Short Sale Question - Agents
How many of you investors involve an RE agent when doing a short sale? They will pay a commission and it typically will not mess up the amount they are willing to take, perhaps I could incorporate receiving a commission in part of the servicing package to make the cost to investors small, or non-existant to do the short sales for them.
Chase
This exists already, check out the National Short Sale CEnter. NSC.
See how they do it.
The Devil is in the details... seems the second wants every nickel its due.... a thorough review of that second mortgage agreement is key in order to determine if this is worth pursuit.
How is the lien recorded? You can FAX a copy of it to me. visit www.SPOCH.org for FAX instructions.