What is a SHORT SALE?

The number one topic for discussion among real estate entrepreneurs today is the short sale. It's making a lot of money for real estate entrepreneurs nationwide, I still work several per month myself.

That's right, I still buy real estate full time! Not many of the other teachers can say that. I still buy and sell around seventy properties per year. I teach this course to others a few times per year.

Here is how a SHORT SALE works. Anytime a seller calls you with a house that's in foreclosure or about to be you have a candidate for a short sale, It doesn't much matter what the loan balance is or how far behind in payments it is.  Lenders DO NOT WANT THESE HOUSES BACK! They are bending over backwards to stop these houses from coming back. Foreclosures are at an all time high and it's an incredible opportunity for you if you know how to do a short sale.  Most investors don't.

  

  WHAT YOU WILL LEARN IN THE SHORT SALE SEMINAR?

  · When and why banks accept discounts.
  · Where to get the money when the lender accepts your offer.
  · The letters, forms and documents you'll need will be furnished and discussed.
  · How to convince the banks to work with you.
  · How to deal with seconds and other liens.
  · How to determine what to offer the bank and exactly how to do so.
  · How bankruptcy affects the short sale.
  · You'll hear from others in the audience about deals they have already done.
  · What mistakes not to make.

 

To start with you need an authorization to release information for the mortgage company. If there is a second mortgage you need to sell them on why they should take your offer, example; condition of property, selling commission, holding period, eviction, taxes etc. it's not that hard just using the right scripts, and that's what you'll learn.

In this course I give you a detailed seminar with step-by-step instructions for you to follow.
I've already taught this technique to others. That is a big advantage, because a lot of them are already doing short sales and I'll be getting all their feedback and new information from them.

A short sale is nothing more than getting a lender to discount the mortgage on loans in default. Within the last few months we have received the following discounts……

    $154,000 discounted to $107,000 - net $47,000  (January 2003)
    $52,000 discounted to $30,000 - net $22,000
    $47,000 discounted to $32,000 - net $15,000
     

    21 year Old Justin just did his first short sale - purchased for $40,000 -sold for $110,000 net to Justin was $70,000 -  two days later!!!  SWEET!

The cost of the course without the Boot Camp is only $349.00.

When I do live seminars, you may bring a partner, spouse, child or significant other for free. (Only one guest per course purchased, spaced is limited)
 

The course comes delivered to you in a complete, easy to read and understand manual. The manual is complete with all the forms you need to create wealth. The forms are included in a printed format and on a computer diskette so you can print your own!  Only $349.00
 

info@MillionDollarStudent.com

© Copyright 2002, 2003  The Million Dollar Student™