Foreclosure
Department Resources
- Short Sale Investing Made Easy Course
Gerald Romine has done it again. Gerald has granted FULL access to my students to his new short sale course.
Read More» - Loss Mitigation Contacts Nationwide
Today’s resource of I have to give credit to a good friend of mine who shares my passion in Scotland and drinking Guinness (name withheld) is an ex Vice President of a major mortgage company company and passed these very valuable contacts to me.
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Please find the comprehensive listings of 390 […] - Helping Foreclosure Victims Keep Their Homes and Buy More Houses
Are you helping homeowners facing foreclosure keep their home?
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If you aren’t, you are failing as an investor and could be walking away from a personally rewarding experience and long-term financial growth.
How often do you contact pre-foreclosures and hear homeowners say, “I want to keep my home?” Most of the […] - Best PRE-Foreclosure Lead Source -
THE ONLY PRE-FORECLOSURE LISTS I RECOMMEND
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Every day more and more websites pop up claiming to provide services to help you find great deals. Unfortunately, most of them are about some self proclaimed guru boasting how he steals houses from others. They remind me of the Snake Oil Salesman […] - How Mortgage Refinances Can Generate Leads & Income
Many times when marketing to Pre-Foreclosures, homeowners tell us they want to try to refinance their loan to stop their foreclosure. While this can often be a solution to stop foreclosure, it isn’t always the best one. However, for the people who do qualify for a refinance, you […]
Read More» - Steps to Executing a Short Sale on a Pre Foreclosure Home.
A real estate investing strategy that is very paperwork intensive and requires a lot of patience is the short sale. There are many steps from beginning to end and many times the bank will completely drop the ball during the process and the deal won’t go through.
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Tags: real estate training, real estate mentoring, real […] - Foreclosure Prevention Options
There are numerous options you can use to help someone in foreclosure. Many people jump right to the “short sale” but in my experience they are not always accepted and during this time frame the owner is left in limbo. Give them alternative choices.
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Under the law, the home owner has the right […] - The Three Stages to Buy Foreclosures
There are 3 scenarios in which you can acquire property in a foreclosure situation
The first is PRE-FORECLOSUREThe strategy of buying pre-foreclosures is to create a situation where everyone wins. This type of strategy involves just you, the homeowner, and in some cases the lender. Because the homeowner has been delinquent on his or her mortgage […]
Read More» - Buying PreForeclosures “Subject To” Without Using Your Own Money
There are many ways and methods in which you can fund a PreForeclosure property purchase: pay all cash (yours or a hard money lender’s), find a credit partner, use conventional financing (a mortgage), or my personal favorite, reinstate the loan […]
Read More» - What to Say To People In Foreclosure
As a real estate investor trainer, I am shocked at how many books, tapes, seminars and websites that sell “The Magic Pill” with “buying secret tips and strategies” that will make you a millionaire overnight – with none of them spending a single minute on the Art of Dealing with People. How can this […]
Read More» - How To Stop a Foreclosure Sale - Investors
A question I get often get is "How do you stop the sale in order to buy the property?"
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When buying subject-to the existing financing, we want the reinstatement amount as soon as possible. In some cases, it takes one or two phone calls. Here are two of my recent deals and what […] - How to find the funds in order to invest in Bank REOs
In the last few days I’ve been receiving a lot of questions regarding how to find the funds in order to invest in Bank REO’s.
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Here’s an email I got yesterday…
"I come across REO property. I have looked at several but I can’t purchase any due to not being able to be pre-approved […]