Boy has it been busy out! The past few weeks we have been overloaded with closing deals! This is the time to be doing Short Sales!
As much as I love closing deals, helping homeowners in foreclosure and cashing checks, I know that staying updated with the current market is essential in being successful.
This past weekend my assistant Pam and I got schooled. We attended a Mortgage Class to obtain our Mortgage License which is now a requirement to have, if you want to do Short Sales. See my video about that here...
This weekend I am looking forward to my 3 Days Live Short Sale Training Event, January 29-31 in Orlando, Fl. I am going to be sharing new updates, rule changes and awesome techniques to get you ahead of the game in our real estate market today. The techniques I share with you, will not be found anywhere else. Get Ready for Outrageous Stuff!
My keynote speaker is my great friend Daredevil Real Estate Artist and Best Selling AuthorFrank McKinneywho will speaking Friday night from 5-7 pm. Believe me, you do not want to miss out on this! If you cannot afford the training at this time, please be my guest and hear him speak for FREE! . Call us at 407-772-2274 to save your seat.
Frank has amazing creativity and artistry when it comes to building homes. See his new $24.3 million direct oceanfront home "Acqua Liana" just featured on HGTV See that Here
He is a master at selling them as well.. Since beginning his career in 1986, then moving his artistry to the direct oceanfront in 1992, he has created and sold 36 oceanfront homes and properties. Many of Franks creations have sold within the last few years for record breaking prices and were talking in the millions! The average tenure Franks properties were offered for sale (days on market) over the last decade has been an astonishingly short 54.5 days, with many selling within days of completion. Check that out Here!
I am honored to have Frank with us Friday Night. Get ready to hear how how he finds his buyers so quickly for these homes. He will also be sharing what he and his rescue team did in Haiti just days after the earthquake. His Caring House Project Foundation provides homes, clinics, villages and more in Haiti, which Debbie and I are proud to be a part of.
It is going to be quite an exciting weekend! Get on board and join us! Only a few spots are left! Sign up Here
Don't miss this RARE Opportunity to learn and get updates about Short Sales on my Free Webinar!
If you have not seen this webinar yet, than get prepared to learn how to make your life easier and more successful in the Short Sale Market.
I will take you in a fresh direction in Short Sale training with my own techniques, you will not find anywhere else. Take Me To the Webinar!
Investing in Real Estate has never been better than right now and doing Short Sales is more than a lucrative career it is a gold mine!
To Your Success,
Hunter Paschall
407-772-2274 3DaysLive.com
Feel free to pass it along to anyone who might be interested!
On January 14, 2010 Secretary Donovan announced help is coming to local communities and nonprofit housing developers by granting $2 billion through the Obama administration in the Neighborhood Stabilization Program to counter the effects of vacant and abandoned homes.As well a temporary policy that will expand access to FHA mortgage insurance
Currently the FHA prohibits insuring a mortgage on a home owned by the seller for less than 90 days. The new rule concerning the 90 day purchase under a FHA mortgage has come in an effort to improve the Foreclosure market and stabilize home values. This will open opportunity for the quick resale of foreclosure properties and give FHA borrowers a wider choice for purchasing foreclosed properties for one year.
As of February 1, 2010 the new rule is limited to those sales meeting the following general conditions:
This policy change will allow buyers to use FHA insured financing to purchase HUD owned, bank-owned and properties resold through private sellers.
* All transactions must be arms-length, with no identity of interest between the buyer and seller or other parties participating in the sales transaction.
* In cases in which the sales price of the property is 20 percent or more above the seller’s acquisition cost, the waiver will only apply if the lender meets specific conditions.
* The waiver is limited to forward mortgages, and does not apply to the Home Equity Conversion Mortgage (HECM) for purchase program.
* In cases in which the sales price of the property is 20 percent or more above the seller’s acquisition cost, the waiver will only apply if the lender meets specific conditions. These specific conditions include but not limited to ordering 2nd appraisal and/or a Property Inspection Report
My Members never had a problem with the 90 day seasoning because of the way we do short sales in my training.
Matter of fact we just closed another deal last week and we had our powerful paperwork sliding us right through the FHA seasoning guide lines. I have been doing these deals for over a decade and in the last year 60% of our buyers have been FHA Buyers.
Find out more about the new rules in the Real Estate Market, how to close your short sale deals with success, and help the homeowners in foreclosure. Join me January 29-31,2010 in Orlando, Fl for my 3 Days Short Sale Training Event. You do not want to miss the first night! My keynote speaker will be Frank McKinney!
Frank took off for Haiti shortly after the devastating earthquake. Come hear Frank update us on Haiti and share his remarkable knowledge of Real Estate. I will be giving a percentage of the proceeds to Franks Caring House Foundation for everyone that signs up for the event.
Today my good friend Frank McKinney will be flying to Port au Prince, Haiti with two world-class disaster relief teams, one from Colorado, and the other from South Florida. They will be the first U.S. lead relief team to land in Port au Prince. His team consists of doctors, paramedics, firefighters and other team members who have been specially trained in search, rescue and extraction techniques in natural disaster circumstances.
Frank is no stranger to Haiti and created the Caring House Project Foundation which my wife Debbie and I have had the humbling opportunity to participate in 2009, building villages in Haiti. This project also provides, food, water, medical support and opportunity for the desperately poor and homeless from around the world.
There is a short window of opportunity to search for and rescue those trapped in the rubble, as well as treat those who have been critically injured in the disastrous earthquake. If you would like to make a donation, please visit Franks page at http://www.frank-mckinney.com/donate.aspx or you can call Anne at 561.722.3950 to make your donation over the phone.
Regardless of when you read this, please support Frank's effort. It will take years, perhaps decades to rebuild Haiti, and I can assure you that Frank and the Caring House Project Foundation will be there for the duration.
Please be in prayer and circulate this email to your list and lets help Frank help the people of Haiti.
Wow!! What an event. There was quite a crowd at the CFRI Hunting Season for Short Sales at last weekends Monthly Meeting where I had the awesome opportunity to speak about and share my skills for short sales.
I went over the new laws and regulations on HAFA as well as the new additions to Florida Statute 494 that governs the mortgage Industry. I also shared some of the conversations I have had with the State of Florida regarding the changes and how they affect short sales.
I taught how to talk to sellers by doing one on one role playing in front of the group and the inside secrets to getting sellers to call you for help in pre -foreclosure with the tools to seal the deal.
I really enjoyed interacting with the crowd, going over the forms in a way they had never seen done before. I choose someone right from the audience who had never done a deal and had them work from the CD of my forms software with all the requested information. They were shocked at how easy and quick it was completed! They were done in less than 5 minutes. The entire short sale package was ready to go that quick!
One deal I was very excited to share was the deal I went over with my personal acquisition specialist, note for note, e-mail for e-mail, call for call. I showed them through this eye opening deal how much money the bank gave me just because I asked for it. I am talking about over $31,900 that came out of thin air and went into my 401K, tax free on the last day of 2009. What a way to close out the year!
This is just a small clip of the Saturday one day event with information I normally only share with my elite Mastermind Group. I had so much fun teaching what I enjoy doing everyday and the response was incredible! I also gave away thousands of dollars worth of product and training to the attendees. One of the training packages being a free ticket to my 3 Days Live Event coming to Orlando, Fl January 29-31, 2010 and 5 weeks of training on webinars . Way to start the New Year John for guessing what my wife Debbie and I meant by F U N being Foreclosures Under Negotiations and winning the training.
Speaking of my upcoming 3 Days Live Event, my good friend Frank McKinney will be the keynote speaker on the first night Friday January 29th. This Daredevil Real Estate Artist and Best Selling Author with share with you his most impressionable stories, you will be so thrilled you attended!
The event is almost at full capacity. Get signed up now and make 2010 your most successful and profitable year yet!
The foreclosure market is taking over the whole country by storm and accounting for the majority of property sales. Just look at the active, sold and pending listings on the MLS and you will see a majority of them are short sales. Not just here in Florida but all across the nation.
If you are a Realtor® or Broker you are actually going to be involved in short sales one way or the other. It is inevitable. The days are long gone of just listing a house and putting a sign in the yard and having it sell. Today the challenge that Realtors meet and/or come across, is doing the extensive short sale paperwork and working with the banks. When you meet with a seller it is more involved than just getting the listing agreement.
You have to get an entire short sale package together and submit it to the bank. Then the waiting starts and you can end up losing more buyers than you can shake a stick at because of how long these banks are taking to approve the short sales. I have heard from some Realtors that after 120 days the BPO still had not been done. Of course with all the properties on the market right now it would be very unlikely that a buyer would hang around that long. So unfortunately, you will have many buyers that walk.
I hear it all the time, Realtors come to me saying "I lost my buyer and the property went to sale." "The bank didn't respond in time and my buyer got frustrated and found another property that was already pre-approved."
I can show you how to put together packages to get the banks to talk to you sooner rather than later. I have proven formulas and ways to get the bank to respond quicker.
Therefore your BPO is done quicker so you can move forward with the whole process and get your check cashed. Learn more about how to successfully get that Short Sale done and get paid!
Join me at (CFRI) Central Florida Realty Investor FREE Meeting January 6, 2010, where I will be speaking on Short Sales, REO and Foreclosures.
Don't miss this RARE Opportunity to hear me Speak about Short Sales - REO's and Foreclosures for FREE and you don't want to miss out on the thousands of$$$$ in gifts and training I am giving away!
2009 was a banner year and I am looking forward to 2010 to be even bigger.
The Short Sale Market is Booming and we look forward to helping you close your deals and keep you updated on the new changes coming our way in the Real Estate Market.
Two Events you do not want to miss in January...
I will be speaking about Short Sales, Reo's and Foreclosure at the CFRI Meeting in Orlando, Fl January 6th, 2010 Open to the Public Free
My phone is ringing off the hook with potential attendee's asking when my next event is going to be... Some are from up north and are thrilled to take the trip to Orlando, Fl in January! Oh Ya!, We have the warm winter and sunny ski's they are looking for... A mini vacation in Florida and learning a career that can make you a bundle in today's real estate market, it does not get any better than that!
My popular Short Sale Training Event will be in Orlando, Fl January 29-31st. It is going to be spectacular and my good friend Frank McKinney has offered to be my keynote speaker on Friday the 29th.
It is recommended you come early to register and get a seat.
Don't miss this RARE Opportunity to hear the Expert on Short Sales - REO's and Foreclosures Speak for FREE and you don’t want to miss out on the thousands of $$$$ in gifts and training Hunter is giving away!