Short Sales

If you’re helping Sellers with their short sales, we know there’s a part of the process that you just don’t have time for. Did anybody mention the frustration factor?

Short Sale Origination

Rand Title has a new program to assist agents with Short Sale Origination. Here’s what we promise:

• Open escrow at listing with Buyer to come

• Provide property profile with GI and mortgages

• Issue opening letter to Listing Agent and Seller to facilitate authorizations and document round up

• Accumulate documents electronically

• Encode package with loan numbers

• Do initial pre-audit when contract is received

• Submit package to Lender’s Loss-Mitigation Department

• Follow up twice a week until Lender acknowledges and accepts the package.

• Notify Agent and Seller when the Short Sale is ready for negotiation