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Selling a Home for Less Than you Owe (short Sales)

Many of the homes on the market today, commitment to the homeowner and
and homes going into foreclosure are not conducting each negotiation with
worth what they have outstanding loans excellence. We are effective because many
for. Now we have an expected 1 in 500 of our employees have worked in the
homes (national average)expected to go lender's loss mitigation departments and
into foreclosure due to adjustable rate have been trained in short sales as their
mortgages in the next year. How do you specialty.
sell a home for less than you owe? They list the following success stories
Short Sales! While we have purchased on their website:
homes via a short sale, I would not 1. Negotiated a 2nd lien owed $63,000 to
recommend it. It was a very long drawn $2,000
out process each time and consumed weeks 2. Negotiated a 2nd lien owed $212,000 to
of time and a flurry of faxes, $5,000
conversations and numerous voice mails. 3. Negotiated a 1st lien owed $107,000 to
I found National Short Sale Center, Inc. $71,000
a national company which assists 4. Successfully negotiated the complete
homeowners and mortgage services on a removal of an IRS lien for approximately
nationwide basis in negotiating down the $25,000
amount owed on a home loan. It creates a If you are a homeowner, lender or
win-win situation for both parties by realtor, it might be in your interest to
providing the homeowner an option before contact them if you or a client owes more
their property is foreclosed upon, and by on their home than it is worth. I was not
achieving maximum yield for the servicer. able to find any negative information on
National Short Sale Center has been the them and they are a member of the BBB
national leader in conducting short sales (Better Business Bureau).
since 2004. This is a result of our




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