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

Contact John 530-306-3316

Seller Info Category

The Folsom Short Sale Process from Start To Finish

said March 4th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom CA – The short sale process may vary, but it will generally work as follows: 1) The lender is contacted to discuss the possibility of a short sale and to determine the lender's process for completing the sale. 2) The seller issues a letter authorizing the release of personal information about the loan and the property to the buyer or escrow agency. 3) The lender will review a settlement statement, which will indicate the proposed selling price, remaining loan balances and itemize...

El Dorado Hills Short Sales: What To Do When The Lender Won’t Approve The Short Sale

said March 4th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – If you are doing short sales, then you must learn how to escalate a file. Here's why. What do you do when the house isn't selling for any more money, but the bank keeps on rejecting the offers? You can give up, but then the seller loses the house to foreclosure. Ouch! Why not escalate the file and get it approved? Here's an example of how it worked for the Stop Foreclosure Institute. We had a house on...

Folsom Short Sales: How To Strong Arm Your Lender On A Short Sale

said February 4th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom CA – Here is a technique you can use to “strong arm” you’re your lender on your short sale. The number one reason people short sale is to salvage their credit. After all, a short sale has much less of an impact on your credit than a foreclosure. Despite all this, banks still make short sales tough. How would you feel if you worked hard on a short sale only to watch it fall apart because your lender dragged their feet? Later...

Folsom Short Sales: What You Should Look For In A Potential Buyer Of Your House

said January 23rd, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom CA – Short Sales can be tough. Many buyers don't understand the process and think that since it is a buyer's market, then they set the rules. That's not the case. You, the seller sets the rules. After all, you still own the property. But, more importantly, you must set the rules for offers. If you don't, then you dramatically reduce your odds of successfully short selling your property. Here is what you should think about before you take your home...

What Is A Reasonable Offer From A Buyer Of A Folsom Short Sale Property?

said January 23rd, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom CA – Some buyers think that since it is a buyer's market, then they can make any crazy demand of a seller. And they can't understand when the seller isn't excited by their low ball offer. Here is an example of a recent story where this happened. A buyer makes an offer on a short sale. 1. The buyer puts no money in deposit for the home. In other words, they have about zero risk. (Meanwhile, the seller is still risking...

El Dorado Hills-Folsom Short Sales: How To Get A Short Sale Lender To Waive A Deficiency

said January 9th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom CA – The Stop Foreclosure Institute recently received a question from John. Here is John's Question. "I just received a full price offer on my house. My main concern is that I don't get stuck having to pay off the deficiency. I have a first and 2nd with Chase and owe 270K on the home. The buyer's loan is also with Chase. How can I work this out so that I can walk away from this without owing any money? Is...

Seven Ways You Benefit From A Folsom Short Sale

said January 9th, 2013 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom CA – A home owner thinking of a short sale recently asked us why they should short sale versus just walking away and letting their lender foreclose on the home. We gave them the normal answer: “It’s much better for your credit.” That was the first thing that popped into our head. But, I knew there are more benefits to a home owner than simply better credit. So I put together the entire list and here they are. 1. The upside...

3014 6th St, Sacramento, CA 95818

said November 10th, 2012 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Click Here To See More Pictures and Info: Beautiful Home In Land Park. 3 Bed 1 Bath..1273 Sqft..6534 Sqft Corner Lot. Original Hard Wood Floors. Thanks for reading this, John J Hayes. John J is a Real Estate Agent at RE/MAX Gold. Phone: 530-306-3316. [email protected] "Hard Work and Dedication" View My homes for sale at www.johnhayesrealestate.com/home-search. John Hayes specializes in loan modification assistance and short sales in El Dorado Hills California. El Dorado Hills Loan Modification Help, El Dorado Hills Short Sales. El Dorado Hills Short...

How Soon Can I Buy Another Home After A El Dorado Hills Short Sale?

said November 4th, 2012 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – We receive this question a lot. “I am upside down and need to move. I would like to buy another home. Can I do that?” they ask us. Today they can. FHA (the Federal Housing Administration) has a new program that enables you to short sale your existing home and buy a new home right afterwards. The home you purchase would have to meet FHA’s standard lending guidelines. FHA is a great mortgage program. In fact, more people...

El Dorado Hills Short Sale Question: Getting divorced. Can’t Afford Home. What Should I Do?

said November 1st, 2012 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – The Stop Foreclosure Institute recently received a question from Katie. “My spouse and I are getting a divorce. Unfortunately neither of us can afford the house on our own. So, we have to get rid of it one way or another. The big problem is that the house has dropped in value since we bought it. I think it is worth around $400,000 and we owe about $600,000. I am curious about what options we have. What...