How to buy a House with A Short Sale
Good Money Monday
Investors use different tactics and strategies to buy houses and I'd like to share with you a tool that's really changed the way I'm buying houses today. Short sales really became popular back when the real estate market was crumbling in 2008. But back then, the banks were focused on prices that worked for owner occupied buyers. Recently, I'm seeing banks really take huge discounts on loans upwards of 70-80% off the loan balance. A short sale is simply where the bank allows the home owner to sell the house for LESS than what the seller owes. My last 3 purchases were done using this exact same strategy and you can do it TOO!!!
I did a video for you that will show you the 6 steps to buying your next house with a short sale. Check it out below...
Now this is only PART 1 of this training because as you know, REAL ESTATE DOES NOT HAPPEN IN AN OFFICE. Part 2 is going to show you the house, plus the repairs that need to be completed in order for us to turn this into a short sale. Remember, this strategy is advances so you may need some assistance with putting it together....
Merry ChristmasKris Haskins
ps- Tired of getting only bills in the mail, shoot your name and physical mailing address to [email protected] to claim your 2 free months of our Roundup Newsletter!ppss- I'm always available to assist with deals structuring and negotiating, just email me.
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