Tuesday, May 4, 2010

When short sale processing takes too long many buyers walk away. What's the solution to this challenge for sellers?

How can short sale negotiators help realtors through the new HAFA regulations?

What can banks do to wade through the HAFA confusion and new regulations?

How do short sales save the value of neighborhoods vs. foreclosures?

What advice would you give to short staffed banks to deal with 1,000s of Short Sale offers they receive?

When banks take too long to approve short sales what does that mean to the economy?

Do short sales delay the recovery and prolong the downturn?

The new HAFA regulations have been in place for approximately one month. What's the word on the street about success/failures?

What does a short sale negotiator do?

We'd like to highlight David as "The Negotiator." What can he do to help regular people, realtors, attorneys, CPAs, etc?


What does a short sale negotiator do?
Designates to work with his lenders as his representative.

Pushes back on unreasonable demands and work with appraisers who are doing the appraisals.
Negotiates with the lender representatives.
Person familiar with the process and knows what banks will and will not accept.
Can be a real estate agent, attorney, 3rd party or anyone else.
Understands foreclosure & mortgage law. Rules and laws vary by state and change as new laws are modified/introduced.

How does a short sale negotiator help buyers and sellers?
How much does it cost to retain a short sale negotiator?
What is I Short Sale's track record of successful closings?
How Does Someone Negotiate & Waive a Short Sale Deficiency Balance?
How does a short sale impact one's credit?
Some homeowners believe if they short sell their home they are automatically relieved of the obligation to pay the deficient balance. Explain this process.