Hey guys, I’m Kelly Cook here with the Cook & Associates Real Estate Advisors, your :k1: short sale specialists. We can be found online at WWW.AZKCRealEstateGroup.com. We specialize in helping area homeowners find alternatives to foreclosure through the means of a short sale.
Our topic today is a short sale with Indy Mac Bank. We are one of :k1:’s largest short sale teams and so we’ve done a lot of short sales with Indy Mac Bank over the years. Indy Mac was one of those banks that had some serious trouble when the real estate bottomed out and the market tipped. They did step in and merge, and actually One West Bank acquired them with the help of FDIC. Now One West Bank is the new official name of Indy Mac Bank. Indy Mac is still there as a division of One West Bank to service all their mortgages and loans they had on the books since a few years back. When that merger occurred it was very difficult to do a short sale with Indy Mac, but I got to give it to them because since then, it’s gotten better. Now they are not one of the best banks out there to work with, but we have found a way to work with them that’s tolerable and because of that we have a very high success rate with Indy Mac on all of our short sales that we have done for clients.
Indy Mac will try and pursue a foreclosure aggressively throughout the short sale process so it’s very important that you hire a short sale agent that has experience with Indy Mac and their systems. They need to be familiar with them so that all time frames are met appropriately so that the short sale goes smoothly. It’s that easy and we have that experience and we would love to help you with your Indy Mac short sale if you are thinking of going that route today.
Again, I’m Kelly Cook with the Cook & Associates Real Estate Advisors, your :k1: short sale specialists and we are here to help. Please email us or call us with any questions. Our email address is info@cookandassociatesaz.com or call us at 480-442-9868. You can also contact us through our website at kellycookshortsales.com. We look forward to hearing from you soon. Thanks and have a great day.