America's Home Rescue
07-12-2007, 08:11 PM
Let us know if you want to be notified when the software is released.
It's almost here! The Short Sale Calculator (Image Below) will be released within the month and the waiting list is growing! This software is designed for Windows 2000, XP, Vista, and Mac's. It is the first of its kind on the market and will be used to ensure that real estate agents across America have the necessary tools in place to properly calculate the following figures based on the type of loan being shorted for their Short Sale listings.
The following calculations will be made for FHA, VA, or Conventional Short Sales and are applicable in every state.
1. Estimated List Price for Listing Agreement
2. Estimated List Price for MLS
3. What the 1st lien holder should expect to net based on lender threshold
4. What the 2nd lien holder should net, if applicable, based on lender threshold and amount owed
5. What is the lowest offer that you should entertain based on lender threshold
Bonus Feature!!
6. Estimated Time-To-Foreclosure (ETTF) based on correspondence received by the borrower from the lender and the date it was issued/mailed. (i.e. Notice of Default Letter, Intent to Accelerate Letter, Acceleration Letter, Foreclosure Letter)
Note: Foreclosure laws vary from state-to-state and this bonus feature will be state-specific. America's Home Rescue will be focusing on creating individual calculators for high-foreclosure states throughout America over the next year. States of interest will be Arizona, Nevada, Colorado, Florida, and California. The ETTF feature for Texas has already been developed and is included in the current version. However, all of the numerical calculations of the calculator apply to every state in America!
We have mentored many real estate agents in building their Short Sale business and in developing a commission-generating machine. Currently, one of the biggest complaints from real estate agents across America in doing Short Sales is that they never really know what offers to submit to the bank and or how much they should recommend offering on a Short Sale if they're representing the Buyer. Well, we just made it possible for real estate agents to press the "Easy Button" when it comes to making the calculations necessary to attract and procure a Buyer for their Short Sale listing. America's Home Rescue has tracked and meticulously documented what percentages of the full market value were used by loss mitigation departments when determining what they would or wouldn't accept when reviewing an offer to purchase. These percentages, otherwise known as "lender thresholds", are different depending on the type of loan you're shorting. After working with at least 40 lending institutions, we find that our figures are usually pretty consistent. This is a must-have for every real estate agent in America!
The software will sell online in a downloadable format for $59.
If you're interested in purchasing the software and want us to contact you upon release of the calculator, click on the homepage link in our profile and follow the link to the calculator.
Thank you,
The Team at America's Home Rescue
It's almost here! The Short Sale Calculator (Image Below) will be released within the month and the waiting list is growing! This software is designed for Windows 2000, XP, Vista, and Mac's. It is the first of its kind on the market and will be used to ensure that real estate agents across America have the necessary tools in place to properly calculate the following figures based on the type of loan being shorted for their Short Sale listings.
The following calculations will be made for FHA, VA, or Conventional Short Sales and are applicable in every state.
1. Estimated List Price for Listing Agreement
2. Estimated List Price for MLS
3. What the 1st lien holder should expect to net based on lender threshold
4. What the 2nd lien holder should net, if applicable, based on lender threshold and amount owed
5. What is the lowest offer that you should entertain based on lender threshold
Bonus Feature!!
6. Estimated Time-To-Foreclosure (ETTF) based on correspondence received by the borrower from the lender and the date it was issued/mailed. (i.e. Notice of Default Letter, Intent to Accelerate Letter, Acceleration Letter, Foreclosure Letter)
Note: Foreclosure laws vary from state-to-state and this bonus feature will be state-specific. America's Home Rescue will be focusing on creating individual calculators for high-foreclosure states throughout America over the next year. States of interest will be Arizona, Nevada, Colorado, Florida, and California. The ETTF feature for Texas has already been developed and is included in the current version. However, all of the numerical calculations of the calculator apply to every state in America!
We have mentored many real estate agents in building their Short Sale business and in developing a commission-generating machine. Currently, one of the biggest complaints from real estate agents across America in doing Short Sales is that they never really know what offers to submit to the bank and or how much they should recommend offering on a Short Sale if they're representing the Buyer. Well, we just made it possible for real estate agents to press the "Easy Button" when it comes to making the calculations necessary to attract and procure a Buyer for their Short Sale listing. America's Home Rescue has tracked and meticulously documented what percentages of the full market value were used by loss mitigation departments when determining what they would or wouldn't accept when reviewing an offer to purchase. These percentages, otherwise known as "lender thresholds", are different depending on the type of loan you're shorting. After working with at least 40 lending institutions, we find that our figures are usually pretty consistent. This is a must-have for every real estate agent in America!
The software will sell online in a downloadable format for $59.
If you're interested in purchasing the software and want us to contact you upon release of the calculator, click on the homepage link in our profile and follow the link to the calculator.
Thank you,
The Team at America's Home Rescue