Hawaii Short Sales - Oahu Short Sales - Hawaii Short Sale - Specialist - Agent - Information

What’s Deficiency Judgment in Hawaii?

hawaiishortsale — Mon, 17 Oct 2011 14:23:48 +0000

Deficiency Judgment is a judgment for an amount not covered by the value of security put up for a loan or installment payments. Sellers often are concerned that bank or mortgage holder will ‘go after them’ for the difference between the amount owed on the note and the sales price.

Is Deficiency Judgment Permitted in Hawaii?

Yes, a deficiency judgment may be obtained when a property in foreclosure is sold at a public sale for less than the loan amount that the underlying mortgage secures.

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by Our Oahu Short Sale Clients

hawaiishortsale — Fri, 14 Oct 2011 17:35:20 +0000

“Thank you for helping us out. We are so happy to be done. We are so impressed with how fast and efficient he is. We had been struggling with selling our home using various methods for a period of 18 months with no success. Once we decided to use his services we closed in less then 6 weeks. When required to negotiate with the bank, he was very professional and effective. Above all he was compassionate regarding our feelings and sincerely wanted us to have a fresh start. We highly recommend to every one!”

- Garrett and Nicole Wright

What is CDPE in Real Estate?

Hawaii Short Sale Realtor — Wed, 10 Mar 2010 21:34:15 +0000

A Certified Distressed Property Expert® (CDPE) has a thorough understanding of complex issues in today’s turbulent real estate industry and knowledge of foreclosure avoidance options available to homeowners. CDPEs can provide solutions, specifically short sales, for homeowners facing market hardships.

Homeowners in Hawaii regularly proceed without guidance of any kind through the often financially and emotionally devastating prospect of foreclosure. Speaking with a well-informed, licensed short sale real estate agents in Hawaii, Oahu is the best course of action for a homeowner in distress. Through comprehensive training and experience, CDPEs have the tools to help homeowners find the best solutions for their unique situations and to avoid foreclosure through the efficient execution of a short sale in Hawaii.

Living through financial difficulties poses a challenge for any family, so why make the process of finding a qualified Hawaii short sale real estate professional difficult too? Select a Short Sale agent in Oahu Hawaii with the CDPE Designation to ensure you have a trained professional to address your specific short sale needs. For more information, contact a CDPE certified short sale real estate agents in Hawaii.

If you are behind your mortgage payments or facing a foreclosure in Hawaii, please contact our Oahu Hawaii short sale expert team as soon as possible. We have done successful Short Sales in Honolulu, Kahala, Diamon Head, Ala Moana, Waikiki, Kailua, Hawaii Loa Ridge, North Shore area in Oahu, Hawaii.

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What is Upside Down on Mortgage?

Hawaii Short Sale Realtor — Wed, 10 Mar 2010 04:43:03 +0000

Upside Down Mortgage means that you owe more on your home loan than your home is actually worth. An upside down mortgage is basically negative equity. When the demand for homes in Hawaii begins to slow, prices begin to drop and the actual appraised value of the home also drops as well. If a home buyer obtained a mortgage during a hot market, then when it readjusts and their property value drops the loan amount on the home can be more than what they could sell it for.

What’s the Solution?

You may want to consider a short sale. In short sale Hawaii, a mortgage company agrees to take less than the mortgage’s full balance to settle the debt. Then, you sell the home in Hawaii and give the mortgage company whatever you make on the sale. The mortgage company forgives the rest of the loan. To do a Hawaii short sale, you have to first get approval from the lender to see if the mortgage company offers this option.

A post from: Hawaii Short Sales

Home Loan Modification in Hawaii

Hawaii Short Sale Realtor — Wed, 10 Mar 2010 03:35:49 +0000

A Loan Modification is a permanent change in one or more of the terms of a Mortgagor’s loan, allows the loan to be reinstated, and results in a payment the Mortgagor can afford. Other names of loan modification are mortgage modification, restructuring, or workout plan. Loan modification is when a borrower is facing financial hardship and not able to make their mortgage payments, the lender reduces their interest rates in temporary or permanently to lower the monthly payments of the loan. The ultimate goal is to help the borrower reduce their monthly mortgage payments to 31% of their gross income.

“You are Not Qualified For Loan Modification and Refinance?”

> Our Hawaii Short Sale Reators can help you start fresh again!

A post from: Hawaii Short Sales