The topics of this show include: Foreclosure Solutions with Stan Stephens; Mike Tedford, Duane Montgomery
Foreclosure Solution? Stan is specifically trained in handling foreclosures- selling, holding onto the home and other solutions that help you with foreclosures. Ways to Avoid Foreclosure- The first thing you want to do is to avoid foreclosure- On the other side of losing your house is a new life. If you avoid the foreclosure you could be back on your feet within a couple of years versus 7 or more.
Reinstatement- contact lender and discuss what is due and make that lump sum payment and that will stop the foreclosure.
Forbearance- allowing you to catch up over time while continuing to make your regular mortgage payments.
Rent- Rent out your property and move to a less expensive property.
Short Sale- When the market won't handle what you owe on the property. The market won't give you what you owe on it. You have to sell the house and you are short on what you owe. Many times, lenders would rather see something go through a short sale than if it goes through a foreclosure.
Bixby has had what might be a better absorption rate than average. When you look at the Months Supply of Inventory for Bixby School District for houses has gone down. Around the metro Tulsa area that has not been the case. This is great news for Bixby.
Involved home sellers get more when they sell their home. Be involved in everything that goes on. Don't just turn it over and let them do everything. Rely on your professional- get advice and follow it. Prepare your home before you put it on the market and each time there is a showing. Be appreciative when someone criticizes your home because that is what you can change to make it better.
What is the surprise insurance letter? This involves liability. In June 2009 I had an auto accident and received a certified letter advising me of what was going on. Unfortunately things have escalated and you need to be prepared about where things are going. There are lawsuits increasing. When does my liability end? Don't walk away from an accident thinking that it is no big deal. Things can creep up years later. Make sure you have good liability coverage. Don't just accept the basic coverage. Ask your agent plenty of question.
To get a quote for homeowners insurance, contact Mike Tedford of Tedford Insurance at 918-299-2345 or www.tedfordinsurance.com
How do I exterminate mice? You can't really keep mice out. They can crawl up the side of a house and can fall up to 8 feet without being hurt. They can go in a hole the size of 1/4 inch in diameters. Call M.E. to have pest control services for your property.
PRIVACY POLICY Darryl Baskin is the sole owner of the information collected on this site. Neither Darryl Baskin nor his associates will sell, share, or rent this confidential information to others. Your privacy is the primary issue for Darryl Baskin.
CONTACT POLICY
By submitting personal information such as name, address, phone number, email address and/or additional data, the real estate client/prospect consents that Darryl Baskin or his authorized representative may contact client/prospect by phone, U.S. Postal System, or e-mail whether or not client/prospect is participating in a state or federal or other "do not contact" program of any type.
