INCREASE YOUR PROFITS TODAY, LEARN HOW TO EXECUTE SHORT SALES
Short Sales A-Z™ Online Class Chapter 20
Chapter 20
Processing 6 – Settlement & Closing
The skill of finessing the final stages of any real estate transaction is extremely valuable. When it comes to short sales and other distress transactions, this is skill is almost an art form. That is what this chapter is all about. It teaches exactly what it takes to close short sales effectively and get paid.
Objective:
- Understand how to settle the seller’s debt by the purchase and sale of the collateral property.
- Be able to distinguish the different types of settlement letter.
- Know how get further cooperation from the seller.
- Learn how to gain more time from the creditor.
- Know how to close the short sale transaction.
Outline:
- Debt settlement
- Settlement letters
- Types of settlement letters
- Final HUD 1
- Increasing homeowner cooperation
- Gaining more time
- Transaction funding
- Use of short sale processing flow chart
- Sample document analysis
Time:
- 10:46 minutes
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