Integrity All Star Real Estate Team » short sale

“Home Again” after a Short Sale

Rebecca Hidalgo — Fri, 27 Jan 2012 18:09:18 +0000

Thanks to the Mortgage Forgiveness Act of 2007, Signed by Bush (Set to expire end of 2012)- SHORT SALES EXPLODED across the Nation as we saw home value plummet after 2006. Long Story short, until then, the Phantom Income written off by the banks after a Foreclosure or Short Sale was considered taxable income. Today (for now), the Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. (See link for more details) We do expect a rush towards the second half of this year on Short Sales if the current administration in office does not extend the Act; which could cause even more delays in the Short Sale process due the the increased volumes the banks may be dealing with. But with that said…

Nothing gives us more satisfaction than being able to help a family out from under a home they are upside down on and can not afford any longer, into their next home. With today’s crazy low interest rates and sales prices, now really is the time to buy. It’s usually much more affordable than renting and the key is the right counseling up front so that sooner than later, you too can be back in the buyer market again after either a Short Sale or Foreclosure.

Some can buy a “Home Again” right away, some take 2-3 years for their credit to re-coup enough in order to do so. We partner with Ryan Nelson of Academy Mortgage right up front at time of Short Sale application so we can game plan the right solution for you and your family right from the beginning of the Short Sale process. This helps to ensure we get you into your own “home again” as soon as possible.

Please call our office at 480-243-4242 to get started or Click HERE

Was one of your New Year Resolutions to…. ???

Rebecca Hidalgo — Wed, 11 Jan 2012 23:34:49 +0000

Seems the whole world at the end of any given year going into the next makes New Years’ Resolutions and Goals of things they’d like to do in the following year.

For me, to be a better Mom and Wife and take better care of my health… pretty boring stuff- somewhat the norm- I do also want to buy a home again myself as my own waiting period of 3 years after a Short Sale or Foreclosure is coming around already and I figured I probably wasn’t the only one. Since 2007, with the help from my team, we’ve helped over 300 families either Short Sale their home OR buy a home and we’d love to do the very same for you or someone you know that may need our help. If you are one of our past clients, the timing may be right for you this year to buy again too?

IF SHORT SALE is something you’ve been putting off- PLEASE DO NOT put off any longer- as it stands now, The MORTGAGE FOREGIVENESS ACT OF 2007 signed by Bush is set to expire at the end of this year. Short sales can take 3-6 months on average. If this does not get extended soon, I predict that we are going to have a rush of Short Sales towards the second half of this year which may cause additional “traffic jams” with the lenders. Some folks trying to do a Short Sale in 2012 may miss the boat entirely for the forgiveness of the “Phantom Income” that the banks issue via 1099s at the end of each year from their losses on distressed loans. DON’T let this happen to you or someone you know! Click Here to get started with the Short Sale Process

On the flip side, it’s never been a better time to buy- RATES are @ 4% and sales prices lower than I’ve seen in most of my nearly 20 year career in Real Estate. Click Here to see the in depth Power Point Presentation from Mike Orr of the Cromford Report with very interesting statistics on our current market and what it’s done the last couple of years.

Either way- we are here to serve! Please feel free to call us anytime at 480-243-4242 for help achieving your Real Estate Goals!

Upside down on your house?

Rebecca Hidalgo — Fri, 11 Nov 2011 20:16:41 +0000

Please feel free to use our free new Short Sale or Stay Calculator, click here OR go to tab under TOOLS on our website tool bar ——>>

It will tell you instantly what it’s current value is and predicts under different appreciation rates how long before your home will be worth what is owed again and at what cost to you.

It’s a great tool to help people make that very difficult decision- Do we STAY in our home or do we GO?

We are also here to help you make that decision; you can click here to get started with a personalized application and Rebecca and her team will get back to you with a personalized Report and FREE consultation.

We know how hard this decision is and are here for you and your loved ones. You can always call Rebecca directly at 602.463.2978 to ask her any questions related to Short Sales.

Foreclose today; buy tomorrow?

Rebecca Hidalgo — Fri, 30 Sep 2011 03:38:51 +0000

We are starting our list for folks who can take advantage of this new program, already have our first client who qualified for this program- he just did his 2nd short sale with us 1 year ago. His new mortgage payment will be $400 less a month than what he’s paying for rent. If you or someone you know lost their home to either Foreclosure or did a Short Sale and it’s been less than 3 years (FHA minimum waiting period if someone had “lates” on their mortgage); they should really consider doing this program while it’s still around… Time and Funds are limited.

KFNX News Talk Radio 1100- This week- Rebecca Hidalgo is a guest speaker

Rebecca Hidalgo — Sun, 04 Sep 2011 15:49:12 +0000

<<——–PLEASE CLICK MICROPHONE TO LISTEN TO REBECCA HIDALGO, DESIGNATED BROKER OF INTEGRITY ALL STARS, TALK ABOUT SHORT SALES ON THIS WEEK’S EPISODE. (She goes on from minutes 10-18 on podcast)

If you or anyone you know is in need of help, found themselves upside down on their home and they may or may not be able to still make their mortgage payments- have them call 480-243-4242 for a free personal consultation OR click here to get started.

Great South Chandler Home For SALE!

Rebecca Hidalgo — Fri, 26 Aug 2011 14:19:43 +0000

PRICE APPROVED BY LENDER ON 1st- BRING YOUR OFFER AND GET IT CLOSED! Old Stone Ranch Lake community by Shea Homes.4 bedrooms++loft and 3 bathrooms,medium maple cabinets, stainless appliances, gorgeous granite countertops, upgraded flooring, 3 car tandem garage, gas fire place, outside BBQ island,too many options not to take a look at.. Builders base prices higher and doesn’t include all of the upgrades or Front/Back Landscaping this home has- It’s a bargain!

Full Details

http://www.integrityhomebuyingguide.com/listing/mlsid/8/propertyid/4515827/syndicated/1/cgltguid/4DEB3FA9-35F7-4B76-9FB3-4B7C7E0F549B/?ts=crg

Listing Courtesy of Rebecca Hidalgo, Integrity All Star Realty, LLC

July’s current Real Estate Market Trends

Rebecca Hidalgo — Fri, 01 Jul 2011 10:13:00 +0000

With Inventory at a low of 29k in Maricopa County (This time last year we had 41k homes on the market); we are beginning to see multiple offers on our properties in just the last few weeks. The “good” ones are going quick. Prices continue to defy the law of Supply and Demand and are staying low, at least for now. If you are thinking about buying or selling- NOW is definitely the time. Please give us a call at 480-243-4242 if there is anything we can do to help you or someone you know with their Real Estate needs.

Brand New to Market-Tempe with a pool for $125,000?!

Rebecca Hidalgo — Fri, 24 Jun 2011 15:23:03 +0000

Make your appointment now. This home will not last long. 3 bedrooms 2 bath diving pool, back-splash tile in kitchen, remodeled both restrooms, upgraded with new windows and paint. Walking distance to all schools.

Full Details

http://www.integrityhomebuyingguide.com/listing/mlsid/8/propertyid/4604857/syndicated/1/cgltguid/40E45145-4369-434F-AAFE-EBA07BD8193E/?ts=crg

Listing Courtesy of Rebecca Hidalgo, Integrity All Star Realty, LLC

Listing of the Day! Chandler, AZ- single level across from City Pool, Park and School- Perfect Investment!

Rebecca Hidalgo — Wed, 08 Jun 2011 21:30:53 +0000

WOW!! DON’T MISS THIS GREAT OPPORTUNITY TO BUY A GREAT HOME IN EXCELLENT CHANDLER LOCATION**VAULTED CEILINGS** BLOCK FIREPLACE** NICE SIZE MASTER*** LARGE 2ND B/R** LARGE CORNER LOT. Seller will be repainting and carpeting this home to have turnkey ready within the next 2 weeks.

Full Details

http://www.integrityhomebuyingguide.com/listing/mlsid/8/propertyid/4585805/syndicated/1/cgltguid/AAD111BE-64D6-42DB-9B50-28E7F7AA162B/?ts=crg

Listing Courtesy of Rebecca Hidalgo, Integrity All Star Realty, LLC

GMAC Short Sales- Why we love them!

Rebecca Hidalgo — Tue, 07 Jun 2011 16:37:00 +0000

We’ve been asked to do a series of short video clips regarding our experiences with the different Lenders that we commonly work with on behalf of our clients to get their Short Sales approved. Today’s video is on GMAC. We’ll be sure to post Citimortgage next, so stay tuned.

If you have a home and GMAC is the Servicer and you are considering selling your home as a Short Sale, please watch this video for more information. You can also call us directly at 480-243-4242 OR fill our our short Questionnaire online here and we will contact you right away to help you get started.