Real Estate Information Archive

Our Country has been faced with an epidemic and it’s called Foreclosures.  There have been 1.65 Million properties that have received foreclosure filings in the first half of this year putting our Nation on pace to see more than 3 Million foreclosures filings this year.  It does not have to be this way.  There is a solution, it’s called Short Sales.  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 “sold short.”  

 Why would a bank short sale a home instead of foreclosing?  Banks absolutely do not want foreclosure on homes.  They are not in the home selling business nor are they in the property management business.  Banks make money when they loan money.  Bottom line is they lose less money if the seller short sales the home.  If the homeowner short sales their home the bank does not have to take possession, title, have holding cost, pay Attorney fees for the foreclosure, pay water and electric bills etc. 

We have made it our goal to help as many people as possible.  We stop the foreclosure and negotiate with mortgage companies on the sellers behalf.  I am a Certified Distress Property Expert.  This means that I have the extensive knowledge and experience as a real estate broker to educate homeowners facing hardship and successfully stop foreclosures. 

 If the bank foreclosures on a home, the homeowner is left owning the “deficient amount” this is the difference in what the house sells for and what was owed to the bank.  We stop the foreclosure and work for the homeowner to get the deficient amount waived.   The mortgage company pays for our service thus preventing the foreclosure and preventing excessive monetary loss and deficiencies.  

If you know anyone that has been faced with a hardship, please call or email with their name and number.  Your information will be kept totally confidential.  Examples of hardships are death, divorce, loss of job or business, illness to themselves or family member, Military service and Incarceration.  This is a time when homeowners facing tough mortgage situation are finding it difficult to get sound advice.  For more information log onto www.LouisianaForeclosureRelief.com  or call 985-626-1313. 

Save Thousands of Dollars by choosing a Realtor!

Let’s face it, money is a huge motivator especially in today's economy and the surliest sign of intelligence is a person who saves money.  Did you know that the National Association Realtors shows us that home owners who choose a "highly successful Realtor" actually save an average of 9% on the sale of their home, thus saving the brokerage fee cost.  The biggest savings for consumers comes from negotiation contracts, pricing the home for maximum profits and time on the market. 

It cost home owners each month a home goes with out selling.  Consider mortgage, taxes, utilities, maintenance and upkeep just to name a few.  A fast sale allows home owners to take advantage of the historically low interest rates.  If your not buying, considerer the buyers purchasing homes.  Rate hikes discourage them from buying and some have to drop down in the price of a home in order to qualify at the increased rate.

If savings thousands of dollars on the sale of your home interest you, give me a call. . .985-674-1111 

P.S. Check out our website  www.WayneTurnerGroup.com  for tips on preparing your home for the market.

Buy a home and get a $8,000.  The Stimulus Package will put money in your pocket for buying a home.  The proposed plan will give first time home buyers $8,000 to buy a home. How cool is that. . .buy a home and get $8,000.  This will be for owner occupied homes only.  You will not have to pay it back unless you sell the home within two years. 

This will work for all of Mandeville, Covington, Madisonville and Slidell Louisiana homes.  This will also include the purchase of any bank owned, VA and HUD FHA - Foreclosures.  The Stimulus package will be available for a limited time. Short Sale properties will also be available for purchase under this proposal. Call me direct or email me with any questions.  Wayne Turner, Broker 985-674-1111