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Category: short sale

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!

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February 24, 2010 | 3 comments | View Post

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:


February 12, 2010 | 9 comments | View Post

How to Get Killer Short Sale Comps

How cool would it be if you could know upfront and in advance what price the lender will accept on your short sale offer?

That’s exactly what you get to know if you follow this killer short sale strategy (click play to watch…)

Save 50% on GotForeclsoure Short Sale Secrets – Limited Time Special Offer

Are you struggling with short sales? One of the biggest issues is knowing what price the lender might accept.

There is an easy way to find out!

Every day in your area, dozens of properties are sold (or not sold) by lenders at trustee sales or foreclosure sales.

Many of these properties ended up at the sale because of failed short sale negotiations.

Here is the “Ah-Ha” moment: The same lender who was stone walling you and not letting you know what price they would really go for, reveals the price right here – in the opening bid amount of the trustee sale or foreclosure sale!

Now that the volume of foreclosure sales is so high, the opening bid amounts of comparable properties are true short sale and wholesale comps. Use them to add to your powerful arsenal of short sale negotiation weapons.

This powerful strategy – and many more are inside GotForeclosure’s Short Sale Secrets – now available for a limited time at 50% off – click here for more!

Questions or comments? Leave them below and get more exposure for your own real estate investing!


January 21, 2010 | 0 comments | View Post

HUD Waives 90-Day Seasoning

It has been kind of expected among real estate and mortgage professionals. Today came the official announcement from the HUD office.

As of 2/1/10, FHA buyers can buy properties that have been owned by the seller for less than 90 days.

Of course, there are some strings and conditions attached. Watch this video for details…


Resources:

Release text

PDF of detailed conditions

What do you think about the impact of this temporary waiver? Engage and leave your comment below!


January 15, 2010 | 3 comments | View Post

Best Wholesale Webinar Ever

2010 will start with a big bang here at CaWholesaleDeals.com

Over the next few weeks we will bring you the Best Wholesale Information Ever.

Starting on the 7th with a wholesale webinar that will make waves.

Over the months and years in this business I noticed that many beginning real estate investors are following the advice to begin with “wholesaling”.

Because that is the best way to get into the game with no money, no credit, and none of the risks that are involved with many other real estate investing strategies.

Plus, a real “wholesale deal” is supposed to close within a few weeks, and you can get paid for your efforts THAT QUICKLY!

Problem is that many beginning “wholesale investors” are confused. They think if they only know the “numbers”, and locate a deal that fits the numbers they’re good to go, and banking day is right around the corner.

Following the common advice of several “wholesale courses” they go out and start “tying up” deals with “Flex Options”. And if that works, they “market” these deals to their “investor network”. (I know the quotation marks are getting annoying…)

The thing that usually happens next is that a bunch of the “investors” from the “network” are responding with the suggestion to put a “Flex Option” on this deal so they can “market” the deal to THEIR “investor network…

Now, don’t get me wrong, creating some form of paper trail that shows that you are a PRINCIPAL in any deal you market is absolutely necessary!

Because otherwise you’d be acting as an agent without a license, and that can get you into trouble real fast.

My point here is that SOMEONE has to dig up an ACTUAL BUYER for any deal that’s going to pay a wholesale or finders fee to anyone.

And relying on the chance that someone on your “network” has someone on her “network” who might know someone who is potentially a real buyer…well that is one of the worst ways to get actual deals done.

The true reality of wholesale investing is the same as in any other buisness on the planet: YOU as the seller has to know what your REAL BUYERS want and need.

Now, we’re not going to give you a new run-down of the kind-of-old “opposite world” strategy (which is finding the buyer first, and doing this by accumulating large amounts of  “wholesale investors” – the “Flex Option” people who are NOT REAL buyers!)

No!

In this webinar, we will give you detailed, intimate insight into what a REAL BUYER needs and wants from a real “wholesale deal”. That “real buyer” – you might have guessed it – is someone who has cash (preferably) and/or credit (much harder to do a deal) to actually buy it, fix it and flip it (or hold it).

Meet Joe Rehabber

Joe Rehabber is real. He has done over 20 profitable rehab deals just this year alone, over 250 career total.

He has been active and successful in up-markets, down-markets and sideways-markets.

He will share his story of losing big in the “Savings- and Loan Crash”, and how he had to start from scratch – with no money and horrible credit.

And how he did it doing the only thing he knew: Fixing up houses.

Getting to know Joe will give you invaluable insights into the needs and wants of the REAL BUYERS of your wholesale deals: REHABBERS.

Now, this webinar is completely free, and there will be no selling whatsoever.

It will make a big difference for you to attend.

If you are a wholesale investor,

if you are (or want to be) a rehabber – that’s where the big bucks are made, right?),

even if you are a short sale investor (because some short sales could be what a rehabber needs.)

So, I hope to see you on the 7th.

Register here, seating is limitted, and thousands of real estate investors have received this invitation.


December 30, 2009 | 3 comments | View Post
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