In an effort to stem the foreclosure tide, Foreclosure.com and LoanResolve.com have joined forces to help connect distressed homeowners with potential buyers, working direct with their lenders to negotiate reduced purchase prices that will appeal to homebuyers and investors.
It’s a process that is often referred to as a “short sale;” however, LoanResolve and Foreclosure.com will simplify and shorten what is often a complicated and lengthy process.
Here are some thoughts from Foreclosure.com Founder, President and CEO, Brad Geisen, on the exciting new partnership:
“Between both companies we have relationships with most if not all of the major lenders today. We can work with them and the homeowners to reach favorable solutions that help reduce foreclosure situations, provide relief for distressed homeowners and create deals for future homeowners.”
According to Geisen, it’s an all around win-win situation for everyone involved because literally no one usually wins in a property foreclosure.
LoanResolve, which has designed a state–of-the-art foreclosure resolution and loan modification engine, helps distressed homeowners avoid foreclosures by working within their lenders’ loan resolution, loan modification and short sale processing services to quickly implement solutions that ensure compliance with lender requirements.
In fact, LoanResolve offers borrowers an online tool that helps them proactively research ways to resolve a delinquent or potentially delinquent loan with their lenders. As a last resort the company provides an online tool to quickly process property sale transactions.
Based on information borrowers provide concerning their loans and their lenders available resolution options, LoanResolve assists the borrower and lender in coordinating rapid approvals toward resolutions.
Once this rapid process is complete, Foreclosure.com will then list those properties on its Web site and drive traffic to them –- more than five million interested buyers each month. In addition, Foreclosure.com will provide visitors with the opportunity to make offers and contact the listing brokers for more information on the featured listings.
Here’s LoanResolve President, Jim McArthur:
“The flexibility and compliance expertise that LoanResolve offers with its document solutions is the right fit for Foreclosure.com’s short sale property liquidation needs. We work closely with both the lender and borrower in developing and executing solutions lenders can quickly implement.”
For more information and to learn more about how to either search these short sale listings or to have your home listed among them just click here.



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