Positioning Yourself For Victory
The issue of the day revolves around the significance of the first thirty days. As we’ve acknowledged already, short sales are won or lost in the first 30 days. It is simply not reasonable to think that you can keep a purchaser in a transaction for six months. It just will not happen. That is why getting stuff done as quickly as possible is significant.
To be frank, a short sale could be finished in 3 days if the banks had a structure in place to deal with short sales. Keep in mind that if you show the lender that there is an importance to complete a short sale, they will comprehend that you may eventually escalate the process and operate in a more timely manner. However, it is important to note that people inside the lender dealing with your records are dealing with 500 to 1,000 records at any given time. So, you need to find some way to get your file approved through all of the rest in thirty days.
All of this is where pre escalation comes into play. When you find out who is handling the file, find out who that someone answers to. In this way, if you have a trouble, you have left yourself the option of moving up the hierarchy. It is viable to get the contact information of the negotiator, their boss, the bank manager, the vice president, and the president all in the first phone call. This is where playing detective becomes mega significant.
So, when you run out of choices at one point, you can consequentially step to the next level. With Group 4610, if they do not have a BPO figure, they do not progress the file. They abide by the identical rule with contact information. If they do not have that contact information, they will not progress the file. Basically, you should try to put yourself in the best circumstances possible when you are moving all through the short sale procedure.
http://group4610shortsale.com” title=”Arizona Short Sale Specialists Answer Questions”>Short sale FAQs and more.
Get powered up by Kevin and Fred at http://shortsalepowerhour.com/pre-escalation-short-sale-power-hour-02-11-10/ title=”Pre Escalation”>Short Sale Power Hour by the Short Sale Specialists of Arizona
