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Frequently asked questions

 

Q. Where can I get all the documents needed to close a pre-foreclosure deal?

A. All necessary documents are available on the web portal and can be easily downloaded.

 

Q. What if the property has any liens or judgments, will I be responsible for them at closing?

A. No, Syntegral Consulting also settles all liens and judgments on your property, and brings it to closing clean and clear.

 

Q. Who will provide the title work?

A. Syntegral Consulting has numerous experienced title companies that can close in 3-5 business days.

 

Q. Every homeowner I speak to automatically tells me that he/she will take care of the problem themselves, what should I say to them in order to change their mind, and convince them that I can help?

A. With Syntegral Consulting, you will be provided with various scripts and rebuttals in order to close a client. You have to keep in mind that these homeowners are in distress, and very upset with their current financial situation. Many will be a bit hesitant at first, but once you explain to them why it is in their best interest to let you help them, most will see the logic.

 

Q. Why can’t I do this myself?

A. Closing a pre-foreclosure deal is not easy, to say the least. It takes a lot of research, analysis, due diligence, and most importantly, relationships and reputation with major banks holding the defaulted mortgages. It is a very delicate process that can be thrown off by the slightest wrong move. Why risk it when Syntegral Consulting has a proven, solid track record. Syntegral will do all the dirty work for you, and best of all, we take all the risks.

  

Q. How long does this process take?

A. A deal from origination to funding can take anywhere from 30-90 days.

 

Q. Wouldn’t it be easier to just call these homeowners, or send them a letter?

A. We have learned from experience that nothing works better that face to face contact with a distressed homeowner. You have to remember, these people are in a terrible financial situation, and a letter or phone call doesn’t leave an effect of that of a warm face. Plus, these homeowners are getting many pieces of mail everyday, and most of the time they do not even read them. Its a little leg work to visit each client, but the rewards out way the work tremendously.

 

Q. Why is real time market data important in being successful in this business?

A. With our web portal system, you will always be up to date with the latest foreclosure listings, properties for sale, and what is going on in your market. This is the edge that our web portal technology has over all other firms, we work in the real time market. Being a member of our portal guarantees that before anything in the market happens, you will know about it.

   

 

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