How to Maximize How to Maximize Your Success Your Success with Short Sales with Short Sales Get Paid Multiple Times from Your Short Get Paid Multiple Times from Your Short Sale Listings While Doing Less Work Sale Listings While Doing Less Work Presented By: DynastyWealth, LP
Short Sales Made Easy - In this presentation we discuss the common pitfalls of short sales and how to avoid them.
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How to Maximize How to Maximize Your Success with Your Success with
Short SalesShort Sales
Get Paid Multiple Times from Your Short Sale Get Paid Multiple Times from Your Short Sale Listings While Doing Less WorkListings While Doing Less Work
Professional real estate investors. We are a capitalized private investment partnership that specializes in commercial and residential investment real estate
In the real estate investment business for over 6 years, and successfully negotiating short sales for over 3. 25+ years of real estate experience.
In good standing with CA Department of Corporate Affairs and FINRA
Orange County’s Only Luxury Home Short Sale Specialists™
Properties will sell faster if priced properly (Price Discovery)
Seller avoids foreclosure on their creditEstablishes you as the solution providerSeller will refer other clients to youYou provide value to buyersGenerates income in a slow marketHelps stimulate local economy
Options for Listing Overleveraged Options for Listing Overleveraged HomesHomes1. Turn them down because they won’t sell2. List the house at a price that is overpriced
to cover all payoffs and closing costs3. List them as short sales and do the short
sale negotiations yourself, wasting your valuable time
4. Use a qualified cash buyer to handle the negotiations, and create additional income without extra work
What you’ll need to learn to What you’ll need to learn to negotiate Short Sales successfullynegotiate Short Sales successfully How to get your short sale assigned to a
mitigator immediately What a bank mitigator looks for in a short sale
package, and more importantly why they put a file on the bottom of the pile
How to negotiate with lenders depending on what type of loan your seller has
How to negotiate Fannie Mae, Freddie Mac, FHA, VA, USDA and conventional with PMI
How to get junior lenders and IRS liens released from properties
But wait… There’s more…But wait… There’s more… How to get the deal done when a lender wants
your seller to sign a promissory note or deficiency judgment (Even though CA is a non-deficiency state)
How to get the bank to approve every file by getting the BPO value on the property where they need to see it (99.9% of agents don’t know the “Kiss of Death” with BPO’s)
How to structure the deal when the lender says that all junior lien holders can only get $1000
If you don’t know this information, 90% of your deals will be declined and you will waste your time
““You and your team of specialists You and your team of specialists have relieved me of a… financially have relieved me of a… financially and emotionally burdensome and emotionally burdensome ordeal.”ordeal.”
You provide introduction to seller/client We discuss process with seller and take care of
all paperwork We build the case for negotiation We submit the offer(s) to the lender(s) We negotiate a settlement with the lender(s) You continue to market the property and secure a
buyer while we are negotiating We pay off lender(s) and close with buyer Title Company sends you Your Commission
We discuss the process and take We discuss the process and take care of all the paperworkcare of all the paperworkWe will discuss the entire process with the
sellerWe will verify that we have addressed all
their questions and concernsWe have them speak with you without us,
to make sure they feel comfortableThey can seek legal counsel or a CPAWe will collect all of the short sale
You continue to market the You continue to market the property and secure a buyer while property and secure a buyer while we are negotiatingwe are negotiatingListing stays with Listing AgentListing price reflects the BPO valueBuyer must be prepared to close upon
Why Partner With Us?Why Partner With Us? We are a local company You can get Multiple Commissions on One Property You keep the listing with a guaranteed commission when
the property closes New buyer spin-off business from seller that you were
able to help out Credit restoration provided for your seller which will
allow them to purchase a future home. Potential sale opportunity for you
We are a capitalized investment partnership in good standing with the CA Department of Corporate Affairs and FINRA.