Confused? Enhance Your Skillset!

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Negotiating a Short Sale Acquisition isn't unlike going into battle. Make sure you have enough ammunition or you'll won't last long.

A key to successful short sale acquisition is to be able to denigrate the lender's perception of value. Using irrefutable market data.

Too many people treat short sale acquisition strategy like a game of darts... and you wonder why your offers are rejected or experience (avoidable)difficulties closing.

Ok, you've forced me to do it. As a follow up to "A Short Sale Primer" look for
"Blow Away their BPO..."



[ Edited by TheShortSalePro on Date 11/18/2003 ][ Edited by TheShortSalePro on Date 11/18/2003 ]

Comments(9)

  • RESolutions19th November, 2003

    ....Looking to "Blow Away" BPO's on nice houses...other than the normal paint and carpet needs....does anyone have any suggetions when the house doesn't really need repairs?...One particular house is upside down on the mortgage balance after all the late fees etc...is the lender going to want to accept a short? or will they want to retail it?

    Thanks

    [ Edited by RESolutions on Date 11/19/2003 ][ Edited by RESolutions on Date 11/19/2003 ]

  • RESolutions19th November, 2003

    ....Looking to "Blow Away" BPO's on nice houses...other than the normal paint and carpet needs....does anyone have any suggetions when the house doens't really need repairs?

    Thanks

  • TheShortSalePro19th November, 2003

    It's still a matter of presenting a compelling argument in your Proposal.
    Your Proposal should indicate that accepting your Proposal is in their best financial interest. Use irrefutable data.

    If the property is in good shape, then concentrate on the market.

    If it's simply a matter of numbers... use a time value of money scenario in conjunction with your cost benefit analysis.

  • davidbarnes19th November, 2003

    I'm confused, certain threads get banned for advertising services or deals. Yet nearly all your posts are to promote your selling items.

    Do you have a special seniority that allows you marketing privledges??

    just curious, don't get offended.

  • TheShortSalePro19th November, 2003

    Nearly all? 90% 80% 70% Hmmmm.

    Perhaps it's because my product, my only product, speaks to the truth of the subject. It doesn't hype ATYPICAL results, or suggest anything untoward.

    Maybe I'm permitted certain liberties, but perhaps I give far more than I receive.

  • dirtman8919th November, 2003

    I just want to quickly take exception to some of Mr. Barnes' comments. I regularly read ShortSalePro's posts and have learned a great deal. He is a great resource and I feel, rarely mentions his powerful products. Not that he needs my defense, I couldn't resist.

  • vlynn00719th November, 2003

    ShortSalePro post focus more on helpful info than it does on selling products. Thanks ShortSalePro it does seem to me that you give more than you receive.

    Veronica

  • TheShortSalePro19th November, 2003

    Thanks, but I didn't take offense. I appreciate the latitude that I'm afforded. One thing I forgot to mention. All proceeds (after web host's fee) for any product or service I provide are donated directly to the account of a charitable, NP corporation. Why?

    Because the Primer was written both as a fundraiser for a charity that I'm associated with, and, to enable speculative investors (new and seasoned alike) to better complete their short sale attempts.

    You see, my primary work is that of a consumer advocate. Those financially distressed homeowners who have little choice but to sell their property are really depending upon you guys to 1) know what you are talking about, and 2) deliver what you promise.

    A deal that dies on the vine due to an ill-conceived plan helps no one.

    When I'm asked to resurrect 'at risk' transactions, I first look for the most likely reason it has gone bad. Most often, it's a fundamental problem easily avoidable, but hard to correct due to the time sensitive nature of foreclosure acquisition.

    I speak to the fundamentals in my product in an effort to help prevent deals from going awry... and to generate a revenue for a struggling non profit organization.

  • davidbarnes20th November, 2003

    the point was not to attack SSP but to ask him how he is able to solicit on this site when others aren't.

    I figured he had some level of seniority that might be attainable.

    It was a question not an attack. I too feel he is helpful.

    thanx

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