From one Real Estate Investor to another, I believe it is very important to always fully understand the basics to what you are doing. With that said, this audio message will discusses the question…What is a short sale?

• Always remember that you are buying a property from the seller, not the lender.
• You are justifying your offer to the lender and trying to get them to take a discount.
• The lenders options are few, so it is your job to make them want to do business with you based on your offer.
• The process can take anywhere from 2-4 months on average, or longer depending on the situation.
• There are never any guarantees that the deal will actually go through, however the better you justify yourself and your offer, the better your chances!

Talk back to me friends and let me know your thoughts on this audio post. I want to know what you like, dislike and everything in between. I