Real Estate Opportunities - Short Sale Manual
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Short Sale Manual by Jarad R. Severe is a systematic guide for the successful purchase of property through short sale techniques. Jarad R. Severe is CEO of Myebux.com and offers many marketing solutions and techniques. Short Sale Manual provides various forms, agreements, and example letters for processing a short sale. Foreclosures need filling of huge forms, which are confusing and time-consuming. Short Sale Manual eases your problem and provides definite clues for filling forms.
Short Sale is an excellent way of discounting properties and earning huge profits. In short sale, lender offers you discount on mortgage. Short sale is beneficial to lender and you. Lender accepts discount on mortgage to avoid bankruptcy or probably an auction on foreclosures. Foreclosure property could have a first mortgage of say $250,000. You pay lender a sum of $190,000 as full payment for loan. This is short sale. Hence, short sale involves lender and you and house owner does not have any role in it.
Short Sale Manual explains possible reasons for success of such sales. Banks prefer to be free of bad debts and loans. Hence, they try to dispose foreclosure property with minimum loss. Auction sales involve various fees and charges, which lower profit margin of lenders. Hence, they prefer offering discount beforehand and doing away with the property.
Short Sale Manual stresses that all mortgages offer discount. However, lenders offer higher discounts if house is in a bad shape and requires many repairs. Over leveraged properties, also offer higher discounts as lenders want to complete deals of such properties soon. Lenders are eager to offer properties with second mortgages as foreclosures auctions erase second mortgage. Short Sale Manual insists on getting the property deed as sometimes house owners change their minds and back out from dealings. You can seal deal by acquiring deed papers.
Short Sale Manual advocates a BPO or Brokers Price Opinion. This in other words is a real estate agent’s assessment of property. BPO holds in the key in many short sale transactions.
I am a real estate investor and all I can tell you is that you need to develop a network of people that you work with who can make you strong where you are weak. If you are being mentored by another individual or group or have gone thru course after course and have tried to succeed but are finding it difficult give me a call at 760-931-4770 or e-mail me at John@jcsbicca.com and I will discuss with you my program. I have money available for gap financing and fix up so that you can succeed. I already have 40 students that I am helping. These are not my students but another company that specializes in mentoring. My capacity is limited so I am very selective. So contact me to see if you qualify.
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