If you or your client are facing foreclosure and have decided to look into completing a short sale you need to consider the following common scenario that often occurs with homeowners contemplating a short sale

• You or your client have requested a loan modification and have either been denied or the modification process is too slow and you are getting nowhere with it
• The bank has offered you or your client the option of doing a “short sale” usually via letter with instructions on how a short sale works and how to submit a short sale to them.
• You are required to have a realtor to assist you in completing this short sale
• You approach a realtor that you know who agrees to list the property on the MLS and begin the short sale procedure according to the policies outlined by the bank.

Unfortunately, this scenario is all too common and does not result in you achieving the results that you anticipated. And the reason for this is quite simple. If the realtor has no prior experience in completing a short sale then there is a very good likelihood that some or one of the short sale procedures is not going to be adhered to correctly. This will cause the entire file to be rejected and the homeowner will be facing a looming foreclosure filing that they were so desperately trying to avoid. Even if the realtor locates a cash buyer, it is highly unlikely that the cash buyer will wait the 3 to 6 months that is necessary to complete this short sale. The buyer has many other houses that they can buy directly from the bank. If the buyer is not part of your short sale team then the buyer has no obligation to hang around waiting for your negotiations to be complete. If the buyer disappears then the file is closed and a new file needs to begin. This means that every time a buyer disappears a new file is started and a new time clock begins (3 to 6 months). This results in the homeowner running out of time and the bank filing a foreclosure action.

If you are a realtor representing your client we will negotiate the short sale for you and you will still get to keep your entire commission. You simply bring the short sale lead to us and we will take it from there. Why waste your time trying to negotiate your first short sale when we will do all the negotiation for you? You will make the same commission with much less effort and your client will be much happier with a successful short sale being completed. We even have an online system in place where you can monitor you file or your clients’ file and see how the short sale is proceeding by simply logging in to our online system.

And the best part for you and your client is that we do not charge any fees. Most short sale companies charge up front fees. We do not. We will simply purchase the property directly from the bank and resell it for a profit to a cash buyer. That is how we make our money. We believe in full disclosure and the fact that we are buying the property and reselling it for a profit will be disclosed to everyone including the bank.

If you would like to begin a short sale, please complete this form and one of our associates will contact you within 24 hours.

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