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Tag: arizona short sale

Is Greentree Mortgage a Difficult Group to Work with when Trying to Complete a Short Sale?

April 12, 2012

Hi there, I’m Shawn Polston with TucsonShortSale.com, one of Tucson’s leading short sale teams. I wanted to talk to you today about Greentree Mortgage Servicing and short sales. If you look around out there on the internet, Greentree is someone that it’s not very difficult to find a lot of negative things about them in relation to short sales and how short sales work.

My team and I do an incredible job of working with Greentree and getting things accomplished with them. One of the big things we have seen is we have seen a tremendous number of Bank of America loans that have just recently been transferred to Greentree Mortgage. So at any given time we are working on 30 to 50 files with Bank of America and we’ve seen about 15 in just the last two months that have been transferred to Greentree through the process.

We are incredibly familiar with Greentree. We are incredibly familiar with how they do business and the main thing is for you is if you have a Greentree mortgage and you’re considering doing a short sale, the main thing to remember is we get results with Greentree. So I know you have other questions and I encourage you to look around at all the other videos on my website. If you have any questions, please feel free to pick up the phone and give me a call today. You can also click on the contact button on our website or you can fill out the short sale request form on our website as well. Again, I’m Shawn Polston, one of Tucson’s leading short sale teams and I’m here to help. Call me today and I’ll be in touch with you soon. I hope you’re having a great day.

How does a Short Sale Broker get Paid for Helping Me get rid of my home?

May 17, 2011

Hello, This is Shawn Polston of Tuscon Short Sale here to answer another frequently asked question of people in the short sale business. And that question is, "Shawn, How do you get paid for doing a short sale?" Well first it is important to know that your first meeting and consultation is entirely free and gives you a chance to ask any short sale questions you have. It is always important to feel comfortable and confidient that you understand the process before starting a short sale and that is what I am here for. A short sale follows the same process as buying and selling any other home, so a short sale agent gets paid just like a normal real estate agent. Your lender understands the best way to get the most for your house is by finding the real estate agent who can sell it at the best price in the shortest amount of time. Because of this the lender will pay fee’s on the sale of the house regardless of whether it is a short sale or normal foreclosure. The difference is that in a short sale the money made by your short sale agent is paid by the lender and nothing will come out of your pocket. I hope this answers some questions on the subject and if you have any more feel free to call or go online and I’ll be happy to help. I look forward to speaking with you and hearing the details of your situation. Once you contact me we can decided if a short sale is right for you. Thanks for tuning in and have a great day.

How Long Does It Take To Complete A Short Sale?

October 30, 2010

This is a good question. After you and I decide that we want to work together, I need you to gather some information for your short sale package. Depending on how readily available your documents are, it is really only about an hour of work. Generally speaking, most homeowners can get this together in about 48 hours. From that point it will take a few days to get your home listed in the MLS. We typically get offers on your short sale in 30 to 60 days. When we get an offer, we negotiate with your lender. This negotiation with your lender typically takes between 45 and 60 days. When we have an agreement from your lender we can close the sale in about 30 days. So, in most case, we are looking at a four to six month process from the time that we start working together.

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About Shawn Polston

Shawn has been a Realtor since 2006. Prior to becoming an agent Shawn and his wife were active real estate investors. Shawn takes his education seriously; he’s taken over 200 hours of continuing education classes, to keep up-to-date on current laws and trends. Shawn is a member of the Arizona Association of Realtors Master of Real Estate Society and a Graduate of the Realtor Institute. He is also a HAFA certified Short Sales and Foreclosure Specialist in addition to being a National Association of Realtors Short Sale and Foreclosure Resource.

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