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What To Do When a Short Sale Lender Goes Against Their Investor

11. Jul, 2010 0 Comments

On this week’s Preforeclosure Daily Grind “Tip of the Week” we dive into the latest and greatest challenge when dealing with a Servicer (Lender) who goes against their Investor (the entity who owns the money) and their written guidelines and how to overcome it. We also cover the latest updates to our Real Estate Management Tool that will save you a lot of money, a deal in which we’ve had to go over a lenders head and straight to the …

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CitiMortgage Changes Short Sale Policy Again!

10. Jul, 2010 0 Comments

On this week’s Preforeclosure Daily Grind “Tip of the Week” we dive into the 3 latest lenders that have changed their short sale policies when they are in the 2nd lien position. Listen in as we go over how Wells Fargo, CitiMortgage and SLS (Specialized Loan Servicing) is now asking for more and more money, our brand new “Action Plan” module for our PropTrackr.com System, what the Home Equity division of Wells Fargo is requiring from 3rd Party negotiators and …

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Watch Out! Transactional Funders May Actually Kill Your Short Sale Transaction!

27. Jun, 2010 1 Comment

On this week’s Preforeclosure “Tip of the Week” we cover the latest challenge that one of today’s big name Transactional Funding Companies is creating for short sale investors and which foreclosing lender will no longer allow you to use them.  As many of you may not know Lenders are now watching your every move so if you are not on top of your game you will get crushed! Listen in as we go over this latest “hot” topic, the latest…Read more
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Are BPO Agents at Fault for Terrible Short Sale Valuations?

22. Jun, 2010 0 Comments

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On this week’s Preforeclosure Daily Grind “Tip of the Week” we dive into whether or not BPO Agents are taking advantage of the system and not doing what they are paid to do! In today’s real estate market it seems like everyone, even our almighty government, is looking to blame.  So make sure you watch today’s video to see what is they are doing and also the latest on what Wachovia is allowing our sellers to walk away with atRead more
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Resession? What Resession? We Are Actually Running Into A Housing Shortage!

21. Jun, 2010 0 Comments

As a lot of you may know, my job in my real estate company and as one of the main Mentors in our Fortune Builders Mastery Program is to stay ahead of any changes in the real estate investment world and to forecast what is coming down the road as far as challenges and opportunities so we can make money before everyone else jumps on the bandwagon. Well, I have to tell you, we will all be in for a…Read more
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