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Williams & Williams Partners with iServe to Offer Short Sale Solution

""Williams & Williams"":http://www.williamsauction.com/, a real estate auction company, partnered with distressed asset management company ""iServe Default Management Solutions"":http://www.iservecompanies.com/ to provide a complete end-to-end short sale solution.

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The partnership combines Tulsa-based Williams & Williams' reputation for bringing a high market value on assets through the auction process with iServe's customer-centric staff, which will handle the needs of borrowers and lenders throughout the pre-foreclosure process.

""The mortgage industry is continuously looking for innovative, well-designed pre-foreclosure solutions to address a borrower's immediate circumstances, while ensuring long-term stability for their organization and investor returns,"" said Louis Amaya, CEO and president of iServe. ""Our collaborative effort with Williams & Williams enables us to offer lenders a complete front to back-end remedy with the convenience of a single point of contact.""

The new short sale solution is available to lenders in all 50 states.

""No one in the real estate industry wants to see more foreclosures,"" said Elsa Lewis, EVP of default disposition solutions for Williams & Williams. ""At the same time, it is in everyone's best interest to provide relief to all parties and ensure the market is supported from a value perspective. Our partnership with iServe ensures the needs of lenders and borrowers are well handled by risk management professionals on the front end and the marketing and sale of each property is handled by experts on the back-end.""

About Author: Esther Cho

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