Indymac/Service Link Very Quick Short Sale Appproval

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Real Estate Agent with eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales B.R.E. 01191194
https://activerain.com/droplet/V2

Pending Short Sale Santa Clara County

I have a short sale listing in Gilroy which had an offer accepted by the seller at the beginning of December.  All of the paperwork was forwarded to Indymac who had it for about 2 1/2 weeks and then gave to Service Link for negotiation.  By then it was Christmas Week.  A negotiator was assigned who contacted me the first week of Jan.  I got approval, at purchase price, on Jan 10th. That was fast! There were no special tricks I used other than the way I handle all of my short sales.

1. A realistic, but still a good purchase price, not too high, not too low, but on the lower end of market value.

2. All the documentation was submitted at one time and the documents were tripled checked to make sure everything was there.

3. The sellers provided every single financial document that was required.

4. I followed up to make sure everything was in order and received by Service Link.

This is my first short sale with Service Link, who has just recently ramped up their short sale department.

I am now officially an Indymac/Servive Link short sale fan.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

650-619-9285

D.R.E. 01191194

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Marcy Moyer eXp Realty of California  Specializing in Probate and Trust Sales, and Rental Investment Properties

 

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Rainer
155,657
Carla Dimond
CATARRA - Mountain View, CA
(Silicon Valley)

Marcy, thanks for sharing a positive Short Sale story

Jan 11, 2011 06:48 AM #1
Rainer
24,607
Trent Chapman
Keller Williams -New Future Team - San Marcos, CA

Congrats on the quick approval!  IMB/OWB/Service Link or whatever combination of the three has a bad reputation, but my quickest short sale approval was 13 days, start to finish from authorization to approval on my fax... but I've also had some 3-4 month deals with them.

 

Trent

TheShortSaleGenius.com

Jan 11, 2011 05:41 PM #2
Rainmaker
468,350
Marcy Moyer
eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales - Mountain View, CA
Probate, Trust, and Investment Specialist

Response times overall seem to be getting much faster.

Jan 12, 2011 03:20 AM #3
Rainmaker
348,796
Keisha Hosea- KASIHomes.com
KASI Homes - Chino Hills, CA
Real Estate Solutions For Real People

Congrats on your approval. I've had awesome experiences with IndyMac. I think they are one of the best!

Jan 14, 2011 01:02 AM #5
Rainmaker
345,972
Anja Kerstens
Coldwell Banker Residential Brokerage - Morgan Hill, CA
GRI, CDPE, CHS, ASP, Selling Silicon Valley Real

Congratulations Marcy.  I knew you would do a great job.  Happy to hear that ServiceLink came through after the bad review it received before.

Jan 14, 2011 08:11 AM #6
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Rainmaker
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Marcy Moyer

Probate, Trust, and Investment Specialist
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