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The Loss Mitigation Center can help you with the purchase of a short sale by managing all the tedious tasks associated with a short sale transaction FOR YOU! Taking your offer we will build an effective short sale package, negotiate the deal, work hard to get it approved, and ensures that it will close.
We'll Do All We Can to Get It Done Quickly!!
What you need to know is that initially, we will negotiate with lenders to pay for our service fee. Although we have been successful with lenders agreeing to pay our loss mitigation fee there are instances where some will not. When lenders decline to pay our fee, we will notify all parties involved in the transaction and discuss alternatives for payment. To learn more visit our Investor FAQ.
Teaming with the Investor (the relationship)
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We are hired by the Investor to negotiate the short shorts and that we charge a fee for negotiation services.
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Short sale transactions take between 30-90+ days to approve, but we will do our best to reduce that timeframe but cannot guarantee it. Purchasing a short sale requires patience and flexibility so please keep that in mind.
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Your offer cannot be contingent on the sale of another property. The lender may view that as a “deal breaker” and unable to close on time.
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Short sale properties are always purchased "As-Is".
- You must be able to close within 45 days maximum from approval.
Loss Mitigation Center will help you maximize your efforts by managing the short sale and negotiating your offer with the seller's lenders. If you are currently working with a homeowner or have a pre-foreclosure in mind, please contact us to determine the best way we can help get your short sale approved.
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MANDATORY FTC DISCLOSURE: We are a for-profit company. The Loss Mitigation Center is not associated with the government and our services are not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage you could lose your home and damage your credit rating.
IMPORTANT: We DO NOT provide the services of nor do we act as bankruptcy counselors, attorneys, lenders, accountants, financial planners, financial counselors, nor are we a debt relief agency. The content of our website is not legal advice and represents our opinions only.