Hi, I am Saul Carter right here with Others Realty. We are considered one of Modesto’s main short sale teams. I needed to talk about cooperative short sales today. I’ve had a couple of purchasers in the past few months come to me and say they had this agent contact them on behalf of their financial institution, whether or not it is Bank of America or GMAC or different banks as well. They want to do a short sale and they’re being prompted by the bank. It is all well and good, the brokers honestly they’re attempting to get extra business and if they will get referrals from banks, more power to them. I’ve one problem with that although, there is a bit of a conflict of interest. If I get all my business from a financial institution, and I am in the middle of a short sale negotiation, and I know that I cannot obtain any more business from that bank if I don’t make it possible for I keep them comfortable, who am I actually representing? Am I representing the seller or am I representing the bank?

Now legally I have a fiduciary responsibility to the seller, which implies I have to act within the seller’s best interest in all things. I should not have a fiduciary responsibility to the bank except after all I have established one through some sort of contract. Either way, that may be a large conflict of interest and I do not assume that you can actually symbolize your seller appropriately and by law if for some purpose you have got some kind of hidden and or disclosed relationship with the financial institution that’s supplying you with referrals for cooperative short sales.

There are different problems with it, but that is really the biggest one. So, for all these individuals on the market who’ve been contacted by an agent, that says they symbolize Bank of America they usually want to do a short sale, be weary of that. It doesn’t mean that that person will not be a great person and may’t do a great job of representing you, simply perceive that they’re coming from a spot where they’ve a conflict of interest. When push comes to shove, who’re they really going to represent? Here is to doing short sales the Others way, where we are considered one of Modesto’s leading short sale teams. When you’ve got any questions on any of this, be at liberty to present us a call at one of many local numbers here or fill out the getting started form. Speak to you soon. Thanks.

For more information on short sales and how to avoid foreclosure, visit the Modesto Short Sale blog or you can also contact the Saul Carter team and get started today.

Hello everyone my name is Saul Carter with Others Realty, your short sale specialist in the Modesto area. My group and I specialise in short sales throughout the Modesto area and I use my weblog to pass along helpful info to assist owners avoid foreclosure. If my weblog is helpful immediately, or if you’re already considering a short sale, take a minute to browse my website for more information or contact me directly to discuss your options.

For my weblog topic as we speak I needed to talk about working on short sales in several parts of Modesto. I began doing short sales within the central valley of Modesto and it’s certainly a very depressed region. This is mainly on account of a scarcity of jobs and high unemployment which are two key reasons for a short sale. Lately I have also been engaged on short sales within the bay area as well. Short sales aren’t all that frequent in the bay area right now and I ran across a whole lot of agents who did not have much of any expertise working on them. Whereas dwelling prices and the economy are doing better in the bay area the lack of knowledge can certainly harm your probabilities of getting a short sale approval. Our group has handled short sales ranging between thirty thousand dollars to six hundred thousand dollars & are prepared to assist any owners in need.

Whether you reside in the central valley or within the bay area ensure that your short sale agent has the experience needed to get your deficiencies waived and the best price for your home. You probably have any questions or want to get started on a short sale file please give me a call to set up a free consultation. Thanks for your time right this moment and I look forward to hearing from you soon at Others Realty of Modesto.

For more information on short sales and how to avoid foreclosure, visit the Modesto Short Sale blog or you can also contact the Saul Carter team and get started today.

Hello, I am Saul Carter right here with Others Realty, one of Modesto’s leading short sale teams. I wished to speak at the moment about one thing that Chase is doing. It is really kind of bizarre but we’ve a short sale that we’ve been working on. The original offer was $179,000 and I initially had the property listed up in the $205,000 range by the time I actually obtained any offers in anyway, I had it all the way down to $175,000. I got a proposal from an investor at $179,000. Over the course of literally four months of negotiating back and forth, Chase appears to consider that the value is at $224,000 and I couldn’t find anyone who was willing to pay over $179,000 once we first got it done. However this purchaser was really engaged, they were willing to help out the seller, they perceive and he’s a health care provider and he’s got some cash or whatever. Over the course of an additional two months of negotiating, we really got them right down to $204,000 and got the buyer as much as $204,000.

Well, after we received the approval letter sent over to us and there’s a $20,000 seller credit in there, which I am undecided how I’m going to clarify that to the buyer and the customer’s agent, however principally Chase has determined that this specific house fits into some category the place they need to do one thing because maybe they really feel like they’ve achieved one thing improper or I’m not really certain why, however they have principally decided that they’re going to give my seller $20,000 to close. It is a short sale and he or she owes $450,000 and so they’re promoting it for $204,000.

So, anyway in the event you’ve got a Chase dwelling loan out there and you want to do a short sale, I do not know what the categories are, we try to research precisely how this property qualified for a $20,000 seller credit. When we figure that out, there will probably be one other video and I’ll let you guys know. Within the meantime, if you might want to get a short sale performed, we now have the methods to get it executed and we will maybe even help get you $20,000. Anyway, this is to doing short sales the Others way, where we are Modesto’s main short sale team. Give us a call at present or fill out the getting started form and I will talk to you soon. Thanks, bye.

For more information on short sales and how to avoid foreclosure, visit the Modesto Short Sale blog or you can also contact the Saul Carter team and get started today.

Thanks for joining me; I’m Saul Carter with Other’s Realty, one of the leading real estate and short sale teams in Modesto. Today I would like to talk to you about different real estate designations, which are basically the various letters and abbreviations that real estate agents have behind their names.

As I mentioned in a previous video, we have recently finalized our 76th short sale. What’s exciting about that is when you complete your 75th short sale transaction, you achieve a higher designation. As a realtor, there are many opportunities for us to achieve different designations by going to workshops and taking educational classes. One of the major reasons I received my broker’s license is because it gave me a higher level of education over being a regular salesman.

I also have a short sale designation which is a short sale genius diamond. This is the level that I just received upon finalizing my 75th short sale. What’s nice about the designation that I have is that I’m not just going to a class for a few hours and then taking a test; I am getting short sale experience while trying to gain a higher designation. With the short sale genius designation there are essentially two part: a continuing education forum that occurs on a weekly basis and then there is the number of short sales that you have closed. There are some designations available, like the CEPE and the SFR, that I don’t really agree with after having completed so many short sales on my own.

At the end of the day, I feel as if there’s no better way to gain a designation than completing short sales. If you need help short selling your property or want more information, please call us or fill out the getting started form on our website. Other’s Realty can help you successfully short sell your property, so please contact us today.

For more information on short sales and how to avoid foreclosure, visit the Modesto Short Sale blog or you can also contact the Saul Carter team and get started today.

Hello everybody Saul Carter here with Others Realty, Modesto’s leading short sale team, thanks for checking out my blog today. My staff and I are committed to helping Modesto homeowners keep away from foreclosure and I weblog incessantly to offer them with the information to do exactly that. You probably have any questions, or are considering a short sale already, please browse my website or contact me directly for much more information.

For my blog today I really needed to take a second and celebrate a special milestone in my career. Over the past two and half years I have completed seventy six short sales. No two files have been the identical, some took a week and a few took forever however in the long run I was capable of assist seventy six homeowners keep away from foreclosure. I’m sure there are short sale groups around the country who have gotten more approvals than me however I can honestly say I brokered virtually all of my files on my own. After all I have added members to the Others Realty staff over time as we’ve grown and it only continues to get bigger. Our staff continues to expand as a result of there are such a lot of householders who trust us to help them avoid foreclosure.

It is a nice state of affairs to be in and I am excited about the future of helping householders in Modesto get out from underneath their distressed property. In case you have any questions about your mortgage, or the short sale process, please give me a call today. I’m proud of how far we’ve got come within the last two years and I want you to be part of our success in the future. Thanks to your time in the present day and I look forward to hearing from you soon at Others Realty.

For more information on short sales and how to avoid foreclosure, visit the Modesto Short Sale blog or you can also contact the Saul Carter team and get started today.

Hi I’m Saul Carter with Others Realty in Modesto. If you are having trouble making your mortgage payment or if you’re underwater on your home loan, please talk to me. I can offer you the education and services you want to avoid foreclosure.

I wanted to talk to you today about trustee sale dates. Some of the lenders have actually gotten a little bit harder to work with on these. A trustee sale date is really the foreclosure date or the day the bank will go on the courthouse steps and attempt to sell your house. I’ve recently talked to some customers that have attempted to change their trustee sale dates; although I have gotten lots of trustee sale dates postponed, if you have one, I need you to contact me immediately. I will do anything that I can to help you, however my chances of actually being able to get that fixed for you decrease the longer you wait to call me.

In doing business with some servicers, such as Fannie Mae, they have actually told me that they will not put off the trustee sale date for any home they don’t have a short sale approval letter for. I have gotten past that barricade with them, but it takes a lot of effort and you have to know exactly what you’re doing and who to talk to.

If you have a trustee sale or you have missed more than a few payments and you think you might have to do a short sale, call me now because putting it off is way too risky. Once you have that trustee sale date, the odds of actually getting a short sale completed go way down. It doesn’t mean that doing a short sale isn’t possible, however, you need to contact me immediately. Please either give me a call or fill out the “Getting Started” form on our website. Others Realty can help you short sell your house, so please contact us today.

For more information on short sales and how to avoid foreclosure, visit the Modesto Short Sale blog or you can also contact the Saul Carter team and get started today.

Hey, I’m Saul Carter with Others Realty, Modesto’s main short sale team. I wanted to speak at this time about updating your documents. While you’re in a short sale, there may be the short sale package which is bank statements, financial statements, pay stubs, taxes, and all that stuff. Well as we go through the transaction, we have gotten an offer; we’ve sent off the short sale package, the financial institution is going to ask for updated documents. I’ve actually had some clients recently who’ve asked how things have been going, and I’ve needed to inform them I have been waiting for documents from them for 2 weeks now. I remind them that I’ve sent several emails. Well, issues get placed on hold if you are asked by the bank for paperwork and you don’t provide them.

It is essential, and one of many things I always have my sellers sign is a seller’s expectations document. It outlines the short sale process and the entire things that are required of them. I take it seriously. I would like them to be just as concerned as I am to get this completed for them. Irrespective of you try to help any individual, if they don’t seem to be concerned it is not going to happen. Mainly if there have been any short sales that I haven’t gotten authorized; I can particularly point to sellers not being engaged in why that happens.

Anyways, here’s to doing real estate the Others’ way where we are Modesto’s main short sale team. If you happen to do have any documents to get to me, get them to me and we’ll get your short sale done. When you have another questions, please give me a ring or fill out the getting started form here on the website. I hope to talk to you soon. Thanks, bye.

For more information on short sales and how to avoid foreclosure, visit the Modesto Short Sale blog or you can also contact the Saul Carter team and get started today.

Hey, I am Saul Carter right here with Others Realty, considered one of Modesto’s leading short sale teams. I wanted to speak at this time about a don’t call letter or a stop communication letter. Principally that’s a letter by the fair credit reporting act that should you notify the financial institution in writing that you do not need them to contact you, they aren’t allowed to contact you by law. Now the stipulation is they have to have the ability to contact any person, so as soon as we’ve the third party authorization then you possibly can go ahead and send the don’t call letter.

It is a kind of things that quite a lot of my sellers really respect because once they do a short sale with me and I send off the don’t call letter or the stop communication letter then they don’t get calls in the evenings. Sometimes it takes the financial institution a little while to figure it out, like I’ve sent it in but they haven’t informed the precise department, however we’ll get them taken care of.

Finding out a strategy to cease these calls is likely one of the things that plenty of my sellers really appreciate. Anyway, here’s to doing real estate the Others way. Give us a call if in case you have extra questions on that or if you happen to just need them to stop calling you, we can help you there too. Even in case you don’t care if it goes to foreclosure, however you simply want them to stop calling, give us a call we may help you out. That is likely to be worth it in and of itself right there. So, fill out the getting started form and we’ll get you taken care of right away. Once more, I am Saul Carter with Others realty, on of Modesto’s main short sale teams. Thanks lots and I’ll speak to you soon.

For more information on short sales and how to avoid foreclosure, visit the Modesto Short Sale blog or you can also contact the Saul Carter team and get started today.

Hello, I am Saul Carter with Others Realty. I am one of the leading short sale specialists in the Modesto area. If you’re dealing with a difficult financial situation and are facing foreclosure, I can provide you with education and knowledge as well as show you some alternative options to foreclosure, such as short selling your property.

I would like to chat with you today about a certain paper that does not show up in everyone’s short sale package, but that I do have as part of mine. It is something called a loan modification waiver, and I would suppose that over time most realtors will start to have them in their short sale packages. The loan modification waiver is a document that says you have considered doing a loan modification and it’s either not in your best interest or you do not want to do a loan modification anymore.

When we’re doing business together to short sell your home, this paper works to our benefit and puts your declination of doing a loan modification in writing for when I send your short sale application into the lender. It also ensures that the short sale package goes to the right department at the lender; I’ve had situations in which there has been some confusion with the lender when this paper isn’t included in the short sale package and they believe that I am actually applying for a loan modification instead of applying for a short sale. I have included this loan modification waiver document to avoid this type of mix-up in the future; this also helps if you have been doing a loan modification and notifies the bank in writing that you do not want to proceed with the loan modification any longer and are going to do a short sale. If you have any more questions, please call us or fill out the “Getting Started” form on our website; we can assist you with your particular situation or answer any questions you might have regarding short sales.

For more information on short sales and how to avoid foreclosure, visit the Modesto Short Sale blog or you can also contact the Saul Carter team and get started today.

Hey, I’m Saul Carter right here with Others Realty where we are Modesto’s leading short sale team. I wished to speak to you at this time about filling out the paperwork the bank sends you. I speak to a lot of sellers which have already obtained one thing from the bank and they have filled out as much as they could and despatched it off to the financial institution in hopes to attempt to get things moving. It is not efficient, don’t do it, speak to someone who has achieved a large number of short sales before sending that paperwork off.

Typically the paperwork is already oriented to being in escrow or already having a purchaser so that you need information that will be on a HUD statement. The other a part of it is they ask you all types of crazy intrusive questions that we do not even answer after we fill out our regular short sale package. They’re just asking you to over disclose about everything they need to know. Remember this entire thing; whether or not it is a short sale or foreclosures, they’re all actions trying to get cash out of you.

So in case you maintain that mindset and employ an professional like me at Others Realty, to guide you thru this, we are going to get you taken care of and we won’t over disclose it to the financial institution and we will get this executed with as minimal amount of stress on you as possible.

When you’ve got more questions about that, be happy to give us a call or fill out the getting started form and we’ll do that together. It’s so much less nerve-racking when you will have somebody who has executed it before holding you underneath their wing. So, this is to doing real estate the Others way, where we are Modesto’s main short sale team. I will speak to you soon, thanks.

For more information on short sales and how to avoid foreclosure, visit the Modesto Short Sale blog or you can also contact the Saul Carter team and get started today.