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Q. Why should I choose FAD Home Solutions?

Experience speaks for itself! While many companies claim their "expertise", we are the only company who has Platinum certified short sale negotiators on board who know this field very well. We have a unique process that never fails. Because we have investors in our database who buy properties or defaulted paper, our short sale almost never fail! Buying the non-performing note as an alternative to the short sale, saves the Seller from deficiency judgments.


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Q. What is a short sale and how long does it take

A short sale is a process by which a lender (bank) agrees to take less for a property than what is currently owed (sometimes referred as a short pay as well). When the property value is less than the amount of mortgages (liens) are against the property, banks will consider a short sale.

Each case is different! It can take from one week up to 6 months. Our special Software creates a professional and complete package that is highly appreciated by all lenders. This will greatly expedite the evaluation process and drastically cut the timeline.


Q. What about deficiency judgments or promissory notes?

 Because you never paid the debt in full, some lenders will issue a deficiency judgment or promissory note to settle your debt in full. The chance for this to happen is much less with us because we specialize in buying the defaulted paper. We expedite the short sale approval and negotiate your deficiency judgments, such that you are fully released from the debt.

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Q. Is there any risk, obligation or charge?

You have no obligation or risk to let your professional real estate buyer, access your property and particular situation. They will at no charge, fee, or commission, present you with a positive solution that is “win, win” for both of you.


 
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