RE/MAX corporate and CitiMortage have teamed-up to help expedite the short sale process and provide local homeowners with a "graceful exit" from their mortgage problems. Here's an excerpt from the email:
Congratulations! Because of your Short Sale training and expertise, you have been selected to participate in the CitiMortgage ProActive Short Sale program.
The program is designed to assist families facing foreclosure with a viable alternative, and a more "graceful exit" through a Short Sale. In support of this program, the names of three local RE/MAX agents, who have a demonstrated expertise in Short Sales, will be provided to these homeowners. The homeowners may choose to contact one of those agents.
The primary reason you have been selected to participate in this program is your demonstrated commitment to the Short Sale process. You should have either a CDPE designation, SFR certification or Five Star training, along with a proven high level of experience with Short Sale transactions.
CitiMortgage has a dedicated team of agents who work with homeowners and real estate agents to facilitate Short Sale transactions. This team has the right to accept or reject any offers, and will attempt to provide a response to purchase offers within 72 hours of receiving all requested documentation, including a complete and signed offer contract. A sales commission of 6% will be paid for each closing and there are NO referral fees."
Has anyone else been accepted in their area?