Negotiating a Short Sale With Outsourcing

That professional real estate investors, like Guru Pat Precourt, are able to close so many deals at any given time may seem like some kind of short sale magic, but it's not. There is a little short sale magic going on behind the scenes in negotiating a short sale. Investors like Pat have figured out that it's a lot easier to outsource their short sale negotiations rather than doing it themselves.

Outsourcing short sale negotiations isn't a cheat. It's just a way of taking back your personal time and using it for more important tasks, like finding good leads or actually closing deals. These days you can outsource just about any part of your debt negotiation to short sale services and loss mitigation services. This is the real short sale magic behind these Gurus who are making so much money on so many deals.

Outsourcing companies will do the following for you; spend time tracking down the bank's loss mitigation officer, search out property leads, compile most if not all of a short sale packet, perform due diligence and even negotiating a short sale.

Anyone can Outsource their Short Sale Negotiations

Outsourcing is a true method for skyrocketing profits and business success. Real estate investors who have already completed a few of their own short sales still consider themselves newbies. How much time do you think was spent on this short sale process? Maybe 50 hours can be involved in;

o tracking down the right person at the bank,

o gathering all of the information for the short sale packet,

o calling the bank back to confirm they received the packet and then

o quibbling with them over an acceptable offer!

Using a short sale services company is an easy way to create some of your own short sale magic.

Why not let go of time spent and even gain an increase in profits in return for outsourcing your time consuming tasks?

It's still a time saver even if you are only willing to hire someone to do the talking in negotiating a short sale. For those investors who have trouble making a good impression on the phone this is real a chance to seal more deals.

How to Find the Best Short Sale Negotiators

An excellent source to use in negotiating a short sale with the bank are loss mitigation services. These service offering companies are staffed by the very same loss mitigators that used to work at the banks.

These loss mitigators know how to find the best offer price that suits you and appeals to the bank. Short sales negotiation services companies know more about the process of short sale negotiations than a real estate investor ever could.

In addition to helping real estate investors with negotiating a short sale deal, loss mitigators also work with homeowners to try and save their homes from foreclosure. They also perform a myriad of other services.

You'll have to do a little research to find a company that performs the kind of short sale magic that you are looking for on a short sale deal.

When looking for a good short sale services company to outsource negotiations to here are a few tips to keep in mind:

o Does the company protect the homeowner by seeking out a Waiver of Deficiency or Satisfaction of Mortgage? This document states that the banks won't go after the homeowner for the remainder of the mortgage after the short sale.

o Make sure this company only does short sale negations. You don't want a company that also works buys short sales for themselves. They'll be your competition then!

o Ask what the company charges and what they charge for?

o Do they have a referral service with a network of other professionals in the real estate field? This shows you that they've got proven experience in working with real estate and short sales with other investors.

o Ask about the company's success rate? No short sale services company can guarantee that your short sale will be approved, but the higher the approval rate the better.

o If the short sale services company insists on being in charge of the land trust, if you plan on setting up a land trust, make sure they have a good reason.

Outsourcing debt negotiation is the big secret of a successful real estate investor. Investors rely on a little short sale magic by hiring help in negotiating a short sale and other business problems.

Colin Egbert is an experienced Real Estate Investor with a trick to help investors lighten their workloads. Help yourself by hiring us to start negotiating a short sale [http://realestateinvestorshortsales.com/] for you today. Colin Egbert is also the author of the ebook "Getting Started with Short Sales" providing the tools needed to start your own real estate investing business. Colin is also the CEO of Realestateinvestor.com a website dedicated to helping investors make the most of their business.

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