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Preparing To Sell The House – Part 2 of 2

Ok, you’ve realized you can’t keep your house due to a hardship that isn’t going away. But you may fear you can’t sell it either because of the down market we have right now in Michigan.

While we can’t help make your hardship go away so you can stay in the house and stop the pending Michigan foreclosure, we can help you sell the house in this market. We will hook you up with an experienced Realtor (one of our Elite Agents who know how to make things happen. However, they will need help & cooperation from you to attract a buyer.

This BLOG post is part two of two with tips you can do to help your house sell (click here for part one). After reading these two posts, I am sure you will want to know more. We can hook you up with one of our Elite Realtors to find a buyer and we will negotiate your short sale. Give us a call so we can get working on this with you.

Fragrances
Do not use scented sprays to prepare for visitors. It is too obvious and many people find the smells of those sprays offensive, not to mention that some may be allergic. If you want to have a pleasant aroma in your house, have a potpourri pot or something natural. Or turn on a stove burner for a moment and put a drop of vanilla extract on it. It will smell like you have been cooking.

Pet Control
If you have pets, make sure your listing agent puts a notice with your listing in the multiple listing service. The last thing you want is to have your pet running out the front door and getting lost. If you know someone is coming, it would be best to try to take the pets with you while the buyers tour the house. If you cannot do that, It is best to keep dogs in a penned area in the back yard. Try to keep indoor cats in a specific room when you expect visitors, and put a sign on the door. Most of the time, an indoor cat will hide when buyers come to view your property, but they may panic and try to escape.

The Kitchen Trash
Especially if your kitchen trash can does not have a lid, make sure you empty it every time someone comes to look at the house– even if your trash can is kept under the kitchen sink. Remember that you want to send a positive image about every aspect of the house. Kitchen trash does not send a positive message. You may go through more plastic bags than usual, but it will be worth it.

Keeping the House Tidy and Neat
Not everyone makes his or her bed every day, but when selling a house it is recommended that you develop the habit. Pick up papers, do not leave empty glasses in the family room, keep everything freshly dusted and vacuumed. Try your best to have it look like a model home – a home with furniture but nobody really lives there.

Remember Why You Are Doing All of This – to get out from under and upside-down house, to avoid the nasty long-term affects of a Michigan Foreclosure, and to prevent your lender(s) from coming after you for what they lose on the house.

Ann

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Preparing to Sell The House – Part 1 of 2

Ok, you’ve realized you can’t keep your house due to a hardship that isn’t going away. But you may fear you can’t sell it either because of the down market we have right now in Michigan.

While we can’t help make your hardship go away so you can stay in the house and stop the pending Michigan foreclosure, we can help you sell the house in this market. We will hook you up with an experienced Realtor (one of our Elite Agents who know how to make things happen. However, they will need help & cooperation from you to attract a buyer.

This BLOG post is part one of two with tips you can do to help your house sell. After reading this post and part 2 next week, I am sure you will want to know more. We can hook you up with one of our Elite Realtors to find a buyer and we will negotiate your short sale. Give us a call so we can get working on this with you.

Showing the House to Potential Buyers
Your house should always be available to show, even though it may occasionally be inconvenient for you. Let your listing agent put a lock box in a convenient place, to make it easy for other agents to show the house to buyers. Otherwise, agents will have to schedule appointments, which is an inconvenience. Most will just skip your house to show the house to someone else who is more cooperative. Yes, it can be inconvenient, but not nearly as devastating as a Michigan foreclosure.

Most agents will call and give you at least a couple of hours notice before showing your property. If you refuse to let them show it at that time, they will just skip your house. Even if they come back another time, it will probably be with different buyers and you may have just lost a chance to sell the house.

Why You Should Not Be At The House
Buyers will feel like intruders if you are at the house when they visit, and they might not be as receptive toward viewing the house. Visit the local coffee house, yogurt shop, or take the kids to the local park. If you absolutely cannot leave, try to remain in an out of the way area of the house and do not move from room to room. Do not volunteer any information, but do answer any questions the agent may ask.

Lighting
When you know someone is coming by to tour the house, turn on all the indoor and outdoor lights – even during the day. At night, a lit house gives a “homey” impression when viewed from the street. During the daytime, turning on the lights prevents harsh shadows from sunlight and it brightens up any dim areas. Your house looks more homey and cheerful with the lights on.

Remember Why You Are Doing All of This – to get out from under and upside-down house, to avoid the nasty long-term affects of a Michigan Foreclosure, and to prevent your lender(s) from coming after you for what they lose on the house.

Next week – Part 2 (more tips)

Ann

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Another $176,000 Vanishes

Last week, we closed on two different houses and my team made $176,000 of debt disappear between both of them. How is this done? This is done with a short sale. Don’t know what a short sale is? Well you can search this blog to learn more, or just give us a call. We’re really good at them though based on all of the testimonials you’ll find here and here. And here’s two more!


“After falling upon hard times such as loss of income, bankruptcy, adjustable rate mortgage and increased family size, we were unable to afford our house payment. We tried multiple times to work with our mortgage company and tried to refinance with other lenders to no avail. We were facing foreclosure. We researched our options and found Great Lakes Home Solutions Inc. online. Emily, Joel and Dan worked wonders for us. Our original mortgage was for $138K. Our mortgage company was able to settle for $45K. Our total debt wiped clean was $93K. We now have a fresh start thanks to Great Lakes Home Solutions in. Thank you so very much.”

Shannon & Nicole, Lowell, Michigan


“Great Lakes Home Solutions Inc. was very open and honest and transparent with our situation from start to finish of going through foreclosure and its proceedings.  We approached them in a time of need and they answered the call and more!  They kept the process simple, communicated what we had to do and helped us realize we were not alone and able to help make a way out of our situation with our house.  Our original debt on the house after a previous refi. was at $168,000 for our ranch 3 bedroom home.  Great Lakes Home Solutions Inc. was able to take on the mortgage company and negotiate a short sale that allowed the company to find buyers and for us to walk away from this house with $83,000 in debt wiped out and allow us a way to find a new place to live and get our credit report to a better place.  Thanks to the Great Lakes Home Solutions Team!

Erik & Dawn, Vicksburg, Michigan


Joel

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“I would be glad to help you with the short sale if….”

“I would be glad to help you with your short sale if you do all the negotiations with the lender.”

This is what a Realtor® (not one of ours!) told Tina. Tina was mad. The Realtor® was going to have Tina do all the work and then just collect his commission. Plus, Tina didn’t have a clue on how to negotiate a short sale. She wanted to work with a company that had experienced negotiators with a proven track record. After doing a web search, she found us.

Tina learned that our negotiators have negotiated hundreds of short sales, worked with all major lenders and have an almost 80% success rate when a buyer can be found.

We will be getting started with Tina soon and start helping her get back to better times. Incidentally, we hooked her up with a one of our team-player “Elite” Realtors®, one that knew what to do and how to work with us to get the short sale done.

If you need a referral to a Realtor® or if you know you need a short sale, put Michigan’s #1 Foreclosure Solutions & Short Sale Team to work for you.

Give us a call today and see how we can help you get back to better times.

Ann

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Short Sale or Bankruptcy?

Many families are struggling with this question when facing a Michigan foreclosure. Remember, I’m not an attorney, so I can’t advise you which is best for you and your family.

I have ask a simple question to help you decide on your own what direction to start in:

“If it weren’t for the foreclosure, would you still consider the bankruptcy?”

More often than not the answer will be “well, no”.

I suggest you consider trying to sell the house on a short sale. If we’re all successful with working with you on this, and we stop the foreclosure and save you from putting a bankruptcy on your credit, why not give it a try? Also consider that filing for bankruptcy could cost you thousands of dollars while working a short sale with us won’t cost you a dime.

If you are seriously considering a bankruptcy, before meeting with a bankruptcy attorney, be sure to write out these questions and ask them all at your first meeting.

Give me a call and I’d be glad to discuss your options with you!

Emily

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Busier Than Ever – Helping Families Like Yours

We are busier than we have ever been: starting with new families, offers coming in like crazy, short sale approvals rolling in and lots of closings.

In fact, we have offers on half the houses we are working with. Don’t let the pessimistic press make you think the sky is falling and nothing good is happening out there. Buyers are buying houses. Lenders are giving loans. Lenders are accepting discounts (short sales). We know because we see it every day – in fact our work days are getting longer because so much buying, discounting and closing is going on. No time to write more – have to get back to work.

No matter how busy we are, we are not too busy to talk to you. Talking to Michigan homeowners facing foreclosure is always our first priority – give Emily a call today.

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Can I Stay In The House After A Short Sale?

I often have sellers ask me if they can purchase the house back from the buyer after a short sale. I really wish you could, but unfortunately, you can’t.

One of the stipulations from your lender is that you can’t benefit from the short sale. Staying in the house after a short sale, regardless of who buys it, would constitute a benefit to you. Whether through a land contract, lease/option or lease – we don’t want you committing loan fraud by going against your lenders short sale requirements.

There are plenty of other benefits from the short sale that you can receive: saving your credit from a Michigan foreclosure and keeping the mortgage company from coming after you for the foreclosure deficiency are the two biggest ones.

If you want to find out if it your best option, give me a call. You can reach me at 269-685-5921.

Emily

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False Hope for Homeowners

I read this article last week which seems to really reflect on what homeowners are discovering these days:  “False Hope For Homeowners”

It discusses how all of the government programs introduced so far to “help” homeowners have helped very few.  And how all they’ve really succeeded at doing so far is create false hopes and expectations.  There simply isn’t enough money or push behind these programs to make a significant difference (especially with families facing a Michigan foreclosure).

Check it out and share your thoughts.

Joel

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