Subscribe via RSS Feed Connect with me on LinkedIn

Author Archive for admin

The Short Sale Killer

Over the years I have done a lot of investing in real estate and particularly foreclosures.

When the market was going up, it was easy to save homes from foreclosure as an investor.

The simplest way to structure a deal was to take over the existing loan, take title to the house, bring the loan current and give the home owner some money to move.

If the numbers where too tight, you could fairly easily get a discount, particularly from the second loan if there was more than one.

Then values started to drop, and short sale became the new buzz word.

But over the last five years of real estate depression, short sales have become increasingly more difficult to get done.

Lenders take forever to approve short sales, and have added new contingencies almost on a weekly basis.

The contingencies are mostly designed to prevent a short sale investor from making any money.

In the banks’ mind, they are entitled to (at least) the full price that an end buyer (aka retail buyer) would pay, minus normal closing costs and commissions.

Investors who have taken on that battle have been forced into legal gray areas to edge out some profits on a few cases, while most short sale deals they try to negotiate fall apart for one reason or another.

Just last week I talked with one of the Nation’s leading short sale “educators” (aka “gurus”), and he told me first hand that one of his most successful students just sent him a copy of a check where he had made $50,000 on a deal.

However, that deal took 8 months to close, and during that time the student spent his full time effort trying to negotiate 20 other deals – none of them came through.

You can easily see how scrupulous real estate “educators” can frame these types of checks into “success stories”, continuing to impress upon their prospective students that short sale investing is still a valid business model.

Meanwhile, the most successful “short sale gurus” make hundreds of thousands of Dollars each month – not from short sale deals, but from the bogus information they are selling to more and more desperate opportunity seekers who are placing their hopes in it.

Over the past 6 months I have no longer participated in this game of chasing the dream, helping desperate home owners, trying to reason with lenders and engineer “win-win solutions” while reaping a healthy profit.

Why? Because it’s a phony game. The decks are always stacked in favor of the banks, and you can never “win” as much as the banks always do.

So I decided to take on the banks at THEIR OWN game, fight them (instead of trying to please them), and pull away the curtain from their unfair advantage.

Yes, I have removed the loans from two of my investment properties, and am now in the process of re-enforcing my rights against the common FRAUD that banks are committing each time they make a so called loan.

I will be posting more information about my journey against the lenders in much more detail. Meanwhile, please share your own experiences in the comments below. What is your story with your lender?


Commercial Short Sales anyone can do…

I’d like to share with you some important information about
commercial foreclosure investing.

I know this may sound different from what you typically hear
but its true…

Contrary to what conventional wisdom might tell you,
commercial foreclosure investing is not hard if you know
what you’re doing.

For example, you know those expert insiders you see on TV or
read about in the papers or online?

Well, the truth is, anyone can do this.

These experts have simply learned ONE thing you don’t know
yet.

And that is…

How to find SWEET commercial deals.

D.C. Fawcett and Karen Hanover, two of the nation’s leading
short sale and commercial foreclosure experts, have created
the most hard-hitting video workshop I’ve ever seen, when
it comes to how to make a small fortune investing in
commercial real estate”

Watch it right now at the link below:

http://CaWholesaledeals.com/commercial-short-sales

The strategies are very simple and you might be surprised at
how EASY they truly are.

Here’s what they’re NOT:

1. Complicated
2. Require special skills
3. Work in only specific conditions
4. Require cash or credit

Here’s what they ARE about:

1. How to find NO MONEY DOWN deals fast
2. How to uncover DIAMONDS in the rough
3. Exactly what criteria to use when searching

Go check it out:

http://CaWholesaledeals.com/commercial-short-sales
The reason these techniques are so effective is because
they’re based on one critical thing…knowing the short cuts
to know what to do, and what NOT to do.

You see, Karen and D.C. have teamed up and are pulling back
the curtains on what could be a once in a lifetime
opportunity in the commercial foreclosure market.

And now they want to show you how easy it is.

Sincerely,

Thomas Bartke

PS- If you ever thought commercial foreclosure investing was
hard or risky, you’ll be excited to see how EASY it is.

Go now and check out the video:

http://CaWholesaledeals.com/commercial-short-sales


Shocking Short Sale Reports – Investors Turn

Student Housing Doug FathInvestors are turning away from short sales in droves as new reports of scary legal tactics come to light.

Many investors who have dealt in short sales over the past three to four years have unknowingly exposed themselves to prosecution as former home owners wake up to their old lenders garnishing their wages.

Of course they blame the investor who did not disclose that risk to them.

In the meantime, others are finding their investments save and cash flowing well.

Doug Fath, for example, a 28-year old real estate multi-millionaire, has made his imprint in a completely different niche, that is considered by most as one of the “scariest markets” in real estate.

After revealing what that niche is and how he has profitted from his investments, literally hundreds of comments poured in to his web site, asking for the  “secret code” to be revealed.

Doug’s “secret niche” has the potential for immediate revenue streams, as well as long term wealth building features, as market analysis reveals strong demand and stable values in this market for years to come.

In fact, it is Doug’s long term market analysis which is based on demographics and specific needs of large groups of the population that has led Doug Fath to this profitable real estate niche in the first place.

Find out more and watch Doug’s free videos, and see the hundreds of comments that were left on his web site.

Click here to get the video


Short Sale Killer: Elimination Beats Short Sales…

The Big Short Sale Lie

The short sale business model has long been touted as one of the best ways to make money in this housing foreclosure crisis.

What the gurus won’t tell you is the true numbers behind that business model.

That’s a big reason why so many beginning real estate investors fail with short sales!

  • It’s a lot of work (whether you outsource it or not, it’s still A LOT of work…)
  • Many more short sales don’t work out than the ones that do
  • It’s NOT easy to pre-select them and work only on the ones that will work
  • Banks and lenders are changing the rules every other week, tripping you up on promising deals at the last minute
  • You need A LOT of potential deals to make A FEW of them work out (they call that “a numbers game”, but hey, roulette is a numbers game too, right?)
  • Lenders make you feel like you’re doing something wrong even though you are the one providing a solution to their problem
  • Big Money scams and government being in cahoots with banks makes the whole business model ludicrous and frustrating

…and on and on!

What To Do If Your Short Sales Don’t Work For You?

In the following section I wil give you links to educate you about MERS, the scam of mortgage processing and administration.

I will show you a way that will help you beat back the system, not only for yourself, but for your clients as well.

And make great money in real estate when you fly under the Short Sale Radar to beat the system.

First, the most important link is this:

http://TurnDebt2Cash.com – watch the testimonial video and sign up so you get access to free webinars and reports about how to eliminate mortgages quickly and legally.

Supporting files and documentation:

Read up on what the mortgage industry is talking about (“Strategic Defaults“)

Why lenders are afraid of “Forensic Audits“?

Scary for MERS: Enforcability of Securitized Mortgages

MERS legal cases: This is really bad for the banks!

And here is the info on the solution for you:

http://TurnDebt2Cash.com

Leave your comments and opinions below andmake a difference today!

.

.

.



The IndyMac – FDIC – One West Bank Short Sale Scandal

This must be one of the biggest and most scandalous eye-openers that unfold in the foreclosure crisis, which is saturated with propaganda about foreclosure rescue scams and banks’ unwillingness to work with short sale investors.

Remember this video the next time you talk to a bank, and click below to discover
how you can strike back: