Tag Archives: Short Sales

Dumb Dumb II

Following yesterday’s post – I don’t call lenders dumb . . . but sometimes they’re good for solid laugh.  Check this one out.   These are actual emails from lenders.
From the lender in 1st position:
Being in first lien position, our investor gets to make the decision as to how much the 2nd can receive on a [...]

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Obama Administration Continues to Encourage Short Sales; However . . .

I’ve always said that Short Sales are good for the economy and good for the country.  The Administration continues to agree.  The Treasury promulgated final guidelines to urge servicers to follow through with short sales as an alternative to foreclosure for those homeowners that don’t qualify for a modification.
To encourage servicers to accept a short [...]

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ARE YOU NUTS??!!!

Skilled Short Sale negotiators manipulate their own STYLE and STRATEGY. You can be strategically adversarial and stylistically cooperatives OR sometimes your style needs to shift to something… shall we say, more combative.

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Where do you add the most value?

pick a segment of the Short Sale market and become the expert on all pricing, all sales, all agents, all factors and then insert yourself as the solution provider for all of that market.

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More than one way out of a Short Sale

But back-to-back closings are certainly the cheaper way to do the closing, but it’s not the only way. The big thing to remember about holding onto the house for a month is that you have an exit strategy so you’re not going to get stuck with the property.

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RIP Option Contract

That’s why I’m going to interview an actual working Title Agent this Thursday night. This is going to be FULL of new content that deals with all the latest issues for Short Sale investors.

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Don’t mess with Texas Short Sales!

I’m going to be in Dallas later this week, so I went ahead and scheduled an Evening with Ben for Thursday night.

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California Gone Crazy

California has always been one of the top markets for Short Sales, but right now the level of confusion among real estate investors is at an all-time high. Everyone seems to be freaking out in California looking for answers and trying to make sense of all the various opinions, new rules, and trying to figure [...]

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Did you miss out on my Ultimate Foreclosure Course event?

So we just wrapped our first-ever Ultimate Foreclosure Course live event in Las Vegas last week. In case you’re not familiar with it, the whole idea of this was to do a totally new type of real estate event that didn’t rely on the same old format of every other seminar out there. So we [...]

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Coopetition

So I heard a new phrase last week — “coopetition.” It’s a combination of cooperation and competition. But Ben, isn’t that an oxymoron? Well, maybe, but I love the word because it just sums up how a lot of business is getting done in these new economic times.
For example, two real estate investors may work [...]

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