Short Sale Homes Orlando is Offering Up to 6% Commission
for Realtors 

Short Sale Homes Orlando is currently working with licensed real estate professionals in the Orlando Area to BUY homes that are facing foreclosure.  We Negotiate with the Lender so that you don’t have to.

Click Here to send us your Short Sale

We manage 100% of the short sale process including, but not limited to, the short sale package, lender negotiations, value justification and
FULL COMPLETE DISCLOSURE TO THE SELLER. 

  
Our intent to purchase and resell will be fully disclosed, acknowledged and signed off by the seller.  Furthermore we must comply with the lenders short sale requirements including no cash or overage to the seller at closing.

Through a nationwide network Short Sale Homes Orlando has successfully negotiated millions of dollars in successful short sale transactions. Our goal is to help you help your clients from losing their homes to foreclosure.

Our mission is to provide valid selling options to homeowners who are facing foreclosure and have no means to sell their property.

 

How it Works

1. Client Acquisition: Submit the client information you would like our team to help.  We will review their information and determine whether we can help your client or not. Go ahead and submit your clients information into the client help submission form so that our staff can contact you and explain everything.

2. Seller Disclosure: Meet with your client who was going to lose their house to foreclosure and let them know that you have a cash buyer. We will provide all of the necessary information and forms to put the home under contract and complete all of the necessary disclosures

3. Meet us to have the paperwork executed so that your listing is now with  us as the seller.

4. Establish The Listing History and Show The Property: The property must be listed at market value and listing price reduced every 2-4 weeks by 3-5% of previous price.  

5. Communicate Showings With Us: This is the most critical part of our relationship and will effect the outcome of your commission.  We must know of all showings, prospective buyers, comments and any verbal or written offers within 24 hours.  We will accept, deny and counter all offers.

6. Contract the new buyer and attend closing: Collect your check! Up to 6%

 

How we work with Realtors / Real Estate Agents

We work with a small team of flexible, open-minded licensees who can provide referrals of homeowner’s who are over-financed, facing foreclosure and would otherwise lose their homes to foreclosure.  We act as the direct buyer to the homeowner’s property through a purchase agreement or an option agreement, allowing our company to negotiate the short sale and resell the property because of our equitable interest in the property created by the signed contract.  You as licensee would be searching for a buyer during the time we work directly with the debtor’s lender to secure the discount (short sale) that will allow us to purchase the property.  Our intention is to fund and payoff the short sale transaction in full and then resell to the buyer you will acquire on the Multiple Listing Service.

 

Property Qualifications

We are only able to work with clients who are over financed and a foreclosure candidate.  This means a homeowner who has stopped making payments and has no plans to ever begin making payments.  The client must be a minimum of 30 days in arrears on their mortgage.  They must be willing to acknowledge in writing that they are going to allow their property to go to foreclosure and have neither the ability nor the intent to prevent this from occurring.

    * We prefer properties that are 50% ABOVE median price range or $300,000 loan balances.  Feel free to submit other properties that are below this price range as long as they are in average to above average condition.

     •  We prefer properties with one mortgage or MULTIPLE MORTGAGES, and especially LARGE second mortgages.

    •  We cannot consider properties in active bankruptcy.

    •  We cannot consider incomplete, new construction homes without final certificate of occupancy.

    •  Please no condos or townhomes.

 

Seller Qualifications

Similar to licensees who are looking for a proven system, we are looking for sellers that are easy to work with.  This means a seller who understands they have no other alternatives, or have already exhausted a mortgage modification or work out plan.  Because of the sheer volume of these properties and clients needing our negotiation services we are looking for clients willing to work with us.  This extensive and time consuming effort requires us to find sellers who meet the following qualifications:

    •  Eager and willing to provide their financials and information needed by the lender to work the short sale.
    •  Sellers willing to release our selling agents (you) of any fiduciary responsibility and recognize they are working in a capacity with the assignees that has been designated first to resell the property.

Please note:
We wish above all to speak with the debtor first, to make sure they are not requesting cash and are willing to follow through with the lenders request and sign all disclosures.  Once this conversation is complete and we can determine the outcome is FULLY COMPLIANT, we will schedule a time to meet and go through the documentation.  

 

Agent Qualifications

It’s our goal to work with pro-active licensees who want a LONG TERM RELATIONSHIP ONLY and are willing to work in the spirit of compliance with regards to FULL DISCLOSURE when referring A SELLER CLIENT to our firm.  Because we are working directly with the seller we will be in constant communication regarding the lenders requirements for the short sale.  As our selling agent it is we who are responsible and will fight to ensure a full 6% commission is made available between listing and buyers agent.  Under this arrangement, we will ask for collaboration in the following areas.

    •  No intermediaries:  We must have direct contact with the lenders and sellers at all times.  Once the short sale begins there cannot be
any communication between you, our selling agent and the debtor’s lender.  This has, and will cause irreparable challenges with the short sale.
    •  Debtor confidentiality: There are two separate transactions. The first is where our company pays the short sale lender - paid off with
cash.  The second transaction occurs when the company resells the property. Upon resale agent agrees not to disclose to short sale lender what the property is being sold for at a later date.  We are the buyer and do not wish to have our purchase price disclosed.  The short sale is not a transaction of which you will be involved.

 


 

Submit a Short Sale Client Here Now!



Date
Realtor Name
Realtor E-mail Address
Realtor Phone
Realtor Fax
Approx Property Value
First Mortgage
Second Mortgage
Other Liens
Total Leverage Balance (LTV)
Sellers Name
Short Sale Property Address
City
State
Zip
Sellers Home Phone
Sellers Cell Phone
Alternate Number
Sellers Fax
Have you spoke to the seller
about a short sale?
yes
no
Is there anything else you can do to
keep this seller our of foreclosure?
yes
no
Would you be willing to re-list this
property for us at a full (6%) commission?
yes
no
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Contact Your Lender And Assess Your Situation

If you find yourself facing foreclosure with one of the below lenders or banks, call us at the number above and we can assist selling your home by short sale.

ABM AMRO Mortgage 800-783-8900
AmTrust Bank (fka Ohio Savings Bank) 888-696-4444
Beneficial 800-333-5848
Charter One 800-234-6002
Chase 800-446-8939
CitiFinancial Mortgage 800-753-3673
Citimortgage 800-283-7918
Countrywide 800-262-4218
Deutsche Bank National Call Number on Mortgage Statement
Fifth Third Bank 800-375-1745 Option 3
First Merit Bank 888-728-9931
GMAC Mortgage 800-850-4622
HSBC Mortgage 800-338-6441
Huntington National Bank 800-323-4695
Key Bank 800-422-2442
LaSalle National Bank 800-783-8900
Mortgage Electronic Registration Systems 888-679-6377
National City 800-367-9305, Ext. 53221
Ocwen Federal Bank 800-746-2936
Option One 866-711-1962
Saxon 800-665-7367
Select Portfolio Servicing 888-818-6032
SkyBank 800-290-3359
Third Federal Savings 888-844-7333
US Bank 800-365-7900
Wachovia Bank of Delaware 866-642-8608
Washington Mutual 866-926-8937
PMSI or Popular Mortgage (800) 383-2292
M&I Bank (Marshall and Ilsley) 1(414) 765-7500
Wells Fargo Home Mortgage 1-800-416-1472
Wells Fargo Financial 1-800-874-8901