8 ways the housing market has changed for 2013 - MSN Real Estate

8 ways the housing market has changed for 2013 - MSN Real Estate

I am so excited, my Realtor Status is Active again in the San Francisco Bay Area, California! Just listened to a Webinar for Short Sale Magic with Harris Real Estate University and learned a few things I was reminded of during the success I had with a previous short sale successful escrow that closed and earned me a referral of a new listing! That referral closed a sale too!  Sellers and Realtor/ Brokers remember to ask for the QWR "Qualified Written Request" from the lender. It will be sent to the seller, and it will be sent back by the seller. It will make the difference in your short sale transaction.
2013 No more Efficiency Judgements! No more cash required at close of escrow. Short Sales closing in up to 45 days! Two things banks really care about are:  1) Haraship- Seller is Upside Down 2) How much are they going to get is bottom line.  Remember to Stack the HUD....all expenses expected, put all expenses you know of against the HUD. Remember to include for example Relocation costs, HOA costs, Estopple costs-fees, Title fees and Taxes...All intentional.  If true expenses come in less the bank is so happy! Don't have to worry about protecting our commissions anymore.  There is so many people I can help! So many people in our Real Estate Profession we can help with REO properties capturing 45-50% on Fair Market Value! BPO's ordered! I can help a lot of individuals and families, I am so excited! Short Sale is one solution for 2013 that may work for some under water properties!