Failed Loan Modifications make great Short Sales

By
Managing Real Estate Broker with Property Management & Sales at REALTY WORKS TEMECULA, CA 92590 (951) 217-6745 01233850

Failed Loan Modifications make great Short Sales.
Is your loan modification starting to fail. Having second thoughts to if you did the right thing.  
Its a proven fact that most loan mods do fail. I can turn a failed loan modification into an approved short sale.
Lets talk about you getting a fresh start for your family via a short sale.

Contact the Temecula Short Sale Agents at Realty Works Temecula 951-217-6745

Comments (4)

Melissa Polce
ERA, Wilkinson Real Estate Charlotte - Huntersville, NC
Lake to Land, I've Got It Covered!

what a great little article and I agree, most failed mods make good short sales...however...some are a mess...those are the ones we pass on...have a great rest of week!

 

Nov 05, 2013 09:35 PM
Joy Riley
Providence, RI
Value Added Through Expertise&Innovative Marketing

Sidney... a great point... however I find the person seeking a loan mod is not typically prepared to sell... they typically want to stay and stay for less...some feel so disillusioned when they are rejected for the modification. many recently have opted for staying without paying for as long as possible.

Nov 06, 2013 07:51 PM
Sidney Kutchuk
Property Management & Sales at REALTY WORKS TEMECULA, CA 92590 (951) 217-6745 - Temecula, CA
Property Management & Sales Experts 951-217-6745

Melissa & Joy,

You are both correct,most of these short sale are a mess. The seller will call us at the last minute. Many have sale date already set. We are their last chance to avoid foreclosure. Due to the lack of time I will not work these short sale unless the seller are 100% vested in the outcome, an approved short sale. At this point most are very serious. 

Nov 17, 2013 10:36 AM
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Awesome Sidney! This is so much information, it will help us a lot. Thank you very much!

May 22, 2014 12:11 AM

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