Program Overview

Program Overview The Home Decision Wizard is the essential business tool for real estate and loan professionals in today's market. It’s the fastest, easiest and incredibly thorough way for you to help homeowners compare the benefits of obtaining a loan modification to those of a short sale on their over-encumbered property. Depending on your real estate background, you may be more knowledgeable about one of these choices than the other. We have taken that into account...To accurately use the software all you need is some very basic knowledge about real estate and your local real estate market. The same knowledge you use in your everyday business. The Home Decision Wizard simplifies the process by walking you through the required information. You simply choose the desired analysis, ask your client for the information required, plug in the numbers, and sit back and let the Home Decision Wizard elevate your status from a sales person... to that of a valued real estate consultant. Why??? Because once you have entered your Loan Modification and Short Sale data, the Home Decision Wizard projects both scenarios into the future for an easy side by side comparison---and this is exactly what your clients need to make clear informed decisions. The analysis focuses on three main issues while comparing a loan modification, short sale, and just plain renting: 1. The owners net equity position 2. The monthly cost of housing (after deductions) 3. The effective cost of housing (Total cost of housing offset by net equity) This program is user friendly and intuitive. You will find a description of each analysis clearly available at each step in the analysis process.