Friday Coffee Break» precourt

The Latest “Unknown” Government Short Sale Changes! Will the new HAFA Program Work or Not?

Patrick Precourt — Fri, 07 May 2010 03:22:20 +0000

On this week’s Friday Coffee Break we dig into two of the latest and greatest government changes in their infamous HAFA Short Sale Program. You won’t believe what they added this time that will make your sellers pretty mad! We also cover our upcoming Equator.com webinar, our upcoming PropTrackr.com webinar, whether or not a HELOC (Home Equity Line of Credit) that gets charged off will qualify for the HAFA Program, whether or not you can collect a loss mitigation fee on top of a real estate agent commission, the best way to turn a potential wholesale short sale flip into profit when you are dealing with a lender who has a 30 day no resale clause and you have no money, and much more. Visit www.FridayCoffeeBreak.com for more real estate specific videos and check out www.PropTrackr.com for the industry’s best online Real Estate Management Tool — developed by North Shore Enterprises!

In Real Estate Winners Never Quit and Quitters Never Win! Which One Are You?

Patrick Precourt — Fri, 12 Mar 2010 07:34:21 +0000

In the real estate business quitting or even thinking of quitting is NOT an option! Time and time again I hear too many investors making some sort of excuse! (I am waiting to start because… I can’t do this because… I need to get more educated because…). If you take action and keep pushing through the hurdles you face on a daily basis you will have no other choice but to succeed! Listen in as I not only talk about this ever common business challenge, but I also cover how to weed through all the “GURU’s” on the Internet and which ones to follow, how to deal with a Realtor that is demanding a big deposit on a short sale listing, my opinion on Toxic Assets and what they are and much more.

Visit www.FridayCoffeeBreak.com for more real estate videos from Patrick Precourt of North Shore Enterprises. Join us down in Orlando on March 25th-28th! Learn more at www.ShortSaleBootcamp2010.com!

53 Year Old With No Credit But a Ton of Passion: Where Do I Start?

Patrick Precourt — Fri, 13 Nov 2009 01:27:29 +0000

What would you do if you were 53 years old with no credit and no money, but had an intense burning desire to become extremely successful? Listen in as we go over the most important things to focus on to achieve your goals. Also listen in as we go over what to do when a 2nd lien holder tells you that their debt has been charged off, what a ‘Lender Structured Deed-in-Lieu’ is and how it shows up on your credit report, what to disclose to your C Lender when you are short saling and reselling a property and much more. Visit www.FridayCoffeeBreak.com and www.ShortSaleDailyNews.com for more real estate specific videos and articles.

The Trick to Getting a Property Closed If The 2nd Mortgage Requires More Than The 1st Will Allow!

Patrick Precourt — Fri, 12 Jun 2009 08:30:02 +0000

Second Mortgages are more often requiring more money than a 1st mortgage will allow when dealing with a short sale! With that being said, I go over how to legally get paid when a buyer is willing to pay the difference. This video will also cover whether or not it is better to have separate LLC’s if you buy and sell over 5 properties per month, what the exact verbiage to use on your purchase & sale agreements that would make it just as effective as an option contract (if any), how to tie up a property so another investor doesn’t mess up your deal, and much more… visit www.FridayCoffeeBreak.com for more real estate specific videos and to ask real estate specific questions!

Annual Conference Call: The State of the Real Estate Investment Industry

Patrick Precourt — Wed, 14 Jan 2009 07:15:41 +0000

Welcome to FridayCoffeeBreak.com, the newest part of the North Shore Network!

In this weeks video Patrick Precourt of North Shore Enterprises gives us an update on what’s coming up in the next couple of weeks and announces the annual State of the Real Estate Investment Industry conference call that everyone is invited to. We’re going to talk about what changes we can expect in the preforeclosure industry and real estate investment in general and how the new presidency and legislation are going to affect our business.

Pat gives a good idea of what the discussion for this upcoming conference call will be and some great advice for starting off this new year right for your investment business.