Attractive Price Reduction on this Madison Ranch Home

Price just reduced from $198,900 to $189,000! That's a great price per square foot for this wonderful neighborhood.

Be the new owner of this large 4 bedroom Eastside ranch. Master bath and walk-out basement with a raised deck overlooking the back yard. All offers subject to lenders approval of Short Sale.

Half of Homeowners Underwater on their Mortgage

50% of Homes with Mortgages now Underwater


I came across the video below and was shocked to hear that nearly 50% (half) of the nations homeowners are effectively underwater. In times like these, it's important to know that there is help available. If you are a home owner that is struggling to make mortgage payments, I would first suggest that you talk with your bank. They may be able to offer you a few different options. They can sometimes lower your interest rate, offer you a forbearance, or even roll your past due amounts into the mortgage principal.

In the event that you need to sell your home due to your financial situation, I would be happy to discuss if a short sale might work for you. This is a process in which we work with your bank to sell your home for less than you owe on the mortgage. Does your home qualify for a short sale? Fill out our Short Sale Home Evaluation Form to find out.

Is a Short Sale right for my home?

You've read about short sales online or maybe you have heard about them on TV. Now you are wondering if this could be a good option for your Wisconsin house. In simple terms, a short sale is a process in which your bank agrees to accept a sale amount on your home that is lower than what you currently owe. There are many reasons why you might consider an option like this.

• Your home is 'underwater'. You currently owe more on your home than what you could sell your home for on the market.
• You have recently experienced a financial hardship. These hardships can include losing a job, under-employment, recent medical expenses, divorce, or a death in the family.
• You are falling behind on your mortgage payments or may soon have to. Your monthly expenses exceed the amount of money you are bringing home.

Whatever the reason you may have to be considering a short sale on your Wisconsin home, we would be happy to help you evaluate your particular situation. Rock Realty has helped many Wisconsin homeowners work with their bank to come up with a resolution. Feel free to fill out our no obligation online form for further assistance.

Short Sale Home Evaluation

Additional Short Sale Information

• What is a short sale?
• Is a Short Sale right for my home?
• Half of Homeowners Underwater on their Mortgage
• Buying a Wisconsin home after a Short Sale or Foreclosure
• Benefits of Buying an Owner-Occupied Wisconsin Short Sale
• Tips for Buying a Wisconsin Short Sale

Open House in Deerfield Wisconsin 10/23/11 - Short Sale

Wisconsin Short Sales
Madison Wisconsin Short Sale Realtor®
Janesville Wisconsin Short Sale Realtor®
Beloit Wisconsin Short Sale Realtor®


Come out this Sunday before the Packer game to this Deerfield Wisconsin Open House! Drop by between 11 A.M. - 1 P.M. and see all that this short sale property has to offer.

	101 E Deerfield St Deerfield, WI 53531 Deerfield WI Short Sale
Home Photo Gallery Virtual Tour Property Map Payment Info Request Showing Michael Collins Office: 877-774-7625 Mobile: 608-921-8536 Website: Visit Website	Price : $149,000 Bedrooms : 3 Bathrooms : 1.5 Square Foot : 1,560 Lot Size : 10,480 County : Dane Property Type : Detached MLS Number : 1637344 click for more information and pictures Property Description Beautifully maintained home with many updates. Wood burning fireplace with stone mantle and newer insert. Wood deck overlooking property. Walk-out basement. Truly a must see. Short Sale. Offers subject to bank approval of short sale.
Equal Housing Opportunity.	Rock Realty : PO Box 1361 - Janesville WI 53547 : 877-774-7625

If you are looking to purchase or sell a home in Rock, Dane or any of the surrounding counties in Wisconsin, please give me a call.
We are based in Janesville, but service Madison and most surrounding WI cities.
Michael Collins, SFR - Short Sale & Foreclosure Resource(Broker, Realtor, Real Estate Agent)
c: 608.921.8536 f: 877.774.7625
Mike@RockRealtyWI.com
Rock Realty
WI Short Sales & ForeclosuresPO Box 1361Janesville, WI 53547
Follow us on Twitter: RockRealty 

Benefits of Buying an Owner-Occupied WI Short Sale

There are often overlooked benefits to buying an owner occupied Wisconsin Short Sale home. It’s amazing just how much of a difference having someone living in a property can make. Here are some of the upsides that I have noticed in a Wisconsin owner occupied short sale home versus a vacant Foreclosure:

-  It feels like a home. When someone is living in a short sale home, there is furniture and pictures on the wall. It has already been somewhat ‘staged’ for showings. This helps potential home buyers get a feel for what an office or kids bedroom would look like if they purchased the home.

- The grass is mowed. This helps with weed and rodent reduction. It also keeps the neighbors happy.

- The air conditioning remains on. I have come across some foul smells in vacant foreclosure homes. When a property sits sealed up for too long, there is almost always a stale smell that results.

- The heat remains on in the winter. This helps to prevent plumbing from freezing and the resulting water leaks.

- The electricity remains on. In Wisconsin, this is important for basements. When sump pumps don’t have electricity, flooding often occurs. This can result in a very costly fix. It also means that the refrigerator is cooling and dishwasher is being used. This can prevent mildew growth.

- The water is being used. Many Wisconsin homes require a water softener due to hard water. With the water being used, the softener is allowed to work. This will prevent sediment build-up which can ruin a water heater and clog up pipes.

- Property Condition Report. When a bank lists a foreclosure property, they do not have to provide a Property Condition Report. Wisconsin doesn’t require a report if the current owner has not lived in the property. In a Wisconsin Short Sale, the owner is legally required to inform potential buyers of any defects they are aware of.

Additional Short Sale Information

• What is a short sale?
• Is a Short Sale right for my home?
• Half of Homeowners Underwater on their Mortgage
• Buying a Wisconsin home after a Short Sale or Foreclosure
• Benefits of Buying an Owner-Occupied Wisconsin Short Sale
• Tips for Buying a Wisconsin Short Sale

Short Sale Your Home, Get Paid $30,000!

Wisconsin Short Sales
Madison Wisconsin Short Sale Realtor®
Janesville Wisconsin Short Sale Realtor®
Beloit Wisconsin Short Sale Realtor®

Is your home currently underwater? Do you owe more than it's now worth? Here are some more reasons to work with Rock Realty if you are thinking of a short sale on your Wisconsin home.





Important Notice:


Attention ALL Underwater Home Owners: Short Sale your home, get paid up to $30,000!


When you list your home with a Harris Real Estate University accredited agent you may qualify for one of these programs.


These programs are designed to make your decision to short sale your home easier. Your lender wants to avoid a foreclosure as much as you do. Your next step is to hire a Harris Real Estate University accredited agent.


Here are a few of the programs currently being offered:


HAFA: In this program, qualified households who participate in this program (which has both short sale and deed-in-lieu of foreclosure options) receive $3000 at closing. (Fannie Mae and Freddie Mac also participate in HAFA, but the incentives vary.)


Bank of America Cooperative Program: In this program, qualified households that participate in this short sale program will receive $2500 at closing.


TAP: In this program, qualified California households that participate in a short sale or deed-in-lieu of foreclosure will receive up to $5000 at closing.


Wachovia: Wachovia Bank frequently sends borrowers letters asking them to participate in a short sale and offering an incentive in the letter. Sellers should read their mail and save the letter so that they can redeem the incentive at closing (usually between three and five thousand dollars).


Litton: Litton Loan Servicing frequently sends borrowers letters asking them to participate in a short sale and offering an incentive in the letter. Sellers should read their mail and save the letter so that they can redeem the incentive at closing (usually between three and five thousand dollars).


Chase Bank: Chase Bank is now sending certain borrowers letters offering them the option of participating in a short sale for a significant incentive (between 20,000 and 30,000 dollars).


Original HREU Blog Post
Short Sale Your Home, Get Paid $30,000!

WI Foreclosure|What is a short sale?

Wisconsin Short Sales
Madison Wisconsin Short Sale Realtor®
Janesville Wisconsin Short Sale Realtor®
Beloit Wisconsin Short Sale Realtor®

WORRIED ABOUT FORECLOSURE?

We want you to realize that your situation is not hopeless, regardless of what you might be thinking or may have been told by others. Your lender is not looking for an excuse to foreclose. The truth is most lenders would rather have you keep your home and keep making payments each month. You are not alone. Thousands of people across Wisconsin have similar issues with their mortgages every year.

The most important key to resolving your situation is being proactive. Even if your mortgage payments are just a few months behind, your lender has probably already started foreclosure proceedings against you. Doing nothing is the fast track to foreclosure. Thousands of dollars in penalties and legal fees may be added to your balance due. The longer you wait, the harder it is for us keep foreclosure off of your records.


WHAT IS A SHORT SALE?

You may have heard of a transaction called a short sale. This is just one tool that Rock Realty uses to help WI home owners keep foreclosure off of their credit. With a short sale, sellers avoid having to go through a lengthy foreclosure process and prevent the impact of a foreclosure on their credit score.

A short sale occurs when a lender agrees to take less than the amount owed to payoff a loan as an alternative to foreclosure. Lenders know that it will cost them a significant amount of money to take a property back. The real estate agents at Rock Realty can often convince them that they will be better off financially if they sell the property now rather than taking the home through foreclosure and trying to sell it later. So, a short sale can actually be good for them.

WE CAN HELP!

Our first priority is to help homeowners overcome the obstacles that could result in the loss of their home. We specialize in helping homeowners who have fallen behind on their mortgage payments. We've helped people in Dane County & Rock County, from Beloit to Janesville and north of Madison. You deserve a fresh start. If you are facing the possibility of foreclosure and you live in South-Central Wisconsin, we can help you.

Click here for a Free Home Evaluation

Or call a Realtor at 608-921-8536

Real Estate Agent in the Madison-Janesville WI area

Are you looking for a real estate agent or realtor in the Madison or Janesville Wisconsin area? Have you been thinking about purchasing a discounted home in this great buyers market?!

For anyone looking to purchase property in Dane or Rock County, I would be happy to assist you. My name is Michael Collins and I am a SFR certified Realtor and broker. The SFR certification stands for Short Sale & Foreclosure Resource. Although I'm based out of Janesville Wisconsin, I also service the Madison WI area as well as Beloit. I have buyers agent experience which includes assisting home buyers purchase Short Sale & REO properties at a great price and I'm committed to doing what's best for my clients!

Feel free to call me at 608-921-8536 or visit our website www.RockRealtyWI.com

Ask me about our 1% credit at closing for buyers. That could mean $2,000 on a $200k home purchase!

Regards,
Michael Collins - SFR - Short Sale & Foreclosure Resource
(Broker, Realtor, Real Estate Agent)

Rock Realty
Rock Solid Real Estate Strategies
PO Box 2444
Janesville, WI 53547-2444
c: 608.921.8536
f: 877.774.7625
Mike@RockRealtyWI.com
http://www.rockrealtywi.com/

Follow us:
www.twitter.com/RockRealty
www.facebook.com/RockRealtyMike

Michael Collins Completes Short Sales & Foreclosures Course - Receives SFR Designation

Wisconsin Short Sales
Madison Wisconsin Short Sale Realtor®
Janesville Wisconsin Short Sale Realtor®
Beloit Wisconsin Short Sale Realtor®

Michael Collins has just returned from Madison, WI where he completed a highly specialized course in Short Sales and Foreclosures conducted by the Council of Residential Specialists of the NATIONAL ASSOCIATION OF REALTORS®.

FOR IMMEDIATE RELEASE

PRLog (Press Release) – May 06, 2011 – Michael Collins - Broker
(608)921-8536
Mike@RockRealtyWI.com
www.RockRealtyWI.com

MICHAEL COLLINS COMPLETES SHORT SALES & FORECLOSURES COURSE

(Janesville, WI) --- (6/10/2010) --- Michael Collins has just returned from Madison, WI where he completed a highly specialized course in Short Sales and Foreclosures conducted by the Council of Residential Specialists of the NATIONAL ASSOCIATION OF REALTORS®.

This course is one in a series of professional education sequences required to qualify
for the coveted Short Sale & Foreclosure Resource (SFR) designation. The Short Sale and Foreclosure process was presented from the standpoint of the real estate professional working with Buyers and Sellers. The one-day course addressed the challenges of working with Short Sales, introduced essential tools to assist Sellers through the Short Sale process and provided counseling strategies for working with Buyers and Sellers of distressed properties - all intended to ensure the professionalism of residential sales associates in handling these types of sales.

"There are many approaches for assisting clients through the difficult and emotional
transition of the Short Sale and Foreclosure process,” said Collins, "and I have
already begun to apply the strategies covered during this course in my work at Rock Realty.

The Council of Residential Specialists Courses are presented throughout the U.S. in
affiliation with the NATIONAL ASSOCIATION OF REALTORS®, as part of its on-going
program of promoting the professionalism of the residential sales associate.

# # #


Rock Realty is a brokerage that specializes in short sale and foreclosure properties. Our broker, Michael Collins is SFR (Short Sale & Foreclosure Resource) certified. We would be happy to help you buy or sell a home in Southern Wisconsin!

Wisconsin Foreclosure Options - What should I do now?

What are my options to foreclosure in Wisconsin?

1. Make the payments:

Your best option of course is to bring your mortgage current by paying back payments

(arrears) due and any interest or fees assessed.

• If you are only behind a payment or two, talk to your lender. They will help you set up

a payment plan to get caught up, save your home and save your credit.

2. Sell your home:

If you have suffered a life altering occurrence (job loss, injury, divorce, death of spouse,

etc) and cannot make payments, list your home with a local Realtor® and try to sell it.

• Rock Realty has licensed Realtors® on our staff that will take care of all of the details.

Call us at (877)774-ROCK for a FREE property evaluation.

• It is important that you make this call early in your foreclosure process.

3. Work with Rock Realty: OUR SERVICES ARE FREE!

Rock Realty will negotiate with your bank to convince them to accept a lower amount

then what is owed. This is called a Short Sale.

If you owe more than the house is worth, and/or have a second or third mortgage, you

want to prevent foreclosure and get a fresh start, a short sale may be your best option.

It does require you to vacate the home, but it will prevent further credit damage, stop

foreclosure and allow you to move forward with your life.

Call us today for a free consultation.

TAKE ACTION NOW!!

THE WORST THING YOU CAN DO IS NOTHING.

OUR SERVICES ARE FREE, CALL US TODAY FOR A

FREE NO OBLIGATION CONSULTATION

(877)774-ROCK (7625)

http://www.RockRealtyWI.com

Late Mortgage Payments? Act Sooner than Later

When the economic environment puts a strain on your ability to pay your mortgage it is important to act sooner than later. Even if you have not missed any payments it is not too soon to take action. There are many resources to help struggling homeowners avoid losing their home to foreclosure.

First, collect all your bills from everyone you owe money to. Total all your expenses per month and compare it to your total income each month. If you can foresee any difficulty now or in the near future making your payments it is time to take immediate action. Gathering this information will also help you be more prepared when speaking with the lender.

Contact your lender(s) and explain your situation to find out if they can work with you. The $275 billion Homeowners Affordability and Stability Plan that just passed should make it easier for banks to refinance or modify your mortgage. Low-cost refinancing will help with mortgages that are more than 80 percent of the current home value. Loan modification under the Homeowners Stability Initiative will assist owners with a total debt that is 55% of their total income. More information about the Stability Plan program is found at this website:

www.financialstability.gov/

If you do not feel comfortable speaking with your lender you can contact a reputable mortgage counselor. Visit www.hud.gov or call 1-800-569-4287 for a list of HUD approved housing counselors. These agencies may also have credit counseling available. These services are usually free.

Selling your house may be the only option that works for your situation. If you have enough equity you may be able to sell your home and pay off the mortgage. If not then you may have to ask the bank to take less than what is owed in a short sale. At this stage please contact Rock Realty at 1-877-774-ROCK(7625).

Don't wait to be behind many payments to take action. If you can anticipate difficulty with paying your mortgage now or in the near future there are steps you can take to help avoid foreclosure. Calculate your financial situation to find your ability to pay your mortgage. Contact the bank for any programs they may have for making your payments more affordable. You can speak with a housing counselor for assistance in helping straighten out your finances. If all your other options no longer work contact Rock Realty to help you plan a short sale. The longer you wait the fewer options you may have.