Oh Sandy!!! Learning to be thankful....

Sandy Making History

So I'm stuck in doors like everyone else on this bleary day...waiting for the storm to pass us by. Oh Sandy!!! During which time I am staying positive and thinking about how grateful that I am, because although we may suffer some damage nothing can be said for the damage from victims in the past Hurricanes like Katrina or the magnitude earthquake that struck Japan in 2011 and not to forget the damage that happened in Haiti from the earthquake in 2010. Many of these places, with people just like you and me, are still suffering from these devastating natural disasters. Meanwhile we get extra "goodies" and videos to ride out the storm. Almost feels like fun in amidst a bit of trepidation.

Not at all to minimize real concerns and fears of many on the East Coast. Especially as Sandy really makes it way in here beginning this evening on into Tuesday, we truly don't know what lies ahead. It makes you stop and think how important it is to be a good neighbor and look out for the interest of others.  When you get a moment take a look at these staggering statistics comparing some of the most devastating hurricanes to one another. Hurricanes that made their Mark!! Makes you take a second glance and have real respect for the laws of nature. So keep safe through it all and hopefully the damage will be minimum to none at all.

Few rules of thumb for property homeowners who have sustained some damage from the storm:
1. Take Photos of all damage
2. Save receipts if you repair or replace anything on your own
3. Do your best to try to prevent the spread of water. Check your SUMP PUMP every few hours
4. Seal off broken glass 

If you do sustain damage to your property, there COULD be substantial delays in getting workers out to fix the problem. Please don't hesitate to call a contractor before your claims adjuster is assigned to you from your respective insurance company. This can speed up the process of having your property taken care of. If you're not sure if you're covered, call your local insurance agent and ask about your coverage. 

The MRE Group is riding out 2012 with you! Be safe!!!

We're Happy Because OUR CLIENTS are Happy!

HA! So this year we made it our aim to bring together a fabulous short sale team so that we could provide the A List service our clients deserve. We are proud to announce that our goal set is working! We have added numerous clients to our short sale fold and through the top notch attorney, incredible title company and fantastic short sale negotiators our clients have walked with no deficiency judgments and have escaped FORECLOSURE. Now that's a good day at the office!

Are you laboring as to whether you should do a short sale? Worried about tax implications? Deficiency judgments a major heartache? Just need an education without feeling ANY pressure? No worries....that's my favorite line because its true. You've dropped by the right place and we are here to help. This and any of your other real estate question can be answered at Real Estate Renew.

Want to see some of the properties that we have been successful with selling as Short Sales click on MRE Group's Sold Listings.

Short Sweet and Easy....that's the MRE Group way!

RECOVER YOUR EQUITY in your 16th Street Heights property

16th Street Heights At A Glance

The enormity of 16th Street Heights is fabulously incredible!! One of the largest quadrants yet tranquility abounds in 16th Street Heights.  What makes this lush landscape so vivid is that it almost devoid of any restaurants, bars, stores or new condos. It has kept it very traditional feeling of enormous Arts and Crafts and American Foursquare Homes. If your a little less swish and little more simple try a sweet Victorian on for size and drench in antiquity. 

A vast number of homeowners in the 16th Street Heights community are like many of my clients, they  bought their property before the economic downturn only to have their investment plummet in value, wiping out their equity and leaving them with a mortgage considerably higher than the value of their home. 

In an effort to help my clients I have partnered with an investment group that can help you.  The strategy is simple.  If you are unable (or unwilling) to pay outrageous, inflated mortgage payments any longer, they purchase your debt at a discount from your current lender and then sell it back to you - saving you thousands from your original debt!

HOW DOES THIS AFFECT YOU??

Reducing Your Mortgage Principal while Lowering Monthly Payments, Recovering Equity, and Protecting or Improving Your Credit

Do you owe more than your home is worth?  We can help you:

Keep your home
Reduce your mortgage
Lower your monthly payments
Recover your lost equity
Protect or improve your credit

Why does this work?  Because banks are scared.  The default rate in the DC area is extremely high. Many lenders would rather get rid of their Jumbo loans at fire-sale prices than risk losing everything to a default.

This is not a short sale so you keep or even improve your good credit.  It’s not a loan modification or loan forgiveness so there is no 1009c tax liability.

What does the SOLD market look like in 16th Street Heights in 2012?

This strategy has been used successfully in the commercial real estate market for years.  For the past nine months it has been applied to the residential market.  

The window of opportunity is now.  If you or anyone you know has a Jumbo mortgage higher than the value of your home, contact me at  202-438-1056 and let's see if we can help you.  

Skeptical?  Good.  Call me anyway. There is nothing for sale here. Call me and within 5 minutes you’ll know if you can take advantage this or not.

Warmly,

Natalie Dean

Taylor Properties

202-438-1056

P. S. Don’t continue to pay inflated mortgage payments just because you can.   Call me today: 202-438-1056

P.S.S. READING THIS POST AND WISHING YOU LIVED IN 16TH STREET HEIGHTS???? Look no further check out what is for LIST. At the MRE Group we've got everyone covered! Happy Searching. 

Active Listings in gorgeous 16th Street Heights

SELL Your UNDERWATER Mortgage and Get CASH

Most critics say not possible! Well not so fast, this is a evolving market and the game has changed. The question is--will YOU take advantage of it?

The Primary Focus Give Options to Homeowners Who Are Having Difficulty With Their Home Using TRADITIONAL Methods of Real Estate Services. 

Are you a homeowner who is facing financial difficulty and considering a short sale? Is your home currently underwater? If so there is help. I am affiliated with a company, Golden Gate Funding, LLC, they purchases distressed mortgages from a variety of different lenders across the United States.  By doing this Golden Gate Funding becomes the lender and can help the homeowner with their distressed property.

Some Benefits of Using Golden Gate Funding, LLC

1. We do not issue a 1099 on the first lien.

2. We waive the deficiency on the first mortgage

3. You can walk away from their debt obligations as well as settle additional liens.

4. Original loan is “settled in full” on your credit report

5. Avoid foreclosure

6. If you have no other liens we can get you cash on the property

7. Faster than a normal short sale

8. Better than a loan modification

FREQUENTLY ASKED QUESTIONS

Q.  How long will this take? 

A.  Usually it takes 30-60 days to get enough files so that we can submit a package to the lender.  Once enough files are obtained it takes our attorney’s 60-90 days depending on the lender to negotiate the note purchase.

Q.  How many files does Golden Gate Funding need to submit? 

A.  For lenders like Bank of America, Wells Fargo, and Chase we will need 30 while for most other lenders we will need 10.  In some cases we may look at singles. 

Q.  Which lenders does Golden Gate Funding work with? 

A.  Bank of America, Wells Fargo, Citibank, Chase, Select Portfolio Servicing, Litton Loan Servicing, IndyMac, BB&T, American Home Mortgage Servicing, SunTrust,  Ocwen, Regions, Fannie Mae, Freddie Mac, GMAC.   We can also work other lenders in certain other situations. 

Q.  Why do you need my social security number? 

A.   In order to make sure we are purchasing the right note, lenders will ask for this to process the file.

Q.  When will I have to leave my home? 

A.   The property will need to be vacant before we buy the note.  We can give a maximum of 30 days or a minimum of 7 days.  We will let you know as early as we know the note purchase will go through.

Q. How do I know this is not a scam? 

A. There is no cost up front.  We don’t make any money unless we are able to purchase the note.

Q.  Can I keep my property? 

A.  Yes, as long as you have proof that you can payoff 85% of the current market value that we determine.  This can be through a conventional loan with another lender or savings that you might have in an account.  Let us know and we can prepare that paperwork.

Q.  What if I want to stop the note purchase? 

A.   It costs us $2000 per file with our attorney to do the note purchase.  If we have begun negotiations and paid this fee then you will need to pay us that money back to cancel the note purchase.  If we have not begun then let us know and we can stop the file. 

Q.  What if my house needs repairs? 

A.  Repairs can’t be more than 10% of the sales price.

Q.  What if I am currently in bankruptcy or in the process of a loan modification?  

A.   For us to negotiate then they will have to been discharged or completed. 

Q.  What if my home is currently rented?

A.  We can work with you, but will need to see the lease in order to see if there is an “out” clause to have the tenant removed.  We would also want to see proof of where the security deposit is held. 

Many Americans are dealing with distressed homes and they want to move on with their lives and relieve the anxiety. Are you one of them? Do you have friends and family who you know can benefit? Then give the gift of stress relief and throw in a SPA visit too if you need to! (smile)

Don't hesitate contact us today and a get a fresh start on life!!!

“Do You Have a Jumbo Loan and Good Credit – but no Equity in Your Home?”

The bad news is that there is very little chance that real estate values are going to improve in the coming years.  That means for many years to come you are going to be paying inflated loan prices for a property that may never recover its value.

Well, you are not alone.  Currently, 12 million people in the United States have mortgages that are higher than the value of their homes.

If that is you,

What are Your Options?

#1- You can continue to pay money for a house that may never be worth what you are paying.  This is a like flushing money down the toilet, but at least you won’t have to move.
#2- You can choose to default on your mortgage. With this option you will lose your home, destroy your credit for years, and ruin your reputation.  Not to mention making it next to impossible to buy or rent another home for several years afterwards.  Plus, your lender may still come after you for the rest of the money after the foreclosure.
#3- You can try for a loan modification. But that is just a temporary band-aid and ultimately leaves you paying a lot more later on.  Plus, you get labeled as “a bad risk” just for asking.

However, there is another way.  You can:

Ø  Save hundreds of thousands of dollars on your mortgage

Ø  Get equity in your home

Ø  Maintain your outstanding credit or even improve your credit

Ø  Lower your monthly payments

Ø  Avoid the tax liability that comes with a 1099C

And we can typically do this in two months.

Plus, you get to keep your home, which is why you originally bought it. 

And if you have a second home or an investment property with a jumbo loan that is under water, this simple solution works for you too.

Which Mortgages Qualify for this Program?
Fantastic Question! 

An Individual Must Have these factors:

• Must Have Good Credit
• If your credit is poor you must be able to have good credit within a year (we will discuss additional details)
• Mortgage No MORE Than 3 Months Delinquent
• Your Current Mortgage Amount MUST Be Greater Than Current Market Value 

What Does My Current Loan Amount Have to Be to Qualify for this Program?***

Another Awesome Question!

1. Northern VA Counties - You must have a mortgage of $479K or greater on a property

2. Maryland Counties- You must have a mortgage of $479k or greater on a property

3. Washington DC- You must have a mortgage of $729,500 or greater on a property

                                                         You Have a Way Out
We need to talk!

Don't hesitate this is NOT a gimmick!  Contact us today to get started and GET YOUR EQUITY BACK.

***Loan Amounts Subject to Change