Flipping Short Sales, Tough Language and Dealing With the Impossible!
Posted by Patrick Precourt in Real EstateFeb 6th, 2009 | 2 responses
Listen in and watch as Pat tackles some hard questions today and leaves you with a short story that really touches home. Learn how to wholesale short sales with zero dollars, whether or not you can short sale a house that is not in default, how to deal with some of the new lender language that’s aimed at putting an end to double closing and simultaneous closings, why you shouldn’t run out and “get the deed” even though all the so called GURUS say to and much more…all live at his favorite coffee shop! And don’t forget about the upcoming call next week, Challenges and Opportunities 2009. You don’t want to miss this!. You can register for the call at http://www.challengesandopportunities.com
2 Responses to “Flipping Short Sales, Tough Language and Dealing With the Impossible!”
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In reference to the person that got a short sale exceptence from GMAC but had a stipulation involving a 3rd party recording the deed prior to the intended party recording of the deed.
Is it possible to do a “cold closing”? This is when for example your short sale is excepted and you have an end buyer and you close with the end buyer first then on the same day you have your closing and your money never gets used.
In a short sale, is it possible to assigned the purchase agreement to an end buyer?
Thanks for the great info Pat!
Can you negotiate a short sale in California
with loan that is still current but upside in equity?