Hayes Realty Group

John J Hayes Always stay on "PAR" with your real estate needs Serving Sacramento, Folsom, El Dorado Hills, El Dorado County      Thursday September 18th, 2014

Contact John 530-306-3316

El Dorado Hills Short Sale Question: Do I Need To Disclose Anything Wrong With My House?

said September 9th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – The Stop Foreclosure Institute recently received a question from Will. Here was his question. “I am thinking of short selling my house. There are some problems with the house. I know that most home buyers get a home inspected before they buy it. Do I have to tell them about the problems? Or, should I leave them for the inspector to find? Will.” Here was our answer. Will, we would disclose everything to the home buyers. It doesn’t...Read More

A Common El Dorado Hills Short Sale Myth: The Short Sale File Has To Be Perfect Before You Can Submit It To The Lender

said September 3rd, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – Many agents think that a short sale lender will not look at a file until the short sale file is perfect. “I need your financial information, last 2 years of tax returns, last 2 pay stubs, last 2 month’s bank statements, and all the other short sale paperwork before I can submit the file”, they tell you. A perfect short sale file does help. But, some agents think it will make the short sale process so much...Read More

El Dorado Hills Short Sale Myth: There Are No Rules Or Guidelines For Short Sales

said September 2nd, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – I recently saw an article written by a prominent, so called short sale expert. In the article, this supposed expert says the only rules for short sales are HAFA, but even those rules are subject to interpretation. That is like saying that there are no traffic laws. If that were the case, then everyone could drive 100 MPH and never get a ticket. That is like saying that the court system has no rules. (Go ask a...Read More

Who Pays The Costs In A Folsom/El Dorado Hills Short Sale?

said August 27th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom/El Dorado Hills CA – You may wonder why a sales contract says the seller pays for certain costs and yet the bank covers the costs. Here is how it works. The sales contract may have a certain clause say: “Seller to pay title and seller’s documentary stamp taxes.” How does the bank pay that cost if it says the seller is paying it? In traditional real estate (non short sale), certain costs are normally paid by the seller and other costs...Read More

Folsom/El Dorado Hills Short Sale Myth: Anyone Can Negotiate With The Lender

said August 26th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom/El Dorado Hills CA – Yes, many people think they can negotiate with the lender. But, some of them don’t have the skills necessary to be successful. Here are a few of the things someone needs before they can negotiate a short sale. < They must have the ability to understand HUD-1 Closing Statements. The lenders will want a copy of the closing statement, also call a HUD-1. Most people in the lender’s short sale departments are very familiar with HUD-1s. The person negotiating...Read More

Folsom/El Dorado Hills Short Sales: More Reasons Why Short Sales Fail

said August 25th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom/El Dorado Hills CA – We recently gave a couple of common reasons that short sales fail. Today, we will go thru a few more reasons. (To recap, here were the reasons we put in our previous blog post. Reason #1: The sales price is lower than the lender wants. The lender thinks the home is worth more than it is selling for and won’t approve the short sale unless the price is for the value they have. Reason #2: The...Read More

El Dorado Hills Short Sales: What makes a good short sale realtor?

said August 18th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – A good short sale realtor will mean the difference between success and failure on your short sale. Here are the qualities that make a good, effective short sale realtor. Persistence. Short sales are frustrating. Many times you will feel like giving up. Many times you will feel like you have finished the task. The short sale will be approved. Then, the lender tells you that they need a certain document signed by all parties. They won’t approve...Read More

Foslom-El Dorado Hills Short Sales: Should I renew my insurance when I am short selling my house?

said August 18th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom-El Dorado Hills CA – The Stop Foreclosure Institute recently received a question from Chuck. Here was his question. “I'm trying to short sale. I received a note from my Insurance agent that my Homeowners insurance will be cancelling as of this month because the insurance company went under. My insurance agent told me that he can place me with the State run insurance agency for $1,900.00, but I will have to pay the money by the end of the month. I do...Read More

Folsom-Shingle Springs-El Dorado Hills Short Sale Question: Can I Short Sale If My House Is Already In Foreclosure?

said August 18th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom-Shingle Springs-El Dorado Hills CA – The Stop Foreclosure Institute recently received a question from Dave. Here was his question. “I would like to short sale my house. However, the foreclosure has already started. I don’t know how soon the bank is going to come and kick me out. Can I still short sale? Or, is it to late? Dave.” Here is the answer to his Question. Dave, yes you can still short sale your house. It does depend on how far along...Read More

4360 Lombardia Way, El Dorado Hills, CA 95762

said August 7th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Gorgeous Single Story In El Dorado Hills/Serrano! 2214 Sqft Open Layout Has Much To Offer! 4 Beds 2 Bath.. Granite Counters Tops..Lots Of Cabinets/Storage..Pre Wire For Surround Sound..Engineered Wood Floors..Open Dining Area..Spacious Living Room.. Large Master Bed and Bath..Large Walk In Closet..Large Lot! Close to Parks and Country Club. Schools..Silva Valley or Oak Meadow Elementary..Rolling Hills Middle..Oak Ridge High. Lowest Priced Home In Serrano. Beds: 4* Baths: 2 (2 0) (FH)* Sq Ft: 2214* Lot Sz: 0.1930ac* Yr: 2004* Click Here For More Pictures: Thanks for reading...Read More