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Thanks for visiting. We have created a free, no-obligation Foreclosure Finder Service for Oahu Bank owned properties.
Our Foreclosure Finder Service gives you access to inside information normally available only to real estate agents and industry insiders. When you find a home you'd like to see, all you need to do is pick up the phone, give us a call, and we'll make the arrangements with the bank to get you inside the property at your convenience.
We've made it easy for you to get more information and listings that match your criteria. Simply Click on "FREE DISTRESSED PROPERTIES LIST" and fill out the form and list your criteria in the "Comments" section
If You are a Seller:
If you are a home owner facing foreclosure, we may be able to help you through a Short Sale. The lending institutions are changing requirements, procedures and qualifications almost daily. We know how to deal with these changes correctly, making offers more effective.
Compared to the rest of the country, Oahu has a limited number of REO's "Lender Owned" homes. Knowing what homes to make offers on requires experience and expertise. Conversely, knowing how to properly speak to a financial institution about your current situation can make the difference between getting a deal done quickly and avoiding a major impact to your credit report.
A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed.
Myth #1 The Bank Would Rather Foreclose than Bother with a Short Sale
This is one of the most common misconceptions. The reality is that banks do not want to foreclose onyour property because the foreclosure process is incredibly costly.
Myth #2 You Must Be Behind on Your Mortgage to Negotiate a Short Sale
While this may have previously been the case, today lenders are looking for verifiable hardship, monthly cash flow shortfall, or pending shortfall and insolvency.
Myth #3 There is Not Enough Time for a Short Sale Before My Foreclosure
This is a myth that probably hurts homeowners the most. Many do not realize that foreclosure is a process, and that there is time to make decisions that may result in better outcomes.
Myth #4 Listing My Home as a Short Sale is an Embarrassment
It is understandable to have reservations about letting the world know that you owe more on your home than it is worth. However, according to recent estimates, one out of five homeowners in the U.S. is in the same situation.
Myth #5 Short Sales are Impossible and Never Get Approved
This is a complete falsehood. Are short sales more difficult to execute? Yes. Do you, as a homeowner, need to learn about a new process? Yes. Are they impossible? Absolutely not.
Myth #6 Banks are Waiting on a Bailout and Not Accepting Short Sales
You may have heard this, but the reality is that banks (and the U.S. government) are trying to do anything they can, within reason, to avoid foreclosing on properties..
Myth #7 Buyers are Not Interested in Short Sale Properties
This is a myth that potential sellers hear all the time. Thankfully, this is just not true. In fact, many agents are getting calls from buyers who say they only want to look at foreclosure and short sales. We have Buyers!
In Conclusion, Agents with the CDPE (Certified Distressed Property Expert) Designation have been trained in all aspects of the short sale process, and know how to deal with the parties involved in foreclosures. Finding a CDPE like Patricia Anderson who will explain what options you have will get you on the path to recovery.
To learn more contact Peter and Patricia Anderson. Their personal and professional knowledge is unsurpassed ? rely on this exceptional team to assit
you in acomplishing your Real Estate goals.
Click on "CONTACT US" for Additional Information
