Thanks for posting this very helpful and important article. As a short sale investor, I discuss this topic every day with distressed homeowners when laying out all their options. I find many homeowners and realtors alike are unaware or don't know th…
Hi, I'm Jordan Fisher (aka The L.A. Short Sale Guy). Call me crazy but I LOVE SHORT SALES! Actually, I'm a real estate investor (also a RE broker) who works in partnership with a select group of realtors to mitigate and purchase short sale properties so homeowners can avoid the devastating effects of a foreclosure. Basically, this means I bring to the table both an offer and my own loss mitigation company to take ALL the headaches away from realtors. Realtors list the property, I handle the short sale process and buy the property, realtors get paid 4-7% commission on every deal. But most importantly, the homeowner gets a fresh start and the ability to purchase another house usually within 12-18 months.