Caroline Simmons

FOR IMMEDIATE RELEASE

February 14, 2013 – What better way to start off Valentine's Day than helping distressed homeowners using a short sale as an alternative to foreclosure? Caroline Simmons just closed a Fairburn Short Sale in Fulton County with Wells Fargo Home Mortgage for a 4 bedroom property located on Blacktop Way in the Vicker's Mill subdivision. Caroline is an Associate Broker/REALTOR and Atlanta Short Sale Specialist under the brokerage Keller Williams Realty Peachtree Road.

The property was originally listed for $99,000 and sold for $94,000 where the investor purchaser paid cash and received no closing cost incentive from the seller or Wells Fargo Home Mortgage in this short sale. The Seller received an approval letter under FHA's Preforeclosure Program with no deficiency language, meaning they do not have to repay the remaining balance of the loan, saving the homeowners over $89,900 or 49% off the original purchase price. The seller also received a cash incentive under the FHA's Preforeclosure Program of $750.

• Lien Holders / Investor: Wells Fargo Home Mortgage / Federal Housing Administration (FHA)
• Mortgage Type: FHA
• Seller Cash Contribution: $0.00
• Deficiency Balance: WAIVED!
• List Price: $99,000.00
• Sales Price: $94,000.00
• Closing Costs: $0.00
• Offers Negotiated: 2
• Days on Market: 2
• Days to Approval: 65
• Days to Close: 13
• Seller Incentive at Closing: $750.00

REALTORS such as Caroline Simmons with the CDPE (Certified Distressed Property Expert) designation have valuable training in short sales that can offer the homeowner much better alternatives to foreclosure, which virtually destroys the credit rating. These experts better understand market conditions and can help sellers through the emotional experience.

"I work with sellers and provide them with someone who understands the stress of the situation in the first person. It is so rewarding to be able to help sellers save their homes from foreclosure," says Caroline Simmons. Although Caroline never encourages a short sale, many homeowners in Fulton and surrounding areas are facing true hardships that force them to attempt a short sale rather than face a foreclosure.

Caroline Simmons has put together a comprehensive Atlanta Short Sale system for distressed homeowners. Caroline and her team are very experienced in the short sale process and have an extensive portfolio of successful short sale closings. If you're considering selling your home, please contact them for a free consultation. They will provide you with an up to date market summary so you know exactly what you home is worth. Once the value is determined they will the help you decide if short sale is right for you or if the traditional selling process better fits your needs. Regardless of the situation, Caroline Simmons and her team work diligently towards assisting homeowners develop a plan to avoid foreclosure.

Contact Caroline Simmons for assistance to those needing to know their options or going through foreclosure at 404.333.8685 or visit http://www.CarolineSimmons.net.

###

FOR IMMEDIATE RELEASE

October 17, 2012 - Caroline Simmons, REALTOR®, Associate Broker, and a top Atlanta Short Sale Specialist under the brokerage Keller Williams Realty Atlanta Classic, has put together a comprehensive Atlanta Short Sale System for sellers.

Caroline Simmons just closed a Short Sale in south Dekalb county with Flagstar for a property located on River Overlook Way in Lithonia, Georgia (30038). Flagstar was the only lienholder with FHA as the investor. The property was originally listed for $65,500 and sold for $50,600 where the investor purchaser paid cash and received no closing cost incentive from the seller or Flagstar in this short sale. The Seller received an approval letter with no deficiency language, meaning they do not have to repay the remaining balance of the loan saving the homeowners over $98,000 or 66% of the original purchase price. The seller also received a cash incentive under the FHA Pre-foreclosure Program of $1,000.

Lien Holders / Investor: Flagstar / U.S. Dept of Housing&Urban; Development (HUD)
Mortgage Type: FHA
Seller Cash Contribution: $0.00
Deficiency Balance: WAIVED!
List Price: $65,500.00
Sales Price: $50,600.00
Closing Costs: $0.00
Offers Negotiated: 1
Days on Market: 42
Days to Approval: 62
Days to Close: 17

“There are more than 4,200 homes in Dekalb County alone that are in danger of foreclosing. It is happening in all price range,” says Simmons. “Even higher-priced, luxury homes are not immune to this real estate crisis. As national job losses have mounted and real estate prices have come down, more distressed properties are surfacing all over Dekalb county.”

REALTORS® such as Caroline Simmons with the CDPE (Certified Distressed Property Expert) designation have valuable training in short sales that can offer the homeowner much better alternatives to foreclosure, which virtually destroys the credit rating. These experts better understand market conditions and can help sellers through the emotional experience.

“I work with sellers and provide them with someone who understands the stress of the situation in the first person. It is so rewarding to be able to help sellers save their homes from foreclosure.”

Contact Caroline Simmons for assistance to those needing to know their options or going through foreclosure at 404.333.8685 or visit http://www.CarolineSimmons.net.

###

Caroline Simmons on Google+

FOR IMMEDIATE RELEASE

Atlanta, GA, September 13, 2012 — Caroline Simmons, a Mortgage Default Advocate and REALTOR with Keller Williams Realty, just closed a Short Sale with Wells Fargo for a property located on Waldrop Place in Decatur, Georgia.

The property, a 3 bedroom, 2 bath condominium located in the Waldrop Park community of Decatur (30034), was listed for $24,900 and sold for $27,000. Wells Fargo was the only lienholder on the property and Caroline Simmons facilitated short sale discussions with the lender and homeowner. An approval was obtained 102 days after the submission of the short sale package and closed 53 days after approval. The purchaser was an investor who paid cash and received no contribution to closing costs from either the seller or Wells Fargo. The seller received a cash incentive under the FHA Pre-foreclosure Program of $1,000 and the deficiency balance was waived by Wells Fargo.

Although Caroline Simmons never encourages an Atlanta Short Sale, many homeowners in Atlanta and surrounding areas are facing true hardships that force them to attempt a Short Sale rather than face Atlanta Foreclosure. “Having my clients know all their options is my objective as a Mortgage Default Advocate,” says Simmons. “There are times that homeowners are able to remain in their properties through a partial claim, forbearance or loan modification. However, today, more often than not homeowners find themselves having to leave their homes and a short sale is their best option.”

Many Atlanta mortgages now exceed the fair market value of the home. Negative equity has become an increasing problem for the nation, but is excessive in Atlanta. With the prices of Atlanta homes decreasing, and the interest rates on previous subprime loans increasing, many Atlanta home sellers have no choice but to negotiate with the bank to accept less on the sale of the property. The seller proves a hardship to the bank which could include divorce, loss of income, health issues and other various situations proving the monthly mortgage payments are impossible for the homeowner to pay. The homeowner hires a real estate professional, such as Caroline Simmons, to sell their home and negotiate the sale with the bank.

Caroline Simmons, is the leader of a top short sale team under the brokerage Keller Williams Realty. Her team has put together a comprehensive Atlanta Short Sale system for Homeowners who are facing Atlanta foreclosure. In addition, Caroline Simmons has created a custom hardship package allowing the homeowner to complete the documents required by the bank to ease the process.

“I work with sellers and provide them with someone who understands the stress of the situation in the first person. It is so rewarding to be able to help sellers save their homes from foreclosure.”

Those needing to know their options or currently going through the foreclosure process can contact Caroline Simmons for assistance at 404.333.8685 or visit http://www.CarolineSimmons.net.

###

Caroline Simmons on Google+