LET'S TALK: 1-347-714-4241​
1-844-99-SHORT
The First Step is to Call:
Call our Short Sale Facilitators, provide them with the paperwork, and let our staff work their negotiating powers with the lenders. The lender may forgive part or, or even all of the deficiency.
These are just some of the possibilities that are at your disposal when you have the right negotiator/ Facilitator, one who, when the home is sold, is paid by the buyer or third party to negotiate with the mortgage lender to accept a short payoff , and whose goal is to have the remaining deficiency balance waived at the time an approval letter is received.
To Get Started
We will Need The Following Docmentation and or Forms:
Authorization To Release Information (Provided By Empire)
Hardship Letter.
Last Two Years W2 And Tax Returns.
Last Two Months Paystubs and Bank Account Statements.
Copy Of Mortgage Statement
Listing Agreement and Listing History.
Lender SHort Sale Package( Empire Will Provide To You)
Buyers Prequalification Or Proof Of Funds If Cash Sale
Short Sale Facilitators Agreement( Provided By Empire)
Home Owners Association Information If Any.
After Paperwork Is Submitted:
We need to see all of the paperwork. We first review your file and then determine a strategy. We have you provide all of the documents so we can put together a plan of action, cal Lender or Lenders and Find out where in the Foreclosure process you are.
On occasion we have been able to hold off a foreclosure, or even reverse it. It is rare, but if you are in foreclosure there is always a chance the foreclosure can be halted or stopped.
So, if you are behind on your mortgage and are considering bankruptcy to get rid of your home, contact us. If you are planning to let your home go into foreclosure, call us. A short sale is an option that your lender may allow to proceed thus allowing you to sell the home, giving the lender the entirety of the proceeds which will be less than what you owe.
Short Sale Facilitators negotiates with the lender to have the remaining amount, known as a deficiency, waived, decreased, forgiven, or paid off by another means.
Our team of specialists, lawyers, and realtors negotiates with your lender so you can sell your property for what it is worth now—not what it was worth when you originally bought it—shorting the lender an amount due on the original loan.
Why and how does we achieve these actions? With the number of foreclosures across the nation, some money to a lender is better than no money to a lender.
A short sale is the better alternative to incurring the legal fees filed in a foreclosure lawsuit. The goal is to get your loan amount that is owed reduced to best reflect the real value of the property and the market. The lender can come after you for the deficiency, so it is negotiated away if at all possible. The other options such as a promissory note, Empire Short Sale Facilitators finding government programs to provide deficiency funds, or the new buyer may contribute.