Short Sale
Short Sales
A Short Sale is defined as ‘convincing your lender to accept less than your mortgage balance as payment in full for your distressed mortgage and property.” Make no mistake! Your mortgage servicer wants to foreclose your property without paying for it!
Lenders are under pressure to liquidate your ‘troubled asset.’ When we make a cash offer on your property, we have a vested interest in negotiating your mortgage deficiency and eliminating any prommisory note or mortgage deficiency.
Convincing your lender that it’s in their best interest to short sale your property takes experience. It also helps that we offer an investor ‘cash price.’ My negotiator has been closing profitable distressed property short sales since 1994.
Our success comes from negotiating a large number of short sales at one time. The REST Report eliminates any need for haggling on the sale price. When submitted as a legal file to your mortgage investor, all mortgage servicer shenanigans are eliminated.
We don’t charge any fee for our services. We make our profit by knowing what your lender break-even point is and negotiating from a strength position. This calculation is referred to as ‘Net Present Value.
Note:
Please call me before you list your property with a Real Estate Agent. There is just no reason to pay an agent to do what we do for free – and we’ll do it in half the time. Call me for details. Realtors sell houses, we negotiate mortgage deficiencies.
This makes our service a win-win-win situation for all concerned. You save your credit, Lease-Option another home for two years, then own it, and start all over.
The first step is a Free consultation using the same software your lender uses to evaluate your property.
Once accepted, we get your short sale application to the front of the line. Since your mortgage servicer is now eliminated from collecting any service or attorney fees, their motivation to settle is paramount.
We get such an irresistible, drop-dead price for your property that buyers line up to buy your property. Add to that the latest FHA waiver of their title-seasoning requirements, and you are in the perfect position to liquidate your distressed mortgage. Negotiated in 60 days or less, depending on your lender. Now is the perfect time to escape this economic downturn and make it temporary. Be in the perfect position to buy another home in as little as two years.
An efficient short sale is the most minimal damage to your credit.
Submit my form on this page and I’ll call you Today.
Absolutely the safest, most reliable way to the front of the line in liquidating your distressed mortgage.
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The internet being what it is, certain search terms need to be empahasized so that you can find
the best information. Obviously this page concerns short sale, short sale rules, and foreclosure
alternatives. But other concerns such as try title, quiet title, and clear title may apply. The
REST Report is best classified as loan modification software or do it yourself loan modification.
But if reduced income is too low, short sale versus foreclosure is the goal. It’s claim to fame
is that you use it to calculate Net Present Value exactly the way the banks do, using their
software. It is the answer for a real estate title search to decide if your mortgage servicer has
the right to foreclose on you at all. This blog is dedicated to independant mortgage advice.
This YouTube video explains the Broken Chain of Title, short sale, cloud on title situation
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