapproval letter if you meet their guidelines.   The short sale procedure still works through a  mediator at the bank.

When you are into the process of a FHA short sale, the  FHA is looking for a minimum net profits that they  are looking to obtain.  At 30 days in, they would  like to get 88% or better.  That ratio lowers  a little as the time period is extended. 

The FHA will also incentivize the seller.  So, when  you get a pre approval letter the bottom right hand  corner of the page says that the seller will receive a  certain quantity of cash if they finish the short  sale in a certain amount of time. 

In conclusion, the FHA Short sale has some different  nuasances that you have to be aware of.  In the near  future, FHA Short sales will be popping up  all over the place.  Train yourself to carry out them.  

http://group4610shortsale.com” title=”Arizona Short Sale Specialists Answer Questions”>Short sale FAQs and more.

Get powered up by Kevin and Fred at http://shortsalepowerhour.com/how-to-guide-fha-short-sales-short-sale-power-hour-12-24-09/ title=”FHA Short Sales”>Short Sale Power Hour by the Short Sale Specialists of Arizona

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