Short Sale Negotiations

How to Deal with a Second Lien Holder – Bedrock Style

Negotiating with second lien holders has long been a hot topic on the Short Sale Expeditor® website. Most recently, two agents asked the following questions about second lien holders and short sales. Why do second lien holders play games when they are in the inferior position? Why doesn’t the threat of foreclosure scare the second [...]

April 30, 2012 1 comment CONTINUE READING THIS POST →

#2 Tip for Closing a Short Sale Effectively and Efficiently

Over the next several weeks, we are providing you with the top ten tips for effective short sale closings. Last week we discussed the importance of getting educated about the short sale process. This week, the second tip which is equally important is to set expectations accordingly. Short sales are sophisticated and detailed transactions and [...]

April 25, 2012 1 comment CONTINUE READING THIS POST →

How to Deal with a Difficult Second Lien Holder

I was just reading the lyrics to the Rolling Stones’ song Time Is on My Side (1964). And, despite the fact that the lyrics clearly refer to a relationship, I’ve gotta say that I’ve noticed that time is often on an agent’s side when it comes to difficult short sale negotiations. When processing a short [...]

April 11, 2012 0 comments CONTINUE READING THIS POST →

Second Lien Holders Are Not Always Happy Campers

We are going to close a deal today—a short sale with three lien holders. This was like juggling three balls with really greasy hands. When you had your grip on two, the third would fall on the floor. Sometimes we had the first and second in agreement, then the third would hold out for more [...]

December 28, 2011 1 comment CONTINUE READING THIS POST →

Don’t Crash on the Short Sale Super Highway

Communication is the key to success in just about everything. Effective and continuous communication is also important when dealing with a short sale transaction. Just the other day, I advised a Realtor® friend that the his short sale transaction had submitted to the investor for approval Also, I reminded him that the Trustee’s Sale date [...]

October 13, 2011 2 comments CONTINUE READING THIS POST →

Broker Price Opinions – Mixing the Good with the Bad

Look what was in my email inbox the other day: Melissa Zavala, I am contacting you to check if you are interested in doing a CMA in the following ZIP code… The ZIP code was 100 miles from my office, so I politely declined. But, this curious request got me to thinking about the state [...]

August 25, 2011 5 comments CONTINUE READING THIS POST →

The Latest Short Sale Trend – Bankruptcy

Remember that the team at Short Sale Expeditor® is not comprised of attorneys and we do not play them on television, but the sheer volume of short sales that we process does give us an opportunity to share what we observe as the latest trends in the short sale arena. Last year at about this [...]

August 1, 2011 0 comments CONTINUE READING THIS POST →

Once in awhile, it’s important to ruffle a few feathers

You know how the U.S. Surgeon General didn’t publish that cigarette smoking could be harmful to your health until the sixties? You know how all of a sudden over the last two decades certain foods that we used to eat regularly now are found to cause high blood sugar? Well, I wonder whether at some [...]

July 18, 2011 0 comments CONTINUE READING THIS POST →

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Short Sale Expeditor

c/o Broadpoint Properties
DRE# 01851888
220 West Second Avenue
Escondido, CA 92025
Phone: 760-839-3838
Fax: 858-345-3879
Quick Email:info@shortsaleexpeditor.com
Important Notice: Broadpoint Properties, Inc, (doing business as Short Sale Expeditor®) is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.