Tag: specialized loan services short sale

Specialized Loan Servicing Short Sale Information

Hello everyone, this is Kelly Cook with the Cook & Associates Real Estate Advisors in :k1:; we’re your short sale and real estate specialist for the :k1: area and specialize in helping homeowners find alternatives to foreclosure through the means of a short sale. You can find us online at www.KellyCookHomes.com.

Today we’re addressing Specialized Loan Servicing (SLS) short sales. They are one of the larger loan servicers in the country and they have several different offices throughout the country. They are encouraging homeowners that are behind on their mortgages to look at a few different options because a large portion of the portfolios that they service are in default. That being said, one of the first things you’ll see if you go to their website are loan forbearance, loan modification and short sale. We’ve found out that a loan modification through SLS is very difficult primarily because they don’t give you a principal reduction. They may give you a lower rate, but they’ll just tack that amount on to the back end of the loan. A short sale is something they really encourage and that’s where we step in because we’re short sale specialists. We’ve dealt with them many times and they’re not that bad to deal with. We have a few decent contacts and we look for those contacts to use for you.

Again, we’re one of Arizona’s largest real estate teams, so if you’d like to call us at our Phoenix, AZ or Columbus, OH office, please do. You can also email us at info@cookandassociatesaz.com or visit www.MyHomeValueCalculator.com. At this website you can enter in some of your loan information and it will instantly send you an email with the current value of your home. If you’re underwater it’ll also provide you with information on whether or not a short sale is a good choice for you. It’s a very helpful free tool to use, so please take advantage of it today.

Do You Want More Information About A Short Sale With Specialized Loan Services?

Hello this is Kelly Cook with the Cook & Associates Real Estate Advisors, part of The Real Brokerage We specialize in helping :k1: homeowners find alternatives to foreclosure through the means of a short sale. We can be found online at www.azkcrealestategroup.com.

The video we are shooting today is specific to one small loan servicer that many of you may have not heard of, Specialized Loan Servicing. If you are aware of them, maybe you came across our video today because you would like to learn more about them and their short sale processes. They are a small loan servicer based out of Colorado; again, the reason we know about these small lenders is because we have been working with them, making phone calls and sending emails over the years. We have built a rapport with the people in their Loss Mitigation department and have built up contacts so that when homeowners contact us needing help with their short sales, we know who to talk to in order to get the job done.

We’ve gotten deals done with SLS in about ten days, but we’ve had others that have taken us 90 days. Recently we just had a short sale where SLS was the second lien holder and we were able to get the short sale approved in nine days. We received full approval, the lien was released and the borrower was fully protected.

Please give us a call today with any short sale questions because we’d love to talk to you more about a SLS short sale on your home. You can contact us on our website, email us at info@cookandassociatesaz.com or call us at 480.442.9868. Thanks again for checking out our short sale blog; we look forward to assisting you in the near future and providing you with information on short selling your :k1: home.