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TTK: Negotiate with the Bank for a FAST Short Sale
In today's Real Estate Market, the banks are changing the way they do business.
Our featured speaker, Kim Groh, is an expert on bank negotiation and navigating the short sale waters.
Kim brings years of industry contacts and inside knowledge of the bank's process to the table. Using banker language and processes, she negotiates successful short sales while other investors struggle to close a deal with the bank.
In this live and interactive presentation, Kim covered:
- How the recent changes in the way banks do business are adversely affecting deals.
- The inside "banker terms" you need to know to seal the deal
- What % of BPO banks are looking for to approve a deal
- How to successfully counter offer and what values to base your counter offer on
- How to challenge a bank's valuation that is too high
In addition, Kim answered these questions and more:
- What do you do when the BPO is clearly too high?
- Why is it taking the banks so long to do a Short Sale and how can you short cut this?
- What is the difference between an REO and a Short Sale?
- Which banks are easier to work with?
- When should you use an option contract?
- Do you negotiate with secondary lien holders differently?
- How do you handle the sequence and timing if there are multiple liens?
- How do you know what to offer the bank?
- When should you order your own BPO?
- How do you calculate a 30 day sale price?
Pick up your copy of this presentation and find out how YOU can negotiate with the bank for FAST Short Sales.
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Format: CD + Manual
Availability: This item ships within 1 business day
Regular Price: $79.97
Your Price: $69.97
(13% Off!)
Keywords: September, 2008, Loss Mitigation, REO, Short Sale, SS, Forecosure, Negotiate
Categories: Legal, Negotiation, Short Sales
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