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Short Sales & The Point of No Return

Have you reached the point of no return? I meet and speak with people considering short sales almost everyday. Some are ready to begin the process and some are not. I tell each one of them -- I don’t talk people into short sales -- most people who want to list their home as a short sale know it before call me.
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5 Reasons Why Short Sales Aren’t Always Short

1) The Bank/Servicer. “Banks” are the most often cited reason for delay on short sales. Processing a short sale can easily be accomplished in one month, but some banks simply bungle files. They lose documents, they lose files, they re-assign files too often, or they never assign files to start. In addition, some banks are now using third party servicing companies to process their files which adds another layer of bureaucrac
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Two Loans with Bank of America and Short Sale Approval Received in 37 Days!

I have another short sale success story to report. Just last month, I received short sale approval on a file, with two Bank of America loans, only 37 days after the offer was presented via the Equator system. So, the fact that this was a short sale only added about one month to the total time it took to get an approval from Bank of America and close escrow. Both loans were processed concurrently through the Equator platform that Bank of America uses for its short sale processing.
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I Haven’t Missed Any Payments — Can I Apply for A Short Sale?

As a Santa Maria Short Sale Agent, I am asked this question by potential short sale sellers all the time. It is important for those inquiring to understand that even though they have not missed any payments, they may have an “imminent hardship” that would qualify them for a short sale. Imminent hardship means that your hardship may not be here today, but it is definitely on the horizon. And you do not have to currently be in default on your payments to apply for a short sale. A well documented imminent hardship may be enough.
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Hancock Park in Santa Maria, CA — Luxury Real Estate Market Update

Hancock Park is located in southeast Santa Maria adjacent to Marian Medical Center, Allan Hancock College, and near the new Trader Joe’s. The name Hancock has a long and storied history in Santa Maria, beginning with Captain G. Allan Hancock and his adoption of the Santa Maria Valley as his retirement city. In keeping with the prestige that the Hancock name confers in the local area, Hancock Park remains a premier area in Santa Maria and it also offers convenient access to Highway 101 and the Five Cities area. Nestled within Hancock Park is Joe White Community Park which hosts a play area, gazebo and plenty of greenbelts.
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#1 Agent in Number of Residential Sales Transactions (2016)
in Santa Maria (per CCRMLS)

$125 Million in Career Sales

REALTOR® of the Year (2014)
(voted by Santa Maria Association of REALTORS®)



Tni LeBlanc, REALTOR®, J.D.
Mint Properties
(805) 878-9879 (mobile/text)
Contact Us Online

Lic #01871795





Certified Military Housing Specialist

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