Posted by: floridalossmitigation | September 28, 2010
Realtors! Are you ready to battle for your Short Sales?
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Realtors! We wanted to ask you a few questions. We obviously deal with many different lenders and banks with our short sale negotiations, but after reading the blog article published by the staff with Agent Genius (referenced below) we want your feedback on how you intend to battle your “Short Sales” from now on. Is your Lender about to dump on your short sale? Are you prepared to battle? Or are you just over it!
Even as Loss Mitigation Specialists, we have definitely had our share of everyday challenges with Bank of America with their short sale process and the Equator system. We continue to battle the system at times, but have experienced some definite improvements and customer service when we need it. We could go on for days about each lender and their processes, but the news in this article does come as a surprise. Due to the fact that we have had great success with Wells Fargo in the past. Currently we do not have any current and active short sales with Wells Fargo, but are definitely prepared with this news. So as the article asks, “How long until the other banks who process short sales smoothly, will turn to these guidelines and derail our short sales?”
Once you have read the article referenced, you may be asking yourself a few questions, as a realtor with many short sale listings? Such as, “Will I ever get another extension?” “Who really is the delay in the process?” “Why such strict time frames to close?” “Is there any compassion left for distressed homeowners or the buyers involved?” Overall, we (Realtors and Negotiators) may have to look at the situation of a short sale a little differently from now on. With time frames and deadlines tighter, and your business growing, as a realtor now may be the time to enlist the services of a Loss Mitigation Company to assist you. When deals are hinged on the slightest details, missing a deadline is critical and can be messy to discuss with your client. Take those details and deadlines and have a partner on your side looking out for you and your client; the seller or the buyer. Think of us as your Short Sale Assistant! We do the work and best of all, we get paid at closing, not before! Hard to find an assistant willing to work like that!
If we have peaked your curiosity, all it takes is a few minutes over the phone… call us and we can discuss your needs as a realtor.
Blog Entry Copyright 2010 Florida Loss Mitigation, LLC
Florida Loss Mitigation, LLC 
Image via Wikipedia
Realtors! We wanted to ask you a few questions. We obviously deal with many different lenders and banks with our short sale negotiations, but after reading the blog article published by the staff with Agent Genius (referenced below) we want your feedback on how you intend to battle your “Short Sales” from now on. Is your Lender about to dump on your short sale? Are you prepared to battle? Or are you just over it!
Even as Loss Mitigation Specialists, we have definitely had our share of everyday challenges with Bank of America with their short sale process and the Equator system. We continue to battle the system at times, but have experienced some definite improvements and customer service when we need it. We could go on for days about each lender and their processes, but the news in this article does come as a surprise. Due to the fact that we have had great success with Wells Fargo in the past. Currently we do not have any current and active short sales with Wells Fargo, but are definitely prepared with this news. So as the article asks, “How long until the other banks who process short sales smoothly, will turn to these guidelines and derail our short sales?”
Once you have read the article referenced, you may be asking yourself a few questions, as a realtor with many short sale listings? Such as, “Will I ever get another extension?” “Who really is the delay in the process?” “Why such strict time frames to close?” “Is there any compassion left for distressed homeowners or the buyers involved?” Overall, we (Realtors and Negotiators) may have to look at the situation of a short sale a little differently from now on. With time frames and deadlines tighter, and your business growing, as a realtor now may be the time to enlist the services of a Loss Mitigation Company to assist you. When deals are hinged on the slightest details, missing a deadline is critical and can be messy to discuss with your client. Take those details and deadlines and have a partner on your side looking out for you and your client; the seller or the buyer. Think of us as your Short Sale Assistant! We do the work and best of all, we get paid at closing, not before! Hard to find an assistant willing to work like that!
If we have peaked your curiosity, all it takes is a few minutes over the phone… call us and we can discuss your needs as a realtor.
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Blog Entry Copyright 2010 Florida Loss Mitigation, LLC
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Posted in National Short Sale News, Realtor Tips and Resources, Short Sale News and Commentary | Tags: Real estate, Real estate broker/agent, Short (finance), Short Sale, Wells Fargo