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short sales: What is a Short Sale? - FAQ's - 10/26/09 12:35 AM
 
**This is part of a short sale packet that was given to me by my short sale trainers when I was getting trained on how to help others to successfully complete a short sale.  I was told that I was free to use this to provide to my short sale clients**
What is a Short Sale?
 
WHAT IS A SHORT SALE? A “Short Sale” or “negotiated settlement” or “short pay” occurs when a Lender agrees to accept less than the amount owed to payoff a loan as an alternative to foreclosure. If the property is worth less than the … (1 comments)

short sales: No Equity In Your Home? Or Behind On Payments? It's Not Your Fault... - 10/14/09 04:19 PM
Hello Neighbor,
If you find yourself in a position where you owe more than your home is worth and you need to sell, a short sale may be your best option. But don't get taken for a long, stressful ride by a self proclaimed 'expert'...
"What is a short sale?" Simply put, a short sale is a real estate transaction where the homeowner owes their lender more than what their property is worth and they need to sell. In a short sale, the lender must approve and accept less than what they are owed as full payoff (this means they may … (0 comments)

short sales: Short Sale Rules Streamlined - 06/10/09 12:16 PM
I found this fascinating quote today:
Good news from Washington, D.C., today. The Obama administration announced new details under its Foreclosure Alternatives Program (FAP) enabling servicers and borrowers to pursue short sales and deeds-in-lieu (DIL) of foreclosure in cases where the borrower is generally eligible for a Making Home Affordable modification but does not qualify or is unable to successfully complete the three month trial period. The program, effective through 2012, requires that prior to proceeding with a foreclosure, servicers must determine if a short sale is appropriate.Short Sale Rules Streamlined, Jun 2009
You should read the whole article.
… (0 comments)

short sales: What's In It For You-A Realtor? - IF...You Work with Me A Short Sale Investor - 05/03/09 06:59 PM
Hi All ~  
Kenny here…
I am looking for 2-3 key Realtor partners in the following states – NV, WA & CA.   With that said, I have written this to give you an overview of what I do and how I work with Realtor partners and most importantly…What’s In It For You by working with me & The Foreclosure Mitigation Company. What I do, in a nutshell, is I buy pre-foreclosures, foreclosures & short sales with the sole intention of reselling the home immediately to an end buyer for profit.  I negotiate the short sale for a successful closing.  I only make money … (4 comments)

short sales: Short Sale Solutions to the Top 5 RE Agent Obstacles to Short Sale Success - 03/28/09 09:59 AM
Top 5 RE Agent Obstacles to Short Sale Success 
Commissions are discounted by lenders Lenders don't want the package unless they have an offer Execution & Accurate Valuation of the Interior BPO Have a buyer but the short sale process takes too long so they buyer walks Wasted time negotiating with the lenders when they should be promoting their properties and/or themselves. This is How I (an Investor) Help RE Agents:
 #1 Problem = Commissions are discounted by Lender
#1 Solutions
Investor can guarantee a full commission on every deal that closes Agent markets the property to find the end buyer Listing … (0 comments)

 

Kenny Wagner

Las Vegas, NV

More about me…

Address: 260 E. Flamingo Rd., Las Vegas, NV, 89169

Office Phone: (702) 483-0890

Cell Phone: (702) 483-0890

Email Me

What's In It For You - A Realtor?? - IF...You Work with A Short Sale Investor

Homeowners
Know Your Options, Learn How To & Action Steps You Can Take When You're Behind in Payments - Are In Foreclosure - And Can't Sell Your Home Because You Owe More Than It's Worth


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