Hello Neighbor,                                                                    

If you find yourself in a position where you owe more than your home is worth and you need to sell, a short sale may be your best option. But don't get taken for a long, stressful ride by a self proclaimed 'expert'...

"What is a short sale?"

Simply put, a short sale is a real estate transaction where the homeowner owes their lender more than what their property is worth and they need to sell. In a short sale, the lender must approve and accept less than what they are owed as full payoff (this means they may settle for $400,000, even if you currently owe them $500,000...even if the loss is hundreds of thousands of dollars).

Are you facing a financial hardship that you know will decrease your income?

Are you getting behind on your mortgage and you're not sure if you can catch up?

Or do you just need to sell quickly but your home is worth less now than when you bought it?

If you are facing any of the situations above, and you think a short sale might be your best option, then read on. If you're still not sure and just want more info, then scroll to the bottom of this page and request a free copy of our article "The 9 Alternatives When Facing Foreclosure".

Don't worry.  It's not your fault...

You gotta remember, we've all had our ups and downs in life and a lot of other good people are also in the same tough spot as you. Life seems scary when you're facing the reality of foreclosure and I know how you feel when you just don't wanna answer the phone any more...  

We all agree that we're in the middle of a national mortgage crisis and that, in many cases, homeowners who have bought or refinanced in the last few years have been seriously abused by unethical lending practices!!

You bought your home and hoped (like we all did) that it would increase in value (and some folks were even promised it would!), but most likely the harsh reality is that now your home is worth less than when you bought it and the value is still declining sharply.

I help homeowners in this position to get the help they deserve.  I've also, helped train other real estate professionals to do the same for their clients.

It's sad but true!

Did you know that nearly 80% of the homeowners nationwide who try to "short sale" their home will end up losing their home to foreclosure due to an uneducated or lazy agent?

Don't allow this to happen to you!

I hate to say this about my fellow agents, but the majority of them that are "trying to help" have not been properly trained and sadly, they are misinformed as to how to even negotiate with lenders. Some even get so far as to submit your 'short sale packet' and then just sit back and wait for a response! In the end, they simply don't know how to help you and you will become one of those "80%" that were not helped.

"Short sales are not easy!"

...unless you seek the help of an expert agent with a proven track record. I have been personally trained by a former Chief Loss Mitigator who is a career loss mitigator and asset manager with 20 years in the business (he is ultimately the guy at the bank who accepts or declines short sales). We actually get the banks to say YES to our short sales. Before you agree to have an agent help you sell your home, ask him/her to show you just one short sale approval within the last 6 months... I doubt they can.

The best part is, my business partner, has taken his tips and tricks from working INSIDE THE BANK and taught my team and I exactly how to ethically BEAT THE BANK... 93.2% of the time!

My partner most recently worked for IndyMac Bank, a top ten lender, as the head of their HELOC loss mitigation division. His insider knowledge and broad base of industry contacts allows us to get our approvals faster! In fact, we are constantly solicited by other agents to 'help them' get their short sales approved.

Not all agents can do a short sale and not all people qualify for our help. I am here for you if your situation meets the following criteria:

If you're not sure and just want to find out if you qualify, give me a call and I will walk you through your options. Believe it or not, you may just need help getting a temporary reduction in your payments to 'catch up'. In any case, call me to talk about the several options that you may not be aware of.

If you don't know what else to do and you don't call me at 1-408-857-9541, what will it cost you in damaged credit, frustration and stress? If I am unavailable when you call, please leave a brief message including your name and phone number and your call will be returned.

I know how you feel and I can help.

Sincerely,                                                            

Keith Levine

Broker-Realtor

CA.DRE# 00646506

1-408-857-9541

ReoBpoBroker@Gmail.com

Ambassador Member of "Helping A 1,000,000 HomeOwners" avoid foreclosure.

www.helpingamillionhomeowners.com

P.S. Don't let the lender's abusive scheme take advantage of you and cause you to lose your home to a foreclosure auction! Save your credit and have peace of mind dealing with an expert.

Still Not Sure?

*A Short Sale Genius Pro has successfully closed between 5 and 14 short sales and is in the top 14% of real estate agents in the Nation.

*New FTC Requirements for Short Sales -Jan. 31st., 2011*

Brought to you by the CALIFORNIA ASSOCIATION OF REALTORS®

*REALTORS® who negotiate short sales with lenders and those who promote their services as a way to help consumers avoid foreclosure must generally comply with new disclosure and other requirements under the federal Mortgage Assistance Relief Services (MARS) rules, according to the NATIONAL ASSOCIATION OF REALTORS® (NAR). These new rules, however, do not apply to real estate agents who limit their short sale services to providing customary assistance to consumers in selling or buying short sales, such as listing homes for sale, showing homes, and finding desirable homes for consumers, and who do not negotiate with lenders and do not promote their services as a way to help consumers avoid foreclosure. C.A.R. is in the process of expeditiously preparing standard forms for REALTORS® to use to comply with MARS.

On February 23, 2011, NAR announced that the Federal Trade Commission (FTC) staff’s position is that real estate agents who negotiate short sales with lenders, along with those who promote their services as a way to help consumers avoid foreclosure, must generally comply with MARS (which came into full effect on January 31, 2011). Other mortgage assistance relief services offered to a consumer in exchange for consideration that are generally regulated under MARS include, without limitation, negotiating, obtaining, or arranging a loan modification, deed-in-lieu of foreclosure, loan forbearance, or extension to cure a default.

Under the FTC staff’s position, real estate agents who fall within the scope of MARS must generally provide certain disclosures, refrain from claiming an advance fee, refrain from engaging in certain deceptive acts, retain records for 24 months, and monitor their independent contractors and employees as specified. More specifically, real estate agents who negotiate short sales with lenders and those who promote their services as a way to help consumers avoid foreclosure must comply with the MARS rules, including, but not limited to, the following:

Disclosure Requirements:

Disclose on promotional materials for general commercial communications that the company is not associated with the government, and that a lender may not agree to change a loan.
Disclose, before a specific consumer agrees to use an agent’s services, as above, and that: (1) the consumer may stop doing business with the brokerage at any time; (2) the consumer must pay the broker’s total compensation as specified if the consumer accepts the lender’s offer; and (3) the consumer does not have to pay the brokerage if the consumer rejects the lender’s offer.
Disclose, when furnishing the lender’s offer of mortgage assistance relief to a consumer, items (2) and (3) directly above, and provide a notice from the lender of the material differences between the lender’s offer and the consumer’s current mortgage loan.

Prohibited Acts:

Refrain from requesting or receiving payment until the consumer enters into a written agreement with the lender (California law further restricts advance fees).
Refrain from engaging in certain deceptive acts, such as representing that a consumer should not contact the lender, misrepresenting the likelihood of obtaining a short sale, misrepresenting the amount of time it will take to accomplish a service, misrepresenting the consumer’s obligation to make loan payments, or representing the benefits of any MARS service unless such representation is based upon competent and reliable evidence substantiating its truthfulness.

Record Retention and Monitoring Duties:
Keep for 24 months copies of records, including, but not limited to, all consumer files, contracts, MARS disclosures, written communications, commercial communications, marketing materials, websites, weblogs, sales scripts, and training materials (California law further regulates record retention).
Take reasonable steps to monitor that their independent contractors and employees comply with these rules, such as monitoring communications directed at specific consumers, establishing a procedure for receiving and responding to consumer complaints, investigating promptly and fully each consumer complaint received, and maintaining records to show compliance with the monitoring requirements.
Finally, MARS also prohibits anyone (not just MARS providers) from providing substantial assistance or support to a MARS provider, when that person knows or consciously avoids knowing that the provider is engaged in any act or practice that violates MARS.

The MARS rules are fully set forth at Part 322 of Title 16 of the Code of Federal Regulations. The FTC also offers a business compliance guide called “The Mortgage Assistance Relief Services Rule”. For NAR’s guidelines on MARS, go to “New FTC Rule Requires Short Sale Disclosures”.*