Comments on: How To Get Quality Short Sale Training For Free! [Video]

By: Barry Cunningham

Barry Cunningham — Mon, 01 Aug 2011 18:53:03 +0000

ty vincent!

By: vincent resto

vincent resto — Mon, 01 Aug 2011 01:18:07 +0000

I would like to Thank you guy’s for awesome teachings. Not many like you, you guys are gifted and will love to learn more.

By: Janet Riggs

Janet Riggs — Fri, 04 Feb 2011 12:40:37 +0000

Enjoyed your video. I have a friend wanting to purchase a short sale so am trying to learn all I can.

By: Jane P

Jane P — Fri, 29 Oct 2010 10:54:40 +0000

I am intrigued by this offer — and eager to learn more about the short
sale process. I’ve had one short sale transaction to date, as a very new agent. Despite having a buyer, the bank chose to foreclose. Obviously, I need more training.

By: Lee

Lee — Mon, 25 Oct 2010 21:44:49 +0000

I think its great that your willing to offer training and support especially with the Hud 1 generator for subscribing to your channel.
Thanks for the help

By: Barry Cunningham

Barry Cunningham — Wed, 20 Oct 2010 13:15:43 +0000

Hi Terry,

you ask if YOU can do an assignment of mortgage. Do you own the mortgages? The owner / holder of the mortgage is the entity that can assign. If the mortgage is held by a bank, I think it will never happen. Maybe..but doubtful. When you say ” gotten the signature from the owners” are you going to ask them to assign a mortgage to you? Too many questions based on what you wrote.

I’m not sure what courses you have taken but they have obviously confused you and given you some really bad information. Trying to find mortgage holders who will assign you their mortgage is going to be a tough business. Yes, I have done it but it has been on defaulted mortgages and from private mortgage holders. I have also been involved in buying a trnache of defaulted notes from a bank but it was a bundle of $50Million.

Working the asignment of mortgage angle is tough and you need cash behind you to make it happen. The entire scenario you outline is a bit outlandish and maybe what some guru proposes, but in the real world highly unlikely. People try to teach people loopholes and tricks. There’s only one way to get these deals done and it’s with the knowledge to get them done right. There is tremendous opportunity out there, now and in the future. Get your legs under you now and you will be able to take advantage of these opportunities.

By: terry mcgovern

terry mcgovern — Wed, 20 Oct 2010 11:53:06 +0000

I am about to puchase two properties in the state of Maryland and want to know if I can do an ASSIGNMENT OF MORTGAGE once I have goten the signatures from the original owners, as long as I have proper documentation. WHAT are the proper docs, I need? If I have a cash buyer or the normal conventional borrower at the table (so to speak) why not just assign over the note to the third party and they then produce the amount agreed upon to pay off the lender/servicer and complete the deal. I get my money as the A to B to C (A=original owner and bank; B=investor ME; C= the end user now owner of the property) Therefore I need no cash at settlement except for, incidentals, and the deal is done. Also in the state of Maryland we have transfer taxes and pay these with each transaction made on this deal any way to avoid this or will the bank pick it up thru the negotiation process? I do get conflicting answer from realtors and title co. Yet I do not trust their opinion and will not use them in the future..
Also I have taken all these courses paid ridiculous amounts, and feel like I know the answer but need some confirmation on these things and it seems from chris mcgauglin and Nate to DC Fawcett and the rest is I need to buy something else. I want to do this in a big way yet want to do it right for not only the people in distress but i must say MYSELF

By: Blah...Blah..Blah..Home Foreclosures Are Up

Blah...Blah..Blah..Home Foreclosures Are Up — Mon, 16 Aug 2010 16:54:14 +0000

[...] had an award winning, hugely popular, short sales course. We get thousands of readers, viewers and listeners to our site, and YouTube channel. Yet it seems [...]

By: Short Sale Tip # 4: Property Improvement & Repair Estimate Report

Short Sale Tip # 4: Property Improvement & Repair Estimate Report — Thu, 05 Aug 2010 19:08:06 +0000

[...] our Mock Short Sale Package that’s a part of our free Short Sale course, we show you how to put this repair estimate [...]

By: Barry Cunningham

Barry Cunningham — Wed, 04 Aug 2010 07:18:10 +0000

What regulation says that you can’t buy and sell houses. You ar eon the left coast, so perhaps they may have some stupid rule out there that precludes you from doing so but I don’t know of one. Check with your attorney…not with your broker or some less informed idiot at the loacal board. I do know that Real estate agents have more disclosure requirements but I don’t think that you are restricted from buying and selling houses…via wholesale or otherwise.

I mean this IS still America right?

By: bala

bala — Wed, 04 Aug 2010 06:29:30 +0000

I thought about wholesaling but since I’m a licensed realtor in California, someone said that I cannot do this because of fiduciary towards seller and licensing issue. If I can do wholesale then do I need to open an LLC? Can I wholesale on conventional or short sale seller also? I have no idea whether I can do it. I will check your site also for this subject. Thanks for your kind help.

By: Barry Cunningham

Barry Cunningham — Wed, 04 Aug 2010 05:49:57 +0000

Hey bala…no problem. Best strategy for someone just starting out is wholesaling. There are a number of articles on this site about it. Once you learn how to do that, you can apply the technique to all kinds of deal types.

By: bala

bala — Tue, 03 Aug 2010 22:56:40 +0000

Thank you for giving me the access to the short sale course. And I really want to thanks for correcting the word “flip” to re-sale. This sounds so good and something legal too . Some time, it feels like, without real estate license is good for investment. Do you know, any realtor from California who is doing re-sale of short sale houses immediately for profit? I was just wondering, what would you suggest the best investment strategy for a realtor who is a new investor also – whether re-sale of short sale property immediately, Buy+fix and re-sale the property or any other which will make some good income.

I will go through your course and check back with any questions. I really appreciate your quick response.

By: Barry Cunningham

Barry Cunningham — Tue, 03 Aug 2010 03:32:58 +0000

Hi…check your email for the course access.

As for “flipping” (man I hate that word…) short sales, as a Realtor, check with the Laws in your state regarding disclosure to make sure you are in compliance. Here in South Florida, one has to extend quite a bit of info if they are involved in the re-sale of short sale properties. As long as you are in compliance with what you must do as a Realtor, then you are fine. There is NOTHING illegal about the re-sale of short sale properties.

In some cases, the bank(s) offering the discounted payoff may indeed put a restriction on how soon the property can be sold but that’s not a problem at all as there are many private funders out there who will lend you the money for the short term re-sale.

As for how to find buyers…it’s in the course. We go into great detail how to find buyers. There are also several articles written on here that talk about finding cash buyers.

Take the course, get your ducks in a row, as a realtor make sure that you are in compliance, and go make some real money.

If you have any questions as you go through the course, just let me know.

By: bala

bala — Tue, 03 Aug 2010 02:03:07 +0000

I have read your short sale information on this website and I have to say, it is really excellent information. I’m a realtor, but i have to say that I have learned a lot of things about short sale from this site, especially the difference between 1099 and deficiency. Excellent information!! I’m committed to learn more from your course. I have also signed up for your course, but haven’t received it yet. I would really appreciate if you can send me the course.

I also have question on short sale flipping, I was wondering as a realtor, can I do short sale flipping legally? I’m in California. I would really appreciate if you can send me the details steps what to do and how to find end buyer for profit.

I really appreciate all your help and sharing a wealth of information on your site!!

By: Foreclosure Filings Are Exploding In New Jersey

Foreclosure Filings Are Exploding In New Jersey — Thu, 29 Jul 2010 00:21:44 +0000

[...] get your short sale enhanced laptop and pack your bags. We’re going to see a land rush of epic proportions in New [...]

By: Foreclosures Dropping Home Values By 27%

Foreclosures Dropping Home Values By 27% — Tue, 27 Jul 2010 22:33:03 +0000

[...] not, then maybe you really need to hone up on your short sale skills, Then fire that sorry ass 3rd party short sale [...]

By: jayne

jayne — Mon, 26 Jul 2010 12:32:40 +0000

Looks like you guys are on to something. Great video and you guys are close by. Hook me up!

By: Barry Cunningham

Barry Cunningham — Fri, 23 Jul 2010 20:03:36 +0000

check your email Lester

By: lester,seattle WA

lester,seattle WA — Fri, 23 Jul 2010 19:26:24 +0000

I did all the necessary requirements, still waiting on my free short sale course.

Thanks,Lester