JULY 10th 2008
Professionals Help Homeowners Manage Stack of Paperwork and Bank Negotiations

LOS ANGELES – July 10, 2008 – Los Angeles homeowners struggling under the weight of their mortgage payments have a new resource in their corner. Beverly Hills-based Istar International Realty has launched a new service providing professional consultation to help homeowners negotiate through the confusing legal process of a short sale.

“We want to partner with the stressed-out homeowner to ensure that they have the best negotiating power and the best customer service when negotiating for a short sale,” said Ikem Chukumerije, broker and chief executive offer with Istar International Realty. “It is really a tough situation and its better to hire a professional to help you through the process.”

During a short sale, the homeowner is often not the most preferred customer with the mortgage lender and is often subject to unprofessional customer service, strong negotiating tactics and processing delays. Istar International Realty has representatives that are already experienced in the short sale process and ready to help the struggling and confused homeowner. According to Chukumerije, homeowners often try it alone and complete all of the paperwork just to have the bank deny the short sale.

“How much success does a stressed out homeowner think they will have against a professional banker that handles short sales everyday,” he said. “We stand up for them in their corner and walk them through the entire package of paperwork while negotiating the best deal and keeping them in the loop the entire way.”

Along with the new short sale division, Istar International Realty also features a Real Estate Owned (REO) Division as well as traditional residential and commercial real estate divisions. For more information on Istar International Realty, please call them at 800-783-1421 or visit them on the web at www.istarinternational.com.

About Istar International Realty
Beverly Hills-based Istar International Realty, Inc is a privately-held company for which a host of professional real estate services are rendered. Our endeavors include a broad range of successful pursuits in real estate, including residential, commercial real estate sales, investments, developments, and financing.

Our integrity, professionalism, and vast market knowledge help us guide our clients through their real estate transactions. Our emphasis on superior personal service assures our clients of our commitment to their satisfaction, whether buying or selling. -more- Whether representing real estate developers or first-time homebuyers, we bring the same unsurpassed level of local market knowledge and research to each transaction. When a customer works with Istar International Realty, they are not hiring an agent, they are hiring the entire company.

For more information on Istar International Realty, please call them at 800-783-1421 or visit them on the web at www.IstarInternational.com.

Media Contact:
Ikem Chukumerije
Broker/CEO
Phone: 800-783-1421
www.IstarInternational.com


ISTAR International Realty