Frustration? Stress? Anxiety?
If those emotions feel familiar then we can help.
If you have ever tried to work your own short sales then you know the power of the emotions that go hand in hand. You have to take care of your seller who is going through an incredible hard time. You have to deal with the buyer's agent, of course if you even have a buyer. You have to deal with the bank. You know how hard it is to work a short sale unless you have a proven system in place.
You can stop all of the madness while experiencing more success with just one phone call. We can take away all of the stress and worry so you can do what you do best, sell more homes and help more people.
Here are just some of the value add we provide when we work together to help your homeowner get out of foreclosure and get their home sold tomorrow.
- Knowing who the backing investor is (is it Fannie, Freddie or Private) and understanding the impact on your success
- Knowing how to submit the first offer correctly and why more than 97% of first offers are denied
- How to avoid your short sale being closed out by the negotiator and losing weeks in time getting it re-opened
- How to list your short sale to find a buyer (you always need an offer for the bank to even consider your short sale)
- How to avoid having another agent or appraiser screw up your deal with an overvalued BPO (this is priceless)
- How to get your short sale assigned fast and the BPO ordered within days not weeks
- An invaluable 24/7 communication system that lets you know when a new update has been added to your file keeping you in the loop at all times.
We know how to work with the lenders and with more than 700 short sales completed, we have the experience and success you need on your team. We'll help you understand which lender has a higher probability of accepting a short sale (saving you endless hours on the phone), help you strategize the best possible price for resale and use our mastered techniques to speeding up the short sale process.
Our unique approach to short sale approvals gets your short sale submission moving faster than ever and gives you a superior advantage when targeting homeowners who may need your short sale expertise.
Experience. Knowledge. Success.
As soon as we receive your order you'll notice a difference. Professionals who know what's needed and snap into immediate action. People who understand how important your request is to the homeowner and what you're trying to accomplish. Our biggest enemy is time and we do everything we can to get your file into submission quickly and without delay. We know what challenges you'll face if you're doing this for the first time (did you ever notice how it feels like it takes forever to get the paperwork back to you...) or if you're a seasoned pro, you'll love having a team of pros on your side who "get it"!
Based on what you need you will get the following with each order:- Process the paperwork
- Calculate & negotiate the deal
- Analyze the numbers
- Review the comparables in relation to current values
- Submit the file for lender review
- Follow up with the lender (daily if necessary)
- Begin negotiations
- Process the file for necessary documentation
- Respond to lender's requests for additional paperwork
- Get BPO ordered
- Postpone the auction if needed
- Consult with Realtor to review strategy for BPO
- Review BPO results with lender
- Negotiate with lender to agree to acceptable terms
- Coordinate settlement date for you and your buyer
- Work out all numbers for final HUD 1 & settlement approval
- Celebrate with your seller (they just avoided foreclosure!)
Even if the property is facing foreclosure with a pending sale date, we will get the sale postponed to give you a fighting chance to help your homeowner get out from under and get the property sold. To date we have a range of 87-90% success ratio and it's because we fight for our clients and don't take "no" for an answer.
To place an order with us you can call us direct or email us: help@ipowershortsale.com
with the words New Client in the subject line.
Distressed Mortgage Servicing • Loss Mitigation Management • Short Sale Negotiations