Category Archives for Florida Short Sale Agents

Should You Consider A Wellington Short Sale?

Should You Consider A Wellington Short Sale?

You may be considering a Wellington short sale and wondering if it’s apt for you if you are hoping to avoid the ramifications of a foreclosure due to a failure in meeting mortgage payments. A short sale is the process where you sell your home for a price that is lower than what you owe and the profits will go directly to your lender to pay for the majority of your debt. This option may work for you if you meet the following main requirements:

A Proven Financial Hardship
This is an unanticipated situation where it deters your capability to meet your mortgage payments on time. This will include circumstances like loss of a job or income, death in the family, relocation or an illness. You will be required to submit a detailed hardship letter to your lender. You will also have to submit appropriate documentation that will prove your current financial state.

Mortgage is in or Nearing Default Status
If you have failed to meet your mortgage payment, or you recognize that you will be unable to pay your monthly mortgage due to an unexpected financial hardship, then you may be qualified for a short sale. You may not have to wait until your mortgage becomes on default as most lenders will be willing to work things out with you to avoid a foreclosure.

Your Home Can Be Considered “Under Water”
You may be eligible for a short sale if your Wellington home’s current value is lower than the owing mortgage balance. Seek for your Wellington short sale agent’s help in determining your property’s market value.

A short sale may just be the appropriate option for you if you are able to pass all these requirements. While the short sale process may be less complicated as opposed to a foreclosure proceeding, it is still imperative that you get in touch with your mortgage lender and find an experienced Wellington short sale agent for their invaluable assistance.

Let us walk you through the process, give you all the information you need, and provide you with all the necessary tools with our Loxahatchee short sale services.

Call Katerina Gasset at 561-502-1577 today to get all your Loxahatchee short sales questions answered or visit http://wellingtonfloridashortsales.com for more information.

What Is A Real Estate Housing Hell?

Real estate is NOT National- Not Regional- But very local! 

Our great negative newspaper loves to spread ill will it seems. Doom and gloom sells papers I suppose or else why would they keep reporting this stuff?? 

Here is a snippet from our local paper:

” South Florida and the Sunshine State are stuck in housing hell…”

What is the point of this statement? What part of South Florida or what part of the Sunshine State is he referring to specifically? How verifiable is his statement and what investigative reporting and research did he do prior to writing this statement and the rest of his article?

How many real estate brokers did he talk to to verify this statement?

And did he talk to top producing brokers and agents who are kicking butt with sales in South Florida or is he asking those about to give up being an agent and not renew their dues at the end of the year?

All answers to open ended questions are the result of perspective, attitude and one’s own understanding.

What is a housing hell? 

That is quite a scary term if you ask me. Would this cause homeowners to just give up and not even try to do a short sale first if they can not pay their mortgage payments? 

Would this cause people who need to sell, to just walk away or not to sell? 

Real estate is very local. Very local. 

In Miami for instance, the prices along the waterfront, South Beach, Miami Beach- went up over 50% in 2011! There are bidding wars, people are coming to Miami from Brazil with cash to buy penthouses and other waterfront condos! The new units are selling fast! They are ahead of their projected sales in new condo projects. 

Is that housing hell? I don’t think so!! 

In Wellington we have wonderful horse farms and equestrian properties that are sought after year after year. We only have about 19% of our inventory on the market labeled as short sales and very few foreclosed properties. We are selling and closing properties in Wellington Florida as our many other agents in Wellington Florida. 

We have more buyers requesting properties to buy here than we have had in years. Our buyers agents are so busy with the leads we send to them that they are telling us they can’t handle any more people to work with until the help those they are helping. 

Is that housing hell? I don’t think so!!! 

What Is A Real Estate Housing Hell?

Real estate is NOT National- Not Regional- But very local! 

Our great negative newspaper loves to spread ill will it seems. Doom and gloom sells papers I suppose or else why would they keep reporting this stuff?? 

Here is a snippet from our local paper:

” South Florida and the Sunshine State are stuck in housing hell…”

What is the point of this statement? What part of South Florida or what part of the Sunshine State is he referring to specifically? How verifiable is his statement and what investigative reporting and research did he do prior to writing this statement and the rest of his article?

How many real estate brokers did he talk to to verify this statement?

And did he talk to top producing brokers and agents who are kicking butt with sales in South Florida or is he asking those about to give up being an agent and not renew their dues at the end of the year?

All answers to open ended questions are the result of perspective, attitude and one’s own understanding.

What is a housing hell? 

That is quite a scary term if you ask me. Would this cause homeowners to just give up and not even try to do a short sale first if they can not pay their mortgage payments? 

Would this cause people who need to sell, to just walk away or not to sell? 

Real estate is very local. Very local. 

In Miami for instance, the prices along the waterfront, South Beach, Miami Beach- went up over 50% in 2011! There are bidding wars, people are coming to Miami from Brazil with cash to buy penthouses and other waterfront condos! The new units are selling fast! They are ahead of their projected sales in new condo projects. 

Is that housing hell? I don’t think so!! 

In Wellington we have wonderful horse farms and equestrian properties that are sought after year after year. We only have about 19% of our inventory on the market labeled as short sales and very few foreclosed properties. We are selling and closing properties in Wellington Florida as our many other agents in Wellington Florida. 

We have more buyers requesting properties to buy here than we have had in years. Our buyers agents are so busy with the leads we send to them that they are telling us they can’t handle any more people to work with until the help those they are helping. 

Is that housing hell? I don’t think so!!! 

Beware of Mortgage Payment Reduction Notices

Beware of Mortgage Payment Reduction Notices 

Every time the government comes out with some kind of program that is supposed to help homeowners there are companies that use marketing tricks to take advantage of that information. 

There is nothing wrong with piggybacking off of the news or events. In fact that is very smart to do in your marketing for any company. 

However, there are laws that must be obeyed when it comes to advertising and there are laws against false or deceitful advertising especially in the real estate and mortgage space. But that does not stop those who will use false advertising from doing it. And they tend to do it on a big scale. 

The biggest trick they use it to make their mail look official as if it is from the government or from your lender. 

Be very careful. There are so many scams out there. And there are a lot of “almost scams” – the ones that just toe the line to really look out for. 

Right now there are these “payment reduction notices” being mailed out. We actually received one. The dead give away on ours was it was stating on the notice that our bank had our payment reduction in their “pending review” department. Well, the pending review that was listed was from a bank we had over 8 years ago and had refinanced with a new bank since then. 

They make the mailer look very official. 

It contains: 

  • An official looking ID number. 
  • Department phone number that looks official ( after all we call government offices, departments) 
  • Payment Reduction Status- then it says there- PENDING REVIEW
  • Code- Oh yes, a code sounds important, doesn’t it? 
  • Then it says they have important information about your loan. Sounds serious! 
  • Address Personal ID number- yes, that sounds official, like a government usage of words
  • Notice Type: Homeowner relief ( this is the part that makes it appear like it is the government program) 

Regarding: Home Loan Assistance Program. Hmmmm, that is the name of the government program. But this is NOT the government program they are sending out. This is where you need to be very careful. If you think you are calling the homeowner’s relief program you will likely believe that the offer being offered to you is something that is good for you when in actuality it is not going to be. 

Please be careful and don’t fall for these false advertising Mortgage payment reduction notices. 

Palm Beach County Foreclosures Are Full Steam Ahead! Maybe You Should Do A Short Sale

Palm Beach County Foreclosures are back in full swing again. The robo-signing disputes are pretty much over. All of 2011 we did not see very much foreclosure activity or many foreclosure lis pendens filings because 1. the banks were dealing with the robo-signing problems and 2. the big banks were waiting to see what they were going to end up negotiating with the administration. 

Last month almost 1,200 homes went into foreclosure! That is an increase of 58.5% over the same time last year. 

Sharon Block, the Court Clerk said she was not suprised at all. They were expecting this increase because of the delays from last year. 

The state of Florida is loooking for ways to deal with the 368,000 backlog in foreclosure courts. We need to be mindful of what those changes will be because you want to protect your property rights. There is a bill that just passed the house and is now in the state Senate regarding a fast track for foreclosures. 

Completed foreclosures are now also on the rise. In February there were 929 properties advertised for sale and about 68 % of these were closed on schedule. That is compared to about 49% from a year ago. 

If you have been living in your house without making payments for a few years, that time may be coming to a quick end for you shortly. It may be time for you to start making your plans about where you are going to move once the bank forecloses on your property. 

There may still be time for you to complete a Palm Beach County Short sale. Contact Nestor Gasset or Katerina Gasset at 561-753-0135 for a confidential short sale evaluation on the phone. You may even qualify for relocation cash to help you move from your lender. 

Selling Your Wellington Fl Home

Selling Your Wellington Fl Home

There are many things you need to consider when deciding to sell your Wellington Fl home and also before you choose your Wellington real estate agent. 

The first thing you need to do is decide on whether you want to sell your home or not. Do you really need to sell or just want to sell your Wellington home? 

If you are relocating, most often selling your Wellington home is going to be your decision. 

But if you are not relocating you should decide on why you want to sell your home.

Where are you planning on moving to and when? Are you going to rent a home or buy another home? 

Can you stay in your Wellington home for the next six years or so in order to gain back some of the equity lost in the real estate bust? 

Is your home going to be a Wellington Short Sale? 

Does your home need a lot of repairs? In this market depending on what price your Wellington home will fetch will determine in what condition your home should be in. The higher the price point of your home, the more in perfect condition it will need to be in to get a decent offer. 

Nestor Gasset and Katerina Gasset at International Properties and Investments LLC can help you go over all your selling home options. We have advised homeowners who would NOT benefit from selling their home to NOT put their home on the market. Call us today at 561-753-0135. 

Royal Palm Beach Hires Company To Track Foreclosures

Royal Palm Beach hires a company to track homes that are in foreclosure. 

The Royal Palm Beach village council voted and confirmed they will be hiring a third party company, Federal Property Registration Corp to track foreclosures. Royal Palm Beach has been doing this work in house and it is very time consuming and not an effective task for a city to undertake. 

There was a difference in what Royal Palm Beach village was finding and what the company was finding. The company can track back further than the city was able to do. The city had a staff who tried to do it themselves for three months. 

The company collects a fee of $75 per registration and the village charges $150 per registration. This company services about 25 communities in Florida, Georgia and Pennsylvania. 

It was a unanimous decision of 4 to 0 in favor of hiring this company to track and monitor the foreclosures in Royal Palm Beach Florida. 

Short Sale Closings- Another Successful Short Sale Closing

Short Sale Closings- Another Successful Short Sale Closing  

We take pride in closing our short sales and treating our sellers with dignity, respect and empathy as they deal with this chapter in their lives. It is great to help sellers close this door and move on with their lives. With tenacity and assertive proactive actions we make sure that the short sale lenders understand our sellers’ positions and see that it is in everyone’s best interest to not go down the foreclosure path. 

Here is another testimonial from one of our short sale sellers that we closed on: 

Dear Nestor and Katerina, 

I am writing this letter to express my complete satisfaction and gratitude for helping me short sale my property.  I cannot thank you enough for helping me through my short sale process.  You guys have gone above and beyond what I had expected and have made me feel as if I was a dear friend and not another client.  I am especially pleased with the professional service you and your staff  provided me, it has been first class.  Your knowledge and timeliness has saved me time and money.  I could not believe how quickly you worked to get my property sold.  I am happy to recommend International Properties and Investments to any that ask, confident that they will experience the same satisfaction in service that I have. 

Sincerely,

Steve Fierro 

Why We Are Members of Miami Association of Realtors® and How That Benefits You

Why we are members of Miami Association of Realtors® and How That Benefits You

International Properties and Investments LLC- we are members of three Realtor® boards in our markets. We are members of the Realtor Association of the Palm Beaches, the Realtor® Association of St Lucie and we are also members of Miami Association of Realtors®. 

Miami Association of Realtors® is our favorite board of realtors®. Miami Association of Realtors® combined with some boards in Ft Lauderdale, Broward county and areas of Miami/Dade county. There used to be so many boards to join in South Florida that it was actually cost prohibitive to do business in the Miami metro areas and Broward county because you would have to belong to so many different boards if you had agents in many markets. 

The smartest thing that Miami Association of Realtors® did was merging and becoming the power board they are now. There is power in numbers. 

How does being a member of the Miami Association of Realtors® benefit our sellers and those who are thinking about listing with International Properties and Investments LLC? 

The reach is huge… if you want your property marketed on an international scale and be front and center with foreign buyers there is no other board who can deliver the power of international marketing the way that Miami Association of Realtors® can.

Your property gets marketed in 19 different languages and vast U.S. and International exposure on over 500 websites. We also send your listing to all the members of our network with foreign companies in the International Referral network. 

Miami Association of Realtors® partners with real estate professionals in many other countries like Brazil, Columbia, Panana, Costa Rica, Mexico, Argentina, Puerto Rico, the Caribbean, Belize, Chile, Bulgaria, Denmark, Norway, Portugal, Italy, Russia, Lithuania, Estonia, Latvia, Poland, Hungary, France, Spain and the United Kingdom. 

South Florida is the leader in selling properties to foreign buyers.

Foreign buyers like Polo Players and Equestrian riders and horse owners come to Wellington Florida to purchase Wellington Equestrian horse farms.

Foreign buyers come to the Miami Beaches to buy waterfront condominiums.

Foreign buyers come to South Florida for lifestyle and to open up new businesses here. We welcome foreign buyers. 

Nestor Gasset and Katerina Gasset are Certified International Property Specialists and network with real estate professionals from many different countries. 

List your property with International Properties and Investments LLC for to get your South Florida property marketed to more foreign buyers. 

Why We Are Members of Miami Association of Realtors® and How That Benefits You

Why we are members of Miami Association of Realtors® and How That Benefits You

International Properties and Investments – we are members of three Realtor® boards in our markets. We are members of the Realtor Association of the Palm Beaches, the Realtor® Association of St Lucie and we are also members of Miami Association of Realtors®. 

Miami Association of Realtors® is our favorite board of realtors®. Miami Association of Realtors® combined with some boards in Ft Lauderdale, Broward county and areas of Miami/Dade county. There used to be so many boards to join in South Florida that it was actually cost prohibitive to do business in the Miami metro areas and Broward county because you would have to belong to so many different boards if you had agents in many markets. 

The smartest thing that Miami Association of Realtors® did was merging and becoming the power board they are now. There is power in numbers. 

How does being a member of the Miami Association of Realtors® benefit our sellers and those who are thinking about listing with International Properties and Investments ? 

The reach is huge… if you want your property marketed on an international scale and be front and center with foreign buyers there is no other board who can deliver the power of international marketing the way that Miami Association of Realtors® can.

Your property gets marketed in 19 different languages and vast U.S. and International exposure on over 500 websites. We also send your listing to all the members of our network with foreign companies in the International Referral network. 

Miami Association of Realtors® partners with real estate professionals in many other countries like Brazil, Columbia, Panana, Costa Rica, Mexico, Argentina, Puerto Rico, the Caribbean, Belize, Chile, Bulgaria, Denmark, Norway, Portugal, Italy, Russia, Lithuania, Estonia, Latvia, Poland, Hungary, France, Spain and the United Kingdom. 

South Florida is the leader in selling properties to foreign buyers.

Foreign buyers like Polo Players and Equestrian riders and horse owners come to Wellington Florida to purchase Wellington Equestrian horse farms.

Foreign buyers come to the Miami Beaches to buy waterfront condominiums.

Foreign buyers come to South Florida for lifestyle and to open up new businesses here. We welcome foreign buyers. 

Nestor Gasset and Katerina Gasset are Certified International Property Specialists and network with real estate professionals from many different countries. 

List your property with International Properties and Investments LLC for to get your South Florida property marketed to more foreign buyers.