For those that dislike to do Short Sales...I'm here to tell you I do too! It's a lot of paperwork, time spent on phones and a LONG tedious process to get from start to finish.
BUT......
There are exceptions though. I had the pleasure to work with a fine upstanding family who wanted to do the right thing. They had no choice but to list as a short sale after finding out through an independent appraiser that their home was not worth what they bought it for in 2007.
And there are the exceptions for those servicers at the borrower's lending institution who go above and beyond to help get the transaction through quickly....that make it an actual pleasant transition. I had the pleasure...this time...to work with great team players.
From start to finish....this short sale took a whopping TWO months and THREE weeks.
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Hawaii Home Buyer | SOME Military Qualify for Extended Tax Credit
The Home Buyer Tax Credit ended on April 30, 2010 but there are some "Qualified service members" (which means a member of the uniformed services of the U.S military, a member of the Foreign Service of the U.S., or an employee of the intelligence community) that may still qualify for the extension of this Home Buyer Tax Credit. Qualified service members who are ordered on a period of official extended duty are extended for one year. For these home buyers, the tax credit applies to sales with a binding sales contract in place on or before April 30, 2011 and closed by June 30, 2011.
READ THE DETAILS HERE:: http://www.federalhousingtaxcredit.com/service_mem.php
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Celeste "Sally" Cheeseman is a Realtor-Associate with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs she serves all Hawaii Home Buyers and Sellers on the island of Oahu (Honolulu County) including all Hawaii Military Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents.
Website: www.hawaiihomesmarket.com
We've heard many stories about how unfortunate circumstance befall a household where they no longer can afford to pay their mortgages. We've heard many stories of trying to ‘beat the system' or walking away from a home they no longer want. We've all heard ...and seen....the disarray of a home for those that just no longer cared because the bank would not help them modify their payments or help them through a short sale.