Loss Mitigation – Lender/Borrower Mediation
Here are the criteria for this process, also know as a "work out”
à past non-payment is a result of an adjusting rate, or a temporary financial hardship is over, so that the owner can begin paying a mortgage again
Owners facing potential foreclosure and who want to keep their home would utilize this strategy.
If you have attempted to communicate or negotiate with your existing lender or lenders, and have been frustrated by extended hold times on the phone, lack of response to your efforts/inquiries, endless transfers, or service reps that you cannot understand ...
We care and we can help!
v divorce v death in family v relocation v or other hardships that render them no longer able to pay a mortgage A short sale is negotiated when the lender(s) agree to accept less than the total amount owed on a property.
All offers will be entertained subject to the current lender’s approval. Have Equity, Need To Sell Quick v needs or wants to walk away v has encountered hardships v has personal reasons v impracticable to list 60-90 days hoping for market value offer
4. Owner needs sale now v wants to close in the next 72 hours v willing to discount property from market value by 25% up to 45% We buy houses! We can have an offer to you in 48 hours and close in as little as 72 hours. Call Now! (303) 703-8075
Short-Sale – The sale of a property for less than what is owed
It's a lot better than 7-years bad credit...
When there is no possible way for an owner to retain their property, our professional recommendation is the short sale solution to avoid foreclosure.
When you authorize us to negotiate a short sale:
v We will make an offer on the property and begin the negotiations process with your lender(s).
v A professional real estate agent is assigned.
v your home is listed on the Multiple Listing Service (MLS) & a For Sale sign is placed on the property within 48-hours.
When the lender(s) agree to a short sale transaction, they are agreeing to accept an amount less than what is owed, sometimes tens of thousands of dollars less. The very nature of the transaction prohibits the borrower to benefit monetarily in any way from this transaction. They have no equity. However, if you have personal property (washer/dryer, refrigerator, range, other miscellaneous property, computers, stereo/video equipment, TVs, etc.), these items can be sold to generate immediate cash if need be as they are typically not included in real estate transactions.
Quick Sale/Wholesale
If the conditions above apply to you, call us.
