Buy my house, Buy home, Real Estate Investors, in Connecticut,USA

We Will Buy Your House Fast for Cash

housesold — Sat, 28 Jan 2012 15:04:36 +0000

If you are looking to sell your house quickly or if you have found yourself in a real estate problem and you are simply looking for answers, we can help! Every year there are hundreds of thousands of people who get hit with one of life’s unexpected curve balls, forcing them to sell their house. Most have no idea what options are available beyond listing a house with a realtor or trying to sell the house on their own and hoping for the best. Often, these are not the best choices. We know life can get complicated, that’s why we want to arm you with the knowledge to make the best decisions about your property. Understand – You Do Have Options! Our company specializes in solving real estate problems and we can help correct most situations at no cost to you! Our goal is to put power back in your hands. A brief phone conversation with us may actually be life-changing. Our real estate specialties include:

• Foreclosure Avoidance
• Debt Removal or Renegotiation
• Refinancing Houses in Foreclosure
• Sell Your Property Without Realtor Commissions
• Resolving Title Issues
• Relocation Assistance
• Vacant Properties
• Environmental or Structural Problems
• Over-leveraged Properties
• Judgments or Outside Liens
• Little or No Equity Sales

Don’t wait another minute to call us. All consultations are completely confidential, free of charge and there is absolutely no obligation. We work with each homeowner individually and explore all possible options. Here is a short list of what we can do for you:
• Cash Offer Within 24 Hours
• Closings Within 9 Days or on Your Timeline
• No Real Estate Commissions
• Save Money on Closing Costs

We are real estate professionals helping provide solutions to your existing real estate problems. We have numerous testimonials from customers just like you. CALL US TODAY so we can discuss your situation immediately. Remember, all consultations are completely confidential and absolutely free. We look forward to working with you right away!

Benefits of Pre-Qualification

admin — Fri, 27 Jan 2012 00:17:49 +0000

The Benefits of Getting Pre-Qualified for a Mortgage

During the height of the real estate boom, getting a mortgage was easy. Now, home buyers have to jump through hoola hoops before they can sign on the dotted line

Today, the first step in landing a home loan is obtaining a letter of preapproval. This means a mortgage lender has verified that you’re approved for a mortgage of a certain amount over a fixed timeframe.

Preapproval letters are prepared even before you’ve picked out your home. They remove some of the uncertainty in the home-buying process. In the current housing market, real estate agents and sellers don’t want to work with buyers unless they have been preapproved.

With a letter in hand, buyers know exactly how much they can borrow and therefore how much house they can afford. A preapproval letter shows the seller and the seller’s agent that the buyer is capable of buying their house. For most sellers, the issue is not whether they can get an offer, but whether they can close the deal.

Agents see preapproved buyers as more serious because they’ve taken proactive steps to secure a preapproval. When it’s time to make an offer, a preapproved buyer will be in a better position to negotiate especially if they have a large down payment and can close a cash deal. It will also allow the buyer and agents to be more efficient with their time in viewing properties that fall within the qualification range.

Here’s what home buyers need to know about mortgage preapproval.

Get Preapproved before you Begin your Search

When seeking preapproval, talk to a few different mortgage lenders to find the best mortgage package that suits your needs. Two or three lenders are customary but more aren’t necessary to get a good deal because loan packages are generally very similar and pricing tends to be comparable. It’s best to consult with lenders before you start house hunting. This way, you’ll know how much you can borrow and which houses are in your price range.

Prepare your financial biography.

Getting preapproved means a lender must review and verify a home buyer’s income, credit and assets to ensure he can make the necessary monthly payments on a house. In the wake of the housing bust, borrowers must be more forthcoming when it comes to their finances. Your lender should tell you precisely what you need, but be prepared to include:

W2 statements (or 1099 income statements) for the last two years
Federal tax returns for the last two years
Bank statements for the last few months
Recent pay stubs and proof of other income
Proof of investment income

Understand the preapproval process does not obligate you to one lender.

Preapproval doesn’t bind you to a particular lender; it’s just a promise that the lender is willing to make the loan. It’s just a pre approval; the buyer isn’t obligated to borrow from that lender.

Get Informed on Options for Foreclosure

admin — Wed, 25 Jan 2012 23:38:43 +0000

Facing Foreclosure?

Know the Facts, Understand the Effects, Know Your Choices, Make your plan, Take Charge

Foreclosure is the process where a lender recovers the amount owed on a defaulted loan by selling or taking ownership of the property securing the loan. The process begins when the borrower/owner defaults on loan payments and the lender files a public default notice called a Notice of Default or Lis Pendens.

Possible Foreclosure Outcomes:

Reinstate/Forbearance
The borrower/owner can reinstate or renegotiate the loan terms during the pre-foreclosure period.

Sale
The borrower/owner can sell the home to a third party during pre-foreclosure using the proceeds to payoff the loan and avoid foreclosure.

Bank Ownership
The lender can take ownership either through default or failure to sell.

The best defense in a foreclosure is finding the right people who can help you make the best and most informed decision for your situation. We specialize in solving real estate problems and will assist you with finding answers to the real estate dilemmas you have encountered.

Here is a short list of issues we can help with:

Purchase Programs:
Purchase your home directly from you with no realtor commission, in “As Is” condition for cash.

Short Sale Programs:
Work with homeowners who are over leveraged to sell properties and avoid a foreclosure judgment.

HouseSold Real Estate LLC’s Network of Professional Referrals:

Mortgage Refinance:
Work with lenders who specialize in helping homeowners who are behind in payments.

Loan Modification:
Work with homeowners to get back on track with their current mortgage.

Credit Repair:
Work with homeowners to repair or improve credit scores following unfortunate financial events.

Legal Guidance:
Work with homeowners to clearly understand their options to and ramifications of foreclosure.

OPTIONS TO AVOID FORECLOSURE

You have multiple options to consider, to avoid a forced foreclosure sale. Some options can allow you to keep your home and credit rating intact, others may involve selling your home to preserve your credit rating. Knowing your options can help you choose the best plan for your situation.

Special Forbearance
Your lender may be able to arrange a repayment plan if you recently lost a job, source of income or have incurred extraordinary expenses. You would need to show proof of your ability to meet the revised payment schedule.

Mortgage Modification
You may be able to refinance the debt and/or extend the term of your mortgage loan. This may provide needed relief by reducing monthly payments to a more affordable amount.

Partial Claim
Your lender may be able to work with you to obtain an interest free loan from HUD to bring your loan current, if you are a qualified borrower.

Selling Prior to Foreclosure
You can sell your property and payoff your mortgage loan to avoid foreclosure and damage to your credit rating.

Deed-In-Lieu of Foreclosure
As a last resort you may be able to ‘give back’ your property to the lender. It will not save your house but, if you qualify, may save your credit rating.

Comparing Options: Foreclosure vs. Short Sale

Issue	Foreclosure	Successful Short Sale
Future Fannie Mae Loan – Primary Residence	A homeowner who loses a home to Foreclosure is ineligible for a Fannie Mae backed mortgage for a period of 5 years.	A homeowner who successfully negotiates and closes a short sale will be eligible for a Fannie Mae backed mortgage after only 2 years.
Future Loan with any Mortgage Company	On any future 1003 application, a prospective borrower will have to answer YES to question C in Section VIII of the standard 1003 will affect future rates.	There is no similar declaration or question regarding a short sale.
Credit Score	Score may be lowered anywhere from 250 to over 300 points. Typically will affect score for over 3 years.	In some cases only late payments on mortgage will show and after sale mortgage will be reported as paid or negotiated. This may lower the score as little as 50 points if all other payments are being made.
Credit History	Foreclosure will remain as a public record on a person’s credit history for 10 years or more.	A Short Sale is not reported on a persons credit history. There is no specific reporting item for ’short sale’. In most cases a loan is typically reported ‘paid in full, settled’ or ‘paid as negotiated’.
Employment	Employers have the right to regularly check credit history of all employees who are in sensitive positions. A foreclosure in many cases is ground for immediate reassignment or termination and may challenge employment opportunities.	A short sale is not reported on a credit report and is therefore not a challenge to employment.
Deficiency Judgment	In 100% of foreclosures (except in those states where there is no deficiency) the bank has the right to pursue a deficiency judgment.	In some successful short sales it is possible to convince the lender to give up the right to pursue a deficiency judgment against the homeowner.
Deficiency Judgment (amount)	In a foreclosure the home will have to go through an REO process if it does not sell at auction. In most cases this will result in a lower sales price and longer time to sale in a declining market. This will result in a higher possible deficiency judgment.	In a properly managed short sale the home is sold at a price that should be close to market value and in almost all cases will be better than an REO sale resulting in a lower deficiency.

Facing Foreclosure? Take Control

jnomakeo — Tue, 24 Jan 2012 19:43:05 +0000

When you are dealing with a foreclosure, knowledge is power. There are few things more frightening and disheartening than losing a home to foreclosure. In today’s economy, foreclosure is an experience more and more people are facing. The outcome is going to favor those individuals who are in control of the decisions being made.

Taking no action will only ensure the worst possible outcome for you. You are not powerless. In fact, you have the ability and right to make decisions on your own behalf. With some basic information you can make confident choices that can dramatically change the course of events which will define your future. When faced with a pending foreclosure it is important to know your options and take action. You do not have time to waste!

The 5 Steps to Taking Control

Realize you are not powerless.
Gain Knowledge. Begin to understand the process, choices and results.
Find your experts. Attorneys, Credit Counselors, Mortgage Experts, Real Estate
Specialists, Tax Professionals, and Relocation Counselors.
Make your plan.
Take Action.

Sell Your Home Fast to Real Estate Investors

jnomakeo — Mon, 23 Jan 2012 19:38:54 +0000

Selling to a real estate investment company eases the process of moving on from your current home. HouseSold Real Estate specializes in buying properties in As-Is condition with cash offers to make it an efficient and simple process.

There are no expensive improvements or costly upgrades required to make your property more appealing to potential buyers. There are no time consuming showings that require you to keep your property in ‘show’ condition at all times. You don’t have to worry about a realtor who may be charging you a costly real estate commission of 6%. There is no anxiety over whether your home will sell or not. We make it a fast, efficient process, without delay or stress that your property might fail inspection, forcing you to use savings for expensive repairs.

Joe & Teri, Wethersfield CT

housesold — Tue, 04 Oct 2011 17:14:46 +0000

Ken,

We just wanted to thank you and let you know it was a pleasure doing business with you in the sale of our house and we appreciated your patience and helpfulness with the problems we had getting the tenants out of the house. You made the process of selling our house very uncomplicated and stress free.

We contacted you after we had received a flyer from you in the mail.

Thanks again,

Joe and Teri Misbach

Paul, Farmington CT

housesold — Fri, 02 Sep 2011 17:33:48 +0000

You did everything you said you would …. and my mom were pleased with your service.

Paul Koprusak

Nick, Farmington CT

jnomakeo — Mon, 18 Jul 2011 17:45:52 +0000

“Ken and his company recently purchased one of my listings in Farmington. They quickly made an acceptable offer to the seller in a multiple offer situation which complicated the matter. Once the offer was accepted Ken and company followed the terms of the contract to the letter. The transaction closed on time without complication. It was a pleasure to work with Ken and company and I would be very happy to repeat the process with them.”

Nick Cifaldi

Prudential Connecticut Realty

Lynn, Ashford CT

jnomakeo — Mon, 18 Jul 2011 17:44:24 +0000

Dear Mr. Potter,

Thank you for all you have done during the purchase of my house. I have never sold a home before and you were helpful and professional during all of our interactions. You took care of all the testing on the well water and septic system from scheduling to payment and kept me informed of progress and results. When I called to terminate the electric service you had already efficiently changed it over to your company! You also recommended a lawyer who resolved a title problem promptly.

As I told you, my parents built the house. It meant a lot to me that you shared your plans for the renovations the house needed. You went beyond the repairs the house required and added significant updates. Thanks to you, the new owners are very lucky to have that beautiful property and a house that now matches it. I would recommend your services to anyone that has a house to sell. You made the entire process clear and much quicker than I could have done it on my own. Thank you again and good luck in the future.

Sincerely,

Lynn Bard

Sandra P, Rocky Hill CT

jnomakeo — Thu, 14 Jul 2011 15:31:22 +0000

I recently purchased my new old home from Ken Potter (Housesold Real Estate, LLC). I never would have thought that I would ever want to buy an old 1850 home. But when we first walked in it was love at first sight. Ken has the vision to see what changes can improve the livability of the home without changing the character. Ken and his crew are the Transformers. Ken was a absolute sweetheart to work with. He made a list of things that he was going to replace or repair without us having to ask. And he agreed to almost everything I asked for. Very fair.

Sandra P