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Making Short Sales Easier For Realtors - For Realtors dealing with banking institutions short sales can be a extremely difficult task


Short Sales Could Outpace Foreclosures In Many Real Estate Markets

Chicago Area Niche Start-Up Jumps On This New Trend – Promises Frustrated Realtors to Outsource Short Sales & Immediate Cash Offer With Proof of Funds and A Full Commission Check

Oak Brook, IL. -- May, 6th, 2010 – Real estate agents around the country are realizing that as the housing “slide” drags on into its fourth year that the market is beginning to shift in some very fundamental ways.

Much, if not most of that transformation has to do with the failure of Washington’s loan modification programs and a new resolution that went into effect on April 5th.
Because loan modification programs haven’t had any proverbial teeth banks have done everything legally in their power to avoid or slow down the federal home loan modification programs, the short sale has been targeted by the federal government as a new hope for distressed home owners.

Recently, the Obama administration passed a resolution promising home owners who applied for a home loan modification and were denied a chance to do a short sale through a new home affordable alternatives program. This resolution went into effect on April 5th.
It’s thought that most of these short sales will involve mortgages which are “under water” -- home loans in which the value of the home is less than the principal owed on the mortgage note.

Pier One Properties Group Inc a new real estate group based in a western Chicago suburb will focus on filling this newly minted niche with a specialized short sale service and an immediate cash offer with a full negotiating service to do all the dirty work -- promising real estate agents across the country a team of expert attorneys and negotiators to take the pain out of short sales, while greatly speeding up the process.

Pier One also promises that real estate agents outsource short sales will pay no fees, receive a full commission, and do none of the paper work or negotiating involved in the short sale. If they can deliver on these promises, they will surely have no problem finding plenty of business.


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