Top Short Sale Negotiator

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Services for Real Estate Pros - Summit Mitigation Services
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RECENT BLOG POSTS
I recently sat down with a homeowner that we negated a short sale for, and after we received the approval he looked at me and said “I feel bad for my lender”.  He was referring to the fact that his lender was waving off $51K in debt in order for him to sell his home. Being the nerd I am I whipped...
09/06/2011
Could putting a house in a trust be a good insurance policy against the unknown?  A lot of people don't understand trust and what their purposes are.  But consider this...if you or your company owned 50 or more rental properties would you want every Tom, Dick and Harry to have the ability to sear...
09/01/2011
Freddie Mac is concerned, as are other banks, that they are being taken to the cleaners by ruthless, maniacal, horrible agents and buyers…REALLY?  I read an article on DSNEWS by Carrie Bay that talked about a recent report that Freddie Mac released concerning Short Sale fraud.  Nothing against th...
08/26/2011
I can't sit idol.  I'm hot and fired up yet once again, about decisions that are being made to "help" sellers and the real estate market. If you read one of my posts a few weeks ago on The Death of the REO Agent, you will agree that short sales are the best option for or country's recovery.  For ...
08/24/2011
The death of the REO agent is a concept that I recently spoke about with a friend of mine Mike Cuevas who is a successful real estate agent in Chicago Illinois (over 250 closings last year).  He recently wrote a report titled “Death of the REO Agent”  that he presented to elected Congressional of...
08/16/2011
Chapter 20 bankruptcy might become a new trend among sophisticated short sale sellers with smart lawyers.  What is Chapter 20 bankruptcy?  I bet I have a few lawyers scratching their heads.  Its the combination of a Chapter 13 followed up with a Chapter 7 bankruptcy.  And when you mix in a short ...
08/12/2011
I have read way too many blog posts about sellers backing out of transactions because a bank wants them to take back a note or because they are asking the seller to contribute cash at closing in a short sale.  Sellers and agents this post is for you.  Maybe you are not being educated but I am her...
07/29/2011
Last week we received a nasty email from a seller on a short sale.  The seller and their agent retained our services to negotiate this specific short sale.  The bank originally came back asking for a $100K note AND $75K is CASH from the seller to approve the short sale.  We built a case and negot...
07/20/2011
Have you been frustrated contesting a VA appraisal on a short sales...so much that you are dropping "F" bombs left and right?  So does contesting the VA appraisal value work?  Well I am here to tell you it doesn't, unless you put a twist on it.  As a premier negotiation and education company for ...
07/15/2011
Why did the short sale cross the Road?   To get to the other side of course.  Well why did it want to get to the other side you might ask?  Maybe it was getting sold halfway through the short sale and it was trying to run away from Bank of America.  Maybe it saw the HAFA pot of gold at the end of...
07/14/2011
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Karl Falk

Summit Mitigation Services
local_phone(719) 387-9912
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