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Accurate Short Sale Leads
Are you looking for a better short sale or loan modification lead source? If you have received dated foreclosure records or leads where the person has already been foreclosed or they have 'cured' their delinquency, give us a call today for a better experience with a lead broker that knows exactly what you are looking for, no excuses. Our pre-foreclosure lists are delivered within 24 hours, Monday-Friday and we never ask for a large commitment without testing and developing a strategy with you. With GetThePerson, you can expect a company that really cares about your experience and owners you can always ask to speak,with.
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What are short sales? |
Short sales are when the underlying mortgage company for an owners property takes less than what is owed on the remaining balance of the mortgage. The lein on the property is also released upon a short sale closing. In the current economy, there are more than 60% of the houses for sale are short sales. This means, there is a HUGE advantage for obtaining pre-nod lists and to begin marketing to distressed sellers and negotiate their short sale for them! If you're unfamilar with short sales it's fairly easy to get a deal done. Here is a quick step by step process. 1. Evaluate the property's equity posisiton. (there must be negative equity) 2. Contact the lender for a short sale application 3. Write a hardship letter for the short sale 4. Provide a short sale package with your letter. This package will contain comparable's, and financial data to support why a short sale is good for the lender. 5. Preparation of a short sale purchase agreement 6. Negotiate the short sale with the lender 7. Market the property at the new short sale price 8. Sell the property for more than the short sale price 9. Take the profit from the short sale price to the sales price and go to the bank with your check! |
How do begin to market a short sale list? |
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Direct mail campaigns are one of the fastest and easiest ways to begin using your newly acquired pre-nod list. Many people have different opinions on what your first letter should be and what it should say. We have proven results in which your direct mail campaign should be a personal yellow letter (or other variation). Taking a personal approach to sellers who are down on their luck is a great way to build rapport and allows you to get one foot in the door. |
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