Hayes Realty Group

John J Hayes Always stay on "PAR" with your real estate needs Serving Sacramento, Folsom, El Dorado Hills, El Dorado County      Sunday August 20th, 2017

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El Dorado Hills CA – Are you looking to buy a short sale? Before you make an offer, you need to check and see how competent the listing agent is at short sales. The listing agent is the agent with the property for sale. They will usually be in charge of processing the short sale with the lender. If the listing agent is a genuine short sale expert and knows what they are doing, then you have a very good chance...

How Long Do I Have To Wait After A El Dorado Hills Short Sale To Buy Another Home?

said November 7th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – The Stop Foreclosure Institute gets asked this question quite a bit. The answer depends on the type of loan you are looking to use to purchase your next home. Here are the details on your options to buy another home after a short sale. Owner Financing. You can buy a home with owner financing anytime after a short sale. FHA Financing. (FHA is very popular because it only requires you to put down 3.5% and pay your...

El Dorado Hills Short Sales: Bank won’t allow my seller to avoid short sale process

said November 7th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – The Stop Foreclosure Institute recently received a question from another agent. Apparently they were being mislead on a short sale by a large national lender. Here is the question we received: “Do you have a number to contact Fannie Mae? The bank (Large National Bank) will not allow the seller to not do a short sale and agree to repay the loss on a promissory note. She said that she has to talk to the investor...

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: 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...