See below

If you need a Real Estate Team that understands the market, give us a call.

Real Estate Insight Team Keller Williams Short Sale Experts 951-572-2789 760-689-BANK (2265)

Upgrading to an energy-efficient heating and cooling system can save hundreds on your utility bills and earn you a tax credit [...]]]>

• Tax Credits for Solar Water Heaters

  A federal tax credit makes energy-efficient solar water heaters a more affordable and sustainable option for many homeowners. Read

• Tax Credits for Replacing Heating and Cooling Systems

  Upgrading to an energy-efficient heating and cooling system can save hundreds on your utility bills and earn you a tax credit worth as much as $1,500. Read

• Tax Credits for Replacing Your Roof

  Replacing your roof with a qualifying energy-efficient metal or asphalt roof can cut your cooling bill and earn you a $1,500 tax credit. Read

• Tax Credits for Adding or Replacing Insulation

  A federal tax credit makes adding insulation an even cheaper way to improve your home’s energy efficiency and cut your heating and cooling bills. Read

• Tax Credits for Replacing Windows, Doors, and Skylights

  If money seems to be escaping through drafty windows, doors, and skylights, this federal tax credit might make energy-efficient replacements more affordable. Read

According to the guys at the TBWS Daily, the National Association of Mortgage Brokers conferance put to sleep the rumor that FHA down payment requirements were going to climb from 3.5% to 5%.

We will update you as soon as the official statement is released.

If you or someone you know is in danger of losing your [...]]]>

According to the guys at the TBWS Daily, the National Association of Mortgage Brokers conferance put to sleep the rumor that FHA down payment requirements were going to climb from 3.5% to 5%.

We will update you as soon as the official statement is released.

If you or someone you know is in danger of losing your home to foreclosure, call us!

760-689-BANK (2265) state your name and your situation and our team of specialist will call you for a free consulation.

http://shortsalemc.com/

by Michael-Edward Cruz – California Real Estate Broker 951-572-2789

I found a promising article detailing how some lenders are beginning to shift their focus from foreclosure to short sales. Unfortunately I could not link to it on my blog due to copyright laws.

Some Lenders are now considering short sales as a real solution. AFTER the mass [...]]]>

by Michael-Edward Cruz – California Real Estate Broker 951-572-2789

I found a promising article detailing how some lenders are beginning to shift their focus from foreclosure to short sales. Unfortunately I could not link to it on my blog due to copyright laws.

Some Lenders are now considering short sales as a real solution. AFTER the mass foreclosures in 2007 – 2008, AFTER the disaster in modifications in 2009, they might finally be listening to us.

I can’t really complain though.  Before I worked for this team lead by Troy Huerta, 2 out 3 of my deals foreclosed!  I was a typical agent throwing darts in the dark and having the closing figures to show for it.  My success rate was less than 33%.  Since teaming up with Troy, my success rate is an admirable 100%, so far.  This year alone our team has already closed 20 transactions!!!

A big part of my difficulty stemmed from my lack of planning to deal with lenders rather than the lenders not actually listening.  Lenders will always find ways to make more and more money no matter what.  Otherwise, how will their CEO’s be able to remodel their offices for less than $2 million?  When dealing with our pre-foreclosure transactions, we focus our job on showing them that a short sale is better than a foreclosure.  Most of the time a short sale is better, unfortunately it is not always easy to get the lender to understand. That is why I have teamed up with Troy Huerta from the Real Estate Insight Team at Keller Williams.

Troy Huerta has been featured by Smart Money magazine (a Wall Street Journal

publication) as a Power Broker. The impressive part of Mr. Huerta’s success is his fundamental understanding of the short sale process and his ability to turn nearly every transaction into a win-win-win situation for lenders, sellers, agents (and buyers).  Armed with a strong lending background, Troy foresaw the market turn and did everything he could (including purchasing a local and well-established real estate office) to position himself one step ahead of the rest.  The first year (June 2007 – June 2008) he had successfully closed 50+ short sales at a time when offices were folding like houses of cards and agents were being driven from their once thriving (and easy paced) careers.  His understanding of how lenders work has made him the “go to guy” on short sale transactions. He has held DRE credit courses on short sales and currently designates certificate courses for agents looking to break into this market. His success has been truly amazing. He has a great team that I am lucky to be a part of.

After my first experience as an REO agent, I knew that this was not the answer for me in this market.  The whole experience was not worth the money I made when the sale was finalized. I went into this business to help people realize their dreams of homeownership, not contribute to the nightmare of foreclosure.

I am happy with my choice to be persistent and find a way to become successful with the short sales. Most agents ran from this (sooner or later). Most of the agents I have talked to have said “It’s too much work”, ” I hate dealing with lenders” and my favorite, “they take forever to close”. I agree that they should not work on short sales.  You have to love it and “get it” like we do.  A comprehensive list of negotiators you’ve closed with in the past doesn’t hurt either.

While our primary focus is on listings and homeowner assistance, we offer professional negotiation services to agents who can’t or don’t want to handle the negotiation portion of their transactions.  Our system of short sale closings enable us to continue our success as things get “easier”.

WITH LENDERS WORKING WITH US + OUR SUCCESS WHEN THEY WERE NOT = THE ABILITY TO HELP AS MANY PEOPLE AS POSSIBLE IN 2010

Are you late on your mortgage?  Do you have an NOD and are in danger of foreclosure?  Do you know someone who is struggling to make ends meet?  Is the loan modification game getting you tired and at greater risk of foreclosure?  CALL THE NUMBERS BELOW, LEAVE A MESSAGE WITH YOUR SITUATION AND A SPECIALIST WILL CALL YOU TO DISCUSS YOUR OPTIONS

North San Diego County – 760-420-5498 – http://lenderhelpinc.com

South Orange County – 949-630-9743 – http://shortsalemc.com

South Riverside County – 951-BANK-GIRL – http://livinginharveston.com

Their is no way to guarantee anyone that a modification will [...]]]> I have personally helped many people modify their home loan. But with so many predators out there the State of California made it illegal to charge for these services. Still when people try and do this on there own it takes a toll on them.

Their is no way to guarantee anyone that a modification will work. We simply showed people our results. Ironically many people we helped eventually realized that modifications didn’t really help them in the long run.  Many people later decided to short sale. I have two like this right now. Another thing they don’t tell you is that you will miss out on many incentives and tax breaks to short sale now.

As well you can in some cases get a home loan a day after you short sale your property.  So to me modifications suck !!! still here is an interesting article I found on what is accurately headlined as

MORTGAGE MODIFICATION HELL

If you or someone you know are having difficulty paying for you home call us

Troy Huerta (Short Sale Team Leader for California)

Michael-Edward (Short Sale Specialist)

951-572-2789 South Riverside County – Temecula Redhawk – Home Office
949-630-9743 South Orange County Office
760-420-5498 North San Diego County – Troy Huerta – Team Leader

Here is an interesting article I found that illustrates the banks creative way to boost profits, even with Government intervention.

Like I keep telling people, all [...]]]> I personally do not use credit cards any longer. I would rather deal with the mob when borrowing money. At least they kiss you before they _ _ _ _ you.

Here is an interesting article I found that illustrates the banks creative way to boost profits, even with Government intervention.

Like I keep telling people, all this would stop if we as consumers would just stop using their services. Remember they are not forcing you to use them.  I will say that next time they come looking for a bail out say HELL NO! They can afford it!

CREDIT CARDS AND THE LOVELY BONUSES FOR THE CONSUMER

If you or someone you know are having difficulty paying for you home call us

Troy Huerta (Short Sale Team Leader for California)

Michael-Edward (Short Sale Specialist)

951-572-2789 South Riverside County – Temecula Redhawk – Home Office
949-630-9743 South Orange County Office
760-420-5498 North San Diego County – Troy Huerta – Team Leader

You would think that they would at least stick to foreclosing [...]]]> With Banks coming out on top with the bail out money, making BILLIONS on ridiculous overdraft fees that hurt those weakest to fight back and being able to make a double profit on foreclosure by buying other banks bad debt cheaper then getting government money……

You would think that they would at least stick to foreclosing on homes they owned.

The story below shows the power and arrogance that is Bank of America.

BANK OF AMERICA – THE NEW EVIL EMPIRE

If you or someone you know is in danger of losing your home to foreclosure, don’t deal with them on your own. Get expert help, call us today.

Michael-Edward Cruz
Short Sale Specialist
951-572-2789

Troy Huerta
Team Leader
760-420-5498