Christian Bohyn is a Mortgage Broker and Real Estate Agent. He moved from Belgium/Europe to Florida in 2002. Ever since his arrival in the US he has been investing in Real Estate. He suffered the same consequences as most investors and lost loads of dollars in equity. He learned to sell homes fast because he wanted to get out quick. That was the start of a new venture: "helping others sell their homes fast and negotiate short sale." Since then, his mortgage company has added mortgage mitigation and processing services. He offers loan modifications, "deed in lieu" negotiations, and everything to help a homeowner face this crisis. While speaking for an audience on the subject of short sales combined with the quick sell technique, someone in the audience said to him, "You take the monkey off people's back." And that's how the name of the marketing company became MonkeySold. By helping people in this market, he is providing a much needed service. Christian knows how to survive and invest without losing your shirt. He deals on a daily basis with bank-owned properties, also known as "REO" or Real Estate Owned properties, a term used by lenders when they have to point out their portfolio of Foreclosed properties. As Christian states, foreclosures, pre-foreclosure short sales, loan modifications, and declining real estate values have struck fear and panic into the hearts of homeowners and consumers alike. But this has also opened up unprecedented opportunities for first-time homebuyers and real estate investors who want to start building wealth. While there are definitely people hurting out there, banks and mortgage lenders are looking to make deals any way they can.
Despite the rough economic times and record foreclosure numbers, there has never been a better time to buy and invest in real estate in greater Orlando, Florida. But this new real estate market has brought new rules, and with it a host of new dangers for those who enter ill-prepared.
With the constantly changing rules for short sales and government incentives for loan modifications, the opportunities out there for investors and even first-time homebuyers are the best we've seen in decades. But you have to know what to look out for, and more importantly, what to ask.
Dabbling in the real estate foreclosure and the short sale market is not for the faint of heart. Such are the lessons that Christian has learned, the hard way, as he saw his investments decline in value and rapidly needed to develop a system to sell homes fast.
While some people are now making a fortune, even in this "down market," Christian learned to stop the bleeding by taking action. He decided to sell his housing portfolio in short sale or give it back to the bank in a "deed in lieu." Using his experience and his MBA background, he advises his clients how to properly evaluate both the potential and the risks involved with a foreclosure property. Together with MonkeySold, a mortgage company, he has developed a specific plan for negotiating short sales, loan modifications and sales agreements that result in win-win transactions for sellers and mortgage lenders - as well as the buyer.
Tapping into a vast network of real estate and business experts, Christian Bohyn also shares a variety of knowledge and resources for those looking to build wealth during these challenging economic times.
Access to MonkeySold's downloads, as well as electronic copies of all the foreclosure, short sale and loan modification forms and letters can be found at the www.monkeysold.com website. |