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Short Sales

Welcome, Short Sale investors!

What is a Short Sale?

What is a Short Sale?

You may have heard the term “short sale” and wondered what it referred to – and what kind of opportunities these types of transactions offer in the real estate market. Let’s define a short sale first. A short sale can occur when a home owner’s debt on a property is greater than the amount...
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Posted in Mortgage Brokers, Realtors, REOs and Foreclosures, Short Sales | No Comments »

Foreclosure Freeze Interview with Bob [video]

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Video: 100% content call plus Q&A with Bob Massey on the opportunities created by the “Foreclosure Freeze” Read about and register for Bob’s follow-up call here On this call, scheduled for 11/18 at 8 pm EST, Bob will be interviewing “Mitigator X” about how investors can negotiate successfully with banks to get distressed properties....
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Posted in Private Money | Hard Money, Realtors, REOs and Foreclosures, Residential, Short Sales | 9 Comments »

Obama Administration Does 180 on Foreclosures

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Obama Administration Does 180 on Foreclosures

One thing we’re keeping eye on is whether the Foreclosure Freeze is heating up the Short Sale market. Do you see any uptick in banks’ interest in doing short sales or note sales as ways of working around the foreclosure problems? Until recently, the rhetoric coming out of the White House made policy recommendations...
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Posted in Note Investing, REOs and Foreclosures, Residential, Short Sales | 7 Comments »

Is it Safe to Buy a Foreclosure?

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Related article: Want to buy a Foreclosure to live in? The deals are appealing, but read this NY Times article for what the process can REALLY be like… In this 3-minute video commentary, RealtyTrac Senior Vice President comments on whether now is a good and safe time to buy a short sale, bank-owned property...
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Posted in Realtors, REOs and Foreclosures, Short Sales | 4 Comments »

Short Sales May Replace REO Sales as the Foreclosure Crisis Drags On

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Short Sales May Replace REO Sales as the Foreclosure Crisis Drags On

The use of short sales will get a boost now that many servicers cannot move ahead with foreclosure sales, according to Travis Olsen, a short sale vendor. Under pressure from regulators, state attorneys general, and the courts to review and fix their foreclosure procedures, banks and their servicers have suspended foreclosure sales. Short sales...
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Posted in REOs and Foreclosures, Short Sales | 9 Comments »

“Join REAL investors at a REAL event.”

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“Join REAL investors at a REAL event.”

Don’t Slip on the Snake Oil Have you noticed how many gurus lately have been doing their versions of the same “Super Fabulous Quadruple Your Income Mega Fest” events whenever they want a captive audience to sell high-priced coaching programs to? I’m not talking about serious RE events where the content and training are...
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Posted in Note Investing, REOs and Foreclosures, Short Sales | 9 Comments »

Foreclosures Fueling Public Outrage. Be careful…

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Foreclosures Fueling Public Outrage. Be careful…

Are you one of the good guys or bad guys? (If you deal with foreclosures, REOs, or defaulted borrowers, be careful…) Actually, that’s  a trick question. But read on to find out how you, as someone involved with distressed asset transactions as a real  estate professional, may BE SEEN as one of the bad...
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Posted in Note Investing, Realtors, REOs and Foreclosures, Short Sales | 26 Comments »

Free Short Sales training for Agents [video]

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Free Short Sales training for Agents [video]

What’s “short” about a short sale? In fact, “long, complicated and costly” are the adjectives that real estate agents often use to describe the short sale process, which is almost always anything but “short.” The good news is times are changing. There are numerous ways in which you can cut the time in half,...
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Posted in Realtors, Short Sales | No Comments »

Realtors: It’s time to get creative!

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Creative ways to survive (or even thrive) in today’s market **Make sure you check out the VIDEO below for great tips on getting more short sale listings** For most realtors, the old ways of doing business re dead. Sure, some “top dog” realtors in some markets are carrying on like always, seemingly immune to...
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Posted in Realtors, REOs and Foreclosures, Short Sales | 4 Comments »

Sam’s Club selling REOs now?

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Sam’s Club selling REOs now?

Before you spend thousands on a Bulk REO course, click here (affiliate link) for Susan Lassiter-Lyon’s real-world info on flipping Bulk REOs. She’s the real deal. Everybody is talking about Bulk REO Investing these days, thanks mostly to a product launch that we’re in the middle of. And frankly, the idea of bulk-buying just...
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Posted in Note Investing, Product Reviews, REOs and Foreclosures, Short Sales | 6 Comments »

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