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 | |  | | E-book Category: Investing
E-book Title: Short Sales
Author: Jarad R. Severe
Book Description: How would you like the Complete Guide to Short Sales? This short sale guide has everything you need to do your first short sale. I walk you step by step through the process of talking with the homeowner, getting the deed, negotiating with the bank, ordering the packet, filling out the paperwork, sending it back and making a profit. Yes, it's all there. Even the forms. All you have to do is move your feet.
This 65 page book was written with the "KISS" approach. Keep It Simply Simple. It's all straight forward and to the point. No Fluffy stuff. I also try to answer all the questions you may have while going through the whole short sale process. Here are just some of the things you can expect to learn...
You will learn how short sales work. Why lenders are so willing to take huge discounts.
You will learn the proper way of negotiating a short sale. Time is very valuable to you, and you must not waste it here.
You will learn how to avoid the biggest mistake all rookie investors make. This mistake alone can end up costing you thousands.
You will learn how to set up a land trust so you can take control of the property without actually owning it. When set up correctly, you will receive all benefits that come with the property.
The Authorization to Release Form. This gives you authorization to view the homeowners' loan. You must have this!
The Escrow Letter so you can pull out any excess money in escrow.
Purchase Agreements. This is one of the hardest parts of the whole process. You must learn how to fill these out correctly. We provide examples of one's already filled out so you can just copy them.
Hardship Letters. These letters explain to the lenders why they should accept a discount. There are certain things you need to say so odds are in your favor.
Calling the bank. This is a critical piece. If you don't do this right, many banks will not work with you because they know you are a rookie. There are certain things you say and things you do not say.
You will learn how to fill out the HUD-1 settlement statement.
You will learn about BPO's. This stands for Brokers Price Opinion. Before the lender accepts your offer, they send out a "broker" to evaluate the property and see what it's worth.
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