Sometimes losing a home is just the beginning of the pain
By Harvey S. Jacobs
As if losing one's home in a foreclosure or short sale were not already sufficiently traumatic, many former homeowner…
BBT Real Estate Group, LLC was founded in 2006 by CEO Brian Turner. The company is affiliated with Keller Williams Preferred Properties and provide real estate services to individuals interested in buying and/or selling real estate, educational and online services.
As the Short Sale Guru, I am able to negotiate the best Short Sale deals for all of our clients, which gives us a 100 percent repeat and referral rate, illustrating that superior service is appreciated. We educate our clients on the Short Sale process so they can make informed decisions and always help them to see the big picture in terms of how each property functions as an investment as well as a home.
Contact the Short Sale Guru via email at shortsales@bbtrealestategroup.com. We are ready to turn your real estate dreams into reality with the best in service, knowledge, information, experience and commitment.
________________________________________________________________________ ONE IN FOUR BORROWERS IS UNDERWATER
Lenders want to avoid foreclosure wherever possible that’s why they’re accepting more short sales everyday in an effort to eliminate unnecessary foreclosures. This is great news for homeowners facing financial distress. Let us show you how and help you evaluate your options and get you back on track to a secure financial future. For more questions, you can reach us at the following:
BBT Real Estate Group Team Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 Largo, MD 20774 Phone: 240-737-5024 EFax: 240-296-5024 Email: shortsales@bbtrealestategroup.com
More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they owe more on their loans than their homes are worth.
First American CoreLogic, the research firm that monitors housing equity, reported Tuesday that 11.3 million homeowners -- or 2
Urgent Tax Issue Affecting SHORT SALE Transactions
On Thursday January 21, it was brought to the attention of PGCAR that the Prince George's County Department of Finance has taken the position (similar to Montgomery County and Anne Arundel County) on short sale transactions to impose recordation and transfer taxes on the total dollar amount of outstanding debt. This is contrary to the customary practice of applying these taxes to the consideration paid or contract price. Staff at the Fi… Continue
Treasury hopes new rules send short sales to the rescue of underwater mortgages
By Tracey L. Longo
With new Treasury Department rules designed to expedite short sales set to take effect April 5, relief can't come soon enough for some area buyers…
Should you choose a Short Sale over a Foreclosure?
Short Sale Benefits
Here are a few benefits for doing a short sale that may not have occurred to you:
You are in control of the sale, not the bank.
You may sleep better at night knowing who i…
Sometimes losing a home is just the beginning of the pain
By Harvey S. Jacobs
As if losing one's home in a foreclosure or short sale were not already sufficiently traumatic, many former homeowners are learning that the day they turn in their key…
You lost your house - but you still have to pay
By Les Christie
Vanessa Corey sold this house but still owed some of the mortgage balance. Now the bank is coming after the $65,000 difference.
NEW YORK (CNNMoney.com) -- As terrible as it is to l…
Short sales soar while foreclosure sales slacken
By Buck Wargo
Las Vegas and the state may be changing from the nation’s foreclosure capital to a housing market dominated by short sales.
In the last four months of 2009, the number of foreclosur…
Why 2010 Could Be the Year of the ‘Short Sale’
By Nick Timiraos
If 2009 was the year of the foreclosure (and loan modification), then 2010 may be shaping up as the year of the short sale.
In the Phoenix metro area, the number of completed short s…
Bank of America steps up foreclosure prevention efforts
By Les Christie
NEW YORK (CNNMoney.com) -- One roadblock slowing President Obama's foreclosure prevention program seems to be clearing away. Bank of America, the nation's largest mortgage len…
Big Banks Accused of Short Sale Fraud
By: Diana Olick
Just as regulators, lawmakers and all forms of financial oversight boards are talking about new regulations to guard against mortgage fraud and another mortgage meltdown, there appears to be…
Do you know someone that is late on their mortgage, underwater, or just want to GET OUT and START OVER? PLEASE SHARE THIS MESSAGE WITH THEM. They have tried to do a Loan Modification with the bank, and the bank said "NO" for no apparent reason. Well…
What is a Deficiency Judgment?
By Justin Pritchard
Deficiency judgment are court orders that make you personally liable for unpaid debt. They are often associated with foreclosures, when a home's selling price is not enough to cover the loan bala…
In trouble and thinking about a short sale? Help is on the way.
By Kenneth R. Harney
Saturday, December 12, 2009
If you're in trouble on your mortgage and can't get a loan modification, check out the Obama administration's new standardized shor…
COMMON SHORT SALE MYTHS
MYTH #1: I must stop making my mortgage payments before the bank will approve a short sale.
TRUTH: You do not have to stop making payments on your home in order for the bank to approve a short sale. What the bank needs…
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Invite your family, friends and contacts to share this great resource. Simply click the invite button and it will send out an invitation to the desired contacts in your email database!