How many times have you heard, the bank lost the package? The amount of paperwork generated in a typical short sale is enough to boggle the mind, Often times with additional information being requested throughout the process of the short sale.
Not all banks subscribe to the equator system, but for those that do and those agents and real estate brokers that understand how to use equator, it has certainly streamlined the entire short sale process.
The equator system allows for the transmittal of all documents during the short sale process. It also acts as a portal to the lender, servicing agent, or mortgage holder for all communication during the short sale process. Another cool feature of the equator system, is the equator library. The library maintains a static record of all requests from the lender to the agent and maintains a complete portfolio of all of those documents that have been submitted to the lender on the half of the short sale seller.
Have Additional Questions?
Call Alan Today
Alan Palange is a Licensed Florida Real Estate Broker with over twenty five years experience in Real Estate Investing. Alan is also the Executive Director of Consumer Lawyers of America, PA located in Florida. Alan also worked as a licensed Florida Building Contractor building many homes from Palm Beach to Palm Bay.
When you hire Alan you get an enormous amount of experience and wisdom on your side. Alan has assisted hundreds of clients throughout Florida get out of a bad situation. There is never a fee for processing a Short Sale. In most cases Alan is able to get relocation funds for his clients upon the successful completion of the Short Sale. Alan is one of the best at what he does. It’s worth calling and speaking with him today for a free telephone consultation