Investors are gobbling up properties at HUGE DISCOUNTS all across the nation. Banks are practically giving properties away!
Agents turn down listings on properties with no equity everyday.
Learn to take advantage of these listings and increase your income!
Whether you're an investor or an agent this book will teach you everything you need to know to successfully complete MORE profitable buys/sales!
Learn how to:
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Find properties in pre-foreclosure.
- Negotiate with homeowners in distress.
- Complete a comprehensive short sale proposal package.
- Negotiate with banks.
- Build a WINNING supporting argument for the bank to accept your offer.
- Creatively finance these properties.
- Sell the property quickly to make a profit or commission.
Why would a bank accept so much less than what they are owned on a property?
Bank asset managers have to account for excess inventory and “non-performing” loans on their books. The banks are in business to make loans, not buy/sell property. So, in most cases they are willing to negotiate even at a loss to move the property, especially without the cost of foreclosure.
This actually saves them money in the long run. Banks lose a certain amount of money PER DAY, ON EVERY property they hold in a non-performing loan. Plus, the cost of foreclosure/auction and all of the associated fees are very high. The highest bid at an auction is usually much less than the amount owed on the property. Then, if the property is not bought at auction, they just lose all that money, and are still stuck with it.
FORECLOSURES ARE STILL ON THE RISE ALL OVER THE COUNTRY. LEARN TO TAKE ADVANTAGE OF THIS TOUGH MARKET WITH A PROCESS THAT EVERYONE HAS HEARD ABOUT BUT NO ONE KNOWS HOW TO ACCOMPLISH. NOW YOU CAN!
Short Sales Gold Mine Book
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