I will be teaching the following seminar, hosted by PropertyShark.com this upcoming Tuesday:
Short Sales
As the foreclosure rate rises, everyone involved in real estate is being forced to evolve. The short sale is a tool that helps all the members of the foreclosure market. The bank benefits by eliminating the possibility of a repossession. The borrower benefits by solving his foreclosure problem. The investor benefits by creating a transaction that can net larger profits that normal. Be part of this class, taught by Kathleen Scanlon, Esq, an expert in the field of real estate law, particularly, short sales.
Topics covered will include:
* What is a “Short Sale” exactly?
* How does a short sale help the bank?
* How does a short sale help the borrower?
* Working with the bank.
* Working with the borrower
* The Short Sale Package
* The Bank’s Response
* Accepting or Rejecting Your Offer
* Exit StrategiesAdditionally, participants of this course will find the answers to these following questions:
* Why invest in distressed properties using short sales?
* How do I find properties for short sales?
* How do I choose a target area for short sale prospects?
* How can I finance my short sales?
* Where can I find advice and support throughout my investment endeavors?Notes: Attendees must pre-register, no registration at the event – Class limited to 30 attendees.
Date: Tuesday, June 17 6PM – 9PM
Location: Kaplan Financial, 61 Broadway, Suite 700, New York, NY 10006
PropertyShark University Class Description
Tags: shortsales, propertyshark, land trusts, distressed properties, real estate, mortgage, foreclosure
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