Short Sale offentlig
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LEE HONISH ADVOCATE, Author, Real Estate Consultant and FORMER Head Loss Mitigator: IndyMac Bank with 22+ years Asset Management background For the past fiveyears Lee Honish has conducted more than 600 seminars, training over 50 thousand agents how to rescue families from the nightmare of foreclosure. “It is not as difficult to work with the banks as people have led you to believe. Banks want to sell these properties, not own them,” says Honish. Honish had a 20+ year career as a foreclosure ...
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Why will wholesalers go broke in 2023? It's very simple. They are ignorant of recent real estate history. They won't adapt to the coming changing real estate market, and they won't pivot to short sales. The ones that DO understand that the market goes up and down; that ARE willing to adapt; and who will embrace the pivot to short sales will not onl…
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If you've ever asked yourself if Short Sales are coming in 2023, you've come to the right place, although the answers may not be what you're expecting! In this episode, I talk about how rising inflation & rising interest rates are going to put the brakes on the housing market, how statistics show that the housing slowdown is already happening NOW(!…
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If you've ever wondered if there is a looming housing crisis, you've come to the right place, although the answer may not be what you're expecting. In this episode, I talk about how the Credit Suisse troubles could be the canary in the coal mine for other financial institutions, why the current economic situation with rising inflation and interest …
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Why should you become a short sale expert? Well, I have a feeling that the answers may not be what you're expecting. In this episode, I discuss why the deadly combination of inflation and rising interest rates are going to cause significant price reductions in the real estate market, why there is little competition right now, which means massive op…
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If you've ever wondered what are the three types of mortgages, which can land you in a short sale, you've come to right place, although the answer is probably not what you're expecting. In this episode, I'll show you that 100% financing option, like VA & USDA are risking, how FHA at 97% is also risky, and why HELOC's and 2nd mortgages to finance yo…
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If you've ever asked yourself, what are the advantages to a short sale, you've come to the right place, although the answers are probably now what you're expecting. In this podcast, I'm going to tell you three major reasons why an upside/down homeowner should do a short sale - it costs NOTHING to the homeowner, it does the least damage to their cre…
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if you've ever wondered what the difference between a regular real estate deal, a creative financing deal, and a short sale, you've come to the right place, although the answer may not be what you're looking for. In this episode, I explain how a regular real estate deal works, what is creative financing, and what is a short sale and how it works.…
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Are short sales coming back? If you want to know if short sales are coming back, you've come to the right place, although the answer may not be what you expect. In this episode, I discuss the reasons why they MAY be coming back, due to an overdue market correction, too many refinances during the last 2-4 years, and a possible looming recession.…
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Are you not prospecting in your real estate investing business? if not, it may because of these three factors. In this podcast episode, I show you that you may be self-sabotaging because you don't think you deserve success, that you are married to the result and NOT the process, and that you don't understand the 90-10 rule. Enjoy!…
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It happens to all of us. We get a little lazy. Life happens. Things come up. Suddenly, you find that a week or more has passed and you've lost your consistency. In the episode, I tell you two ways to get your REI business back on track. Enjoy!Av Dohn Thornton
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Short sale or rent my home? If you've ever wondered whether you you should short sale or rent your home, you've come to the right place. In this video, I explain that you need to ask yourself three questions: is your house upside down, does your house cash flow, and are you current with your mortgage payments?…
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Do I need a lawyer to do a short sale? If you've ever wondered whether you need a lawyer to do a short sale, you've come to the right place. In this episode, I explain why lawyers are the only people who are allowed to take money up front, with no guarantee of a positive result, how lawyers, themselves, don't negotiate short sales, and how you shou…
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What is a reverse mortgage short sale? If you've ever asked about what a reverse mortgage short sale is, you've come to the right place. In this episode, I explain what a reverse mortgage is, how a reverse mortgage is different from a regular short sale, and why the elderly homeowner needs to still be alive for it to work.…
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Can you short sale an investment property? If you've wondered about whether you can short sale an investment property, you've come to the right place. In this episode, I go over why it's possible, why tenant-occupied properties offer a special challenge, and why squatters are the worst-case scenario.…
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Short sale or foreclosure? If you've ever questioned whether you should do a short sale or let your house go to foreclosure, you've come to the right place. In this video, I explain what foreclosure gets you, what a short sale gets you, and why you need to chose the BEST company out there....mine!.Av Dohn Thornton
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What is a a short sale financial hardship letter? If you've ever had questions about a short sale financial hardship letter, you've come to the right place. In this episode, I explain how to determine your hardship, how long the hardship letter should be, and why you have to write the letter in the first place.…
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Short sale in Orlando FL? If you've ever had questions about short sales in Orlando FL, you've come to the right place. In this episode, I talk about how we can help homeowners in Central FL and Orlando FL, who need a short sale, why buyers should definitely want to work with us, and what real estate investors and realtors can team with us to work …
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What are the bank requirements for a short sale? If you've ever had questions about the bank requirements for a short sale, you've come to the right place. In this episode, I explain that the property needs to be upside down, what financial documents you'll need to provide, and how you have to abide by the bank's Arms Length Transaction affidavit.…
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Short Sale Extension? If you've ever had questions about a short sale extension, you've come to the right place. In this video, I explain what a short sale approval or agreement is, why you're playing with fire if you're counting on a short sale extension, and why you should close on time!!! If you’re a homeowner and you’re looking to do a short sa…
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How long to rebuild credit after short sale? If you have ever wondered how long to rebuild credit after short sale, you've come to the right place. In this episode, I advise you to do an inventory of your current credit situation, stop the bleeding, and start to rebuild your credit.Av Dohn Thornton
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Short sale process after appraisal? If you have ever wanted to know about the short sale process after the appraisal, you've come to the right place. In this episode, I explain what a value dispute is, , whether the buyer will walk or not, and getting the short sale approved and closed.Av Dohn Thornton
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Short Sale Deficiency Forgiveness? If you have ever wanted to know about short sale deficiency forgiveness, you've come to the right place. In this episode, I explain what a deficiency balance is, where you'll know 100%, that the balance has been forgiven, and what the tax implications are.Av Dohn Thornton
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Can you short sale a rental property? If you have ever wanted to know if you can short sale property, you've come to the right place. In this episode, I talk about some short sale myths, why a tenant-occupied short sale is challenging, and what the chances of getting a relocation incentive at closing.…
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Short Sale Process Florida? If you want to learn about the short sale process in Florida, you've come to the right place. In this episode, I explain why you should choose the BEST company here in FL, why you need to show the property consistently, and how we negotiate with the bank to get a price where it will sell!…
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Second lien holder short sales? If you have questions about second lien holder short sales, you've come to the right place. The answer may not be what you expect. In this episode, I explain how the 1st and 2nd lien holders work together, why the first lien holder has "hand," and how easy it is to negotiate with a second lien holder.…
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Sarasota foreclosures and short sales? If you have questions about Sarasota foreclosures and short sales, you've come to the right place. The answer may not be what you expect. In this episode, I explain why Sarasota FL has a history of being a fertile ground for foreclosures and short sales, why there are lots of FHA, VA, & USDA loans, which can l…
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Short Sales in Las Vegas? If you have questions about short sale in Las Vegas, you've come to the right place. The answer may not be what you expect. In this episode, I explain why the service industry in Las Vegas means LOTS of FHA, VA, & USDA loans, why not having any equity makes you ripe for a short sale if life happens, and why you should choo…
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Fannie Mae Short Sale? If you have questions about a Fannie Mae short sale, you've come to the right place. The answer may not be what you expect. In this episode, I explain who Fannie Mae is, what the Home Path program is, and why we love Fannie Mae short sales. If you’re a homeowner and you’re looking to do a short sale, click on this link to get…
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A short sale must be approved by? If you have questions about who must approve a short sale, you've come to the right place. The answer may not be what you expect. In this episode, I explain who the servicing company is, who owns the actual mortgage, and, if it's a government-back mortgage, they have to approve it as well. If you’re a homeowner and…
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How long can a short sale take? If you have questions about how long a short sale can take, you've come to the right place. The answer may not be what you expect. In this episode, I talk about how long private bank and Fannie Mae & Freddie Mac short sales can take, how long FHA and USDA loans can take, and why VA loans often take the longest.If you…
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Can You Do A Short Sale While In Chapter 13? If you have questions about whether you can do a short sale while in Chapter 13, you've come to the right place. The answer may not be what you expect. In this episode, I explain what a Chapter 13 BK, why you need to get authorization from the BK attorney, and why the bankruptcy Trustee is keyIf you’re a…
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What is short sale fraud Arm's Length Transaction? If you have questions about what is short sale fraud Arm's Length Transaction, you've come to the right place. The answer may not be what you expect. In this episode, I explain what an Arms Length Affidavit is, why a lack of 100% disclosure is bad, and why you should ONLY work with a company with o…
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How to negotiate a short sale price? If you want to know how to negotiate a short sale price, you've come to the right place. The answer may not be what you expect. In this episode, I start with a basic description of the short sale price, why it's important to SUBTLY influence the bank's appraiser, and why the value dispute is your best chance to …
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Short Sale Example? If you want to check out a recent short sale example, you've come to the right place. It may not be what you expect. In this video, I break down from beginning to end a short sale we closed recently in Brooksville, Florida If you’re a homeowner and you’re looking to do a short sale, click on this link to get more information abo…
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I was interviewed recently on the Thunder From Down Show about my short sale business. It's a great way to learn all about short sales and how to work with me to create an amazing second income stream for yourself, as a real estate investor. If you’re a homeowner and you’re looking to do a short sale, click on this link to get more information abou…
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What are short sales incentive programs? If you have questions about short sale incentive programs, you've come to the right place, although the answer may not be what you're expecting. In this episode, I explain why short sale incentives are needed, I talk about the relocation incentive, and why debt forgiveness, covering the seller's closing cost…
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What are short sales incentive programs? If you have questions about short sale incentive programs, you've come to the right place, although the answer may not be what you're expecting. In this episode, I explain why short sale incentives are needed, I talk about the relocation incentive, and why debt forgiveness, covering the seller's closing cost…
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What are the benefits of a short sale for the buyer? If you have questions about what are the benefits of a short sale for the buyer, you've come to the right place, although the answer may not be what you're expecting. In this episode, I explain why there is little competition for buyers in a short sale, how you can get discounted prices if you bu…
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What are short sales and closing costs? If you have questions about short sales and closing costs, you've come to the right place, although the answer may not be what you're expecting. In this episode, I explain what the typical closing costs are, what the bank pays, and what the buyer pays. If you’re a homeowner and you’re looking to do a short sa…
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Short Sale acceptance letter? If you want to know about short sales acceptance letter, you've come to the right place. The answer may not be what you expect. In this episode, I explain what has to be done to get a short sale acceptance letter, the key conditions to check in the short sale acceptance letter, and the importance of setting the optimal…
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Short Sale Homes In Fort Lauderdale Florida?? If you want to know about short sale homes in Fort Lauderdale FL, , you've come to the right place. The answer may not be what you expect. In this episode, I talk about how we can help you if you're looking to buy a short sale home in Fort Lauderdale Florida, if you're looking to sell a house with a sho…
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Bankruptcy short sale vs foreclosure? If you want to know about bankruptcy short sales vs foreclosure, you've come to the right place. The answer may not be what you expect. In this episode, I explain how a bankruptcy and foreclosure generally works, why a short sale can often help you avoid bankruptcy altogether, and why you should stay in the hou…
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