What We Do:
Our planning process includes multiple stages:
Our initial contact with your lender will include a formal request of the loan documents, that are missing from our initial review of the loan. Once we receive the requested documents we provide a forensic audit review of the loan documents. This increases our leverage, plus pinpoints potential regulatory issues, lender liabilities and deficiencies.
We reverse underwrite the borrower. This establishes a basis to plan our approach with the lender. In many cases we must consult with financial planners and accountants, to build the proper package to present to the lender.
We work closely with our client's Real Estate professional to effectively price the property in order to attract buyers, and prepare the agent for the process of a short sale.
Unfortunately, some properties just won't attract a buyer, and many buyers cancel contracts, that's why all files we take in continually press the lender for a deed in lieu of foreclosure. The Deed in lieu process will give the lender an option to secure the collateral.
Once we have put together a plan, we contact the lender and establish an open line of communication.
What We Don't Do:
We don't buy your property.
We don't put your property under an option contract. , or ask that you transfer your deed. (Run from this or at the least get the advice of a qualified attorney regarding your risk before entering into this type of agreement)
We don't share in real estate commissions. Our fees are based on the outcome of your debt, not that commission of a sale. therefore there are no conflicts of interest.
We don't charge a fee unless we resolve your issue. If we do not reach an arrangement with your lender that you agree to, our service is FREE.