Shortsales, Pre-Foreclosure

It has been awhile since I have written a blog posting, so if it appears rusty it is... we are beginning to do more of these short sales here in the Seattle area so thought I would let everyone know as tough as they are we are having successes with our new systemized process. With one of our deals we received an approval in less than 49 days on the first and the second mortgage...

This has been an interesting learning curve on how to put short sales together and actually have them get closed! Understanding what the LM is looking for right away is critical, this is just one of the many items we have learned in this process, anb believe me there are many!!!

Having an understanding in this process is essential, we have learned the right way and the wrong way to put these deals together and what a great experience this has been. As all who work in the genre, you know that we have to stay on top of all the banks that change their tactics, so having a full team that have the knowledge, experience and professional systems are critical.

Working with Margo Christophilis and her team has been very rewarding... I am thankful of all the skill sets she brings to negotiating these transactions to get them to close and the seller can feel relief being saved from a foreclosure, also the buyer has purchased a home at a great deal.

We know in some states it is a little easier due to the economic situations in those areas, but here in Seattle, WA., we are seeing some major accomplishments!

I hope others are having the success as we have been.

If we can be of help drop us an email at davidahaley@hotmail.com look forward to hearing from you!