Experienced Investor new to site
Hi All,
I am experienced in short sales and I am willing to share some of my knowledge with those who are interested in this area.
Bye for now!
Most Popular Reply
He is not making money on this deal, you are not missing anything. In a worst case scenario, Chris simply helped the homeowner without profit for himself by substituting himself for his end buyer.
At times, it is necessry because the bank will not budge. If that happens, you can either walk away and leave the homewoner hanging, or you can short sale their home at no profit to your end buyer and at least keep a good name for yourself and potentially a client who will refer you to friends, family, others becuase of your efforts for them.
At times, it is necessry because the bank will not budge. If that happens, you can either walk away and leave the homewoner hanging, or you can short sale their home at no profit to your end buyer and at least keep a good name for yourself and potentially a client who will refer you to friends, family, others becuase of your efforts for them.