I have been involved in the Real Estate business for over ten years. In 2006 I personally went through a divorce that altered my life and caused me to become a distressed home owner. I personally understand the stress and anxiety that come with the foreclosure process. That experience instilled a passion in me to assist home owners and help them through the process and that is what started my journey towards becoming one of the premier Short Sale Specialists in the Baltimore Real Estate Market.
In today’s very turbulent economic times when financial ruin seems inevitable and foreclosure or bankruptcy seem to be the only answer for a home owner in Distress, Dan McDevitt is the Foreclosure Alternative Expert that you want by your side.
Short sales are the ultimate win-win for the borrower and the lender. Short sales are more beneficial to a lender than a foreclosure because they are not in the business of managing and owning property and short sales are less expensive than completing the foreclosure process.
Short sales are more beneficial to the borrower because they don’t end up with a foreclosure on their record, they avoid the humiliation of foreclosure, their credit is effected much less than it is with a foreclosure and in most cases the upside down debt is completely erased
I have negotiated and closed Short Sales with loan servicers such as American Home Mortgage, Chase, Citi Bank, Bank Of America, Wells Fargo, Ocwen, Lendmark Financial, Washington Mutual, Wachovia, Bogman Inc, National City, HSBC, Countrywide, Met Life, Suntrust, Nationstar, First Horizon, M&T and several local credit unions. I have also successfully negotiated thousands of dollars in past due Home Owner Association and Condo fees down to pennies on the dollar.