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Topic: Appreciation to local Brokers/Agents and the Short Sale Pros Model
These two videos cover Short Sale Pros Wine and Cheese Realtor Appreciation Night on 10/22/09 at the Legends Condos Downtown San Diego, featuring outtakes from Short Sale Pros CEO Michael Corradini, an owner of an Escrow company, and a Title company addressing the Short Sale Pros model.
Is it Legal? YES. It is ethical. YES. Is it fully transparent and disclosed to all paries? YES
PART I
PART II
Governor Arnold Schwarzenegger has approved in California what will most likely become a national measure – eliminating all advanced loan modification fees. This is a valiant effort to reduce if not eliminate fraud against homeowners.
At Short Sale Pros, we support and employ a 100% FREE model for all troubled homeowners. Here is the full story:
http://www.dsnews.com/articles/schwarzenegger-institutes-nine-new-mortgage-laws-2009-10-13
Short Sale Pros Reduces Foreclosures Through Smart Partnerships
San Diego, CA (PRWEB) July 14, 2009 — As many homeowners are being denied loan modifications and put on the path to foreclosure, one novel company, Short Sale Pros, offers solutions designed to avoid foreclosure by assisting loan modification companies and homeowners with no-cost short sale negotiation services.
Although a short sale is not the first option for most homeowners since it requires them to walk away from their property, the statistics have shown that more homeowners are being denied loan modifications even with government intervention and professional help from a loan modification company. The banks have also realized more than 50% of loan modifications go into re-default. A modification turndown or re-default often leads the homeowner into foreclosure since they are unaware that a short sale may still be a viable option.
“It is very sad to meet homeowners who have been relying on a loan modification to solve their problems only to find out that they have been denied. Most think the only option is foreclosure which can destroy a person emotionally and financially for five or more years. Short sales are an alternative that most homeowners can utilize to get back on their feet sooner by walking away from their home into a more affordable rental,” said Michael Corradini, CEO of Short Sale Pros. “There are unique benefits to the homeowner through Short Sale Pros that a loan modification company or a Realtor alone cannot provide.”
Many loan modification companies are not able to get a modification approved in time to avoid foreclosure and are overwhelmed trying to negotiate short sale themselves, straining their often limited resources.
According to Michael Taylor at LMS, a leading loan modification company, “Short Sale Pros offers a unique solution when the lender is unable to produce an affordable modification for the homeowner. Not only does the homeowner get help for no-cost, the partnership also frees our resources and we are rewarded as an affiliate.” Short Sale Pros offers loan modification companies revenue share opportunities as well as new loan modification applicants through its partnership with America’s Lead Source.
“At Short Sale Pros, we encourage homeowners to get informed about their options at ShortSalePros.com or government sites such as MakingHomesAffordable.gov,” added Michael Corradini.
Based in San Diego, California, Short Sale Pros is helping lead America’s recovery as one of the fastest growing short sale negotiation firms. They are the only company to offer no-cost negotiations to Homeowners, full commissions to REALTORS®, and revenue share opportunities and lead replacements to Loan Modification companies. They streamline the complicated short sale process utilizing lender contacts, proprietary mitigation techniques and handling all paperwork. Homeowners, REALTORS®, and Loan Modification companies are encouraged to get informed at ShortSalePros.com or 866-975-PROS (7767).
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http://www.prweb.com/releases/short_sale_pros/loan_modification/prweb2636684.htm
http://www.tradingmarkets.com/.site/news/Stock%20News/2419009/
June 2009, Volume 3 Issue 6
By Joel Cone. Download the article here.
Both the popularity and thorniness of short sales are evidenced by the existence of Short Sale Pros, a San Diego web-based company promoting itself as a solution for real estate professionals, investors and homeowners trying to navigate the short sale negotiation process.
“Homeowners are starting to realize that loan modifications aren’t as great as they thought they were going to be. From the loan modification end, if you can’t help with that then short sale is the next logical thing,” said Michael Corradini, adding that short sales are becoming easier to negotitate “across the board and it seems no matter what market.”
Corradini, whose firm was working on an estimated 240 files in May, said negotiating short sales all comes down to how a potential homebuyer, investor or real estate professional approaches the bank and presents the numbers. One tip he suggests when negotiating a short sale… continued here.
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