Orlando FL – Occupy Wall Street Protestors are not having the best success attacking Wall Street and the banks. But, that is because they are complaining about what they think is wrong with the situation.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

If the protestors only knew the level of incompetence in the banks, then they would have a better argument. Here are some of the glaring mistakes we see the bankers make.

1. Doing an incompetent job on short sales and losing tens of thousands of dollars as a result. We have seen many banks turn down short sale offers only to foreclose on the home and sell it for $30,000 less.

2. Kicking people out of their homes only to lose more money as a result. Many people’s homes have dropped in value.

At the same time their income has dropped. But, they can afford to repay the bank, only a lower amount. But, do the banks make the loan modification process easy?

No. Instead, they kick people that could repay them $200,000 out of their homes and then sell the home for $165,000. Again, tens of thousands of dollars are lost.

Yes, I can appreciate that the Occupy Protestors are angry at how hard it is to get a job. But, what about the Americans that are kicked out of their homes?

What about the taxpayers losing thousands bailing out Fannie Mae, Freddie Mac, and FHA? A large part of that bailout cost is attributable to the lousy job banks are doing on short sales and loan modifications.

I think homeowners and taxpayers getting the raw end of the deal are the silent majority. But, we don’t have time to protest. so, the banks get away with incompetence. Enough of my rant.

Do you want to be part of the solution. Get a loan modification or short sale your home. You will be doing your part to help the economy. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at gitta@gitta.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (407) 330-2181

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Orlando loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Gitta Urbainczyk.

Gitta is a Real Estate Broker at Keller Williams Heritage Realty . Orlando Short Sales Realtor:

Phone: (407) 330-2181. gitta@gitta.com.

View My homes for sale at www.greaterOrlandohomes.com.

Gitta Urbainczyk specializes in loan modification assistance and short sales in Orlando Florida. Orlando Loan Modification Help, Orlando Short Sales. Orlando Short Sale Realtor. Orlando Short Sale Realtor Oviedo Short Sale Realtor Orlando FL Short Sales. Orlando Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Gitta Urbainczyk, Keller Williams Heritage Realty , and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Gitta’s personal views and do not reflect the views of Keller Williams Heritage Realty .

This information on Orlando Short Sales: What Occupy Wall Street Doesn’t Know About Bankers is provided as a courtesy to our viewers to help them make informed decisions.

Orlando FL – The Stop Foreclosure Institute recently received this question from another agent. Here was his question.

“”Have you had any luck getting short sales done with no deficiency with Bank of America? My seller is a young couple. They received a job transfer but are very upside down on the house. David”

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

A Quick Note: The reason he is asking this question is because Bank of America uses the same short sale approval letter for all their short sales.

A clause in the letter states that BOA and or its investors may pursue the seller for a deficiency judgment. It is a standard, boiler plate letter put together by their attorneys.

Most short sale negotiators refuse to remove that language. BOA’s legal department puts it there because it protects them against lawsuits.

But, if you are a seller then you want to know for sure that you won’t be chase down for a deficiency. If BOA won’t remove that language, then you can’t know for sure whether or not you will be pursued for a deficiency.

Here was our answer to his question. We have convinced them to remove the deficiency language on a short sale. It’s just a matter of requesting it and the owner of the loan being willing to remove it.

(Bank of America doesn’t always own the loan themselves) Ask for an approval letter that states they are waiving all future collection rights.

Also, remind the sellers they also have a risk of being collected from in the future, after the bank forecloses. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at gitta@gitta.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (407) 330-2181

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Orlando loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Gitta Urbainczyk.

Gitta is a Real Estate Broker at Keller Williams Heritage Realty . Orlando Short Sales Realtor:

Phone: (407) 330-2181. gitta@gitta.com.

View My homes for sale at www.greaterOrlandohomes.com.

Gitta Urbainczyk specializes in loan modification assistance and short sales in Orlando Florida. Orlando Loan Modification Help, Orlando Short Sales. Orlando Short Sale Realtor. Orlando Short Sale Realtor Orlando Short Sale Realtor Orlando FL Short Sales. Orlando Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Gitta Urbainczyk, Keller Williams Heritage Realty , and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Gitta’s personal views and do not reflect the views of Keller Williams Heritage Realty .

This information on Orlando Short Sales: Will Bank Of America Approve Short Sales With No Deficiency? is provided as a courtesy to our viewers to help them make informed decisions.

Orlando FL – The Stop Foreclosure Institute recently received this question from another agent. Here was her question.

“I was just told by the lender on a short sale that they will have to “close” the file because they buyer’s name changed. They said that due to Freddie & Fannie rules if the buyer’s name changes they require the file to closed and reopened.

That would cause the file to drag out another 60-90 days. It would make sense to simply process the file now rather than wait until later. Why lose all the works that has been done up until now just to do it all again 60 days from now?”

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Here was our answer to their question. That sounds like a lie to me. Threaten to call Fannie Mae. The phone number is 202-243-5400.

Call them if it takes too long to re-open the new file. Oftentimes, they will re-open the new one in a week. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at gitta@gitta.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (407) 330-2181

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Orlando loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Gitta Urbainczyk.

Gitta is a Real Estate Broker at Keller Williams Heritage Realty . Orlando Short Sales Realtor:

Phone: (407) 330-2181. gitta@gitta.com.

View My homes for sale at www.greaterOrlandohomes.com.

Gitta Urbainczyk specializes in loan modification assistance and short sales in Orlando Florida. Orlando Loan Modification Help, Orlando Short Sales. Orlando Short Sale Realtor. Orlando Short Sale Realtor Orlando Short Sale Realtor Orlando FL Short Sales. Orlando Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Gitta Urbainczyk, Keller Williams Heritage Realty , and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Gitta’s personal views and do not reflect the views of Keller Williams Heritage Realty .

This information on Orlando Short Sale Question: Is This Lender Lying To Me? is provided as a courtesy to our viewers to help them make informed decisions.

Orlando FL – The Stop Foreclosure Institute recently received this email from Karen. She had ask the us for some help on a short sale. Here was the email.

I sent an email to the lender on a short sale, utilizing the e-mail address list you provided. The email was sent at 1:43 p.m. this afternoon.

I received the Short Sale Closing Approval at 5:38 p.m. this evening. No promissory notes and no deficiency judgement.

Keep up the fight and thanks again for all you guys are doing! Karen.”

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Our techniques work to help short sale sellers walk away without promissory notes or deficiency judgments. I wish I received approval letters that quick after sending an e-mail!

We have received them in 2-3 days, but not in a single afternoon. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at gitta@gitta.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (407) 330-2181

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Orlando loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Gitta Urbainczyk.

Gitta is a Real Estate Broker at Keller Williams Heritage Realty . Orlando Short Sales Realtor:

Phone: (407) 330-2181. gitta@gitta.com.

View My homes for sale at www.greaterOrlandohomes.com.

Gitta Urbainczyk specializes in loan modification assistance and short sales in Orlando Florida. Orlando Loan Modification Help, Orlando Short Sales. Orlando Short Sale Realtor. Orlando Short Sale Realtor Orlando Short Sale Realtor Orlando FL Short Sales. Orlando Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Gitta Urbainczyk, Keller Williams Heritage Realty , and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Gitta’s personal views and do not reflect the views of Keller Williams Heritage Realty .

This information on Realtor Has Good Success Using Stop Foreclosure Institute Short Sale Negotiation Strategy is provided as a courtesy to our viewers to help them make informed decisions.

Orlando FL – The Stop Foreclosure Institute recently received an email from Mercedes. Here was her question.

“I need your help on how to escalate a file with Chase. Twelve months and still Chase claims the loan owner, Freddie Mac, will not help with buyer’s closing costs, wants a $36,000 promissory note or $15,000 cash from seller at closing!!

The buyer is willing to pay 4-5 thousand at closing and Chase claims Freddie Mac refused to accept that? I don’t believe they would rather foreclose and lose more money.” Mercedes.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Here was our answer to her question. Freddie Mac will normally pay buyer’s closing costs up to 3% of the sales price.

They have approved it on every single Freddie Mac file when the buyer needed it. In my experience, most Freddie Mac files have Private Mortgage Insurance, aka PMI.

PMI is probably asking for the $36,000, not Freddie Mac. If there is no PMI, then Chase is negotiating to hard. If that is the case, then contact Freddie direct. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at gitta@gitta.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (407) 330-2181

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Orlando loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Gitta Urbainczyk.

Gitta is a Real Estate Broker at Keller Williams Heritage Realty . Orlando Short Sales Realtor:

Phone: (407) 330-2181. gitta@gitta.com.

View My homes for sale at www.greaterOrlandohomes.com.

Gitta Urbainczyk specializes in loan modification assistance and short sales in Orlando Florida. Orlando Loan Modification Help, Orlando Short Sales. Orlando Short Sale Realtor. Orlando Short Sale Realtor Orlando Short Sale Realtor Orlando FL Short Sales. Orlando Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Gitta Urbainczyk, Keller Williams Heritage Realty , and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Gitta’s personal views and do not reflect the views of Keller Williams Heritage Realty .

This information on How To Escalate The File On A Orlando Short Sale is provided as a courtesy to our viewers to help them make informed decisions.

Orlando FL – The Stop Foreclosure Institute recently received a question from Bernice. Here was her question.

“Can an investment property that was inherited be a successful short sale without the owner having to pay back the deficiency? I am curious to know the answer. Bernice.”

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Here was the answer to her question. We would say yes. We would guess that there would be no deficiency because the loan was probably in the deceased’s name, not the person who inherited it. Go for it!

It will be a little work appeasing the bank because you don’t have the previous owner’s financials. But, I am sure an exemption can be made for that.

Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at gitta@gitta.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (407) 330-2181

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Orlando loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Gitta Urbainczyk.

Gitta is a Real Estate Broker at Keller Williams Heritage Realty . Orlando Short Sales Realtor:

Phone: (407) 330-2181. gitta@gitta.com.

View My homes for sale at www.greaterOrlandohomes.com.

Gitta Urbainczyk specializes in loan modification assistance and short sales in Orlando Florida. Orlando Loan Modification Help, Orlando Short Sales. Orlando Short Sale Realtor. Orlando Short Sale Realtor Orlando Short Sale Realtor Orlando FL Short Sales. Orlando Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Gitta Urbainczyk, Keller Williams Heritage Realty , and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Gitta’s personal views and do not reflect the views of Keller Williams Heritage Realty .

This information on Can An Inherited Property Be A Successful Orlando Short Sale? is provided as a courtesy to our viewers to help them make informed decisions.

Orlando FL – Here is a problem: Buyers don’t like short sales because of the uncertainty and the wait. How do we solve this problem?

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

During the short sale process, if the BPO gets completed and the bank won’t accept the buyer’s offer, then request that the bank to keep the file open.

There are several reasons that banks should be willing to keep the file open.

Reason #1: Their investor has already spent $65 to $100 on a BPO.

Reason #2: A bank or servicer’s job is reducing the losses as much as possible. Keeping the file open will make the property more marketable, which will cause it to sell for a higher price.

Reason #3: It will help the bank/servicer reduce their costs. It will take less time for them to approve future files, versus if the file had to be completely re-opened, a new BPO ordered, a new negotiator assigned, and the financials reviewed all over again.

In fact, congress is even thinking about making this a law on Fannie Mae & Freddie Mac short sales. Until then, we will have to petition for it on each individual file. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at gitta@gitta.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (407) 330-2181

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Orlando loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Gitta Urbainczyk.

Gitta is a Real Estate Broker at Keller Williams Heritage Realty . Orlando Short Sales Realtor:

Phone: (407) 330-2181. gitta@gitta.com.

View My homes for sale at www.greaterOrlandohomes.com.

Gitta Urbainczyk specializes in loan modification assistance and short sales in Orlando Florida. Orlando Loan Modification Help, Orlando Short Sales. Orlando Short Sale Realtor. Orlando Short Sale Realtor Orlando Short Sale Realtor Orlando FL Short Sales. Orlando Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Gitta Urbainczyk, Keller Williams Heritage Realty , and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Gitta’s personal views and do not reflect the views of Keller Williams Heritage Realty .

This information on How I Make The Orlando Short Sale Process Faster and Easier is provided as a courtesy to our viewers to help them make informed decisions.

Orlando FL – I talk about “escalating” a short sale. To put that in perspective, I am going to give you a real life example of how it is done.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

We had a house on the market for 5 months. We started the price at 425k and slowly brought it down to 375k. We received no offers for 5 months.

Then, we finally received an offer for 350k. Since we knew the bank’s appraised amount, we knew that offer wouldn’t work.

The bank’s appraisal had come in around 390k. (We didn’t think that number was the real value because buyers weren’t doing anything at that price.)

We knew that that current offer at $159,000 didn’t have a shot at getting accepted.

In order to get this file thru, we had two things to do.

1. Get a new, more accurate appraisal done.

2. Escalate the file.

To handle Part 1, we sent our own version of an appraisal to the lender. We explain to them why we did not think the appraisal was accurate and requested that they order a new one.

Then, we asked for their supervisor’s contact info. The new appraisal came back at 380k. The buyer told the bank that they would pay 365k, but no more.

The bank accepted the buyer’s offer and we received an approval and the home sold a few weeks later. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at gitta@gitta.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (407) 330-2181

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Orlando loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Gitta Urbainczyk.

Gitta is a Real Estate Broker at Keller Williams Heritage Realty . Orlando Short Sales Realtor:

Phone: (407) 330-2181. gitta@gitta.com.

View My homes for sale at www.greaterOrlandohomes.com.

Gitta Urbainczyk specializes in loan modification assistance and short sales in Orlando Florida. Orlando Loan Modification Help, Orlando Short Sales. Orlando Short Sale Realtor. Orlando Short Sale Realtor Orlando Short Sale Realtor Orlando FL Short Sales. Orlando Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Gitta Urbainczyk, Keller Williams Heritage Realty , and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Gitta’s personal views and do not reflect the views of Keller Williams Heritage Realty .

This information on Orlando Short Sales: An Example Of How We Escalated A Short Sale File is provided as a courtesy to our viewers to help them make informed decisions.