Here is another letter from a client that I did a Short Sale for. The sale of the home was for about 50% of what was
owed, so the bank got about 50 cents on the $1. When I first met with
the sellers, they were making an almost $3,000 payment on a home that
was worth $112,000. Crazy, huh. Well, it all worked out in the end.
Feel free to pass this letter to someone who is skeptical about short
sales.
Mike Sher
To whom this may concern,
Mike Sher helped us short sale our home in Royal Oak recently. He negotiated with the bank and took care of everything. We had some
problems with a buyer that walked away right before closing but Mike
told us everything was going to work out. He immediately took the
necessary steps to get us another buyer. We have heard a lot of stories
of people being thrown out of their home by the bank or abandoning
their home without leaving a forwarding address for fear the creditor
would follow. We did not want to be that person.
Mike not only found us a buyer, but helped us redeem the deed from the bank and we closed without being foreclosed on. When faced
with such uncertainty, it was comforting knowing that we had an honest
person working for us. It was refreshing to have a normal closing with
the buyer's across the table, and us being able to give them keys. It
is never easy being in this situation; however Mike made this
experience less painful.
Now that the Short Sale is over, we do not have to worry any more about our home or about collectors calling us. Since we have closed on
the home, we have not had a single call or letter from our old mortgage
company. We would recommend Mike to anyone who is facing a
foreclosure or just can't sell their home because they owe more then
what it is worth.
Sincerely
Michelle and David
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