American Best Properties, LLC

Information may not be reliable

About American Best Properties, LLC
American Best Properties, LLC is a network of veterans in the industry working on your behalf to save your home. In fact, we will weigh your financials and prove to the mortgage company that you can afford your home and stop the foreclosure process. You do not need good credit for us to get your loan modified with your mortgage company. We are a consulting firm specializing in financial, economic and personal matters and have experienced professionals in our organization who are results driven and who have dealt with property in almost every state. Our network includes reliable bankers, mortgage loan officers, realtors, lawyers, accountants and other professionals with proven track records.

We are dedicated to assisting the homeowner who honestly wants to save their home and financial well being. We have stopped foreclosures with as little as "one" day notice! However, we do not recommend waiting until the last minute as lenders normally require time to evaluate a proposal. In addition to foreclosure, we often assist our customers with financial consulting, suggestions on how to improve management of personal budgets and consultations on other matters which directly effect their financial stability and quality of life.

Selling your home in a "Distressed Market"
Where the market has cooled, owners actually have to work hard at selling their property. So how do you deal with this new reality? The key is realistic pricing. Kwesi Aboagye, a Real Estate Broker in Maryland and member of American Best Properties, LLC and the National Association of Realtors, says the recent hot market was very forgiving when a house was not priced right. A trained 4 year old could put a property on the market and it would sell, he says. Not anymore.

How to set the price
Aboagye recommends listing your home 5% below the competitive market price. If similar houses are priced at $300,000, list yours for $285,000 to generate an extra level of interest. “You may be able to get a stream of people through the door,” he says. "Essentially, you should price the property to stimulate interest right off the bat."
You also need to be ready to respond quickly to changing market conditions. “The market today is not kind to someone who waits too long to lower the selling price,” says Aboagye. He sees buyers walking away from houses selling for $650,000 because the seller won’t come down 1 or 2 percent — an insignificant amount considering the overall transaction. “A drop in price means a great deal when the market turns around,” he says.

"This is a 'short sale' market says Aboagye, meaning sellers, especially those facing foreclosure and are forced to having to sell their homes, sell their property for less than what's owed. In most cases, the deficiency is forgiven. This type of real estate transaction is subject to the lender's approval and often takes months. The lender typically places the foreclosure on hold during this process. Short sales have reached a record high.

If your property is outside of the Washington, DC Metropolitan area, our networking service can assist you in locating an experienced realtor qualified in negotiating and pursuing a short sale on your behalf. Give us a call or E-mail us.

Hours of Operation:
You may call 24 hours a day, 7 days a week. If a mediator is not available, please leave a message .
To get started, click on the "client Information " tab and complete the client information form. Then click on the letter of authorization below, complete it and fax it to:
1-866-769-4010

"After I lost my job, I fell terribly behind on my mortgage. After my consultation with my loss mitigation counselor, I was extremely relieved to discover there many local, state, and federal programs that assist people in trouble. We then got the paperwork together to present my case to my lender, something I could have never done on my own"- Steve - San Diego, CA

"I had a foreclosure date only 10 days out. After filling out the client information form, one of their foreclosure mediation experts contacted me and was able to immediately extend the foreclosure date in order for me to regroup. After all was said and done, my foreclosure mediation counselor was able to arrange a sale helping me avoid a foreclosure and save my credit from the damaging effects of foreclosure. Thank you! - Janet" - Orlando, FL

"I thought my situation was hopeless. I decided to fill out the simple client information form . Within 25 days, my Foreclosure mediation expert was able to bring my mortgage current by getting me a loan modification . I have a brand new beginning and I will be able to afford my payments and stay in my home. Thank you American Best Properties". - Ryan - Dallas, TX