The reason why they want to work with us is that many mortgage brokers are unable to refinance their clients and many loan mod companies are sometimes unable to help the client get the terms they desire. This produces an unfavorable situtation because these companies are 1) unable to help their clients and 2) are leaving potential revenue on the table.
Since we provide another solution for homeowners we are able to 1) help the homeowners and 2) pay mortgage brokers and loan modification companies referral fees for business they send our way.
For every property that is referred to us that we are able to successfully negotiate the short sale and purchase from the bank we pay $1000 at close of escrow.
We've also found a lot of short sales lately through word of mouth. Many people are unfamiliar with the term 'short sale' and what type of situation it applies to. We usually direct them toward this free short sales training video we've created in order to educate them on what to look for and how to talk to homeowners.
Best regards,
Gabe and Geoff
OC Short Sale Guys
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