Real Estate Investor Short Sale

That is when the homeowner needs a real estate investor to short sale the home. When selling the home at market value is unacceptable, the homeowner is facing foreclosure.

When a homeowner brings in a real estate investor to short sale his or her home, the real estate investor will work with the homeowner to put together a short sale package for the bank. The short sale process then begins and negotiations with the loss mitigation department at the bank starts. When the real estate short sale is successful, the real estate investor doing the short sale will buy the home for however much the bank will approve while, in most cases, the homeowner walks away from the house and the mortgage free and clear.