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A short sale in real estate occurs when the outstanding obligations (loans) against a property are greater than what the property can be sold for. Short sales are a way for homeowners to avoid foreclosure on their homes and still be able to pay off their loan by settling with lender.
EXAMPLE TO UNDERSTAND SHORT SALE. ,[object Object],[object Object]
Reasons of Short sales ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How does it work? ,[object Object],[object Object],[object Object]
What  Are Your Alternatives? ,[object Object],[object Object],[object Object],[object Object]
When is a short sale the right decision? ,[object Object]
What do you get out of a short sale?  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Benefits of buying Short sales  homes  ,[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object]
NAME OF LENDER/BANKS
 
WHAT IS FORECLOSURE? ,[object Object],[object Object],[object Object]
WHY BANK PREFER A SHORT SALE OVER FORECLOSURE? ,[object Object],[object Object]
DRAWBACKS TO FORECLOSURE ,[object Object],[object Object],[object Object],[object Object]
Why INVESTOR should choose our services ? ,[object Object],[object Object],[object Object]
Why LENDER should choose our services? ,[object Object]
Why  a Home owner should choose our services ?  ,[object Object]
WHAT IS LOAN MODIFICATION? ,[object Object]
PROCESS OF LOAN MODIFICATION ,[object Object],[object Object],[object Object],[object Object]
CONTD…… ,[object Object],[object Object],[object Object]
What is a Buy-Down Mortgage? ,[object Object],[object Object],[object Object],[object Object]
What is Loss mitigation ?  ,[object Object]
Why some Banks Reject Short Sales ,[object Object],[object Object],[object Object],[object Object],[object Object]
HOW LONG DOES THE PROCESS TAKE ? ,[object Object]
What we need to get started. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Client Agreement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Property Profile ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Letter of Authorization ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Hardship Letter ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SCOPE OF OUR WORK
1.Searching  the properties which can be short sale, and marketing  to get registered properties at our website. 2. After registration our representative will go personally to home owner  will suggest him possible solution . 3. Collecting all information of homeowner. 4.Searching suitable real estate consultant for homeowner. 5. Now through our website we will search potential buyer  for  that property  as well as broker. 6. Home visit with Potential  buyer.  7.submitting the offer for short sale to lender/banker .
7. Negotiation  with banker for best price and lower interest rate. 8. Making legal documentation and related  formalities.
Home Affordable Foreclosure Alternatives Program (HAFA)   ,[object Object]
WHAT IS HAMP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
WHAT IS HAFA PROGRAM ,[object Object]
HOW WILL SHORT SALE WORK ,[object Object]
Here are some of its benefits: ,[object Object],[object Object],[object Object],[object Object],[object Object]
What is a Deed-In-Lieu? ,[object Object],[object Object]
What are the qualifications to be eligible? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
QUESTION??? ,[object Object],[object Object]

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Short Sale

  • 1. A short sale in real estate occurs when the outstanding obligations (loans) against a property are greater than what the property can be sold for. Short sales are a way for homeowners to avoid foreclosure on their homes and still be able to pay off their loan by settling with lender.
  • 2.
  • 3.
  • 4.
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  • 6.
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  • 33. SCOPE OF OUR WORK
  • 34. 1.Searching the properties which can be short sale, and marketing to get registered properties at our website. 2. After registration our representative will go personally to home owner will suggest him possible solution . 3. Collecting all information of homeowner. 4.Searching suitable real estate consultant for homeowner. 5. Now through our website we will search potential buyer for that property as well as broker. 6. Home visit with Potential buyer. 7.submitting the offer for short sale to lender/banker .
  • 35. 7. Negotiation with banker for best price and lower interest rate. 8. Making legal documentation and related formalities.
  • 36.
  • 37.
  • 38.
  • 39.
  • 40.
  • 41.
  • 42.
  • 43.