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(EMAILWIRE.COM, December 11, 2007 ) St. Augustine, FL—Short sales are great opportunities for substantial investments and they are extremely effective in discounting loans in real estate transaction. There are appropriate steps in a short sale, it is imperative that they are followed.
The first step is to get the deed from the homeowner. There is always a chance that the homeowner will change their minds or want to cancel the deal, re-negotiate or they are sacred. There is a lot of time and energy put in the short sale process and if a situation comes up and the owner of the property has not signed over the deed, giving the control of the property to the investor it can cost thousands and thousands of dollars.
Contacting the bank is another step. This must be done with confidence when the short sale package is requested. Some of the questions asked may be is there a real estate broker or agent involved? After answering the questions the bank will arrange to send it out. The information will explain precisely what is needed to complete a successful short sale. It is important to send the lender everything that is requested. These items could include a letter of hardship, bank records, pay stubs and more. Make sure these items are sent in a timely manner especially if the auction on the property is near. An extension is possible if the lender feels that the offer on the property is solid and legitimate. The Broker’s Price Opinion (BPO) is another crucial step in a short sale. This will disclose the worth of the property. It would be ideal for the BPO to come in as low as possible. The more expensive the property is the deeper the discounts will be, resulting in a larger profit. By including these steps the foundation for a solid short sale is made which will make a solid profit. . Jeff Kaller, visionary, educator and real estate developer has pioneered the most preeminent pre-foreclosure system in the United States.
Kaller specializes in a well kept industry niche; he teaches the real estate secrets of purchasing pre-foreclosure properties while executing real estate theory to actual practice. For 11 years Jeff Kaller has created the most powerful information available on Short Sales. People from all over the country have benefited from his most cutting edge strategies. Kaller teaches people how they can Fast Learn the real estate investment skills to profit from foreclosure frenzy, 100% legally and ethically. “Jeff Kaller has given me the road map to take my life to a new and exciting level. Everything about Jeff Kaller’s event was tops. I think the revolutionary business system that Jeff has introduced me to is second to none.” Says, John E. C., Greensboro, NC
Additional tips to creating wealth include: Follow the piles of cash. Find people who have successfully http://FreeShortSaleCourse.com [created wealth] and learn from them. Remember, it’s not only what they know, but from whom they learn it. Learn from someone who is more successful. Learn the tricks of the trade and http://FreeShortSaleCourse.com [the best in short sale tips] from someone that has actually built wealth and not just talk about it. Forget the past. It does not matter who they are or from where they came. Everyone deserves to be a millionaire.
Contact Information:
Paramount Promotions LLC (The Countries Leading Short Sale Trainer)
Mary Geronimo
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email Address: mgeronimo@thejeffkaller.com
http://www.FreeShortSaleCourse.com
Paramount Promotions LLC
Mary Geronimo
904-819-0676
mgeronimo@thejeffkaller.com 
Source: EmailWire.com
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