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Is there really magic to doing a
successful short sale? Do people really
get-rich quick in today's market by buying and flipping them for a quick profit?
The answer is no. At
least not in today's market and not for a QUICK profit. Real estate is
a good long-term investment, but when you take into account capital
gains taxes
and a declining real estate market, it's not the best
short-term
investment. In fact in a declining market flippers often lose money
because the soft costs - mortgage payments, property taxes and HOA fees
will often eat up any profit. But
what if you're a seller who is in a desperate situation? You can't
afford to make the payments any more, and people are telling you to do
a short sale.
If
you are a homeowner, investor or a real estate agent looking for advice
on "short sales", I have written a 48 page e-book
on this subject. You
can download a secured (non-printable) version
for 15. (without any forms) or pay 15 bucks more to get a printable
version with all the necessary forms. It's
easy to read and also available in Spanish!
Why buy a book that you can't print
out? For many people facing foreclosure, why not? Besides, there are many valuable links
that will zoom you directly to Internet sites! This REO list link, for example, features
a list of five different sites where investors can purchase bank-owned properties. But the non-printable
book contains over 20
sites!
Plus, unlike many books you're not charged with pages of forms that you
may never even
use! But if you're serious about doing a short sale, you may need the
forms, which is why I also created a printable version of the ebook
with printable forms. Just stop in at Staples and purchase a ream of
three-hole paper and a nice 3-ring binder and boom, you're done!
Now, who woke up and crowned me a real
estate expert? Well, I am a graduate
of UCLA and a California real estate broker with over 28 years of real
estate experience. I have owned and operated a real estate company for
over 15 years and I am also the author of three books on selling real
estate. I won't promise you magic, or that you'll make $30,000 a month
- only that I may be able to improve your odds for getting your short
sale approved.
BBob Boog, real estate broker
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oreclosures & other Ba
rgains