Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
You must be logged in and allowed to do that
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 15 years ago on . Most recent reply

User Stats

265
Posts
41
Votes
Edwin De leon
  • Investor
  • bronx, NY
41
Votes |
265
Posts

How To Select / Interview Short Sale Negotiation Company

Edwin De leon
  • Investor
  • bronx, NY
Posted

What questions should we ask to find out who to work with and who not to work with, seeking a short sale negotiation company

Most Popular Reply

User Stats

742
Posts
463
Votes
James Ward
  • Real Estate Investor
  • Ocala, FL
463
Votes |
742
Posts
James Ward
  • Real Estate Investor
  • Ocala, FL
Replied

Edwin,

If you are going to Interview a Negotiation company here are a few items you might want to inquire about:

1) How is the personal information of the home owner handled?
2) Who is actually negotiating the Short Sale?
3) How many Short Sales have they received Acceptance Letters?
4) How do they handle multiple Lenders/ Liens?
5) What do they charge and when is payment due?
6) Any Lenders they do not work?
7) Any locations/ states they do not work?

This should be a great start in a interview. But, also be prepared to be interviewed. You must be prepared to answer questions posed to you about your experience, knowledge, and business plan.

Make sure that you let the Negotiation Company what you expect of them. Make sure that you have fully covered everything before you move forward.

I hope this helps get you started!
James

Loading replies...