Revealing your role as an Investor during a SS

[Michael G.]

Has any investor ever been questioned by the lender about what their role is is the short sale? Clearly I'm an investor who submitted the authorization to release form. Sometimes one of the phone reps will ask "Are you the realtor"? or " Are you the attorney"? I always just say "I'm helping out the homeowner". Has anyone EVER revealed or been asked if they are the investor? I would never say that I am but I'm just wondering about different responses to use if it ever should arise.

[Chris Jefferson]

Upfront you need to have the realtor understand that all calls should be coming to you from the lender. At that point if asked by the lender you need to advise them that you are simply the negotiator the realtor has hired to assist in the progression of the file.