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Secrets to Successful Short Sales **Online** (Unlimited 90-day access to web-based course)
Event Details
What is a Short Sale?
When a lender accepts a lower payoff amount than the total amount owed on an existing mortgage.
Did You Know?
It’s no secret that we’re in the midst of a nationwide real estate foreclosure tsunami. Here is Texas, there are over 100,000 homeowners that are posted for foreclosure every year. Unfortunately, more than 95% of all these foreclosures end up being bought by lending institutions and we think that is a darn shame. We believe that we have designed a real estate course that will help you make money on properties that have NEGATIVE EQUITY (someone who owns a house for more than the house will sell for today). Learn specific steps to assist delinquent homeowners and negotiate a discounted price with the bank. Learn the effective ways to create win-win situation for all parties (owner, lender and investor/agent). Whether you believe it or not, the bank will accept a “short sale” instead of foreclosing on the property IF you know how to present your offer. Learn the system on how to locate, control and profit from this hidden profit transactions.
What You Will Learn
Three ways to find short sale leads
Texas-specific rules and regulations
The four options available to homeowners
Which liens will “suffocate” the short sale process
The 9-step process
FHA/VA and Conventional guidelines
How to negotiate with 2nd lien holders
Questions to ask that qualify the homeowner
The Financial Statement Program
How to submit your offers the right way
Successful BPO’s (Broker Price opinions)
How to find qualified buyers in days for your short sale listing
How to fill out a net sheet for short sale transactions
Effective short-sale case studies
How to duplicate this system over and over
Workshop includes:
40 page step-by-step manual, 3-hours of instruction, forms, addendums, marketing pieces, disclosures and videos (web-based course only)
Hosted By
Roddy Real Estate Investing Academy
Roddy.com, LLC & Foreclosure Listing Service, Inc.
4851 Keller Springs Rd Ste. 219
Addison, Texas 75001
Phone: (214) 593-0074
Roddy.com is the market leader in supporting investors & real estate professionals in Texas real estate. We are the oldest and most respected organization in Texas when it comes to providing education, data, and investment opportunities in distressed real estate.
Our speakers are experienced investors with a broad range of expertise in a variety of proven investing strategies in Texas real estate.
Data/Course Provider: Foreclosure Listing Service, Inc. (FLS) is the largest provider of data and information services on distressed real estate in Texas. FLS provides courthouse data in pre-auction, auction & post auction formats. FLS is also the TREC Provider #0414 for all MCE accredited courses.
