Are you Fat, Big Boned or just Over Indulged?

August 20, 2010 By

I don’t know if it is me, but do you get the feeling that the majority of Americans feel they are entitled to anything they want without working for it? Listen in to today’s Friday Coffee Break as I breakdown this hot topic. We also discuss whether or not there is a law in Florida requiring a real estate investor to hold a property for over 30 days before flipping it, whether or not a same day flip is legal. We also discuss the truth about what a Wells Fargo short sale acceptance letter is requiring you to do, whether Wells Fargo and ASC (a Wells Fargo Company) have the same requirements on their short sale approval letters and much more. Visit www.fridaycoffeebreak.com for more real estate videos from Patrick Precourt and North Shore Enterprises!

Take a 14 day test drive of the easiest, most comprehensive real estate management platform available! Visitwww.PropTrackr.com for more info.

Filed Under: asc, break, Business, coffee, flip, Florida, friday, fridaycoffebreak, Industry Changes, Investment, investor, lender, Preforeclosure, property, Real Estate, short sale, short sale approval, Short Sales, wells fargo, work ethic

How Long After a Short Sale Can a Lender Go After Me for the Difference?

April 16, 2010 By

Don’t you feel like it seems like the short sale game is changing on a daily basis? One day the government comes up with a new program that states our sellers are not liable for the tax portion of the forgiven debt only to find out that again they wasted the Tax Payer’s money (our money) because only a tiny pool of homeowners actually qualify! Listen in as I go over how long after a short sale transaction that a lender can go after our clients (the homeowner(s)), what to do when you are negotiated a short sale only to find out the lender requires the property be listed by a licensed real estate agent, the best place to find money today to finance our deals, and much more. Visit www.FridayCoffeeBreak.com for more real estate videos from Patrick Precourt.

Be sure to check out our brand new real estate management application, PropTrackr and take a free 14 day trial!

Filed Under: Business, buyers, deals, difference, entrepreneur, foreclosure, fridaycoffebreak, government, home, house, invest, Investment, investor, lender, mentoring, patrick precourt, Preforeclosure, Real Estate, sellers, short sale, Short Sales, video

Can A Homeowner Do A Short Sale If They Are Current?

April 9, 2010 By

There is a lot of misinformation in today’s real estate world and one of the biggest ones revolves around the question of whether or not a lender will take a short sale or discount their total amount owed to them when a homeowner is current on their mortgage. Make sure you listen in as we uncover what lenders are doing today as opposed to last year, the best ways to create monthly cash flow while being a short sale investor, the inside tricks to “Managing a BPO” so you get your desired outcome, whether or not a lender can tell a seller what he or she “has” to list their property at and much more. Visit www.FridayCoffeeBreak.com for more real estate videos from Patrick Precourt.

Filed Under: answers, Business, foreclosure, fridaycoffebreak, homeowner, Investment, lender, Marketing, mortgage, pat precourt, patrick precourt, Preforeclosure, questions, Real Estate, short sale, Short Sales