Join Real Estate Marketing This Week as we discuss the world of Real Estate and Mortgage Marketing. We shot this video of our Radio Show as an example of how you can use one piece of content in many different ways.
If You Don’t See The Video, Click Here => Real Estate Marketing Video
Michael: Welcome to the Velocity of Money this Michael J Barnes and you are listening to KFNX 1100 AM Arizona’s News Talk Leader. What a beautiful Wednesday afternoon in Phoenix Arizona. I don’t know what the temperature is in downtown Phoenix but Wayne has the studio nice and comfortable, it is 65 degrees I am being told, I am in a room here today videotaping for a special video tape that Jeanne Lunn has put together, in studio today we have three beautiful women to help out today we have Kalyn Roberts, welcome to the program
Kalyn: Thank you Michael we are very excited to be here.
Michael: and Jeri league
Jeri: thank you Michael, looking forward to it
Michael: Jeri and Kalyn are short sale experts and have graciously decided to come to the program to discuss some of the short sale important things that people do need to know, and we also have Jeanne Lunn in the studio today she is taking care of the video tape.
So three beautiful women all PSI graduates, and we are going to get to all of this short sale information but a couple of things important to mortgage interest rates, today is a fantastic day in the mortgage rate world, Leslie and Staci at Velocity Financial were kind enough to put together a scenario for us so listen to this folks, this is not the teaser, this is not the loss leader this is the real deal as of today a $417,000 loan amount the interest rate is 4.875% , that’s 4.875% that is below 5% obviously the APR is 4.948% and that is for a no cash out loan but those rates and that is a special rate and we have a certain allotment of loans that we are allowed to do at that special rate.
If you are interested in talking to a member of my staff or myself or anyone else about that program you would call 480-835-6248 that is 480-835-6248 or 480-Velocity there are people there standing by to take your phone call we are a local licensed firm and one of the only 15% of the mortgage companies in the state of Arizona that is licensed to do FHA loans as well.
Any mortgage related needs that you have we are here to help but for the next hour we are going to be talking about Short Sales, now over the last several months we have been talking about loan modifications on the show a lot, Velocity Financial was one of the first companies to work with a national network of attorneys, a 16 year old firm that we are working with they have done thousands of these loan modifications and the loan modification industry in Arizona is for the most part unregulated but you want to make sure you are working with a licensed firm, and you want to make sure you are utilizing an attorney.
You do not want to be giving money to anybody that says they can get you a loan modification, the only money you give is to an attorney don’t be giving money to people who come by and say they can help you out. You are going to have to be very careful on how you handle that, but interestingly enough the loan modification is for the mortgage side so essentially the loan modification is to the loan officer what a short sale would be to a realtor.
Now the short sale part of real estate is not something you want to trust to somebody starting out doing short sales unless they are being supervised by a pro, you do not want to mess around with it. This is not a time to be trying it out, this is not a time for people to be using you as their guinea pig not a good idea at all.
That is why we brought Jeri and Kalyn in and we are going to talk about some of the specifics. You definitely want to make sure that if you need to do a loan modification if you are facing foreclosure or you want to do a short sale, whatever scenario is the better decision for you and your family you have got to work with a professional Jeri and Kalyn have extensive experience, they have an unbelievably great success rate it doesn’t have to take six months to get this done they can execute this thing for you and they are the pros so we are going to go through some questions over the next hour there is just one more thing I want to talk about and that is if a loan modification is something you think you need call the office at 480-Velocity, that is 480-835-6248 and we have put together a video for you that you can watch it is very short, it explains the process and we will then get together with you and answer any questions that you have.