This note is secured by a Deed of Trust to ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬ trustee of sellers choice Short Sale Purchase: $ ____________________Existing Loans which will have a principle reduction negotiated with the mortgagor. 1st Lender: _______________________ Amount owed not to exceed ____________2nd Lender: _______________________ Amount owed not to exceed ____________3rd Lender: ________________________ Amount owed not to exceed ____________In the event that the buyer needs to adjust the purchase price, either as an increase or reduction, said adjustment may be authorized at the sole option of the buyer. Option: $ ___________________. 00_________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ I/We, _______________________________________________________, Seller(s) agree to this purchase price and term(s) as indicated within item number II of this Contract for Purchase and Deposit Receipt.____________________________________________________ SellerDate ___________________________________________________ SellerDate III.CONSIDERATION RECEIPT AND SUFFICIENCY: Seller hereby acknowledges and accepts the amount of consideration as the total consideration for the sale of the property to Buyer.

In the event that the buyer needs to adjust the purchase price, either as an increase or reduction, said adjustment may be authorized at the sole option of the buyer.

This note is secured by a Deed of Trust to ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬ trustee of sellers choice Short Sale Purchase: $ ___________________. 00Existing Loans which will have a principle reduction negotiated with the mortgagor. 1st Lender: _______________________ Amount owed not to exceed ____________2nd Lender: _______________________ Amount owed not to exceed ____________3rd Lender: ________________________ Amount owed not to exceed ____________In the event that the buyer needs to adjust the purchase price, either as an increase or reduction, said adjustment may be authorized at the sole option of the buyer. Option: $ ___________________. 00_________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ I/We, _______________________________________________________, Seller(s) agree to this purchase price and term(s) as indicated within item number II of this Contract for Purchase and Deposit Receipt.____________________________________________________ SellerDate ___________________________________________________ SellerDate III.CONSIDERATION RECEIPT AND SUFFICIENCY: Seller hereby acknowledges and accepts the amount of consideration as the total consideration for the sale of the property to Buyer.

I guess since they are doing it completely in house they could do a principal reduction.

First ugly neighbors create great price reductions for sellers.

No such thing as magic pill or magic website that is most accurate, you still need to do your own due diligence, agents can put comps and CMA, some times they don't even match that against tax records, all they pull is from MLS, you wanna know about all sales weather on MLS or off MLS.

There is no magic pill or one specific way to get new customers rather there are 100's of different things to do and you must do all of them constantly to have a consistent business flow.

Especially when I add in the fact that the house is on a major street and the nicely remodeled house next door that is listed at $355k has been on the market for almost 5 months with numerous price reductions.

Derek,most people think that you have to mass advertise which I disagree, you have to pick a smaller list and continue to work that and be in their presence more and your results will be better. 25 letters send 4 times a month to a specific list is better than 1000 letters once every month to a bigger list. every one thinks you just need one way to do marketing, you have to always be flexible and have variety of stuff to do your marketing with to generate new blood. all business either have too much or too little business as it is never balanced, its either family or feast. you should never turn off the marketing machine and constantly be looking out to take in new business with different strategies, as your business grows you continue using marketing but get pickier who you want to take on as a client. there is no magi pill of one item for successful marketing there are probably over 30 different things to do and you must be doing all 30 to get new customers.

With that large of an equity reduction you'll probably have to market to all three absentee types.