“Seriously Leon”

What is the bank’s “psychology” on Short Sales?

Understanding bank psychology is what gives me an edge on your behalf.

The short version of a banks psychology is this: the bank’s greatest motivation is to receive the greatest amount of money returned on their loan, end of story. There are other pieces regarding investors and potential modifications that factor in to my edge over competitors, and ultimately money is the motivator of bank psychology. If you want more info about bank psychology, be sure to ask me at our first coaching session.

Why 80% of all Short Sales Die and what you can do about it!

There are a lot of “experts” in the world of real estate who only know pieces of what you need in your situation, to be successful in Short Sales one must have a 360 degree view point of the entire process. Most of the time supposed, Short Sale specialist aren’t even “IN” the business.

I do this business day in and day out so I can deliver the most complete effective service in the industry. With my experience and techniques you will have a NO HASSLE and WORRY FREE experience.

Most large lenders have figured out how to play the game so that it at least looks like they have the homeowner’s best interest in mind. Don’t be fooled by their tactics.

Small banks don’t get the game very well. Local banks and credit unions have a tendency to be really aggressive and even downright nasty when it comes to a Short Sale.

Actually the small banks are just extreme. They are either extremely easy to work with because the asset manager on the other end of the line is using her common sense, or they are extremely difficult to work with because she is taking everything personally.

Maybe they take the loss personally because it is going to affect their next bonus. On one level I guess that would make me grumpy too. All I ask of any bank is that we don’t throw logic out the window.

I liken the experience to a five year old child who plugs his ears, closes his eyes, and shakes his head saying, “I don’t want to, I don’t want to.” Most of the time when a little kid gets to that point they have lost all reason. They are operating 100% on emotion. You can even try to take their side or ask them to talk about what their problem is and it is usually a lost cause, they are just too wrapped up in the emotions. (This does happen and I’m an expert at dealing with it.)

That’s the case with some of these banks; they won’t listen to logic, they won’t listen to reason, and they just say no, even when it ultimately harms the homeowner and the bank. Well, I’m really bad at taking no for an answer. Ask my friends.

What are my friends saying?

Leon, Your NueStart Life Workshop really turned things around for me and my business. I believe your workshop was a major factor in me becoming the #1 Short Sale Professional in Myrtle Beach. Thank you so much!

Your friend for life,

Eddie Petrie eddieshorts

Leon, I am usually very skeptical when I hear people say that they have a turn key method for dealing with short sales. But you delivered and how! Team Lally in Hawaii thanks you very much.

Adrienne Lally Hawaii Real Estate

P.S. I would fly to China for your next workshop!

Pre-Foreclosure:

Coaching – Basic Survival Techniques of Foreclosure – In your coaching you will learn the difference between:

• Repayment! A term generally used to describe a mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued interest. The mortgage statement, usually received annually, shows the amount borrowed decreases throughout the term.
• Forbearance! To avoid foreclosure, the lender and the borrower can make an agreement called “forbearance”. According to this agreement, the lender delays his right to exercise foreclosure if the borrower can catch up to his payment schedule in a certain time. This period and the payment plan depend on the details of the agreement that are accepted by both parties.
• Modification! The is a process where the terms of a mortgage are modified outside the original terms of the contract agreed to by the lender and borrower (i.e mortgagor and mortgagee). In general, any loan can be modified.
• Foreclosure! The legal and professional proceeding in which a mortgagee, or other lien holder, usually a lender, obtains a court ordered termination of a mortgagor’s equitable right of redemption.
• Deed in Lieu! Sign deed back to bank and move out | Foreclosure with a purpose – Occupy home until auction date and then move out | Occupy home through auction and get Cash For Keys | Maintain 1st Loan and Negotiate reduction or elimination of the 2nd Loan.
• Short Sale! A short sale is a popular option for homeowners mired down with financial problems. In this case, you would sell your home for less than what you owe your lender; the biggest problem you will face is getting your lender to agree to a short sale. This is where the rubber meets the road. I am among the best at getting the lender to accept your package.

Sign Up for our Pre-Foreclorsure coaching now, Absolutely FREE!

If you decide a Short Sale is right for you, please note that every lender and situation is different. There is no guarantee that a short Sale will be accepted by the lender and there are several key factors that can contribute to a successful package going forward. Our team is certified and approved in knowing exactly how to package your deal for lender acceptance.

In California, if you are an investor, there are Civil Codes regulating your type of transaction and I will be happy to coach you through it.

Learn about…

• Options when you’re late on the mortgage.

• What the California Foreclosure Time Line is.

• How a Short Sale works.

• What to do when you’re Upside Down in your property.

• Pro-Active Strategies you can use immediately!

Use this quick form to say yes to Free Coaching Now!

Testimonials!

“I know distressed home owners are looking to me for answers to their problems and find workability in their particular situation. It is my duty to present accurate information with a level of competency about clients in your situation.

Many of the issues that pertain to a home in both pre-foreclosure and foreclosure, I have solutions for. I have created a simple, informative presentation that addresses your options as a home owner, the California Foreclosure Time Line, and creative strategies that make sense.”

Look at you fly big bro. Glad to see you listen to me sometimes. Don’t forget Mom said I still have permission to kick your butt if your head gets too big! In all seriousness, I am very proud of what you have accomplished. I see why all your clients love you. Keep up the good work!.With love from your little bro.Leonard Williams bizcard.leonardwilliams.me

Leon, you really know your stuff when it comes to Short Sales. Your knowledge and expertise has always been invaluable to me. I look forward to continuing our relationship in the future. By the way, your work shops and seminar’s Rock!Cheryl Watson Real Estate Professional

Your best options may be changing very rapidly!

Call Me Now!