Using application or software for loan mods/short sales?

Question

Does anyone use applications/software/spreadsheets to qualify clients for solutions? To maximize my time, I'm planning submit my homeowner leads' financial statement info to a program in order to automatically calculate debt/income ratio, LTV etc. to qualify them for a short sale, loan mod, or other solutions. Most software I'm looking at is ridiculously expensive (hundreds to thousands of dollars for a simple prog)

If anyone has any recommendations or would like to send a spreadsheet or two my way, it would be much appreciated :wink:

If anyone has any recommendations or would like to send a spreadsheet or two my way, it would be much appreciated  :wink:

Nick Reuter · Answer

Thanks for the mention. I just started doing a trial of our software if you would like. I agree with Darrell though - I don't give promises :) You only get out of any solution what you put into it. No matter what anyone tells you, nothing will do the work for you while checks roll in ;)

Darrell Fitzgerald · Answer

Brandi,

I use OpenRoad3, and it has been a great back office system! With any system you get in what you put out.  It's cost efficient, and easily allows me to manage my deals and leads.  There are others including Short Sale Builder, Short Sale Commander, Short Sale Artisan, Short Sale Management.

-dsf

Maryann L. · Answer

Contact Nick Reuter.  He's part of the BP community here.  He has a very cost effective program for short sales.

Brandi Paul · Answer

I recently heard about the "Open Road" software program and it appears to have some great automating systems for real estate investments and especially short sales/rehabs.  
Does it work as great as it sounds?

John Massey · Answer

Hazel,

Have you looked at Open Road by Realeflow?