Raffi Tal has been successfully executing short sales since the early 90's and currently oversees all files as the company’s EVP. Under Tal’s leadership, I Short Sale, Inc. has become one of the nation’s leading firms in short sale volume. As an authority in the field of loss mitigation, Tal has been a guest speaker on the issue in various conferences, seminars and for a variety of media outlets.
We negotiated this short sale and obtained a bank short sale approval for this West Hollywood Triplex. The owner bought it as investment for $1,000,000 and obtained a loan for $975,000. Immediately after the purchase, a drop in property values as a result of a declining market whittled away at the equity until the owner owed more than the property was worth. Furthermore, rental income didn’t cover the expenses. Foreclosure would have been the inevitable outcome. I Short Sale, Inc negotiated the short sale settlement for $550,000, freeing the investor from burdensome debt.
Call us 877-907-4678 or info@ishortsale.com
Lender references have been removed from the above to proetect lenders' proprietary rights.
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