You’ve heard the television ad stating “your insurance company has a lawyer, why shouldn’t you?” Well, with respect to your home and foreclosure SEL Capital, LLC says the same thing, “your lender has a loss mitigation team, why shouldn’t you?”

SEL Capital has been in business for a little over two years helping homeowners in and around the central Florida area to save their credit by short selling their home instead of going the foreclosure or deed in lieu avenue.

SEL knows that not having a foreclosure on the client’s credit report will allow them to purchase another home in a much shorter time frame, sometimes as little as two years. According to FHA guidelines, a short sale homeowner may purchase again after two years. Many would like you to believe that there is no difference between short sale and foreclosure, but there is a significant difference if you do not intend to file bankruptcy.

SEL Capital noticed that there was a need for their services when clients were coming to realtors and asking for help selling their homes and found they could not sell because the amount owed on the property was much more than the property’s worth. SEL Capital will work with any realtor that requests their services. Homeowners also have contacted SEL Capital on the advice of their friends and family who have used SEL Capital in the past. There is no cost for the services of SEL Capital to any homeowner. SEL Capital gets paid by the bank or through the sale itself. We never charge the homeowner for any short sale services.

The company has a 100% success rate in closing short sales which is unheard of in the loss mitigation world. By this we mean that we have not been turned down by any lender nor have we had to close the process because the deal could not be negotiated. The usual percentage quoted by the Wall Street Journal and others is around 22%. In the past two years SEL Capital and its Director of Loss Mitigation, Sherri Glynn, have taken extensive courses on the subject as well as becoming familiar with various lenders and learning their way of handling a file. Each lender is unique unto itself and it is an absolute must that your mitigator must know how to expedite the file, or your property could stay in the ‘loss mitigation black hole’ for months. Sherri has built a partnership with many of the lenders who realize that she is working for the client for the short sale but also working for the bank so they will not have to face the cost of foreclosing. This partnership has been worth its weight in gold, as many times it has saved properties on the brink of auction.

The current trend of loan modification has also opened new avenues of assistance for SEL Capital. It is true any homeowner can do their loan modification themselves, but our company has found that the results are not as good as they could be if someone who is not emotionally involved handles the negotiation for the homeowner. There is, however, a small charge for this service and that is paid when the modification has been accepted by you. There is never an up front fee.

To find out the particulars of the short sale process or the loan modification process fee free to call SEL Capital and speak to any of their knowledgeable staff. There is never any pressure on you as we feel that life is stressful enough without us adding more. But knowledge is power and if you want the power to prevail and short sale your home or modify your loan you need to speak to the experts right here in your own backyard, SEL Capital. It does not matter if you are currently working with an agent to sell your home, we work with all agents. SEL Capital has many satisfied clients and can supply references should you request them.

Call us today at 352-227-4009. You could be living in your next home in as little as two years. There is a brighter tomorrow.