We are a professional note buying firm. We bypass the shortsale process and buy the mortgage notes directly from the bank. This process protects you from a deficiency judgment and also a 1099. We use pre-litigation steps to stop the banks foreclosure process, then we negotiate the purchase of the mortgage notes. We deal directly with the bank's legal department, bypassing loss mitigation completely. It is a far superior process for you to get rid of a property in default.

Q: What fee do I pay for your services?

After we have recieved your application packet, and approved it, there is a small $97 admin fee charged to the owner. This is the only fee you pay. The fee is 100% refundable if you choose to cancel our services within your 30 day cancellation period. The fee may be paid with credit card or paypal.

Q: When I assign the property to your company, am I really done with the property?

Absolutely. All the work of dealing with the bank is done at that point by you. We notify them and they direct all future correspondence to our company. We stop any foreclosure proceedings and you can rest easy, knowing that you can move on and focus on your life, instead of this huge stress that you have been carrying around.

Q: I have tenants that live in the property and pay rent. Can I still assign it to you?

Yes. We actually prefer paying tenants to already be in place, and we will work with the tenants and/or property management to keep them in the property.

Q: Do you acquire properties in all 50 states?

We do have some limitations on the types of properties we accept, and in what states. For details, call us, or go to our main page, and follow the link there regarding properties we accept

Q: Your company claims to be able to 'purchase' my house in 48 hours. That sounds too good to be true. How is that done?

The property is assigned to our company thru a simple quit claim deed process, and assignment of interest in the property. The documents are very simple and straightforward. We make the assignment process as easy as possible for you. Here is how the process works:

First, you submit your property online for our acquisition process. Second, we do quick research on the property to make sure it’s a fit for acquisition. Third, if the property is a fit, we send you the documents we need to acquire your property Fourth, you sign and notarize the documents, and send them back and then you are DONE with the property, and can responsibly walk away for good.

Q: Is your company doing a short sale?

No. We are negotiating a discount on the promissory note that you have with the bank. Banks are overwhelmed with the number of foreclosures on the market, and many banks are not responding to short sale requests. Our superior approach allows the home owner to walk away from the property responsibly, without waiting months and months to hear back from the bank.

Q: What's the difference between what your company does, and doing a short sale?

A short sale proceeds thru the loss mitigation department. All lenders are swamped with short sale requests, and it is not uncommon for requests to go unheeded for months. This puts the seller in a very difficult position. The foreclosure date approaches, and buyers walk away because the seller cannot get answers from the bank.

We deal only with the banks legal department, and our process gets their attention! Once the property is transferred to our company, we handle all communication with the bank from that point forward. All calls, mailings and communication is completed by our legal department. As the seller, you don't need to worry about the sale or foreclosure of your property any more. You are done with the property, and can move on. Our success rate is much higher than a traditional short sale approach.

Q: Where is your company located?

Our two main offices are located in Seattle, Washington. We will be opening additional offices in Florida, California, Nevada, Arizona and Colorado in the near future.

Q: I noticed on your site you did not ask how much I want for my property. Why?

The price for your property is irrelevant to our acquisition process. When we buy 'subject to' your existing mortgage, no money needs to change hands, and therefore price is irrelevant. You are completely done with the property at that point, and then we negotiate a settlement with the bank on the amount owed on the promissory note (amount of your mortgage). We work with entry level homes to multi-million dollar estates.

Q: When you acquire my property 'subject to' the existing mortgage, doesn't that trigger the 'due on sale clause'?

Yes, but it is irrelevant, as we will outline here. The 'due on sale clause' is a provision in most mortgages that allows the lender to accelerate the loan (call the loan due) if title is transferred without the lenders consent. We are not asking for the lenders permission, and therefore the due on sale clause is triggered and the lender has the right to accelerate the note.

However, since all the properties we acquire are already default, the note has already been accelerated and called due, and so the due on sale clause is irrelevant.

Q: I currently live in my house. Can I continue to live here if I transfer the property to your company?

For our walkaway product, no. We have found over the years that this is not a desirable situation for anyone involved, and thus we have made it a rule to not do this. We can work with you to allow you time to move. However, if your goal is to stay in your property as long as possible, and retain title, we have an agressive strategic default product that will fit your needs perfectly. On average, we can add an additional 12 months to your foreclosure timeline, allowing you to live there mortgage free. For complete details CLICK HERE

Q: My property needs a lot of work (damaged by tenants, deferred maintenance, etc). Do you acquire properties that need work?

No, we do not buy fixers or rehab properties

APPLY ONLINE NOW. A NEW WINDOW WILL OPEN WITH THE APPLICATION. CLICK HERE

Q: I have a tenant in my property, and they need to be evicted. Will you still consider my property for acquisition?

No. We do not acquire properties where a tenant needs to be evicted, as they tend to damage the properties.

Q: Are you a law firm?

No. We are a real estate acquisition firm, specializing in defaulted properties. We work closely with real estate attorneys.

Q: If I transfer my property to your company, will that fix my credit?

Yes and no. We stop a foreclosure from happening, which is extremely damaging to your credit. However, when sellers approach our firm, they are already in default and just want to be done with the property, and their credit is already damaged.

We are not a credit repair company. We do, however, have an excellent relationship with one of the best credit repair companies in the US. They operate in all 50 states, and you can find their link in HERE

Q: I have a foreclosure date coming soon. Can your company still by my property?

It depends. Time is of the essence, as our legal process takes some time to implement. Generally, we like to acquire properties AT LEAST 30 days prior to the foreclosure sale date, however the SOONER THE BETTER.

If the foreclosure date is less than 30 days, we will still consider the property, as our legal staff may be able to delay the foreclosure until the hearing before the judge.

Time is of the essence, and there is a point where we may be unable to assist you and stop the foreclosure, so please do not procrastinate. The sooner we can acquire the property, and begin our legal arguments, the better.

APPLY ONLINE NOW. A NEW WINDOW WILL OPEN WITH THE APPLICATION. CLICK HERE

Q: What is your phone number and address? Are you a 'real' company, or just online?

We are a real company, with brick and mortar offices. Our phone number and mailing address are at the bottom of the page, and our headquarters are located in Seattle, Washington. You may click on the 'about us' page for our physical address.

Q: Can you provide client references who have transferred homes to your company?

Absolutely. you may view our testimonials on our main page, but we can also provide contact information for clients who have given us permission. Since foreclosure is a very personal matter, we do ask permission from clients before we share their contact information. If you need to speak with one of our clients prior to making your decision to transfer your property to our company, we will require that you fill out our online application first, and our sales staff must verify that the property is a viable candidate for acquisition before we contact our clients for permission to speak with you.

Q: My property is currently listed with a Realtor. Can I still sell the property to your company?

Yes. There are two ways for you to do this. First, would be to cancel the listing and do a direct transfer to our company. The second way, if you prefer to have your agent involved, would be to have the Realtor contact our company and sign up as an affiliate, for which they are paid a small referral fee.

It really comes down to whether you want to have that agent involved with your property any more or not. If you do, then have them sign up as an affilaite and we will work directly with them on the transfer to our company. If not, simply cancel your listing, and we will work directly with you. It's your choice.

APPLY ONLINE NOW. A NEW WINDOW WILL OPEN WITH THE APPLICATION. CLICK HERE

Q: My property is currently listed, and the bank has approved a short sale. Why would I use your services, vs. waiting for a buyer?

You are free to wait for a buyer, and try to sell on a short sale if you wish. The problem is two-fold. Lack of available financing for buyers and banks not responding to you. We hear every day of buyers falling thru because they cant get financing, or the bank took forever to respond.

The foreclosure date keeps getting closer the longer you wait, and the market is very poor for finding buyers, and it’s just getting worse. Our process is very fast, and we close in 48 hours, and you are done with the property and can move on with your life. The end result is the same as if you sold it short, but you have it completed with us in just 48 hours from now. Wouldn’t you rather just be done with the whole stressful situation now?

Q: I had a buyer before, and they backed out (lost sale in some way). How do I know you will complete the sale?

Once we review your application, and approve the property, we give you a list of documents we need, and also email you our documents for you to sign and notarize. The only way the transfer would not go thru is if you had misrepresented the property to us, or if you didn’t get the required paperwork to our office. Really, the only way the transfer will not happen is if you do not follow thru in some way.

Q: We have an offer on our house, but it looks like it may fall thru. Can you buy our house if we have an offer on it?

Yes. You will need to cancel any pending offers, and then we can acquire it right away.

Q: There are back taxes owed on my property. Would I need to pay those before I transfer title to your company?

No. Once title is transferred, taxes and other fees are negotiated with the bank as part of the settlement process.

Q: Do you have local representatives that I could meet with in person to discuss your services?

Our main offices are located in Seattle, Washington. Once you have filled out the application, and our sales staff has determined that your property fits our acquisition requirements, the next step is to fill out the required paperwork. Since many of the sellers we work with are out-of-state, most choose to do business via phone, email and mail. However, if you are local to Seattle, or would like to make a trip to meet in person, we are more than willing to conduct our business in person.

We will be opening additional offices in Florida, California, Nevada, Arizona and Colorado in the near future.

Q: My property has multiple loans (2nd, 3rd, 4th mortgages, etc). Can I still transfer it to your company?

Absolutely. The number of liens on the property is irrelevant.

APPLY ONLINE NOW. A NEW WINDOW WILL OPEN WITH THE APPLICATION. CLICK HERE