California REO Listing Brokers Market Their Properties Using Digitally Enhanced “Before And After” Photos Of Their Listings Renovated With FHA 203k Renovation Financing Offered By Skip Schenker Of iMortgage

CLICK ON “iMortgage” TO CONTACT SKIP SCHENKER

“What are you doing to attract owner-occupant buyers?  Your client wants to know…”

 Check this out…

• Pre-Inspection for FHA repairs and bid available to qualified buyers by a licensed contractor.
• Digitally Enhanced “After” photo to help the buyer visualize what the home “COULD” look like fixed up.
• Professional Electronic flyer with embedded links to your website, Google map of property location, email you with the click of a button.
• Thumbnail version available to be linked to your website, posted on the MLS or emailed to your farm.
• Flyer will be posted on the www.RenovationLendingInstitute.com national website
• Will also be posted on active rain and numerous other blog sites.
• Partnered with a skilled Renovation Loan officer who guarantees closing in 45 days or less.

 ALL THIS FOR THE LOW PRICE OF… $ FREE    (For the first 25 who respond by replying to this email)   Regular price is $107.00.  Call and ask about our volume discounts of 10 or more properties at a month. This is the cheapest and easiest way to show your clients what you are doing to attract “owner-occupant” buyers.  Get more accounts by using this unique “owner-occupied” marketing tool. 

800 385-3503

“Short Sale Or Foreclosure”: Homeowners Who Short Sale With No Default On Loan Face The Least Negative Impact On Credit; Must Wait 3-7 Year With Foreclosures And Defaults

 

Short sale with FHA Loan

• Can purchase right away with no mortgage default
• 3 year wait if in default at the closing
• Reduced wait if the borrower has re-established good credit and can show extenuating circumstances

Short Sale With Fannie Mae Loan

• 2 year wait if the borrower puts 20 % down
• 4 year wait if the borrower puts between 10% to 20% down
• 7 year wait if the borrower puts less than 10% down
• 2 year wait if the borrower can show extenuating circumstances and puts more than 10% down

Short Sale with Freddie Mac Loan

• 4 year wait before being able to get a loan
• 2 year wait if the borrower can show extenuating circumstances

Foreclosure with an FHA Loan

• 3 year wait before being able to get a loan
• Reduced wait if the borrower can show extenuating circumstances and re-establishes good credit

Foreclosure with a Fannie Mae Loan

• 7 year wait from the completed foreclosure sale date
• 3 year wait if the borrower can show extenuating circumstances. Additional underwriting requirements apply for 4 years after a 3 year waiting period.
• 7 year wait for a 2nd home, cash out re-financing, or an investment property

Foreclosure with a Freddie Mac Loan

• 5 year wait from the completed foreclosure sale date
• 3 year wait if the borrower can show extenuating circumstances

** As a side note a deed in lieu of foreclosure follows the same guidelines as FHA’s foreclosure policy, the same as Fannie Mae and Freddie Macs short sale policy.

For more:  http://massrealestatenews.com/buying-a-home-after-short-sale-or-foreclosure/?goback=%2Egde_87042_member_47792412