Our staff has been negotiating short sales since 2005, which means we have had more time than other companies to develop our processes and establish contacts within mortgage services. Our combined experience of over 15 years in assisting homeowners in short-selling their properties is what makes us successful. Our success comes from the pride our employees have in their work.
The reason is simple; a short sale often has a better return on investment to the lender than a foreclosure. The average savings a lender sees from a short sale property compared with a foreclosure property is between $15,000 to $25,000 Not only does the lender receive this savings, they are also paid on the loan 6 months earlier than in the foreclosure process. This allows them to collect and cash-out earlier than they would in a foreclosure. Plus, lenders spend a great deal of money with attorneys to complete the foreclosure process. Lenders created the short sale process as a foreclosure alternative for those reasons. The incentives to perform a short sale on a property are in place to motivate the seller to participate.
ASAP, Far to often when we receive a short sale their has been more damage then help due to inexperience on an agents part, EVERY phase of a short sale is as important as the other. Knowing what to do and when to do, Knowing what to say and how to say it and Knowing what to present a lender and how to present it is key by missing steps and by not taking complete control of a short sale transaction can leave you with a foreclosed unsold property and a big waste of an agents time
A short sale is accomplished by negotiation, we present fact backed with a package full of information that the lender must have to make a decision. The content of this package along with the negotiation are crucial when trying to get an approval
depending on the lender most short sale negotiations from the acceptance of an offer to approval take anywhere from 21 to 35 days. However, with our contacts and system, we have been able to speed up that process and get approvals faster.
Before we get started we fill out a referral fee form signed by the designated broker or office manager from each firm. This will ensure you will receive the referral fee.
See option two where we partner up and you still handle the listing and we handle the negotiations and you receive a 50% referral fee.
Negotiating a short sale in most cases is a very difficult process. Too many times has this route been taken and statistics show that the average agent has three to five short sale failures to get one short sale success. What we do is not magic; we have developed a system that works, A system that has proven itself time and time again! We are experts with negotiations and have developed internal relationships and contacts with almost every major lender. We understand the mind of the lender and take control of the transaction; we present risk, and leverage the investor’s guidelines to the transactions advantage.
You should go with the company that is most effective at completing short sales. We have developed a proved 5 step system that works, Time and Time again we have proven our self to so many clients. We are a nationwide service and have relationships with banks from all over. If you want an aggressive team behind your short sale that will not only prove to be affective and professional but determined!