HOW DO WE DO IT?
OUR PROCESS
Our process is a simple one. We approach the bank and tell them we are interested in buying the house, that you're interested in selling the house to us, but we need to agree on a price. You see, most banks are dealing with a tremendous amount of foreclosures, so they've set up loss mitigation departments. These departments are responsible for handling the short sales and pursing any alternative to foreclosure.
The preferred method favored by most banks for selling a property in pre-foreclosure is called a short sale. This is when the lender agrees to accept less than what's owed on the property as a full-payoff, and they may consider the account closed.
We are the experts in this field. Banks do not want to own real estate, they do not want to be in the real estate business. Strict federal guidelines exist on how many bad loans a bank can have on its books at one time. This is where we come in as an approved investor we have a strong likelihood of getting the job done!
We specialize in working out a solution.
Foreclosure is a losing proposition for everyone!
KRC Enterprises
1354 East Avenue, Suite R309
Chico, CA 95926
530-228-4996
