The first mortgage holder took the entire loss in this case. Despite this being an investment property, we were able to ensure no promissory note, no deficiency judgment, and zero out of pocket expense for the seller.
“I wanted to take a moment to express my thanks for the awesome job the two of you did in selling Mayfield Ave. In being a short sale it can be a very difficult and time consuming situation for a property owner. The two of you took this piece away from me and allowed the transaction to be stress free!
Your plan to sell, marketing were on target. In dealing with the lender Ivy did a magnificent job in negotiating a difficult task to say the least! Most importantly you made a deal the was best for ALL parties (seller, buyer & lender).
Thanks again and I will spread the word of your good work!” – Greg T.
