Protection 2: Market Protection

Time is NOT on your side which is why an accepted Loss Mitigation application must coincide with a simultaneous listing of the property - even if your real intention is to keep the property.

Listing the property with a vetted agent immediately provides two very important things:

1 - The time an agent needs to generate a qualified buyer at the current market price.

2 - A hedge against either the Loss Mitigation coming back as a rejection or the remedy not being aligned with your goals. There are no guarantees.

The key here is you're protecting yourself against EITHER outcome.

Which takes us to the third and final potential outcome.