Hello everyone I am Matt Fetick with Sold By Short Sale, Philadelphia’s leading short sale specialist, thank you for joining me today. I wanted to take this time to talk about working with GMAC mortgage on a short sale file. I recently finished a GMAC short sale for a client in the Philadelphia area and everything went according to plan. The most impressive part of working with GMAC on this short sale file was that we were able to get an approval in only twenty one days. Normally a short sale file will take between sixty and ninety days to get approved so we were astonished to hear back from GMAC in a mere three week time period. The sellers did everything they could to get the best price by keeping the house in great shape for showing to potential buyers. Our team has a great relationship with Citi Banks negotiation department and we were able to get GMAC to accept payment in full on the short sale. This particular client was very upside down on their mortgage but we were able to save our customer over one hundred thousand dollars. If you are facing foreclosure or considering a short sale please contact me or visit my website today. Even if your mortgage is not with GMAC Bank I would still love to sit down and discuss what I think are your best options. Thank you for your time and have a wonderful day.