You have a complete Short Sale Package and now your ready to submit it to the Loss Mitigation Department of the Bank. While you may be happy to get this to the bank…
The Loss Mitigation Department may not be as happy as you.
Each file handler in a loss mitigation department handles about 300-500 Short Sale Files and may look like this..
Because of the number of files they receive they will do anything they can to reject a Short Sale file.
Be prepared it takes a long time to get your file reviewed.
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