The real estate short sale industry is booming and lenders are so overwhelmed with new and existing over debted properties in default that they need our help!  What I mean by that is, if you are doing short sales, please DO THEM correctly!  I keep getting feedback from lenders that there are too many investors [...]

One word…ego.
And the factor that amplifies this ego is the unfortunate fact that we are in a buyer’s market.  Buyers and their agents know that for deals to be successful, their offers are needed.  They know they hold all the cards and that sellers and foreclosing lenders alike are desperate for those short sale [...]

For those of you that have been doing lots of short sales lately, you’re likely aware that many second mortgages are requesting a minimum of 10% in order to agree to a short sale.  Bank of America is no exception to this.  They are now one of the lenders that request a minimum of 10%, [...]

First of all, “yes” some short sales take long to sell and “yes” some short sale listings can be frustrating.  But let me tell you this; not all are created equal! With a little patience and a little creativity you can overcome some of the shortcomings of listing pre-foreclosure/short sale properties and make a lot [...]

In the course of all the short sales you will take on, you will likely encounter some highly irrational real estate agents.  But fear not!  You can work successfully with them, despite all their grumbling!  The key is to build rapport with them, to get the point across that you are all on the same [...]