Wholesale Direct Real Estate (WDRE)
utilizes our full turnkey operation to make the short sale process go through
more efficiently by having all aspects of the process done in house. We have our
own team of licensed Real Estate Consultants, Listing Coordinators, Negotiators,
and Transaction Coordinators. In addition, WDRE has years of experience in Real
Estate, Marketing, Mortgage, and Loss Mitigation Services. Our experience in
working with and for many banks and lending institutions gives us this inside
edge required to facilitate a speedy and efficient short sale process.
Most other short sale companies fail to provide the homeowner with
the service they deserve. This lack of customer service hinders the longevity of
those companies, leaving homeowners stranded when help is needed most.
We have proven results,
providing consistent customer service that the homeowners demand and appreciate. We offer our services to California homeowners only; which will allows us
to understand and relate to the challenges of our fellow citizens.
Although a short
sale is far from hassle-free, but it’s a better alternative than foreclosure.
And now you’ve got a little help to guide you on your way. Here are the facts
about short sales and how to get started:
Are you facing
foreclosure and tempted to stay in your home until the bank pulls it out from
under you?
Bad idea. Don’t do it.
A much more graceful exit is a short sale, an
agreement between you and your lender to sell your home for less than you owe.
Although there’s no guarantee that your lender will let you avoid foreclosure
with a short sale, new government regulations are aimed at encouraging lenders
to do so.
Advantages of a short sale
You can be a homeowner again more
quickly with a short sale in your past than with a foreclosure. New Fannie Mae
guidelines help you qualify for a new mortgage in as little as two years after a
short sale, as opposed to three years or more after a foreclosure.
You will have more time to make
relocation plans and save money than with a deed in lieu. A short sale may take
four to 12 months. A deed in lieu of foreclosure arrangement typically requires
you vacate your home within 30 to 60 days of signing, according to real estate
attorney Lance Churchill.
You can receive up to $3,000 from
your lender for moving expenses at the time of closing of a HAFA short sale or a
HAFA deed in lieu of foreclosure. Relocation funds are part of the incentives of
HAFA, but not necessarily for other short sale or deed in lieu programs of the
lenders.
You can help your community’s home
values. Because the lender often receives a higher amount of the remaining loan
balance than it would from the sale of a home after a foreclosure, short sales
help support home values in the surrounding community.
How to proceed with a short sale
For most individuals and families,
their home is their largest financial asset, and deciding to sell it is a big
decision that involves a lot of preparation and work. When you're ready to sell
it's important to have an experienced real estate professional handle the
details involved in the successful sale of a home for top dollar.
As experienced professionals who have helped many California residents sell their
homes, we know how to handle every aspect of the sales process - from
strategically marketing and showcasing your home to making sure everything's
signed, sealed and delivered by the closing date.
Providing you with comprehensive, high-quality listing service is our top
priority. So when you decide to sell your home, please contact us and we'll get
started!
A short sale can be a
time-consuming process, but if you can avoid foreclosure, it’s worth it in the
long run.
I
have been trying to sell my house for the past 7 months. After working with 2
Realtors with false promises and a lot of frustration, I decided to finally let
my house go into foreclosure. This was not an easy decision for me to make. A
friend of mine came to me one day and offered some advice his assistance. He
introduced me to Sam; I was very pessimistic when I first met with Sam, due to
my dealings with the previous Realtors. My friend and Sam convinced me to give
them a chance. I signed my listing agreement 8/20/2009 with Sam. Sam kept in
touch at least once a week, if not more, to give me updates as to the status of
my house. I finally received an offer. The sale of my house was not considered
to be your typical purchase. Sam handled the procedure without my involvement in
a quick and professional time frame. I am pleased to say that finally, after all
the heartache and frustration, my house sold 10/5/2009. I would use Sam again
for any future purchase or sales and I would refer him to friends and family.
Jenny
(Escondido, CA)
Wholesale
Direct Real Estate was able to educate us and help us through the short sale
process with great results. Thank each and everyone of you for your assistance
in the short sale of my property. It was smooth and relatively easy transaction.
I found your customer service manner comforting and reassuring in difficult
times like these. You have saved me from foreclosure and I really appreciate
everything you guys did to make this happen. You guys performed a miracle. You
and your team were great to work with and made the process much better than it
could have been. It was much appreciated.
Wholesale
Direct Real Estate DRE# 01878919
16855 W Bernardo Drive, Suite 350
San Diego CA 92127
Office: 877-885-9373 Fax: 858-764-5476
info@wdrecalifornia.com