A short sale negotiating service will work with your lender(s) or mortgage servicer to get approval to sell your home short.
If you are facing foreclosure, in default, and looking at a short sale, you’re probably getting lots and lots of junk mail. Having almost lost my home last year, I know it’s an emotionally draining process.
Having someone on your side, negotiating and working on your behalf can be lifesaving. For me, I had a short sale agent who handled 99% of the entire process. That left me sane, and able to focus on getting my finances back together.
Two Options When Hiring A Negotiating Service
There are two paths to go when you want to short sell your home.
1. Hire a real estate agent with short sale experience
This is what I did. I was able to find a real estate agent that had closed a number of short sales. He was able to negotiate on my behalf and made the process of doing a short sale as easy as possible on me.
You can read my post on how to find a short sale agent here
2. Hire a negotiating service
Whatever you do, don’t hire one person “loss mitigation” specialist. More likely than not, they are just looking to get your money. If I was going to hire a service, I would go with a large company like Home Assure.
These guys are able to help you with a short sale, or negotiate with your lender if you are able to workout a plan to keep your home. Either way, they have the expertise and the size to handle your situation. They will talk with your lender, so you don’t have too. I know they offer a free consultation, so it can’t hurt to check out this option.
It’s going to be OK
No matter what happens, it’s going to be OK. You’re taking action, and the sooner you get someone on your side, the better you will feel!
Good Luck!
