Despite delivering faster sales and higher prices than REOs, short sales comprised only 7 percent of 2010 U.S. home sales.
Why?
Today’s short-sale scenario is almost exclusively reactive—borrowers, potential buyers and real estate professionals initiate short sales. It’s typically only after you receive an offer that you begin determining if that borrower and property are eligible for a short sale.
It takes time and staff resources to uncover critical factors including:
- Borrower eligibility
- Collateral market value
- Subordinate liens
- Investor guideline compliance
Our Proactive Short Sale Solution lets you take advantage of this underused strategy by helping you quickly and easily:
- Identify short-sale candidates
- Contact identified borrowers
- Educate borrowers and provide them with a graceful exit and relocation assistance
- Manage property disposition
- Protect against fraud
We designed our solution to mitigate common fall-out causes and alleviate resource strain— from beginning to end.
Learn more about Proactive Short Sales >>
