Our Mission
Our mission is to contribute to the integrity and efficiency of the Short Sale process through diligence, education, and innovation while, at all times adhering strictly to an absolute commitment to a high standard of ethics in all of our dealings.
It is our goal to contribute meaningfully to the raising of the standards of practice for all of the professionals involved in the Short Sale process.
We understand that the short sales process may involve discussions about matter financial, but in the end this is all about people – families, borrowers, home buyers, loss mitigators, investors – all of whom deserve to be treated with respect.
Buying a Short Sale
If you are an investor looking for a deal that gives you instant equity, or a home buyer just looking for a good deal, buying a Short Sale may be your answer. The risks that go along with foreclosing on a property have mortgage companies looking for ways to avoid foreclosure and reduce the losses incurred when a loan goes delinquent.
A Short Sale allows the mortgage holder to limit losses on a delinquent loan and take the loan off their books. The discount a lender is usually willing to approve means the buyer can get a good deal.
Seller Information
We specialize in the short sale of homes that are equity deficient – homes with loan balances at or above the home’s value.
Homeowners across the country are finding themselves faced with very difficult decisions because their mortgage balance is higher than the value of their home. If you find that you need to sell your home and your loan balance is too high, what do you do?
One option is to work out a solution with the mortgage holder that allows the home to be sold.
ABOUT OUR PARTNERSHIP
Chicago Title Insurance Company has partnered with a long standing professional Negotiator to handle the processing of your Short Sale.
Mortgage Resolution Services, Inc. provides a full range of services to the real estate community, all designed to support the efforts of brokers and agents working with homeowners overburdened with mortgage debt. As market conditions become more challenging and mortgage delinquencies increase, Mortgage Resolution Services, Inc. can help. By providing education, coaching and a comprehensive short sale processing service, Mortgage Resolution Services, Inc. is ready to help real estate professionals who are seeking to adjust their business plan to account for current market conditions.
Forms
Get the forms you need to get started with your Short Sale listing here.
MRS has put together a Pre-Qualification form to assist the Real Estate Agent in gathering the needed information for PreQualifying the transaction. Click here to get the form.
Click here to get the form for gathering necessary information.
