Dear Beneficial Mortgage Customer:
I wanted to call to your attention a short sale experience I had with Beneficial Mortgage Company (a division of HSBC). I have a current client who lost his job and could no longer afford his Camas, WA home financed by Beneficial Mortgage. After months of struggling to get a loan modification, we listed the house as a short sale. Within a week I was in contact with the appropriate party at the bank, and was able to negotiate a pre-approved price plus a generous relocation fee for my client. A month later we are moving on to closing, and my seller is moving on to a new life without the burden of this debt.
This sale was not a part of the HAFA program, it was a special deal I negotiated with Beneficial on his behalf. If you considering a short sale, letting your Vancouver, WA house go into foreclosure, or foresee any issues paying your mortgage in the future - please call for a free short sale consultation. The process is not as complicated as you think, with minimal required paperwork. With a knowledgeable Realtor on your side, that has experience working with Beneficial, you could be moving on with money in your pocket as well.