Short Sale Practice •
Common Short Sale Mistakes • Top 10 List 5. Unrealistic Offers 6. No Exit Strategy • • •
Resell- flip, retail, assign Equity - reinstate and short 2nd Find buyer instead
7. Not knowing the jr. liens • •
Do your title search Ex: 3rd, 4th + income tax lien
8. Incomplete short sale package •
Each document update will take +2 weeks
9. Not understanding the BPO process •
This is where you justify your price - Be there!
10. Giving up too easy •
Demand new BPO, send local info, etc
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