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Live Your Dreams With Help From The Queen® |
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in your privacy.
Your name and email will not be
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Real
estate foreclosure rates are at the
highest point in
national history.
 For many individuals and lenders the
high number of mortgages in default
is quite disturbing. However, for
skilled real estate investors this
trend is proving quite profitable.
Short selling financially distressed
properties is a win-win situation
for everyone involved.
When a short sale is set up and
completed properly, property owners
avoid having the foreclosure
recorded by credit bureaus and
therefore do not suffer the
automatic 200-300 point drop in
their credit score. Avoiding a
full-fledged foreclosure is vital to
the individual's ability to
reorganize their finances and
purchase a new home.
Foreclosing on properties and
repossessing homes is extremely
costly for the mortgage lender.
Banks like participating in short
sales because they save thousands in
legal fees, required advertising
costs, auction fees, property
holding costs, lost mortgage
interest, labor and real estate
broker fees.
Short sale real estate investors
negotiate the purchase of
financially distressed properties
directly with the mortgage lender.
Buying the property for pennies on
the dollar, the investor now has
four separate avenues from which
they can derive revenue. They can
add the property to their long term
rental inventory, their lease/option
inventory, wholesale the property to
another investor or rehab the
property and liquidate it on the
retail market.
Deb McMillan, the Short Sale Queen®,
has dedicated her career to teaching
investors how to organize and
execute profitable real estate short
sales.
Her website is the only resource you
need to get the most comprehensive,
up-to-date short sale information
available and all the tools you need
to begin making money from real
estate short sales.
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