The last time I posted, I introduced what you may already see as an obvious reality, that being the current challenges in working the mortgage business. After all the formal mortgage broker training, attendance at mortgage seminars, and time and effort that you’ve put in, what is that doing for you now? There has to be something else in today’s market.
As someone who has had mortgage loan training and who I’m sure pays attention to the news and realizes how many foreclosures are out there right now, aren’t you ready to learn how you can profit from the current real estate economy and, in doing so, earn 10 times what you would make for simply originating a loan?
Starting with today’s post, I will walk you through my innovative short sale training program that is specifically catered for those of you in the mortgage lending business. I can assure you that this is not yet another example of loan officer training, nor is it a mortgage seminar. In fact, this is something completely different from the mortgage broker training that you may be more accustomed to. What’s different about it is what makes it great.
My pre foreclosure training covers the following exciting topics, as they pertain to real estate investment, and as they pertain to your background in the mortgage lending business:
<!-- A quick start guide to help you build your real estate investment business around working the pre foreclosure market
<!-- Proven marketing strategies that appeal to clients in pre foreclosure
<!-- How to prescreen sellers and guide them into making decisions that will help them avoid a real estate foreclosure and make you money
<!-- Paperwork that is sensitive to foreclosure laws and that will help guide your clients through the pre foreclosure process
<!-- How to attract motivated buyers in a slow-moving real estate market
<!-- Effective negotiations with buyers that will help you structure profitable deals and sell properties quickly, even in a slow market
<!-- How to use private money to attract all the capital you will need to fund your pre foreclosure and other real estate investment deals
<!-- How to work with the loss mitigation departments at lenders nationwide to effectively negotiate real estate short sales
<!-- How to negotiate forbearance agreements to both avoid property foreclosure and create deals in otherwise challenging situations
Starting with the information below, I will help you lay out a foundation and establish a network that will help put you ahead of the game when it comes to working real estate foreclosures and becoming more successful in real estate investing. For starters, and to get you immediately moving in the right direction, I’d like you to do the following:
<!-1) Make sure you have an office (makeshift if need be) set up, complete with tools like a calculator, a computer with Internet access, set up a fax line, and look into an Efax account to receive incoming faxes on your computer
<!-2) Interview at least one local realtor and ask if they have experience working with real estate investing and/or real estate foreclosures
<!-3) Establish a basic budget that you will have for your pre foreclosure investing business
As you can see, the fact that you are in the mortgage business puts you at a tremendous advantage when it comes to the basics and these first steps may already be in place for you. The mortgage lending business is intimately tied to real estate and puts you in a great position to profit from the booming preforeclosure market. You have a choice to make. You can continue marketing for mortgages, scrapping together what business is out there, or you can decide that now is the time to go after a business that is truly hot right now and that can earn you amazing profits. Stay tuned, I have so much more to share with you, and all the best to you in success.
D.C. Fawcett
The Short Sale Expert to Mortgage Brokers
To get a FREE Short Sale Course for Mortgage Brokers, go to:
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