Short sale, Cash Buyer, Owner Will Carry Financing Sales, Retirement Income Sales, Exit Sales, Assumable Loans and Financing, Assumptions, Distress Properties, Fixers, Foreclosures, Partial Ownership Sales, % Ownership Sales, Fractional Ownership Sale
Short sale Listings, REO, Fixers, Short Sale Properties, Government Short Sales Guidelines
To list and sell Short sale homes, REO, Fixers, please call me , or if you looking for Short Sale Properties, REO, Fixers, to buy , please call and email me for a full list of Short Sale Homes, REO, Fixers for Sale ...
Government Short Sales Guidelines
The U.S. Treasury Department announced new guidelines this week designed short sales go more smoothly.
To qualify under these new guidelines:
* The property must be the home owner's principal residence.
* The home owner must be delinquent on the mortgage or close to defaulting.
* The loan must have been made before Jan.1 2009, and be for less than $729,750.
* The borrowers' total monthly mortgage payment must exceed 31 percent of their before-tax income.
Under the plan, borrowers will receive $1,500 from the government for selling homes for less than the amount of their mortgages. Mortgages-servicing companies will get $1,000 for each completed short sale. Second-mortgage holders can receive up to $3,000 of the sales proceeds in exchange for releasing their liens. Investors who hold the first mortgage can collect up to $1,000 from the government for allowing the payments.
Borrowers who complete a short sale under the program must be "fully released" from future liability for the debt, according to the guidelines.
Source: Associated Press, J.W. Elphinstone(11/01/2009)and The Wall Street Journal, Ruth Simon(11/01/2009)
Please verify all info independetly, as always with a third party information ..
John's Video Presentation of " How can we help YOU ! "
With great experience in all cities of San Gabriel Valley , especialy in Monrovia, Arcadia, Bradbury, San Marino, Pasadena, Altadena, La Canada, La Crescenta and other community real estate as well as intimate local area knowledge, I work extensively to help buyers and sellers meet their real estate goals.
# Multiple Listing Service (MLS) homes, commercial, land, business, leases for sale
# Open House Listings
# Local market price reports area specific
# Comparable home sales reports property specific
# School performance rankings of California Department of Education
# FBI crime reports and Neighborhood U.S. census data
John's Video Presentation of " How can we help YOU ! " - click here [2268kB]
Subprime Mortgage mess explanation in PPS presentation
Sub prime Mortgage mess explanation in PPS presentation ... a joke for some , a hard reality for others !
Warning … the language and expressions in this presentation are very vulgar to some viewers, ... we do not appreciate the abrasive language .. But it gets the precise point a cross … !
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Subprime Mortgage mess Explanation [2679kB]
Cash Buyer, Owner Will Carry Financing Sales, Retirement Income Sales, Exit Sales, Assumptions, Distress Properties, Fixers, Foreclosures, Partial Ownership Sales
I would appreciate your email, call , if you also :
want full spectrum real estate broker,agent , want real estate investment advisor, want advise on real estate investing, want real estate investment specialist, want broker & agent serving the full spectrum of real estate , want to build maximum cash flow and get higher returns,
I offer $500 - $1000 closing cost credit incentive per transaction or unit to qualified buyers and sellers , Please contact me for more details .
John Vostenak, broker
My Direct Office Phone : 1-626-677-3244
CASH BUYER and Short Escrows :
Private quity, Private money, Private capital , Cash Firm, Alpha Investment Group LLC ( AIG LLC)
If you want to Sell for cash . OWC, We want to buy Real Estate, Houses, Homes, Income Units, Rental Units , Commercial, Industrial, Raw Land, Improved Lots, Acreage, Acres, Lots for Development, Land for Development.
We purchase, buy for Cash, OWC: in Southern California Areas, Cities.
We purchase, buy : for Cash, OWC, Owner Will Carry Financing Sales , Retirement Income Sales, Exit Sales, Assumable Loans and Financing, Assumptions, Cash Out Sales , Quick Cash Sales, Partial Ownership Sales, Fractional Ownership Sale , % Ownership Sales, Percentile Ownership Sales, Foreclosures, Fixer Property, Heavy Fixers, Distress Properties, Preforeclosure, Pre foreclosures, Bankruptcies, Tax Liens Properties, Must Sell Properties.
WE are very flexible with the terms of the sale, and WE will pay YOU top adjusted market price!
If need to, We can make a quick escrow, rent back, pay cash, or make YOU direct payments, buy it in “as is condition”, no repairs needed, no termite work needed, we may pay even all closing cost, or any other reasonable condition.
Most distress properties become available due to divorce, unemployment, death and illness.
Many homeowners who are unable to maintain their mortgage payments will sell before the lender's foreclosure sale.
We are here to help YOU with creative and working solutions to your problems, and or your Estate & Retirement Plans !
Please contact Our Agent John Vostenak :
For More Info Please Call : 1-626-408-2266