Friday Coffee Break» realtors

You Are Now Paying Your Unemployed Neighbors Mortgage!

Patrick Precourt — Fri, 13 Aug 2010 17:15:21 +0000

Did I get your attention?
Good, because that is the latest thing that our tax dollars are going to be paying for. The program is called the Emergency Homeowner Loan Program and is going to cost us $3 Billion Dollars. Doesn’t it make you think… “Why I am working so hard?” or “Why didn’t I over leverage my house because I could have gotten bailed out?” Listen in as I cover this hot topic and also the truth behind whether you can sell a property with owner-financing now that the SAFE Act has passed. We will also cover whether you can short sale a property when the homeowner files Bankruptcy, whether or not you can “assign” or “flip” an REO (a bank owned property), plus how to track down a mortgage that was assigned from one lender to another and much more. Visit www.fridaycoffeebreak.com for more real estate videos from Patrick Precourt and North Shore Enterprises!

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Disclosure, Disclosure, Disclosure — What Exactly Do I Need in Writing to “Protect” Myself?

Patrick Precourt — Fri, 19 Mar 2010 23:22:12 +0000

Disclosure is the number one thing that real estate investors and licensed real estate agents have to do in today’s real estate climate. When you are sitting with a seller or talking to them on the phone you have to make sure you are crystal clear on what you want to accomplish. If you are an investor “tell them” you are an investor, if you are looking to assign a contract that you have on their house “tell them”, if you want to do a short sale flip “tell them”, well you get the point! Disclose everything! On this week’s Friday Coffee Break we not only cover the proper disclosures that you need sign but we also cover what kind of language is considered “too vague” on a short sale acceptance letter, how to renegotiate a lower offer after you have already gotten a short sale acceptance letter, the important steps you need to take when you reselling a property to an FHA buyer so you DON’T screw up your deal, a clarification on the HAFA program and what investors the program covers and much more. Visit www.FridayCoffeeBreak.com for more real estate videos from Patrick Precourt.

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Beware of Realtors Who Learned Short Sales Through A Certification Course!

Patrick Precourt — Fri, 29 Jan 2010 04:32:52 +0000

On this week’s Friday Coffee Break we touch upon the little known facts about dealing with real estate agents that have learned short sales through a half day certification course. Could they possibly be the expert after half a day? Who knows, but make sure you listen to this video and I will let you know what I think! We also cover whether a bankruptcy list is a good list to target and where the best place to get that list is, whether or not you should cover up a mold issue that arises after an inspection, the best way to handle a 2nd lien holder when they are being unreasonable and much more! Visit www.FridayCoffeeBreak.com for more real estate videos from Patrick Precourt!

Bankruptcy Attorney’s Just Don’t Give a Crap About Their Clients!

Patrick Precourt — Fri, 29 May 2009 03:22:50 +0000

There are a lot of Bankruptcy Attorney’s that just don’t care about their clients or their credit! In this video you will see how to deal with the sellers and some of the bad advice they give to their clients. This video will also cover the best way to get a loss mitigator to budge off their guidelines on VA insured loans, how a buyer actually pays your fee on a short sale flip, how and what listing agreement you send to a foreclosing lender when they request one, and much more…. visit www.FridayCoffeeBreak.com for more real estate specific videos and to ask real estate specific questions!

How to Get Over the Challenge of Your End Buyers Lender Wanting to See Your Short Sale Acceptance Letter!

Patrick Precourt — Fri, 24 Apr 2009 07:16:31 +0000

When you are an active preforeclosure investor there are some hurdles you will need to get over in order to take home a big paycheck! This video will explain in detail how to jump over some of those hurdles! Listen as I go over how to get around FHA seasoning requirements when a property is bought for $1.00, how soon you should start looking for a buyer when you pick up a new short sale property, how to overcome having to get the Deed signed, and much more… visit www.FridayCoffeeBreak.com for more real estate specific videos.

The New Loan Modification Program Will Not Affect The Short Sale Industry, Period.

Patrick Precourt — Fri, 06 Mar 2009 10:07:57 +0000

Listen in to this week’s Friday Coffee Break and watch Patrick Precourt dig into the new loan modification program put into effect by the government and why the $75 Billion bailout won’t do much to affect the real estate short sale industry. This week’s Q & A covers “how and if” REO and Foreclosure Sites affect a back to back closing, how a real estate agent can invest in the preforeclosure industry by full disclosure and much more.

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Challenges and Opportunities 2009