Real Estate Short Sales — answers from an Expert on the $47 phone call

If you had been on the call we did the other night with Mr. X, I think you would have agreed it was far more than $47 of value.

Here is just a bit on what people on that audio learned:

• How are lenders changing their requirements for short sales, and what won't they tell you about the new requirements?
• Is there a way to prequalify a client for a short sale?
• Do you really have to be late on your payments to do a short sale?
• What are three things you should do that dramatically raise a chance of success of a short sale — and it isn't what everyone is saying!
• How can you get started making money in short sales?
• What should you do if you submit a package to a lender and don't hear back from them?
• If a lender says "call us in a week" what should you do? Call in 1 week, 3 days, tomorrow, or …?

And here are some answers from the audio. These will prove very helpful to you, and they will get you to salivate for the Mortgage Relief Formula home study course (and the $97 audio with Mr. X, more about that in a moment.)

Lenders are lowering the bar in terms of asking for six months financial statements, and two years tax returns. For most people anyway. As you will learn in the Mr. X audio, there are some people that the lenders will still insist on a lot more documentation.

The audio reveals how you can get a good conforming (low cost) mortgage even AFTER you've done a short sale. Now I know where to get my next mortgage!

You cannot prequalify a client for a short sale. Nor can you call the lender and get prequalified. But, Mr. X. does spell out in the audio what you can do to raise the chances of short sale success. And these work even if you are still on time with your payments.

Raise your chances of short sale success

There are some things Mr. X says you should do to raise the chances of short sale success. They include making sure your buyer is really sold on going the distance. Buyers must be patient. Realtors must tell buyers that it may be a few months. Everyone has to be cool with that. Some short sales take 30 days. Some take 120 days.  Mr. X. has found that certain lenders in certain situations are fast, and in other situations quite slow.

If you are a Realtor, you need to be very aggressive about pricing the property low, so that when the short sale is approved, the buyer still feels she is getting a fantastic deal. If the deal is so-so, the buyer may walk and that's no fun for anyone. You have to be ahead of the market. If it's falling 1% per month, factor that in.

(The neat thing about short sale listings is that if you know how to work them, they are easier than non-short sale listings. That's cuz the seller doesn't get in your way. They aren't getting any money anyway, so they are easier to deal with.)

How to learn how to negotiate short sales yourself, and why you'd want to

You can make money doing short sales and Mr. X. suggests starting with easy cases first. If you have my Mortgage Relief Formula home study course, you will get instant access to the entire Mr. X call and you will be a short sale negotiator in no time.

If you are a homeowner or multiple property investor, you'll be able to negotiate your own short sale after you receive my course. One thing Mr. X. was very clear about is that lenders are often forgiving of first mortgage deficiencies, and even second mortgages that you are personally responsible for — these can be negotiated to your advantage. It is usually (not always) better to pursue a short sale instead of letting the property go through foreclosure.

And if you have someone else do your short sale for you, you can be on top of what they are doing for you. A lot of Realtors are using third parties to do their negotiating. Not a bad idea. My course teaches you how to do a 9 day house sale and you could use the information to sell houses practically every weekend, for all I know. People are reporting great success. And with the short sale processing under control, you could make a pot full of money.

And here's my offer that has never been made before. It's awesome and it connects with the $97 audio…

Next 200 buyers only…get the $47 audio as a bonus when you order the Mortgage Relief Formula course NOW

Click here to order my course. I will include the Mr. X audiol FREE as an additional, unadvertised bonus. You'll get this entire audio. For not ONE penny more.

You can listen a number of times, take notes, and really "get it". You won't be ignorant of short sales anymore. That and my course will get you up to speed and you'll be a freakin' expert on short sales. I'm not kidding. I've made this complicated subject super easy.

And I take away all the risk. Try it for 60 days. If you don't like it, send me ONE EMAIL and I will refund ALL your money and you keep the course! What could be more fair than that?

I invite people to rip me off (and a few do and that's cool) but on the other hand, my mission is to have thousands of people using Mortgage Relief Formula. That's why I charge thousands LESS than comparable courses, and I do huge volume. Plus, my course is BETTER than the $3000 ones, and I prove it by completely taking on ALL the risk.

Click here for the 60 day trial of Mortgage Relief Formula including the unadvertised Mr. X Call Bonus

Yours very sincerely, 

 

 P.S. If you STILL haven't got Mortgage Relief Formula, you can do so right now and get this fabulous Mr. X audio, the short sale guy who anonymously spills the beans, a $47 bonus, at no charge. I will be selling this audio for $47 but for now, if you get the course, you'll get it free. Click here to order my course and get the free bonus.

 

 

 

 

photography by http://www.flickr.com/photos/everythingisaspoon