A Little Known Technique to Cash in on EVERY Short Sale Real Estate Deal You Find
With foreclosures exploding everywhere, many Americans are dealing with the fact that they bought houses they just
couldn’t afford. Few things are worse than losing your home. Anyone who has experienced foreclosure will telly you that
it is an absolute nightmare The banks have it difficult as well. They have to remove these big pricey houses off their records. If they don’t, they pay for the foreclosure process, opening costs and attorney’s fees. Foreclosing is not fun for anyone.
But I want to share with you a cool little secret on how to cash in on the short sale deals that would normally be passed
over by the banks. (If you know short sales, then you know that this is typical.) its a little-known concept called the “Deed in Lieu.”
So banks will quite often accept the deed so they won’t have to pay for the foreclosure process and attorney’s fees and opening costs etc. (You can usually get between $1000-3500 per deed!)
So what does that mean for you? It means that you can cash in on EVERY single short sale deal that comes your way when you
understand how the Deed in Lieu process is structured. (Even the deals that most investors would pass up as being a dud.)
Its a win/win because if its a awesome deal you make a huge payday on the short sale. If its not, then you can usually get at least $1000-$3500 per deal using this Deed In Lieu. Few people know of this wholesale real estate marketing tactic and those that educate themselves will reap the rewards.
For more great marketing tips for your wholesale real estate business, visit Wholesale Real Estate, then visit Michael Kimble’s blog for videos, atWholesale Real Estate blog.
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