Zac Pasmanick - The Zac Team


Displaying blog entries 1-6 of 6

Short Sales: 7 Ways to Find a Great Deal on Your Next Home

by the zac team at Ponce Realty

Hello neighbors,

With short sales being pretty prominent today in the real estate market, many buyers are cashing in on some great deals. With more and more homeowners finding themselves in the market to sale, short sales are significantly rising and seems to be the way to go. Take a look at a few helpful hints on how you can find a great short sale deal of your own.

Finding a Short Sale Property:

Short sale listings are typically listed by real estate agents and can be found on local sites as well as MLS feeds. In addition, key phrases such as: subject to bank approval, preapproved by bank, and headed for auction are clues that a property may be listed as a short sale.

Choosing a Real Estate Professional:

When choosing an agent, make sure to select someone with short sale experience. Because the short sale process is more tedious, having a real estate professional that is trained and knowledgeable about short sales will prove to be very beneficial.

Assess the Property's Mortgage and Liens:

A knowledgeable agent will be very beneficial in determining how much the property's mortgage is worth. You will need to find out how much has been paid by the current owners and when it was paid. In addition, you will need to determine the amount of liens on the property. Last but not least you will need to find out which lender is the primary lien holder and check out other sales in the area.

Get a Home Inspection:

Because short sales are normally sold as is, it will be very beneficial to have a complete home inspection before signing the dotted line. If you purchase a home through a short sale but later find out about major/expensive repairs then you're not really saving any money.

Write a Complete Offer:

The lender will actually determine whether or not your offer is accepted, not the owner. With that being said, take it upon yourself to write a short sale offer and be sure to include the following: cover letter, signed owner/borrower short sale purchase agreement, seller hardship letter, seller payroll stubs, two years of seller tax returns, market comparables, HUD-1 closing net sheet, repair cost estimate, and pictures of the property.


Like with any deal, always be open to negotiations. If your first written offer is rejected, you will need to come back with an even higher offer. You should be mentally prepared to make higher offers or walk away if the price doesn't agree with your finances.

Patience is a Virtue:

Like the old saying goes, patience is definitely a virtue. Because short sales are in high demand these days, lenders are swamped. Therefore, you will need to be prepared to wait for not just a few weeks but possibly months.

Lots of Home for Your Money @ 5095 Morton Ferry

by the zac team at Ponce Realty

Greetings neighbors,

Take a look at this large and spacious 4 bedroom, 3 bath home in the delightful neighborhood of Morton Plantation.

This home is sure to impress you and your family with interior features such as: a 2-story foyer, entrance foyer, hardwood floors, family room, sun room, ceiling fans, fireplace, and finished basement.

The cook of the family will simply adore the home's renovated kitchen with ample appliances such as: a dishwasher, garbage disposal, gas oven, and microwave. In addition to the appliances, you will appreciate features such as: a breakfast area, stained cabinets, stoned counter tops, pantry, and a view to the family room.

In addition, you are guaranteed to enjoy spacious bedrooms and a master bath with vaulted ceilings, Separate tub/shower, garden tub, and double vanity!

You will also find that this home has a combined living room and dining room providing even more space for family time and fun!

As for you exterior features you will appreciate the home's two car garage, front porch, and professional landscaping.

Your family will also appreciate the amenities of the neighborhood which includes a playground, swimming pool, and tennis court.

If you're looking for a lot of home for your money, look no further, short Sale Potential!

Check out pictures of your potential home here!

Happy Thanksgiving! Home sales in Atlanta rose 3.2 percent in October

by the zac team @ RE/MAX Greater Atlanta

Dear friends and colleagues,
Happy Thanksgiving to everyone and I hope we all take a moment to focus on what we are truly grateful for this holiday season! Yesterday, the Atlanta Journal Constitution reported that Standard & Poor’s Case-Shiller home price index rose for the fourth month in a row, even though the average home prices in Atlanta declined slightly. Home sales in Atlanta did rise 3.2 percent in October, most likely due to the rush to take advantage of the home buyer tax credit. Read more here!

Driving for Thanksgiving? Good news! Gas prices in Atlanta have remained below the national average (at $2.50 a gallon instead of $2.64), so fill up before leaving our home state. Click here for more!

Having troubles with your short sale listings? Let me help you and your seller! I will pay you a referral fee for your short sales. Call me at 404.564.7272.

Short sale flippers. The market seems to have born a new breed of investor - the kind that pays a bank off for a short sale while already having a buyer lined up to pay a higher price - and then pocketing the profit. Read more about how this is playing out in Florida real estate...

Homeowners unwittingly optimistic? A study by Zillow show that 25 percent of homeowners nationwide believed their homes rose in value when, in reality, only 22 percent gained value. In the west, the disparity was greatest, with 28 percent believing value had increased when in reality, only 17 percent had. Read more here!

5 things successful people do every day. From the Trump University, here are five things to do every day to ensure your success. Click here!

Don’t let the winter chill get to you... Real estate is heating up in our office! With our rigorous sales training programs, script practice, and prospecting, our agents are increasing our skill level more than ever before. We invite you to come join us and see how we can help boost your career!

Qualified applicants must be:
1. A licensed Georgia real estate agent (or at least in school to become one)
2. Energetic, motivated, and articulate.
3. Knowledgeable of the Intown market.
4. Willing to strive to be the best at what you do.
5. Trainable and coachable.

If you live inside of 285, give me a call directly at 404.564.7272 or email me your resume to

What are your clients worth to you? $2,500? $37,000? a lifetime value of $126,000 once they refer family and friends to you? Seth Godin explains in his marketing blog. Thanks to our friend in Toronto, Tom Cook, for sending this along!

Fourth quarter productivity. Track your numbers and meet your goals with Mike Ferry’s Fourth Quarter Production Campaign! You can watch weekly motivational videos with updates on the campaign on Check it out!




Do you get in the zone? As Dirk Zeller points out, professional athletes have a "zone" so why not real estate agents? What’s your pre-appointment routine? Read more from the Coaches’ Corner here!

Missouri Realtors convicted in scheme. Robert Wrolstad and his conniving buddy were sentenced to no more than 11 years in prison for their investment bungle. Read more here!

Make ‘em thirsty. The first step towards a closed transaction is getting your client thirsty for your services, or for that house that caught their eye, or at the idea of buying or selling real estate. Here are a few ideas from a sales consultant to create that desire.

Happy holidays and safe travels if you're headed out of town!

404.564.7272 | | |

New improvements to rules regarding second loan modification and short sales

by the zac team @ RE/MAX Greater Atlanta

Good news! The government is now allowing loan modifications on second mortgages, lines of credit, etc., thereby enabling previously ineligible homeowners a second chance to relieve financial stress. These second loan modifications can be done in one of a few ways, such as reducing the interest rate and extending the life of a loan, or by automatically reducing payments on a second loan when the primary loan is modified.

Additional short sale options are also becoming available! Below is an excerpt from an article on Realty Times:

Under the new short sale incentive, lenders can receive a $1,000 payment from the U.S. Treasury for allowing the owner to sell the house for less than the amount owed on the mortgage and for accepting the proceeds as full repayment, rather than treat it as a short sale.

Lenders can also receive $1,000 for accepting a deed-in-lieu transaction, in which the deed is simply transferred to the lender instead of going through a costly foreclosure.

Homeowners who agree to short sales or deed-in-lieu deals can receive up to $1,500 in closing costs. To help stop second mortgages from blocking the deal, the Treasury will pay second lien holders up to $1,000 to relinquish their claims in such transactions.

Read more about the stipulations and details here!

Are or someone you know you facing possible foreclosure? You are not alone! And we can help. Zac is a Certified Distressed Property Expert, which uniquely qualifies him to work with homeowners who are struggling to make their mortgage payments. One option is a short sale, where, due to extenutating circumstances, your bank will let you sell your home in exchange for whatever sale price you can on your property. Our office is currently working with a number of short sales and has the resources to help our neighbors and community avoid foreclosure. For more details, please visit our website!

Avoid foreclosure on your Atlanta or Decatur home!

by the zac team @ RE/MAX Greater Atlanta

This real estate market has caused unbearable stress and heartache.

We can help you avoid foreclosure.

Homeowners who are experiencing financial problems need to act quickly. There may be options other than foreclosure or bankruptcy. Foreclosures negatively impact a homeowner’s credit, future livelihood, and disrupt families and their loved ones.

A short sale may be the answer. As Certified Distressed Property Experts, we can give you the expertise necessary to save your credit, relieve the uncertainty and, most of all, help your family! Zac just returned from Denver where he spent a few days immersed in the world of short sales. In the past few weeks, he has spent 28 hours learning the ins and outs of short sales. You want an expert on your side determined to help you and your family avoid foreclosure!

For more information, please visit

Or email Zac at for a confidential evaluation.

You can also read more about short sales and foreclosure in our blogs here:

1. Click here for: "Foreclosure and bank-owned property vocabulary explained and defined!"

2. Click here for: "Facing foreclosure in Atlanta? Explore the possibility of a short sale, avoiding foreclosure, and potentially saving your credit."

3. Click here for: "What is a short sale in real estate? And how can it help sell a home in Atlanta?"

Hello neighbors,
Are you faced with the possibility of foreclosure? A number of hardships can lead to this situation and our team can help you figure out the best approach for your situation. One possibility that homeowners are not always that familiar with is a short sale. You can read more about short sales here in a blog I posted previously.

If you would like to explore the possibility of a short sale for your property, avoid foreclosure, and potentially save your credit rating, please complete our form here. I or one of my qualified short sale agents will be in touch with helpful information. As always, we will keep your information and your situation completely confidential. As an additional benefit to you, I am also a Certified Real Estate Owned (REO) Specialist and am qualified to help you and your family with short sales and foreclosures. You can also call me anytime at 404.564.7200.

Best regards,

Displaying blog entries 1-6 of 6




Contact Information

Photo of Zac Pasmanick  Real Estate
Zac Pasmanick
RE/MAX Metro Atlanta Cityside
600 Virginia Avenue NE
Atlanta GA 30306
Office: 404-564-7272


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