Let me explain. We just recently
submitted a Short Sale package where Ocwen was the first and
second Lienholder. We submitted what we refer to as, our “perfect Short Sale
package”. We used the required Ocwen forms, completed the Ocwen Check list and
basically gave them everything they could possibly want the first time. Now
true to form Ocwen did come back requesting information we had already
submitted and rather than argue, we promptly sent them the requested
information. Well guess what? 17 days after submitting the Short Sale
package we received approval from Ocwen. Not only did we get the approval, we
were able to secure the seller $3,000 for relocation assistance AND a 2% credit
to the buyer to help cover their closing costs.
Think about it – The seller will
walk away from well over $320,000 in debt without any responsibility for the
unpaid balance, done correctly will have no liability for income taxes on the
forgiven debt, gets $3,000 to help with relocation expenses and the buyer gets
2% towards their closing costs. How great is that?
Are all West Sacramento Short Sales that easy – no not
really, but done correctly they are getting easier and easier for those West Sacramento Short Sale Agents who fully
understand the process.
To get a better idea of when your West
Sacramento home will be worth what you owe, log in to www.shortsaleandloanmod.info
for a free estimate or call me today for a free no obligation consultation.
Call me today and sleep better tonight; you’ll be glad you did
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