Short Sale Archives - Strategic Real Estate Coach

Tag: Short Sale

7 Steps to Searching for Comps

Today I wanted to talk to you about an important piece of the real estate investing puzzle that a few of our students and subscribers have had questions about – Comparative Market Analysis’. You can use these when finding new deals to see if they are in a good area and will sell quickly and… Continue Reading

Why Mold is Gold

Josh here… I’m turning over this blog post to SREC’s head coach, Kyle Garifo, who has been working on some big projects in his market. He’ll walk you through why mold is gold, why not to shy away from flipping bigger houses and how to learn the exact systems that we use in our business… Continue Reading

10 Must-Knows About Buying Real Estate Investment Properties at Auctions

If you’re interested in buying real estate as an investment, you should know the local MLS isn’t your only option. Real estate auctions are growing in popularity, especially for people looking for a bargain. Experienced investors often buy properties this way, but technology has simplified the process and has made it less intimidating to new… Continue Reading

The Easiest Way to Find Killer On-Market Property Deals

What Does On-Market Mean? Step one as a real estate investor is usually the search for a good deal. Depending on your experience and what market you are located in, this can be pretty easy or pretty difficult. As you most likely know, the real estate marketing is HOT right now, proving it to be… Continue Reading

Strategic Real Estate Investing Radio: Peggy Palms on Short Sale Fraud, Practicing Law Without a License and WomenInvestorsNetwork.org

Brian and Paul are joined for this episode by Peggy Palms, one of the top real estate attorneys in the country, author and real estate coach. Peggy touches on the topics of people practicing law without a license as well as short sale fraud. Peggy’s latest passion, WomenInvestorsNetwork.org, which aims to educate women on… Continue Reading

Your License To Print Money? [Free Video]

What if you had a license to literally print money on demand? I’m talking about having a simple system you can rely on… WHENEVER you need a quick burst of cash… Because each and every time you run this system… You’re guaranteed to collect a check for $40,000.00 or more. If you had a system… Continue Reading

Ask the Real Estate Trainers: Aren’t Short Sales a Paperwork Nightmare? – Strategic Real Estate Coach

Real estate trainers at SREC share the secret for escaping a prison of paperwork, freeing you for wild success in short sales. By now, you’ve gathered that some of the most valuable information you’ll get from the real estate trainers at Strategic Real Estate Coach is about who you need to get on your team…. Continue Reading

Strategic Real Estate Investing Radio: Short Sale Negotiator in a 7-Figure Freedom Business

by Josh Cantwell In this week’s episode, I take you behind the curtains of my million dollar investing business… And show you one of the crucial elements you MUST get right if you want to make big profits. We’re talking huge, life-changing money here. Like… seven-figures -a-year money. And if you want ANY chance of getting… Continue Reading

Ask the Real Estate Trainers: Does My Company Need an Acquisitions Manager?

Wondering whether you really need an Acquisitions Manager on your team? Here’s what the real estate trainers at SREC say… The real estate trainers at SREC won’t hesitate a moment to answer this excellent question. The answer is YES! Wondering why an Acquisitions Manager is such an important member of your team? Two words: paperwork… Continue Reading

Josh Cantwell Sneek Peak Newsletter

Check out this sneak peak into what Josh Cantwell sends his personal network each month by clicking the link below. ===> Millennium Newsletter March 2014 Here are some of the results this little newsletter has gotten for Josh Cantwell over the past 2 ½ years. He raised at least one million dollars to… Continue Reading

Finding Your Real Estate Rehab Project

I’ve often thought of real estate investing as looking for buried treasure, except that in this case it’s treasure that everyone can see, if they only had the eyes for it. So how do you develop a house-buying eagle eye? The first thing you will need to do is to identify your sweet spot, that… Continue Reading

Help Homeowners Avoid The Loan Modification Trap [InfoGraphic]

Most loan modification programs focus on making payments affordable for the short term instead of reducing the borrower’s principal to eliminate the burden of negative equity (when what is owed on the house is more than its value). What is a Loan Modification? According to HUD, a loan modification “is a permanent change in… Continue Reading

Fannie Mae To Directly Approve Short Sales

Having successfully completed over 58,000 short sales in 2012, Fannie Mae announced that they are taking additional steps to speed up the short sale process and help troubled homeowners avoid foreclosure. They will do this through their newly introduced HomePath for Short Sales tool, which is designed to help overcome common short sale challenges. Available… Continue Reading

Home Ownership Possible After Foreclosure or Short Sale

There’s a new term in real estate to know – boomerang buyers. This is the term the Wall Street Journal has coined for people who have gone through a foreclosure or a short sale and are ready to be a homeowner again. They have come through the rough patch and are back in the market…. Continue Reading

New Freddie Mac Short Sale Guidelines Announced

As of Nov. 1, the new short sale guidelines announced by Freddie Mac went into effect. These guidelines now ensure that Freddie Mac and Fannie Mae have the same rules regarding short sales. There are three main things to be aware of in these guidelines that are designed to speed up the traditionally long, slow… Continue Reading

My Life in Real Estate – Live Action Short Sale

In this short video I am just leaving a house that my Freedom Team and I will be doing a short sale on. It’s in an affluent neighborhood, the owners owe $550,000 on the house and have a lien on it for $200,000. The house is worth about $350,000-$400,000. Watch to find out how our… Continue Reading

My Life in Real Estate – 3332 Marmore Avenue

Check out this video. I’m at the location of a property that I’m considering buying. It’s a small bungalow in a nice neighborhood south of Cleveland. This turned into a short sale lead – the current owner is underwater, and owes $135,000. My offer on the house was $30,000, but the bank BPO came back… Continue Reading

New GSE Short Sale Guidelines Begin Nov. 1

Beginning Nov. 1, the GSEs, Freddie Mac and Fannie Mae, will implement new short sale guidelines, designed to make the approval process easier for eligible borrowers. This is part of the Servicing Alignment Initiative that results in a decrease in documentation requirements. There are a number of additional changes included, all designed to ease the… Continue Reading

Everything You Ever Wanted To Know About Buying & Selling HUD Homes

Buying HUD properties is a simple, fast way to make consistent profits – quickly putting thousands of dollars in your pocket over and over again. Before we find out some of the tips to working with HUD properties, let’s define what a HUD property is. A HUD property is one that used to have an… Continue Reading

HOPE NOW Releases May Short Sale Numbers

According to Faith Schwartz, executive director of HOPE NOW, short sales are drastically helping their overall foreclosure prevention efforts. The month of May brought nearly $38,000 completed short sales, bring the program’s total to over 900,000. In addition, 63,000 homeowners received permanent, affordable home loan modifications, with more than 17,500 through HAMP and 45,000 through proprietary… Continue Reading

9 Successful Short Sale Exit Strategies

There’s been a lot of attention in the news over the last year+ about short sales and how they are nearly impossible to do anymore. Well, I’m here to tell you that in my business, short sales are thriving. Short sales always have been, and continue to be, an integral part of my investing strategy…. Continue Reading

As Short Sales Increase, So Does Suspicious Activity

At the start of this year, the number of short sales has outpaced the number of REO sales in 12 states. Short sales are increasingly popular with investors as a way to maximize returns from foreclosure sales. Along with the increase in short sales comes an increase in “suspicious mortgage activity reports.” These reports don’t… Continue Reading

Streamlined Short Sales Coming Soon

As of a couple of months ago, short sales accounted for nearly 15% of all home sales in the country. That number continues to grow as homeowners see short sales as a viable alternative to foreclosure. While foreclosures still make up ¼ of all home sales, that figure is down from the previous two years…. Continue Reading

Pending Expiration Fuels Strategic Defaults

The current Mortgage Debt Relief Act of 2007 is set to expire on December 31 of this year. While there is a bill in the House that would extend it to 2015, homeowners are getting twitchy. So much so, in fact, that according to YouWalkAway.com, a foreclosure prevention agency, conducted a survey of borrowers and… Continue Reading

BOA Offering Relocation Cash for Short Sales

Bank of America is offering big incentives for short sales – as in, up to $30,000. The company announced last week that they would offer relocation assistance to those who initiate a short sale by the end of 2012, and close by Sept. 26, 2013. Sellers have to also work cooperatively and proactively with BOA… Continue Reading

Foreclosed But Back to Homeownership

More and more, Americans aren’t letting a foreclosure, bankruptcy or short sale prevent them from becoming homeowners again, and quickly. In year’s past, the only option seemed to be renting. But today, as rental prices are on the rise, they want to take advantage of low home prices. So where is the help coming from… Continue Reading

Which Lenders are the Fastest for Short Sales?

RealtyTrac recently put together a list outlining which lenders/servicers move through the short sale process the fastest and the cheapest. The frontrunners? Freddie Mac, Fannie Mae and FHA have the shortest timelines with 193 days, followed by Ally Financial at 321 days and PNC Financial at 353 days. The short sale timeline being used as… Continue Reading

2012 Could Be a Record Year for Short Sales

Short sales are on the rise. Compared to a year ago, the number of short sales being done increased 33%, according to RealtyTrac. In fact, short sales beat out REO sales in 12 states. In all, 32 states saw an increase in pre-foreclosure sales, typically short sales. There are also signs that lenders are more… Continue Reading

Short Sale Timeline Requirements Set By GSEs

This is big news for real estate investors, specifically anyone who does short sales. As of June 15, real estate agents working on short sale offers with loans backed by Freddie Mac or Fannie Mae should expect to receive a decision on the short sale within 15-30 days. This is part of the overall process… Continue Reading

Proposed Bill Would Prevent Foreclosures with Faster Short Sales

This is good news for real estate investors. Last month, three Senators (Murkowski, Scott Brown and Sherrod Brown) together proposed a bill called the “Prompt Notification of Short Sale Act,” which, in essence, is designed to speed up the short sale process. It would require “a written response from a lender no later than 75… Continue Reading

ACCELERATED INVESTOR: “9 Short Sale Exit Strategies” Webinar Training ON DEMAND!

www.surveymonkey.com/s/acceleratedinvestor

Another Chance (Brand New Presentation Invite)

Yesterday, I sent out an email invite to the encore replay I am doing THIS Saturday with my good friend Derek Walkush where we’ll show you how to profit 9 different ways from short sale properties. Register now for the “Accelerated Investor: 9 Short Sale Exit Strategies”training Saturday at: Noon Eastern 11 Central 10 Mountain 9… Continue Reading

9 Ways To Cash In On Short Sales (starts today, last opp)

Later today, Derek and I will be showing you 9 ways to cash in on short sales step by step whether you are an investor, OR a licensed real estate agent or BOTH. If you miss this you’ll be leaving a boatload of money on the table. Enough to pay your car, mortgage, rent, food,… Continue Reading

9 Ways To Profit From Short Sales?

Yes you read that right. If you position your business correctly you can profit from short sale 9 different ways…..and 4 to 5 all at once on the same deal. Tomorrow I’ll teaching you step by step how to position your business in a way that profits from short sales regardless of whether you flip… Continue Reading

Is Anyone Still Flipping Short Sales?

Answer: Yes and No Let me explain. A few years ago EVERYONE was flipping short sales and making gobs of money doing it. Today there are still investors making a killing with short sales BUT THE RULES have changed. The game is not being played on a level playing field anymore. The banks, underwriters and… Continue Reading

Systems Maps Today Only, Tomorrow Is One Day Too Late

On today’s webinar you will see how BUSINESS SYSTEMS will take you from struggling, broke, tired, overwhelm and no direction….. To….. An empowered, new rich, excited, laser focused, real estate money getting machine…. ITS ALL ABOUT BUSINESS SYSTEMS……which I discovered in…….you guessed it….mid 2004 and I’ve been laser focused on ever since. You’ll discover this… Continue Reading

CRITICAL Business Systems (Free Mind Map)

I’ll tell you more about the free mind map in a second, but I have a quick lesson I want to teach you first…. ***********LESSON************** Yesterday, I was reviewing my online lead generation results for the past 7 months. I’ve generated 1,397 seller and buyer leads online in the past 7 months. That’s$ 199.57 leads… Continue Reading

Bad news for real estate investors – Buyers can’t get loans.

So I’m sorry to be the bearer of bad news today but there’s some data I have in my hands that I must reveal to you. Read this carefully please. *Short Sale flips are tougher to do than ever. There simply aren’t enough people who can get bank loans to “cash you out” once you… Continue Reading

Three real estate investing strategies you should focus on today

I recorded a great training video I think you should watch on how I’ve positioned my real estate investing business to evolve over the past 4 years. It also explains what I’m doing right now in my real estate investing business to cash in and how you can do the same. What’s cool is these… Continue Reading

Here’s why 2012 Real Estate Investing Is Different

We’re smack dab in the middle of the biggest market shift we’ll ever see in our lifetime. It creates challenges sure. But it also creates new profitable opportunities. After reading up on the news about how no one can get bank loans and reading your survey responses last week, I decided to show you EXACTLY how… Continue Reading

Even You Won’t Be Able To Qualify for a Mortgage Any Time Soon

The other night I was lying in bed reading an article that blew me away… It’s called “Prime Mortgage Borrowers: Then vs. Now.” It was comparing the prime borrower in 2007 to the prime borrower RIGHT NOW. Check out how ridiculously easy it was to qualify for prime only a few years ago… In 2007… Continue Reading

REVERSE SHORT SALE REVEALED: Webinar Training Class w/ Josh and Cody

I talked to Cody, The Reverse Short Sale Expert and I told him after getting so much interest in his concept we had to do a webinar training class to reveal this in greater detail, answer questions and show investors just how dynamic this will be. Join us this Tuesday, November 1st, 2011. Register for… Continue Reading

#1 Real Estate Investing Secret [do not forward]

Those of you that know me know I love working smarter, not harder. I am happy to say that thanks to my friend Cody my life just got a little easier. 🙂 I call my buddy Cody the ‘Clever Investor’. Seriously, the guy is as sharp as a tack. He recently discovered a brand new… Continue Reading

How To “Cheat” On Short Sales

I just got off the phone with a really successful short sale investor from Arizona who’s connected to my inner circle. He told me that after doing hundreds of short sales he’s found a way to cheat the short sale process. You have to see this! Check out this brand new video I have done… Continue Reading

I need private money to do big deals. You do, too.

I’ve been getting a lot of questions lately from my members about Private Money, Hard Money, and Transactional Funding. Here’s the MAIN question they ask: Do I need private money to be super successful in real estate? ~OR ~ Can I do alot of deals without private money? Here’s MY answer: You can do lots… Continue Reading

The One and ONLY Method For Flipping Short Sales Legally

The team and I at Strategic Real Estate Coach have been keeping a secret from you for a very long time. I’m sorry, but I had to finally get this off my chest. We have discovered (and used effectively for over 18 months now) what’s arguably the MOST effective way for quick-turning short sales for… Continue Reading

Here’s what seasoned investors are saying about “The Dovetail Method”

Hey, I need to be short today because I’m working with John and Jerry to polish things up for Thursday’s webinars. Register for the 12pm EST/9am PST webinar here. Register for the 9pm EST/6pm PST webinar here. I thought the most powerful way for me to prove to you that you NEED to be on… Continue Reading

Today only….tomorrow is one day too late

On today’s webinar you will see how BUSINESS SYSTEMS will take you from struggling, broke, tired, overwhelmed and no direction…..(like I was in early 2004) To….. An empowered, new, rich, excited, laser focused, real estate money getting machine….(like I’ve been since late 2004). IT’S ALL ABOUT BUSINESS SYSTEMS……which I discovered in…….you guessed it….mid- 2004, and… Continue Reading

15 Ways to Succeed in Real Estate Investing

It wasn’t long ago that real estate was the way to make money. But, is that still true? Things are by no means back to the “old ways” but if you look around, you will see that the tide is changing. Money can be made in real estate investing. Strategic Real Estate Coach presents this… Continue Reading

Meet Our SREC Student of the Month, Peter Gorski

We’re proud to spotlight SREC Coaching Student of the Month, Peter Gorski. Peter joined our coaching program about two months ago, and has already been realizing some tremendous results! Peter attended our 2-day SummerFest high-end student mastermind event last week, and had a tremendous experience. As a gift for being chosen Student of the Month,… Continue Reading

This Is Something You Need To Watch (If You Care About Money)

Last night I held a special presentation covering my proven strategies for you to capture the massive opportunity in 2011. I’ve gotten so much positive feedback, there were over 3,400 people who watched the video, that I’ve decided to post the video online for you to watch right now. Watch the video now: http://instantcashinfusion.com Here… Continue Reading