As I write this I reflect back on my earlier days in taking on short sale listings and advising clients as to how to prepare their paperwork for submission to their lien holder.
Getting the word out that I tend to be a tireless Realtor who will pretty much go to any lengths to see to it that the lender has every document in place and am relentless in follow up to gaining a positive outcome was and still is next to impossible.
Client trust needs to be gained because so much is at stake and some of my clients had the unfortunate experience of working with "expert loan modifiers" only to had over thousands of dollars in savings to a scam artist.
I think the critical key point in question to the homeowner is "Who do I trust?" For me that question is easy to answer as none of this process (including foreclosure) happens overnight. MEET with any prospective professional and interview them before signing anything.
In the state of California it's illegal to ask for upfront fees for loan modifications. Many consumers are still unaware of this.
As a dedicated professional that enjoys a solid reputation my goal is to counsel to the best of my ability the potential client. It's like being a lawyer, either you have a case or you don't, it's that simple.
I also tend to believe that some people think that there's no such thing as free. WRONG. Realtors do not collect commissions from the seller on short sales. The lien holder assumes all responsibility as it's obvious that if you're in a position to short sale, you more than likely do not have the funds to pay the costs associated with the real estate transaction and that's where I come to bat for my homeowner. I negotiate everything with the bank and the buyer's agent so that my seller doesn't endure additional hardship.
If there are any other distressed property specialists out there, I'd love to know how you reach your public and your experiences in this arena.
Oh, by the way, Happy Labor Day!
www.AvoidCamarilloForeclosure.com
Comments(4)