INCREASE YOUR PROFITS TODAY, LEARN HOW TO EXECUTE SHORT SALES

Short Payoff Settlement Letter Question

Posted June 24th, 2008

Kip:

Thanks for considering me for your short sales needs.

What you are asking for is information about the settlement with the creditors. That comes from the creditor in the form of settlement letter from each creditor. This document is also know as the short sale letter. You need to negotiate that with the creditors. The settlement letter will state the terms of the short pay off. There are two types of short payoff. One is the true short sale, in which the owner does no longer owe. The other one is the release of lien, in which the owner still owes any unpaid balances. There are tax implications associated with this as well. All that is in the Short Sales A-Z course. It would take a long time to explain by email or phone. You may want to review the articles I have in my web site www.BestShortSales.com. Hopefully this helps.

Here is a coupon code for a $100 discount for Short Sales A-Z Online or Short Sale Biz Master Suite.

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Double Escrow Alternative Funding

Posted June 21st, 2008

Friends:
 
Ref: One day loan for double escrow
 
Double escrows are a great exit strategy. You buy and sell a property with none of your own money the same day. What can be better? However, not all title companies want to do them. Often they want you to bring cash. Contact me if you find your self in this quandary. I can help you solve this exact situation. 

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Instantly Become a Lease Option Genius

Posted June 18th, 2008

Real Estate Fact

Profit  =  Accurate Math
Loss  =  Bad Math

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Short Sales A-Z Online Video Course Content

Posted June 1st, 2008

 

Chapter 1
Introduction

In this chapter expert Oscar Morante explains what is needed succeed in short sales.  An specific mindset, body of knowedge and business premise are needed to succeed in this business.

Objective:

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Oregonian Article (by Gosia Wozniacka)

Posted June 1st, 2008

The Oregonian

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What is a Short Sale?

Posted May 30th, 2008

 
 
A short sale is the sale of a property for less than what is owed on it. The lenders voluntarily accept less than full payment and forgive the unpaid balance.This happens when a property is worth less than what is owed, the owner is insolvent, and can’t make up the difference. In the sale of the property, a lender is paid off with a dollar value short of what it is owed, thus the term short sale. This article briefly explains why this happens and why they are so common.

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Ten Mistakes to Avoid When Doing Short Sales

Posted May 30th, 2008

 
 
Short sales are thrilling transactions. In a shortsale, an insolvent homeowner about to be foreclosed sells a property for less than what is owed. The remainder of the debt is forgiven. The key to being successful at this is to be a dedicated professional. Dedicated professionals know what to do and what to avoid. These are the top ten mistakes to avoid.
 

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Ten Tips About Short Sales

Posted May 30th, 2008

 
 
Short sales are thrilling, fulfilling and profitable transactions. In a short sale, the homeowner sells a property for less than what is owed on it. The remainder of the debt is forgiven. This happens because the property is over-mortgaged, the homeowner is insolvent and it’s the lender’s best option.
 

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Ten Tips About Short Sales

Posted May 9th, 2008

 
 
Short sales are thrilling, fulfilling and profitable transactions. In a short sale, the homeowner sells a property for less than what is owed on it. The remainder of the debt is forgiven. This happens because the property is over-mortgaged, the homeowner is insolvent and it’s the lender’s best option.
 

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How do I Know if a Short Sale is Right for Me?

Posted May 9th, 2008

How do I Know if a Short Sale is Right for Me?
 

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