Finest Process Changes
Group 4610 is Arizona’s premier short sale team. Several magnificent things happened in 2009 for Group 4610. One of the greatest things that was prepared in 2009 was the Loan Modification Waiver. As Group 4610 went through the short sale procedure with lenders, the banks persistently noted that the home owners needed to submit an application for a loan modification. We laughed at that. So, the Loan Modification Waiver form was created to tell the lender that the house owner does not want to pay for the home any more. We think the lender got the message.
Also enjoyable for Group 4610 was REOTrans. REOTrans became a nuisance for house owners to complete. So, Fred and Kevin simply took over the process of filling in all of the required information.
Repeatedly we get lenders that have us authorized on the house owners account. The proper paperwork have been filed and we are in the middle of the short sale method. Then the lender abruptly tells us that they are no longer able to speak to us on the account. Why? Because my borrower’s authorization has expired. Ridiculous, because there was no ending date on the authorization form. So, we added a little bit to the last part of the form that acknowledged something to this effect…
This permission is forever in effect, renewable, extendable, in no way expires, shall never die, shall for all time remain in effect until my short sale has been completed by Group 4610.
http://group4610shortsale.com” title=”Arizona Short Sale Specialists Answer Questions”>Short sale FAQs and more.
Get powered up by Kevin and Fred at http://shortsalepowerhour.com/short-sale-process-changes-short-sale-power-hour-12-30-09/ title=”Short Sale Process Changes”>Short Sale Power Hour by the Short Sale Specialists of Arizona
