Strategic Defaults

Hey DC here, We’ve had a lot of requests for a replay of last night’s webinar.. We won’t be having a replay but we will notify you when I do this training again so you can get on live. Now for today’s Ask DC- Question of the Day… I got this question from Susan: “Hey [...]

Brand New Training for You

Hey D.C. here, Aside from the Patriots losing the Superbowl, I had a great weekend. Tyler, Sarah and I went to Monster Jam Saturday night. Tyler loved it. Grave Digger won… again. He has more wins than any other truck in history. There were more wrecks than I’ve ever seen before. It was crazy. I [...]

Short Sales and Defiency Judgments

Ready for another round of Ask DC? Here’s a question that just came in: Q: Will the homeowner have a deficiency once the home has been short sale, in other words will the banks go after the homeowner for the balance? – from Earlene A: Each lender will address the deficiency judgment issue differently as [...]

Homeowners and Listing Realtors

Hey D.C. here, I got this question from Joe other day: “Hey DC, Can you answer this question for me? When do I start talking to the homeowner of an identified short sale target? How do I get around the listing realtor to talk directly to the homeowner?” Ok Joe, Here is the deal. If [...]

Building a Good Short Sale Team

Hey D.C. here, I got this question from Harry other day. “Hey DC, Can you answer this question for me? Can you give me tips for putting together a great short sale team? I am in the process of getting into the real estate industry doing short sales, but as I understand you need a [...]

Reasons for Defaulting on a Loan

Hey D.C. Here, I got this question the other day. “DC, I am negotiating a short sale, but the lender denied my offer because the seller does not have a hardship. I was shocked and dumbfounded. Can you go over some reasons for defaulting on a loan?” My response: Bankers don’t care what causes people [...]

Why is it Good To Work with an Investor?

Hey D.C. here, I wanted to talk about why it’s good to work with investors because a question recently came in about this. They asked: “Why is it good to work with real estate investors?” Here is the deal… Investors are purchasing more now then ever. Current housing conditions have made it easy for many [...]

What is the best way to make offers on Short sales?

Hey D.C. Here, I got this question from Walter other day.   “Hey DC, I know that if I want to make money, I need to start making offers on short sales.  How do I find a realtor who is investor friendly?” Here’s my answer: In this market, real estate investors are still closing on [...]

Will you be ready for the real estate shift in 2012?

Hey, D.C. Here, Up to 9 million homes may enter foreclosure between the 2011 and 2013 period, versus one million in a typical year. This will send shock-waves through the stock markets and world economy. It may as well be the “dark ages” for homeowners and lenders alike…and the wave of mortgage re-sets will continue [...]

Tax Deed Sales

Hey D.C. here, I got this question from Bailey other day. “Hey DC, Is it profitable to invest in Tax deeds?“ Ok Bailey, absolutely yes, it is very profitable. Every homeowner must pay some sort of tax to the government for the real property that they own. Tax deeds are sold in almost every state [...]

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