Don’t Sign
a Purchase Contract or Listing Agreement until you read this…
Local
Realtor Faces Foreclosure
And Short Sales His Own Home
In Less Than 2 Months!...
And Convinces The Bank To Pay The
Taxes From The
And
Now Wants To Do The Same
For YOU… At NO COST.
ATTENTION: If you are a homeowner in
Why? Because, as you continue reading, you’ll
discover how a local realtor who, over the past two years, has been helping
home owners in
Wednesday
-- 8:17 AM
Dear
Friend,
My name is
Ricardo Saldana… and in just a moment I will show why I continue to
successfully short sale homes in Palm Beach County despite the ‘buyer-less’ market
we are in and, if you wish…
How I Can
Short Sale Your Home, Too…
…At No Cost.
Maybe,
after reading this letter, you might consider visiting me. In case you do, I’m located at
But first,…
Here Is
The Story…
One
evening, back in January of 2006, while I was home having dinner with my
family, my doorbell rang.
At the door
was a man who, after obtaining a signature from me, promptly handed me 37 bound
pages of legal documents with some specific words that quickly stood out…
…“A lawsuit
has been filed against you”… “You have 30 days to respond”… “A phone call will
not protect you” and… “You may want to call an attorney right away”.
I was in shock and, to be honest, I was very
concerned that my family and I would be dragged out of our home any time… and
that I would be left with a huge mortgage debt hunting me for the rest of my
life.
You see, my
bank was suing me and…
I Now Had
Officially Been Slapped
With A Notice Of Default.
I couldn’t
afford to keep making my mortgage payments… and I did not know what to do or
whom to turn to.
I quickly
learned it did not matter to my bank that my income had almost vanished due to
a huge drop in my sales…
… or that I
had already tried five times to refinance my home to a lower interest rate -
three times with their own lending department and two other times with two
different banks.
Nothing had worked.
And as I
went back to the table clutching the 37-page law-suit in my hands, I sat down a
bit stunned and scared with a single thought reverberating inside me...
…“I Need
To Sell My Home Fast.”
But how?
According
to the Associated Press only 53% of buyers in the market were willing to buy
now and the rest wanted to wait.
SIDE NOTE: A new recent poll indicates that only
47% of buyers in the market today are willing to buy now and, according to the
AP, this number continues to decrease.
And if
someone did put a contract on my home, the contract would be based on what my
house was now worth, which meant I would have to come to the closing table with
a remaining mortgage balance of $107,000.00 - that’s how much my house had
depreciated.
To me, it
looked as if I needed a miracle. I
certainly couldn’t afford to make such a monstrous payment.
And, oh, I
almost forgot, even if I did sell my home, I still couldn’t afford to pay the
taxes from the sale.
So, what
did I do?
The only
thing I could do. With no one to turn
to, I began vigorously to learn about Short Sales.
I wrapped
my hands around piles and piles of Short Sale Courses, Books, CD’s, Email Lessons,
Online Classes, and even attended three back to back Seminars where I picked
the brains of seasoned short sale experts.
Their
insights were priceless to me. When you
have the opportunity to learn something from a Short Sale expert, and it
doesn’t cost you anything, take it.
What I
discovered was nothing short of a miracle.
Here’s The Four-Step System
That Helped Me Short Sale My Home
In Less
Than 2 Months…
… and has continued
to help me successfully Short Sale homes for my clients.
STEP 1: Market the home… to the right
buyers.
If I wanted
to short sale my home fast, I discovered I needed to market my home to the
right buyers… those who had the money to buy and were also willing to buy… now.
Who were
these buyers?... There’re only three types that qualify.
I needed to
market my home to:
A.
Whole Sale Investors – Also called ‘Flippers’, these are buyers who buy the
property, maybe make some changes to it, and then sell it again, as quickly as
possible, for a profit.
B.
Long-Term Investors – Also called ‘Buy-and-Hold’ investors, these are buyers
who buy a home, maybe fix it up, and then rent it. Their profit is earned from the long-term
appreciation of the home.
And…
C.
Retail Buyers ‘with Interest’ – These are buyers who are not necessarily investors but who are interested in your home and are willing to buy your home if the
price is ‘right’.
In a
moment, I’ll reveal why these buyers continue to swoon over the homes I’m asked
to Short Sale…
…and why
they’re compelled to buy them.
STEP 2: Demonstrate to the bank why accepting
a short sale is in
their best interest.
This is what I consider to be the SINGLE MOST IMPORTANT ELEMENT to a
successful short sale.
Even though
we may have a solid purchase offer from a willing buyer, it DOES
NOT guarantee the bank will accept it.
The bank…
after all… is who decides if a Short Sale is accepted or not.
So… how do
we demonstrate to the bank that it’s in their best interest to accept a Short Sale on the home?
By offering
them considerably compelling reasons to do so...here are two of the several I
use:
A.
An ‘Attempt-to-Sell’ History – This includes a Listing History of the property, which may
show price reductions during the listing period.
This demonstrates to the bank the market is considering
paying less for the property today and substantiates why they may receive a low
purchase offer.
(If you do not have a Listing History, there are other ways
to demonstrate price declines and low market demand, such as a recent Sales
Comparison.)
B.
A ‘Short Sale vs. REO Expense’ Ledger – This document lays out to the bank,
in a very detail and precise manner, and in their language, every single expense the bank will incur by foreclosing (Real Estate
Owning) the home and...
…of course, it also highlights, in precise detail, how
they’ll benefit by saving time, money and effort, when accepting the short sale
of the home.
In all, there are 26 pages of documents, including the two
mentioned above, that help me present a solid and compelling Short Sale case to
the banks and…
…are the reasons banks
continue accepting Short Sales for my clients’ homes
STEP 3: Negotiate with the bank to
accept the purchase offer as
‘complete and total pay-off without a deficiency judgment’
If Step 2
is the single most important element to a successful Short Sale, Step 3 might
be just as important.
Here’s why…
The
purchase price home sellers receive today will most likely not cover the entire
mortgage on their home.
In fact, as
the market continues to worsen, chances are that, once a purchase offer is
accepted by the bank, there will be a
mortgage balance left...
…a balance that will be required
to be paid off… by the seller.
And if it’s
not paid, the bank may want to seek action against the seller, for the unpaid
mortgage amount, in the form of a court ordered deficiency judgment.
Unless… of
course… the bank agrees not to take any action against the seller.
Negotiating
a ‘Complete and Total Pay-Off without a Deficiency Judgment’ was one of my
biggest accomplishments when I Short Sold my home and…
… it quickly became one of my specialties and one of the
things I most enjoy accomplishing for my clients.
STEP 4: Convince the bank to pay the
taxes from the sale of the
The only
item in your hand is the pen you’ll use to sign the closing papers from the
Short Sale of your home.
Is this a far-fetched dream?
No.
It’s actually
true.
You can come to the closing table with only
a pen in hand.
How is that
possible?
Because, if
all requirements are met, the bank can be convinced to pay the sale’s tax and ALL closing costs associated with the Short Sale of your home.
It’s
something I successfully negotiated for my self when I Short Sold my home…
…and
something I continue successfully negotiating for ALL my clients, too.
Here’s a
picture I took of my home as I left to go to the closing. It was the last picture I would
take.
Using my
four-step system, I had managed to successfully Short Sale my home.
And boy,
oh boy, what a glorious day that was!
Not just
because I was closing, but also because, on that day, the sun was shining
as bright as ever and there was not a single cloud in the sky. It seemed as if my family and I were being
given a fresh start… a new beginning.
We
actually were.
That
afternoon, when I left the title company, I realized my family and I were finally free from the huge financial burden our home had become.
Before we go further with my letter.
Now that
I’ve described to you (in a simple format) my four-step system to successfully Short
Selling a home, I also want to give you a…
Warning!
There’s A LOT of preparation that needs to be
done before any of the four steps can be taken.
Let me say
it again… A LOT of
preparation is needed.
You see,
for a Short Sale to be successful, there are a number of items that need to be secured BEFORE a Short Sale package can ever
be put together and presented to the bank.
These items
set the groundwork for a successful Short Sale and without them…
A Short
Sale’s Chance
Of Being
Successful
May Easily Crumble To Pieces.
That’s how fundamentally essential these items are.
And there
are A LOT of them.
In fact, the
check list I use to prepare for my clients’ Short Sales is almost as long as
this letter.
But don’t
worry… I won’t bore you by making you read the check list here.
However, I
do want to make two points clear.
One: If you
are facing foreclosure and you need to Short Sale your home…
You Need
A Short Sale Specialist.
And Two: If
you’ve made up you mind to take action now instead of later, you need to fill
out the form below.
It’s a
simple form that takes only seconds to fill out. (I know. I’ve timed it!)
Once I receive your form, I will personally call
you and we’ll set up a time that’s convenient for both you and me to meet at my
office.
And I’ll reveal the steps
we’ll take to finally free you and your family from the heavy burden your home
has become.
Let me
encourage you to fill out the form below now, while you are still thinking
about it.
Don’t
wait. The foreclosure clock is still
ticking and it won’t stop until you take action or the Sheriff comes knocking
at your door with an eviction notice…time
is of the essence!
I’m looking
forward to receiving your form… and helping you Short Sale your home.
Sincerely,
Ricardo
Saldana, PA
Realtor, Short Sale
Specialist
P.S. I
almost forgot. My service fees are ALWAYS
negotiated with your bank. This means
you are NEVER charged for my services. You really don’t have anything to loose… except the pain and heart
ache your home continues to cause you.
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Yes Ricardo! I want to Short Sale My Home Please Contact Me As Soon As You Receive My Submission Form Below.
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