Loss Mitigation Home Business Opportunity !!!
by Dallas Appraiser L.L.C. on 07/27/14
Title:
Loss Mitigation Home Business Opportunity !!!
Word Count:
613
Summary:
Today’s pre-foreclosure business is more than just looking for free foreclosure listings on the Internet or taking the plunge and investing in foreclosure listings that carry a monthly or annual fee. Anybody can do this and what will set you apart as a foreclosure real estate investor and as a pre-foreclosure specialist is the type of loss mitigation training you have.
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Article Body:
When real estate investors envision what it means to invest in foreclosures, they usually fall into one of two camps. One camp contains investors who primarily focus on the REO process, and they typically purchase REO properties or HUD homes to build their portfolios or generate profits. The REO camp usually requires access to a little more capital to be consistently active so this may offer limitations to many investors, particularly those new to real estate.
The other camp, and the one that I have built my own real estate business around, focuses on pre-foreclosure properties and short sales. There is also fantastic money to be made here (if there was not, I would not personally be doing it) and it offers more opportunities for the novice investor. It is primarily for this camp that I have used a Pre-foreclosure Cash Flow System.
Working the pre-foreclosure side of the foreclosure business is a natural draw for many investors interested in foreclosures because there is an abundant source of motivated sellers. That is only the tip of the iceberg, though. No matter how motivated a seller may be, real estate investors need to be well trained to be at their best. At the core of this need for training lies loss mitigation training.
What is loss mitigation? It is a general term that refers to working with a lender, whether you are helping a seller negotiate a payment arrangement or if you are working short sales. Lenders have their procedures they follow when processing foreclosures and so too should you have a process for working with loss mitigation.
Today’s pre-foreclosure business is more than just looking for free foreclosure listings on the Internet or taking the plunge and investing in foreclosure listings that carry a monthly or annual fee. Anybody can do this and what will set you apart as a foreclosure real estate investor and as a pre-foreclosure specialist is the type of loss mitigation training you have.
I have been in this business of foreclosures for a long time now and I have seen a lot of experts come and go whose best approach was simply to tell you about all the money there was to be had in pre-foreclosure and short sales. Where these others fell short was their inability to effectively train their clients in loss mitigation.
My business approach is a little different. Sure, I am going to be honest with you and tell you that there is indeed a lot of money to be made in short sales and most any aspect of the pre-foreclosure business. I also back that up by providing the type of loss mitigation training that I have proven successful with my own business.
Friends, loss mitigation and short sales are incredible opportunities but it can also be a jungle out there if you lack the loss mitigation training you need to be at the top of your game. You owe it to yourself to check out my Pre-foreclosure Cash Flow System and the detailed, cutting edge approach to loss mitigation that is contained within it. I wish you the greatest success in real estate investing.
Remember; do not be afraid to consult a professional like a home appraiser or an experienced local realtor!
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