This will be my first post of many and hopefully become a weekly and potentially daily habit for me.
I have been doing short sales now for about a year and quickly have made a name for myself as maybe Traverse City's leading expert on this topic. As you may know, short sales can be a very lucritive business, but it can also be a bust.
I would like let everyone know who I have worked with and what I thought about them.
A few are,
Ocwen, Wells Fargo, Countrywide, JP Morgan Chase, Huntington, and Option One.
I have had great success with Ocwen, but they have called it quits in this short sale dept. A few difficult ones were Countrywide, simply because of there size, and Huntington. The good thing about Huntington is if your a stock holder, you will be happy for there resistance on taking much less.
As far as smaller or local banks, I love working with them because the decisions are typically sooner than other, however, there ability, in my experience, to tkae a bigger loss is reduced.
I encourage questions regarding short sales or the foreclosure proccess. I will be hosting a Foreclosure Seminar on May 29th at the Traverse City Chamber building from 3-5pm. I am asking for RSVP due to seating.
Please RSVP to my email MHodges@TCExit.com
Thank you
Matt Hodges
231 624 1650
Thank you for the information Matt. In the environment that we are currently in I feel that the more education that can be offered will allow those that remain in the industry to prosper.
Good luck with the seminar. I will pass the word on it.
Jake Rossi
Mortgage Loan Consultant
Front Street Mortgage
231-632-0814