ORC Closes Another Orlando Short Sale

  ORC closes another Orlando short sale. Jenny Zamora, Listing Specialist/short sale expert known for getting her listings sold in record time for top dollar has beaten the odds once again. Now…  I don’t write about every short sale listing our company closes [or I wouldn’t have time to write about other stuff] but I felt that this one is worth sharing.

This Orlando home was originally listed by an investment group that claimed to be short sale experts and promised to get the job done fast and efficient, and of course… free of charge. In reality, they were actually wholesale flippers that ended up dragging the homeowner into deep water.

The strategy of a whole sale flipper is to submit a low offer to the bank on a distressed home in hopes that the bank will accept the offer so that they can flip the deal to another buyer without having to close on it themselves. If it works, the flippers make a few thousand bucks the seller gets rid of their problem and everyone’s happy.

However, if the bank rejects the offer the homeowner is then left holding the ball. Once the wholesale flipper realizes that they can’t make money on the deal, they will typically move on to the next potential seller [or victim] at this point leaving the homeowner in a bad situation to fend for themselves.

Getting back to our story…The lender set a foreclosure date just 30 days away and the investment group bailed on her when they couldn’t get the short sale approved. After reading our online reviews, the homeowner came to us thinking that all hope was lost and her home would surely be foreclosed on.

After consulting with distressed homeowner, we accepted the file and Jenny Zamora went to work immediately on the short sale. By using all our marketing tools as well as blasting the property details to our network of active home buyers from around the world, she quickly got the word out and managed to get serious investor interested in the property for a price that lender was happy with.

By getting all necessary documentation to the lender quickly in an organized and efficient manner, they stopped the foreclosure process allowing ample time for the new buyer to close on the property. As a result, the lender issued a new short sale approval letter that gave the buyer 30 days to close on the property even though the buyer only needed 10 days to close. 

If you’re in need of completing a short sale on your Orlando home, please, please, please beware of so-called “short sale expert investors” that promise to save you from foreclosure. Be sure to research anyone you plan on working with extensively. Many of these companies are only out for their own financial gain at the expense of the homeowner. 

It’s important to know that unlicensed investors aren’t bound by a code of ethics nor are they subject to follow the same laws that licensed realtors are. An Orlando realtor is sworn to put the best interest of the homeowner first and if they don’t, they can be prosecuted and potentially lose their license.

 

Orlando short sale expert

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Top Orlando Realtor Testimonial VIDEO

Top Orlando Realtor Testimonial VIDEO

This is the story of David Millerton. This was a special listing client because he lived in New York with his family and had no plans of coming to Florida in order to get his Orlando vacation home sold. Lucky for David that we deal with many absentee homeowners that would prefer to complete the entire process by mail.

 

We were able to help David and his family get their Orlando vacation home sold for top dollar in a very short time. The funny thing is that we’ve never even met David in person to this day.

Sometimes people need to sell their homes but they live in another state and have no time to deal with the process. At Orlando Realty Consultants, this isn’t a problem. We can do everything for you through the mail.

After an initial phone consultation with our Orlando Listing Specialist, we’ll make a plan that meets your busy schedule. From the signing of the listing agreement, all the way through to the closing of the transaction everything is done by mail.

By doing this we’ve been able to save our out-of-state listing clients thousands of dollars in airfare, rental cars, and hotel stays. Don’t take our word for it, watch the video!

Video Transcript

“I used Jenny Zamora to sell my vacation home in Orlando while Living in New York. She listed my house and we started getting offers in the first week.

The buyer was able to close in just 4 weeks. Jenny and her team at Orlando Realty Consultants made everything easy and saved us thousands in airfare by allowing us to close via Fed Ex.

I highly recommend this company if you need to sell a home in Orlando Great job Guys!”

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Alternatives To Foreclosure Exposed!

Foreclosure can be a devastating situation for homeowners as well as the surrounding neighborhood. Despite an improving economy in the Orlando, Florida area, it is important that distressed homeowners are fully aware of all the alternatives to foreclosure that are available to them. As a certified distressed property expert [CDPE], I try to ensure that homeowners in foreclosure have the latest most up-to-date information available so that they can make the most informed decision possible based on their situation.


Although lenders have the ability to start foreclosure proceedings after one payment is missed they will usually allow a homeowner to miss up to three mortgage payments before officially starting the foreclosure process. A short sale can substantially minimize the damage to someone’s future loan eligibility, credit rating, security clearance, and even employment with some companies.

It’s important to know that a foreclosure can stay on someone’s record for up to seven long years. Now more than ever, distressed homeowners should take every precaution available to them to try and protect their credit.

A short sale is the most popular way to avoid foreclosure and save your credit. However, there are several other alternatives available to homeowners wanting to keep their houses.

1- Deed in lieu- Basically a voluntary foreclosure where the homeowner signs the property over to the lender instead of going through the foreclosure process. However, you should be aware that a “deed in lieu” will still show up as a foreclosure on your credit report.

2- Loan modification- This is when a lender adjusts the terms of a loan making it more affordable to the homeowner so that they can remain in their home. Loan modifications can be tricky and many times even though the payment is reduced, the principal remains the same or even more. The best loan modification scenario is when the lender reduces both the principal amount of the loan as well as the interest.

3- Bankruptcy- Usually, a chapter 13 bankruptcy is the best way to save your house from foreclosure. It allows the homeowner to make up missed mortgage payments through a repayment plan and get back on track. A chapter 7 bankruptcy, while providing some temporary relief from foreclosure, usually won’t prevent the foreclosure of a home. The bad news is that having a bankruptcy on your record is just as bad as having a foreclosure.

Consult with a Certified Distressed Property Expert

A realtor with a CDPE designation has the knowledge and the tools to efficiently and ethically pursue alternatives to foreclosure, especially short sales. In addition to specialized training in dealing with distressed properties, CDPE agents are connected to an entire network of other professionals in this niche which allows them to remain up-to-date on the complex and ever-changing Orlando real estate market.

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Jenny Zamora Seller Testimonial VIDEO

This is the story of Amy Connor and her family. The Connors listed their Orlando home with Jenny Zamora in June of 2014.

Jenny Zamora Seller Testimonial VIDEO

 

This is the story of Amy Connor and her family. The Connors listed their Orlando home with Jenny Zamora in June of 2014.

Due to the nature of their business, they traveled out of the country often and were never around. Within the first week or so, the property was shown several times. At the end of week two, there was a contract on the home and the closing occurred just twelve days later.

Jenny Zamora was able to sell Connor’s Orlando home for top dollar in less than a month after just one initial meeting with the family, but don’t take my word for it,..just watch the video!

Video Transcript

“We listed and sold our house in Orlando with Jenny Zamora in June 2014.

Jenny and her team were able to guide us at every stage of the home selling process. We had several showings within the first 10 days of listing and subsequently had a contract within 2 weeks.

We had a lot of moving parts to the home selling due to our being in and out of the country and us moving out of state, and Jenny and her team were able to pull everything together with such ease… On behalf of The Connor family…. thank you to the Orlando Realty Consultants team!

it has been a pleasure to work with you!”

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Why Hire A Top Realtor? VIDEO

Why Hire A Top Realtor 407-902-7750

If you are looking to sell your home you don’t want just any Orlando realtor, you need the best realtor, one who is an expert in the area you’re looking to buy in with proven results.

Having the right real estate agent representing you can help you sell your home quickly and for the best price. Buying or selling a home will be one of the most important decisions of your life so make sure you hire an agent that understands exactly what you expect from them.

Orlando real estate agents are not all the same and only the top few percent of Orlando realtors do the most transactions. By choosing a top realtor, you’re giving yourself the best chance at achieving your real estate goals. Even if you find yourself facing foreclosure, a top real estate agent will be able to get your home sold by completing a short sale or loan modification.

On the other hand, choosing the wrong agent will cost you time and even worse money.  Get connected with the top realtors in Orlando today!

Call us at 407-902-7750 or visit https://orlandorealtyconsultants.com/

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