We need your help.
Together, we can take the battle to the banks and return the homes to the American people.
Do you have a client going through a short sale where the bank is counter bidding or otherwise stalling the sale of the home? With our mortgage loan audit, we can settle these short sales and you will walk away with a portion of the net proceeds AND the sales commission.
Show me the math:
For example:
Take a home that currently has two mortgages on it.
- 1st Mortgage: $900k
- 2nd Mortgage: $100k
- Market Value: $700k
- Short Sale Value: $625k
Our team of lawyers aim for a settlement of 40-50% of the short sale value of the 1st mortgage and 5-10% of the value of the 2nd mortgage.
- Settlement Value of 1st Mortgage: $250k
- Settlement Value of 2nd Mortgage: $2k
- Closing costs for selling the home: $20k (agent may receive commission here)
- Total cost to settle and sell the home: $272k
The difference between this value and the Short Sale Value is the net profits to the partners!
- Net profits: $625k-272k = $353k
10% of the profits go to the agent that brings the deal, 20% of the profits are returned to the home owner, and 70% of the profits are returned to the legal team that facilitates and manages the litigation.
Become a Partner
We are looking for agents to partner with us that have a client going through an active short sale, there is no cost to you as an agent! Fill out the form below and one of our staff members will get back to you.