Spreading the word from our Sister Company, Short Sale Mitigation.net – The Short Sale Closers:
Attention all agents who list short sales:
Nationstar forces homeowners who already have a home under contract (that an agent has already open MLS listed and marketed) to use auction.com to get more offers, causing serious liability for all involved.
We feel once a Realtor has marketed long enough to get a solid offer the servicer (Nationstar) should respond to that offer to see if it meets the investors minimum net proceed requirement – NOT open up liability and cause problems for the buyer, seller, and agents to see if they can get alternative offers and waste more time and money through auction.com.
For more information, read these blog posts by Maryann of Short Sale Mitigation:
- Owcen and Nationstar sending short sales to HUBZU and Auction.com
- So did you have a short sale taken over by Auction.com or HUBZU? Sign the petition.