Our Story
We know that the prospect of doing a short sale can be overwhelming… How do we know this? Because we have personally experienced the short sale process. We know that you have tons of questions and that your situation is unique…
So, if you are ready to talk – please pick up the phone and call us right away.
If you would just like some specific advise about your situation – please fill out this short sale application so we can better answer your questions.
Doing A Short Sale? Get All Of Your Questions Answered!
Hi, I’m Jeff Green from The Jeff Real Estate Team here in beautiful Central Valley and East Bay. At The Jeff Real Estate Team, we are here to guide you through the short sale process and assist you with all of your short sale needs.
Today I’m here to talk to you about your short sale questions and finding out information about doing a short sale. One of the things we do on our website is provide a lot of information; all of our video blogs are available for viewing and we strive to answer all of your questions.
Before doing a short sale it’s imperative that all of your questions are answered because we feel that an informed client is a better client. We’re not looking to pressure you into making a rushed decision about short selling your home, we’re looking to form a partnership whereby we work together to solve the need you have of bringing you into the short sale situation.
If you are working with us, we have a number of staff members that do a variety of different jobs within the company. However, there are a few things that our entire team is always working on and that is actively finding a buyer for your home. There is someone in our office seven days a week to ensure that there is always someone from our team available to answer any questions our clients may have.
If you have questions, please do not hesitate to ask them, even if you ask them multiple times. There are many new concepts in the short sale process and it can at times get confusing or overwhelming, so don’t be afraid to ask questions before, during and after the process. Please don’t hesitate to call us or fill out a form on our website allowing us to contact you. The Jeff Real Estate Team is here to serve you and service your short sale needs.
Is Doing A Short Sale Ethical?
Hi, I’m Jeff Green with The Jeff Real Estate Team here in Central Valley and East Bay. At The Jeff Real Estate Team, we strive to be the best short sale team in the area. We have handled close to 300 short sales and we’d like to help you out if you are in a challenging financial situation and facing foreclosure.
Today I want to discuss whether or not it is ethical to do a short sale. People frequently ask this because they feel as if they made a commitment when they signed their loan, obviously not knowing what financial struggles the future would hold. People often feel guilty about getting their debt forgiven and because of this are unsure if a short sale is really the path they want to choose.
We feel as if there’s no need to feel guilty about doing a short sale. If somebody lends you money and you sign a contract, you have to obey the contract with one exception: the contract has changed. A short sale is an amendment or change in how the lending contract stipulates that the loan will be satisfied. When you conclude a short sale, you are finally free from debt and the bank considers the short sale as satisfactory for settling the debt. There really should be no moral issue because you’ve satisfied an agreement with the bank. The bank is making the opportunity available to you. If you qualify for a short sale, it might be in your best interest to take advantage of that.
If you have any further questions or would like to discuss your specific situation with us, please feel free to check out our website for additional resources or give us a call. The Jeff Real Estate Team is here to help you get out of debt, avoid foreclosure and short sell your home.
Escrow And Title Within The Short Sale Process
Hello this is Jeff Green from The Jeff Real Estate Team. We’re one of the leading short sale businesses in Central Valley and East Bay and we’re here to serve you with all of your real estate needs. As a team we’ve worked on hundreds of short sales and we’d like to work with you if you are facing foreclosure. The video blog you are viewing right now is intended to provide you with more information about the short sale process.
One of the questions I’d like to address is "What is title and escrow and what do they have to do with the short sale process?" In real estate, we use the analogy that there are three legs to the table: sales, which is what we do, lending, and escrow and title. Essentially escrow is a neutral party where all documents are conveyed and all information goes back and forth. A package is put together that includes all the documentation, contract information, money and other important items to transact the sale. Obviously this is a very important step in the short sale process.
Title is the part of the process that secures the title for the next buyer and provides title insurance. They are the ones that issue a policy that allows the next buyer to know that the title is free from defects; if there are defects that show up later, there is insurance to cover it. These processes are very important and we work together as a team with the lender and with title and escrow to ensure that things are done efficiently.
We look forward to helping you with your short sale. If you have any more questions or are curious as to how the short sale process works before you make a decision, please give us a call because we are happy to answer any questions you may have regarding short selling your home.
The Final Step: Closing Escrow
Thank you for joining me today; my name is Jeff Reyes and I’m part of The Jeff Real Estate Team, one of Central Valley and East Bay’s top short sale businesses. Every year we help people avoid foreclosure by working with them to short sell their home. Today I would like to discuss the fifth, and final, step in the short sale process as part of our continuing series on the short sale timeline. If you are curious about the previous steps feel free to check out our website and view our other video blogs.
The fifth step in the process is escrow closing, which everyone looks forward to. It’s a huge milestone for the seller because they can move on and start a new beginning. Many agents will stop assisting their customers at this point because they feel their work is done. At The Jeff Real Estate Team, we have members that have been through this process personally, so we know what it’s like and we don’t stop working with you just because we’ve sold your home.
A lot of people don’t realize that most banks will lend to them again in 2-3 years. While some people may not be interested in purchasing another home, the cost of living in regards to owning versus renting is a substantial difference. After that time period is over and we’ve helped you through the process of restoring your credit, we are right there with you helping you find a home to purchase at an amount that you can reasonably afford.
The Jeff Real Estate Team is here to help you in any way possible, whether it’s short selling your home, or finding a new home after you have previously done a short sale. Please feel free to give us, The Jeff Real Estate Team, a call today; we’d love to work with you.
Obtaining An Approval From the Lender
Thanks for joining me today; I’m Jeff Reyes with The Jeff Real Estate Team. We are one of the leading real estate and short sale teams in the Central Valley and East Bay area and are here to serve you.
Recently, we have been covering the short sale timeline and today I would like to continue on with the fourth step in the short sale process, obtaining the short sale approval from the lender. The amount of time from when the paperwork and offer is submitted to the lien holder until we get the short sale approval can be anywhere from 7-10 days up to 90 days, depending on the bank. Typically it’s somewhere in the middle, usually around 30-40 days. The reason why getting an approval takes so long is because there are a lot of people and processes that are involved. The time period of doing a short sale has shrunk down in the past few years, so things are definitely getting a lot better in regards to processing the short sale transactions and getting them done sooner.
Once the approval comes, we sit down with you and talk to your attorney and a tax accountant to figure out what the implications are going to be for your taxes and what the legal ramifications will be. After we get the short sale approval and we’ve consulted with your attorney and tax accountant, if you decide that doing a short sale isn’t in your best interest, we can stop the whole process right then and there.
Our goal at The Jeff Real Estate Team is to help you avoid foreclosure and ensure that no money comes out of your pocket. Please give us a call today if you would like any information regarding short selling your home or if you would like to discuss your specific situation.
Entering Into A Sales Contract: The Third Step In A Short Sale
Thank you for joining me today, I’m Jeff Reyes from The Jeff Real Estate Team. We are one of the leading short sale teams in the Central Valley and East Bay area and have helped many people avoid foreclosure by short selling their home.
Right now I am going to continue our series on the steps in the short sale process. The first two steps that we have previously covered are hiring a realtor and contacting the lien holder and starting the paperwork to list your property. The next step I would like to discuss, step three, in the short sale process is entering into a sales contract with the buyer.
What’s important to note is the difference between finding a buyer in the process of a typical real estate transaction versus a short sale transaction. In a traditional real estate transaction, we help you find a buyer for your home, you accept an offer, we open up escrow and 30-45 days later we close on the home. In a short sale transaction, as soon as an offer is received, documents are signed by both parties and submitted to the lien holders. It’s kind of a waiting game until an offer is received from a buyer, but after that we start negotiating with the bank to obtain an approval from them.
If you have any further questions in regards to the information that I just covered, or would like any more information about short selling your home, feel free to check out the information on our website, email us, or give us a call. We are here to provide you with some of the most exceptional customer service and current information in the business, all while assisting you in avoiding foreclosure and short selling your home. Please contact us at The Jeff Real Estate Team today.
The Second Step In The Short Sale Process: Contacting The Lien Holder
Hi, I’m Jeff Reyes with The Jeff Real Estate Team, one of the leading short sale teams in the Central Valley and East Bay area. We have helped numerous people over the past few years avoid foreclosure by short selling their home. Today I would like to continue our series on the steps in the short sale process.
In our first video, which can also be seen on our website, I covered the initial step of finding a realtor once you decide to short sell your home. If you contact us at The Jeff Real Estate team, we can help you get the ball rolling and move onto the next step.
The second step in the short sale process is contacting your lien holder and starting all of the paperwork needed to get your property listed and to get buyers to come look at your property. We push your property all throughout the internet. As you can tell, we are very technology oriented, so we list and advertise your home wherever possible, to try and get a quick sale. The sooner you contact us at The Jeff Real Estate Team, the sooner we can get in contact with your lien holder and start the short sale process. Most banks won’t start negotiating with you until you have an offer in on your home.
We want to help you avoid the foreclosure process, so please contact us today to start the process of short selling your home. If there is any information you may want or questions you may have regarding short selling your home, check out our website, send us an email or give us a call. The Jeff Real Estate Team is here to provide you with excellent customer service, up-to-date information, and guidance throughout the entire process when it comes to short selling your home. Please contact us today.
The First Step In The Short Sale Process
Hi, I’m Jeff Reyes with The Jeff Real Estate Team. We are one of the best short sale businesses in the Central Valley and East Bay area. Today I would like to begin a continuing series on the steps in the short sale process.
If you are contemplating a short sale on your home, the first phase of the short sale process is to hire a realtor. One of the main reasons you should hire a realtor is to have access to people like us at The Jeff Real Estate Team that are well versed in short sales and can guide you and direct you throughout the entire process of short selling your home. The difference that sets our team apart from everyone else is that we aren’t going to pressure you into making a decision.
At The Jeff Real Estate Team, we always have two goals for our customers. The first goal for you is to avoid foreclosure and the second goal for you is not having any money come out of your pocket. These goals that we set for our customers, and essentially for ourselves, are obvious throughout all of our paperwork, content and videos you see online; everything we talk about revolves around helping you avoid foreclosure and not having to spend any of your own money. In most cases, we are able to help our customers meet both of these goals.
If you have any questions about what I have previously discussed, are contemplating a short sale for your home, or would like more information in general, please contact us or fill out the form on our website allowing us to contact you. We also have an abundance of information located on our website. The Jeff Real Estate Team always has your best interest in mind when it comes to avoiding foreclosure and short selling your home.
Think You’re Being Scammed? Being Pushed To Make Quick Decisions
Thank you for joining us, I’m Jeff Green from The Jeff Real Estate Team, the leading short sale team in the Central Valley and East Bay area. We have worked on close to 300 hundred short sales and would like to help you out by continuing our series on avoiding foreclosure scams.
One of the things that may come up when dealing with a scam artist is that they will ask you to do something immediately without delay. Scam artists will push you to make quick decisions and make up fake deadlines; they basically won’t give you a chance to think things over, go over the paperwork and discuss your options with you. They just want to push you to make a decision right now.
The best thing to do when going through a short sale or foreclosure situation is to make sure you have information. One of the most important pieces of information you can have is to understand the foreclosure timeline. If you are facing foreclosure, you could receive two different types of notices from the bank. If you receive a notice of default, the bank can foreclose on you after 3 months of giving you that notice. If you have a notice of trustee sale the bank can foreclose on your home 21 days after giving you the notice. If you feel like you’re being rushed, it’s always good to talk to someone about it.
Here is how we handle things at The Jeff Real Estate Team: first, we send you all the paperwork in advance. Everything that we are going to do to list your house if you decide to short sell with us will be sent to you. We also tell you in the short sale process that if you discover another way to handle your situation, we simply take your house off the market. There’s no pressure and we will never pressure you to make a quick decision. If you have any questions or would like any further information about avoiding foreclosure scams or short selling your home, please give us a call.
About Jeff Green
Jeff listed and sold his first short sale in early 2006 at the beginning of the Real Estate Recession. While other agents rejected short sales because of their complexity and the work involved to successfully complete them, Jeff embraced them as a rewarding way to help home owners who were facing difficult times.
About Jeff Reyes
Jeff Reyes has been a REALTOR since 2009. In just six short months from starting his real estate career, he dominated the local internet traffic for short sales and started writing a weekly real estate article for the local newspaper. It is Jeff's passion to inform and equip the local community to be able to make smart real estate decisions. Outside of real estate, Jeff's major passions are vacations and his family.
