Wednesday, December 31, 2008

We've helped a lot of homeowners in 3 different states. If we can help you or someone you know, either call us at 720-457-2000 or visit us at http://www.solvedquick.com.

Monday, December 29, 2008

Billboard Marketing



"Don't Let This Be You... STOP Foreclosure!"
We are here to help, here to provide assistance,
here to create win/win situations for people who are in
unfortunate, financial, real estate binds.

Can't sell your home? Behind on payments? Facing foreclosure?
CONTACT US TODAY!

For more information, please check us out online at
www.SolvedQuick.com or call us at 720-457-2000

Friday, December 19, 2008

Channel 2 News Interview




















This past Monday, December 15th we had the awesome privilige of being interviewed by Channel 2 News', Dave Young. Over the course of a couple days, the tv station saw huge value in the service we bring to homeowners in helping them avoid foreclosure and immediately scheduled a time to interview us. We also had the great pleasure of one of our past homeowners who we've helped in the short sale process, join us as well for the interview. Dave asked us great questions and has told us that the interview will air in the next week or so.

We will keep everyone posted on the day and time so you can be sure to catch the live interview.

It's opportunities like these that help in bringing more and more awareness to what we do. Foreclosures are not going away and unfortunately there are still thousands of people that need our help, thousands of people who feel that they don't have options, thousands of people who feel lied to and taken advantage of... it's interviews like these that will get the message out even more and it takes a joint effort to spread the word to help people in need.
It's about contributing to this world, it's about adding value to other people's live, it's about making a difference.

If you or someone you know is in an unfortunate financial bind, unable to keep up with your mortgage payments, please contact us today!!!

720-457-2000
www.SolvedQuick.com

Thursday, December 11, 2008

Foreclosures on the Rise.

Believe or not, as our economy faces one of the biggest real estate downfalls, there is more where that comes from. Unfortunately, in the next 3 or so years, there will be more job loss, more adjustable arms, more decreasing markets which means, more foreclosures.

Below is an article that we passed around the Ideal Homes office this morning:

"Since the housing bubble began to deflate in 2006, roughly 3 million homes have been lost to foreclosure. Over the next two years, another 3.6 million are expected to lose their homes, according to Moody’s Economy.com chief economist Mark Zandi.

And the pace of foreclosures is still climbing. More than 259,000 U.S. homes received at least one foreclosure-related notice in November, up 28 percent from the same month last year.

The impact is being felt unevenly across the country. Foreclosures are clustered in states that saw the biggest expansion in lending and home building...California, Colorado, Georgia, Michigan, New Jersey, Illinois and Ohio have also been hard hit."
http://www.msnbc.msn.com/id/28035238/

It's in times like these that you have to keep your head up. You have to keep your confidence strong and you have to surround yourself with PROBLEM SOLVERS, not problem generators.

That's what Ideal Homes is all about. We're about helping homeowners avoid foreclosure! We've been established with the sole purpose of presenting an alternative to a foreclosure through the short sale process. And we've SUCCESSFULLY been doing so for the past 5 years. We've negotiated millions of dollars of debt and as the market continues to eb and flow, we will rise to the top and we will bridge that gap for so many homeowners!
Don't be another number. Don't let your home be another statistic or another foreclosed property... CALL US TODAY at 720-457-2000

Also, if you are a realtor and you're in the business of listing homes and you've seen a decrease in traditional listings and an increase in short sale listings, do not be discouraged. We are able to offer every realtor huge benefits in this current market by teaming up and creating a win/win for everyone. If you are interested in how we can help turn your business from short sale listings into traditional listings plus KEEPING your listings and making a higher commission, please call us! Or visit our Realtor Website at www.SimplyShortSale.com

Wednesday, November 19, 2008

Stopped Foreclosure with a successful Short Sale

Marge and Jacob walked away with no forelcosure and no deficiency responsibility! They were pretty happy and were kind enough to answer a few questions about their "real life" experience with us and the entire process....

Ideal Homes

www.solvedquick.com

Tuesday, November 18, 2008

Short sale and deficiency judgments

There seems to be alot of misunderstanding about deficiency judgments and 1099's-- and understandably so, the average person doesn't deal with this everyday. What I'm about to post is procedural information and not legal advice, you should consult an attorney for legal advice.

What's a 1099 (we'll get more meaty then this I promise)? A 1099 is an IRS form that reports payment to a taxpayer and the IRS. Much like an employee and the IRS receive a W2 at the end of the year to show how much income that employee received, a 1099 achieves the same thing.

When a debt is forgiven, the IRS says that the amount that is forgiven becomes taxabe. They call is COD or Cancellation of Debt income. Their reasoning is that as long as you owe the money to someone, it's not your money and you shouldn't pay taxes on it, however, the moment that you no longer owe it (the debt is cancelled) it is now income and subject to taxation. Easy enough.

In a short sale (or foreclosure) when their is a portion of debt forgiven, the lender may send the borrower a 1099 showing that amount as income to them. There are ways to get out of this tax burden, one of which is the Mortgage Forgiveness Debt Relief Act of 2007 which most people are aware of. Even if you are an investor and may not qualify for this exemption, you may still be able to prevent a tax liability on a short sale.

A deficiency judgment is very simply a court judgment acknowledging that the borrower did not perform on all or a portion their obligation to pay and that the lender has a right to collect. When you buy a house you sign two documents:
1) A mortgage or deed of trust (same thing essentially-it depends on the state as to which instrument is used)
2) A Promissory note (personal promise to repay)

The signed mortgage gives the lender a right to the house as collateral (so they can foreclose). The signed promissory note gives the lender a personal guarantee and allows the lender to pursue the borrower(s) personally.

There are a few reasons that seem to make a deficiency more unlikely after a short sale then after foreclosure.
One is that this can be a point of negotiation during a short sale. It is possible to get the lender to waive this right while negotiating the short sale, whereas there typically is not much negotiation happening on a foreclosure.
Another reason is that it will require a lender to initiate a lawsuit to get a deficiency judgment (the word judgment implies that it was granted by a judge through a legal proceeding) after a short sale, whereas in some states the lender already has to start a lawsuit to foreclose. This means that getting the deficiency judgment is already half way done with a foreclosure (in these states) and only requires a quick hearing in front of the judge--mouch more likely that they'll opt for the judgment.
A third reason is that through the short sale, the lender can usually easily determine that the borrower is not "collectible" meaning, they are not worth pursuing because the probability of the lender collecting anything is slim.

There are creative ways (beside bankruptcy) to minimize the deficiency judgment if it looks like the lender won't waive that right. Also, it's important to remember that the lender can't do both (issue a 1099 AND pursue a dificiency judgment). It's one or the other.

Wednesday, October 22, 2008

The Truth about Scams...

I have been working with a few people lately (both realtors and homeowners) who have expressed some concerns about companies out there who are fraudulently doing business. They are investors who have been accused of using improper systems and documentation and are believed to have been doing a little bit of "equity skimming". 
Such improper actions have put a bad taste in many people's mouths for this kind of business and rightfully so, but I want to thoroughly clarify what equity skimming is and how we at Ideal Homes stand out from amongst them with integrity, honesty, and experience!

Equity skimming is a type of fraud that consists of the practice of swindling homeowners out of their equity, usually when they are in default on their mortgages or their real estate taxes.

Equity skimming. This involves people who call themselves investors who see a huge pile of equity in a property that is headed toward foreclosure. They approach the owner and tell them that that by selling their residence, it would wipe the slate clean and "the investor" would take over all of the homeowners' property-related debts and obligations. The homeowner complies and loses all their equity in their property. WE DO NOT WORK WITH HOMEOWNERS THAT HAVE EQUITY IN THEIR PROPERTY. IF THEY DO HAVE EQUITY, THEN WE ALWAYS SUGGEST THAT THEY SELL IT THE TRADITIONAL WAY, WHICH IS THROUGH A REAL ESTATE AGENT. WE ARE FULLY AWARE THAT BANKS ONLY WORK WITH US WHEN WE HAVE PROPERTIES THAT HAVE NO EQUITY IN THEM. THAT IS WHY WE ARE SO SUCCESSFUL BECAUSE WE WORK WITH HOMES IN WHICH THERE IS MORE OWED ON IT THAN IT IS ACTUALLY WORTH!!

Equity skimming. This type of scam is when a "buyer" approaches you, offering to get you out of financial trouble by promising to pay off your mortgage or give you a sum of money when the property is sold. WE HAVE NOT AND WILL NOT PAY ANY HOMEOWNER ANY AMOUNT OF MONEY DURING THE SHORT SALE PROCESS… IT IS ILLEGAL ON ALL ACCOUNTS AND WE MAKE SURE THAT THEY ARE AWARE OF THAT!!

Equity skimming. This is when one person takes title to a property subject to an existing mortgage that is in default and is defined as: WE DO NOT TAKE HOUSES “SUBJECT TO”… EVER!!!

Equity skimming. One of two things happens next: Either the borrower stays in the house, paying rent to the perpetrator, or the borrower moves out, and the perpetrator rents the house to another party. In either scenario, the borrower collects rent, but doesn't pay the mortgage (as originally promised). The result: the mortgage defaults, the house goes into foreclosure, and the perpetrator skips off with the cash. WE DO NOT HAVE RENTAL PROPERTIES, WE DO NOT WANT TO BE LANDLORDS, AND WE EVEN SPECIFY FROM THE VERY BEGINNING THAT IF WE CANNOT FIND AN END BUYER, THEN WE DO NOT PURCHASE THE HOME FROM THE LENDER!!!

I hope this helps to clarify how we do business. I hope it brings light to the truth behind the lies and I hope it brings more confidence in those people who need our services. We are here to help, we charge no fees or commissions, and for the homeowners we work with, we even pay ALL closing costs.

If you or someone you know needs help in selling their home, working with a lender, negotiating a short sale, or dismissing a foreclosure please give us a call today!!

720-457-2000

Wednesday, October 15, 2008

Foreclosure Awareness

     As I was reviewing the current foreclosure list last night, I was shocked at the numbers of family's who are literally losing their homes, one by one by one. 
     When I compared the list that I held in my hand's to the list of last week, I began to put more of the pieces together. If there were 516 foreclosure dates set this last week and 564 from the week before and 438 from the week before that... just in three weeks alone, our state has seen over 1500 foreclosures!!    
     On top of that, in 2007 alone, there were 405,000 foreclosures nationwide and 39,607 in Colorado! Those numbers are unbelievable to my mind's understanding. And the even sadder part about that is the fact that those numbers are drastically higher than the previous 3 years. At what point does it end? 
     
     So my question is this: Who Is Helping These People?? Who is showing them where to go? Who is providing them with the answers they need to make the best, quickest decision? Who is helping them now, it today's current market??

     In my opinion, it's Ideal Homes! Ideal Homes has the solutions, Ideal Homes has the answers, Ideal Homes is here to show any and everybody how to dismiss their own foreclosure one step at a time! And the reason I say that is not to toot my own horn but to deliver the truth that I've seen to be very evident especially in these past couple months. 
     When people spend hours upon hours to specialize in one thing, 9 out of 10 times, they are pros at it right?! Well, we at Ideal Homes believe that to be true and have put in the hard work to be as successful as we are. We've talked with lenders, we've worked with los mitigation reps, we've helped hundreds of homeowners, we've kept our experience up to date with the times, and even in this current "down market", we still know how to produce results and we know how to help the right way. We offer RESULTS THAT WORK!! 

**So if you or someone you know is going through a tough time, if they cannot sell their house, if they are behind on payments, if they financially just cannot keep up with their mortgage, then do what you can by taking action now!
CALL TODAY at 720-457-2000. We can Help, We want to Help, but you have to act first. 

Sincerely, 
Julia Gentry 

Wednesday, October 8, 2008

Ideal Homes - Helping the RIGHT Way!

October 8th, 2008... The current time is 2:36pm. 
It's in the middle of my "work day" and my only true wish is to be in front of more homeowners, to talk to more people who need our services, to interact with people who are looking for the RIGHT kind of help in regards to foreclosure. 

After watching the debates last night, I am in awe of how many unanswered questions there are in the minds of so many people and am realizing more and more why nobody trusts anybody. We live in a society that has been out for themselves for quite sometime and are surrounded by a number of  people who are sadly out to make a quick buck while in the mean time, hurting so many individuals along the way. 

Being in the business I'm in, I see these hurt people. I talk with people who are facing foreclosure and they are so scared and unable to trust anyone. Do I blame them? No. They're hurt because they didn't read the fine print, they weren't told the whole truth to begin with, they overdid themselves financially, and now they're at a place where it's hard to trust anybody. Again, do I blame them? No! But do I wish they were able to trust again? Yes, absolutely and that inevitably is my goal. I want them to trust Ideal Homes. I want them to see how we do business the RIGHT way. 

It's my goal not to sugar coat things but to present the truth. I want to help these homeowners and I want them to know their options. I just need them to know our name! I need them to know what we do! I need them to catch on to who we are...

We are IDEAL HOMES. I am Julia Gentry.

Thursday, October 2, 2008

A Live Success Story

Here's a recent live success story from one of the many homeowners that we have been able to help who have been in a foreclosure situation. Obviously, it's never easy to document a hardship that you've experienced to a live audience that doesn't need to know anything about you but they were gracious enough to share their hardship as well as their successes in front of hundreds of people simply to encourage others to do the same. There is an answer. Ideal Homes truly can help!!

Every time I watch this clip, I get chills. I get chills because here we are on the day of closing, the day of success, that everyone has worked so hard to be at and our goal has been accomplished. We at Ideal Homes have successfully negotiated with the bank, the property has been successfully purchased by another homeowner because of Jackie Garcia at Prestige, and our clients, the homeowners who were once so afraid of a negative consequence of a foreclosure, are now able to move on with their life and are able to do it with a smile on their face!

That's what this is all about. That's why we do what we do! And now it's easy to see that when every DOES what they say they're going to do, everybody wins!

Don't wait... if we can help, please call TODAY!!! 720-457-2000

Thursday, September 25, 2008

CALL TODAY!

CALL TODAY!


Are you having trouble keeping up with your mortgage payments?
Are you unable to sell your house? Has it been sitting on the market for far too long?
Are you facing a foreclosure date with no help in sight?

Do you need someone you can trust to tell you the RIGHT options and offer you the RIGHT advice?
Do you need someone with experience and expertise to provide you with the RIGHT answers?

Then you have come to the right place. Ideal Homes. We are a company that specializes in working with homeowners that are unable to make their mortgage payments, can't sell their house for whatever reasons, and/or who is facing a fast approaching foreclosure date.

Though the market has taken a "turn for the worst" according to some people, in my opinion, I think that this market only takes a "turn for the worst" when you don't have the proper solution. We have that solution at Ideal Homes and we feel that with a little education and the right action plan, nothing is to horrible to overcome. That's why we are in business. And that is why we do what we do. With the knowledge and the know how ability, we have been able to help hundreds of homeowners. We have seen families walk away free and clear from their homes without a foreclosure on their record, we have seen many people avoid deficiency judgments and taxation, we have seen homeowners that are able to move on and enjoy the life they live, and we have seen people feel so thankful that they actually picked up the phone and called us despite their worry and concern. We have been apart of wonderful success stories!

So I ask you this, please don't wait to call. Don't wait to ask for help. Don't wait until it's too late. Let us meet you half way to create a win/win for everyone.

The great part about our business is that we don't charge any fees, we don't charge any commissions, there are no obligations whatsoever, and we will even cover your closing costs!!

So call today!. Let us answer your questions and get you going on the right path!!

720-457-2000
www.SolvedQuick.com

Thursday, September 18, 2008

The Proof

The best part about what I do is getting to help homeowners. Don't get me wrong, I hate that these particular homeowners are facing the situations they are but I love that I am apart of a company that provides such a solid, strong answer for so many people. 

Foreclosure is real. It is a real issue, and it can happen to anyone. It brings with it very real emotions; depression, anxiety, loss of control, self-doubt, insecurity, and even embarrassment to name a few. And yet, with all that being said, Ideal Homes is still providing that silver lining for so many people! They are able to start over, able to make a way for themselves, able to have the RIGHT kind of answers for their particular situation.

Since being in business, we have received letters upon letters of people who are so gracious for our services, so thankful that we were able to help in getting their foreclosure dismissed, so glad that they are on to a different season in their lives. 

That's what makes me excited! That's what gets me going each and every day, and that is why we do what we do!
Please see below for just a few success stories:

"In appreciation to Ideal Homes - We were losing our home to foreclosure when our real estate agent referred us to Ideal Homes, LLC. An investment property that was dragging us down and was about to cost us a foreclosure on our personal residence and severe credit damage for years to come. The team at Ideal Homes successfully got our foreclosure sale date postponed and negotiated with both our lenders. Because of this, we will not have a foreclosure on our record! ... Ideal Homes even paid our closing costs!
Thank you again for skillfully taking care of this. We are hugely relieved!!"
-Mark and Cindy T.

Tuesday, September 16, 2008

Here to Help

It's funny to me how you can literally have the answer to so many people's questions and still not be able to get the word out fast enough and direct enough. 
It's funny to me that you can have the very key that is able to unlock many doors and still not have the attention of those who need the key most.

That is where we are at as a company. We are Ideal Homes. We help people who are in pre-foreclosure, struggling to make ends meet in order to make their monthly mortgage payments. We have a direct vision, a specific goal, and the answer to many people's problems and yet, we have no where near the amount of people who need know about us. We have a wonderful team of very successful investors who are waiting to help out, waiting to lend an ear, waiting to provide FREE assistance. 
So the question has become, "Why?" Why don't people cry for help when they need it? Why don't people ask for assistance when there are people who are ready to give of their experience?
Where do people go when they're in a financial crisis? Where do they turn to when they cannot make ends meet? Who do they ask help from? What source do they direct their attention to?

I ask these questions simply because WE FILL THAT NEED. We are able to answer those questions, to meet those needs, to help homeowners who are facing foreclosure. 
So my goal in blogging is to write about who we are. To get the word out there for hundreds of thousands of people across Colorado to know that there is an answer to foreclosure. There is a way out. 
Ideal Homes is that source, Ideal Homes has those answers, Ideal Homes is here specifically to meet each of those needs within a mortgage crisis.

Please call us if we can help. Please refer us to those you know who need our help. Please don't wait, please don't overcomplicate the answer... CALL TODAY! 

720-457-2000