I'm also interested in short sales because it sounds like a nice way to get good deals (though some people here seem to think this method is not that viable?

Not to my knowledge, unless the mortgage balance(s) exceed anticpated proceeds from sale... then you would mortgagee preforeclosure short sale approval.

$50,000 60 day private loan needed to secure a Bond. Please e-mail me ASAP if you can help.

Best Regards,

Mark Bubloski
Broker Associate

you could try to create a note and sell the note at closing or shortly thereafter.

I have had a loss mitigation case close and settle and I have a pending short sale at the moment.

The vast majority of new investors fail in a short period of time because they pay too much for their property and lose money.Having said all that, there is good money to be made in real estate.

I told my agent to keep an eye on it, but while I went out of town for two weeks, a last minute short sale was advertised, nobody bid, and not it gets taken off the market. and my agent did not catch that at all :pissed: The seller's agent claims she does not know anything, and is not giving out seller's number.

When I was a kid, I would fix and flip music gear so I could get the stuff I wanted.

The VAST majority of these new investors fail in a short period of time, so again, there is no exercise of the option.

Any direction on the best source for idea's for short sale exit strategies?