Phoenix Solutions LLC

LIZ ALINA & JAY FELDMAN are Eastern CT's top short sale negotiators and investors. Over the years, they've closed over 50 short sales. Armed with a quality team of negotiators, Phoenix Solutions LLC is accepting short sale files from all attorneys, real estate agents, and homeowners.

REGISTER YOUR FREE ACCOUNT to get organized short sale tracking at your finger tips...

FRUSTRATED AGENTS:

Call us at 860.910.4760 to learn how Phoenix can buy and negotiate the short sale for any of your Seller leads WHILE YOU EARN FULL COMMISSION WITHOUT EVER HAVING TO TALK TO THE SELLER'S BANK!

Phoenix Solutions LLC
255 Route 12, # 619
Groton CT 06340

Elizabeth Alina is a principal of Phoenix Solutions LLC and a CT real estate salesperson with ERA REALTY PROs, Waterford, CT.
Welcome to Phoenix Solutions LLC!

This website has been established to enable Real Estate Agents, Brokers, Investors, Homeowners, Attorneys, Mortgage Brokers and Lenders to manage and view their short sale negotiations in real time. Any registered member who has created an account and submitted a short sale request, can access their important status updates through a simple organized system from beginning to end of the short sale process.



Some important facts from Phoenix Solutions LLC to be aware of:

Perhaps the most important fact to understand is that in today’s economy short sales are a must to sell properties. Since property values have declined nationwide at such a rapid pace, The National Association of Realtors predicted that in 2009 and 2010 over 60% of all properties sold will be short sales or REO properties. It is unavoidable.  If a house is to be sold in today’s market, there is a very good chance that a short sale will be needed in order to get it closed.
Short sales can require many hours of hard work and organization is imperative in order to get them done.  Please be aware that short sales will typically take approximately 3-6 months to complete depending on which state you are in (see below for typical lender timelines), and that is simply because the majority of lenders are overwhelmed at the moment, some receiving as many as 500 or more short sale packages a day!  In some cases, 2 or 3 weeks may go by without any change in the status of a file.
 

Typical Lender Timelines (for each step in the short sale process)  
Get authorization on file with lender 2 days
Compile short sale documents 7-14 days
Get short sale package on file with lender 3-7 days
Short sale package assigned to negotiator 10-14 days
Get BPO/Appraisal ordered 14-21 days
Schedule BPO/Appraisal with agent 5-10 days
Time for BPO/Appraisal to get to negotiator 21-28 days
Negotiate/obtain approval from negotiator 15-20 days
Total: 77-104 days


Please note that these timelines can vary by lender and that the above timeframes are meant to provide a general timeline, again taking into account that nearly all lenders are overwhelmed with short sales. 

This being said, we understand that you may want to be able to frequently check on the status of your property. Since homeowners, agents, investors, attorneys and mortgage brokers can view the current status of the short sale negotiations in real time, this system will free up more of your time to serve your clients, giving you the time we need to negotiate with the foreclosing lender(s) and less time spent talking on the phone updating everyone else that is involved in the sale of the client’s home. Each registered member of the team (homeowners, agents, attorneys and mortgage brokers) will have limited access only to the information relative to the security level granted upon registration.



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