Hello and welcome. We are Kevin Kauffman and Fred Weaver, Arizona’s leading short sale specialists. We’ve closed more than 300 short sales in the Paradise valley area. Nevertheless, this website is not about us. It’s about you, the home owner. This website is designed to give you some information and clarity on the subject of short sales.
We’re here today to talk to you about GMAC lender. Owned by Ally Financial, GMAC has made lots of changes over the previous few years. They have just shifted their process to Equator, which is a streamlined online system for handling short sales. Their method has gotten much smoother in recent years.
When we get an offer on your house, we upload all of that information into the equator software. The package is assigned to a negotiator at the lender. Then the bank orders a BPO to find out what the home is worth and then they make a conclusion on the offer. Essentially, GMAC is making short sale decisions in 60 days of getting a contract accepted. Equator is making this process much faster.
Having completed lots of short sales at GMAC, we are very proficient in moving through the short sale procedure with Equator. Our knowledge, joined with Equator, has made the short sale procedure 30% quicker than it ever was before.
Please fill out the form on our blog or get in touch with us today. We can aid you through this complex process. Whether your mortgage is presently held with Wells Fargo, Bank of America, Chase, and any other bank, we have dealt with all of them successfully closing 90% of the short sales that we work with. Because the nationwide average for successfully closing short sales is only 30-50%, you have to hire someone with a track record of achievement. Please get in touch with us today for higher help.
Get more information on selling your home from Kevin and Fred at My First Short Sale by the Short Sale Specialists of Arizona