I will interview area specialist to help keep you informed of what’s really going on in Mortgages and Real Estate in Southern California. Today we are going to chat with Christina Hosseini, Account Executive at Provident Bank in Rancho Cucamonga. She is going to help us understand what the Foreclosure waiting periods are to repurchase and explain what exactly her job is as a “wholesale representative” or account executive.

Duration : 0:12:22

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Technorati Tags: bank mortgage, best home loan, best mortgage loans, Broker, california, FHA loans, home loan, home refinance, loan limits, mortgage company, mortgage loan company, VA loans

There is absolutely NO REASON to go to Foreclosure!!! Short Sales are a great way to wipe the debt slate clean with your lender. We have a 95% success rate on all our short sale cases. We have contacts in all the major banks that assist us in these negotiations with your lender.

Millions of homeowners are “under water” on their home loan and facing foreclosure. However, there are dignified foreclosure alternatives. Learn more about the fastest growing alternative – Short Sales – and why this option is more attractive to both the homeowner AND the lender. Your qualified Certified Distressed Property Expert (CDPE) agent can guide you through the process.

Many real estate agents are now coming to me to help with their short sales since they need someone with extensive experience in this field.

If you are a homeowner in San Diego County who is trying to avoid foreclose, or a real estate agent or broker with short sale listings or need help negotiating short sale properties contact:
Conrad Hodgson
tel: 760-710-7606
email: conradtherealtor@gmail.com
website: www.theshortsalesiant.com
For more information or to schedule a free consultation.

Duration : 0:6:8

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If your selling your property as a short sale you may want to know what a Deficiency and a IRS form 1099 is. Today I will be explaining this to you.

What is a Deficiency? Deficiency is a judgement lien against the home borrower whose foreclosure sale did not produce sufficient funds to pay the mortgage in full.
An example would be that the borrowers unpaid loan balance is $100k and the property sold at a public auction for $80k. The lender will than seek a Dificiency judgement against the borrower to recover the remaining $20k Plus Foreclosure expenses.

Now the banks might not come after you right away for the Deficiency, but the banks might sell the it to a creditor and they will come after you several years later.

What is a 1099 in a short sale? The IRS says that there is no such thing as a free lunch. In the eyes of the IRS, If you transfer title of your property through a regular sale or through a foreclosure. The IRS says that you might be subject to pay taxes Even if you sold your home at a loss either on a short sale or a foreclosure

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Edwin D., Broker, SFR

Plugin Realty, Inc.
“Connecting Real Estate with Real People”

Phone:
Local: 214-668-6088
Toll Free: 1-888-Plugin-8
Fax: 1-888-506-6632

URL’s:
www.PluginRealty.com (Flat Fee MLS Service)
www.PluginRealty.net (Property Management Service)
www.PluginRealty.biz (Apartment Locating Service)
www.PluginRealty.org (Recruiting Real Estate Agents)

Texas Real Estate license number: 0584929
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Duration : 0:2:11

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http://www.successfulthings.com/products/realestate/RealEstate/Marketingletters/index.html
This Ebook will enable you to become an reo listing agent for bank foreclosures. It changed my career. This video is a gift from me to you.

Duration : 0:8:42

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Technorati Tags: agent, BPO, Broker, DAD, Donald, estate, foreclosure, MLS, real, REALTORS, realty, reo, Rich, success, Trump