Foreclosure.com and LoanResolve.com Forge Partnership to Connect Distressed Home owners With Eager Purchasers

Boca Raton, Fla. (PRWEB) July 22, 2008

In an effort to stem the foreclosure tide, Foreclosure.com and LoanResolve.com have joined forces to assist connect distressed homeowners with possible purchasers, operating direct with their lenders to negotiate reduced obtain costs that will appeal to homebuyers and investors.

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It really is a process that is usually referred to as a “quick sale” even so, LoanResolve and Foreclosure.com will simplify and shorten what is typically a complex and lengthy approach.

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“In between each firms we have relationships with most if not all of the significant lenders right now,” said Brad Geisen. “We can operate with them and the homeowners to attain favorable options that support lessen foreclosure conditions, provide relief for distressed home owners and produce offers for future property owners.”

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According to Geisen, it really is an all around win-win situation for everybody involved simply because actually no a single normally wins in a house foreclosure.

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LoanResolve, which has designed a state-of-the-art foreclosure resolution and loan modification engine, helps distressed home owners avoid foreclosures by operating inside their lenders’ loan resolution, loan modification and brief sale processing services to swiftly implement solutions that make sure compliance with lender specifications

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In truth, LoanResolve gives borrowers an on-line tool that assists them proactively research techniques to resolve a delinquent or potentially delinquent loan with their lenders. As a final resort the organization provides an on the web tool to rapidly process home sale transactions.

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Based on information borrowers offer concerning their loans and their lenders offered resolution possibilities, LoanResolve assists the borrower and lender in coordinating rapid approvals toward resolutions.

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When this fast process is total, Foreclosure.com will then list those properties on its Web website and drive traffic to them — much more than five million interested buyers each month. In addition, Foreclosure.com will supply guests with the opportunity to make provides and speak to the listing brokers for far more details on the featured listings.

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“The flexibility and compliance expertise that LoanResolve delivers with its document solutions is the correct match for Foreclosure.com’s short sale house liquidation requirements,” mentioned Jim McArthur, President of LoanResolve. “We operate closely with each the lender and borrower in creating and executing options lenders can speedily implement.”

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For more information and to discover much more about how to either search these short sale listings or to have your residence listed amongst them please pay a visit to https://shortsale.loanresolve.com/Default.asp.

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About Foreclosure.com:&#13

With more than 1.eight million foreclosure, preforeclosure, bankruptcy, FSBO and tax lien listings in a single location, Foreclosure.com delivers America’s biggest and most correct searchable database of foreclosed residences and investment house info to its customers and business partners. Based in Boca Raton, Florida, Foreclosure.com performs with hundreds of leading lending institutions and government agencies to list diverse home types on its Net internet site, such as True Estate Owned (REO) Department of Housing and Urban Development (HUD) Division of Veterans Affairs (VA) Fannie Mae and other government agency and monetary institution properties as properly as listings from an comprehensive network of corporate sellers. On the Web: http://www.foreclosure.com.

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About LoanResolve.com:&#13

LoanResolve, which is headquartered in Saint Petersburg, Fla., is a major technology solutions provider to the monetary sector that maintains operations all through the United States and Canada. The organization offers items and services for home owners at risk of foreclosure, mortgage servicers and legal firms involved in default resolution. LoanResolve’ solutions contain Net based integrated workflow solutions and specialist services. Customers incorporate mortgage servicers, banks, credit unions, mortgage lenders, mortgage insurance coverage companies, genuine estate organizations, title organizations, and foreclosure attorney firms, of all sizes throughout the United States. The business is privately held, For much more details on LoanResolve Services pay a visit to http://www.LoanResolve.com.

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Media contact:&#13

Thomas Myers&#13

Foreclosure.com&#13

tmyers @ foreclosure.com

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