Comments on: Absolute Proof Banks Are Now Favoring ‘Short Sales’ http://www.kcmblog.com/2009/10/30/todays-talking-point-103009-2/ Building a Home for Real Estate Information™ Tue, 07 Feb 2012 22:58:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Steve Harney http://www.kcmblog.com/2009/10/30/todays-talking-point-103009-2/comment-page-1/#comment-130 Steve Harney Sat, 31 Oct 2009 03:25:47 +0000 http://steveharneyblog.com/?p=1025#comment-130 Natasha, What you wrote was beautiful. It is more than just the money. Our neighbors need help and it is up to us to help them. If we concentrate on helping people, the money will take care of itself. <strong>Thank you for being you!!!</strong> Steve Natasha,
What you wrote was beautiful. It is more than just the money. Our neighbors need help and it is up to us to help them. If we concentrate on helping people, the money will take care of itself.

Thank you for being you!!!

Steve

]]> By: Natasha http://www.kcmblog.com/2009/10/30/todays-talking-point-103009-2/comment-page-1/#comment-129 Natasha Sat, 31 Oct 2009 02:58:35 +0000 http://steveharneyblog.com/?p=1025#comment-129 Steve the more I think about it and read your blog I see that it's necessary to learn more about short sales not only to bring me new business but to help the people who really needs the help. Since your suggestions I've taken three webinars, awaiting the start of the online course scheduled for November and signed up for Phil's class in Nov. - I've learned new things about the process and really looking forward to the new info I'll receive in the next few weeks. Thanks for your help! Steve the more I think about it and read your blog I see that it’s necessary to learn more about short sales not only to bring me new business but to help the people who really needs the help. Since your suggestions I’ve taken three webinars, awaiting the start of the online course scheduled for November and signed up for Phil’s class in Nov. – I’ve learned new things about the process and really looking forward to the new info I’ll receive in the next few weeks. Thanks for your help!

]]> By: Philip Tesoriero http://www.kcmblog.com/2009/10/30/todays-talking-point-103009-2/comment-page-1/#comment-128 Philip Tesoriero Fri, 30 Oct 2009 20:13:53 +0000 http://steveharneyblog.com/?p=1025#comment-128 Thats great News ! I have not recieved a letter like that yet but glad they are starting to show us something . Dealing with the loan investors directly has been improving.Having better luck with a few BOA deals latly,but the servicers are killer,its just not in there best financial intrest to resolve in a shorter time period. I have been using a few new tools to get better results when dealing with them but ultimately I hope the "new" pending rules we are all waiting for will address a time frame for the loss mit people to respond within. . Remember the banks are looking for maximum recovery relative to the new market values.They will do more short sale deals as long as your deal makes good business sense. DONT UNDERSELL the property . I find more and more that professionals fall in the trap of thinking its a defaulted loan so it should sell way under market value,not true. There are adjustments to be made for the short sale transaction but remember its all about maximum recovery for the bank and if they feel they will get more in a foreclosure then your offer will get rejected. All the best Steve.. Thats great News ! I have not recieved a letter like that yet but glad they are starting to show us something . Dealing with the loan investors directly has been improving.Having better luck with a few BOA deals latly,but the servicers are killer,its just not in there best financial intrest to resolve in a shorter time period. I have been using a few new tools to get better results when dealing with them but ultimately I hope the “new” pending rules we are all waiting for will address a time frame for the loss mit people to respond within. . Remember the banks are looking for maximum recovery relative to the new market values.They will do more short sale deals as long as your deal makes good business sense. DONT UNDERSELL the property . I find more and more that professionals fall in the trap of thinking its a defaulted loan so it should sell way under market value,not true. There are adjustments to be made for the short sale transaction but remember its all about maximum recovery for the bank and if they feel they will get more in a foreclosure then your offer will get rejected. All the best Steve..

]]> By: Steve Harney http://www.kcmblog.com/2009/10/30/todays-talking-point-103009-2/comment-page-1/#comment-127 Steve Harney Fri, 30 Oct 2009 15:55:58 +0000 http://steveharneyblog.com/?p=1025#comment-127 Let's turn that around. It's Shorewest and maybe a little Steve Harney. Let’s turn that around. It’s Shorewest and maybe a little Steve Harney.

]]> By: Dan Ludwig http://www.kcmblog.com/2009/10/30/todays-talking-point-103009-2/comment-page-1/#comment-126 Dan Ludwig Fri, 30 Oct 2009 13:34:49 +0000 http://steveharneyblog.com/?p=1025#comment-126 Steve, I can't say enough about how I enjoy your talking points. Our office is up 20% in our market while our competition is down double digits. Advantage...Steve Harney and Shorewest Realtors1 Steve,

I can’t say enough about how I enjoy your talking points. Our office is up 20% in our market while our competition is down double digits. Advantage…Steve Harney and Shorewest Realtors1

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