Author Archive
Short Sales Still Sailing Strong!
Right now, in my office, I am receiving short sales from sellers who decided to do a loan modification which was only valid for 3-5 years. In my opinion, this is the second wave of short sales that you will be coming across. Many Investors stay away from short sales because they say it takes […]
Are You Following Up or Tripping Up??
BIG Reminder: Follow up, follow up, follow up is crucial for capturing real estate deals! What makes any deal is a Motivated Seller. There are 13 main Seller motivators such as a vacant home, in pre-foreclosure, loss job, job relocation, etc. But how do we know when the “price” of the pain of home ownership […]
SHORT SALE….. OR SUBJECT-TO??
I recently marketed to people who have second homes and are either close to being upside down on the mortgage or they are in foreclosure. So far, I’ve closed on 2 deals from this marketing. One of the leads owned a house in Sanford: 1,050 sq ft, 3 bedrooms, 1 ½ baths, living room, kitchen […]
Short Sales can be “SHHHHORT!!”
I know that many of you believe that short sales can’t be short; however, on this deal, the time frame from beginning to end was approximately 35 days. The Seller had lived in the property for years and the foreclosure action had been going on for approximately 4 years. During the 4 year period, the […]
