Selling Your Wellington Fl Home
There are many things you need to consider when deciding to sell your Wellington Fl home and also before you choose your Wellington real estate agent.
The first thing you need to do is decide on whether you want to sell your home or not. Do you really need to sell or just want to sell your Wellington home?
If you are relocating, most often selling your Wellington home is going to be your decision.
But if you are not relocating you should decide on why you want to sell your home.
Where are you planning on moving to and when? Are you going to rent a home or buy another home?
Can you stay in your Wellington home for the next six years or so in order to gain back some of the equity lost in the real estate bust?
Is your home going to be a Wellington Short Sale?
Does your home need a lot of repairs? In this market depending on what price your Wellington home will fetch will determine in what condition your home should be in. The higher the price point of your home, the more in perfect condition it will need to be in to get a decent offer.
Nestor Gasset and Katerina Gasset at International Properties and Investments LLC can help you go over all your selling home options. We have advised homeowners who would NOT benefit from selling their home to NOT put their home on the market. Call us today at 561-753-0135.
Why we are members of Miami Association of Realtors® and How That Benefits You
International Properties and Investments LLC- we are members of three Realtor® boards in our markets. We are members of the Realtor Association of the Palm Beaches, the Realtor® Association of St Lucie and we are also members of Miami Association of Realtors®.
Miami Association of Realtors® is our favorite board of realtors®. Miami Association of Realtors® combined with some boards in Ft Lauderdale, Broward county and areas of Miami/Dade county. There used to be so many boards to join in South Florida that it was actually cost prohibitive to do business in the Miami metro areas and Broward county because you would have to belong to so many different boards if you had agents in many markets.
The smartest thing that Miami Association of Realtors® did was merging and becoming the power board they are now. There is power in numbers.
How does being a member of the Miami Association of Realtors® benefit our sellers and those who are thinking about listing with International Properties and Investments LLC?
The reach is huge… if you want your property marketed on an international scale and be front and center with foreign buyers there is no other board who can deliver the power of international marketing the way that Miami Association of Realtors® can.
Your property gets marketed in 19 different languages and vast U.S. and International exposure on over 500 websites. We also send your listing to all the members of our network with foreign companies in the International Referral network.
Miami Association of Realtors® partners with real estate professionals in many other countries like Brazil, Columbia, Panana, Costa Rica, Mexico, Argentina, Puerto Rico, the Caribbean, Belize, Chile, Bulgaria, Denmark, Norway, Portugal, Italy, Russia, Lithuania, Estonia, Latvia, Poland, Hungary, France, Spain and the United Kingdom.
South Florida is the leader in selling properties to foreign buyers.
Foreign buyers like Polo Players and Equestrian riders and horse owners come to Wellington Florida to purchase Wellington Equestrian horse farms.
Foreign buyers come to the Miami Beaches to buy waterfront condominiums.
Foreign buyers come to South Florida for lifestyle and to open up new businesses here. We welcome foreign buyers.
Nestor Gasset and Katerina Gasset are Certified International Property Specialists and network with real estate professionals from many different countries.
List your property with International Properties and Investments LLC for to get your South Florida property marketed to more foreign buyers.
Why we are members of Miami Association of Realtors® and How That Benefits You
International Properties and Investments - we are members of three Realtor® boards in our markets. We are members of the Realtor Association of the Palm Beaches, the Realtor® Association of St Lucie and we are also members of Miami Association of Realtors®.
Miami Association of Realtors® is our favorite board of realtors®. Miami Association of Realtors® combined with some boards in Ft Lauderdale, Broward county and areas of Miami/Dade county. There used to be so many boards to join in South Florida that it was actually cost prohibitive to do business in the Miami metro areas and Broward county because you would have to belong to so many different boards if you had agents in many markets.
The smartest thing that Miami Association of Realtors® did was merging and becoming the power board they are now. There is power in numbers.
How does being a member of the Miami Association of Realtors® benefit our sellers and those who are thinking about listing with International Properties and Investments ?
The reach is huge… if you want your property marketed on an international scale and be front and center with foreign buyers there is no other board who can deliver the power of international marketing the way that Miami Association of Realtors® can.
Your property gets marketed in 19 different languages and vast U.S. and International exposure on over 500 websites. We also send your listing to all the members of our network with foreign companies in the International Referral network.
Miami Association of Realtors® partners with real estate professionals in many other countries like Brazil, Columbia, Panana, Costa Rica, Mexico, Argentina, Puerto Rico, the Caribbean, Belize, Chile, Bulgaria, Denmark, Norway, Portugal, Italy, Russia, Lithuania, Estonia, Latvia, Poland, Hungary, France, Spain and the United Kingdom.
South Florida is the leader in selling properties to foreign buyers.
Foreign buyers like Polo Players and Equestrian riders and horse owners come to Wellington Florida to purchase Wellington Equestrian horse farms.
Foreign buyers come to the Miami Beaches to buy waterfront condominiums.
Foreign buyers come to South Florida for lifestyle and to open up new businesses here. We welcome foreign buyers.
Nestor Gasset and Katerina Gasset are Certified International Property Specialists and network with real estate professionals from many different countries.
List your property with International Properties and Investments LLC for to get your South Florida property marketed to more foreign buyers.
Nestor Gasset- Katerina Gasset- 2011 Top 9% In Wellington and Palm Beach County out of over 5000 real estate agents in Palm Beach County.
Bragging rights:) and self-promotion going on here with a smile on my face- yes, it is time to toot our own horns here!
Back in 2007 there were over 10,000 agents in Palm Beach County and that number has dropped by 50%. We embraced short sales since we already knew how to do short sales since the 90′s recession and the 80′s recession.
More agents were doing short sales in Wellington and Palm Beach County in 2011. We remained in the top closers for our short sale listings. This is because we don’t give in nor do we give up. The last person that just googled to find us put in google: keyword + Aggressive short sale agents and our name popped up for them. You can not be passive and close short sales. You can not be an order taker and close short sales.
It was exciting to get the email from Ocean Capital Lending announcing our 2011 success being in the top 9% of all the agents in Palm Beach County. The best part about it is that it is a third party validation of our numbers, in other words, I did not do the math, a third party did:) And that is always a good thing!
Florida Foreclosure Update- Banks Must Prove They Own Your Note!
The 4th District Court of Appeal has ruled that the banks must prove they own your note before they can foreclose on your property.
This ruling may force the banks to dismiss some of their cases against homeowners and go back to start the foreclosure process over again after they get possession of the real note. This is good news for homeowners in the state of Florida- they get to have their day in court in order to prove their case. This of course, is also good for foreclosure defense attorneys and it is also good for Florida short sale agents because it gets us some more time to get a short sale approved for sellers who want to move on with their lives.
The Florida Supreme Court decided to take a case that had already gone to foreclosure. The bank had the note backdated ( allegedely) when they went to court against the homeowner. Even though the homeowner had lost his home the court still wanted to rule on this case because they said it would impact the foreclosure crisis in the state of Florida.
Then after that decision, the 4th District Court of Appeal ruled on the matter of the banks having to prove ownership of the notes they are foreclosing on.
Thousands of homeowners have said that the banks did not have the original note in their cases. Most of the banks end up finding the note before the final disposition of the foreclosure summary judgment but the appeals court ruled that the banks have to have ownership and prove ownership before they can even get started in filing a foreclosure summons and complaint against a homeowner.
The court said that if the bank has any doubt about the note, they should dismiss the case and then refile it later once this is resolved. The homeowner is entitled to an evidentiary hearing instead of the summary judgment hearing.
The summary judgment should not be used in cases where the homeowner wants a hearing. Summary judgments are not that common except in foreclosure cases.
Contact a Florida foreclosure defense attorney for futher information. We are not attorneys and we are not giving legal advice.
There are options to foreclosure. Contact Nestor and Katerina Gasset at 561-753-0135 for a confidential phone evaluation to go over your options to foreclosure.
Wellington Short Sale Listing Agents Get Approval Letters!
All of a sudden we started to get approval letter after approval letter at the end of the year. It could be the timing, it could be the servicers wanting to get files closed before the end of the year or it may be that aggresive Wellington short sale listing agents get the job done for sellers by not giving in or giving up.
Sometimes the work seems endless to get the approval letter stage and sometimes it feels like you are working and working with no end in sight. Sometimes you work and work and work on a short sale file and the day you get the approval letter is the day the buyer’s agent calls you to tell you her buyers are walking away from the deal!
Those are not good days! You have to pick up the phone to call the seller who is so excited about finally seeing a light at the end of the tunnel only to hear that the buyer walked. They even walk away from their earnest money deposit at times. They waited too long they always say.
But we pick up the pieces and go to the back up buyers or put the property back active on the market to hurry up and get another buyer who wants to close quickly at the approved price. This is why we want our sellers to reserve the right to accept back up offers.
Wellington short sale listing agents negotiate until we get an approval letter and help the sellers get to the closing table so they can get on with their lives and get this chapter closed.
What is a Wellington Short Sale?
Do you live in Wellington Florida or own an investment property in Wellington Florida?
Are you upside down in your mortgage on your Wellington Property?
Do you owe more than your home or Wellington investment property is worth today?
How long can you hold out? How long can you go before you are throwing good money after bad in your situation?
If you put your house or property up for sale for what you owe the bank- well, that is certainly not going to work in most situations unless you still have equity in your Wellington home. Most people who are behind in their mortgage payments are also under water. That means they owe more money to the bank than they can sell their house for.
Are you in that situation?
If you owe the bank $600,000 for your home loan but your house is only worth $300,000 you are considered upside in your mortgage and if you sold your house for the market value of $300,000 the bank would have to say they would agree to accepting less than what you owe them. Unless you are taking money out of your savings to make up the difference you will not have enough money from the sale of your Wellington home to be able to pay off the loan you took out on your home.
This is where we can step in to help you. We can negotiate terms for you with your bank to get them to accept less than what you owe them. That is a Wellington Short Sale.
What You Need To Know About Wellington Short Sales
If you live in Wellington you have probably heard about Wellington Short Sales.
You may know someone who has been through a Wellington Short Sale- your friends down the street, your neighbor or even perhaps one of your family members.
This website will give you important facts regarding short sales in Wellington that you should understand whether you are buying or selling a short sale. Whether you are buying or selling a Wellington short sale the real estate broker you choose is going to make the difference in how successful you are going to be in getting your short sale approved. Not every agent knows how to negotiate short sales. Sure, most agents can market your home, help send your short sale package to your lender and wait for their response.
But that is not enough. This is a real estate transaction where your broker needs to be proactive.
This is not a cookie cutter type of real estate transaction. You need someone who is NOT an order taker. Your broker needs to be in your fox hole with you. The lender is not your best friend and many times they are moving along with your Wellington short sale at the same time as moving your foreclosure right along.
Call us today to go over your foreclosure options and help you get started on your Wellington Short Sale. Your call is confidential!
Bank Of America Extends Florida Cash Incentive For Short Sales
Bank of America has a program to help short sales move along that is being piloted here in Florida. If your loan is being serviced by Bank Of America you had until November 30th to apply for up to $20,000 cash incentive to you, the homeowner at the successful closing of a short sale on your home. The incentive program is $5000 to $20,000.
This cash incentive is based on the amount of money you owe on your mortgage and you do not have to be late on your payments in order to begin the process of seeing if you qualify for the cash incentive.
Bank of America has extended the deadline to apply for the Florida Short Sale cash incentive to December 12, 2011. So you still have another week or so to get your request into Bank Of America. Call us because we can help you get this process going for your short sale.
In order to qualify for this program you CAN NOT have an offer on your property. We initiate the short sale and make the request. You must close on your short sale by August 12, 2012. You must also be eligible for either the HAFA program or the Bank of America Proprietary program.
The eligible short sellers will also be granted deficiency waivers in this program.
The following are NOT ELIGIBLE for this program:
- Ginnie Mae loans, FHA loans, VA Loans and USDA loans.
- Lot loans
- Short sales with offers.
ONLY FLORIDA Properties are ELIGIBLE.
Contact Nestor Gasset or Katerina Gasset at 561-753-0135 right now to get your file moving so you can see if you qualify for the short sale relocation assistance.
Baby Boomers plan to enjoy their retirement instead of saving an inheritance for their kids. More and more baby boomers are saying they have already given their kids enough and now it is their turn to enjoy life and enjoy their money. Many baby boomers even plan on leaving nothing behind for their kids.
Some baby boomers have paid for medical school, law school and even taken care of the grandchildren financially. Many of them are saying that they plan to spend their money while they are alive. Out of a survey that was taken about the investment habits of millionaire baby boomers only 49% said that it was important to leave money to their children when they die.
There are 77 million baby boomers that are or will be shortly making these kinds of decisions. Many other baby boomers are worried that they are not going to live out their golden years the way they want to because they are taking care of their grown children, their grandchildren and their parents financially and timewise.
Baby boomers are those who are between the ages of 47 to 65. Many baby boomers spent their lives building successful businesses and careers and many did so at the expense of free time, their health or even their marriages and other relationships because they were looking at the goal of having financial independence and doing what they want to do when they reach a certain age. They pay for pricey college educations for their children so they don’t get pangs of guilt about wanting to spend their hard earned money.
Baby boomers are not interested in giving up traveling, buying a second home for all cash in South Florida, golfing or going on cruises just so that they can leave money for their children to inherit. Most of them think that the amount of money they have been helping their grown kids with is equivalent to an inheritence anyways. They are supporting elderly parents, they are taking care of unemployed children, they are buying homes with all cash for their children who went through foreclosures or short sales.
When we were at our son’s baseball game the other night I saw the sticker on an SUV: ” We’re spending our kids’ inheritance.” If you want to spend your kids’ inheritance here in Wellington Florida- we will be happy to oblige:)!
Nestor & Katerina Gasset
