(Hope For Homeowners)

Posted under Real Estate And Your Future by Steven Barchetti

The first phase is listing and marketing the property.

About 70% of sellers don’t make it past this first phase successfully because very few real estate agents really know how to sell homes in a tough market.

Expired listing rates in San Diego have soared since the market collapsed.

Unfortunately, when you realize your agent isn’t getting the job done…it’s too late.

The bank has already started the foreclosure process and the typical agent doesn’t know how to stop it.

Most real estate agents will lose your home to foreclosure during this time, even so-called top agents.

Did you know most homeowners who are losing their homes to foreclosure actually have them listed with real estate agents claiming to be able to do short sales but have never actually done one?

And now these agents are even attempting to do loan modifications with no real experience at these either.

The second important phase is negotiating the sale and managing escrow.

It’s critical here to negotiate an offer with the buyer your lender will approve.

Sadly, more than 90% or more of real estate agents lack this single most important skill; creating an offer your lender will accept and approve.

When an agent who is an amateur at short sales brings your bank a poorly written offer the bank will reject it.

That’s bad, but here’s something worse…

It usually takes months for the bank to do this. And of course, by then it’s simply too late to do something about it.

By then you’ve most likely lost your buyer and the bank has filed the NOD and started foreclosure on your home.

This happens all the time because, again, most of the agents in the business today don’t know how to list and market homes properly, document their efforts, prepare thorough BPO’s (broker price opinions) and negotiate tight strong contracts.

And the lenders know it and hates it.

But a true expert at short sales, a pro, knows how to do all of these critical tasks perfectly and ultimately get an approval on your short sale.

And the banks love it.

OK. So by now, you’ve probably realized it’s just plain dangerous to hire a new agent to do a real estate short sale.

The truth is selling homes is a lot more difficult in a market like the one we’re in now.

You need a professional who will give your home and family the attention they deserve.

So be careful who you hire for a short sale, they may not be as successful at doing real estate short sales as you might think.

You really need a real estate professional who has a Legal Team Working with them!

The third and final stage involves the actual lender negotiations.

You’ll need a trained negotiator with a strong background in banking and loan underwriting.

The skills required to negotiate with a lender are completely different from the skills required to sell your home.

Therefore, even real estate professionals who are able to sell your home don’t usually know how to communicate with banks and show them the advantages of doing a short sale. Even if they do, they simply don’t have the time to do it right.

Click below video to watch!

The person handling the lender negotiations, in this critical and final phase, must be at a desk, near a phone, with your file nearby…all the time.

We have a loss mitigation department that is on our Team! We speak the banks Language and work out a deal that is in everyones best interest.

It’s bad enough that you have lost equity in your home but we can get you out from under the debt and settle with the lender so the difference is not put against you like in a Foreclosure process!

Call me and lets talk about solutions for you and your family!

How To Contact

Steven Barchetti

Your Real Estate Authority!

(Corporate Office)

Villa Group

619-630-8747

Email: Steven @ Steven Barchetti dot com

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