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All Forum Posts by: Michael Scott

Michael Scott has started 11 posts and replied 44 times.

Post: Door knocking, HELP!

Michael ScottPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 49
  • Votes 4

"Different strokes for different folks"

Door knocking is going to appeal to some and not to others. Just as mailers or any other approach. The trick is being consistent. In this business you can't just try an approach and then change and try another. If you are consistent, then you will get results. After that, it's all contingent if you can close.

Post: Some Short Sale Questions

Michael ScottPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 49
  • Votes 4

I would just revise the HUD and you might want to send some pics of the damage.

Most lenders are convinced that BPO's are good for 3months. Depending on the lender and the rep assigned to the file, they might do another one if you supply them comps that support it. Not likely but if you don't try then they definitely will not.

Lenders will postpone, especially if they are still reviewing the file. Most lenders will not even put in the request to postpone until 5 days before the auction.

Post: New stipulation on Countrywide Approval

Michael ScottPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 49
  • Votes 4

I've seem that once or twice...They also asked me once for the first 5 numbers of the buyers social and bank statements...i pulled the race card

Post: Short Sale Lingo....

Michael ScottPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 49
  • Votes 4

Anyone know of any good terms to use when talking with the lender to let them know you know what you are doing from the get go?

Just looking for some terms to help get them to drop their guard from the beginning.

Thanks in advance!