You may have done everything right, but in today's housing market, it's becoming more common for responsible homeowners to find themselves with an affordable mortgage. If you or someone you know is facing foreclosure and doesn't know what to do, know that there are better options and very strong reasons to pursue them. Through the new Home Affordable Foreclosure Alternatives Program, or H.A.F.A., you may be eligible for a $3,000 incentive to avoid foreclosure by pursuing a short sale or deed-in-lieu, two dignified foreclosure alternatives.

Independence Title, Inc. along with our team of Attorneys at Adams & Associates, P.A. processes short sales with the purpose of helping homeowners who are struggling with their mortgage payments and provide them with the information, guidance, and actual work that is required to allow the sale of the property.

Please click here for our short-sale package, which contains the checklist of documents required to start the process along with some additional documentation that will help you getting the package together for submission. Once you have the necessary documents to start the process, you can e-mail them to ShortSale@MyTitleCo.com or send them via facsimile to (954) 335-9308.

Once we receive the package, we will underwrite it within 48 hours before sending it to the Lender to make sure that the hardship is stated correctly and that the entire file makes financial sense to the Lender’s Investors. We will then assign your file to one of our internal processors who will take care of submitting, processing and approving your file with the Lender. Upon opening your file with our Short Sale Department you will receive weekly e-mail update from your assigned processor letting you know the week’s activity on your file.

As you may know, our service does not require any upfront fees nor is there any charge to the Seller, Buyer or Realtors. We negotiate our fees with the Lender and it is up to them to approve them. The entire commission that gets approved by the Lender, will be distributed between the Listing and Cooperating Agents.

We appreciate the opportunity to serve you and are certain that our service will be mutually beneficial while maximizing the opportunity to increase your sales volume.  It is our goal to keep you up to date with the latest action in your file so that the current updates can be relayed to all the parties and we help you keep an excellent Buyer retention ratio in all your files. We look forward to working with you and your office and please do not hesitate to contact us with any further questions or concerns.

Short Sale Package