Comments on: Disclosure is Key When You are Both a Real Estate Agent and a Short Sale Buyer! http://fridaycoffeebreak.com/topics/real-estate/disclosure-is-key-when-you-are-both-a-real-estate-agent-and-a-short-sale-buyer/ Weekly Preforeclosure Updates from Patrick Precourt Tue, 08 Nov 2011 16:01:16 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Sharon http://fridaycoffeebreak.com/topics/real-estate/disclosure-is-key-when-you-are-both-a-real-estate-agent-and-a-short-sale-buyer/comment-page-1/#comment-167 Sharon Mon, 24 Aug 2009 17:23:24 +0000 http://fridaycoffeebreak.com/?p=358#comment-167 So I am clear, if we are the investor in a transaction, I should NOT be the one listing the property (since I am now a realtor and broker) on the MLS? So I am clear, if we are the investor in a transaction, I should NOT be the one listing the property (since I am now a realtor and broker) on the MLS?

]]> By: Phil http://fridaycoffeebreak.com/topics/real-estate/disclosure-is-key-when-you-are-both-a-real-estate-agent-and-a-short-sale-buyer/comment-page-1/#comment-165 Phil Sat, 22 Aug 2009 14:41:52 +0000 http://fridaycoffeebreak.com/?p=358#comment-165 Is there anything we can do with or how can we approach MlS listings that state short sale approved $XXX,XXX, and also " this is a short sale $XXX,XXX third party approval required?? Is there anything we can do with or how can we approach MlS listings that state short sale approved $XXX,XXX, and also ” this is a short sale $XXX,XXX third party approval required??

]]> By: Robert Kim http://fridaycoffeebreak.com/topics/real-estate/disclosure-is-key-when-you-are-both-a-real-estate-agent-and-a-short-sale-buyer/comment-page-1/#comment-164 Robert Kim Fri, 21 Aug 2009 16:14:30 +0000 http://fridaycoffeebreak.com/?p=358#comment-164 Thanks, Patrick and Bob. This is GREAT stuff. I've been having problems with 2nd mortgage holders taking a discount since they now get their own "PMI" to make them whole if the property goes to foreclosure, but you just told us how to deal with this in this short video. Thanks, Patrick and Bob. This is GREAT stuff. I’ve been having problems with 2nd mortgage holders taking a discount since they now get their own “PMI” to make them whole if the property goes to foreclosure, but you just told us how to deal with this in this short video.

]]> By: Brian http://fridaycoffeebreak.com/topics/real-estate/disclosure-is-key-when-you-are-both-a-real-estate-agent-and-a-short-sale-buyer/comment-page-1/#comment-163 Brian Fri, 21 Aug 2009 15:00:15 +0000 http://fridaycoffeebreak.com/?p=358#comment-163 Patrick: in this video, you made the following statements in support of your position that land trusts should not be used - 1. Major title companies (like First American) will not insure land trusts 2. SS banks (like Wells Fargo) will not approve deals done with land trusts 3. Rationales for using land trusts like seasoning and transfer tax exemption no longer apply. Please email me separately to discuss. Patrick: in this video, you made the following statements in support of your position that land trusts should not be used -

1. Major title companies (like First American) will not insure land trusts
2. SS banks (like Wells Fargo) will not approve deals done with land trusts
3. Rationales for using land trusts like seasoning and transfer tax exemption no longer apply.

Please email me separately to discuss.

]]> By: Erwin Andersen http://fridaycoffeebreak.com/topics/real-estate/disclosure-is-key-when-you-are-both-a-real-estate-agent-and-a-short-sale-buyer/comment-page-1/#comment-162 Erwin Andersen Fri, 21 Aug 2009 14:34:51 +0000 http://fridaycoffeebreak.com/?p=358#comment-162 My concept is to assist Real Estate Agents in closing their short sales and your website and information like this has streamlined the process. This is excellent information. Would you consider Mentoring me and possibly get involved in what we are doing on a National basis? We have contacted National Title Companies and are doing numerous deals for them and I get envision a Third Party negotiating company on a National level. I know I am sticking my neck out telling you this but I am totally committed to make this happen. My concept is to assist Real Estate Agents in closing their short sales and your website and information like this has streamlined the process. This is excellent information. Would you consider Mentoring me and possibly get involved in what we are doing on a National basis? We have contacted National Title Companies and are doing numerous deals for them and I get envision a Third Party negotiating company on a National level.
I know I am sticking my neck out telling you this but I am totally committed to make this happen.

]]> By: Scott Phillips http://fridaycoffeebreak.com/topics/real-estate/disclosure-is-key-when-you-are-both-a-real-estate-agent-and-a-short-sale-buyer/comment-page-1/#comment-161 Scott Phillips Fri, 21 Aug 2009 13:52:10 +0000 http://fridaycoffeebreak.com/?p=358#comment-161 Hey guys, great info that you provide. Are there certain lenders that you just avoid that are not worth screwing with, and certain ones that are very easy to deal with? Hey guys, great info that you provide. Are there certain lenders that you just avoid that are not worth screwing with, and certain ones that are very easy to deal with?

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