Lender took a huge loss in this case. Regardless, we were able to minimize the amount of a promissory note down to only $2K and secured attractive payment terms (0% interest, $50/month, 40 months) for the seller.
“I want to express my thanks and gratitude to the team of MDShortSaleRealEstate.com, and especially Dan Grady of ExecuHome Realty and Ivy Loui of Acacia Loss Mitigation for the wonderful job they did in short selling my home. I was at my wits-end and on the verge of accepting foreclosure when I was referred to them by another Realtor. Dan was patient in explaining the short sale process to me and answering my questions. When days before the property was set to close, the investor buying the home walked away, Dan did not give up and found another buyer within days. Ivy at Acacia Loss Mitigation did a wonderful job. She was able to push back my foreclosure auction date to allow time for the property to settle. While I am responsible for a $2,000 promissory note, she was able to negotiate a very affordable payment plan. I could not be happier. I highly recommend the services of the MDShortSaleRealEstate.com team of Dan Grady, ExecuHome Realty and Ivy Loui, Acacia Loss Mitigation.” — Linda H.
