Short Sales A Definite Answer
Two great lessons, one, how powerful short sales can be in building your business and two, how important it is to persist when you know the deal will turn a great profit. There is heavy competition with Short Sales right now but with consistent action, and sticking to your plan, you’ll see great profits. The greatest part is that it is actually much easier for a homeowner to do a short sale because banks have loosened the requirements so that homeowners only need to prove hardship or a looming deficit to enter into a short sale, whereas before one had to of missed a mortgage payment, and have a lis pendens filed by the bank. This is good news for us investors as the market for short sales is only growing!