IT’S THE END OF THE WORLD ?????

                                                                                                        

 

If you read a lot of articles in our local newpapers (you shoudn’t), but if you do or you watch the news (you shouldn’t) but if you do. I am sure you are hearing all kinds of crazy zanny crap about how it’s the end of the world in Real Estate. Please do not buy into this crap. As most of you know other than owning Orlando Shortsale I am a Real Estate and Life Coach. I talk to students eveyday who are buying into this IT”S THE END OF THE WORLD !!!!!!! crap.

It is not the end of the world. Here is the reality. Please take some time and read this post everytime you start feeling like IT”S THE END OF THE WORLD. It is not the end of the world in real estate. We are adjusting to abnormal growth in the market place, ridiculous growth, and historically low interest rates. We are experiencing the after effects of an unbelievable upswing in the real estate market, we are adjusting, we are becoming normal again, THAT’S IT…….. All of the major real estate players have been telling us this was comming, SO NOW WHAT.

For Real Estate Agents – look for what the market is willing to give you. Become really great at doing short sale, selling properties as contract for deed, lease options, understand the REO process in and out. Get up early each day and PROSPECT for new business, become a SUPERSTAR at prequalifying buyers and sellers and lastly, be Johnny on the spot when working with Buyers.  YOU WILL BE FIND IF YOU DO THESE THINGS. 

For Home Sellers – You must understand the reality of this marketplace. Let me summorize it like this, if the stock market was tanking, I mean really going down, do you want to be the first one out of a stock at $ 50.00 per share or the last one out at $ 3.00 per share. If you can hold onto your property for 3-5 five years don’t put yourself through the wringer trying to get a property sold. If you have to absolutely have to get the property sold, price it to sell, make sure the property is in tip top shape and get out of the way.

For Home Buyers - Look for and purchase the home that you love at the price you want. Do not go around looking for the STEALS – they have alreay been STOLEN. Look for a property at a price that you can afford and make a committment to live there for three years. If you do you will be find. There are great opportunities in Central Florida. Do not make the homebuying process a disaster because you want to buy at $ 300,000 home for $ 150,000 – that deal does not exist and if it did, the bank sold it wholesale and you never had a shot at it anyway. Be realistic, enjoy the process and celebrate you are starting the next chapter of your life.

For the homeseller who has zero equity and is losing their home to foreclosure – Ok, I am going to start by saying, You are not alone. 1 out of every 35 homes in Central Florida is in foreclosure status of some sort. (fact). Second, I absolutely hate that you are going through this and I hope you believe me. I understand and feel for you and your situation. If I may say, You were never defined by your home or where you lived. You were and are defined by the person you are. You are still a great Mom or Dad, Son or Daughter, Friend or Neighbor, No home or loss of one can give that to you or take that away from you. Please hear me on that. In some cases you do not have to lose your house there are several options, so if you are just waiting for the bank to foreclose and have walked away, please give us a call at Orlando ShortSale or email us. Here is how you can contact us by phone 321 388 7055 or by email orlandoshortsale@gmail.com.

 

To all of you that read this blog thank you and I will see you next time.

Dan – Orlandoshortsale Team

 

 

New Florida Law is on Orlando Shortsales side !!!

The Governor of Florida Charlie Christ signed a bill into law this week that now makes foreclosure rescue scams illegal, about time. We at Orlando Shortsale thank the members of the Florida House and Senate for getting together to help prevent homeowners from getting scammed. Read below.

If you haven’t noticed there are more and more foreclosure happening in Central Florida every day. That means more and more people are losing their piece of the American Dream, more and more families need real information to make informed decisions on how to proceed with their lives.

Here in Central Florida just like in any other market at any other time when good hard working families are hurting and in need of help there are those that are willing to step up and help from a position of service and there are the wolves in sheep’s clothing.  The wolves in this case are investor pretending to be foreclosure assistance, foreclosure avoidance, and foreclosure rescue groups. These groups are simply investors with one goal in mind, control this person’s property so they (the investor) can profit from the seller’s mortgage problems. These investors prey on these unsuspecting sellers with tag line and mistruths like, I will buy your house in 10 days cash, foreclosure rescue services and more. When the seller meets with the investor the investor has the seller sign a lot of confusing information to be part of the program. In most cases the investor has the seller file out a Short Sale package, that is normal, but here is the catch they also seek to control the property in some form by having them sign one of the following, a deed (transfers ownership) a contract with an assignable clause and long closing date or a Power of Attorney (giving the investor unlimited power of the property). Most Sellers sign these forms without looking at them because they are so desperate for help they will do anything to keep their home or keep their home from being foreclosed. 

So here is what happens next the investor now takes control of the property on paper. The investor contacts the mortgage company for the Seller and makes a BS offer. The investor gets the lender to accept whatever offer they can let’s say $ 175,000.00. The investor then goes out and attempts to sell the property for $ 200,000.00 – $ 190,000.00 to a retail buyer. Here is the problem, the investor is not doing what is best for the Seller the Investor is doing what is best for him and if the Investor does not get what he wants out of the house, he simply walks away from the property and lets it go into foreclosure all the while the Seller thinks they have sold or are selling the property to this Investor or the Investor is working hard on their side.

This technique is something I call the spread technique. It is commonly used by Investors and some Crappy Real Estate Agents. If anyone tells you they are helping you or they want to buy your property do not sign any deeds, power of attorneys, or contracts with that person without speaking with an Attorney or at a minimum a real estate agent first. You will find that most investors do not want a real estate agent involved because they will smell a rat and kill the deal, it has nothing to do with the commission, and seriously the lender pays that anyway.

At Orlando Shortsale we are committed to helping good hard working families that need real unbiased information about what to do when they can not longer make their payments, they owe more than what the property is worth or they just want some straight forward information in a very strange real estate market. We will never ask a seller to sign a deed, power of attorney, or  a purchase contract.

If you need our assistance here in Central Florida and you would like to schedule a free confidential consultation please feel free to call us at 321 388 7055 or email orlandoshortsale@gmail.com

 

 

 

Investors Looking for Great Deals work with experience Short Sale Agents..

Investors are looking for great deals. Here are the plain and simple facts most real estate agents have no clue how to do a short sale and have never received any formal training. If you are looking for a great real estate deal call the agents at Orlando Shortsale. Not only do we help Borrowers get their homes sold and out of trouble but we are also able to help investors find the great deals, THIS IS A WIN – WIN. More importantly the transaction is never about us. We do not take deeds or power of attorneys. We do not get in the way either, we simply help sellers sell and buyers buy.

 

If you need my assistance in either way please feel free to contact us, admin@dangrieb.com
Thank you for viewing my post.

 

Orlando Shortsale

Borrowers have options, whether they know it or not?

 

Short sale, Forbearance Agreements, Rate and Term Adjustments, Deed in Lieu of Foreclosure and more options are available whether you know it or not. You no longer have to live in fear. You no longer have to live in a world of uncertainty. As an organization our number one goal is to minimize the damage this terrible real estate market is doing to families.
Here are the options.

Short Sale- When the lender agrees to accept less money on the sale of a home then it is actually worth. This is used when a borrower can no longer afford the home and has no equity. The borrower is in a situation where they can either sell or be foreclosed on.

Forebearance Agreement – When a lender agrees to forebear the missed mortgage payments, in other words add them to the back of the loan and allow the borrower to start their payments over. This is used when the borrower had a temporary hardship in which they fall behind on their payments. The borrower can make the payments month to month however they cannot make the lump sum payment of the back payments.  This is an excellent alternative to foreclosure.  

Rate and Term Adjustment – When the lender agrees to adjust the borrowers rate or terms of the mortgage making the payments more affordable. When the payments go up and the borrower can no longer afford the payments this is a great alternative to walking away and allowing a foreclosures. The lender can either adjust the rate or extend the terms.

Deed in Lieu or Foreclosure- The lender agrees to allow the borrower to deed the proeprty back to them and stop the foreclosure proceedings.

Orlando Shortsale is here to assist borrowers with their options. It has been our experience that borrowers either are unaware of their rights, bullied by their lender or tricked by investors into making decisions with out represenation. Those days are over for more information email us at orlandoshortsale@gmail.com

 

Orlando Shortsale – We Will Be Making WAVES !!!!!

After many weeks of planning, thinking, praying and worrying now we have made the move. On Friday, May 23, 2008 Orlando Shortsale goes live. In business they say if you want to effect change or start a new business look for a void in the marketplace, look for where you can help at the highest level. I truely think we have found the void.

Here is the VOID – Plain and Simple people in Orlando are hurting.  Foreclosures are hitting Orlando and the surounding Cities like a mass tidal wave hitting the shore. People are being swept away, dreams are being lost, families are being torn apart, and oh YEY homes are being lost, enough is enough. These people are people they have souls, dreams, hearts, and it appears that they have no one to turn to. I simply cannot stand by any longer and watch this happen. Here is the void, lack of reliable impartial assistance to hurting families.

The Solution, Orlando Shortsale. OSS is a group or Real Estate Agents, Foreclosure Attorneys, Bankrupcy Attorneys, Certified Public Accountants, and Lenders who together have committed to helping families in need.

 We will no longer stand by and allow families that want and need help to be victimized by the system, investors or ruthless lenders. We will stand in the gap and force the institution to do the right thing. Stand by I can assure you WE WILL BE MAKING WAVES.

If you have any questions or need any assistance please feel free to contact us, orlandoshortsale@gmail.com

 

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