Don’t miss this fantastic 2 CE Short Sale Class….  “The New World Of Short Sales”, Tuesday Aug 17^th from 2:00 pm to 4:00 pm at Stewart Title DTC (8390 E Crescent Pkwy, Suite #230, Greenwood Village CLICK HERE FOR MAP!).  Get the inside scoop on what the big banks & lenders are up to next with regards to Short Sales…  Space is limited – CLICK HERE TO RSVP!

2 CE - "New World Of Short Sales" - Aug 17th

 

The government HAFA (Home Affordable Foreclosure Alternatives) program provides financial incentives for various parties to a Short Sale transaction including $3,000 to sellers/borrowers from gross sale proceeds for relocation assistance.  If your Seller qualifies for a HAFA Short Sale it could be a slam dunk transaction for all!  Stewart Title is ready to help with your HAFA Short Sale transactions – We have a HAFA Check List to help you determine if your Seller qualifies and we offer the assistance of our Stewart TItle Short Sale Service!  Contact our Stewart DTC Sales Team for more info at jlopez@stewart.com or #303-358-3316!

We’re ready to help with your HAFA transactions!

This is a MUST-ATTEND Class if you plan on listing a Short Sale in 2010…  This Thurs June 10th from 1:00 pm to 3:00 pm at our Stewart Title Cherry Creek Branch!  Plus 2 CE Credits!

RSVP to JLopez@Stewart.com or call #303-358-3316!

A Course Like No Other for Denver Real Estate Professionals!  Stewart Title is proud to be the exclusive title sponsor for “Unlocked!”..  The 8 week Course! 

Unlocked... The Course!

Sign-Up Today & “Unlock” The Door To Your Business In 2010 at…  www.EfficiencyByDesignOnline.com!

Stewart Title DTC is pleased to announce the roll-out of our Short Sale Service Division!  Below is an introduction to the services provided by our Short Sale Service Team!

 INTRODUCTION TO OUR STEWART SHORT SALE SERVICE:  We can be as involved with the Short Sale steps as you’d like, and will contact the homeowners directly upon your request as well.  We will update you and the selling agent throughout the entire process via email each time a step has been completed, and any time we have a phone conversation with the lender(s).  Because of all of reviewing/researching we do prior to lender submission, we have a goal for short sale acceptance to be received within 90 days vs. the 180-300 days that you will find with most of our competitors.  Once we have the short sale acceptance/letter in writing, we forward it on to all parties to review…and then your Stewart DTC Closer will take it from there!

Our fee is $595 (for up to 2 liens), with NO upfront fees collected from you or your seller.  Our fee is collected on the HUD to be paid from the lender proceeds as part of the closing transaction.  If the lender will not allow the fee to come from their proceeds, it does become the responsibility of the seller/listing agent at the time of closing.  There is no fee charged if the closing is not successful.  While we have a very high closing success rate, it’s not 100%.  Most lenders are willing to come to a mutual agreement with the homeowners, but there are a few that will determine it would be in their best interest to let the home foreclose…and in some rare instances, the homeowners decide foreclosure may be their best option. 

Below is a list of brief steps we’ll take, so that you can focus on selling real estate:

• We will order lien payoffs and obtain HOA/utilities balances to establish accurate amounts for use in preparing the estimated HUD
• We will submit Borrower Authorization to the bank to allow Stewart Short Sale Services to contact the lender on behalf of the seller
• Check the county records for Notice of Election and Demand (NED) and foreclosure sale date of the property, and will update monthly until we have a purchase offer
• Order title commitment and prepare preliminary HUD-1
• Submit and confirm receipt of the completed Short Sale Package to the Lender
• Confirm the status of the Broker Price Opinion (BPO)
• Actively communicate with the Lender in pursuit of the discount Payoff Agreement
• Relay any terms/counter offers from the Lender to the Agent
• Consistently follow-up and email both Agents throughout the transaction
• Supply copies of approval/payoff letters to the Agent and your Stewart Title escrow officer for he/she to perform the closing transaction

Let us know if you have any questions, or if there is any other way that we can be of assistance to you! 

Warmest Regards,

Jessica Lopez, Darice Johnston & Your Stewart DTC Team

Join us for the 1st Annual Stewart Title Success Summit Thursday March 18th…  Make this the year that you reach your peak by revitalizing your business at this ONE DAY career changing EVENT!  13 Classes to choose from including Key Note Speaker & our Chief Economist Ted Jones, PHD!  Space is limited…  To Register go to www.StewartSuccessSummit.com!

Please let us know if you have questions…  We look forward to seeing you at the “Summit”! 

Warmest Regards,

Jessica, Darice & The Stewart DTC Team

Interest Rate Projections for the next month show only a minimal increase…   This should help increase Home Buyer confidence and activity!

Real Estate Inventory for the Denver Metro area is DOWN!  As in retail sales “Scarcity Implies Value”…  According to some statistics Buyers have less to choose from  than in the past 5 years!  Now is a great time for Sellers to LIST and perhaps garner top dollar for their homes!  Below are the latest housing statistics provided by MetroList for December 2009.   If you have questions or would like to order Title please contact Business Development Rep Jessica Lopez at #303-358-3316 or JLopez@Stewart.com!  Thanks!

 

Denver Metro Area Real Estate….  The Info You Need On The New Lender Requirements!

Here’s the info you need on the new HUD1 & RESPA Laws…  We will also keep you posted on the changes in January 2010 with a fantastic 2 CE Class covering everything you need to know!  In the meantime we hope this helps you in your business and please let us know if you need anything!

LIST OF RESTAURANTS & COFFEE SHOPS WITH FREE WI-FI!

Working from home can be difficult for many of us (including Darice and JLO!)…  As Sales Professionals it’s IMPORTANT TO BE WITH PEOPLE and place yourself in an environment to meet potential new clients or business partners!  Working remotely from a restaurant or coffee shop is a great way to meet new people, raise your energy and stay motivated…  Check out the top 10 metro area FREE Wi-Fi Restaurants below or click the link for a complete list of restaurants in your area offering Wi-Fi!

The best Restaurants with FREE Wi-Fi  in the Denver Metro Area according to UrbanSpoon.com!

1. Vesta Dipping Grill
2. Bull & Bush Brewery
3. Mikuni Japanese…
4. Blue Ocean Asian Cafe
5. Blueberry’s Bakery & Cafe
6. Laudisio Ristorante…
7. Cool River Cafe
8. Merle’s
9. Tee & Cakes
10. Encore

For a complete list or to search FREE Wi-Fi Restaurants in your area check out http://www.urbanspoon.com/t/17/14/Denver/Free-Wi-Fi-restaurants!