Course Curriculum
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1
Introduction
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Welcome To Team Short Sales
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2
Section 1- What is a Foreclosure
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Difference in a Foreclosure and Pre-Foreclosure
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Why do people go into Foreclosure?
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3
Section 2- What is a Short sale, Loan Modification, Forbearance, and deed in lieu
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Short sales, loan mods, forbearances, deed in lieu
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What is a Short Sale?
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Deficiency judgments
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What is Loan Modification?
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Forbearance
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Deed in lieu
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4
Section 3- Locating Distressed Homeowners and Preforeclosures
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Pre-Foreclosure online Leads
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Sites to get addresses
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Teamshortsales.com Software
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2. Other Lead Generation sites
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Extra tutorial on learning BK site
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1. Gritty List 1
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4. Gritty List 2
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5. Gritty List 3
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Other tools in locating Distressed Homeowners and Preoforeclosures
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5
CRM's
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CRM's
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CRM Sites
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6
Section 4- Marketing
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Marketing Strategies
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Marketing
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Postcard Video
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Postcard Template
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Other ways to reach sellers
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7
Section 5 – Seller Information Questionaire
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Seller Information Questionaire
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A. The Phone Script
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What price should I offer on a short sale
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B. What offer should I have what’s the market Value
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8
Section 6- Inspection List
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PROPERTY INSPECTION SHEET
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Sample Repair Estimate Sheet
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Grading House-Using a grading scale can help you with an offer if you can't get a contractor
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9
Section 7- Short Sale Package Checklist with Mindmap
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Pre-Foreclosure Process Mindmap
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Short sale Documents to Gather from the Homeowner
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A. Form 1
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B. Form 2
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C. Form 3
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Purchase and sale Agreement Video explained
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Notice of Release of Contract
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D. Purchase and Sale Agreement
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E. Financial Statements
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F. Listing Agreement
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G. MARS Disclosure
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10
Section 8- - Submitting Your Short Sale Package to the Lender
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Submitting Your short sale package to the Lender
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Settlement 1
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Instructions for Settlement
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Copy of Settlement
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EXECUTORY SUMMARY
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Proof of funds letter
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11
Section 9-Loss Mitigation Script
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Loss Mitigation Phone Script
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Loss Mitigation Phone Script for the Short sale lender
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12
Section 10- BPO Brokers Price Opinion vs The Appraisal
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The Appraisal and BPO
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BPO_tactic_using_short_sale_restriction_or_deed_restriction
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BPOForm
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Disputing BPO's and Appraisals video
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13
Section 11-Outsourcing to Virtual Assistants
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Virtual Assistants
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Sites to find Virtual Assistants
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14
Section 12- Prepare to Close/Finding the Right Title Companies
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Choosing the Right Title Company
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15
Extras
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Lender Websites
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List of allowable and disallowable costs
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16
Recorded homeowner calls and Loss Mitigation Calls
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Homeowner call 1
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Homeowner call 2
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Loss Mitigation Call 1
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Loss Mitigation 2
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17
Short sale forms to use
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Short sales forms
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18
Extra Bonuses
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What to do for Lockboxes on vacant homes
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WHO IS THIS FOR?
Do you need software: No you just need your phone and computer starting off.
Social proof: reviews
Instructor's Bio
Cecil Rose
[email protected]