We give the power back to the lender:

The power to maximize profits from short sales, foreclosures and real estate owned properties.

Short sales predicted to grow up to 30% over the next two years.

If current real estate trends continue, the residential and commercial markets will experience an upward movement in distressed assets. Foreclosures will increase by over 20% annually over the next three years, with 5 million defaults in 2010 alone.

Because of this trend, lenders must deal with distressed properties?short sales, foreclosures and real estate owned properties?more efficiently than ever before. But efficiency is the last word you?d use to describe the current method lenders follow for handling distressed properties.

In the current process, the lender has little control.

With real estate agents as the gatekeepers, properties are listed at a price that benefits the agents, buyers and investors, often forcing the lender to accept discounts of 30% or more. The real estate agent fields the offers and decides which offer to present to the lender. The lender has little control of which offers are presented.

• Real estate agents control the listings and the process, leading to 5-15% lower offers.
• Not all offers are on the table?or other agent?s competing offers
• Lenders are stuck with a lower valuation and sale price
• The process takes six months or more