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Short Sale Homes - YouTube
Channel: REISuccessCenter
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so exactly what is a short sale why do I
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like them so much
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well when a homeowner owns more on their
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mortgage than the value of their house
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the bank may agree to accept less than
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the total amount due on the loan there's
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a lot of people with this problem right
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now in the United States don't you agree
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the house is then sold to a short sale
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usually to an investor this creates a
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huge opportunity for you and the good
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news is it's a win-win for everyone
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when number one the homeowner is now
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able to sell their house and avoid
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foreclosure when number two the bank
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gets a bad loan off their books when
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number three the investor deposits a
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hefty check into their bank account and
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when number four if you are immediately
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flipping that short sale deal there's an
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opportunity often to help another
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investor make a payday as well short
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sale opportunity for 2013 don't believe
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us listen to these news headlines the
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Washington Post states short sales
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surged in 2012 trend to continue in 2013
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the United Press International reports
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banks are more willing to approve short
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sales as the foreclosure push declines
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RealtyTrac reports foreclosure sales and
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short sales account for 43 percent of
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the u.s. residential sales in 2012 short
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sales are the hot 2013 real estate trend
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according to investors dot-com
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so what does this mean for you
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opportunity opportunity for big profits
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serve to you on a silver platter so I've
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come up with a five-step short sale
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system fine evaluate negotiate clothes
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and cash your big check you see that's
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why I like it so much
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the paydays are bigger and there's less
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competition from other investors in fact
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other real estate investors who are
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intimidated by short sale opportunities
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when they find them will come to you for
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help so maybe in the past you've had a
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problem maybe you've tried real estate
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investing before maybe you've always
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wanted to get started in real estate
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investing and you had no idea how maybe
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you're intimidated or to put it simply
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you have a fear of failing maybe you
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never felt you could trust the word of a
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real estate guru that wanted to sell you
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their course well you are not the only
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one and I want to show you that we here
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at the REI Success Center do things a
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little bit different you see we actually
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care about our students and their
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success
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I've known Valerie Scott for over thirty
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years we have been friends and she has
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been my mentor me and my son Michael
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took her course her short sale course at
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the REI Success Center several months
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ago and since then we have done several
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deals I would say that the most
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important thing about the REI REI
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Success Center and Valerie Scott is that
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they aren't truly and sincerely
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interested in their students and
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interested in their students success
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most of those people who have got the
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newest latest greatest book or CD they
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may have done short sales they probably
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haven't done them in a long time and
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they're not current on what is working
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what is not working and so they've got
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they've got a system that is probably
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out of date at the moment that it's
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printed one of the things that I love
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about Val is she's so under the radar I
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mean I didn't know about Val as being
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one of the greatest look she does these
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great short sales and then she's a
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wholesaler she holds sales these deals
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to guys like me I didn't even know she
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existed and so when I found out about
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her I'm like that's a gold mine but the
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but what I'm getting at is she vowed
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never down ever sort of woke up one
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morning and said oh let me be a guru let
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me be someone who's going to teach the
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masses
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it was the masses coming to her saying
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please please please will you teach me
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will you teach me how many people you
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think you've taught for free oh my
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goodness when I first started I want to
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say at least thirty those days are over
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okay at least thirty and you know some
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of the be right and what happened those
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days are over
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okay you if you're serious about
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learning this business need to learn
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from someone who knows the business not
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someone who's writing the latest
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greatest manifesto or pill or book okay
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you need to be learning it from someone
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who does it on a daily basis and has
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been doing it on a daily basis for
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thirteen years now
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you
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