Blog Feed: Home Closing Process

7: Will My Lender Require a Cash Contribution to Approve My FL Short Sale?

Published on 2012-05-23 17:06:33

This is the 7th tip of “10 Questions You Should Ask About Florida Short Sales” eBook, which is available as a FREE download. FL Short sale lenders sometimes require cash contributions from short sellers in exchange for the lender’s agreement to approve the sale. The amount of cash demanded varies considerably and, as with Promissory [...] > read more

Florida Short Sale Attorney & Wife to Perform in “Love Letters” for Charity

Published on 2012-05-18 14:16:02

Hey there! Just wanted to let you know that my lovely wife Lydia and I will be performing Love Letters (presented by Theatre Conspiracy) on Friday, May 25th at 8pm at The ALLIANCE for the ARTS Foulds Theatre in Fort Myers. This will be our theatrical debut so kindly keep your rotten tomatoes at home. [...] > read more

6: Will My Lender Require a Promissory Note in Exchange for Approving my Florida Short Sale?

Published on 2012-05-09 17:40:14

This is the 6th tip of “10 Questions You Should Ask About Florida Short Sales” eBook, which is available as a FREE download. Lenders occasionally require a new obligation in exchange for approving a Florida short sale. This new obligation is typically in the form of a promissory note. Most promissory notes required after short [...] > read more

5. What Will Happen To My Credit In A Short Sale?

Published on 2012-04-25 18:06:51

This is the 5th tip of “10 Questions You Should Ask About Florida Short Sales” eBook, which is available as a FREE download. If you are considering a short sale, the effect of such an occurrence may not be the most pressing issue. It could be that unemployment, curtailment of income and other market forces [...] > read more

4. How Should I Handle Junior Liens or Second Mortgage Short Sales?

Published on 2012-04-11 18:43:39

This is the 4th tip of “10 Questions You Should Ask About Florida Short Sales” eBook, which is available as a FREE download. It is not uncommon for homeowners and real estate professionals to consider a short sale impossible if there is more than one mortgage involved or junior liens (i.e., liens or judgments that [...] > read more

3: What Should It Cost to Do a Naples Short Sale?

Published on 2012-03-28 18:10:49

This is the 3rd tip of “10 Questions You Should Ask About Florida Short Sales” eBook, which is available as a FREE download. This is a very frequent question, and its analysis is a bit complex because “cost” is such a broad term. Later in the eBook, we will look at Promissory Note requirements, cash [...] > read more

WOW! Moments

Published on 2012-03-25 12:31:12

I am traveling today; and as I slumbered through the morning air travel ritual I was startled awake by the unexpected.  I was sincerely wowed by a couple of things that were just out of the ordinary. If you have ever had the pleasure of flying in or out of Southwest Florida International Airport, you [...] > read more

2: Short Sale Process – What Do I Need To Know About The Note & The Mortgage?

Published on 2012-03-14 19:59:12

This is the 2nd tip of “10 Questions You Should Ask About Florida Short Sales” eBook, which is available as a FREE download. In a nutshell, the lender’s right to pursue you for the deficiency after a short sale stems from your obligation to the lender under the Note. If you remember, when you took [...] > read more

The Southwest Florida Global Real Estate Expo is Tomorrow!

Published on 2012-03-01 14:57:41

Hey there! Just wanted to give you a heads up that the Bonita Springs-Estero Association of Realtors® will be presenting the Southwest Florida Global Real Estate Expo tomorrow (3/2/12) from 9am to 5pm at the Holiday Inn Airport. I’ll actually be a part of the short sale and foreclosure panel from 11 – 12:30 pm, [...] > read more

#1: On a Florida Short Sale, Can The Bank Come After Me?

Published on 2012-02-28 19:35:57

This is the 1st tip of “10 Questions You Should Ask About Florida Short Sales” eBook, which is available as a FREE download. Or, Could I be liable for a deficiency judgment after my short sale? Is the by far the most frequently asked question and for good reason; because in Florida, the most honest [...] > read more

Cape Coral Realtor Asks Winged Foot Title for Help on “The Hardest Short Sale Ever” (Part 2)

Published on 2012-02-14 19:33:14

Fast forward 14 months and YES, “The Hardest Short Sale Ever” had closed!!! That day was a clear reminder of just how proud I am of our team here at Winged Foot Title. As you may imagine, a process this complicated yielded many useful insights which we employ daily in our operations. But as we [...] > read more

Cape Coral Realtor Asks Winged Foot Title for Help on “The Hardest Short Sale Ever” (Part 1)

Published on 2012-01-31 18:00:40

You’ve been there, I’ve been there – WE’VE ALL BEEN THERE! That point in time when you look at all the facts in a transaction and come to question if it will ever close!!! Do throw in the towel? Call for help? If you are like most of us, you probable have invested a lot [...] > read more

Happy New Year to You, Your Family, and Friends!

Published on 2012-01-17 17:55:24

We hope that 2011 has been a good year for you and hope to help you make 2012 even better! There are a lot of things happening in the world of Real Estate that we can’t wait to share with you. Here is a sneak peak of what is to come: How to Conquer the [...] > read more

Bonita Springs/Estero Area Title Company Representative, Marian Rosencrans, Presented with “Star of WCR Award”.

Published on 2012-01-03 16:30:17

Marian Rosencrans, salesperson for the Bonita Springs/Estero Area Title Company, Winged Foot Title, LLC, was honored as a “Star of WCR” at the 2011 Installation Celebration of the Bonita-Estero Chapter of the Women’s Council of REALTORS®. Before a packed house at Wildcat Run Golf & Country Club, Marian was recognized for her “Extraordinary Contributions, Outstanding Performance & [...] > read more

Florida Short Sales – What You Need To Know

Published on 2011-12-20 16:00:01

If you are reading this you are likely considering or have considered a short sale of real property in Florida. Over the last few years, our title company has orchestrated the closing of over 650 short sales. In the course of our work with sellers, realtors and lenders, we have heard many questions related to [...] > read more

Bank of America Short Sale Relocation Assistance Program Extended to December 12th 2011!

Published on 2011-12-06 13:46:20

Not sure if you are on Bank of America’s email list, but if you are not – I wanted to share with you this great news! � Here are some of the Frequently Asked Questions: How can I find out if my client/homeowner qualifies for this relocation assistance? Call a Bank of America short sale specialist [...] > read more

Bonita Springs Area Title Company Volunteers At “Halloween In The Park” in Bonita Springs.

Published on 2011-10-29 22:00:24

Looking for a fun TRICK OR TREATING venue  in Bonita/Estero area this Halloween? Look no further then “Halloween in the Park”, sponsored by the City of Bonita Springs and B.E.A.R. (Bonita Springs Estero Association of REALTORS). Bonita Springs Area Title Company, Winged Foot Title’s, is proud to announce that Marian Rosencrans will be volunteering her [...] > read more

Bonita Springs Realtors: WCR “Veterans of our Industry” Luncheon is November 4, 2011 – Mark Your Calendars!

Published on 2011-10-25 13:19:44

Bonita Springs Realtors, this event is just for you! The Bonita-Estero Women’s Council of REALTORS is holding their business luncheon for November at the Grandezza Community Club House. The luncheon includes 4 speaks considered to be the “Veterans of our Industry”.  I was honored to be included as one of them. Here’s a roster of [...] > read more

2011 ALTA Convention – Day One

Published on 2011-10-12 23:28:51

Well we’ve made it. The girls – my wife Lydia and daughter Emerson – and I left Fort Myers late Tuesday and made it to Jacksonville before packing it in. We started slowly this morning but banked enough time for a quick pit stop in charming Savannah, GA. We hit Savannah about lunch time. Online [...] > read more

Great Expectations Management – Should First-Time Homebuyers Really Be Losing Interest in Short Sales?

Published on 2011-09-28 17:02:06

First of all, I love the HousingWire news feeds.  If you aren’t subscribed to a RSS feed or aren’t keeping tabs via Twitter, you should.  Check out www.housingwire.com. This article was posted at HousingWire on Monday by Kerri Panchuk:  ”Survey Shows First-Time Homebuyers Growing Weary of Short Sales”.  In it, the author cites a recent [...] > read more

Estero, FL: Bank of America Short Sale Approved in 37 Days with Full Deficiency Waiver

Published on 2011-06-22 18:14:00

The possibilities are endless when you choose the short sale specialists at Winged Foot Title to close your Bank of America short sale (or any other short sale for that matter ). The details of this Bank of America Short Sale are remarkable: The orig > read more

Chris Black Quoted in Florida Weekly Cover Story “Double Whammy – After Short Sales And Foreclosures, Banks Are Going After Deficiencies”.

Published on 2011-06-06 08:13:49

When we begin to counsel our clients about the short sale of their homes, one of the questions that we get asked frequently is “Is it possible to sell my home as a short sale and not have a deficiency judgement placed against me?” The ans > read more

Fifth Third Bank Short Sale Approval Helps Seniors Out of Tough Situation

Published on 2011-05-20 14:27:35

When the going gets tough the tough get it closed in 40 days! Sometimes it may feel as though your short sale transaction is a life or death situation. Well, that’s how we were literally feeling in this particular Fifth Third Bank Short Sale. No pr > read more

Winged Foot Title’s Streamlined Short Sale Process Allows for Quick and Easy Closings

Published on 2011-05-04 15:39:47

How do they make it look so easy? The pros at Winged Foot Title have devised a streamlined Short Sale Process. This process is essential to the success at Winged Foot Title. The streamlined short sale process enables closings to occur faster and with > read more

And the Winner of Our Fort Myers Title Company Customer Satisfaction Raffle for February Is…

Published on 2011-04-18 22:03:37

Bill Gillhespy of Century 21 Tri-Power Real estate at 2001 Estero Blvd. Fort Myers Beach, Fl 33931. Bill is the proud recipient of a $50.00 gift certificate to the Road House Café on 15660 San Carlos Blvd. Ste. 280 in Fort Myers. Congratulations to > read more

Saxon Mortgage Short Sale (Investor – Freddie Mac) Saved from the Brink of Foreclosure Sale by Determination and Social Media

Published on 2011-03-28 09:36:15

What lengths would you go to in order to save your bank mortgage short sale from foreclosure? Our team at Winged Foot Title refuses to take “NO” for an answer! After being told that a Saxon Mortgage short sale was a lost cause, Winged Foot Title > read more

GMAC Mortgage uses Equator System to close Cape Coral Short Sale

Published on 2011-03-21 10:20:46

The battle is won! Victory with the Equator System Strategy! GMAC is doing an awesome job implementing the Equator System into their process. This is helping us at Winged Foot Title achieve speedy approvals. Check this out: The original loan amount o > read more

Chase Home Finance Approves Lehigh Acres Short Sale in 22 Business Days!

Published on 2011-03-14 09:15:33

Does this sound to good to be true? Not when you’re dealing with the Lehigh Acres Short Sale experts at Winged Foot Title. Check out the scenario of our latest Lehigh Acres Short Sale success story…. The original loan amount was $142,780 with Cha > read more

Life on MARS – New Rules Regarding Mortgage Relief

Published on 2011-03-07 15:30:46

There has been a substantial amount of buzz in the real estate industry lately about MARS.  No, not the red planet; although the market has been rather other worldly.  MARS is the acronym for “Mortgage Assistance Relief Services”, a set of real > read more

Winged Foot Title Obtains IndyMac Approval on Fannie Mae Short Sale in just 27 Days!

Published on 2011-03-03 21:17:01

When dreams become reality! In less than one month, Winged Foot Title has done it again… Our very own Fannie Mae Short Sale Specialist, Pat Moore, attributes a complete package as the key to this quick approval. Pat said…“this is the fastest tu > read more

Fort Myers Title Company Sponsors “Movie Under the Stars”

Published on 2011-02-06 22:35:17

The Alliance of the Arts in Fort Myers is throwing a party… …and I thought that it would be a great opportunity for you and your family to spend some quality time together so Winged Foot Title (my Fort Myers Title Company in case you hadn’t > read more

Winged Foot Title’s Closing Services Are Top Notch, Client Raves!

Published on 2010-12-01 15:05:38

Winged Foot Title has received an email from a client… …that raves about their closing services! Winged Foot Title wants to make sure that you, the customer, are comfortable and confident in your real estate team. Tailor made services to > read more

Fort Myers Short Sales Can Be Intimidating, Luckily There Are 12 Tips That Can Help You Through Them.

Published on 2010-11-24 14:58:19

So you are probably here because… …you are going through a short sale or are interested in learning more about them. Well, Fort Myers short sales can be a frightening thing when you aren’t entirely sure what’s going on. So you need to > read more

2010 ALTA Conference: Day One – Winged Foot Title Gets a Taste of the Good, The Bad, and The Ugly

Published on 2010-11-21 11:56:19

It’s finally that time of the year…. …the 2010 ALTA Conference! This is Chris Black, reporting live from the events of the conference. You may be wondering what did I learn and how am I going to use all this new knowledge to improve Winged Foot > read more

Step 12: The Haunted Bonita Springs Short Sale. A Truly Frightening Story

Published on 2010-11-17 14:29:28

For your education and entertainment, here is a Winged Foot Title scary but true story… This is the 12th step in our series: “12 Things You Should Know to Survive a Short Sale.” …that you should always keep in mind while dealing with > read more

Your Short Sale Approval in Only 8 Days – How Could This Be?

Published on 2010-11-14 11:41:03

That’s right, Winged Foot Title has gotten a… …short sale approval in only 8 days! The Winged Foot Title team has received an HSBC approval letter in only 8 days. How did this happen?…is probably what you are probably wonderin > read more

Step 11: The Importance of Your Domicile Related to Short Sales

Published on 2010-11-10 14:25:03

To make matters even more confusing for you, on top of all the paperwork and addenda you have to deal with in a short sale… This is the 11th step in our series: “12 Things You Should Know to Survive a Short Sale.” …you must also be mi > read more

Afraid of How a Short Sale Will Affect Your Credit?

Published on 2010-11-07 11:34:31

If you’ve been keeping up with the “12 Things You Should Know to Survive a Short Sale…” Then you’re probably wondering exactly how does a short sale affect your credit? As you probably know, there are numerous things that wi > read more

Step 10: Deficiency Judgments. Clearing Up Your Final Questions.

Published on 2010-11-03 14:20:54

The post short sale party can go on for a while. This is the 10th step in our series: “12 Things You Should Know to Survive a Short Sale.” I’ve asked my good friend and attorney, P. Brandon Perkins, questions about deficiency judgments that he > read more

Step 9: Short Sale Deficiency, Continued – Your Unpaid Judgment Collection

Published on 2010-10-27 12:01:15

My good friend and knowledgeable attorney, Mr. Perkins, continued to answer the question about… This is the 9th step in our series: “12 Things You Should Know to Survive a Short Sale.” …the process by which the lender could enforce th > read more

Step 8: The Lender, The Deficiency Judgment, and You.

Published on 2010-10-20 13:45:29

A lender that agrees to a short sale… This is the 8th step in our series: “12 Things You Should Know to Survive a Short Sale.” …may pursue the sums it is owed in the form of a deficiency judgment. NOTE: The following discussion will b > read more