Short Sales
A short sale is a sale of real estate in which the proceeds from the sale fall short of the balance owed on a loan secured by the property sold.
In a short sale, the mortgage lender agrees to discount a loan balance because of an economic or financial hardship on the part of the mortgagor. This negotiation is all done through communication with a bank’s loss mitigation or workout department. The home owner/debtor sells the mortgaged property for less than the outstanding balance of the loan, and turns over the proceeds of the sale to the lender, sometimes (but not always) in full satisfaction of the debt. In such instances, the lender would have the right to approve or disapprove of a proposed sale. Extenuating circumstances influence whether or not banks will discount a loan balance. These circumstances are usually related to the current real estate market and the borrower’s financial situation.
A short sale typically is executed to prevent a home foreclosure but the decision to proceed with a short sale is predicated on the most economic way for the bank to recover the amount owed on the property. Often a bank will allow a short sale if they believe that it will result in a smaller financial loss than foreclosing as there are carrying costs that are associated with a foreclosure. A bank will typically determine the amount of equity (or lack thereof), by determining the probable selling price from a Broker Price Opinion Broker (BPO) (also known as a Broker Opinion of Value or through a valuation of an appraisal. For the home owner, advantages include avoidance of a foreclosure on their credit history and partial control of the monetary deficiency. A short sale is typically faster and less expensive than a foreclosure. In short, a short sale is nothing more than negotiating with lien holders a payoff for less than what they are owed, or rather a sale of a debt, generally on a piece of real estate, short of the full debt amount. It does not extinguish the remaining balance unless settlement is clearly indicated on the acceptance of offer.
Short sales are common in standard business transactions in recognition that creditors are not doing debtors a favor but, rather, engaging in a business transaction when extending credit. When it makes no business sense or is economically not feasible to retain an asset, businesses default on their loans (called bonds). It is not uncommon for business bonds to trade on the after-market for a small fraction of their face value in realization of the likelihood of these future defaults.
Mortgage lenders do not let a home owner negotiate a short sale as the lender needs to maintain an arms length transaction when it involves economic hardship. We have a network of buyers, short sale negotiators, and real estate brokers and agents that can help you.
Here is how we can work together:
If you are a homeowner who has gone through a hardship, eliminate the repayment provision meaning Short Sale=No tax bill. If you sell your house and it is your original loan you will not owe the difference. You can also buy a house again in 24 months. Deed in lieu or foreclosure-you will not be able to buy another FHA house for 5 years.
Please fill out this form so that we can start helping you. Remember, time is of the essence:
http://interactive-media-network.com/newsletters/?p=subscribe&id=17
Gold-Vipmembers
The Gold VIPMembers area is a private, members-only, guide for those serious about creating a regular and residual income online and having all the resources and tools they need in one organized place.
Within the private, gold members-only area, you’ll find a comprehensive source of in-depth information, hands on help and advice, resources, downloadable products developed exclusively for this site, products that can be sold, development tutorials, and more.
This website contains hundreds of how-to articles, resources, software downloads, video tutorials and much more.
For a membership of $97 per month, you get uninterrupted access to the private, members only area. This can be easily cancelled and you will only be charged for the 1 month.
Let‘s begin by taking a quick glance at why the Internet is the greatest business marketing tool since the railroad. The Internet actually started in 1969 as the ARPANET, a Defense Department system designed to let survivors share files after a nuclear attack. From a handful of top secret computers, it‘s grown to fill more than 10 million hosts and millions of domain names. over the next five years. Consumers are expected to account for 60 percent of all Internet traffic over that period with the rest of the market made up of business users. What does that mean for you? It means customers—millions of them. No other business tool can put the products you sell to so many people so easily. Nothing even comes close. We‘re talking about a potential market of 340 million people around the world who can buy your products 24 hours a day, 365 days a year.
And it‘s growing. According to a recent survey, the volume of Internet traffic is expected to double annually
This collection of audios, videos, software, (e)books & tools are essential for running an online business and has taken years to compile. What that means is that some of these resources you will need to use regardless of what comes next and others you will need to learn to use as they become available. We will continue to add to each section each month, as well as to the resources, products and articles.
Content is updated and added within the same chapters or new chapters are added in an alphabetical order. It is very important for your brain to feel organized.
There is an article directory that you can use for inspiration. It is imperative that you change the articles so that each one is not penalized for duplicate content.
Internet marketing is a HUGH field. This information contains several recommended resources that relate to various subjects. Some of the resources will give you credit that can be applied toward the monthly members dues.
(¯`*•. BECOME A MEMBER .•*´¯)
- Download ebooks, templates, screenshots, videos, and links to software.
- Streaming audios/MP3 downloads of 15-minute interviews with experts, marketers, and other professionals.
- You will be able to hand this system over to your Virtual Assistant and let he or she manage 90% of your marketing and social networking activities for you!
This is created in such a way that you simply insert your own personalized strategy, and delegate to a trusted and trained virtual assistant. If you don’t have a virtual assistant yet we will introduce you to those whom you can trust to do a good job.
Directory
Interactive-Media-Network.com Products and Services |
|
|
|
RSS Feed 
Advertising
In conjunction with our search engine optimization campaigns Interactive-Media-Network offers theme based and natural link building services combined with picture and html banner advertising available in 3 sizes: 125 x 125, 468 x 60 and 300 x 250 . Examples of this can be seen by going through the products. Just click on any of the Category links and there will be a selection of products that are within a niche. Each product has a keyword phrase, short write-up or longer article that corresponds to that product and is tracked. It is also instantly submitted to search engines, twitter, and other traffic networks. Our daily link management services locates the traffic networks to submit to. We do NOT use any automated link submissions or link harvester software. Now is the time to advertise online and get more traffic
-
Interactive-Media-Network has some of the industry's most elegant Wordpress themes. Find out why marketers who use them are experiencing new levels of performance.more > 
Every month we offer one of a kind and other special products and services that are only available for a limited time. We also give you a free gift every time you order more >