Both lien holders took big losses on this investment property. Total deficiency exceeded $107K. Despite so, seller recieived full waiver from both lenders and only had to come to the table with $2,659 for the 2nd lien and $2,125 for loss mitigaton fee.
“Da Grady at Execuhome Realty and Ivy Loui at Acacia Loss Mitigation were a great team to work with and very effective. I was in a situation where foreclosure on my rental property was on the near horizon. I contacted Dan Grady and he did an exception job explaining the short sale process and what to expect as the process evolved. Dan also knows the real estate market very well which was essential in getting an offer in just a few weeks. Once the offer was submitted, Ivy was fantastic when deaing with the mortgage companies. She was able to get the mortgage companies to approve the short sale and negotiated a full release. I would absolutely recommend Dan Grady at Execuhome Realty and Ivy Loui at Acacia Loss Mitigation.” — Frank P.
