Rob Davis Short Sale Expert

907 Lawnview Ave Shorview MN

Sat, 14 Aug 2010 08:46:59 GMT

Absolutely turnkey. Large master bedroom w/powder room & walk-thru full bath, plenty of closet space, vaulted ceilings, open and bright kitchen & dining area, lower level retreat with wet bar, plus a large deck overlooking treed park area with playground. Close to walking and biking trails. Visit www.twincitiesrob.com for more information and to view pictures.

How Are Minnesota Mortgages Foreclosed?

Thu, 12 Aug 2010 07:40:00 GMT

How are Minnesota mortgages foreclosed?

The primary method of foreclosure in Minnesota involves what is known asnon-judicial foreclosure. This type of foreclosure does not involve court action but requires notice commonly calledforeclosure by advertisement. When themortgage is initially signed it will usually contain a provision called apower of sale clause which upon default allows an attorney to foreclose on the property in order to satisfy the underlying defaulted loan which is sometimes referred to as abond. Theattorney acts as a representative of the lender to effectuate the sale which typically occurs in the form of an auction. Auctions are conducted by the Sheriff. Because this is a non-judicial remedy there are very stringent notice requirements and the legal documents are required to contain thepower of sale language in order to use this type of foreclosure method. For additional information contact me today.

Minnetrista Minnesota Short Sale

Thu, 12 Aug 2010 07:37:13 GMT

If you are considering taking money out of your 401K or savings to try to keep your home, you may want to talk to me first. Many home owners are not aware of the options available to them and take money out of savings to try to save their home. It is possible; you may end up losing both your home and your savings. If you are having trouble making your mortgage payments and would like to discuss you options contact me today. There may be more items to consider like, bankruptcy, your credit score, deficiency judgments & tax ramifications etc. I work with a skilled team of attorneys, and accounts that are available to discuss your specific situation. Whether you live in Minnetonka, Minnetrista, Maple Grove Plymouth, Medina, Orono, Wayzata, Lake Minnetonka, Victoria, Eden Prairie, Chanhassen or Chaska I can help. Short sales are not easy and you need an experienced agent on your side to ensure the best possible outcome for you & your family.

Short Sales in Minnetonka Minnesota

Thu, 22 Jul 2010 10:43:20 GMT

Are you currently late on your mortgage? or are you facing a hardship that is making your monthly mortgage payment challenging to make? Please contact me with any short sale related questions you may have regarding the short sale process. I specialize in short sales in, Maple Grove MN, Plymouth MN, Minnetonka MN, Wayzata MN, Medina MN, Minnetrista MN, Eden Prairie MN, Minnetrista MN, Waconia MN, Victoria MN, Chanhassen MN, Chaska MN, St. Louis Park MN, Minneapolis MN, Edina MN, Corcoran MN, Long Lake MN, Lake Minnetonka MN, Orono MN, Excelsior MN, as well as Hennepin, Carver & Dakota counties. For reliable & honest information please visit:

www.twincitiesrob.com

www.tcrshortsale.com

Have You Heard About The Government Programs Available To Home Owners? Find Out If You Are Eligible By Clicking Here!

Fri, 21 May 2010 09:11:56 GMT

Are You Eligible?

The government programs currently available to homeowners can be valuable resources, but only if you know which ones are right for your situation.

That’s why I’ve created this free resource that lets you find out which programs you’re eligible for. Read the descriptions for each program to see which one fits your situation, then fill out the corresponding survey to see if you are eligible.

Find out now if you are eligible!

The good news is that programs exist for a variety of situations, and even more options are available beyond those programs. As a CDPE-designated agent, I can provide all of your possibilities and help you get moving toward a solution

For discreet professional advice contact me today.

Rob Davis - rob.davis@results.net - Cell 612-770-5777 - www.TwinCitiesRob.com

Do you qualify for $3,000 to avoid foreclosure? HAFA is a new government program that may help you or someone you know.

Mon, 10 May 2010 07:18:25 GMT

If you haven't heard yet, there's been a big change in the housing market. Homeowners are now being offered $3,000 to avoid the foreclosure process through a short sale or deed-in-lieu of foreclosure.

This development comes through a new program called Home Affordable Foreclosure Alternatives (HAFA). It adds even more of an incentive to avoid the foreclosure process—a route that already has strong reasons to pursue.

When I meet people who are struggling to make mortgage payments, too often they think that foreclosure is their inevitable destination. The truth is that foreclosure is also a very costly process for the lender. If they can avoid it, they will.

With HAFA, homeowners are ensured a quick short sale process and they're guarded from being pursued by the lender for the remaining mortgage debt once the short sale or deed-in-lieu has been completed.

I have a free report available to download at www.tcrshortsale.com that explains exactly how HAFA can help those with unaffordable mortgages. If you know anyone in this situation, share this resource with them so that they can get their full range of options.

For immediate assistance, don't hesitate to contact me. I have been trained in how to find the best possible solutions for distressed homeowners.

I'm here to help.

Rob Davis I www.twincitiesrob.com

What IS HAFA? What Is Needed To Qualify?

Fri, 02 Apr 2010 15:47:44 GMT

Do you qualify for HAFA?

In order to qualify for the HAFA Program, you must first meet the initial HAMP criteria. More information on both HAMP & HAFA are available at www.tcrshortsale.com. A few of the specifics on HAFA are as follows:

1. Home owner must be delinquent on mortgage or face imminent risk of default.

2. Occupy the property as your primary residence.

3. Have a mortgage originated on or before January 1, 2009.

4. Have an unpaid principle balance no greater than $729,750 for a one-unit property.

5. Have total monthly mortgage payments exceeding 31% of your gross income

For more HAFA information please visit www.tcrshortsale.com to download a free report or contact me today.

Rob Davis I ReMAx Results I 612-770-5777 I rob.davis@results.net I www.twincitiesrob.com

What Is A Short Sale?

Tue, 30 Mar 2010 08:02:50 GMT

What is a Short Sale?

A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy have improved the chances of getting a short sale approved.

But to be technical, here's a more official definition:

A homeowner is 'short' when the amount owed on his/her property is higher than current market value.
A short sale occurs when a negotiation is entered into with the homeowner's mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then 'sold short' of the total value of the mortgage.

For homeowners to qualify for a short sale, they must fall into all of the following circumstances:

Financial Hardship – There is a situation causing you to have trouble affording your mortgage.
Monthly Income Shortfall – In other words: "You have more month than money." A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.
Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

This seems simple enough, but it is a complicated process that takes the expertise of an experienced professional. Together, we can identify all possible options and, when possible, I can assist you in the execution of a short sale transaction. If you or someone you know is in distress with their home please don’t hesitate to call me or visit www.tcrshortsale.com. I’m here to help!

Rob Davis I ReMax Results I 612-770-5777 I www.twincitiesrob.com

First Time Home Buyer Credit Expires April 30th 2010!

Thu, 18 Feb 2010 11:12:28 GMT

You may qualify for up to $8,000 in tax credits!

Did you know the Federal Government has extended its tax credit for First Time Hom Buyers & Current Home Owners who have owned their homes for the last five years?

You may qulify for the credit if:

You have never owned a home
You have not owned a home in Minnesota for the last three years
You have owned your current Minnesota home for the last five years

If you or someone you know would like to learn more about this great opportunity, contact me today! There are plenty of homes for sale in the Minneapolis, Twin Cities Metro that could be your new home!

How will my credit score be affected by a short sale vs. a foreclosure?

Fri, 12 Feb 2010 15:29:26 GMT

This is a great question and the answer is surprising to most people. A foreclosure will lower your credit score anywhere from 250 to over 300 points! Typically the foreclosure will affect your score for well over 3 years.

A short sale however will only show late mortgage payments after the sale. The mortgage is normally reported as "paid as agreed", "paid as negotiated", or "settled". This can lower your score as little as 50 points if all other bills are being paid. A short sale's effect can be as brief as 12 to 18 months.

Do you have specific questions about short sales? Please contact me... I would welcome the opportunity to speak with you!

How long does a short sale take to complete?

Sat, 06 Feb 2010 08:20:52 GMT

Every short sale is different and they take MUCH longer than a traditional sale. Currently the average short sale is taking 4 to 6 months to compelte in the Minneapolis area. If you are interested in searching for short sale homes visit www.TwinCitiesRob.com and set up your own customized home search.

Is a short sale more difficult to complete with two mortgages vs. one?

Sun, 24 Jan 2010 12:56:01 GMT

In most cases yes. The issue comes into play when the mortgages are not held by the same company. If your second mortgage is held by a different company than the first, it can be more challenging to complete a short sale. Keep in mind it can still be done but an experienced agent is needed to get this type of short sale to the closing table.

Options and Solutions

Thank you for visiting this site and taking the first step toward finding answers. I appreciate what it has taken for you to come here, and commend your efforts to get the facts about your situation. The current real estate environment can be frustrating, with misinformation and conflicting plans for how to proceed.

As a real estate agent, what I often see in troubled homeowners is a belief that they are alone with their challenges. Regrettably, over 70% of homeowners in foreclosure proceed without ANY visible assistance. This is not acceptable for the communities I serve.

That's why I've developed this site: to ensure you get the valuable resources that can reduce your financial strain and change your life for the better. As a CDPE I know the options for homeowners in foreclosure or delinquent on their mortgages, and I can send you a report detailing this information, prepared just for you.

Simply enter your information below and click "Send." I hope that you will review this information carefully, so that your next steps are the right steps toward a real solution.

Let me help you evaluate your options and get back on track to a solid, stable future.

Foreclosure Vs. Short Sale

As a Certified Distressed Property Expert, I have devoted my career to helping homeowners who face difficult situations, taking them from uncertainty to resolution. Lately I've found a lot of conflicting information going around, especially concerning short sales, which you should know about.

A short sale occurs when a lender accepts the selling price of a home, even if it is less than the full amount owed on the mortgage. For particular homeowners, this can be the best option to foreclosure. Yet, I still hear people suggest that short sales are basically the same as foreclosure.

This is absolutely wrong!

You need to have the CORRECT information. That’s why I'm glad you're here. To help, I’ve prepared a free report—just for you—that compares the realities of foreclosures and short sales side-by-side. Simply provide your information below, and I'll send you this report.

If you have any additional concerns about this issue, or your circumstances are urgent, please feel free to give me a call. I can help you evaluate your options and get you back on track to a secure financial future.

Rob Davis (612) 770-5777

7 Short Sale Myths

There are millions of homeowners just like you who are looking for answers and don’t know what to do. You’re not alone and you’re in the right place.

As a Certified Distressed Property Expert, I have training and experience in providing solutions to homeowners facing financial hardship. Despite my best efforts, there’s still an overwhelming amount of misinformation about the options available, especially short sales.

To give you a better idea of the short sale option, and to set straight some of the myths you may have heard, I’ve prepared a free report just for you - please fill out the information below to receive your free report. This report will clarify the following myths:

The Bank Would Rather Foreclose Than Bother With A Short Sale
You Must Be Behind On Your Mortgage To Negotiate A Short Sale
There Is Not Enough Time To Negotiate A Short Sale Before My Foreclosure
Listing My Home As A Short Sale Is An Embarrassment
Short Sales Are Impossible And Never Get Approved
Banks Are Waiting On A Bailout And Not Accepting Short Sales
Buyers Are Not Interested In Short Sale Properties

These ideas are potentially harmful to homeowners seeking real solutions. I hope you’ll review this information for yourself or share it with a homeowner in need.

In these times, we all need to know the truth to know how to get back on track.

If you have any additional concerns about this issue, or your circumstances are urgent, please give me a call.

Rob Davis
(612) 770-5777

The Truth About Mortgage Modifications

The decisions you make as a homeowner today hold a profound impact on your financial future. However, it is important to safeguard yourself from misinformation and fraud. Get the facts regarding your situation and always have a contingency plan.

For those who qualify, a mortgage modification is the ideal remedy to their financial distress. I’ve prepared a FREE report on the truth about mortgage modifications to guide you through this important process. Simply provide your information below to get this valuable information, and feel free to pass it along to anyone who may need it. One homeowner lost to foreclosure is one too many!

As a Certified Distressed Property Expert, I have training and experience in providing solutions to homeowners facing financial hardship. Together, we can formulate a plan to get back on track.

If you have any unanswered questions, or your circumstances are urgent, please call me today.

Rob Davis
(612) 770-5777

Short Sale & Deed-In-Lieu

Contrary to what you may have heard, lenders actually want to avoid foreclosure wherever possible. That’s why they’re accepting more short sale and deed-in-lieu transactions everyday in an effort to eliminate unnecessary foreclosures. This is great news for homeowners facing financial distress.

To help you understand more about these two options, I’ve prepared a free report just for you, called ‘Short Sale & Deed-in-Lieu: Dignified Solutions.’ To receive your free report, please provide your information in the fields below.

I hope you’ll review these options carefully and pass this information along to those who may need it. I commend your efforts to finding a solution to the difficult financial situation that you or someone you know is currently facing. Providing the best advice and information in your time of need is my priority.

Let me help you evaluate your options and get you back on track to a secure financial future.

Your First Steps To Avoid Foreclosure

Your First Steps

In today’s market, 1 in 7 homeowners is having trouble paying the mortgage. More than 70% of these homeowners proceed without seeking assistance or getting the facts. Many do not even realize that foreclosure is a process, and that there is time to make decisions that may result in a better outcome.

You are not alone. Millions of other homeowners nationwide are in the same circumstances. To assist you, I’ve prepared a free report outlining the first steps a homeowner should take when facing a foreclosure.

Fill out your information below for this free report. Don’t hesitate. Get back on track today!

This report is being offerd as a tool to help you or someone you know. I will not share ANY information and I will not contact you unless you ask me to. If you wish feel free to call my cell phone with any short sale questions 612-770-5777.

Strategic Defaults are NOT Strategic

Walking Away Is NOT The Answer

You may have heard that a “strategic default” can be an appropriate and even beneficial reaction to an upside-down mortgage or impending foreclosure. While this idea is widespread, the truth is that default is never an easy road to choose, and rarely ever strategic.

Unfortunately, the ramifications of a “strategic default” are rarely explained, leaving many Minnesota homeowners stranded on an island of misinformation. To assist you, I’ve prepared a free report outlining the myths and misrepresentations of strategic defaults.

Fill out your information below for this free report. Don’t hesitate. Get the facts today! Your information is kept private and WILL NOT be shared.

Avoiding Mortgage Modification Fraud

I Am An Agent Against Mortgage Fraud!

The last thing struggling homeowners need is to be victimized by fraud. Sadly, some people are preying on those who need help the most. Today, the real estate industry is the newest, biggest target for predatory schemes. In fact, the U.S. Attorney General, Eric Holder, stated that mortgage fraud cases are 400 percent higher than they were five years ago.

With nearly 1 in 6 homeowners unable to pay their mortgages, understand that you are not alone. Knowing your legitimate foreclosure-avoidance options is the best way to fight this terrible trend.

The report on this site will tell you how to avoid mortgage fraud schemes, as well as what solutions are available to you. Enter your information below and get the facts now!

Understanding HAFA

New Help Has Arrived!

The rising number of foreclosures in this country is simply too big to ignore. That is why a government-backed program has been released that aims at streamlining foreclosure avoidance options.

Short sales and deeds-in-lieu are dignified solutions to foreclosure, and now the government is making them easier, quicker and more accessible through the Home Affordable Foreclosure Alternatives Program, or HAFA.

With one in six homeowners struggling to make mortgage payments, you are not alone, and there are options available. With the free report provided here, find out if you qualify for the HAFA Program. Simply fill out your information below to get started on your new chapter of financial stability.

The report is free and very informative and I WILL not contact you if you unless you ask me to do so. Once the report is downloaded you can forward it to others who may be interested in the HAFA information.

Government Program Surveys

Are You Eligible?

The government programs currently available to homeowners can be valuable resources, but only if you know which ones are right for your situation.

Find out now if you are eligible!

Cash for Short Sales

Short Sales are More Valuable Than Ever!

Avoiding foreclosure is always a smart move, but now there are incentives that make it an even better one.

Short sales and deeds-in-lieu are dignified solutions to foreclosure, and now the government is making them easier and quicker through the Home Affordable Foreclosure Alternatives Program, or HAFA, which also gives the homeowner $3,000 for participating.

With the free report provided here, you can learn all the benefits of completing a HAFA short sale. Simply fill out your information below for details on the program and how you would benefit.

Please read this report to learn the facts, and contact me to start exploring solutions.

A Dignified Solution

You Deserve a Dignified Solution

The economy today has been especially hard on homeowners. I meet people every day who thought they made a responsible decision on their mortgage loan, only to be hit with the unexpected.

The first and best move to make in this position is to educate yourself on what your options are based on your financial situation. Avoiding foreclosure is always something worth pursuing if you can, and there really are dignified alternatives available.

To get my free report on all the options and benefits of avoiding foreclosure, fill out the form below and click "Send". If you need immediate assistance, please contact me right away.

I'm here to help.

Credit Score Issues

Don't Let Your Credit Score Drop Unnecessarily

Avoiding foreclosure now could make or break your attempts to get a loan in the near future and determine whether you can get affordable interest rates.

That's why I've made this site available for anyone in our community struggling with mortgage payments. Foreclosure alternatives like short sales and deeds-in-lieu allow homeowners to avoid many of the damaging effects of foreclosure. In addition, short sales may have less of an impact on credit scores than foreclosure.

To get all the information on how these options affect your credit score, fill out the form below and click "Send". If you need immediate assistance, contact me right away.

I'm here to assist you.