Category: Videos

How To Choose The Right Realtor- VIDEO

Posted on by Jenny Zamora

When searching for the right Orlando real estate agent to meet your needs, keep these important things in mind.

Real estate agents in the state of Florida go through endless hours of special training to ensure they know all the real estate laws in their state. Going it alone without the representation of an experienced realtor is dangerous and can cause you to slip up and lose a deal or even worse, end up in legal hot water.

Traditional real estate marketing through the MLS and other network channels is effective so make sure that your Orlando Realtor is active every day maximizing exposure to their properties.

The Realtor that you choose should also have a strong online presence through their own websites and social media profiles.

How To Choose The Right Realtor

The following are three vital tips to help you find the right real estate agent for you.

 

1- The right Realtor may have information on financing that may allow you to progress through the process more effectively and avoid the challenges you may normally encounter.

 2- See if they have online capabilities like virtual tours and walk-throughs which will do wonders when showcasing the property and making it available to the largest amount of potential buyers possible.

3- Always ask if they have online testimonials are positive reviews they could direct you. Having the right real estate agent in your corner can save you time and money so make your choice wisely.

 


 

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Alternatives To Short Sale

Posted on by Jenny Zamora

Alternatives To Short Sale Video

 

If your lender doesn’t agree to a short sale on your house, there are several other options available to you.
One option would be a “deed in lieu “, which is basically a voluntary foreclosure and all that happens is that you sign the property back over to the bank without going through the whole legal process involved with a foreclosure. You should be aware however that a deed in lieu will show up on your credit as a foreclosure.

 

Another option available to you, if you’re interested in trying to keep your house is a loan modification.  A loan modification is when we try and get the terms of your loan adjusted so that you can afford to keep your home. We do this by either getting your payment reduced or reducing the principal balance or both.

 

Bankruptcy is also an option to avoid foreclosure. There are 2 different types of bankruptcies, a chapter 7 and chapter 13. In this case you would need to talk to a Bankruptcy attorney, and most of them will give you a free consultation on the initial visit.

What if you just let your house go to foreclosure?

 

I would highly recommend that you don’t take this approach because you are just giving up, and when you give up then you’re giving up all control of your situation to the bank and then they can do what they want at that point.

 

Also, don’t think that just because you let it go to foreclosure, that you will be free of that debt. Actually the opposite will probably happen and the bank will hit you with a deficiency judgment for the difference between what you owe and what the property sold for at the auction.

 

So please if you find yourself in this situation, consult with a licensed real estate professional figure out what your best option is and take action.

 

Feel free to call us at 407-902-7750 or visit us at https://orlandorealtyconsultants.com/short-sales/

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Top Orlando Realtor Breaking News! VIDEO

Posted on by Jenny Zamora

An outrageous claim made today by a top real estate brokerage… Orlando Realty Consultants guarantees to sell your house in 30 days or less for top dollar or they will buy it themselves!

You heard it, right folks! Any Price, condition, or situation!

Even if you’re facing foreclosure!

This team of short-sale experts will get the job done no matter what Jenny Zamora Owner and broker of the company says their unmatched success rate at selling homes for top dollar is credited to her team of highly experienced Orlando realtors.

Top Orlando Realtor Breaking News

By utilizing their “easy exit listing agreement” there’s absolutely no risk for homeowners because they can cancel their listing at any time with no cancellation fee!

Orlando homeowners that want to sell their home fast for top dollar should contact Orlando Realty Consultants immediately by using the information at the bottom of the screen.

Good Night Orlando!

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Who Decides The Value Of A Short Sale?

Posted on by Jenny Zamora

Who Decides The Value Of A Short Sale?

 https://orlandorealtyconsultants.com/short-sale-experts/
The valuation of a short sale, as determined by the short sale lender, is probably the single most important factor of the transaction.

The way it works is; after an offer gets submitted to the lender, the bank will then order a BPO.. AKA [Brokers price opinion] on the property.

 This person will usually be a local realtor that will go out to the property, and after doing their research on recent sales in the neighborhood, will give the lender their opinion of what the property is worth.

Whatever, the BPO comes in at will be the negotiating point between the lender and potential buyer.

Does it matter if the house needs repairs?

Yes, it does matter and that is something that they are supposed to take into consideration when giving their estimation of value.

After they do the BPO there are 3 things that can potentially happen that will dictate what follows.

1- The BPO comes in at a fair number that everyone is happy with and we proceed to closing.

2- The BPO comes in too low and the bank insists on another one being done.

3-The BPO comes in so ridiculously high that the buyer threatens to walk. Now when this happens, the agent must do whatever it takes to prove to the bank, that the BPO agent got it wrong.

We do this by preparing an in depth report of our own called a CMA which is also known as a comparative market analysis. This report contains even more information than the BPO agent provided them with.

What a CMA basically comes down to is a list of Active, Pending and Sold properties in the area. And the whole purpose behind this is to get the lender to order another BPO or if we’re lucky they’ll just use ours.

In the end, after all the dust settles, the lenders are the ones that decide how much they are willing to accept for the property.

I hope this was helpful in answering your questions. Feel free to call us at 407-902-7750 or visit https://orlandorealtyconsultants.com/short-sale-experts/ for Free short sale help.

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Short Sale With No Hardship

Posted on by Jenny Zamora

Short Sale With No Hardship – Video

Normally, homeowners that are no longer able to continue paying their mortgage are going through some kind of hardship such as job loss, decrease in pay or hours, health issues, divorce, mortgage payment increase,
even incarceration.

Sometimes.however, people need to sell their home not because of a hardship, but for other special circumstances like a job transfer, military deployment, etc. And, in most cases, for the reasons I just mentioned, lenders have been very accommodating to those that need to sell.
There is another reason however why homeowners want to short sale there home and that is simply to get out of a bad investment.
These homeowners know that they owe the bank way more money than the house will ever be worth and they just want to get that debt off their back and get on with their lives.
The can afford to keep making their payments… but they hate the idea of paying on a mortgage with a principal balance that is a lot more than their property is worth.

 

So, the question is…Can you short sale your home without being behind on your payments so that your credit doesn’t get damaged?

 

The truth is that there’s no way of knowing until you try. Some lenders are more flexible in that respect than others and the only way to know is to give it shot.
It’s important to be aware that many short sale lenders.are controlled by the guidelines of the investors that own the loan.
So while a loan may be serviced by Wells Fargo or B of A or whoever, the loan is actually owned by another entity.
and It’s that other entity that decides on accepting or declining your short sale.

From our own experience. Most investors do require that the sellers have missed mortgage payments, and others do not.

 

Unfortunately, you just don’t know how things will play out until you start the short sale process with the lender.

If you’re current on your mortgage but would like to short sale your Orlando property, call us at 407-902-7750 or visit https://orlandorealtyconsultants.com/short-sales/
One of our short sale experts will give you a free “analysis of your situation” so that you can find out what your options are and move forward with the knowledge that you need to make the right decision.

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