Real estate online courses vary significantly with regards to learning about the evaluation of short sales. For example, it is possible to take a web based training course in real estate and it’ll only let you know the simple points regarding how to analyze your client’s short sale.

Even so, there are often two sides of the fence and It is best to glance down each side simply because you will see a huge quantity of knowledge to help expand your career in real estate. These two sides are a realtor as well as being an investor.

You simply get this knowledge by practical application most all the time, but after you have this knowledge it will likely be very helpful to you for today’s market.

Crucial negative factors to the evaluation of deals:

1.the mortgage needs a short sale to generate equity and also the seller/debtor would like cash.

Well this is impossible because the lender will discount and allow the seller/debtor a some of money in the process.

2.The seller will not sign all of the disclosures, contracts, hold harmless agreement for investors and an investor purchase and sale agreement which sometimes happens with realtors as well.

In my experience, in this case the property owner is really not willing or a course in miracles   made up his/her mind to vacate the premises and what they really don’t understand, some realtors have a hard time with this as well, buying a property is a real estate transaction, working the short sale is a financial transaction.

3.Angry distrusting seller with too many emotions they may say yes today and change their minds tomorrow.

Leave a Reply

Your email address will not be published. Required fields are marked *