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New Bank of America Short Sale Policy Change.
Realtors now have 8 Days to Submit a Backup Offer!
Bank of America has listened to feedback from Realtors over the last 6 months and have now agreed to a policy change to processing short sales.
If it becomes necessary to submit a backup offer during a short sale, Realtors now have a window for making the submission within eight calendar days after the initial offer becomes invalid with out having to restart over the complete file..
Any backup offer will require analysis by Bank of America and their investor approval, regardless how similar it may be to the previous offer. I have been able to get a quick reviews and answers normally within 45 days of the buyer walking away from the banks first approved price.
If no backup offer is available: Joe Kendall, Broker Associate with Sandals Realty will do the following
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The short sale will be closed in Equator System. ( Bank of America online processing system )
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I will return to marketing the property online untill be recieve another offer.
Please call me with any questions you may have regarding listing your home for a short sale.
I look forward to helping you close the current chapter in your life and opening new doors to your future.
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
  
Open House Naples Florida, January 8th 2012 Marina Bay Club Unit #309 Gulf Access Waterfront Condo for Sale !
SELLER SAYS MAKE AN OFFER ! Looking for an Outstanding Waterfront Lifestyle in Naples ? Your destination in paradise is found right here ! Great location on the waterfront and centrally located close to everything to do in Naples! Enjoy "Outstanding Sunsets Everyday" along with great amenities offered here at the Marina Bay Club !
You must see this wonderful 2 Bedroom 2 Bath Condo with amazing upgrades including granite, new cabinets, stainless steel appliances, wood flooring, the works! This unit is for the home owner who loves to entertain ! Call today to schedule your very own personalized showing of this great condo and a tour of the Marina Bay Club ! ONE YEAR HOME WARRANTY IS INCLUDED AT CLOSING !
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Naples Waterfront Condos for sale located in Southwest Florida. we are encouraging you to request local information on all the gulf access waterfront Condos in gated communities for sale from a leading bank short sale expert Joe Kendall Broker Associate with Sandals Realty. Joe will ensure you will reply to you with the most current information on foreclosures and short sale waterfront condos and homes located in Naples Florida by clicking here
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Search Thousands of condos in Fort Myers and Bonita Springs Florida by clicking Here Now is the time to buy in Fort Myers and Bonita Springs. Bank Owned property, Short Sale Property and Motivated Sellers have people buying at unbelievable prices in southwest Florida.
Fort Myers and Bonita Springs Florida have many of the finest gated communities in all of Florida. Gulf Access waterfront Homes and Condos in Cape Coral are some of the best waterfront values in all of the west coast of Florida. See why CNN Money.com named Cape Coral as the no. 2 in the country as a best place to retire.
Call or email me today to request a detailed list of what your interested in buying in southwest Florida.
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Not getting pre-approved before house hunting. Why get your hopes up looking at $400,000 homes, when you can really only afford a $200,000 home? Before you start house hunting, narrow down your price range by getting pre-approved from a local mortgage lender. Asking your Realtor for a referral to a good local mortgage Lender here in southwest Florida with local mortgage knowledge is your best move. they will work you up a good faith estimate hat spells out the likely terms of your loan, including the interest rate and closing costs in dollars amounts per line item and a grand total ( No surprises at the closing table ! ) Now you know how much of house you can afford, it also lets the sellers know that you're serious about buying. Now it's time to go house hunting with an experienced guide!
Waiting for the market to improve or not buying at all.
No matter how much research you do online, no one person or website can predict where the market is going specially here in southwest Florida, so trying to time your home purchase with the bottom of the real estate market is a waste of your time and in the long run could cost you a lot more money. If you're financially and emotionally ready to be a homeowner, you should proceed with purchasing a home. Remember, You could be building equity, getting tax deductions and enjoying the many other benefits of home ownership right now! Besides it's your life don't you want to be living it under your own control and decisions?
Making an offer without contingencies.
You need to have a back-out plan as a home buyer . If the home doesn't appraise for the purchase price, or your lender refuses to fund your loan, having contingencies on your contract gives you the right to cancel the contract and return your good faith escrow deposit. I always explain it this way, would you spend a couple hundred dollars in a store that doesn't have a 30-day return policy? Then why would you put hundreds of thousands of dollars on the line without the right to walk away? When your Interviewing Realtors to work with ask the agent "How do they protect you the home buyer and you're best interest? "
Turning down a home inspection option? All homes have defects -- including brand new construction homes, so getting a professional inspection done as a contingency before making the commitment to move forward with financing the home. Be sure to attend the inspection and go with the inspector on a grand tour of the condition of the home. This should be a 2 to 2 1/2 hour inspection of the complete home and it's components. You always have a home inspection, there is never a good reason not to have one ! Have you ever heard of Chinese Drywall ?
Buying a foreclosure without doing your Homework.
Cape Coral , Fort Myers and Lehigh Acres have leading the country over the last few years in foreclosures, but working with a real estate professional will help you sort all the information out . Many home buyers get stressed out and confused as they are so set on finding a bargain, they overlook that buying a home that needs repairs can be a stressful and expensive repairs continue on and on beyond the surface. Before buying a foreclosure that needs repairs make sure you have the knowledge of costs, skilled licensed professionals to do the work and have the reserve funds to pay the cost of repairs. ( I can help you with licensed professionals ) The foreclosure market is full of great opportunities, but many need repairs done before occupying the property. I author this information as an encouragement to you as a home buyer to clearly undersatnd the importance of with working with an experienced real estate professionial. There has never been a better time to "Buy a Home" in southwest Florida.
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Naples Florida real estate investments written by Joe Kendall, Broker Associate with Sandals Realty. There are two different choices you make make without having to pay cash and can help you avoid paying taxes.
1031 Exchanges and Self Directed Retirement Accounts : let me explain the difference and how they work.
(A) 1031 Exchanges are used by real estate investors by reinvesting profits and appreciation while avoiding taxs on your investments. They provide you the Florida real estate investor the ability to start at any level meaning the amount of investment and trade up on property without the taxes taking a huge bit out of your profits and impacting your accumulation of wealth invested in southwest Florida real estate.
(B) Self Directed IRA'S help the Florida real estate investor invest their money/funds in non traditional options such as southwest Florida real estate. this gives you the ability to steer away from tax implications that can come with investments.
I work with one of the top of the leading experts in the field of 103 Exchanges and Self Directed IRA'S in the state of Florida.
The Foreclosure and Short Sale Real Estate Market in southwest Florida remains still Strong for the real estate investor looking to grow their investments. I have been listing and closing short sale properties since 2007 and have the experience to help you grow your investments in in southwest Florida
I look forward to talking to you about southwest Florida real estate investments.
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Open House 12-2 Naples Florida ! Gulf Access Waterfront | Time to Buy!
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
CYBER MONDAY SPECIAL ! Sign a Buyers Agency Agreement with Broker Joe and recieve access to all my clients services, 12 years of experience and a One Year Home Warranty Free ! Must Buy and Close by 12-31-2012 offer expires 12-31-2011
http://www.youtube.com/watch?v=ygUpKf411qo&feature=player_embedded#!
www.youtube.com
Find out how HWA can help you get the most out of your home warranty! Ollie the Orange, HWA's mascot will help you learn the ins and outs of what a home warr..
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Foreclosures in Cape Coral Florida written by Joe Kendall, Broker Associate with Sandals Realty. Two of the main points of buying a foreclosure is (1) Don't judge a book by it's cover ! (2) The best value in price in a pool home where the pool water is the color green and their maybe tadpoles swimming in the pool ! in almost every case, this reflects in a much lower asking price compared to the cost of repairing / cleaning up the problem, then a well maintained yard and clean operated pool.
Cape Coral Florida Foreclosures come in every shape, color and style ! There are some that do need your attention, but the rewards of a found treasure can be yours!
You can request a complete list of Foreclosures in Cape Coral and through out southwest Florida by emailing me here
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Gulf Access Waterfront Real Estate in Fort Myers Florida, written by Joe kendall Broker Associate with Sandals Realty. This is a picture of a gulf access waterfront home that was recently sold as a bank owned property in Fort Myers Florida. Home Buyers from all around the country and many outside the United States are focusing on waterfront property in southwest Florida.
The past several years of declining values of real estate in florida specialty in southwest Florida has brought a lot of attention to home buyers that have always wanted to own a home in Florida.
The last 6 months PRICES HAVE STABILIZED AND are slightly on the rise. The National Association of Realtors has complied figures of increased listing prices across the county and Fort Myers leads the county with a 30% increase in listing prices over the last 12 months and many people understand the price declines are over and now is the time to buy your Florida vacation home.
This home sold in 2006 for 1.2 million and SOLD for under $500,000 Now is the time to buy your waterfront home in Southwest Florida.
Call or email me today for a complete list of Gulf Access Waterfront Homes today. Why not start working with a Buyers Agent and let my years of experience and negotiating skills help you getting your best price and terms on your dream home.
Ask me today about Buyer Agency Agreements in Florida and insure you have someone working for You!
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Fort Myers Florida. Stoneybrooke has grown in popularly over the years as a well maintained family oriented gated community in Fort Myers. Located close to southwest International airport and close to many of Fort Myers finest club courses it has grown in popularity among people moving to southwest Florida.
Stoneybrooke is loaded with amenities for the entire family and features many two story homes ranging from 2,000 to 3,200 sq. ft. of living area. The choices and styles of homes will meet the requirements of the most pickiest home buyers. if you are moving here to southwest Florida you should schedule a time with me to view the development and tour the many many different style of homes currently on the market here in Stoneybrooke. You can you can learn more about the community by clicking on the STONEYBROOKE HOME OWNERS ASSOCIATION PAGE RIGHT HERE
I invite you to tour this development with me and allow me to show you all the fine amenities and lifestyle here in stoneybrooke. you can request a most up to date list of homes for sale by accessing my email by clicking here
search the local MLS SERVICE THROUGH MY NAME BY CLICKING HERE
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Cape Coral Florida real estate, written by Joe Kendall, Broker Associate with Sandals Realty. Pre - Foreclosures / Short Sales located here in Cape Coral Florida, here is pictured one of my current listings in Cape Coral Florida.
I have been helping people avoid foreclosure since 2007 and this is another one of those efforts. the current Seller paid over 500,000 for this home and 128,000 in 2006 for the vacant lot. This is a 4 bedroom, 3 bath, 3 car garge home with over 3,400 sq. ft. of living area under air !
We are working with Chase Bank on this propety for the hoime owner and are currently waiting on your offer.
 
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Cape Coral Florida Real Estate. This bank owned property photo was provided by Joe Kendall, Broker Associate with Sandals Realty. Search all the homes for sale in Cape Coral Florida including all the bank owned and short sale property by clicking here
Signing up for a free search account provided by Joe Kendall Broker Associate with Sandals Realty will provide you all the detail information about every property for sale in Lee County Florida, including all the Foreclosures, bank Owned and Short Sale property
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Are you looking for a Short Sale Expert in Cape Coral, Fort Myers, Bonita Springs or Naples? I would like to introduce myself to you. My Name is Joe Kendall Broker Associate with Sandals Realty and I have been closing short sales since 2007 and I would be more then happy to pay you a referral fee for your short sale clients.
Yes, I can help You, your friends and neighbors, I have been closing short sales since 2007 and I have closed many short sales with most of them have come with a full release of any future deficiency to the home owner. Here are just a few of them.
  
GMAC Bank of America Bank Of America
  
Bank of America Joe Knows Short Sales ING Direct
  
JP Morgan Saxton SunTrust
So are you looking for a short sale expert? I am not sure there is such a person, but I am professional, Personable and Yes, I close Bank Short Sales and my mission is to achieve a full release of any future deficiency to you by your lender.
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
Bonita Springs- Estero -short- sale- information. Written by Joe Kendall. Broker Associate with Sandals Realty . Question for you, was you Loan Modification denied by your lender? Are you facing a possible foreclosure situation? I can help you avoid foreclosure !
Short Sale Avoid Foreclosure Advice written By Joe Kendall, Broker Associate with Sandals Realty. The Hardship Letter is the most important and is a major factor in getting your short sale approved by your lender along with your documentation supporting this letter. ( I can go over this when we talk in Person)
I would like to give you some tips in how to write a hardship letter to your mortgage lender greatly improving your chances of the bank understanding your own personal situation.
Remember you are composing the "hardship letter" for your bank or your mortgage servicing company, do not write a book because most likely it will not get the attention your trying to receive from the lender. The person that is going to read this is someone that understands general information that is factual.
Please Keep it to one page (Do Not Type It , but write it out with an ink pen or print the letter out in ink, again Do Not Type This Letter !) be right to the point, put the emotional aspect in the beginning and in the closing your message.
Here is an example list of hardships that lenders consider:
Illness (explain before and after effects)
- Loss of Job ( what income you made before and now current, explain in the unknown future if it's unclear.
- Reduced Income (what you made before and what is now current )
- Failed Business ( how much was invested, how much money was lost and how this has impacted you currently)
- Job Relocation ( forced to relocate ( current mortgage payment and what your new mortgage payment will be in our new location ) show your current income can not support two homes in a simple math problem)
- Death of Spouse or C0-Borrower
- Death (supporting documents )
- Divorce (support documents )
- Marital Separation (how this has impacted your ability to pay all your current bills )
- Reduced Income (what was it before and now )
- Medical Bills List all the bills current and future balance , list how much money you are currently behind)
- Damage to Property (natural disaster or unnatural)
Here I explain in detail more about what may qualifty you for a short sale. Click Here
Now that you understand what your lender or servicer is looking for, it’s time to sit down and write a hardship letter. . Make sure you make it unique to your personal situation. Do not talk about local or national media issues, make it very personal coming from your heart.
Remember that your hardship letter is a very important part of the workout process.
Example Hardship Letter:
Name: (Your Name)
Address: (Your Address)
Lender Name: (Your Lender)
Loan #: (your Loan #)
To Whom It May Concern:
I am writing this letter to explain my/our unfortunate set of circumstances that have caused us to become behind in our obligation to maintain our current mortgage payments . We have done everything in our power to make ends meat but unfortunately we have fallen so far behind that it looks very bleak so we are asking for your help. (ADD YOUR PERSONAL, EMOTIONAL FEELINGS HERE )
We would like you to consider working with us to modify our loan or doing a bank short sale. Our number one goal is to keep our home and we now have come to conclusion our dream home and all we have worked for our in-tire lives is coming to end end and we have to come to terms with this. Please understand it's very hard and we did not ask for ourselves to be in this situation we are in today.
The main reason that caused us to be so far behind is ( insert the No 1 reason here and be to the point ) Soon after being late and our income not being no where near enough, we had fallen further and further behind. It’s now to the point where we cannot continue to catch up or pay what is owed to you. It has always been in the past and up to now, to fully meet our monthly obligations to pay what we owe and stay current. But at this time we have exhausted all of our income and resources so we are asking for your helP
(The approximate date start of the hardship, we believe that our situation is ? on future timetable is ? )
Our situation has got-ton worse because (reason here) and we feel that if you could rework our loan balance and mortgage payment or agree to do a short sale? We feel this would benefit us and (the name of the lender here). We would appreciate if you can work with us to lower or delinquent amount owed and or payment so we can keep our home and also afford to make amends with your firm.
We truly hope that you will work with us and together we can get this settled so we all can both move on.
Thank-You for your time in considering me and my family's under these hard and difficult times
Borrower’s Signatures
Date
Visit my other website's :
Joe's Youtube JoeSellsFlorida
Joe's Local Wordpress Blog View Southwest Florida
Joe Kendall, Broker Associate
Sandals Realty, Fort Myers & Naples Florida.
Waterfront, Residential Communities, Short Sale Expert
Direct Line/Cell Phone 239-560-0726
Joe's Email can be accessed by clicking here
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