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Short Sale Attorneys?

by Atlanta Short Sale Agent on April 5, 2011

Short Sale Attorneys?

Short sale attorneys fall into the same category as unicorns, the Easter Bunny and Santa. They simply don’t exist.  What does exist are attorneys that need to increase their bottomline by helping out short sales.  Afterall, everyone’s knees get a little weak when they hear the word attorney, right?

Don’t get me wrong, attorneys CAN help with short sales, but most likely they simply are qualified (based on experience) to do the short sale.  The real question will be what will they do when their normal business picks back up?  Will they wait on the phone for an hour for a bank or make $450 for getting you to sign a document that says, “If you don’t pay, you don’t stay?”

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Loss Mitigation

by Atlanta Short Sale Agent on October 6, 2010

Loss Mitigation

The loss mitigation department is the department of the bank that negotiates the short sale among other things  Each bank is different but for the most part, the loss mitigation department is separate from the foreclosure department or even the collections department.   These departments aren’t just separate from each other, they are often in different states, or in some cases different countries!

Technorati Tags: Loss Mitigation, loss mitigator, short sale, short sale specialist

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The Average Loss Mitigator

March 8, 2009

According to our insider sources, the average loss mitigator at a bank  – the person that decides the fate of your short sale in atlanta has the following charactersistics: Under 30 Average pay $8.50 – $14 Average 300 Files on their desk at time Expected to work at least 50 hours a week Written or [...]

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