Currently Browsing: Marketing
Must Read! Don’t Ever Forget Why We Are the Best Country in the World and Why You’re Are Still Free!
Posted by Patrick Precourt in Business, Industry Changes, Investment, Marketing, Preforeclosure, Real Estate, Short SalesJul 1st, 2010 | 5 responses
The 4th of July weekend is one of the most important weekends we have for the entire year and I do not want anybody to forget what our troops do for us and give us on a daily basis! They give us Freedom! Freedom to invest in real estate, Freedom to spend time with our families without getting harmed, Freedom to do anything we desire! So with that being said, enjoy the holiday weekend and support our troops! On this week’s Friday Coffee Break we dive into how the fact that, whether you are aware or it or not, our short sale business has drastically changed in the last two years. Banks used to...
Beware Of The “Hawkers!” Research Your GURU Before You Invest In Their Education
Posted by Patrick Precourt in Business, Industry Changes, Investment, Marketing, Preforeclosure, Real Estate, Short SalesJun 10th, 2010 | one response
I get comments, on a daily basis, about new real estate investors being so confused on who they should be listening to; reason being is that every so-called “Expert” seems to be touting the next “cutting edge” idea that will CHANGE the real estate industry. I will tell you what, it’s all a bunch of crap! Listen in as I tell you what to look for and what to do before you invest one red cent into an “online educator.” Also listen in to find out if short sale investing is a great place to start your real estate investing career, where to find out how to get HUD-1 settlement statement...
The Truth About Whether Or Not The REO Market Is A Waste Of Time!
Posted by Patrick Precourt in Business, Investment, Marketing, Preforeclosure, Real Estate, Short SalesJun 4th, 2010 | 2 responses
Buying and holding, buying and rehabbing or buying and wholesaling REO properties has been an absolute craze with today’s top Real Estate Guru’s… The questions that I always get are: Are the Guru’s right, are they wrong, does it work, are they full of crap, etc? Listen in to today’s Friday Coffee Break to see the facts and what the real truth is… Also listen in to find out whether or not you can subdivide a property in default; then short sale one parcel and keep the other free and clear, whether or not, on an “A” to “C” transaction, a property should be listed with the “A”...
Can A Homeowner Do A Short Sale If They Are Current?
Posted by Patrick Precourt in Business, Investment, Marketing, Preforeclosure, Real Estate, Short SalesApr 9th, 2010 | 4 responses
There is a lot of misinformation in today’s real estate world and one of the biggest ones revolves around the question of whether or not a lender will take a short sale or discount their total amount owed to them when a homeowner is current on their mortgage. Make sure you listen in as we uncover what lenders are doing today as opposed to last year, the best ways to create monthly cash flow while being a short sale investor, the inside tricks to “Managing a BPO” so you get your desired outcome, whether or not a lender can tell a seller what he or she “has” to list their property at and...
With the “Updated” FDIC Loss Share Agreements: What’s the Future for Short Sales?
Posted by Patrick Precourt in Business, Industry Changes, Investment, Marketing, Preforeclosure, Real EstateFeb 25th, 2010 | one response
Lately, we have been getting bombarded with questions about the FDIC Loss Share Agreements and whether or not this will crush the short sale world as we know it. I will tell you this; it will affect our short sale businesses. How much you may ask? Well listen in and I will tackle that “hot” issue! On this week’s Friday Coffee Break, we also cover whether or not using a Power of Attorney over an Authorization to Release information is better, whether the use of an Option Contract creates more confusion then it does good for investors, my read on the “new” FHA suspension of the 90 day...
The Best Way To Figure Out If A Lender Recorded A Valid Lien Against A Property
Posted by Patrick Precourt in Investment, Marketing, Preforeclosure, Real EstateJul 24th, 2009 | 5 responses
When you are searching whether or not a foreclosing lender has actually recorded their lien position is vital to the validity in today’s market. Listen in as I go over what to look for when searching title to make see if you can sneak ahead of the foreclosing lender. Listen in as I go over if a verbal offer means anything at all, why being on next week ManageMyShortSale.com call will make you thousands of dollars in residual income, what the best message is to put on bandit signs really is and much more. Visit www.FridayCoffeeBreak.com for more real estate specific videos.
When To List And Re-list A Property On A Wholesale Short Sale Flip Transaction
Posted by Patrick Precourt in Business, Investment, Marketing, Preforeclosure, Real EstateJul 16th, 2009 | 7 responses
There has been a lot of confusion on when and how to list and then relist a short sale property when your intension is to buy and then immediate resell a property. Listen in as we go over how long we list a property with the homeowner before we relist it with our contractual right. We also cover, while negotiated a retail short sale whether or not we get paid when we get the short sale approved or at closing, whether or not we have “proof” that title companies and end lenders are shying away from option contracts and much more. Visit www.FridayCoffeeBreak.com for more real estate specific videos.
Purchase and Sales Agreement Vs. The Option Contract
Posted by Patrick Precourt in Investment, Marketing, Real EstateJul 9th, 2009 | one response
The talk continues on the Purchase and Sale Agreement versus the Option Contract! Listen in as we go over the correct language and disclosure you should put in your purchase and sales agreement, if a memorandum of an option contract will affect seasoning requirements, how to set up an escrow account to collect a loss mitigation fee, are homeowners association dues negotiable and much more. Visit www.FridayCoffeeBreak.com for more real estate specific videos.
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