How does GC Investments, Inc. operate?
We work directly with homeowners, agents, lenders, and title companies to successfully complete short sale transactions. After a free consultation to discuss options with sellers regarding the foreclosure process, we negotiate pending offers with the seller’s lenders. After successful negotiations have been completed, we coordinate the transaction for a quick and concise closing.
As an Agent / Broker, can I do what you do?
The short sale process is not an easy one. They are very time consuming and can be difficult. Many brokers and agents utilize our services, so their skills can be best utilized in the field, as opposed to on the phone all day trying to get in contact with lenders. Our negotiation staff is here full time to take your file and give it the attention it deserves. Since we have built relationships with lenders over the years, our staff can navigate through the banks with ease.
How is GC Investments, Inc. Compensated?
There are no upfront or backend fees charged to anyone in a transaction with GC Investments, Inc. After we successfully negotiate the transaction, and we purchase the property from the seller, we will make our money on the resale the property.
As an Agent / Broker, how do I get compensated?
Referring Agents will get paid through normal listing commissions. We negotiate with lenders to allow full 6% commissions to be paid in the transaction. The 6% commissions will be split with 3% on the listing agent side and 3% on the buyer’s agent side.
What is the typical timeline in a short sale transaction?
Every short sale is unique. Depending on the timeframe to the foreclosure date, lenders will operate with a different sense of urgency. When a complete short sale package is submitted to the bank, it can take anywhere from 30-90 days before the final approval is given to that offer. Our negotiators work as diligently as possible to shorten that timeline. Once the approval letter is in hand, lenders normally give 30 days to complete the transaction.
Will GC Investments take on every lead submitted?
Not all properties submitted will fit the ideal mold for a short sale. GC Investments, Inc. will analyze every deal that is entered into our system. Area, LTV, Property Condition, Timeline to Auction, are major factors that are considered for every lead.
As an Agent / Broker, how do I set proper expectations with my clients?
Short sales have potentially long processing periods. It is important for both buyers and sellers to understand that patience is important, because nothing is guaranteed. Our acquisition reps will need to speak directly with the sellers to let them know our process and to maintain good communication throughout. We will not guarantee any specific results, but since our profits are made through the closing process, we work as persistent as possible to make sure we have the best chance at closing the short sale transaction.
How can start submitting leads for your services?
Call us at (503) 914-2744 or Click on the submission form on the right side and fill out the required information. Once the lead is submitted, an email is generated to our staff to inform them a new lead has been entered. One of our acquisition reps will contact you to get the process started.
Call us to learn more (503) 914-2744
