Laura Baron
  • Female
  • Laguna Niguel, CA
  • United States
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Laura Baron's Discussions

SELLERS PROTECTED ASSETS..What can the bank ask for???

Started this discussion. Last reply by Joseph C. Alfe May 19, 2010. 11 Replies

It is my understanding that sellers do not have to divulge their protected assets to the lenders on 401k or other protected assets. I have a lender now that has asked for my clients 401k…Continue

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Latest Activity

Laura Baron updated their profile
Sep 23, 2011
Laura Baron posted a status
"Referrals in Orange, Riverside or San Bernardino counties are appreciated. I am SFR, CDPE & HAFA certified."
Sep 23, 2011
Laura Baron replied to Mike Linkenauger's discussion HAFA now offers $3,000 to buyers! in the group HAFA Short Sale Program
"I am attaching the Short Sale directive from the Treasury for those who want to use it in negotiating this $3000 moving expense for their sellers. Some banks I am working with say the investor does not have to abide by these rules because they are…"
Jul 31, 2010
Laura Baron replied to Colleen Pestana's discussion WF HELOC wants 80% of loan for full release in the group Wells Fargo Short Sales
"Hi Colleen, Just tell them the seller does not have the funds, send in statements etc to prove it if they can. The problem with the online system is... sellers input their protected assets too and the banks are trying to get sellers to take money…"
Jul 28, 2010
Laura Baron replied to Carole Lynch's discussion Has anyone submitted a "Cost to Cure" thru Equator? in the group REOTrans - Equator
"Just upload your bid for Cost to Cure and wait for reply. They may ask for another bid or two so I would have them done all at one time and make sure they are licensed, bonded and carry work comp, contractors for liability purposes & competitive…"
Jun 22, 2010
Laura Baron replied to Becky Flowers's discussion BOF HAFA Short Sale in the group Bank of America Short Sales
"Remind the negotiator/loss mit department that the Seller is under legal contract with you! I would also make sure the listing agreement was for at least 1 year. Clay is correct, 75% of all the current HAFA sellers can not perform even if they do…"
Jun 18, 2010
Laura Baron replied to Debbie Harris's discussion HAFA BOA short sale in the group Bank of America Short Sales
"Here is the Short Sale Directive from the Treasury Department regarding HAFA and other good info. Hope this helps."
May 27, 2010
Laura Baron replied to Steele V. Propp's discussion Education programs/Certifications for short sales. Who do you like best? Who is a waste of time?
"I totally agree!!! Night and Day between Short Sales and REO's. Do you have a minimum number of closed short sales to become a member of the referral network? If not you should, it would create a better reputation and more closings..just a…"
May 26, 2010
Laura Baron replied to Celeste O'Dea's discussion BPO Agents Inflating Values on Shortsales with BOA in the group Bank of America Short Sales
"I completely agree..those BPO's are being done by BPO Mills...automated acceptance software accepts every order that comes in and they have no idea of value, area or comps. They pull comps from 1 mile away regardless of what type of property it…"
May 24, 2010
Laura Baron replied to Mike Linkenauger's discussion Best Lenders to Work Short Sales With!!
"Call and ask to ESCALATE TO SUPERVISOR! It may have been foreclosed already but you won't know unless you speak to Management."
May 24, 2010
Laura Baron replied to Dan Hawkins CRS SFR CSSG CDPE's discussion Anyboby done a HAFA Wachovia Short sale? in the group WACHOVIA Short Sales
"I just added it to my addendum (California) for the seller credit, escrow period and no deficiency. Keep in mind that only qualifies for first loans, primary residence from what I understand. There is an IRS form the seller needs to file with taxes…"
May 24, 2010
Laura Baron replied to Kevin McGuire's discussion BOA (CountryWide) New buyer after we have approval in the group Bank of America Short Sales
"Talk to the negotiator prior to telling them about the previous buyers inability to fund... ask them if you get a higher offer will they consider it without the 30 day review and reassignment of file. They want the money...and should do it but you…"
May 21, 2010
Laura Baron commented on Mike Linkenauger's group Bank of America Short Sales
"I am working on one with GMAC first and BofA second and was asked to load the second/heloc and they are negotiating it thru equator."
May 20, 2010
Laura Baron commented on Mike Linkenauger's group Chase
"Hi Cidialia, Who is the negotiator? I probably have their email address. Chase also has a case manager overseeing the process you can contact them 866-605-9253"
May 20, 2010
Laura Baron left a comment for Andrew Thurber
"I agree"
May 20, 2010

Profile Information

Occupation
Realtor, Negotiator
Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
Aliso Viejo, Dana Point, Laguna Niguel, Laguna Hills, San Clemente, San Juan Capistrano, Ladera Ranch, Mission Viejo, Rancho Santa Margarita, Lake Forest, Trabuco Canyon, Las Flores, Irvine, Huntington Beach, Fountain Valley, Costa Mesa, Newport Beach, Newport Coast, Corona Del Mar, Buena Park, Fullerton, Orange, Tustin, La Habra, Yorba Linda, Brea, Temecula, Murrieta, Carlsbad, Oceanside, Fallbrook, Orange County California, Riverside, San Bernardino, North San Diego counties
Short Sale Designations and/or Special Training
SFR (Short Sales and Foreclosures Resource), CDPE (Certified Distressed Property Expert), Harris University Training (Of Some Kind), Equator Certified
Website
http://www.StarShortSale.com
Short Sale Transactions Completed
25-50
Do you have any experience in Commercial Real Estate? If so, do you have the CCIM or any commercial designations? How many commercial transactions and dollar volume have you CLOSED?
No
About Me/Profile of yourself: - Please add your Brokerage Company name also!
Real Estate Professional with 15+ years of sales, management, marketing, Construction and executive leadership with established high volume firms.

INVESTMENT ACQUISITIONS & MANAGEMENT, MARKETING SPECIALIST, SALES TRAINER, OPERATIONS MANAGEMENT, REO TEAM LEAD

SUMMARY OF QUALIFICATIONS

15+ years successful experience working with 4 large Real Estate firms in Southern California

Skillfully managed and trained newly licensed real estate agents, recruited seasoned agents, developed marketing area specialists, taught contract negotiations and pricing strategies, transaction coordination and marketing strategies.
5 years experience managing front office for large specialty real estate firm, marketing manager, scheduling, referrals, relocations, events, sales and contracts.
Solid experience with internet marketing, software programs specific to office tasks including
Microsoft Office, Excel, Powerpoint, Winforms, Photoshop, MLSoffice, rDesk, Photoshop etc.
Exceptional problem solver, negotiator with attention to detail with excellent communication and interpersonal skills.
Experienced in Construction management, invoicing, bidding, material orders, payroll, contractors license requirements, sub-contracting, building permits and inspections.
Successful acquisition of multi-unit properties, rehabbing and reselling for private investor.

ACHIEVEMENTS
Management
Successfully trained 40+ new real estate agents thru listing, selling and closing transactions
Developed marketing, sales procedures & training manuals for start up real estate office
Reviewed over $780,000,000 in real estate closing contract files for final approval.
Managed $4,800,000+ in construction contracts, bids, invoicing & materials.

Sales/Marketing
Multi-Million Dollar producer as Listing & Buyers agent for the past 15+ years successfullynegotiating contracts thru closing and generating future investor relations & client base.
Marketing Director for 3 high profile real estate offices in Orange County, creating marketingads, campaigns, farming calendars, agent branding and advertising schedules.
Proactively promoted company image, brand & character into large California markets.
Continually refined co-op vendor relations, increasing performance and decreasing cost
with over 60 vendor companies.
Built and maintained construction vendor/contractor relations for rehab projects, referralscontract repairs and bank ordered rehab/repairs.
Created advertising co-op with vendors and agents to decrease marketing costs and increase
market share/exposure doubling farm areas and increasing sales.


Star Real Estate South County
26711 Aliso Creek #200
Aliso Viejo, Ca. 92656
Put in todays date! This is to help stop spammers!
September 23, 2011
PLEASE READ THIS!!! - This site is primarily for Realtors, REAL buyers or sellers with questions are welcome to ask, anyone here for other purposes may be banned. 1. Because this site is primarily for agents agents, Any soliciting is pointless and is not allowed. Please do not sell or promote products or services in any way, directly or indirectly. Do not link or sneak in links promoting your services on comments, posts, discussions or blogs. You may have links on your profile pages to your websites as long as your are not selling things other than real estate! Again, absolutely no outgoing links to your websites, blogs or listings 2. Do not speak disparagingly about members on this site. This community is meant to be helpful, and we are here to help each other. 3. We reserve the right to delete content and/or ban members that violate these rules. 4. Member Name (Full Name Field) format must be FIRST NAME, then LAST NAME! Please no company names, DESIGNATIONS, or website in the name field! Please read the terms of service under the "home" tab! IF YOU AGREE TO THESE TERMS, PLEASE TYPE "I AGREE" IN THE BOX BELOW!! Thanks for your cooperation, and welcome to the Network!
I agree

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At 5:26pm on May 19, 2010, Andrew Thurber said…
Welcome Laura! Looking forward to hearing from you on the guide.
 
 
 

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