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There goes the real estate recovery. Strategic Defaults hit the tipping point.

By
Education & Training with Tim & Julie Harris® Real Estate Coaching

This growing trend is on course to dramatically affect the real estate industry, and possibly disrupt the recovery of our national economy. This will lead to a whole-sale change for our industry. Have no doubt about this, the coming wave of Strategic Defaults is poised and ready to crash down on our tepid economic recovery.

Watch the videos below. Notice that they don’t cast dispersions of strategic defaulters, if anything, main stream media seems to be supporting walk aways.

Expect to experience a simply stunning increase in strategic defaults.

Expect to have questions asked about this topic.

Be ready.

You must personally make a choice:

1) You can take the ‘moral high ground’ and admonish strategic defaulters. 

Or

2) Learn how to help homeowners. Learn how to do short sales.

Think of it this way…if you knew how to list and sell short sales. Actually, get the short sales closed…how many listings would you have?

Agents, its not your job to judge. It's your job to be of service

 

 

From last Sunday’s 60 Minutes:

Brian Williams from NBC News:

From Bloomberg (about a month ago)

 

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Comments(1)

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

It is exceptional to think that there would not be an increase in strategic defaults.

May 14, 2010 06:56 PM