What we do

Our main objective is to help you understand this confusing process and offer a unique range of assistance to help you make the right decision for your circumstances.

If you choose to sell, or this is your only option, we offer services specializing in pre-foreclosure properties. A review of your situation will determine whether you are eligible for a short sale. We will arrange to have the property listed on the MLS, as required by most short sales, and will present offers to your lender/lenders. We handle it all. Our fees are paid out of the proceeds of the short sale.  You will not need to come to closing with a check for real estate commissions or closing costs. It is understood that all offers received are subject to full and final bank short sale approval. In turn, sellers will not receive any proceeds from the sale.

Short sale summary for all parties involved.

A short sale occurs when a lender accepts much less than what is owed on a property. Unfortunately due to the slowdown in the market, many homeowners have been left with a mortgage balance that is more than what their house is worth. Due to the fact that there is negative or no equity, these homeowners cannot refinance or sell their properties.

In this situation a short sale is often the best option available.

1) Homeowners avoid foreclosure which is devastating to their life & credit. They are 'usually' able to get a settlement in full, which means the lender cannot come after them for the difference between what was owed and what it sold for. The homeowner also does not pay any commissions or closing costs, those costs are paid by the lender so there are typically no out of pocket expenses to the seller!

2) Lenders accept a short sale because they get to cut their losses. If a lender has to go through a foreclosure process they will have to pay attorney fees, auction fees, they will not get paid on their loan for months. A short sale allows them to just take the loss now and save themselves the extra expenses and headache associated with foreclosure.

Quick summary:

Complimentary market analysis of property value

Region-wide listing and marketing of your property

Negotiation with lenders when you owe more than the true value of your house (short sale)

Extra required Realtor action for a "Short Sale":