Rapid Property Relief, Llc Asked To Speak About Short Sales In Massachusetts
Rapida Property Relief, LLC of New Hampshire and Massachusetts spoke recently at two Northern Massachusetts Real Estate Offices about short sales for homeowners in distress.
- Boston, MA-NH (1888PressRelease) August 10, 2010 - Rapid Property Relief, LLC a preforeclosure acquisition company specializing in short sale purchasing and negotiation was asked to speak at two different real estate agencies in Massachusetts about short sale purchasing, new guidelines, and negotiation.
"We are pleased to be able to develop relationships with local agencies. Even though short sales are such a large part of the Massachusetts real estate market, there is still so much confusion over them and we were honored to be asked to speak," explains Nick Aalerud, Co-Owner of Rapid Property Relief, LLC. "There are many agents who still don't understand short sales, and being one myself, and an investor, I have a very well rounded understanding of the process. Our team has negotiated over 2300 successful short sales and we couldn't have done that without the assistance of our local market Realtors."
Rapid Property Relief, LLC assists homeowners in avoiding foreclosure by putting a cash offer on the property and negotiating a short sale. A short sale is an extremely popular way to avoid foreclosure and if done correctly a homeowner can avoid deficiencies and be released of the lien on the property. Rapid Property Relief, LLC is currently working with numerous homeowners throughout Massachusetts and New Hampshire on the purchase and negotiation of their property.
Both owners of Rapid Property Relief, LLC spoke at Century 21 Landmark in Chelmsford and Royal Realty in Methuen. Both agencies are in Massachusetts.
"There is a lot of misinformation about working with investors on short sales. We aim to clear up the confusion because it's a win win situation for everyone involved with the short sale when working with us. The homeowner wins because they can sell their home and start over to rebuild their credit, the agent wins because we guarantee commission protection, their home doesn't sit on the market for months, and we know the process and won't walk, we win, and the lender wins because they get rid of the non-performing asset," says Nick.
A short sale is where the lender takes less than what they are owed on the property. Rapid Property Relief, LLC acquires and negotiates short sales. The biggest obstacle is making sure the homeowner is released of the lien and all deficiencies. In Massachusetts and New Hampshire a lender has up to 20 years to pursue that deficiency.
Nick explains we will see another big wave of delinquent mortgages. "We've seen the housing bubble burst, and now we are seeing the actual effects of the economy with distressed property. People who even may have equity, but have lost their jobs."
Rapid Property Relief, LLC is a pre-foreclosure acquisition and negotiation company located in New Hampshire and providing services to homeowners in Massachusetts and New Hampshire. Their team of negotiators have successfully completed over 2300 short sales. For more information you can log onto their website at http://rapidpropertyrelief.com
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