For Real Estate Investors!  Pre Foreclosure... 
...Lender Approved Homes Below Market Value!

Home | How It's Possible | About Us | Investment Tools | Contact Us

Copyright © 2008 ShortSalesShoppers.com - Site designed by Brother4Him Design Studio LLC.

 

 

 

 

 

 

 

 

 

 

How It's Possible

We work with The Law Offices of Jill Pogach Michaels and other select companies that
negotiate short sales.
They have negotiated with all of the lien holders, checked title and
submitted the financial packages to the lenders.  We list these lender approved homes on our pre-approved short sale list and keep you posted with e-mails of HOT NEW APPROVED deals!

How do we have these APPROVED short sales?

The original buyers who were under contract for these properties have gotten out because most often they either: 1) could not get the financing that they had anticipated; or 2) decided not to wait the several months it takes for negotiations to be completed. Now, the lender and seller are ready to go to settlement but they are looking for a new buyer.

Most of these properties could settle within days although extensions are often granted to accommodate a new buyer. Find the investment that works for you and close in a few days.
It's that easy.

What makes us different from other listing websites? Why not just search an agent's multiple listing service for short sales?

The Multiple Listing Service (aka "MLS") properties are listed with agents but may be NOT APPROVED. Investors do not know whether the lender would even accept an offer at a particular listing price or other terms. Moreover, an investor cannot tell how close the seller is to foreclosure or if there might be other factors that may make the seller's lenders not accept a short sale, a particular price or other terms. The average approval process runs close to 90 days with most lenders. The lenders are taking more time to review a short sale, not less these days! The list you receive has already gone through a minimum of 60-90 days and the approval process. A final short sale payoff has already been received.

The terms have already been agreed upon by the lenders. A few lenders may request the new buyer's name to appear on the revised payoff statement. However, at this point, most lenders do not even state the buyer's name on the original payoff statements. The lender is merely concerned with the net to them as stated on the payoff statement and settling within the time frame the payoff expires. Notably, the Law Firm has successfully negotiated many extensions of the payoff statements. This allows the investor buyer to have more time to obtain financing for settlement.

 

 

 

 

 

 

 

 

 

 

 

We work with the Prestigious Professionals: