Joshua Jarvis - Short Sale Specialist

Joshua Jarvis, Short Sale Specialist said this earlier, "There's no such thing as a "potential" short sale, in my mind at least. It's either a short sale (or a foreclosure)or not, there's rarely a circumstance where there is anything potential about it, unless your client is financially able to make the payments, lives in the home and lots of cash reserves - even then, it's not a potential short sale, it's still just a short sale. The only "potential" short sales in my book are the leads I haven't called. As in they are "potentially" a Jarvis Team short sale. =). "

Is Your Home Value Under Water In Atlanta

Is Your Home Value Under Water In Atlanta

If you're like most home owners you will wonder what the value of your home is from time to time.  You can see what is going on in the market by being a market insider.

Click Here To See Your Market (FREE)

If you find that you are "under water" and need to do a short sale, then be sure to click this link and have your questions answered by a short sale specialist and request your free short sale package.

New Short Sale Timelines

New Short Sale Timelines
I was working on a resource guide for our buyer's agents and buyers of our short sale alike and wanting to give them some more specifics than just the usual 60 days and get into some bank specifics.  After reviewing our data  from doing Atlanta Short Sales, I was very impressed to see that Timelines have sped up significantly!
I was pretty impressed that Citi Short Sales got even better! Suntrust also made huge improvements!

1. Citi Short Sales - Less than 30 days in most cases.  Our last one was 6 days! 
2. Wells Fargo Short Sales - Less than 30 days if the only loan, 45 days at most (in most cases)
3. Bank of America Short Sales - 45 days or so.
4. Chase Short Sales - 60 Days or Less, they're aggressive but rarely do we see Chase on the home by themself.
5. GMAC Short Sales - 30 Days or less, they are generally very good about approving.  Most of our closings with them have been with them being in 2nd position.
6. Suntrust Short Sales - 60 to 90 days - This is down from our average of 6 months!!! 
7. HSBC Short Sales - Another favorite, under 45 days. 
8. SPS Short Sales (Select Portfolio Servicing) 60 Days or less.  They will actually do the short sale if you're current! 

Notably bad lenders to deal with short sales - Ocwen, AMHI, Aurora and Greentree.

Bank of America Short Sale Page Resource Opens

We're happy to announce that we have just launched our first in a bunch of many more to come, resource pages for short sale sellers. Our first page targets Bank of America short sales and aims to be the "end all be all" for Atlanta Short Sale clients. It's a huge list of information from contact information to timeline expectations. As the premier short sale specialist we cill continue to to create a page in this way one for each and every bank we currently work with. It's important to take note of that this information is specifically for GA Home Owners, and may not be relevant to you and where you call home.

While the Jarvis Team has long been one of the best short sale agents in the county, we really wanted to become "the source" for all the information as it relates to short sales. There's investors, agents and more, that want to take advantage of short sale sellers. A few even run ads on the radio and television. It's important for home owners to educate themselves and we're making an effort not to sell them on us per se but rather educate them so they can make the best decision.