Short Sale Millions - Loss Mitigation & Short Sale Institute

By
Real Estate Agent with Equity Builders Realty, Inc. 200308326

About Shortsale Millions

Shortsale MillionsTM is a unique, real estate mentoring and educational program for teaching and shortsale investing strategies designed to create 20%-50% percent equity in pre-foreclosure properties for sale and purchase. Our program was designed for easy understanding. You'll learn precisely what our exclusive steps are to accomplish shortsales and make incredible money, equity and profits!

Benefits to the Homeowner/Seller:

The homeowner can avoid paying for closing costs and the real estate commission

  • The homeowner can avoid liability for their mortgage loan debt and for any future deficiency judgment
  • There is no out-of-pocket expenses to the homeowner to sell their home
  • The homeowner can avoid bankruptcy
  • The homeowner can save their credit
  • The homeowner can avoid the foreclosure sale of their home by the lender
  • The homeowner can start fresh

Benefits to the Buyer:

  • The Buyer gets to purchase a property for less than retail price
  • The Buyer gets to purchase a potential property at wholesale rates
  • The Buyer may get consessions for closing costs and repairs
  • The Buyer may purchase the property under terms for carrying paper
  • The Buyer may not be required to pay an earnest money deposit (EMD) or at most pay a very low EMD

Benefits to the Lender:

  • The Lender gets to sell the foreclosure property
  • The Lender gets to get the non-performing asset off its books
  • The Lender gets to re-lend its principal to make interest, points and lending fees
  • The Lender avoids trustee's fees and attorney's fees
  • The Lender avoids further losses and stopped mortgage payments (arrearages)

Benefits to the Investor:

  • The Investor can purchase a shortsale for 20%-30% below retail price
  • The Investor can create equity out of an over-encumbered property even when it is upside down
  • The Investor can make repairs and create additional equity or money
  • The Investor can Carry Paper, Assign the Contract, Buy and Flip, Buy and Hold or structure the real estate deal to avoid taxes

For more information on Short Sale, Loss Mitigation, attending one of my seminars or purchasing short sale materials. Feel Free to contact me at 503-826-8473 or CONTACT me by E-MAIL ME Below:

Comments (8)

Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota/Wisconsin Real Estate Expert
Do you teach the loss mitigation how to actually accept good offers on short sales?
Apr 30, 2008 08:41 AM
Glenn Prieto-Commercial Real Estate Lender
Colonial Pacific Financial - Miami, FL

Robert,

Welcome to activerain and thanks for your informative blog.  Go to http://www.colonialpacificfinancial.com/ to see our commercial loan products.  Colonial Pacific is a direct commercial lender and lend in all 50 states.  Call me if you have any questions or want to run a scenario by me.  Thank you for your consideration.

Apr 30, 2008 08:46 AM
The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain.  It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm
Apr 30, 2008 09:54 AM
Bill Kennedy
Keller Williams Greenville Upstate - Greenville, SC
Homes For Sale Greenville SC

Hi Robert

Welcome to Active Rain!  This is a great forum for learning and presenting, but watch out... if you're like me, you'll be addicted right away!

Have a great time here, and I look forward to reading more from you!

Apr 30, 2008 03:39 PM
Ted Mackel
Keller Williams Realty Simi Valley - Simi Valley, CA
Simi Valley Real Estate Agent
Welcome to Active Rain.  Make sure to check out other blogs so you can see what works and what does not.
Apr 30, 2008 04:53 PM
Anonymous
short sale investing student

Another area I'm trying to become knowledgable about is short sale investing. This is a great place to learn and share ideas.

Aug 27, 2010 02:29 PM
#6
Anonymous
Mortgage modification

That is a great idea as it is beneficial to all the segments equally in some or the other way. This subject is indeed a complex issue and should be studied as well understood nicely.

Mortgage modification

Nov 03, 2010 12:46 AM
#7
Anonymous
Debt Settlement Options

Thank you for the post it is very helpful and knowledgeable at hte same time. All important points are mentioned in a very clear way, keep up the work.

Debt Settlement Options

 

Nov 12, 2010 05:26 PM
#8