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Short Sale Opportunities |
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Helping America's Homeowners Avoid Foreclosure
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America’s Home Rescue is dedicated to educating Homeowners, Realtors and Lenders on available options to avoid foreclosure. The company has saved hundreds of Homeowners and Lenders from costly foreclosures by successfully facilitating a Short Sale Transaction. It is imperative that homeowners know their options and work with Realtors who are experts in the Short Sale area. America’s Home Rescue has trained over 12,000 real estate professionals and continues to build its network.
www.ShortSaleSolutions.biz
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Realtour has developed a set of online applications that help Realtors market their products. Not only does this include virtual tours and all kinds of print materials but also offers website packages for Realtors. The beauty of these applications is the ability for the Realtor to control the content and upload new images. For more information visit www.realtour.biz
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FirstClose has formed a strategic alliance with America’s Home Rescue to provide technology services designed to significantly streamline the pre-foreclosure and Short Sale process. The alliance provides unique benefits to homeowners, real estate agents, and lending institutions alike.
America’s Home Rescue provides advanced training for real estate and mortgage professionals to learn the precise manner of submitting and closing Short Sale transactions to help homeowners avoid foreclosure. America’s Home Rescue has trained over 12,000 real estate professionals and is working exclusively with FirstClose to help automate documents, enhance communication, and fulfill settlement services for all parties involved.
In addition to providing lenders with one stop access to the leading vendors for flood determinations, appraisals, and title work, FirstClose has developed proprietary software that automates key components of the Short Sale document submission process to the nation’s largest lenders. Companies like Wells Fargo, Chase Bank, and Bank of America require specific documents to be submitted by the homeowner in order to complete the short sale transaction. It can be extremely cumbersome to collect and organize all documents in the precise manner required by each financial institution. As such, FirstClose has developed sophisticated software that enables real estate agents to create, print, and upload all of the required documents for each lending institution, all at the touch of a button. Once all required documents have been collected, the agent simply uploads the documents into the FirstClose system, where they are stored, organized, and processed through quality control checks and balances. Lenders subsequently receive e-mail notifications alerting them when new docs have been accurately submitted.
FirstClose is also developing software that helps homeowners and lenders find real estate agents that have been trained in Short Sale transactions by America’s Home Rescue. Helping homeowners and lenders find qualified agents and streamlining the document submission and communication processes are the first steps in a series of technology services FirstClose and Americas Home Rescue are providing to the mortgage lending and real estate industries.
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“Part of the backlog in the loss mitigation process and a significant contributor to why so many homeowners are ultimately going to foreclosure is due to a breakdown in communication between borrowers and lenders,” said Stacy Spickes, President, America’s Home Rescue, LLC. “Training everyone involved and making communication more efficient helps homeowners and lenders while reducing the number of properties that go into foreclosure.”
“The industry is in desperate need of a process to help reduce the number of foreclosures and we believe our systems and services can have a dramatic impact on the economy.” Tedd Smith, CEO of FirstClose
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