Foreclosures Discussion Archive 7

ATtn: SHORT SALE PROS-WHERE ARE YOU??

Posted by Newbie(MO) on July 05, 2003 at 21:33:59:



I’m unemployed right now, and living off unemployment which is about to run out. I’ve bought a lease option and short sale course because this is what I want to specialize in..in my area. I’m mainly interested in generating some fast cash by assigning these deals so that I won’t remain in the middle. I know how to assign a lease option deal, but how do I assign a short sale deal? The course that I have doesn’t explain how to assign a short sale deal…It mainly explains how to recognize a deal that would be a candidate for a short sale, get the lender to accept a discount and package the deal to get is approved by the lender for a short sale. The problem is I have bad credit and no cash to makeup the arrears when dealing with lenders. How do I find partners that would buy my short sale contracts?

Newbie(MO)



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