Wednesday, March 22, 2017

Quick Short Sales ARE Possible


A widely unkept secret in the short sale industry is that there is no such thing as a quick short sale. Eitan seemed to turn this logic upside down with this deal closed in late 2016.

After an elder woman moved out of state and stopped paying her mortgage, she was forced to sell her home or she would fall into even greater debt. Since she did not really understanding the importance of a short sale, her son took control of the situation, hired a realtor who in turn got Eitan involved. The home was currently occupied by tenants, making it difficult to show the home to potential buyers. It was a fairly difficult situation but Eitan was able help coordinate showings, which was quickly followed by a viable offer.  The offer was quickly approved. All the meanwhile, Eitan handled clearing title for this property, most complex of which was obtaining a Satisfaction of Mortgage from a company that went defunct in 1980’s. 


What should have been a long process only took about 2 months to close on the deal. Everyone appreciated his efforts and his great expertise in getting the deal closed, and multiple referrals were sent Eitan’s way in the coming months.

No comments:

Post a Comment