The Pulse on the Market for Montgomery County. .
November 18, 2011 by admin · Leave a Comment
The Pulse on the Market for Montgomery County . .
18 Days of SOLD PROPERTIES in MONTGOMERY County Maryland
(November 1st to November 18th)
Let’s begin. . .
270 SOLD PROPERTIES during the first 18 days of November 2011
209 were REGULAR SALES. . Non-distressed (Short Sales and Foreclosures)
45 were SHORT SALES (SALES)
And
16 were FORECLOSURES
Equals 270 SOLD PROPERTIES
Let’s dissect these numbers a little more in detail. .
- Silver Spring Maryland has the most action on the market these days. . .in all categories
- Bethesda and Potomac have the most action in the non-distressed property category
- More than 50% of sales in Gaithersburg and Germantown were SHORT SALES
- Foreclosure SALES were only 16 out of 270 PROPERTIES SOLD!!!!
- There are currently 90 Foreclosures LISTED in the local MLS available for sale
-
There are 551 Short Sales LISTED in the local MLS available for sale as of 11/18/2011
Final Conclusion. .
Please watch this important video that reveals the true nature of our local real estate market
Fernando Herboso
Broker – Solutions Finder
“Don’t Pray For A Miracle. . .expect it!“
Herboso & Associates llc
www.ReallyNiceHomes.com
www.Short-Sales-Expert.com
www.Herboso.com
Office 301.968.0555
Cell 240.426.5754
Fax 888.913.3535
My real estate knowledge is always up-to-date. For expertise you can depend on, call me when you have questions about the market or are ready to make a significant move. . .Quality representation is not expensive, its priceless!
How Much It Costs To Do A Short Sale In Maryland?
Our fees and typical closing costs are contingent on short sale approval and are paid for by your lender
We even negotiate for them to pay all your closing costs. .
How much it costs to do short sale:
If you call us. . it will cost you nothing!
The best short sales experts will not charge you anything for their services.
Why?
Because they can provide you with their experience and the assistance needed to sell your house with all costs derived from the sales proceeds.
(In some cases, we find some lenders could refuse paying any HOA or Condo fees to Associations. . depending on circumstances. .call us for more details on this)
In general, a company that specializes doing short sales will conduct each aspect involved in closing a short sale deal to benefit you and your family.
Beware of some companies of other short sales inexperienced agents being confused about their fiduciary services of their clients vs. THE BANK.
You should understand that you may only have one chance to save yourself form a foreclosure using a short sale.
Make sure you hire a SHORT SALES EXPERT to guide you through this complicated process.
How much it costs to do short sale:
Call us. . it will cost you nothing!
Chase Bank Loan Modifications – How to Avoid a Denial
August 30, 2011 by admin · Leave a Comment
One thing you should know about loan modifications with Chase bank. . is that getting it approved is not something that happened in a matter of days.. .most loan modifications take between 3-6 months for getting it approved.
The most disheartening thing for a lot of homeowners is that after all this time. . there still the possibility that after a full 6 months of long wait, you may still get rejected.
Being patient is a virtue when doing a loan modification with Chase.
Want to know different tools, Techniques and Tactics for battling with your bank?
Do you want to save your home?
Do you want to save your credit?
Better get the truth About Your Options. . .
Because. . .
. . and it should
NOT BE
your only option. .
TO avoid A . . .
10 Loan Modification Secrets Your Bank Does Not Want You To Know. . .
Hi, my name is Fernando Herboso and a licensed broker in Maryland that specializes in distressed properties.
Having listed over 100 short sales in the last 4 years, this is a compilation of the HORROR stories that came from all these people that tried to save their homes and couldn’t. . .
Don’t make the same mistakes and read all 10 secrets by going to www.LenderLoanModifications.com
Watch SECRET #5
Watch SECRET #6
Are you standing in line for a loan modification or loan mortification?
Fernando Herboso
I want to work for you. . .this is my bio.
240-426-5754
Chase Loan Modifications short sales Maryland
Bank of America Loan Modifications and Short Sales Maryland
August 30, 2011 by admin · Leave a Comment
Owe More Than Your Home Is Worth in Maryland DC or Virginia?
Looking for a way out.. .
Want to know different tools, Techniques and Tactics for battling with your bank?
Do you want to save your home?
Do you want to save your credit?
Better get the truth About Your Options. . .
Because. . .
. . and it should
NOT BE
your only option. .
TO avoid A . . .
10 Loan Modification Secrets Your Bank Does Not Want You To Know. . .
Hi, my name is Fernando Herboso and a licensed broker in Maryland that specializes in distressed properties.
Having listed over 100 short sales in the last 4 years, this is a compilation of the HORROR stories that came from all these people that tried to save their homes and couldn’t. . .
Don’t make the same mistakes and read all 10 secrets by going to www.LenderLoanModifications.com
Watch SECRET #3
Watch SECRET #4
This is we can offer to you if you are a distressed homeowner:
1. A FREE Loan Modification Kit to homeowners who want to use it to reduce their mortgage payment and avoid foreclosure, you do not have to pay for it. . Nothing to lose here. You can always make a decision to hire somebody else. .we just want to help, our kit is FREE and you don’t even have to return it to get any money back.
2. We help homeowners in near foreclosure stop the clock by assisting them with a short sale on their home. This will always be depending on your lender and your particular situation. .in most cases this can be accomplished.
3. We help you see your options. .we help you avoid BAD LOAN MODIFICATIONS. . we heard them all and I know the difference between a loan modification and a loan mortification. .
Are you standing in line for a loan modification or a loan mortification?
Fernando Herboso
I want to work for you. . .this is my bio.
My direct number is 240-426-5754 if you have any questions. . .
Bank of America Loan Modifications and short sales Maryland
10 Loan Modification Secrets Your Bank Does Not Want You to Know
August 30, 2011 by admin · Leave a Comment
Owe More Than Your Home Is Worth?
Looking for a way out.. .
Want to know different tools, Techniques and Tactics for battling with your bank?
Do you want to save your home?
Do you want to save your credit?
Better get the truth About Your Options. . .
Because. . .
. . and it should
NOT BE
your only option. .
TO avoid A . . .
10 Loan Modification Secrets Your Bank Does Not Want You To Know. . .
Hi, my name is Fernando Herboso and a licensed broker in Maryland that specializes in distressed properties.
Having listed over 100 short sales in the last 4 years, this is a compilation of the HORROR stories that came from all these people that tried to save their homes and couldn’t. . .
Don’t make the same mistakes and read all 10 secrets by going to www.LenderLoanModifications.com
Watch SECRET #1
Watch SECRET #2
This is we can offer to you if you are a distressed homeowner:
1. A FREE Loan Modification Kit to homeowners who want to use it to reduce their mortgage payment and avoid foreclosure, you do not have to pay for it. . Nothing to lose here. You can always make a decision to hire somebody else. .we just want to help, our kit is FREE and you don’t even have to return it to get any money back.
2. We help homeowners in near foreclosure stop the clock by assisting them with a short sale on their home. This will always be depending on your lender and your particular situation. .in most cases this can be accomplished.
3. We help you see your options. .we help you avoid BAD LOAN MODIFICATIONS. . we heard them all and I know the difference between a loan modification and a loan mortification. .
Are you standing in line for a loan modification or a loan mortification?
Fernando Herboso
I want to work for you. . .this is my bio.
My direct number is 240-426-5754 if you have any questions. . .
Hurricane Foreclosure Still Blowing. . . Are You Prepared?
August 29, 2011 by admin · Leave a Comment
Owe More Than Your Home Is Worth?
Looking for a way out.. .
Want to know different tools, Techniques and Tactics for battling with your bank?
Do you want to save your home?
Do you want to save your credit?
Better get the truth About Your Options. . .
Because. . .
. . and it should
NOT BE
your only option. .
TO avoid A . . .
10 Loan Modification Secrets Your Bank Does Not Want You To Know. . .
Hi, my name is Fernando Herboso and a licensed broker in Maryland that specializes in distressed properties.
These last four years have been very challenging for many people. I have seen and heard many types of loan modifications and foreclosure rescue scams.
I figure the way I can prove to you that I’m not one of them is to tell you upfront:
I will never charge you a fee for our services. We negotiate our own fees with the lenders we will protect you from. .
I’m only here to help you through a difficult time, help you and treat you with the respect you deserve.
I consider myself an educator above and beyond anything else. I have listed over 135 short sales in the last 4 years and I heard all the stories. .this is a compilation of my experiences and my warning to you. . Don’t be fooled by individuals, companies or attorneys that want you to pay them hundreds to thousands of dollars up front. .most often they play the numbers game and prolong the pain for you and your family.
This is what I offer to you. .
1. A FREE Loan Modification Kit to homeowners who want to use it to reduce their mortgage payment and avoid foreclosure, you don not have to pay for it. . Nothing to lose here. You can always make a decision to hire somebody else. .we just want to help, our kit is FREE and you don’t even have to return it to get any money back.
2. We help homeowners in near foreclosure stop the clock by assisting them with a short sale on their home. This will always be depending on your lender and your particular situation. .in most cases this can be accomplished.
3. We help you see your options. .we help you avoid BAD LOAN MODIFICATIONS. . we heard them all and I know the difference between a loan modification and a loan mortification. . see our postcard below… .and you’ll get the idea
.. . .are you standing in line for a loan modification?
Finally, we hold your hand and point to you the clear options you face today. . and we ALLOW you to make the right decision.
READ MORE ABOUT WHY YOU SHOULD USE OUR SERVICES HERE
Fernando Herboso is not associated with the government, and its services have not been approved by the government or the consumer’s lender. Your lender may not agree to change your loan and/or agree to a short sale. If you stop paying your mortgage, you could lose your home and damage your credit rating. You can stop doing business with Herboso & Associates llc at any time. You can accept or reject any offer Herboso & Associates llc obtains from your lender. If you reject the offer, you don’t have to pay the company’s real estate commission as outlined in the listing agreement. There is no guarantee you will get the results you seek from a short sale.Herboso & Associates llc does not provide legal advice. Seek legal counsel. Should you hire Herboso & Associates llc, you may still communicate with your own lender. Herboso & Associates llc and any of their representative agents will not charge upfront fees under any circumstances to the homeowner.
Fernando Herboso
I want to work for you. . .this is my bio.
My direct number is 240-426-5754 if you have any questions. . .
Vanishing Equities? Real Solutions – Painful Solutions
August 8, 2011 by admin · Leave a Comment
At the height of the real estate boom, double-digit rises in home equities meant customers could pull out money from the increased home equity to help themselves and help the economy by making major purchases.
Well, no more.
We have seen the end of this life style that they could really not afford. The equity ATM card from these homes have completely vanished and that is why we are in perilous times as far as the economy goes.
Conditions are changing, in many areas of the country, real estate price levels are flattening out and even not rising in some real estate markets. In the Washington Metropolitan area real estate prices have become somewhat stable but still the consequences have affected million of families across this nation.
With little or no increase in home equities, . . Homeowners could never find themselves in such a tight spot like the one today.
For the first-time since the 1930′s depression real estate is being tested by the number of foreclosures and homeowners being underwater.
Some people are even questioning if being homeowners these days is more of a liability than an asset?
As a seasoned veteran Real Estate Investor/Broker specializing in Distressed Properties I came to the conclusion that real estate being used as a primary residence should not be looked upon as an investment comparing to stocks or commodities.
We all need a roof over our heads and we will always have to make an investment in a monthly basis for this. . .(unless you are one of the few fortunate that do not have a mortgage on their homes)
Take it as it comes. . You have a house. You make it a home and if it performs as an investment on the long run. .then consider yourself lucky.
If you are trapped in a situation where you can’t pay your mortgage payments /debts and you are desperately seeking a solution?
You should consult with an experienced professional that deals with distressed properties to give you all the options you may have at this point.
Understand that this applies only to real estate. .. you may have to combine your situation with your current economic situation where an experienced attorney should be consulted to cover all your bases.
The worst step I see many people take in INACTION
Remember, 
Don’t paint yourself into a corner and once you run out of money.. and only then ask for help
The Foreclosure Rescue Trap
July 25, 2011 by admin · Leave a Comment
The Foreclosure Rescue Trap
The foreclosure rescue being perpetrated in various predatory real estate practices is aimed at vulnerable, often low-income, minority homeowners facing foreclosure today. When a homeowner falls behind on his mortgage payments and enters a foreclosure path, the foreclosure notices are published in newspapers and their faith is displayed in the public via newspaper notices or court records.
Solicitation Rescue artists obtain the contact information for the distressed homeowners and make contact personally, by phone, or through direct mail.
The work offenders prey their practices in the poor and the uninformed.. . Easy prey for them.
We have rescued many homeowners from their grasps. Unfortunately this is after the homeowner has spent thousands of dollars in a futile attempt.
A Loan Modification could be what most of these people needed to being with. .
A loan modification involves changing one or more terms of a mortgage so the payments can become affordable again. Modifications can be considered to reduce the interest rate of the mortgage, change the mortgage product (from an adjustable rate to a fixed rate, for example), extend the term of the mortgage or capitalize delinquent payments (add delinquent payments to the mortgage balance-only available in extreme hardship situations).
Most often, a loan modification could be the tool to use to save your house and stop a foreclosure.
There are many organizations that could help you get all these information for FREE. Do not fall prey to scam artists.
Arm yourself to protect your assets.
Click for
Foreclosure Assistance
Fernando Herboso
Broker – Solutions Finder
“Don’t Pray For A Miracle. . .expect it!”
Herboso & Associates llc
www.ReallyNiceHomes.com
www.Short-Sales-Expert.com
Office 301.968.0555
Cell 240.426.5754
Fax 301.968.0556
My real estate knowledge is always up-to-date. For expertise you can depend on, call me when you have questions about the market or are ready to make a significant move. . .Quality representation is not expensive, its priceless!
Herboso&Associates
Why Buy Pre Foreclosures in Maryland?
June 21, 2011 by admin · Leave a Comment
Why Buy Pre Foreclosures?
How pre foreclosures can be profitable for the property investor or any first time homebuyer willing to take a chance?
Have you ever heard of the term pre foreclosure?
Sometimes I encounter people that aren’t sure of this term. .
Do you think that this means the same thing as a foreclosed property?
If you answered yes to this question, then this post is for you
If you are not familiar with the advantages of buying pre foreclosures, you should at least consider speaking to someone that is experienced in pre foreclosures and show you the ways how you can save thousands buying your next home.
Pre foreclosures are properties that are in the final stage before they are taken back by the bank or lender. These are the short sales and sometimes properties do not even enter to the short sale process and they just go directly to the foreclosure mill.
While in pre-foreclosure, the owner is still in charge of the property, but if they do not make any attempt to rectify their situation the bank or lender/investor will commence the actions to repossess the home.
What are the benefits buying homes in the pre-foreclosure stage?
There are many benefits in buying pre foreclosures. The reason that most buyers miss out on these homes is because they do not know where they are, or how to find them.
Investors do and they love the NON-COMPETITION from regular buyers looking to buy a home for their own.
The number #1 advantage of pre foreclosures is the lower price associated with such properties. The owner is in a situation that they have to sell the house before the bank or lender takes it and is more inclined to secure contract before the lender forecloses upon the property.
In most cases these are what we call SHORT SALES
The lender will have to approve on the offer and it is quite possible to find short sales as little as 50% off of the market value.
Investors love this fact. … And enjoy hardly any competition in the process.
Can you compete with investors buying these homes if you are a first time homebuyer?
Finding pre foreclosures or short sales can be done in the same way as locating homes than the bank already owns. You can find them with the help of a savvy Real Estate Agent that knows the ins and outs of this process.
Not all agents like working with short sales for various reasons. It is imperative that your agent is willing to take you by your hand and show you the way to success.
The time frame is the most difficult part of short sales. Be prepared to wait, and in fact. . you may be waiting a long time.. .
This is the test for you if you are ready . . . wait a few months but save thousands otherwise.. . When it comes to saving tens of thousands of dollars . . .then waiting time isn’t so bad.
Compared to foreclosed properties, you would normally face less competition with pre foreclosures . . . therefore increasing the chance of getting a great price and ending up with the home of your choice.
If you are looking for a new home, don’t forget to ask your Realtor to check out these properties as well. . . Buying pre foreclosures can be very profitable if you know how to play the game.
Fernando Herboso| Carlos Herboso
(Short Sales) (Foreclosures)
“Your Montgomery County Foreclosure Connection”
Our real estate knowledge is always up-to-date. For expertise you can depend on, call us when you have questions about the market or are ready to make a significant move. . .
“Quality representation is not expensive, its priceless! “
We are THE EQUALIZERS for regular buyers out there competing with professional investors
We are specialists in Foreclosures & Short Sales
Herboso & Associates llc
Office 240.898.1848
Fernando’s Cell 240.426.5754
Carlos’s Cell 240.671.5542
Fax 888.913.3535
Un Programa Que Ayuda Cuando Ya No Puede Pagar Por Su Casa
June 2, 2011 by admin · Leave a Comment
Como tomar ventaja del program de HAFA para salvarse de un FORECLOSURE Si tu propiedad esta con pagos retrasados a tu banco y ya no puedes pagar mas. . .este nuevo program que viene directament con la ayuda del Gobierno de Obama puede ser lo que ud estaba esperando. . 
Recuerde: En un
short sale. . ud vende su casa En un foreclosure ud la pierde! Y en una modificacion Ud compra su casa nuevamante a un precio exorbitante!
More about the HAFA Program Here Le invite a mirar nuestro video de presentacion
