Sunday
May262013
SHORT SALE MILL? NOT HERE!
Brian Donlyuk - Vista Filare Specialist
[caption id="attachment_1933" align="alignleft" width="135"]
Homeowner Just a Number for Short Sale Mills[/caption]
When homeowners are going through mortgage distress, they usually have had the frustrating experience of countless phone conversations with their lenders. A few will triumph and lock in a loan modification if the stars are aligned just right. Many will face having to sell the home or getting foreclosed on.
Now the solicitations from short sale mills are flooding into their mailbox, boasting hundreds, even thousands of completed short sales by these agents, attorneys and their companies. These numbers might impress some sellers, but when a homeowner is sick of being a "number" and needs to be tended to with care and compassion, being a file somewhere between short sale number 876 and 900 is not a comforting prospect. Short sales are time-consuming, and an agent who lists dozens a month does not have the time to service the listing and negotiate with the lenders. So the file gets assigned to a short sale mill where there is an "intake clerk", a "negotiator" and sometimes a "closer". Some companies are even out of state. The agent's assistant(s) and transaction coordinator will be the seller's go-to people.
My own approach to short sales is: Quality over quantity. I have closed all my short sale listings, and my clients were satisfied with the attention and assistance they received. A good deal of hand-holding and guidance through the process is par for the course.
When you are ready to short sell your home and want the level of service and assistance you deserve, call Sylvia Jonathan at (714) 856-7003.
[caption id="attachment_1932" align="aligncenter" width="239"]
Happy Customers[/caption]
Homeowner Just a Number for Short Sale Mills[/caption]When homeowners are going through mortgage distress, they usually have had the frustrating experience of countless phone conversations with their lenders. A few will triumph and lock in a loan modification if the stars are aligned just right. Many will face having to sell the home or getting foreclosed on.
Now the solicitations from short sale mills are flooding into their mailbox, boasting hundreds, even thousands of completed short sales by these agents, attorneys and their companies. These numbers might impress some sellers, but when a homeowner is sick of being a "number" and needs to be tended to with care and compassion, being a file somewhere between short sale number 876 and 900 is not a comforting prospect. Short sales are time-consuming, and an agent who lists dozens a month does not have the time to service the listing and negotiate with the lenders. So the file gets assigned to a short sale mill where there is an "intake clerk", a "negotiator" and sometimes a "closer". Some companies are even out of state. The agent's assistant(s) and transaction coordinator will be the seller's go-to people.
My own approach to short sales is: Quality over quantity. I have closed all my short sale listings, and my clients were satisfied with the attention and assistance they received. A good deal of hand-holding and guidance through the process is par for the course.
When you are ready to short sell your home and want the level of service and assistance you deserve, call Sylvia Jonathan at (714) 856-7003.
[caption id="attachment_1932" align="aligncenter" width="239"]
Happy Customers[/caption]
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