Frank Wible - Short Sales and Foreclosures

Foreclosed Homes and Tenants! N.J.S.A. 2A:18-61.1 ET SEQ (It's The Law)

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Wed, 07 Apr 2010 18:04:16 -0700

NJ Law: N.J.S.A. 2A:18-61.1 ET SEQ [Tenants in Foreclosure Homes]

I have to post my comments on this in my blog. New Jersey law states that is you are renting a home, and the home is foreclosed on, you pretty much NEVER have to leave. Just keep paying your rent to the new owner or lender in the case of an REO and they can never ask you to leave! If you were to have a 10 year lease with the prior owner for let's say $900 a month (well below market value) for a 4 Bedroom house, the lender would have to honor that lease! They have NO indications in the law to what "market value rent" should even be! Could you rent for $50 a month?....well, I would not press your luck with that one! :)

What's better, is that the lender would have to maintain the property or face criminal charges! HA! "Hello, Mr. Lender, yes this is YOUR tenant at 123 Main Street and I'm just calling you to inform you that the roof is now leaking and needs to be fixed!" WOW! And they have to fix it! WHAT A COUNTRY!

Ok, what do I conclude after reading this? Well, considering I do short sales for a living, I think I will start using this little bit of information in my short sale negotiations. "Yes Ummmm, [Insert Bank Name], the current home owner is considering renting the property out on a 10 year lease if we can not come to an agreement on this short sale. Do you happen to have a written lease your company uses or would you like me to make it up for the current owner?" OUCH! Lovin' it! Talk about short sale incentives...forget HAMP/HAFA, this is the best incentive I've seen yet!

This law is so ambiguous, I'm sure it will tie up the court systems like there is no tomorrow and be changed 50 times before long. But, for now, tenants that live in foreclosure homes should feel safe that they will not be on the streets anytime soon! Just make sure the rent is there on the first of the month (or what ever day they spell out), and you will be good to go!

On a side note, AGENTS, DO NOT attempt to have any tenant removed from a house that is in foreclosure (short sale) or has been foreclosed on...you could lose your license and face CRIMINAL charges! Additionally, your short sales that you now have with tenants in them; make sure you have your ducks in order and the tenant (if there is one), has plans to vacate prior to settlement. Find out their intentions....just don't ever say "You have To Leave!"

SAMPLE OF THE FORM THAT THE NEW OWNERS MUST SEND TO THE TENANT WITHIN 5 DAYS AFTER SHERIFF SALE...(You should see the restrictions on this! Font size, bold, etc etc)....

------------------------------------------------------------------------
NOTICE TO TENANTS

THE FORMER OWNER OF . . . . . . . . . . . . (insert property address) HAS LOST THE PROPERTY AS A RESULT OF A FORECLOSURE. IF YOU ARE A TENANT AT . . . . . . . . . (insert property address) YOU HAVE THE RIGHT TO REMAIN IN YOUR HOUSE. THE NEW OWNER CANNOT FORCE YOU TO MOVE OUT BECAUSE OF THE FORECLOSURE.

YOU ARE PROTECTED BY NEW JERSEY'S ANTI-EVICTION ACT, N.J.S.A. 2A:18-61.1 ET SEQ. FROM THE TIME YOU RECEIVE THIS AND UNTIL FURTHER NOTICE, YOU SHOULD PAY RENT TO ......(insert name and address of person to whom rent is due) PLEASE SEND RENT BY ......(insert method of transmission) ON THE ......(insert day) OF EACH MONTH.

WITH LIMITED EXCEPTIONS, THE NEW JERSEY ANTI-EVICTION ACT, N.J.S.A.2A:18-61.1 ET PROTECTS YOUR RIGHT TO REMAIN IN YOUR HOME. FORECLOSURE ALONE IS NOT GROUNDS FOR EVICTION OF A TENANT. YOU ARE PROTECTED BY THIS LAW EVEN IF YOU DO NOT HAVE A WRITTEN LEASE.

THE NEW OWNER CANNOT EVICT YOU WITHOUT"GOOD CAUSE," AS DETERMINED BY A COURT.

THIS MEANS THAT ONLY A SHERIFF'S OFFICER WITH A COURT ORDER MAY REMOVE YOU FROM THE PREMISES, AND ONLY AFTER YOU HAVE BEEN GIVEN THE OPPORTUNITY TO DEFEND YOURSELF AGAINST EVICTION IN COURT.

EXAMPLES OF "GOOD CAUSE" ARE FAILURE TO PAY RENT, WILLFULLY DAMAGING THE PREMISES, OR PERSONAL OCCUPANCY BY THE NEW OWNER. IT IS ILLEGAL FOR THE NEW OWNER TO TRY HAVE YOU REMOVED.

A RESIDENTIAL TENANT IN NEW JERSEY CAN BE EVICTED ONLY THROUGH A COURT PROCESS. ONLY A COURT OFFICER WITH A COURT ORDER MAY REMOVE YOU FROM THE PREMISES, AND ONLY AFTER YOU HAVE BEEN GIVEN THE OPPORTUNITY TO DEFEND YOURSELF IN COURT.

INDIVIDUALS CAN BE SUBJECT TO BOTH CIVIL AND CRIMINAL PENALTIES FOR TRYING TO FORCE YOU TO LEAVE YOUR HOME IN ANY OTHER MANNER, INCLUDING SHUTTING OFF UTILITIES OR OTHER VITAL SERVICE OR FAILING TO MAINTAIN THE PREMISES.

IF THE NEW OWNER PRESSURES YOU TO LEAVE, CONSULT WITH AN ATTORNEY OR FILE A COMPLAINT WITH YOUR LOCAL PROSECUTOR. YOU MAY, HOWEVER, ACCEPT FINANCIAL COMPENSATION FOR LEAVING VOLUNTARILY IF THE NEW OWNER OFFERS SUCH COMPENSATION. IF SOMEONE IS PRESSURING YOU TO LEAVE, CONSULT WITH AN ATTORNEY.

--
FRANK WIBLE
Sr. Vice President, RE/MAX All Pros
Short Sales, Foreclosures, Bank Owned, Bulk REO,
Risk Management & Recovery, Receiver for Lender Properties.
Realtor Associate, Sales Representative
NJ LIC# 0564108

RE/MAX ALL PROS
5701 Route 42 South
Turnersville, NJ 08012
856-228-7990 Ext 150
856-745-7700 Cell
856-228-4433 Fax
856-494-1602 eFax
856-556-0447 Direct Line

fwible@gmail.com
http://www.FrankWible.com/

Frank Wible on CBS with Katie Couric as The Nations Short Sale Expert
http://www.cbsnews.com/video/watch/?id=4206565n

Keep in touch...add me as a friend on FaceBook
http://www.facebook.com/FrankWible/

Free Realtor Short Sale and Foreclosure Workshop

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Tue, 02 Feb 2010 10:29:32 -0800

Thank you for visiting, are you here on business or pleasure?

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Sun, 26 Jul 2009 11:56:44 -0700

Social Networking/Facebook...

Thank you for visiting, are you here on business or pleasure?

As I sit here on a lazy Sunday morning, I do my normal real estate routine; creating online ads for listings, review my MLS listings for reductions and hot sheets, creating my schedule for the coming week, and plan my to do list. All very important items when you're in the real estate business!

The question is; do I post all of that stuff as my status? Do I post how many listings I have this week? Do I post how many homes I put under contract? Or do I post personal things that make me, and hopefully one of my friends smile? I don't post every time I list a home, create an offer, and close a deal. I choose to make me, and or a friend smile...so I guess I'm really here for pleasure.

Sitting on my couch typing this, my daughter is on the floor in front of me, creating me a necklace with her cute little beads and knot tying abilities she obtained from summer camp this week. Now, this is the status I want to post; "Frank is watching daughter making her daddy a necklace." Because to me, that is more important to my real friends than some short sale listing I just put on the market.

Why not do both; business and personal posts? Well, I can and do when the time is right. A major business event or transaction needs to be said in status, not to "brag", but because my true friends who follow me care about such an event, and can be happy for me. People close to me know that I focus on short sales, foreclosures, and bank owned. "At any given time, my team has a tremendous number of listings, write darn near a contract a day, and have a buyer client list that requires a spread sheet to manage." Now, how many of you that just read that felt like I was bragging, or all of a sudden hated me, or think I should have never typed that sentence? God forbid, I posted that sucker as a status! :)

Let's face it; most real estate agents on social networks are "friends" with other agents. When I login and see that someone I know, just sold a home, or just created and offer, I truly do get excited for them. However, some people question how "professional" and appropriate posting this type of status might be. I always hear "I wish I was as busy as the people on Facebook." LOL! Yeah, some people tend to post every time they even talk to a client on the phone. "Just got off the phone with a client creating a deal", or "Just negotiated a deal with another agent." But, that is their choice! Maybe that's what their "friends" want to see. To me, the people that need to know that I just listed a home are the home owner(s), and my broker...and no worries....they know! (Unless I'm promoting it of course).

It's all good! Social networking has no lines in the sand, no rules (within reason), and is a free flowing platform to post what-ever, and when-ever you want. What a country huh? People choose to use it for "business", while others choose to you it for "pleasure." My choice is to use it for "me!" ... I'm the real deal, the open book, the keepin' it real kinda guy. I will continue to post mostly funny, silly and personal items on my social networks for my "friends" to read and enjoy....and it's amazing how much "business" I obtain from these networks by doing just that....being me!

Frank Wible
RE/MAX All Pros
Father, Husband, Friend....and of yeah....Real Estate Agent! :-)

Understanding Short Sales and Loan Modifications

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Thu, 14 May 2009 10:01:41 -0700

Understanding Short Sales: As foreclosure rates hit record levels, more sellers are turning to short sales as a way to avoid foreclosure. So, how does it work? In a short sale, the seller arranges with their mortgage lender to accept a price that's less than the amount they owe on the property. As part of this arrangement, the lender typically agrees to forgive the rest of the loan. As a result, the seller doesn't have to go though a foreclosure, the buyer picks up a property at somewhat of a discount, and the lender avoids taking on the burden of unloading the property.

Sounds good right? Well, sellers need to know that a short sale may damage their credit, though not as much as a foreclosure. Also, lenders generally will only agree to a short sale if the seller is many payments behind and has received a default notice. Buyers may get a great property at a discount, but they also will need to know that the process can take up to several months (sometimes longer) and go through some extra paperwork too. Not to mention, they also need to be prepared to roll up their sleeves if that new property needs fixing up as lenders generally will not pay for any repairs.

Contact me today if you have any questions about short sales and if you will qualify!

________________________

Frank Wible
Regional Director
Foreclosures/Short Sales/REO's

RE/MAX All Pros
office: 856-228-7990
fax: 856-228-4433
cell: 856-745-7700
fwible@remax.net

________________________

Unfortunately, what is happening is most people are doing everything they can to save their homes through Obama's new plan and the "Keeping Home Affordable Plan". However, once the truth is reviled that most people will NOT qualify for a loan modification, there will be a huge surge of homes going on the market for short sale.-----This is a quote from my blog in January 2009. The press release below from RealtyTrac is showing that my prediction is right.

----------------------------------------------------------

Foreclosures in April exceeded even March's blistering pace with a record 342,000 homes receiving notices of default, auction notices or undergoing bank repossessions, according to the industry report.

One of every 374 U.S. homes received a filing during the month, the highest monthly rate that RealtyTrac, an online marketer of foreclosed properties, has recorded in four-plus years of record keeping.

"April was a shocker," said Rick Sharga, a spokesman for RealtyTrac. "I would have bet on a dip because March foreclosures were so high. Instead, filings were up from March and rose 32% compared to April 2008.

There were 63,900 bank repossessions in April, the last stop in the foreclosure process. More than 1.6 million homes have now been lost to foreclosure since the market meltdown began in August 2007.

203 Pine Oak Ct, Shamong, NJ - Only $329,000

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Wed, 06 May 2009 07:10:58 -0700

Frank Wible | REMAX All Pros | fwible@remax.net | 856-745-7700

203 Pin Oak Ct, Shamong, NJ

Wonderfully re-furbished 3 bedroom, 2.5 baths home set back on
Quiet wooded cul-de-sac

3BR/2.5BA Single Family House

offered at $329,000

Year Built	1977
Sq Footage	Unspecified
Bedrooms	3
Bathrooms	2 full, 1 partial
Floors	2
Parking	None
Lot Size	39,204 sqft
HOA/Maint	$0 per month

DESCRIPTION

Wonderfully re-furbished 3 bedroom, 2.5 baths home set back on Quiet wooded cul-de-sac. Very Recent Renovations done to Perfection give this home a Very Open Layout with Maple Wood Floors in the Liv.Rm.and Din.Rm, All New Kitchen (2yrs.)with Double Sink, Granite Countertop,42"Cabinets. Kitchen table and chairs included because they match the cabinetry! Very neutral. Bathrooms are either updated or completely redone. Fresh Paint. Full dry Basement.Wonderful Family Room with Cathedral Ceiling. Beautiful Multi-Layer Decking. Dual Zone Central Air & Gas Heat. Mostly Anderson Windows throughout.4 year roof!! Full One Year Home Warranty Included! Full appliance Package as-is.(most of which are 2 yrs.new) Almost 1 full acre gives buyer plenty of room to add detached garage or pole barn. Just too many upgrades and highpoints to mention here. New Seneca High School! Go see it. You'll love it! You'll buy it!

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
Family room	Living room	Breakfast nook
Dishwasher	Refrigerator	Stove/Oven
Microwave	Basement	Washer
Dryer

OTHER SPECIAL FEATURES

Fresh Paint

Large Deck

Beautiful Design

BRING OFFERS!!

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Frank Wible

REMAX All Pros

fwible@remax.net

856-745-7700

For sale by agent/broker

Equal Opportunity Housing

Posted: May 6, 2009, 3:53am PDT

LENDERS: Why Lie? We're here to help you also!

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Mon, 04 May 2009 14:26:53 -0700

Most of you that follow my blogs know that I love doing real estate and have focused most of my energies over the past few years doing short sales. What really gets to me more than anything is when; as an agent, I contact the lender over and over again, send them everything they need (most of the time, many times to many different fax numbers and addresses), and deal with their red-tape bureaucracy just to save my client from foreclosure, and then they LIE about me even being in contact with them. What is that all about?

Lately, I have seen it more and more. Borrowers (sellers), contacting the lender out of sheer frustration that nothing is getting done or not moving fast enough and the lender flat out lies to them and tells them something like one of these;

• We've not heard from your Realtor and have nothing on file.
• We tried to contact your Realtor, but they never got back to us.
• We've closed that file a while ago because the authorization was not correct.

I've even had one lender tell my seller that we the agency they hired (our company) is no longer in business! WHAT!!?

Listen, I really don't care what they say to me, I'm used to it! They lie to me all the time about deals I am doing with them, but to bold face LIE "about me" and or the integrity of my staff, I must draw the line there! We as short sale Realtors break our asses to get these things done for both the benefit of our sellers and YOU, the lender. So why do that to us?

I really have no other comments other than STOP IT!

57 Jonquil Way, Gloucester Twp, NJ 08081 Only! $278,900

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Mon, 04 May 2009 13:42:06 -0700

Frank Wible | REMAX All Pros | fwible@remax.net | 856-745-7700

57 Jonquil Way, Sicklerville, NJ

Beautiful well sought after Mayfair Woods 4 bedroom!

4BR/2.5BA Single Family House

offered at $278,900

Year Built	1995
Sq Footage	Unspecified
Bedrooms	4
Bathrooms	2 full, 1 partial
Floors	2
Parking	2 Car garage
Lot Size	10,000 sqft
HOA/Maint	$0 per month

DESCRIPTION

Beautiful well sought after Mayfair Woods 4 bedroom, 2.5 bath home in the Gloucester Township School district!!! Ceramic Tile Floor In Large foyer and Kitchen, Pergo floors in Living room, Dining room and Family rooms! Tons of closet space and a huge master bathroom with a soaking tub complete this home. A beautiful deck with professional landscaping make the backyard a serene place to sit and enjoy your coffee in the morning!

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
Tile floor	Family room	Living room
Dining room	Breakfast nook	Dishwasher
Refrigerator	Stove/Oven	Granite countertop
Stainless steel appliances	Yard

OTHER SPECIAL FEATURES

Huge Master Bathroom

Professional Landscape

Beautiful Design

Fantastic Kitchen

Large Deck

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5

Contact info:

Frank Wible

REMAX All Pros

fwible@remax.net

856-745-7700

For sale by agent/broker

Equal Opportunity Housing

Posted: May 4, 2009, 10:35am PDT

Countrywide / BOA Short Sale Tip and Update! 5-1-09 (IMPORTANT)

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Fri, 01 May 2009 06:17:38 -0700

Countrywide and BOA (and soon other lenders) now require all borrowers to call and request a short sale before it can be started. In other words, if you have a listing and it's a short sale, you must have the seller contact the lender and request a short sale. Until the seller has spoke to the lender, they will not process a short sale application. This is called "Borrower Profiling". It's an attempt to try everything else first before "allowing" a short sale. As of RIGHT NOW, short sale applications are NOT going to be accepted until this is done!

JUST ANOTHER FRANK TIP! Hope it helps!

Frank Wible

RE/MAX All Pros

office: 856-228-7990

fax: 856-228-4433

cell: 856-745-7700

fwible@remax.net

Real Estate News Radio....Tonight's Guest: Former Countrywide Loss Mitigation Executive

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Mon, 13 Apr 2009 15:44:59 -0700

Hello everyone! 7:00PM EST Tonight - Real Estate News Radio

Make sure you tune into tonight's show! We have a guest on that is a former Countrywide employee working in the loss mitigation department. He now has his own company in California assisting agents and homeowners complete their short sales. I spent the past 20 minute pre-interview on the phone with him, and he gave me some great tips and insights into Countrywide's procedures and processes.

If you are involved with a short sale or have anything to do with short sales (which most real estate professionals do), this is one show you do not want to miss. Our guest Jonathan Katz of Absolute Consultant Group (ACG) will be LIVE right from the beginning of the show. You don't want to miss one minute!

Philadelphia, New Jersey, and Delaware area, tune into WNJC 1360AM - Philadelphia Talk Radio. or listen live via the web stream at one of the following locations:

http://www.RealEstateNewsRadio.com
or
http://wnjc.duxpond.com/

--
Frank Wible
RE/MAX All Pros
office: 856-228-7990
fax: 856-228-4433
cell: 856-745-7700
fwible@remax.net

REAL ESTATE NEWS RADIO....EVERY MONDAY NIGHT!

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Wed, 08 Apr 2009 08:36:45 -0700

REAL ESTATE NEWS RADIO....EVERY MONDAY NIGHT! 7PM EST - 1360AM - Philadelphia Talk Radio

I KNOW IT'S A LITTLE LONG, BUT PLEASE READ....

Our radio show is expanding like crazy! Last week alone, we had over 2300+ people listening via the web stream, and 1000's of local listeners via the traditional radio. Our listener base consists of real estate agents, homeowners, homebuyers and other real estate service professionals. The station we broadcast from is syndicating our show across the other stations they own because our segment is quickly becoming a top rated show. For this, we would like to send a huge thanks to all our listeners!

I just wanted to drop you this quick email to see if you or your company would be interested in being a sponsor of this great show? We are trying to promote only one sponsor per industry segment, so I figured I would write to you first to see if it was something you wanted to do. It's a great way to get your message out to the real estate buying, selling, and professional community! The cost is so inexpensive, and your exposure is fantastic.

ATTENTION: Lawyers, Title Companies, Mortgage Companies, Real Estate Agents/Brokers, Coaches, Speakers, Authors, Homeowner Service Companies, Staging Companies, Cleaning Services, Security Companies, the list goes on...

COMMERCIAL SPONSORSHIP:
Included is a 30-45 second commercial that will run each and every week (4 times per month). We make the commercial for you, including the background music, voice-over, etc. Again, we air every Monday at 7PM, and your spot will be on every show. Plus, you will be featured on our website with a link directly to your website. It's a fantastic deal, and as a business the advertising is tax deductible! No contracts, month to month agreement! We can only have so many spots available, so contact us quickly to reserve yours!
COST: $100 per month for 4 spots per month!

GUEST APPEARANCES:
This is really cool! Would you like to be a live studio or call-in guest on the show? You can promote your services and talk about your topic LIVE on our show! A complete guest interview if you will. This is a fantastic way to promote your business, and you can now include in all your advertising "As heard on National Radio!" All guests will also receive a copy of the entire show in MP3 format so you can use it for promotion on your website, etc.
COST: $50 for half an hour, $75 for the entire hour!

This is a great opportunity for anyone looking to promote their services or business, and the costs are so minimal. Please contact me as soon as possible to reserve your spot, or schedule your guest appearance. We will send you an electronic invoice, and you may pay by check or credit card. It's easy, fun and a very inexpensive way to promote yourself!

CALL ME OR EMAIL ME BACK AND I WILL SEND YOU THE DETAILS OF WHAT I NEED TO CREATE THE AD OR TO SCHEDULE YOU IN!!!

Your Host, Frank Wible
Real Estate News Radio
RealEstateNewsRadio.com

--
Frank Wible
RE/MAX All Pros
office: 856-228-7990
fax: 856-228-4433
cell: 856-745-7700
fwible@remax.net

Great NEW Tip With Countrywide Short Sales... A Must Read!!

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Tue, 07 Apr 2009 12:44:36 -0700

CUT 2 WEEKS OFF YOUR SHORT SALE WAITING TIME BY DOING THE FOLLOWING.......

I just got off the phone with a friend at Countrywide. I had to post this tip almost immediately! When sending your short sale packages to them, break the faxes up into sections in no more then 10 pages!!! if your package is 50 pages, then you will send 5 separate faxes!!!! (10 pages per fax)...

Send the financials in one fax, the contract in another, etc, etc. Keep the sections together if you can! And always have the account number at the top of every faxed page you send of course!

WHY WHY WHY WHY?????

Well, turns out that faxes that are 10 pages or less get imaged almost immediately, where faxes greater then 10 pages can take up to 2 weeks!!!! THAT IS A HUGE 2 WEEKS CUT OFF YOUR WAIT TIME!!! Cut your short sale time line down by 2 weeks just by doing this simple fix!!!

Countrywide is claiming they are trying to streamline the process (yeah right), but hey, this little bit of information helps! get the word out!!!

Best of luck!!

Frank Wible
REMAX ALL PROS
Regional Director
Foreclosure & Short Sale Department

OMG- LIVE TONIGHT! Real Estate News Radio!

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Mon, 30 Mar 2009 16:29:45 -0700

Once again this evening, you will have the chance to listen into the greatest real estate news radio show in the US. The show covers some great topics and is completely focused in Real Estate. The is a great opportunity for you to find out what's happening in your market and how to keep up in the game!

You can listen live on 1360AM talk radio in Philadelphia, New Jersey or Delaware, or you can listen live via the web at the site address below.

http://www.RealEstateNewsRadio.com/

More Info: http://www.facebook.com/event.php?eid=80026360090

TONIGHT WE ARE GOING TO LOSE OUR MINDS! THE MARKET IS GOING NUTS AND I THINK WE WENT WITH IT!!! YOU BETTER LISTEN IN TO SEE HOW CRAZY WE GET!!!! OMG, I THINK I'M OFF MY MEDS(kidding) OR TO MUCH REDBULL!!! THIS SHOULD BE INTERESTING!!!

1000's OF REALTORS LISTENING IN EACH WEEK!! DON'T BE LEFT BEHIND!!

CHERRY HILL - OPEN HOUSE (Sunday 1 to 3) - Very Private And Secluded Beautiful Home!

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Sun, 29 Mar 2009 09:34:20 -0700

Frank Wible | REMAX All Pros | fwible@remax.net | 856-745-7700

7 Kings Highway N, Cherry Hill, NJ

Looking for Privacy? Look No Further! Wonderful Home! ....and
really a must see!

3BR/2.5BA Single Family House

offered at $295,000

Year Built	1969
Sq Footage	Unspecified
Bedrooms	3
Bathrooms	2 full, 1 partial
Floors	1
Parking	4+ Car garage
Lot Size	30,770 sqft
HOA/Maint	$0 per month

DESCRIPTION

Very private, set back on close to one acre of land at the very end of Kings Hwy! Settle into this ranch 3-bedroom/2.1-bath home. This distinctive floor plan delivers a striking gathering room with marble floors, fireplace, built-in bookcases, first-rate kitchen with breakfast area, custom countertops, dishwasher, custom cabinets, pantry, large laundry, hobby room, large yard, lush garden, deck, 1-car garage, detailed woodwork, professional decor. New garbage disposal, all stainless steel appliances, with new 2-drawer dishwasher and new microwave; glass-top stove; new hardwood floors in kitchen, dining room and office, new carpeting in master bedroom and 1 bedroom, new lighting in kitchen and dining room, bedroom, both baths; interior painted throughout, new 30-year Timberline roof (all of old roof removed down to the studs) with new plywood sheathing; new landscaping; new gutters, new hot water heater, new air conditioning-heating system including entire duct system replaced;new water filtration system

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
High/Vaulted ceiling	Walk-in closet	Hardwood floor
Tile floor	Living room	Office/Den
Breakfast nook	Dishwasher	Stainless steel appliances
Laundry area - inside	Balcony, Deck, or Patio	Yard

OTHER SPECIAL FEATURES

Very Private Area Setback off Kings Highway

Complete Rehab in 2007

Hardwood Floors

Fantastic Kitchen

Beautiful Design

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Frank Wible

REMAX All Pros

fwible@remax.net

856-745-7700

For sale by agent/broker

Equal Opportunity Housing

Posted: Mar 29, 2009, 6:13am PDT

----------------------------------------------------------------------------------------
DIRECTIONS: Home is right at the end of Kings Hwy, right before the Rt 73 Entrance Ramp and the Curve. This home is setback like 200 Feet, so you may have a hard time seeing it from the street! Look for the Balloons!!

189,900 - Brantley Way - Gloucester Twp, NJ 4Br/2.5bath

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Mon, 23 Mar 2009 12:56:45 -0700

Frank Wible | REMAX All Pros | fwible@remax.net | 856-745-7700

10 Brantley Way, Gloucester Twp, NJ

This home qualifies for the NO MONEY DOWN PROGRAM!

4BR/2.5BA Single Family House

offered at $189,900

Year Built	1969
Sq Footage	Unspecified
Bedrooms	4
Bathrooms	2 full, 1 partial
Floors	2
Parking	2 Car garage
Lot Size	15,360 sqft
HOA/Maint	$22 per month

DESCRIPTION

This Well Maintained Three Bedroom Features Many New Upgrades Including Flooring,Tile Bathroom,Siding,and Much More.The 96x160 Lot Has Beautiful Landscaping With Running Fountains And Custom Built Stone Walls That Will Provide A Serene Get-A-Way Right In Your Back Yard.

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
High/Vaulted ceiling	Tile floor	Family room
Living room	Bonus/Rec room	Office/Den
Dining room	Refrigerator	Basement
Laundry area - inside	Yard

OTHER SPECIAL FEATURES

Finished Basement

Professional Landscape

Large Home

Quiet Area

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Frank Wible

REMAX All Pros

fwible@remax.net

856-745-7700

For sale by agent/broker

Equal Opportunity Housing

Posted: Mar 23, 2009, 10:41am PDT

3-24-09 - Broker's Open - There is such a thing as a FREE Lunch!!! - Cherry Hill

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Mon, 23 Mar 2009 11:57:07 -0700

7 N Kings Hwy N
Cherry Hill, NJ
08034

MARCH 24th, 11am to 1PM

Broker's Open Tour and FREE Lunch!

The Seller Would Love Your Feedback!

Brokers Open

You'll be quite pleased with how well this property has been taken care of. Settle into this ranch 3-bedroom/2.1-bath home. This distinctive floor plan delivers a striking gathering room with marble floors, fireplace, built-in bookcases, first-rate kitchen with breakfast area, custom countertops, dishwasher, custom cabinets, pantry, large laundry, hobby room, large yard, lush garden, deck, 1-car garage, detailed woodwork, professional decor. New garbage disposal, all stainless steel appliances, with new 2-drawer dishwasher and new microwave; glass-top stove; new hardwood floors in kitchen, dining room and office, new carpeting in master bedroom and 1 bedroom, new lighting in kitchen and dining room, bedroom, both baths; interior painted throughout, new 30-year Timberline roof (all of old roof removed down to the studs) with new plywood sheathing; new landscaping; new gutters, new hot water heater, new air conditioning-heating system including entire duct system replaced;new water filtration system. A Must See

PROPERTY FEATURES:

Air Conditioning
Central Heat
Fireplace
Hardwood Flooring
Tile Flooring
Family Room
Living Room
Bonus/Rec Room
Office/Den
Dishwasher
Refrigerator
Microwave
Dryer
Laundry Area-Indoor
Yard
Garage
Cable
Professional decor
Glass-top stove
Stainless steel appliances

CONTACT INFO:	Property For Sale MLS#: 5490225 318,000 Single Family Home 3 Bed 3.0 Bath Parking: 5 Car + Sq. Ft. Built 1969 Commission: 7 N Kings Hwy N Cherry Hill, NJ 08034 (click for map) Virtual Tour Local MLS
	Remax All Pros Frank Wible 5701 Rt 42 Turnersville, NJ 08012 Office: 856-228-7990 Cell: 856-745-7700 Fax: 856-228-4433 Email Me Visit My Website

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$8,000 Credit Vs Short Sale...Danger Zone?

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Tue, 17 Mar 2009 08:07:06 -0700

On my radio show last night we hit on a topic that I think should be a major concern for all agents. The conversation was; if a first-time home buyer attempts to purchase a home tagged as a short sale and it does not close in time to qualify for the tax credit. The buyer, looking forward to purchasing the property while calculating the current tax credit ($8,000) as part of their buying budget.

Some months later, and the short sale still not approved, the December 1, 2009 deadline date passes. This buyer has lost eligibility to receive the tax credit! Who is liable? What happens now? It’s important to educate your buyers that this risk is real!

As smart as our Government thinks they are, I am almost certain this issue has not been addressed. I will personally send a copy of this letter to Washington voicing my concern on the issue.

In the meantime, I think it’s important, as buyer agents to inform the buyer of the risk that is involved. Maybe not so much today (March 17, 2009 as I write this), but with the passing of each month the risk level gets higher. By the time we reach August and September, the risk almost becomes a reality.

As seller agents, we should add an additional clause to our short sale addendum spelling out the risk for the buyer. This way, all parties are aware before entering into the agreement of sale.

Food for thought? Absolutely! And as I finish off this post, I’m not even sure how this can be addressed. What I do know is this will not stimulate the sale of pre-foreclosure homes that require a short sale. And these are the homes the Government should want off the market.

Comments? Suggestions?

Frank Wible
RE/MAX All Pros
www.ShortSaleNJ.com

www.NewLoanPackage.com - Modify Your Loan/Mortgage Today!

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Tue, 10 Mar 2009 13:37:20 -0700

PEOPLE! … THERE IS NO SECRET TO DOING A LOAN MODIFICATION! – Over 9 Million People Will Qualify!

Doing a loan modification is easy. All you need is the right instructions and the forms the lender will require. Frank Wible, the nation’s number one short sale realtor has performed hundreds of these loan modifications for his clients.

NOW, the same documents and instructions that have been used by his staff are now available for download. You will not believe how easy it is to modify your own loan. It’s time to take advantage of this governmental opportunity to reduce your payments and possibly, your entire loan amount.

Take a look at the website we have setup for you and you will see what we mean…
NewLoanPackage.com

Frank Wible, LLC
Turnersville, NJ 08012
fwible@gmail.com
Phone: 856-745-7700
Fax: 856-228-4433

PS: Realtors and Agents are welcome to use this package to provide Loan Modification Services for their clients

Do it Yourself Complete Loan Modification Kit!

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Tue, 10 Mar 2009 13:05:25 -0700

Frank Wible's NewLoanPackage.com

Instruction Manual
Financial Sheets
Negotiation Strategies
Qualification Checklist
Sample Hardships
Lender Phone Numbers
Government Guidelines
Package Checklist
COMPLETE MODIFY PACKAGE!

Government Approves Help For Homeowners!

Are you behind on your mortgage or can you no longer afford your mortgage? The government and lenders have finally approved a program that will help you modify your loan to something you can afford, even if they have to erase the amount you owe and start over again!

To take advantage of this new program, all you will need is to order and download the kit and required documents! Still can't get it done? Included is an form you fill out, fax it to us and we'll do it for you!

Frank Wible, the nation's top foreclosure, short sale and loan modification expert has spent years developing a comprehensive loan modification package that lenders look forward to receiving! Modifying your loan is easy with the right forms and documentation. You'll be AMAZED at how easy it is to modify your own loan!

Save yourself thousands of dollars per year and receive interest rates as low as 2%. Make sure your order your documents today!

FRANK WIBLE ON CBS NEWS...

You Could Be Using The Same Systems That Attorneys, Realtors and Loan Modification Companies Use, And Do-it-Yourself For Only $29.95!

Order Your Kit Today!

Loan Modification Is EASY WHEN YOU HAVE THE RIGHT DOCUMENTS AND KNOW HOW! The nation's top foreclosure real estate agent that provides these services daily, is now providing you the secrets to complete your loan modification! And it's SO EASY!!

Lower the interest rate and payment!
Reduce the principal balance!
Convert an adjustable rate to a fixed rate!
Lender forgiveness of missed payments!
Remove all late fees and charges!
Stop the foreclosure Process!
All Needed Documents Included!
Instant Download!
It's Very Easy!

DID YOU KNOW YOU CAN MODIFY YOUR MORTGAGE YOURSELF? IT'S EASY WITH MY NEW LOAN PACKAGE!

Order Now

Do I qualify for a Loan Modification?

Answer these questions:

1. Is your home your primary residence?
2. Is the amount you owe on your first mortgage equal to or less than $729,750?
3. Are you having trouble paying your mortgage? For example, have you had a significant increase in your mortgage payment OR reduction in your income since you got your current loan OR have you suffered a hardship that has increased your expenses (like medical bills)?
4. Did you get your current mortgage before January 1, 2009?

DID YOU ANSWER YES TO ALL OF THESE?...Then You Qualify!!

Order Your Kit Today!

Frank Wible is no stranger to foreclosures and difficult real estate markets. He has spent his entire real estate career focused on the people involved in foreclosure.

As heard on the radio each week, and seen on TV, Frank is often called by the media to provide market analysis and assistance to call-in listeners when they face financial hardship with their homes.

Frank is a well known real estate columnist and analyst for national newspapers, magazines and websites. He is recognized as a nationwide foreclosure, short sale, loan modification and loss mitigation expert.

As the short sale and loan modification authority, many Realtors, brokers, and lenders have hired Frank to assist in the transactions with their short sales, loan modifications and foreclosure properties.

Frank continues to grow his "Helping People" business and win award after award for service and dedication to the industry, and most importantly, homeowners in financial trouble.

Frank Wible, LLC
Turnersville, NJ 08012
fwible@gmail.com
Phone: 856-745-7700
Fax: 856-228-4433

Order Your Kit Today!

1600/Month - Fantastic Voohrees Main Street Home!

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Fri, 06 Mar 2009 07:47:34 -0800

Frank Wible | REMAX All Pros | fwible@remax.net | 856-745-7700

3024 Main St RR3, Voorhees, NJ

Prestigious Main Street In Voorhees

2BR/2BA Condo

$1,600/month

Bedrooms	2
Bathrooms	2 full, 0 partial
Sq Footage	Unspecified
Parking	1 dedicated
Pet Policy	No pets
Deposit	$2,300

DESCRIPTION

Imagine being on your private balcony overlooking The Promenade of prestigious Main Street Voorhees. Visit the famous Main Street Pub and enjoy executive style living in your own penthouse condo with 2 bedrooms, and featuring 2 separate/private bathrooms. Entertain in the large living space with corner wood burning fireplace, newer appliances, and updated carpets. Plus, just for you we’ve recently repainted to all neutral colors. Great area with gourmet restaurants, secure building, and convenient to all major roads to Philadelphia. Just pack your wares and furniture decor, as we will include the refrigerator, washer, dryer and microwave for you. You'll never regret the day you move-in while living in style with this fantastic space.

Limited Applications Being Accepted. We know YOU have what it takes to be our next Main Street resident! Maybe even befriend the famous Philadelphia sports players that you may be calling your neighbors! Want to stay longer? Talk to me about a possible lease purchase! Call my cell phone (or email me) today to setup your private visit!

see additional photos below

RENTAL FEATURES

Air conditioning	Central heat	Fireplace
Living room	Refrigerator	Stove/Oven
Microwave	Washer	Dryer

COMMUNITY FEATURES

Garage parking	Business center	Playground
Elevator

LEASE TERMS

12-24 Months or Possible Lease Purchase!

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Frank Wible

REMAX All Pros

fwible@remax.net

856-745-7700

Equal Opportunity Housing

Posted: Mar 6, 2009, 5:24am PST

Short Sale/Foreclosure Services, and Area of Service

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Fri, 20 Feb 2009 07:45:48 -0800

Services Provided.
Frank Wible is no stranger to foreclosures and difficult real estate markets. He has spent his entire real estate career focused on the people involved in foreclosure. As heard on the radio and seen on TV, Frank Wible is often called by the media to provide market analysis and assistance to call-in listeners when they face financial hardship with their homes. Frank is a well known real estate columnist and analyst for national newspapers, magazines and websites. He is recognized as a nationwide foreclosure, short sale, and loss mitigation expert.

As the short sale authority, many Realtors, brokers, and even lenders have hired Frank to assist in the closings on their short sales and foreclosure properties. Frank continues to grow his "Helping People" business and win award after award for service and dedication to the industry, and most importantly, homeowners in these financial troubles.

What do you mean by Short Sale?
There are many ways to lose a home but giving away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One of those options is called a "short sale." When lenders agree to do a short sale in real estate, it means the lender is accepting less than the total amount due.

If you are facing financial difficulties and are behind on mortgage payments, or if your lender has contacted you in regards to foreclosing on your home, you are not alone. New Jersey has one of the highest foreclosure rates in the nation. Frank Wible and his team of experts can assist you by explaining all your options, and negotiating directly with your lender for a short sale. Frank Wible specializes in marketing properties where a short sale may be a seller's last option before the home is foreclosed. The key to a successful short sale is to call Frank as soon as possible to discuss your options. The call and your information will be kept strictly confidential.

Areas of Services:

NEW JERSEY...
Camden County
Burlington County
Gloucester County
Monmouth County
Atlantic County
Ocean County
Cape May County

FLORIDA...
Tampa Area
Hillsboro County
Pasco County
Pinellas County
Hernando County

Frank Wible
RE/MAX All Pros
Short Sale & Foreclosure Division
Home Retention Services

Cell: 856-745-7700
http://www.ShortSaleNJ.com

Mr. Santelli from CNBC has shown his true colors...SHOCKING VIDEO!!!

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Thu, 19 Feb 2009 20:03:20 -0800

VIEW THIS VIDEO FIRST, IT'S SHOCKING: http://www.cnbc.com/id/15840232?video=1039849853

Dear Mr. Santelli & CNBC,

Your reporting on this topic today was an outrage. Are you calling my clients that have kept steady jobs for years, and now from no fault of their own, are possibly losing their home "losers?" Personally I think you are a pompous ass!

I agree that many people purchased homes that they could not afford, but why did the lenders place the stamp of "APPROVED" on the damn loan to begin with. Maybe the blame (not the trillions their getting) needs to go in that direction. And, is it wrong for someone that never had the opportunity to have the American dream of homeownership try to make it work? The lenders told these people they could afford it, so they bought. It's that simple.

You calling people that are behind on their mortgage, some for very valid reasons, "losers", only makes you look like a complete jerk and goes to the creditability of your bias reporting.

What do you propose? Shall we put all these people on the streets? Will that cost tax payers less? Your ignorance on this topic is baffling on so many levels.

The housing market is the backbone of our economy and needs to be corrected. The corruption and outright greed at the governmental and executive (CEO) levels created this nightmare we all live in today and needs to be addressed in order for this country to move forward. Just for the record, a personal friend of mine was dismissed (fired) from a national lender in 2005 for declining too many loans. It's fairly obvious where this problem started!

Someone I know needs to transfer to another state because it's the only way to keep his employment and means to feed his family. Their home has dropped over $200,000 in value and requires lender or governmental intervention or he will surely lose it, are they "losers?"

Let's hope for your sake you never lose your job reporting for CNBC (which by the way, I think you should), and are not required to sell your home that has dropped significantly in value. If so, I will be the first one at your door step picketing with a "LOSER" sign on your lawn.

In closing, some people have saved all their lives, built enough cash to purchase their first home, then catastrophe struck and they lost not only their income, but their savings due to the 60% drop in the market. They ask the lenders/government for assistance and you tag them as a "loser!" As far as I am concerned Mr. Santelli, you are not only an ignorant jackass, but an extremely poor reporter, and all around human being.

You're so damn smart, what do you propose? Stick your head in the sand and ignore this hoping it will just go away? I can only hope the next short sale I have approved for my "NON-LOSER" client, the loss comes directly from your tax dollars personally. Nothing would make me happier!

Thank you for your time and showing your true self. Character is identified during the bad times, and you have now shown yours clearly...

Frank Wible
RE/MAX All Pros
Short Sale & Foreclosure Division
Home Retention Services

Foreclosure Short Sale In New Jersey - What you really need to know.

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Wed, 18 Feb 2009 22:23:59 -0800

Don't get sucked into by the hype! Remember what your mother and father used to say, "If it's too good to be true, it normally is!" Your home, most of the time your largest investment; when it becomes your largest problem, you quickly look for a solution....and that sometimes leads you down the wrong path!

Investors, agents, and every loan modification company in the world will contact you. Your mailbox will become more "full of crap" than most politicians. Choose wisely. It's important to ask the following questions:

•1.) How many short sales and foreclosures have you done? What was the outcome and how long did it take?

•2.) What relationships with which banks do you currently have?

•3.) Do you negotiate the deal yourself, or do you sub-contract it out to a lawyer or someone else?

•4.) Ask for references from other deals they have done.

•5.) If anyone asks you to place your deed in another name, in trust, or company name without a closing taking place with a real title company, tell them you want to speak to your lawyer first. Never, ever sign your deed to anyone. This will make for a mess!!!

Short sales are complex sales. There is no easy way to deal with them, and yes they do take a while to accomplish. Don't listen to the people that say they will have them done in less than 20 days. In most cases, and unless it's a local bank, it's almost never possible!

Investors hate me for saying this, but the cheaper they get your house under contract for, the higher your risk of having to repay the money at the end of the transaction in the form of a personal note. Remember, unless done correctly, you may have just sold your home, and walked away with a personal note for the full remaining balance that you owe!

Contact me today for advice on your situation and your property...no obligations.

Frank Wible
RE/MAX All Pros
Short Sales and Foreclosure Department
Cell: 856-745-7700
office: 856-228-7990
fwible@remax.net
www.ShortSaleNJ.com

CLICK HERE TO CONTACT ME VIA EMAIL RIGHT NOW:

It's quick and easy....

Short Sales and Foreclosures in New Jersey - Important Decision!

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Wed, 18 Feb 2009 21:16:31 -0800

Lately, I have been overwhelmed with listing homes. Everyone who thought that they may be able to work a deal out with their mortgage company are starting to feel the frustration, hopelessness and despair. Then they decide to give up and list the home.

Unfortunately, most loan modifications and forbearances rarely work out. The mortgage company strings you along until you are so desperate you make any deal to save your home. Remember, they are "negotiators", that's what they do, and they know how to win.

When you decide enough if enough and you list your home, make sure the agent you use has the experience in order to handle this type of sale. There are so many ways you can get hurt if the transaction if not done correctly. It's important you understand the situation and how to minimize your exposure to the lender.

This year I was one of the top agents in South Jersey, and 99% of my transactions were short sales. I know how to get them done and make them happen. I personally want to thank ActiveRain, as they have realistically provided me the ability to deliver the true and real message about short sales to people in need of these services!

Frank Wible
RE/MAX All Pros
Short Sale and Foreclosure Department
Cell: 856-745-7700

Have a question about your home? Feel free to call me ANYTIME!!

CLICK HERE TO CONTACT ME VIA EMAIL RIGHT NOW:

It's quick and easy....

ADDENDUM TO SHORT SALE LISTING - SELLER (New)

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Sun, 15 Feb 2009 10:44:06 -0800

ADDENDUM TO SHORT SALE - SELLER

RE/MAX ALL PROS, 5701 Rout 42, Turnersville, NJ 08012, 856-228-7990

LISTING AGENT: _______________________________ DATE: ________________

1.) Due to the nature of this sale, the listing can be canceled at anytime for any reason. Except for when property is under active sale contract. If canceled, the seller, nor the lender(s) or lien holders will not owe agency fees, and will not be liable for any commissions or fees associated with this listing agreement.

2.) Short sale and foreclosure listings require a review of title on your property to ensure no additional liens, judgments, and confirm mortgage amounts. Title is ordered through Garden State Abstract. Title will be confirmed, reviewed, and current debt/liens confirmed. Because Garden State Abstract will spend the time and money to review your title, it makes the closing transaction easier by utilizing this same title company. As the seller(s), we agree that the closing for this property should be facilitated by this title company. Any and all offers from other agencies should be required, but not mandated, to close utilizing this title company.

3.) If for any reason the short sale is not successful, as the seller(s), we/I understand that there is a risk of losing the property through foreclosure. If possible, please continue to make mortgage payments. There are no guarantees that your lender(s) or lien holders will release the lien for a lower amount. It’s always a good idea to consult an attorney for additional assistance if in foreclosure.

4.) Seller understands and agrees that if sold as a short sale, they will receive no proceeds from the sale of this property. Because the home is being sold as a short sale, and the lien holders may be receiving less than full amount as payment in full, the seller will receive nothing from the sale. NO EXCEPTIONS!

5.) The sale terms and conditions of the short sale will be sent from your lien holders. Once received, the seller will have the choice to cancel the contract of sale or this listing agreement if the terms and conditions are not to their satisfaction (as spelled out in the agreement of sale). Some lenders require sellers to sign a personal note or deficiency for some or all of the remaining balance of the loan. Seller(s), if deficiency is required, holds harmless our office, the broker, the agent(s) and all its employees or affiliates. As the seller(s), we/I make the choice on our own free will on whether or not to accept this deficiency. In some cases, an attorney can assist in removing this deficiency and should be consulted before agreeing to sign such note or agreement prior to proceeding to close on their property.

6.) Credit reporting is in the sole discretion of the mortgage holder. Agents can’t control what damage a short sale may have on your credit. No guarantees are made on how your credit will be affected from this sale.

7.) A successful property sale will require all credit judgments, personal tax liens, child support, and any other lien required to clear title on the property. In some cases, the lender will pay these liens in order to provide clear title to the new buyer. HOA Fees and Property taxes are almost all the time paid by the lender. If the lender will not pay any lien, and you cannot afford to pay the liens, the listing agent(s) may have to lower their commission in order to settle the debt for you. If so, the seller agrees to pay the agent back through reasonable monthly payments in order to settle the difference. Payment schedules are listed below***

8.) In order to sell your property, certain personal and financial items will be required by your lender and or lien holders. Lists of these required financial items are provided for you by the listing agent. In addition to this personal information, the following below items will or may be needed in order to successfully provide accurate data to your lender or property lien holders. These items do require payment from you directly to the vendor. You are responsible for paying these vendors. Neither RE/MAX nor your listing agent is compensated in any way for payment to these vendors.

a. Title and Judgment Search Completed and Reviewed;
Cost: $150, make check payable to: Garden State Abstract & Title
*You may choose your own vender for this service, but must be done.

b. Complete Appraisal done on your property to show value to your lender;
Cost: $300, make check payable to: Gaffney Appraisal Company
*You may choose your use your own appraisal company, but must be done.

c. Complete Home Inspection on your property
Cost: $250, make check payable to: Safe & Sound Home Inspections
*You may choose your own vender for this service. **Optional if there are issues with home

9.) The services above must be paid for, by you, when the services are completed. If possible, please provide you’re listing agent the checks payable to the vendors for these services at the time of listing. Title will be ordered as soon as possible for us to verify any judgments and/or liens on the property. You are not reimbursed for any of these services if the sale is not completed. You own the information provided by these service companies and you will be provided a copy upon request.

10.) Payment repayment schedule based on costs and payments made by lowering agent’s commission in order to settle personal liens’, judgments, repairs, and other possible costs.

Amount	Payment	Terms
$100 - $1,000	$50.00 Per Month	Payable to Broker - 0% Interest Until Paid
$1,001 - $3,000	$100.00 Per Month	Payable to Broker - 0% Interest Until Paid
$3,001 - $10,000	$150.00 Per Month	Payable to Broker - 0% Interest Until Paid

**Invoices will be mailed to your new address each month after you make settlement. A separate note will be created at settlement for the amount. Agent reserves the right to not satisfy ANY of the judgments or liens for any reason at anytime. Satisfying any personal debt for the seller(s) to complete the sale is NOT required by the agent.

THIS IS A LEGALLY BINDING CONTRACT THAT WILL BECOME FINAL IN THREE BUSINESS DAYS. DURING THIS PERIOD YOU MAY CHOOSE TO CONSULT AN ATTORNEY WHO CAN REVIEW AND CANCEL THIS CONTRACT.

Seller: _________________________________________ Date: _______________________

----------------------------------------------------------------------------------------------------------

This is my short sale listing addendum. I have provided it online for agents to use or home sellers to review. Selling a home as a short sale is complicated. Please hire an agent that is experienced with this type of sale.

-- Frank Wible

Real Estate News Radio - Show Information

Frank Wible, Foreclosure/Short Sales (REMAX CONNECTION) — Fri, 16 Jan 2009 07:42:04 -0800

LISTEN IN EVERY MOMDAY NIGHT @ 7PM EST on 1360AM Philadelphia's Talk Radio Station or listen live via stream at http://www.RealEstateNewsRadio.com/

Dear friend, service provider, or Realtor;

As you may know by now, I host a Monday night radio show that is strictly real estate related. Our target market is Realtors and Real Estate Professionals. We provide market data, training and fantastic insight to what the market is doing. Because we’ve now built the show around “Real Estate Professionals Only”, home owners and home buyers always tune in to get the inside scoop. However, most of our listeners at this point remain Realtors and Real Estate Professionals.

We welcome you to listen in each and every Monday night at 7PM on 1360am Talk Radio. Certain weeks expert guests, authors and area specialists provide listeners with in-depth data about their specialty. The listener base has been growing each week and we now have a huge following based on the feedback we receive at our website.(www.RealEstateNewsRadio.com). We now have listeners via the web, iTunes, Podcasts, and BlogTalkRadio from around the country!!

The reason for this email is twofold. 1.) We would like to offer you a guest appearance to discuss the services you provide in the real estate market, and 2.) the opportunity to help us with a show sponsorship. The sponsorships are as follows;

1.) Read In – We do a live read of your commercial. We develop the script together and we read it live on the air as if you were the best company on the planet and we use you directly. This is a great way to promote your business and obtain clients quickly. The cost for this is only $125 per month (4 spots – 1 each week) with a month-to-month commitment. Any read-in sponsorship will also be invited as a guest on the show if they like.

2.) Professional Commercial – We can produce a professional 30 second commercial for you with script, music, etc. The commercial, once produced is yours to keep. It’s in MP3 format so you can use it on your website, etc. It’s a great professionally made commercial. I have attached a MP3 file to this email of the show opener to provide you the quality that we produce. The voices we use are professional folks that do voice-overs and commercials for a living. To produce a 30 second commercial on MP3 format costs us $325. Once produced you own it and never have to do it again. The cost to run that sponsorship commercial is the same as the read-in, $125 per month for 4 spots—1 play per show per week, with a month-to-month commitment. Any commercial sponsorship will also be invited as a guest on the show if they like.

This is a “really inexpensive” way for you to have your company or yourself well promoted among real estate professionals, homeowners and home buyers in the South Jersey, Philadelphia markets. As you can see by those crazy sponsorship prices, we are not trying to make money off our sponsors, we only look to cover the costs each week for our show. By the way, all sponsors will also be listed on our website, with a direct link to their website!

Please let me know if this is something that interests you or maybe you can pass this onto a friend or peer that may be interested. Give me a shout if you would like to be a guest and we will schedule you in for the show. For those of you wondering, “Yes”, I still do my Tuesday night radio show on 92.1FM @7pm. This talk radio show has gone from 10,000 listeners to over 500,000 listeners since I have taken the show over. We expect the same on the real estate radio show as well.

Call me directly at 856-745-7700 or email me back, if you would like to speak to me in more detail. Thanks for reading and if you get the chance, please listen in to a great show! If you work with real estate contractors or professionals can you please pass a copy of this onto them....that would be great!!!! Thanks!!!

Frank Wible
Real Estate News Radio Show Host