YOUR SHORT SALE SPECIALIST
In our dynamic real estate market, short sales and foreclosures have become significantly more prevalent. According to the Minneapolis Area Association of Realtors, in the last year there has been a 29% increase on closed short sales and in the past month alone there have been close to 1,000 new short sale listings. I can turn your potential short sale into a successfully closed short sale. I have the experience and the tools to ensure a smooth, streamlined transaction.
Experience & Qualifications:
- Over 20 years experience in lender owned (REO) negotiations
- Over 25 years experience in residential real estate
- 100% success rate as a short sale negotiator
- Registered and experienced with the Equator, RES.NET, and NRT REO Expert Short Sale Platforms
- Equator Short Sale & REO Platinum Certified
- Educated and experienced with state required Short Sale documents
Past and Present Clients on Lender Owned Properties:
21st Century Bank— Bank of America— Bank Cherokee — Central Bank—Chase/JP Morgan/Washington Mutual —GMAC — ING — Klein Bank— Mainstreet Bank— NRT REO Experts — MidCountry Bank — Penny Mac — PHH— People’s Bank — PNC Bank — Saxon
Transaction Fees:
Typically there is a 50/50 split of Gross Commission on bank payouts less than 6%.
Short Sale fees are typically negotiated during the short sale process and can be shared by both participating parties.
Fees based on Gross Commission:
0.8% fee for properties sold under $250,000
0.6% fee for properties sold between $250-500,000
0.4% fee for properties sold over $500,000
Short Sale fees are typically negotiated during the short sale process and can be shared by both participating parties.
Fees based on Gross Commission:
0.8% fee for properties sold under $250,000
0.6% fee for properties sold between $250-500,000
0.4% fee for properties sold over $500,000
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Seller Forms
The following page has a library of required documents for homeowners needing to sell their property as a short sale. Find state required & Coldwell Banker Burnet required forms; depending on your Broker some of the documents may not be mandatory.
Find out more |
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Buyer Forms
The following page has a library of required documents for buyers wanting to purchase a short sale property. Find state required & Coldwell Banker Burnet required forms; depending on your Broker some of the documents may not be mandatory.
Find out more |
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Current Short Sale Transactions
Online tracking for our short sale transactions currently in process; see which documents are on file/still needed, the status of the file in the short sale process, and important contact information.
View Transactions |
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MAAR’s Monthly Foreclosure & Short Sale Update
The Minneapolis Area Association of REALTORS® releases a monthly update on the market activity of distressed properties. Distressed properties include both Foreclosures and Short Sales and their recent activity has had a significant effect on the market in its entirety. Find out more
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Short Sale News
View short sale related articles and current news updates. You will find valuable information regarding what a short sale is, how the process works, and helpful hints.
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