Working with Dan Grady on a recent short sale was not only easy and painless but also very educational. Dan and his loss mitigation team kept me and my buyers up to date on all of the developments with the file in a timely fashion and we never felt out of the loop. As someone who is aware of the difficulties most agents have with short sales, I was very hesitant of the process especially given the fact that there were at least 2 lien holders involved. However, Dan made it look easy. Approvals came in no time and my buyers got their dream home all because of Dan and his team. Just as important is the fact that I learned so much about the short sale process during this transaction and have been able to use the information in my own practice. Thank you again Dan!
- Vladimir Kats (Realtor & Associate Broker), Passport Realty
The Broker of Execuhome Realty referred Ivy Loui, of Acacia Loss Mitigation Services, to me. At the time of the referral I had exhausted my ability to assist a client that had been trying to get an approval to sell her home through the short sale process.
The process began in June 2009 when I received an offer for the property that had already been listed for sale for over 5 months. The property had a 1st and 2nd mortgage. I was able to obtain the short sale approval from the 1st mortgage, where settlement must occur prior to 10/15/09. With the clocking ticking, it appeared that negotiations were going to end without approval from the 2nd mortgage. The 2nd mortgage holder refuses to budge over a small difference of the payoff from the 1st mortgage and required the Seller to sign a $10,000 promissory note. It was at this point, frustrated and not willing to see my client not get approved for the short sale that I turned to Ivy for help on 9/26/09.
Ivy, clearly well versed in the process, stepped in and took over the negotiations. She has an in-depth knowledge of the loss mitigation process and understands the intricate details of how lenders respond in these critical situations. She was confident and patient in her approach, in what seemed to me to be an impossible task. Most importantly, with both me and the seller as her clients, she efficiently managed the remainder of the details required to bring the negotiations to a successful close. Ivy was able to accomplish all of this and allow the deal to reach settlement on 10/14/09, along with the waiver of the requirement that the Seller sign a $10,000 promissory note.
Ivy interfaced with the Seller helping her to understand what was required, getting her to comply immediately and with me explaining through-out the process the correct steps, which helped me better understand the correct way to assist a customer in this situation. Ivy is a real professional, and I would refer to anyone needing loss mitigation services.
- Millie Lloyd (Realtor & Associate Broker), ExecuHome Realty
As a licensed settlement office I know that communication, with the agents to a contract, is essential to having a successful settlement. This communication is even more vital when dealing with the complexities of a short sale transaction. When working with Dan Grady of ExecuHome Realty, and Ivy Loui of Acacia Loss Mitigation, I know I will receive a complete ratified contract with all necessary information to make my job easier. Both Dan and Ivy are very accessible and always willing to help with additional information if it is needed. With their knowledge and help we get to the settlement table time and time again. They are two pros who know how to take a short sale all the way to the settlement table.
- Kim Puller (Settlement Office), Sage Title
Dan Grady truly understands the ins and outs of a real estate transaction, and is by far, one of the most well versed realtors in dealing with distressed properties in the state of Maryland. I am always impressed with Dan’s consistent communication, knowledge of the market and his expertise in handling all of his listings. Working with Dan and his team is always a pleasure!
- Sofya Pokov, Esq. (President), Emerald Bay Escrow Services
If you need results, Dan Grady has the team to make it happen!
- Patty Robinson (Sr. Vice President), MBA Mortgage Services, Inc.