Dr Friday Show on getting back to work
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What U Dont Know About Short Sales shared by Jupiter FL mortgage banker Danny Poulos
If you don’t close your short sale by the end of the year you may be hit with a HUGE tax bill! Danny Poulos, mortgage banker and broker in Jupiter FL explains the ramifications of the expiration of the Mortgage Debt Forgiveness Act.
Duration : 0:1:45
Dr Friday Show interview with Daniel AC
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Short Sale Summit 2009
Attend The ILHM Center for Asset Preservation (CAP) Short Sale Summit 2009. Even if you’ve already earned a distressed property designation, this is the training on the new rules you must have.
This two-day event includes CAP’s comprehensive Short Sale Success training that will teach you how the Making Home Affordable Program works (presented by Laurie Moore-Moore). Here are the key topics covered in the intensive half-day training session on Day One of the Summit:
* Mortgage Forgiveness
* The Making Home Affordable Program
* How The Making Home Affordable Program Works
* Deal with Distressed Sellers and Loss Mitigators
* Increase the Odds of Short Sale Success
* List the potential Short Sale Property
* Develop and implement your marketing plan
* Negotiate the contract and close the deal
* Prospecting for Short Sales
* Working with luxury Short Sales
And here’s some of what you’ll learn:
* Eligibility requirements for the MHA program
* The new MHA mandatory Short Sale process and the one point during loss mitigation when a Short Sale will even be considered
* The three packages of information the servicer now requires (with checklists)
* How servicer and investor motivations have changed
* The new financial incentives for servicers and lenders and how to use them in negotiating
* Who now sets the list price and listing term its not the homeowner
* The governments new rule covering your commission
* What the government will now pay to your seller
* Why removing junior liens just got easier
* Who is now policing the servicers to be sure they perform (and how)
* The latest on debt forgiveness and sellers tax liability
* And more
You’ll also receive samples of relevant checklists, documents, the new required forms and more. To ensure that you’ll be up to date as the MHA program evolves and new rules and procedures are implemented, all attendees will also receive 12 months of free access to the Short Sale Success online training course and downloadable resources, which will be continuously updated.
On both days, you’ll hear from speakers and panels of governmental officials, loss mitigators, and other agents. You’ll have the opportunity to network and will leave having earned a CAP Short Sale Achievement Certificate, indicating you have received Making Home Affordable training.
Duration : 0:1:32
Dr Friday Show December 2011 Show 1 part 3
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