Having created the outsource Short Sale Analytics for Short-Sale contracts, Pinnacle REO Services has developed the PASS program to move the analytics for determining value and borrower participation earlier in the default cycle.


The Benefits


  • Moving the Short Sale Review to a Proactive Solution
  • Determine if refinance or loan modification is possible
  • Determination of loss severity from Internal BPO
  • Move time to negotiate recovery opportunity with borrower
  • Higher change to pre-determine acceptable borrower loss participation
  • Save Cost of default Management of foreclosure
  • Having experience distressed REO Agent working with borrower to sell the property should be in better condition and higher value then a vacant REO
  • Buyers Agents will embrace and show listing knowing that Short Sale is pre-approved
  • Shorter time between contract and closing
  • Avoid redemption laws in various states