Posts Tagged ‘Foreclosures’

Greg Asher Is Certified

Tuesday, September 6th, 2011
Greg Asher of The Asher/White Team, Windermere Real Estate Palm Springs Midtown 760-799-9831

Greg Asher of The Asher/White Team, Windermere Real Estate Palm Springs Midtown 760-799-9831

Congratulations to Greg Asher of the Asher/White Team at the Windermere Palm Springs Midtown Office!  Greg has received his Short Sales and Foreclosure Resource (SFR) Certification from the National Association of Realtors®!

What this means, of course, is that Greg is now even more qualified to help his clients navigate those challenging waters that have become such an integral part of today’s real estate market.

“Continuing Education is certainly nothing new with Windermere and Greg Asher,” says Bob Deville, co-owner, Windermere Southern California. “Windermere congratulates Greg for his hard work and initiative in furthering his real estate credentials.”

Good job, Greg!

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Buyers and Sellers Benefit from REALTOR® Expertise in Distressed Sales

Tuesday, January 5th, 2010

RandyWiemer-SFR-12-09 copyWindermere agent Randy Wiemer has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.

According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures. For many real estate professionals, short sales and foreclosures are the new “traditional” transaction. REALTORS® who have earned the SFR certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities.

The certification program includes training on how to qualify sellers for short sales, negotiate with lenders, protect buyers, and limit risk, and provides resources to help REALTORS® stay current on national and state-specific information as the market for these distressed properties evolves.

You can reach Randy Wiemer at: www.GreatDesertHomes.com , or email: Randy@RandyWiemer.com , or by phone at (760) 333-7747.

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Randy Wiemer Receives 2009 Realtor of the Year From PSRAOR

Saturday, December 19th, 2009

randy-wiemer-realtor-ofthe-year-09-450px

Randy Wiemer was awarded the 2009 Realtor of the Year award from the Palm Springs Regional Association of Realtors on December 16, 2009. Randy was selected from over 1000 realtors for this prestigious award. His selection was based on his personal contributions and dedication to the members of the Palm Springs Regional Association of Realtors (PSRAOR).

Randy has been a licensed California Realtor since 2005. He served as the 2009 Chairman, Local Governmental Relation Committee (LGR). Randy has also earned the e-PRO Certification, EcoBroker Certification and just completed the requirements for the new Short Sales and Foreclosure Resource (SFR) Certification.

Before working in real estate, Randy was on active duty in the US Air Force. He was a Master Navigator with over 2,790 flight hours in numerous aircraft. In June 2004 Randy retired as a Major from the USAF.

Randy is currently on the team of Langham and Wiemer, Windermere Real Estate, Palm Springs, CA. You can reach Randy at www.GreatDesertHomes.com , Randy@RandyWiemer.com  or by phone at (760) 333-7747.

Photo: Randy Wiemer (left), being presented with award from Windermere Palm Springs Main office broker David Cantwell.

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Agent Team Has Already Sold 100 Homes This Year!

Tuesday, September 8th, 2009

“I am happy and proud to say we just closed our 100th property this year,” shares REO Director Michael Ricks. “As you know, nothing happens by accident and Mike Haque and I wanted to say a big “thank you” for all the dedication, hard work and support we receive from our loan brokers, escrow officers, support staff, cooperating brokers and field services. We have an amazing team of professionals that we work with everyday that are the best at problem solving and focused on our mission of taking care of our buyers and sellers needs,” he adds.

Michael explains, “We work meticulously and are diligent to make sure we put together deals that will close and appreciate your role in ‘making it happen.’ We do our best to make sure the communication is open, informative, honest, respectful, supportive and professional. Our biggest thrill is to take a sad little house and to help make it back into a happy home, what we all do by moving REO’s is a good for the communities and public we serve. Thank you very much again, your support means a lot!”

Thank you Mike and Mike for being of such service to our desert area home buyers and sellers. Congratulations on your amazing achievement.

To contact Windermere agents Michael Ricks or Mike Haque, visit www.DesertBankOwned.com.

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Short Sale Or Foreclosure? How To Choose

Sunday, July 12th, 2009

Longtime resident and member of the Indian Wells Country Club, Realtor Anne Alexander is a Certified Distressed Property Expert (CDPE) who offers the following tips to homeowners considering a Short Sale vs. a Foreclosure.

Most homeowners are not aware that a Short Sale has less serious consequences for the homeowner than a foreclosure.

For example, a homeowner who loses a home to Foreclosure is ineligible for a Fannie Mae backed mortgage for a period of 5 years as opposed to a Short Sale which makes them ineligible for only 2 years. Investors are ineligible for 7 years compared to 2 years.

In addition, a Foreclosure will typically lower your credit score anywhere from 250 to over 300 points and will affect your credit score for over 3 years. A Short Sale will typically lower your credit score as little as 50 points if all other payments are being made and will affect the homeowner for as little as 12 to 18 months.

Foreclosure remain as a public record on a person’s credit history for 10 years or more. A Short Sale is not reported on a credit history. The loan is typically reported “paid in full, settled.”

Homeowners (and many Realtors) do not understand Short Sales and are mainly interested in the consequences to their credit and their life.

We advise them to do a Short Sale … IF THEY QUALIFY. It’s not a “get out of my mortgage free card,” though. A homeowner must be able to demonstrate a verifiable hardship such as a job loss, death in the family, mortgage rate adjusting to the point they cannot afford it, illness etc. But, there is no point in listing a home as a Short Sale if the bank will not agree to it. The homeowner CANNOT have assets that could be used to pay the mortgage.

Most problems with Short Sales stem from Realtors who are not familiar with them. For example, a smart Realtor will only present ONE offer to the bank – the highest and the best. You must present all the rest of the offers to the Seller but you present only ONE offer to the bank. You also need to present a COMPLETE package to the bank.

For additional information, you can contact Anne at www.thealexanderteam.net or email: thealexanderteam@windermere.com

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