Managing a Short Sale
Most note investors see a short sale as something that just happens to them — but as a lienholder you have more control over the outcome than you might.
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What you'll learn:
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Why a short sale is almost always a better path than taking back the deed yourself
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How to read a HUD settlement statement and spot where the money is going before you agree to anything
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Why your written approval is required to close — and how to use that leverage in the negotiation
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How to negotiate with a borrower's attorney professionally and why it is often more efficient than dealing with the borrower directly
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Why patience in a changing market can turn a low settlement offer into a full payoff
Take the free Note Investor Workshop — analyze a real deal and submit a practice offer on a live asset. No credit card.