The Short Sale Is Dead! The Rocket Docket Rules! Ok, I’m calling it and yelling it from the mountain tops…well from as high a roof here in South Florida as I can find as we are kind of lacking for mountains. But you know what I mean. The Short Sale as a viable method of [...]
Here’s the scenario. A consumer calls you based upon a blog post that you have recently made. He is in dire NEED of the services of a competent and professional real estate agent. He must sell his house quickly. He is in foreclosure and he does not want his credit damaged more than it is [...]
We’ve been building quite the video library and yet we still get emails and calls from people asking how they can get started making money in real estate. So we decided to put together a small cache of goodies for you. The videos below our some of our favorites and what we would call the [...]
Short Sale Tip # 4: Property Improvement & Repair Estimate Report When things go bad…they usually go real bad. If a homeowner has not paid his mortgage in many months, it is likely that the house has been neglected. If funds were not on hand to pay the mortgage, then it is probably safe to [...]
Short Sale Tip # 5: Homeowner Financial Package Now that you are asking for a reduction in their payoff, and after you have submitted a real tear-jerker of a Hardship Letter, the bank wants to see how the hardship has truly affected the homeowner financially. The homeowner needs to provide you with the following information: [...]
Short Sale Tip #13 : 5 Questions To Ask The Seller…Before Taking The Listing For a Property in Foreclosure In a down market, when the phone rings, agents and investors often can’t wait to get that next listing or contract. They rush out before really thinking about their plan of action and what makes the [...]
Why do Realtors fail at short sales? There are arguably hundreds of excuses, but really only 10 or so REAL reasons.
Short Sale Tip # 7: Confronting The 1099 Issue In Short Sales Can you imagine losing your home AND being hit with a huge IRS bill? Well if the short sale is not performed correctly and the short sale proposal request is not properly formatted, you may end up sticking the homeowner with a huge and [...]
Short Sale Tip #12 Overcoming Objections with the Homeowner Part 1 We are getting many questions from our attendees as to how to overcome objections with the homeowner, but we are surprisingly getting MORE questions as to how to overcome objections from the inexperienced or uneducated agent representing the homeowner…isn’t that a twist?
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