Homeowner Saves $900K in Deficiency

Being able to internally and successfully negotiate with lien holders sets us apart from our competition. One of our In-House negotiators has been working on the short sale of the property located at 5665 S Topaz Pl. in Chandler for roughly 7 months. He has finally garnered approval for not one but three default loans! The first was a Chase cash-out refi with $1.1 million owed; he spent 210 days negotiating this one for release of just over $650,000. The second was another Chase cash-out refi with an additional $420,000 owed, which was only negotiated for 21 days and settled for $3,000. The surprise third showed up from the home builder at title within days of closing for $96,000. The negotiator worked his magic and negotiated a $2,500 release in 3 days. All in all the total savings to the homeowner was an estimated $900,000 in released deficiencies.

The successful negotiation of this short sale enabled another family to purchase the home and enjoy the amenities that Chandler has to offer.