The process of completing the required education, PSI examination, and deciding on a sponsoring broker were all easier than I expected.

I became a BP Pro and have been practicing with the calculators, along with reading and listening to their books.Like most, I am nervous about pulling the trigger, but I know practicing with the calculators and focusing on one area will ease the nerves a little.

Spend a ton of time examining differences and learning what impacts value in your market.

The servicer often services mortgages that have been purchased by an investor in the secondary mortgage market.servicingThe collection of mortgage payments from borrowers and related responsibilities of a loan servicer.settlement statementSee HUD1 Settlement StatementsubdivisionA housing development that is created by dividing a tract of land into individual lots for sale or lease.subordinate financingAny mortgage or other lien that has a priority that is lower than that of the first mortgage.surveyA drawing or map showing the precise legal boundaries of a property, the location of improvements, easements, rights of way, encroachments, and other physical features.sweat equityContribution to the construction or rehabilitation of a property in the form of labor or services rather than cash.tenancy in commonAs opposed to joint tenancy, when there are two or more individuals on title to a piece of property, this type of ownership does not pass ownership to the others in the event of death.third-party originationA process by which a lender uses another party to completely or partially originate, process, underwrite, close, fund, or package the mortgages it plans to deliver to the secondary mortgage market.titleA legal document evidencing a person's right to or ownership of a property.title companyA company that specializes in examining and insuring titles to real estate.title insuranceInsurance that protects the lender (lender's policy) or the buyer (owner's policy) against loss arising from disputes over ownership of a property.title searchA check of the title records to ensure that the seller is the legal owner of the property and that there are no liens or other claims outstanding.transfer of ownershipAny means by which the ownership of a property changes hands.

One thing I want to mention is that these books and podcasts serve for more than just a knowledge base, they give you the nerve to jump over that phycological fear barrier, which In my opinion keeps more people out of the game than lack of knowledge or skill.

When you examine all the sold comps and compare each of them you will likely see some commonalities within the individual price ranges. 

Don’t just me but the first purchase is nerve wrecking for me.Thanks

Basically I'm trying to examine if there are any inefficiencies/pains in the *** that can be automated away to save hassle and headache.

My imagination started running wild over weekend when my QI office is closed so I reached out to the BP community to help calm my nerves. 

The price was great, but I found it a nerve-wracking process the first time because it is so different to purchasing through the traditional channel.