Tag Archives: short sale investing

Facing A Deficiency Judgment After Foreclosure Or Short Sale

When your home is in pre-foreclosure, you need to know about deficiency judgments. Of course, the deficiency is the leftover debt after the home is sold, and the judgment part means that the court will formally order you to pay it back. Your state may not allow this, but several states support the lender’s right to collect the rest of the debt. Continue reading

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Building Your Real Estate Team

Somehow, over the past few years, the noun “partner” has turned into a very common verb in the business world. It definitely sounds better than the stuffy old, “form a strategic alliance.” But either way you put it, it’s a great way to do business. Partnering with someone who has a different skill set and background is almost mandatory for an entrepreneur. It just makes sense. You can’t do everything alone. Continue reading

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Ten Keys To Getting A Short Sale Approved

Short sale gurus say a lot of wild things sometimes, but some of their methods they use to get their short sales approved are really nuts. I hear about secret spreadsheets, magic phrases to speed up the approvals, and inside contacts who guarantee to put your files on the fast track. Most of it is just ridiculous. Continue reading

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