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  • Suggest You - Short Sale Real Estate Investing - Pit Bull Theory

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    Perfect conditions for short sale real estate investing.

    Your initial calls to her lender went well. You reached Mrs. Motivated’s collections supervisor, w

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    You’ve decided to get involved in short sale real estate investing, and you have a deal working. A distressed seller has asked for your help, and you’ve even gotten to first base with the lender. Negotiations have begun, but have stalled out because there seems to be some apathy on the lender’s part for getting this deal done… what now?

    Here’s the scenario- Mrs. Motivated called you six days ago with a house she needs to sell right away. Her husband walked out, leaving her saddled with payments of $900 per month, way over her head. She’s two month’s behind, with a mortgage balance of about $110,000, and a house value of about $125,000. Perfect conditions for short sale real estate investing.

    Your initial calls to her lender went well. You reached Mrs. Motivated’s collections supervisor, wh

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    “The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.”We often indulge in uncontrolled expenses and spending beyond our means i.e.; spending more than you earn results in mounting debts. At times of severe financial crisis, Debt Management helps you to manage your funds and al
    en to first base with the lender. Negotiations have begun, but have stalled out because there seems to be some apathy on the lender’s part for getting this deal done… what now?

    Here’s the scenario- Mrs. Motivated called you six days ago with a house she needs to sell right away. Her husband walked out, leaving her saddled with payments of $900 per month, way over her head. She’s two month’s behind, with a mortgage balance of about $110,000, and a house value of about $125,000. Perfect conditions for short sale real estate investing.

    Your initial calls to her lender went well. You reached Mrs. Motivated’s collections supervisor, w

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    one… what now?

    Here’s the scenario- Mrs. Motivated called you six days ago with a house she needs to sell right away. Her husband walked out, leaving her saddled with payments of $900 per month, way over her head. She’s two month’s behind, with a mortgage balance of about $110,000, and a house value of about $125,000. Perfect conditions for short sale real estate investing.

    Your initial calls to her lender went well. You reached Mrs. Motivated’s collections supervisor, w

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    dled with payments of $900 per month, way over her head. She’s two month’s behind, with a mortgage balance of about $110,000, and a house value of about $125,000. Perfect conditions for short sale real estate investing.

    Your initial calls to her lender went well. You reached Mrs. Motivated’s collections supervisor, w

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    Perfect conditions for short sale real estate investing.

    Your initial calls to her lender went well. You reached Mrs. Motivated’s collections supervisor, who referred you to the lender’s short sale real estate investing department, otherwise known as “Loss Mitigation”. Ah, lenders and their silly names!

    Miss Mercy, in Loss Mitigation, informed you that you would need to submit an offer, accompanied by proof of funds, to her office on a form that she would provide. You happily complied, offering $90,000. Your hopes were high.

    Miss Mercy has now applied the brakes in dramatic fashion, thus smashing your cherished little hopes, and those of Mrs. Motivated. On the phone, Miss Mercy expounded for several minutes on her bank’s policy, “never, under any circumstances whatsoever,” to accept

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