Who are you going to call when you need a Temecula Short Sale expert?  Temecula Short Sale Specialist My phone number: 951-217-6745. Now you have a direct line to me. :)I know that when your thinking to yourself “is a short sale for me” you need a specialist to talk to NOW.Let me share with you my 18 years of short sale experence. This will be a free no pressure call and if you decide a short sale is for you I will listand market you home at no out-of-pocket costs and very discreetly. I will be your secret agent. You may also be able to receive a Credit for $3,000.00 from your lender for working with me to get your short sale approved! So call me, I answer my phone until 8:00PM and I try my best to answer all calls. If I missed you, please leave me a message and I will call back. Guaran... 01/06/2017

Today I received the below email from the Bank of America short sale specialist we worked with.We at Realty Works Temecula live for these kinds of feedback. We live for the exhilaration that comes with successfully closing a short sale. We take great delight in helping you!  BOA thanks the Temecula Short Sale Team at Realty Works Temecula. Hello Sidney & Valerie,Thank you for your assistance in completing the current short sale. I was able to verify the documents and process the wire. We at Bank of America look forward to working with you in the future. If you have any feedback regarding your experience with myself or the closing process that you would like to share, please contact my supervisor, Scott xxxxxxxx, at 480-xxx-xxxx or email his at scott.xxxxxxxx@bankofamerica.com. Thank you... 01/05/2017

2017 will be a good year for homeowners needing to use the short sale as an option to foreclosure.Most all, the major lenders and servicers are following the lead of Fannie Mae and Freddie Mac which have reduced the paper work needed and time to a Temecula short sale approval. See Chart below and enjoy the video.   Visit my website to find out more useful information about Temecula short sale: www.Temecula-ShortSaleAgents.com *Service providers may implement changes immediately*  The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative overseen by the U.S. Treasury Department and administered by Fannie Mae assisting all Home Affordable Modification Program (HAMP)-eligible homeowners in avoiding foreclosure,specifically through short sales or deeds... 01/04/2017

Got HAFA and 2 loans? Prepare for the battle. Well your short sale will be a bit more difficult for your short sale agent to get approved. It used to be that the second lender would be happy to sign off for $6,000.00 and allow you out of their loan.  Under HAFA guidelines your first lender can offer them up to $8,500.00 to release your second lien. Lately I have been running into short sales were the 2nd states they will not allow the short sale to continue unless they get the full $8,500.00 HAFA is a set of guidelines for lenders to follow, but that's just it: guidelines.  Many first lender will only offer 6% to 8% of the amount owed up to the maximum of $8.500 which ever is less to a second lien holder. Example you owe $70,000 to the second lender the first will offer $5,600.00 but th... 01/04/2017

I have seen more protection/benefits in place than ever before for Temecula CA homeowners who need to sell their homes via a short sale.  Wondering if a short sale is the correct option for you? Contact the Temecula Short Sale Agents at Realty Works Temecula 951-217-6745 today! Let's help you come up with a smart decision by giving you all the information you need about your available options.  12/29/2016

Should you short sale your home? Most sellers can easily get confused with short sales. What exactly is it and will you get any benefits from it? Let’s break it down. If you’re putting your home up for sale and it doesn’t get a high enough offer to cover your mortgage, but you need to unload that property so you take that low offer. Simply put, a short sale is when you end up “short” on paying back your mortgage and your bank agrees to accept an amount that’s less than what you owe on your loan.  Most of the time, homeowners are pushed into short sales due to personal financial difficulties which makes it impossible for them to pay their monthly mortgage. It’s hardly an ideal situation to be in, but it is definitely smarter than allowing yourself to declare bankruptcy or foreclosure on ... 12/27/2016

Closing Cal Vet short sales slow and steady. :) I just closed another Cal Vet short sale! This type of short sales are very different from other types of short sales. With a Cal Vet short sale, we do day in and day out with the major lenders.  All Cal Vet short sale are handled out of their office in Sacramento CA. They are often understaffed and have to handle the short sales that come their way when they can find the time away from their core functions.   This means you, your seller and your buyer must be very patient. Would you believe this one took me 296 days to get approved? One good part of their process is as they are short staffed you are talking and negotiating to the same person through the whole process. An odd part of the Cal Vet short sale process is you get to do your own... 12/12/2016

Here's a common email I get during the short sale process... Hi Sidney,   I just checked my mail at the house and found a letter dated June 11, from a lady by the name of Debra Gorham at HSBC with the subject "short sale assistance" declining the short sale offer because they have not received all of the required documentation.     I don't know if this is old information, we have been out of town for a few days and haven't been at the house to check the mail. Is there any documentation we need to provide?    I can bring the letter over to you, along with any documents needed, but it will have to be tomorrow.  Regards,Frank   And here's my usual reply to this confusing Temecula short sale predicament...   Not sure why you received this letter. Please get it to me for your file. I think t... 12/11/2016

How are short sales going to be affected by a Goverment Shutdown? If your in the middle of a HAFA Short Sale in Temecula, your in luck! See below.... The US Treasury Programs "Making Home Affordable" including HAMP and HAFA, will not be affected as these programs are funded through the Emergency Economic Stabilization Act which is mandatory spending not discretionary.  You may be out of luck if the buyer is depending on a loan that needs to be funded and the lender can not verify important information. Here's a helpful link to the NAR report on a review of agency contingency plans for the current shutdown: click here. You can also visit my website to understand Temecula short sales better, http://Realty-World.net/Short-Sale-Agents All these may sound like a lot to understand. As your Te... 12/10/2016

Do you need information on short sale?I understand how this process can be overwhelming, and knowing all the vital information is critical to you having a successfful short sale. As a Temecula CA short sale specialist with years of professional experience, I offers FREE advice on the short sale process. Take advantage of this opportunity now! Check out my website for more information: http://Realty-World.net/Short-Sale-AgentsLet me help you decide if a short sale is the correct option for you. I'm certified HAFA Temecula short sale agent. Call me, Sidney Kutchuk, today at 951-217-6745. Know all the facts and do not just let your home be sold via a Temecula foreclosure. You have options.   12/09/2016

Are you thinking of going for a short sale this 2017?  With the home market now recovering in most areas, less homeowners are needing to use the option of doing a short sale. So are short sale going to be easier or harder to get approved in 2017?Lenders have ramped up their loss mitigation departments that they now have more time and staff to review each short sale submitted to them. I feel it's not going to be as easy to get a short sale approval in 2017, and if your agent submits a weak short sale proposal - forget getting that approval. How are you going to get your short sale approved in 2017? The banks are not giving the large discounts any longer. They are demanding sales prices at market values. Some lenders are even asking above market  prices (Fannie Mae) in their short sale ap... 12/09/2016

Is your loan modification starting to fail? Having second thoughts if you did the right thing?  Its a proven fact that most loan modifications do fail. I can turn a failed loan modification into an approved short sale - believe it! See what my previous clients have to say about me, visit my website: www.Temecula-ShortSaleAgents.com  Lets talk about you getting a fresh start for your family via a short sale.  Call me, Sidney Kutchuk, a top Temecula Short Sale Agent, at 951-217-6745. Let's go over your situation in detail and then if you decide a short sale is for you, we will go over the process on how to get your Temecula short sale approved at no charge to you. 12/08/2016

Do you find Short Sales confusing? This is a major problem. It can be easy to get confused about the short sale process, but with my help as a Temecula CA short sale specialist, you should be able to get a better grasp of this in no time. Some of the one you may encounter are standard short sale, traditional short sale, cooperative short sale, and HAFA short sale. There are actually a lot more. There are also incentives, no incentives, relocation assistance, and no relocation. You'll fid a lot of helpful tips and tricks in my blog, visit my website at: http://Realty-World.net/Short-Sale-Agents  You need me, Sidney Kutchuk, a Temecula Short Sale Specialist to get you through the short sale maze. Call me today at Realty Works 951-217-6745!  12/07/2016

Yes! Many of my current short sales are only 1/2 short! What do I mean?In the past, almost all of my short sales were way under water and involved two loans, a first and a 2nd trust deed.With the real estate market here in Temecula CA recovering now, many of my short sale clients are coming to me still with two loans but only short on the 2nd loan. Their question is always the same: "Can I still do a short sale when I am only short on my 2nd loan?".Yes, of course it's possible! In fact, it makes my job a bit easier. :)  You still need a hardship though. I have completed many Temecula short sales where my seller's have been only short with their second lender. The market has improved so fast here that with many of my short sales, we started out as short on both loans and by the time we g... 12/06/2016

Now is thebest time to consider a short sale for your Temecula home!   Ask me, Sidney Kutchuk, the Temecula CA Short Sale Agent With the home market recovering in most market areas, less homeowners are going to need to use the available option of doing a short sale. The question now is are Temecula short sales going to be easier or harder to get approved now in 2017? Major lenders who have ramped up their loss mitigation departments now have more time and staff to review each short sale submitted to them. I feel it's not going to be as easy to get a short sale approval in 2017 if your agent submits a weak short sale package for you.   You need me, the Temecula short sale specialist to get that approval!   How are you going to get your short sale approved in 2017? The banks are not givin... 12/05/2016

Know the facts about a short sale straight from someone who specializes in it. These are the two most often asked questions from my Temecula Short Sale Specialists clients. Enjoy my video answers below...You can also visit my website to get more answers to your questions straight from me, Sidney Kutchuk, a Temecula short sale expert: www.Temecula-ShortSaleAgents.com Know all the facts.Do not just let your home be sold via a Temecula foreclosure by your lender. You have options. Call me, Sidney Kutchuk, at 951-215-6745. I specialize in Temecula short sales, and you can trust in my ability to help you.  11/22/2016

Homeowners in California can now take advantage of these short sale state laws!California homeowners that find themselves having to do a short sale have some benefits not found in other states.  Calif state law does not allow the seller's bank/lender to ask the seller to contribute any funds toward the sale of the property. It's also state law that the bank or lender can not come back after the short sale is completed seeking any payment toward the deficiency from you the seller.  When the Temecula short sale is approved and closed it's over with no recourse.Most California homeowners also do not have to worry about the IRS or state seeking tax dollars from them for the loss reported by the lenders in the form of a 1099c. Know more about this and find our why you need me, your expert Te... 11/21/2016

New changes in the relocation allowance for sellers doing a HAFA short sale in 2016! Now get $10,000.00 at the close!! Click this link to the video in case you can't view here: http://youtu.be/ryUazhL9LtgHere's another update: past HAFA guidelines stated first lien holders were to provide $8,500 from sale proceeds to junior lien. This has now been changed to $12,000.00.Visit my website to know more valuable information about going through a short sale in Temecula: www.Temecula-ShortSaleAgents.com  Avoid foreclosure and consult a Temecula Short Sale Specialist at Realty Works, call me, Sidney Kutchuk at 951-217-6745 today.  11/19/2016

Yes, just when it looked like it was over for short sales they have picked up again inpart due to many homeowners not being able to afford the raise in their mortgage payment.This time the number one cause is unaffordability. Many homeowners that were given a loan modification 5 years ago are now getting letters from their lenders with major price adjustments to their house payments.These price hikes are large and are now forcing homeowners to default on their payments and seek help from their lenders for a second or third time. However, most are finding that the lenders are no longer willing to help, resulting to homeowners having to sell or face a foreclosure instead.  To sell your Temecula home is the best solution but many home values still have not come up enough to repay the mortg... 11/18/2016

An awesome month with $10,000.00 x 3 for my Temecula short sale clients!This month has been a good month for my Temecula short sale clients and tenants. I have been able to get 3 short sales approved via the Federal HAFA short sale program, which means I will be able to present $10,000.00 checks to each one of them at the closing! In one of the properties, the current tenant not the owner is getting the check. The check comes from the U.S Treasury as relocation assistance to the sellers or tenants - whoever is currently living at the property.  Short sales are still a 90-day battle to get approved, but a short sale remains one of the best options available when facing a foreclosure. Choosing a short sale offers you control in a situation where you can no longer afford to stay in your ho... 11/17/2016