Realtor’s Resource for Shortsales
Why Choose Mortgage Debt Services?
- Counsel your seller as to what options are available
- Negotiate the entire shortsale from start to finish
- Document every conversation with the lender
- Negotiate back taxes – lender to pay
- Negotiate Realtor fees – lender to pay
- Negotiate condo fees – lender to pay
- Negotiate sewer and water charges – lender to pay
- Negotiate home inspection items – lender to pay
- Negotiate demand for total debt forgiveness
- Negotiate moving expenses for the seller
- Negotiate MDS fee – lender to pay
- Coordinate closing
Costs to You are Free, costs to your seller is $490 and we do the rest:
For all of the services mentioned above the only cost to the homeowner is $490 which is due at the time of application. This fee is only accepted if MDS’s underwriting team feels that they have a 70% chance of getting the results the seller is requesting. Usually that request is total debt forgiveness and the successful close of their property. In addition to the $490, MDS does charge points on the loan outstanding, but that fee is paid by the lender, and only if the sale consummates.
Let us take care of your shortsale, while you list more homes!
Call Today! (978) 722-7101
