Our Short Sale Transaction Coordinators assist real estate professionals and homeowners with processing the short sale transaction from start to finish. Tasks include but are not limited to gathering all short sale package documents and signatures, reviewing each document for accuracy and completeness, tracking all contingencies on the closing timeline, and working as the liaison between lenders, Title, and attorneys to maintain a consistent and reliable mode of communication throughout the transaction.

A real estate short sale is when your mortgage lender agrees to take less than what is currently owed on the unpaid balance. A property that sells for less than the balance that is owed on the mortgage.  A short sale can provide mutual benefits for both the homeowner and the bank because it helps both parties avoid foreclosure.

All fees, liens, judgements, commissions, repairs to the property, and any and all costs associated with the property are paid by the lender. There are no costs paid by the homeowner, including our processing fee.

Short sale processing is a very specialized process that isn’t even widely known in the real estate industry. There is no advantage to the homeowner to try to process their own short sale. Since there is no fee to you, having an experienced short sale coordinator working for you ensures the process is done quickly and correctly. There is no room for errors with short sales. The end goal is to avoid foreclosure and there is not unlimited time.

No. A short sale is a very complicated real estate transaction and one that has very important implications for you. More than any other type of residential real estate transaction, a short sale should be handled only by a short sale processor who has substantial experience with the short sale process , and a strong track-record of success in negotiating short sales for their clients. 

Whether you should do a short sale or let your property go to foreclosure depends on several factors. In most instances, a short sale makes more sense than foreclosure. In general, when you want to obtain a loan to purchase a property in the future, more opportunities will be available to you if you do a short sale. 

If you owe more than your house is worth and can’t afford your mortgage payments, you may qualify for a short sale. 

The short sale process is complicated and time-consuming. It can take several weeks, or even months, to get a short sale approved. Many lenders have several layers of management, insurers, and investors that will have to be satisfied before a short sale is approved. As a homeowner, it is important to be patient during this long process. It is also critical that you work with a short sale negotiator who is familiar with the various requirements of individual lenders to ensure that the process moves as quickly as possible.

Whether you are a homeowner facing foreclosure or a real estate agent or investor who needs a short sale processed our start up process is simple. Simply fill out the form via the orange Get Started button and we will reach out directly with the next steps.