A web-based, offer-processing service that puts the lender first-in-line to receive all offers directly from a buyer's agent, preventing fraud and ensuring greatest loss recovery.
VerifiedShortSale was created to resolve problems in the short sale process. It is a web-based, offer-processing service that simultaneously delivers the terms of a buyer’s offer directly to a home owner (seller) AND decision-maker at the bank, government or institutional holder of the Note. The digital paper trail established by VerifiedShortSale virtually eliminates the possibility of short sale fraud.
By allowing buyer’s agents to submit the financial terms directly to the homeowner AND note-holder (who has already authorized a short sale), there is significant time savings on the review of the offer. Plus, for the first time, all agents are guaranteed that their offer is received and reviewed by all required parties.