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El Dorado Hills-Folsom Short Sales: Why Would a Bank Issue an Extension on a Short Sale Approval Letter?
El Dorado Hills-Folsom CA – The most likely reason why a bank would accept to issue an extension on a short sale is because the bank prefers to do the short sale over the foreclosure. This is a reason why your agent needs to continue to tell them on why the short sale will be beneficial during the entire process. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. The biggest reason a short sale is beneficial...Read More
El Dorado Hills-Folsom Short Sales: Will Banks Issue an Extension on a Short Sale Approval Letter?
El Dorado Hills-Folsom CA – Under normal circumstances, banks are not required to extend the closing of a short sale. The last thing a buyer would want to hear is that their mortgage lender can't perform especially after waiting for a number of months to buy a home. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. For the non-short sale transaction the buyer's lender has complete control of the entire transaction and decides on the...Read More
El Dorado Hills Short Sales: How To Do a Bank of America Cooperative Short Sale
El Dorado Hills CA – You can hire a real estate agent if you want to, but it's not a necessary step to get preapproved for the short sale. I help my sellers get preapproved but not every short sale agent offers this type of service because we don't get paid to do it Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is how the program is approached: 1. Write a hardship letter. 2. Send the...Read More
El Dorado Hills-Folsom Short Sales: Drawbacks To Bank Of America’s New Short Sale Program
El Dorado Hills-Folsom CA – Despite the fact that the Cooperative short sale may help the borrower leave the home without some of the negative aspects of a foreclosure, it has its drawbacks that you may need to consider before you decide to explore this option. Below are some of the drawbacks: Deed in Lieu. In the event that your home does not sell, then the program stipulates that the next step is a deed-in-lieu of foreclosure. This affects your credit just...Read More
109 Honey Cook Cir, Folsom, CA 95630
109 Honey Cook Cir, Folsom, CA 95630 Stunning Home In Folsom! This 2473 Sqft Home..5 BD 3 Bath..Large 0.180ac Lot With Pool/Water Fall. Open Floor Plan With Fire Place..Large Side Yards..Heated Pool..2 Car Garage..Close To Shopping And Freeway. Beds: 5* Baths: 3 (3 0) (FH)* Sq Ft: 2473* Lot Sz: 0.180ac* Yr: 1994* Click Here To View More Pictures 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...Read More
Why Bank Of America Is Offering A New Short Sale Program In Folsom-El Dorado Hills
Folsom-El Dorado Hills CA – A cooperative short sale may be a good option depending on your situation. But, you need to remember that Banks are not in the business of making life easier for its customers, much less anyone trying a short sale. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Banks are in business to turn a profit. The main reason Bank of America has initiated the Cooperative Short Sale is to increase the...Read More
Folsom-El Dorado Hills Short Sales: Benefits of Bank of America’s New Short Sale Program
Folsom-El Dorado Hills CA – Bank of America's Cooperative Short Sale makes the entire short sale process easier for everyone involved. The bank has rolled this out because a short sale reduces their losses compared to a foreclosure. A short sale is quicker than a foreclosure and it doesn't tarnish the bank's reputation as much as a foreclosure. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Banks don't want to have bank owned properties on their...Read More
Folsom-El Dorado Hills Short Sales: Good News On Bank of America Short Sales
Folsom-El Dorado Hills CA – Bank of America is rolling out a new short sale program that will provide the quickest route to a short sale decision. The bank came up with this programs to help ensure that homeowners are able to explore all their options and avoid foreclosure. This program, named the Bank of America Cooperative Short Sale Program, minimizes the challenges of traditional short sales - such as having to wait up to 60 days for a representative to even...Read More
Folsom-El Dorado Hills Short Sales: Why Might a Short Sale Be Preferred Over a Loan Modification?
Folsom-El Dorado Hills CA – Homeowners who would prefer to get out from underwater may prefer to do a short sale compared to a loan modification. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. A short sale means the bank will accept a reduced payoff and release the loan. If your home is worth dramatically less than the amount owed, it might make more sense to do a short sale and be relieved of the...Read More
Folsom Investment Real Estate
Below is a link with some investment opportunities in Folsom Ca. These Folsom investment homes are $250,000 and under-3Beds-2Bath. Let me know if you would like to see any of these Folsom homes. Click Here For Folsom Real Estate Investments 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...Read More
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2340 E. Bidwell St
Folsom, CA 95630
Office: 916-984-8778
Direct: 530-306-3316
About John
CA DRE#01709600
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Short Sale FAQ
- Buying a Folsom-El Dorado Hill Short Sale Home FQ&A
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- Short Sale Myths/Update
- Short Sales We Have Sold
- What is a Folsom Short Sale