COURSE CONTENT / Table of Contents

 

The following are the topics covered in the:
MASTERING SHORT SALES FOR MEGA-PROFT HOME STUDY COURSE, and also covered in both the Bootcamp and the Group coaching.
 

INTRODUCTION
GETTING PREPARED FOR SHORT SALES
 

  1.  SECTION 1 SHORT SALE ZEN 

    *  What It Takes To Do Short Sales

    *  Short Sales  The Old [Hard] Way And The New [Easy] Way 
    *  Short Sales And Zen, Huh??? 
    *  Six Principles And Lessons Of Zen 
    *  Mind-Set…Glass Half Empty Or Half Full 
    *  It’s All In How You Approach Short Sales 
    *  Short Sale Advantages For Agents And Investors 
     
  2. SECTION 2 THE PROCESS

    *  Begin 
    *  What Is A Short Sale? 
    *  Simple Overview Of The Short Sale Process 
    *  Step By-Step Procedure For  Handling The Short Sale Transaction 
    *  Developing Your Team 

  3. SECTION 3 LENDER DEALINGS

    * Who Qualifies For A Short Sale?
    * When Does A Short Sale Make Sense To All Parties?
    * Why Would Lenders Do A Short Sale?
    * Dealing With Lenders
    * The Lender As The Approving Entity Only

  4. SECTION 4 LEADS AND ALLIANCES 

    * Finding Leads
    * Organizing Leads And Follow-Up
    * Mind-Set Of Service To The Homeowner
    * Agent And Investor Roles In The Short Sale Process
    * Agent Vs. Investor Tug-Of-War Which Is Better For The Homeowner?
    * Powerful Alliance Of The Agent/Investor Team

  5. SECTION 5 WORKING WITH THE HOMEOWNER

    *  The Initial Phone Call 
    *  When The Prospect Is Not Ready 
    *  Detailed Call Info Gathering 
    *  Going For The Appointment 
     

  6. SECTION 6 THE APPOINTMENT 

    * Preparing For The Appointment
    * The Paperwork
    * Explaining The Benefits Of A Short Sale To A Seller
    * Explaining The Short Sale Process To The Seller
    * At The Appointment

  7. SECTION 7 - MARKETING THE LISTING/MAKING THE OFFER

    * Setting The Listing Price
    * Calculating The Offer Price (For The Investor)
    * How To Market A Short Sale Listing (For Agents)
    * When The Property Is Under Contract

  8. SECTION 8 - THE PACKAGE

    * Preparing The Short Sale Package
    * What Goes In The Short Sale Package?
    * The HUD-1
    * Sending The Short Sale Package
    * Package Sent, Now What?

  9. SECTION 9-APPRIASAL/BPO

    *  What Is Really Happening At The Bank? 
    *  The Appraisal/BPO

  10. SECTION 10-LENDER NEGOTIATION

    *  Negotiating The Deal 
    *  Negotiations Begins 
    *  Where Did The Appraisal Come In/Counter Is Appraisal Price
    *  Challenging The Appraisal/ Bpo 
    *  Your Counter Offer 
    *  Stopping The Foreclosure Auction 
    *  Additional Liens, Loans And Judgments 
    *  Title Issues
     
  11. SECTION 11 - CLOSING

    * The Approval
    * Investor Exit Strategies
    * Funding Your Short Sales Transactions

  12. SECTION 12 - AFTER THE SALE

    * What If Your Buyer Walks Away?
    * Tax/Debt Ramifications After The Short Sale
    * Credit Consequences Of A Short Sale
    * Helping The Seller Move
    * Unsuccessful Short Sales..It Happens
     

  13. SECTION 13 - RESOURCES

    * ADDITIONAL SUPPORT
    * GLOSSARY

 

Sign up for important, timely short sale news and information

First Name
Last Name
Email



 

 Back to Products Page