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Our Short Sale Processing Service

Below is a partial list of our services:

  • We submit a purchase agreement to the lender as the buyer.
  • Process/Negotiate short sale with bank (Estimated time per deal 20 to 80 hours)
  • Evaluate packages for completeness
  • Deal are posted on our pipeline where Realtors and homeowners are updated on the status of transaction.
  • Submit authorization to bank; follow up multiple times to make sure it is verified
  • Correspond and follow up with assigned negotiator
  • Submit and negotiate multiple offers and counter offers
  • Prepare Settlement statement using expertise and experience to estimate costs
  • Find, analyze, and submit sales comps
  • Request waiver of deficiency
  • Constantly keep track of and postpone auction dates if needed
  • Work with the Realtor in finding an end buyer.
  • Request and receive initial payoffs
  • Constantly follow up with bank via phone, fax, and email
  • Oversee the closing
  • Provide the expertise and experience needed to close the deal
  • Work with Title Company, attorneys, appraisers, realtors.
  • Contact sellers for any last minute documents
  • Prepare paperwork needed for closing

 

 

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