The Dream Big Team, A Riverside Short Sale Specialist Team known for their Canyon Lake, California, Real Estate experience in Short Sales, has just closed another Short Sale in California using their comprehensive Short Sale System.
November 4, 2012 (Newswire.com) - The Dream Big Team, A Riverside Short Sale Specialist Team known for their Canyon Lake, California, Real Estate experience in Short Sales, has just closed another Short Sale in California.
Using their comprehensive Short Sale System, The Dream Big Team can handle a large volume of short sales and consistently close short sale real estate homes in the 92587 Zip Code at a high percentage.
The process was complex, but with strong negotiating skills, pinpoint problem solving, a comprehensive marketing process, and a never-say-quit attitude, Brian and Tim beat the odds and obtained a difficult approval to close the Canyon Lake, California, home sale.
The Quail Valley home, which is located in Menifee, outside the Canyon Lake walls, took a total of 132 days from contract to closing. Although banks are improving their processes and speeding up timelines, The Dream Big Team said this is a common timespan to complete a short sale.
This was a Seterus short sale in California and no deficiency will be pursued. The homeowner had one loan and Seterus preferred the short sale vs. foreclosure. The Mortgage payoff amount was $137,521. The Original List price was $139,900 and it closed at $155,000 with the bank.
The sale included two separate lots, or APNs, which were adjacent to each other and surrounded by a common fence. The homeowners included the second lot as a show of good faith to Seterus that they wanted to net the bank the highest possible return on the short sale.
"There are no promises or guarantees in a Canyon Lake, California, short sale, whether the lenders will approve the short sale or forgive the debt, but Short Sales offer an alternative to the emotionally and financially devastating effects of a California foreclosure," said Brian Bean, CEO of The Dream Big Team. "A short sale in Canyon Lake, California, is a complicated process. There are so many details and potential pitfalls -- more than the average homeowner is aware of. That's why it's so important for someone having trouble to consult a Canyon Lake, California, Short Sale Specialist with a proven history of success with short sales, such as The Dream Big Team."
Bean and Hardin use a comprehensive Canyon Lake, California, Short Sale system for sellers known as The Dream Big Blueprint (http://www.DreamBigBlueprint.com). Homeowners facing Canyon Lake, California, foreclosure can meet with The Dream Big Team to ask questions about their specific situation, workout solutions for which they may qualify, and how to position themselves to take advantage of the next real estate wave. In additional, The Dream Big Team will provide a custom hardship package for the homeowner to ensure their file will smoothly move through the process.
"We have surrounded ourselves with the best and brightest, from our administrative staff and Listing Managers to our processors and escrow officers," said Brian Bean, leader of The Dream Big Team. "Our team members understand how to keep a transaction moving forward. Our short sale team is skilled, experienced, determined, and Never Quits. That's why we are so successful."
A Canyon Lake, California, short sale occurs when a home is sold for less than the mortgage balance and the bank agrees to discount the payoff. A short sale in Canyon Lake, California, is an alternative to a financially and emotionally devastating foreclosure, allows a homeowner to deal with a crisis on their own terms, and puts them in position to re-enter the housing market more quickly, before home prices again shoot through the roof.
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Seterus prefers to do a short sale vs. foreclosure because it nets 12 percent to 25 percent more money from a short sale. After a Seterus foreclosure, the bank must continue to pay for holding costs, maintenance, marketing fees and legal fees.
"The Dream Big Team" is a group of experienced, battle-test and skilled real estate agents specializing in distressed properties under the direction of Brian Bean and Tim Hardin at Dream Big Real Estate in Riverside, California.
Every day, homeowners ask them, "Should I short sale my home or stay and ride it out? Will I have to pay the deficiency? Will I have to pay taxes on the loss? What is a strategic default? Can I short sale and lease back?" To make the best decision, distressed homeowners need information, answers and guidance on these and other critical questions.
For more information, see details at http://www.DreamBigRealEstate.com or call 951-778-9700 to set up a consultation.
About The Dream Big Team:
The Dream Big Team of Riverside, California, is a group of Real Estate Professionals and Default Advocates committed to helping distressed consumers climb out from under the crippling mortgage balances that have slammed California home values and the world economy. Brian Bean, CEO of The Dream Big Team, is a veteran Riverside, California, Listing Agent who knows how to market homes to obtain the highest possible price in the shortest period of time. Tim Hardin, COO of The Dream Big Team, is an accomplished negotiator with unparalleled skills helping buyers find great homes at low prices. The Dream Big Team can be reached at 951-778-9700 or firstname.lastname@example.org and has partners throughout the United States.