REO/DEFAULT SERVICES
Loss Mitigation
At Service1st, we use integrity and compassion on behalf of the client when dealing with their borrowers. We understand the obstacles with the current economy which is causing more and more delinquencies across the nation. We grasp the responsibility and use every means necessary to avoid continuous delinquency and expense of foreclosure. We work with you to obtain the same goal in protecting your interest in the property. We offer assistance with loan modification or short sale options on behalf of the client. In this process, we would send a real estate professional to collect all necessary documentation and interview the homeowner while we perform an interior BPO to assist with the decision of a loan modification or short sale offer.
- Appointment scheduling
- Assistance in completion of documentation by the borrower
- Copies of driver’s license, social security card, pay stubs or other means of income.
- Provide an interior BPO
- Commentary of borrower interview
- Forward originals via Fed Ex for signed delivery to client