Top Short Sale Tips from Group 46:10’s Class

 

  1. View www.shortsalepowerhour.com videos.
  2. Hold an ‘Alternatives to Foreclosure’ class/webinar.
  3. Use a hardship ‘paragraph’ not lengthy letter.
  4. Ask for nonrefundable buyer earnest money for 90 days.
  5. Pad the HUD, i.e. Tax prorations, HOA fees.
  6. Get supervisor contact info before you need it.
  7. Short sales are math problems not word problems.
  8. Discuss ‘net proceeds’ not price.
  9. Ask who is investor and MI number
  10. Use social media (the new marketing currency) to lead generate.