Pre-Foreclosure Resolution

Short Sale, Made Fast, Easy & Defensible for Banks and Servicers

Resolution begins before foreclosure does. Globecore engages homeowners who are underwater — directly and cooperatively — and models the short-sale-versus-REO recovery decision early, on documented inputs, so the highest-leverage call in the lifecycle of a defaulting asset is never made too late.

What We Resolve

  • Pre-foreclosure & short sale
  • Underwater & defaulting borrowers
  • Short sale and REO as one workflow
  • Residential & commercial assets

A national network that reaches the homeowner first, paired with a valuation and resolution engine that prices both recovery paths before capital and clock are spent on either.

Institutional & Banking Experience

Backed by real institutional & banking experience

Past Clients

Chase
Wells Fargo

Past Acquisition & Disposition Experience Involving

AMH / American Homes 4 Rent
Tricon
Invitation Homes
Blackstone
Why Short Sale, Why Early

The most expensive decision is the one made too late

A short sale is too often treated as the fallback — the thing you reach for only when foreclosure looks worse — and the call gets made late, on a stale valuation and a gut read. Made early, a short sale protects recovery. Made late, it costs the full foreclosure stack: legal, carrying, loss severity, and compliance. Globecore makes the call early and documents it.

  • Early, cooperative borrower engagement
  • Short-sale-vs-REO modeled, not guessed
  • One reconciled, committee-ready price
  • Investor-guideline-aware resolution
  • National on-the-ground execution
  • Full audit trail, built in
The Wedge

Two things at once — the technology and the network

The technology without the network is a dashboard. The network without the technology is a call center. Globecore is both.

01

Reach the Homeowner First

A national network engages underwater borrowers directly and cooperatively — before foreclosure is the only road left.

02

Price Both Paths

One asset, short-sale and REO recovery modeled side by side — net proceeds, timeline, carrying cost, and compliance exposure.

03

One Documented Price

CMA, BPO, and AVM reconciled into a single defensible recommendation that carries a package through committee — without a second round of ordering.

04

Execute & Close

Agents matched to the asset and your commission matrix make contact and close, with the approval workflow and timeline captured as the file moves.

What You'll Measure

The board-level scoreboard

Resolution aligned to recovery, not to activity — measured the way an investor report and an audit measure it.

01

Recovery Rate

Net proceeds measured against unpaid principal balance.

02

Loss Severity

Outcome versus the foreclosure path on the same asset.

03

Carrying-Cost Days

Days of advance saved by an earlier, documented decision.

04

Days to Strategy Lock

How fast the short-sale-vs-REO fork is priced and committed.

Who We Serve

Built for institutional sellers, banks, and servicers

Banks
Mortgage servicers
Private lenders
Default asset managers
REO asset managers
NPL & distressed funds
Hedge funds
Family offices
The Cost of Waiting

Every day in default is recovery you don't get back

The most expensive decision is the one made too late. When a short sale is treated as the fallback, the call gets made late — on a stale valuation, a servicing note, and a gut read on whether the borrower will cooperate.

$50K+

Cost of a completed foreclosure

All-in, per asset — legal, carrying, maintenance, and loss severity (industry-cited).

12–18 mo

Time a contested file can take

From default to cleared title in judicial states — pure carrying cost.

2×+

Loss-severity gap REO can carry

Versus an early, cooperative short sale on the same asset (illustrative).

Industry-cited and illustrative ranges; actual figures vary by asset, jurisdiction, and investor guidelines.

The Recovery Fork

Model both outcomes before committing to either

The short-sale-versus-foreclosure call is the highest-leverage recovery decision in the lifecycle of an asset in transition. We price both paths on the same asset — before capital and clock are spent on either track.

Source

Asset in transition

Every file enters here. The fork below is where recovery is won or lost — modeled, not guessed.

One documented recommendation. One asset, both paths priced — before capital and clock are spent on either track.

One Workflow, End to End

Short sale and REO — run as one workflow, from day one

Resolution begins before foreclosure does. The technology makes the decision; the network makes contact and closes. Valuation and strategy are where the fork lives.

04The Fork

Valuation

CMA, BPO, and AVM are reconciled into one defensible price with the reasoning attached — committee-ready.

Intelligence loop — every resolved file makes the next decision sharper. Steps 04–05 are where the short-sale-vs-REO fork is priced.

Aligned to Recovery

Resolve underwater assets before foreclosure is the only road

A 1% platform fee to the institutional seller, aligned to recovery — not to activity. Bring Globecore the asset in transition and we'll price both paths before capital and clock are spent on either.

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