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
- 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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