Creative. Dedicated. Driven. We have a unique approach to real estate, because in this market, if you're not moving WITH it, it's running over you.
Our company is built on personal touches, winning deals and positive results. More importantly, we listen and that means we find solutions that are tailored to you. We want to exceed your expectations.
Whether you are Buying or Selling, Traditional Sale or Short Sale, you have come to the right place. Beth has been in Arizona real estate in Arizona for more than a decade and has a diverse background in the industry.
Check out what talents we bring to the table and see if we are a match for what you are looking for.
Making mistakes in this market are costly. Consulations with Beth are free. Give us 30 minutes of your time and the opportunity to earn your business.
Beth_RealtyRevelation.com Cell: 480-370-5440
Whether it's rentals or remodels, we work hard to find you the best deals. If you are a cash buyer, using hard money or getting an investor loan, we also know the best strategies for submitting offers that GET ACCEPTED!
FINDING and NEGOTIATING the deals is NOT something to be left up to a novice or someone who took a weekend course. Beth has years of experience and has invested tens of thousands of dollars specifically in Investor Education. Our sales record speaks for itself!
We even have a local remodeling team headed up by Beth's husband, Mike. So if you live out of town or choose to be a "hands-off" investor, we've got you covered!
Seems like everyone is talking about them...or whispering about them. Whether you are shy or boisterous about it, the fact is, Short Sales are a HUGE part of the Real estate Market as we know it. We work with clients who feel this is a very private matter and clients who are out looking for buyers themselves. Whichever kind of client you are, we can accommodate your needs and will be respectful of your preferences.
I must preface this section by telling you, if you are considering a short sale, you should absolutely be talking to your CPA, tax advisor and attorneys. While our team has streamlined our process for short sales (and we are very educated about what we do), we still realize that EACH PERSON'S SITUATION IS DIFFERENT and you should consult with the people who have the "whole picture" of your financial portfolio.
That disclosure out of the way...Short Sales have been the subject of much publicity over the past several years, particularly right here in Arizona. Thousands of homeowners are losing their homes to foreclosure, damaging their credit for years to come simply because they are not armed with the right information and knowledgeable people to help them weather the storm.
Now is NOT the time to bury your head in the sand.
Get EDUCATED and get in CONTROL.
What is a Short Sale?
Short sales on the rise
According to The National Association of Realtors, "Due to the recent economic crisis, including rising unemployment, and drops in home prices in communities across the nation, the number of short sales is increasing. Since a short sale generally costs the lender less than a foreclosure, it can be a viable way for a lender to minimize its losses.
A short sale can also be the best option for a homeowners who are upside down on mortgages because a short sale may not hurt their credit history as much as a foreclosure. As a result, homeowners may qualify for another mortgage sooner once they get back on their feet financially." (NAR Website)
According to the National Association of Realtors' website, "A short sale is a transaction in which the lender, or lenders, agree to accept less than the mortgage amount owed by the current homeowner. In some cases, the difference is forgiven by the lender, and in others the homeowner must make arrangements with the lender to settle the remainder of the debt."
For example: If you bought your house for $350,000 and it is now worth $200,000 (if you were to sell it today) you may elect to do a short sale. In a Short Sale, the lender would have to agree to take a loss on your loan of $150,000 which is why you need the lender to agree to the short sale.
Here are some of the more common financial hardships: Job loss, Reduced Income, Divorce, Death of Spouse (or close family member), Illness, Medical Bills, or Job Relocation.
These hardships, among others, are factors the lender will consider when they look at the possibility of agreeing to your short sale.
You may have heard of people who "walked away" from their homes...because they simply owed WAY more than it was worth. People willing to take a hit to their credit because they are so far underwater on their house, they'd never make that money back. I have heard those stories. People are advised by their attorneys, and sometimes, just decide for themselves, that it's a good business decision.
On the other hand, there are other people who have to move, or are getting divorced, have sufferd a death in the family or have lost their job. So many reasons that a person can't afford their mortgage payment anymore. We are not judgemental about WHY you may choose to do a short sale. However, we do want you to know, that as part of your "short sale financial package" the lender will ask for a hardship letter. The reason? They want to know the details of why they should accept your short sale.
So you've determined that you want to short sell your house. We handle three types of short sales. The first is what we refer to as the "Traditional Short Sale," the second is a "pre-approved short sale," and the third is a "Fast Track Short Sale".
The "Traditional Short Sale" is where we go through the "traditional" channels of listing your property on the Multiple Listing Service and begin marketing your property to find a buyer. In that situation, we wait until we have a buyer before all of your paperwork (financial and hardship package) will go to the lender for review. It is only submitted at the time there is an offer on your property.
Lenders will not accept your short sale financial package before we have an offer on your house, in the majority of cases. There are circumstances where you may qualify to have a "pre-approved short sale price" and yes, I have details on that and can tell you if you may qualify. The "Pre-Approved Short Sale" or "Fast Track Program" may be another option for a short sale.
We just closed a Wachovia Fast Track Short Sale....and had written lender approval in 22 days!!!
The other agent couldn't believe it!
Wachovia's average is 45 days...and that's so much faster than pretty much anyone else out there. It's a program designed to cut months of time and piles of paperwork out of the short sale process. * If you have received a letter from me regarding the fast track program, YOU ARE ELIGIBLE for a meeting with the local Fast Track Manager.
Why do they offer this? Great Question.
Banks are in the banking business. By default, they are in the Real Estate business. Trust me, they do not want to own your home. When you participate in the Fast Track program, you are helping them to decrease their non-performing assets (your loan). With a successful short sale, they free up money to do more of what they are in buisiness to do...and that is banking.
Not any agent can do these, you must be a preferred agent with Wells Fargo/Wachovia, and Beth is a preferred agent.
Every homeowner is different. Their feelings about short sales, their reasons for a short sale...we have worked with people from all walks of life, making decisions for all kinds of reasons. Whatever your Short Sale needs, we are prepared to be sensitive to your personal reasons and to help you through the process.
REQUIRED DISCLOSURE by the FEDERAL TRADE COMMISSION for ALL REALTORS who do Short Sale Transactions:
WEST USA REALTY REVELATION is not associated with the government, and our service is not approved by the government or by your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.
My real estate career began in Arizona in 1999 buying rental properties and [gasp] being a landlord. The homes ranged in price from $85,000 to $650,000. My husband Mike and I [mostly Mike] managed the properties and tenants for several years...oh the joys of being a landlord.
Mike and I built our first home in 2000, which is where I learned the ins and outs of homebuilding. My dad and grandfather were both home builders and I grew up around blueprints, but there is nothing like doing it yourself. Mike and I built a 3400 square foot waterfront home in Chandler. We did it all ourselves from start to finish (we did have help from a general contractor). It was a labor of love and an excellent learning experience.
Rental, Ahwatukee
Rental, Aheatukee
1st Home Built, Chandler
This is an EARLY BIRD OPPORTUNITY. Wells Fargo/Wachovia is essentially REWARDING YOU if you take advantage of this opportunity. They do not want to deal with the attorneys fees and the man power it takes to get you a notice of trustee sale and later, a short sale or a foreclosure. IT IS OK IF YOU HAVE MISSED PAYMENTS. They want to clear your loan off their books if you're going to short sell, and they want to get their money working for them again. BUT!! They will NOT agree to this in the 11th hour. You must act on it now if you want the benefit.
Call 480-370-5440 or email me at Beth_RealtyRevelation.com
My team and I will get your paperwork started today.
The details of the FAST TRACK program are:
- 14 Day Short Sale Approval for pricing.
- Stay in your home while we work on your short sale.
- Local decision-maker! ONE PERSON to talk with directly about your file.
- $2500 or MORE toward your moving expenses from Wells Fargo/Wachovia if a Short Sale is your best option (check given to homeowner at close of escrow).
- Personal meeting at your home with local Wachovia Manager.
- VERBAL income and asset verification. NO FINANCIAL PAPERWORK!!!
- We will work to obtain a settlement for a juinor lien holder too!
- Wachovias average closings are in 45 days or less.
- Help to preserve your CREDIT with a Short Sale rather than a Foreclosure!
You don't need to miss payments to do these short sales. It's ok if you have been late, but don't wait until a few weeks before the auction date, as we may not be able to help when it's that far along. Find out your OPTIONS NOW...be armed with information!
Beth's Cell 480-370-5440 Beth_RealtyRevelation.com
Superstition Mountain
I moved into Luxury Real Estate by being part of a development group building Custom Homes in Prestigious Golf Course Communities in the valley including Silverleaf, Mirabel, Superstition Mountain and Troon. (I also learned to golf at this time. Just one of the perks...) You learn a lot about interior specs, high end products and luxury interior design when you build these kinds of custom homes.
In 2003, I made it official and obtained my real estate license.
SILVERLEAF, Scottsdale
Troon North, Scottsdale
Short Sales presented themselves to me back in 2005. There was a BIG change to what I was doing in real estate. A gray, rumbling cloud rolled over the once sunny Luxury Home Market...and that's when I took my first short sale class. I needed to find out how I could help some of my friends, past clients and family members who were in need of selling properties they couldn't afford to keep.
I UNDERSTAND THE EMOTIONAL SIDE OF SHORT SALES.
I have personal experience, and yes, I do often share details because you need to know you're in good hands working with us.
The newest feather in my cap is working with Investor Remodels, which I must say, I am just crazy about. I have taken several continuing education courses, gone to hands-on seminars with bus tours , as well as taking private instruction from other successful investors. My husband Mike and have been buying (what I call) "unloved" homes (often REO and short sales) and remodel them then resell them for profit. It's been so successful that we have been referred out to a number of investors and are working to help them find and flip homes too. Our goal is to take the worst homes and make them the best homes. That's good for the buyers, the sellers, and the neighbors, because home values go UP! I just love it.
Wow. That's a lot of information about me. But I think it's important you know who you're working with, my experience and my motivations.
I am passionalte about Real Estate. I love the art of the deal.
I find negotiating strategic and exciting. My BA is in journalism, and I took several classes on understanding how people think, and that has helped me with getting my cleints the best deal possible. While in TV news, I had an agent in New York (who represented some network level talent) and we talked a lot about how to be a successful negotiator. I learned a lot of him.
Understanding Real Estate is not all science though, it really is an art. It's a blend of numbers, understanding
human nature and being human yourself.
You also have to love what you do every day.
And I do. Check us out and see if we're the
right fit for you.
I look forward to talking with you!
All the Best,
Beth
