Hayes Realty Group

John J Hayes Always stay on "PAR" with your real estate needs Serving Sacramento, Folsom, El Dorado Hills, El Dorado County      Monday May 22nd, 2017

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El Dorado Hills Category

Folsom-El Dorado Hills Short Sales: Will My Lender Set The Price For My Home?

said November 1st, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Foslom-El Dorado Hills CA – The Stop foreclosure Institute recently received a question from Steve about short sales. Here was Steve’s Question. “I am interested in a short sale. I just have a few questions about how the process works. Does my lender set the price for the property. And, will that price include the realtor fee? Sincerely, Steve.” Here was our answer. Steve, in most cases the lender will not set the asking price for your home. In most cases,...

El Dorado Hills Short Sales: Should I Short Sale or Keep trying to Save the House?

said October 31st, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – We at the Stop Foreclosure Institute receive calls all the time that go something like this “I have fought the bank for year and half, and after paying thousands and thousands I have decided to short sale, can you help me”? Because of this, I decided to break down the reasons to short sale your home. In addition I added in a few reasons you should NOT consider A Short Sale: Do NOT Short Sale if the...

Folsom-El Dorado Hills Short Sales: Why Is The Short Sale Taking So Long?

said October 31st, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Foslom-El Dorado Hills CA – The Stop Foreclosure Institute recently received a question from Cathy. Here was her question. “I am trying to buy a house that is a short sale. It has been 4 months and we have heard nothing. The agent did mention that they are now on the 2nd negotiator and still haven’t heard from the negotiator. I am getting very frustrated. Is there anything I can do on my end to try to push the process along, or...

Folsom-El Dorado Hills Short Sales: How To Look At A Short Sale From The Lender’s Perspective

said October 31st, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom-El Dorado Hills CA – The Stop Foreclosure Institute received a few responses from yesterday’s blog post. Most of the questions went something like this. "I think a lender would be stupid to approve an investment property short sale for a wealthy person. If I was the lender I would sue them for the loss. Jan.” The bottom line is that people didn’t think a lender would allow a wealthy person to walk away from the debt on an investment property. Here are...

El Dorado Hills Short Sales: How To Publicize Your Lender’s Failings

said October 28th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – If you get annoyed at your bank, then here are a few methods you can use to let the world know about your lender's failings. One technique is a rip off report. Just put all the information onto www.ripoffreport.com. Just be sure to detail stuff that will hurt them. You will want to put the CEO’s name into your report. You can also put down keywords like "Lender Name Loan." When someone searches Google for your lender’s...

Who Benefits From A El Dorado Hills Short Sale?

said October 15th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – Even though lenders pretend to hate short sales, they actually benefit from short sales. Let me explain why. A lender gets to sell the house at today's price, versus what it will be worth 6-12 months down the road. We just did a comparison and pulled up sold listings. All of the listings were the same, very comparable, and located in 3 similar, comparable neighborhoods. All were less than 2 miles apart. First, we looked up the average...

Trying To Short Sale Your El Dorado Hills Home, But Worried The Lender Might Foreclose On It First? Try This.

said October 9th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – Short sales can drag out. It takes 1-2 months to sell the house. Then, the short sale negotiations start. They can drag out for 3-6 months. In the meantime, if you aren’t paying on the mortgage, then the lender will be trying to foreclose on the house. Here is a tactic you can use to delay the foreclosure process and even stop a foreclosure sale. Here is a story from Alberto where he explains what to...

A Common Folsom- El Dorado Hills Short Sale Marketing Mistake: Not Marketing Your Home To Their Buyers

said October 7th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom-El Dorado Hills CA – Here is a story that illustrates this point. An agent I know was hired to sell a 30 acre tract of land. Several months earlier they had spoken with a buyer that was looking for a similar property. However, the buyer had said they were looking for something closer into town. So the agent never told them about the 30 acres. Another agent did tell them about it. They notified the buyers about the property and they decided...

A Common El Dorado Hills Short Sale Marketing Mistake: Not Following Up On Showings

said October 2nd, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – When another agent brings a buyer to look at your home your realtor should follow up afterwards. They need to get feedback on what the buyer thought of your home. If the buyer liked your home, then they will ask if they are thinking of making an offer. Maybe the buyer likes your home, but won't make an offer for some reason. They want something repaired, or they have a concern about something. Your realtor can then...

A Common Misconception: Buyers Don’t Like Folsom- El Dorado Hills Short Sales

said September 30th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – A lot of agents think buyers don’t like short sales. This is not true. In fact, many buyers prefer foreclosures and short sales over normal homes on the market. They know that they are more likely to buy a home at a fair price when they buy a short sale. We never have a problem getting buyers interested in our short sale listings. We have even had buyers fight over certain short sales. In one instance, we received...