The True about Whether or Not the “Robo-Signer” Fiasco will Crush your Real Estate Business

October 8, 2010 By

Couldn’t you see this whole “Robo-Signer” fiasco coming from a mile away? If you don’t know what I mean, make sure you listen to this week’s Friday Coffee Break video as I dig into how the “fraudulent” signing of mortgage documents can crush your real estate business. Listen in as I uncover the negatives and positives of this mortgage fraud fiasco, and also uncover whether or not Bank of America short sales are a waste of time (especially if they are government insured), the best way to find out if your homeowners mortgage is recourse or non-recourse. We also cover the most effective way to negotiate a Promissory Note, what your Title Companies responsibility is to you, your end buyer and to the foreclosing lender when doing a short sale flip, and more. Visitwww.fridaycoffeebreak.com for more real estate videos from Patrick Precourt and North Shore Enterprises!

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Filed Under: bank of america, Business, foreclosing lender, fraudulent signings, fridaycoffebreak, government, homeowners mortgage, Industry Changes, martgage fraud, mortgage, Preforeclosure, promissory note, Real Estate, robo-signer, short sale, Short Sales, title companies

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