Advertisement, negotiating contracts, showings/open houses, disclosures, escrow, title, and most importantly... pricing!
Choosing a REALTOR, and a company that stands behind them is a decision one should not take lightly. As Realtor, my job is to provide you with dedicated service and experience from begining to the end. Working through all aspect of the sale for you & with you. Maintaining constant communication, for a smooth & successfull sale.
You are valued and I appreciate you... count on me for dependable, reliable and trusted service!
Effective for all sales contracts dated on or after February 1, 2010.
Certain property may be resold and financed using FHA insured financing without waiting 90 days.
FHA has temporarily waived the 90 day wait period, on certain transactions. These recently purchased homes may be sold and financed with FHA insurance.
Private sellers and investors are now eligible to take advantage of this waiver.
Thesetransactions must be arms-length, with no identity of interest between the buyer and the seller or other parties participating in the sales transaction.
In cases where the sales price is 20% or greater than the seller’s acquisition, the lender must justify the increase in value with supporting documentation of renovation, repair and rehabilitation work.
o If no such work was performed the appraiser must provide an appropriate explanation of the increase in property value since the prior title transfer.
o The lender must order a property inspection and provide that report to the home buyer. Buyer’s may be charged for the cost of this inspection.
There is much moredetail to this wavier and if you have transactions meeting this guideline you are advised to read the waiver in itsentirety here: http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf
Guilines are becoming stricter for this 90 day rule.
Please contact a qualified lender for more consult.....Call Ray Miranda for further details (619)846-4492
Is selling really an option?
Yes! Did you know this market has created an absolute opportune time to sell! More than ever, buyers are taking advantage of what today's market has to offer.
You maybe asking yourself, Is selling really an option for me? Absolutely! But in all honesty, having equity in your home does give you an advatage for a quick close of escrow. Never the less, you don't have to have equity to sell your home in todays market.
Shortsales.... yes, they are here to stay. At least for the next couple of years. Banks are finally getting the idea that selling a property as a short sale, is less costly to them... then if they foreclosed. Here at Weichert we deal with shortsales everyday. We are experiencing quick turn around times for approvals on our shortsales, some in as little as 10 days from submission of a full package!
If you or someone you know is struggling and facing the possibility of foreclosure, or just maintaining to stay above water, you owe it to yourself to view all your options, and at no cost to you!
Contact me today, together we can work on a plan that leads you back to financial recovery.
