Hello everyone Kelly Cook here with the Cook & Associates Real Estate Advisors, your :k1: area short sale specialist, thank you for taking a minute to check out my blog today. My team and I are dedicated to educating :k1: homeowners on their options for avoiding foreclosure and I use my blog to pass along new information on this very topic. If you are behind on your mortgage, or already considering a short sale, take a minute to browse my website for more information or contact me directly to discuss your distressed property options.
For my blog topic today I wanted to go over some of my experiences with GMAC on a short sale file in :k1:. There are a lot of :k1: homeowners who may be underwater on their GMAC loan and I love working with their short sale team. GMAC uses an online platform called Equator to help streamline the short sale process and increase transparency and communication between our team and their staff. Because GMAC has a very large mortgage portfolio they do sometimes subcontract their short sales to a company called REDC. REDC does a great job of helping GMAC get these toxic loans off their books through the short sale process. I have had a lot of success working with GMAC in the past thanks to the leverage of the anti-deficiency laws in place in :k1:.
So give me a call today, or stop by my website, if it no longer makes business sense to continue paying your mortgage. You are no longer stuck in your distressed property and I would love to sit down and discuss all of your options for selling that underwater home. Thank you for your time today and I hope to hear from you soon at Cook & Associates Real Estate Advisors.