Dave Halpern Louisville Short Sale Expert (502) 664-7827

Posts Tagged ‘Realtor

Thousands of Louisville Houses Go To Foreclosure – Unnecessarily

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Sadly, every year thousands of houses get scheduled for foreclosure auction in Louisville, KY. Behind every home is a borrower who now has to pick up the pieces and recover from a foreclosure.

However, most of these foreclosures could have been avoided. The various foreclosure avoidance techniques include:

  1. Loan modification and various repayment plans
  2. Short sales
  3. Deed-in-lieu of foreclosure

 

Here’s a brief overview of these methods:

Loan Modifications

Homeowners who want to keep their house and believe they can afford it should apply for a loan modification. There are many variations of a loan mod, including repayment plans, forebearance, and permanent or temporary interest rate reductions. These programs change often, and homeowners should check with their lender for current programs. Some people use the phrase loan remodification.

Deed-in-Lieu of Foreclosure

“Lieu” is a fancy latin word for “instead”. A deed-in-lieu of foreclosure means that instead of going through foreclosure, the owner can give the deed or give the house to the bank. This saves the bank the hassle of foreclosing, but it’s worse on the borrowers credit than a short sale. Sometimes owners call this giving the house back to the bank.

Short Sale

When the lender accepts an amount short of the full payoff, it’s called a short sale. When done correctly, the lender forgives the shortage. Always hire a professional Realtor who specializes in short sales to help you navigate the process. The right real estate agent will get it done and you will sell your house with dignity and not lose it or give it to the bank.

Dave Halpern helps dozens of homeowners avoid foreclosure every year, right here in Louisville.

For real testimonials from real people, click here. The sellers we have helped are so satisfied with the debt relief and the emotional relief we provided them they gladly permitted us to use their names and often publish their phone numbers so you can call to verify the success story.

You could be the next one on the way to recovery. Please call us at any time, seven days a week.

Dave Halpern

Broker

Louisville Short Sale Expert Realtors

(502) 664-7827

The Importance of Using a Short Sale Expert

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 The Importance of Using a Short Sale Expert

By David Halpern, Louisville Short Sale Expert, (502) 664-7827 and (502) 895-3100

In my city alone there are hundreds, maybe thousands, of homeowners who unnecessarily lose their homes to foreclosure each year who could have avoided it if their Realtor would have successfully procured a short sale.

Even a highly trained short sale expert cannot stop a bank from defeating itself and not every short sale will get to closing. But it is the Realtor’s responsibility to diligently and methodically go through the dozens of extra steps that don’t exist in a traditional listing.

With the introduction of HAFA short sales the homeowner has the opportunity of receiving great incentives for successfully completing a short sale, namely mandatory debt forgiveness and a $3,000 cash payment from the lender. Realtors who fail to procure the short sale can cause their clients to lose these monetary incentives.

Realtors who are not thoroughly trained and don’t have the time, staff or resources to handle short sales should simply not take on this complex negotiation. The clients come first and it is imperative that they get the best chance of avoiding foreclosure.

If a traditional sale doesn’t sell in a timely manner the seller will endure some sort of inconvenience. However, if a client is facing foreclosure and the short sale doesn’t happen on time or doesn’t take place at all, the seller can suffer irreversible monetary and emotional damage.

Often Realtors feel obligated to take a short sale listing because of their friendship or prior relationship with the seller. Other professionals such as doctors and lawyers refer clients to specialists. Contractors bring in specialized subcontractors. Likewise, Realtors should refer their short sales to Realtors who are experts in this highly specialized field. This way their clients receive the best care and the referring Realtor still gets some compensation. The referring Realtor is still the hero because he or she was resourceful enough to bring in the expert.

Dave Halpern, Broker

(502) 664-7827

Dave Halpern successfully closes dozens of short sales each year in Louisville, Kentucky. Dave has helped many homeowners avoid foreclosure and bankruptcy by skillfully procuring a short sale for them. The seller has zero out of pocket costs. The foreclosing lender pays all closing costs and commissions on behalf of the seller. Many Realtors in the Louisville area refer and outsource their short sales to Dave due to his extremely high success rate.

Please check these testimonials from satisfied clients https://davehalpernlouisvilleshortsaleexpert.wordpress.com/category/david-halpern-testimonials/

How to choose the right Short Sale Realtor http://shortsalesrealtorslouisvilleky.wordpress.com/2010/03/21/short-sales-in-louisville-–the-right-realtor-makes-all-the-difference/

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David Halpern Helps Homeowner Avoid Foreclosure!

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David Halpern negotiates a short sales to help this homeowner avoid foreclosure!

After being faced with losing our home and still owing more than our house was worth, Dave Halpern and his experienced staff gave us options we never knew existed.  “Your New Home Today” kept us from foreclosure and saved us from more than $30,000 in debt.

David Halpern has helped many homeowners avoid foreclosure. Dave can be contacted at (502) 664-7827 or through website www.LouisvilleShortSaleExpert.com. Please call any time – we love to help!

David Halpern Allows Family to Move on with their Lives!

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David Halpern negotiates a short sale allowing a family out of a stressful situation. This gave them the ability to move on with their lives!

Thank God for Your New Home Today Realtors

We were under foreclosure due to a bad mortgage loan we are now safe from Wells Fargo, Litton Loan and are able to move on with out lives due to the intelligence of this company.

David Halpern Answers Home Sale Problem for Family

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Short sale is the answer to this family's problem!

The first time I heard of this, I thought there is no way, you’ve heard if it sounds too god to be true than it probably is.  This is one of those times to forget it.

This honestly was the answer to all our problems.  My husband lost his job suddenly, taking a $10.00 per hour pay cut.  I knew there was no way we can keep our home.

You can contact me at kitabarnes@insightbb.com if you have any questions.

Thanks Dave and Hope….thanks!

Written by davehalpern

March 18, 2010 at 11:06 pm

Homeowner is Happy they did Short Sale with David Halpern

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David Halpern Negotiated a Short Sale for a stressed family.

We (Perkins Family) truly appreciate the hard work that Dave, Hope, and Kim did pertaining to getting our short sale done.

It only took 5 to 6 months to do the shore sale.  My family is very happy now. I hope that anyone who has any problems with making decisions on his or her future pertaining to their home to please call Dave to help.

PS- If anyone would like to call my cell phone number to verify any of this is true, please do not hesitate to call. (502) 445-3355.

Thank you for everything.

David Halpern Helps Homeowner Avoid Bankruptcy!

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This homeowner was able to avoid a stressful financial situation!

I just want to thank you so very much for helping me to sell my house.

When I thought my last option was foreclosure, you helped me so much with the quick sell program.  I don’t have any debt left on the house.

I’d thought that I had to go through bankruptcy but somehow you got it sold for me, with no money out of pocket.

I really thank you.

PS – I’d advise anyone to this before you lose your home! Once again, than you!

Written by davehalpern

March 18, 2010 at 10:29 pm