Short Sales A-Z! Contractors what should you NEVER do if you’d like to retain your Workmen’s Comp Policy?

Short Sales are so prevalent and so misunderstood that we Real Estate Investors can’t get away from them and have trouble with them. So Tuesday, March 26 we’ll have the TOP Loss Mitigator take us through the entire process.

Investors, If you’re purchasing a property that’s “Under Water” (more is owed than what it’s worth) mark your calender to Attend this important meeting. If you’re trying to Sell a home that’s “Under Water” you’ve got to join us Tuesday! even if you just Live in a Home you may want to learn how to Help these “Under Water” owners get out from this Burden and help yourself at the same time.

We’ll be covering: Why the process takes so long? And shouldn’t!

Which are the Loss Mitigation “Buckets” by preference and Why?: 1. ReFinance by HARP. 2. Forbearance. 3. Loan Modification. 4. Short Sale. 5. Foreclosure.

As you connect with the Sellers you need these Key items 1. Are you now in Default? 2. Primary residence or Investment property? 3. Does the Seller have Assets? Retirement, Savings, Bank Accounts? 4. PMI? 5. Multiple Liens? 6. Taxes, Municipal Liens?

How to Save Time and Learn to “Walk” on certain properties & Owners!

The Short Sale process: Offer, Package issuance, Package submission, BPO/Appraisal, Value assessment & net determination, Lender approval, Investor approval, Closing!

Contractors, it’s hard enough to get by when you’ve got work, you’re getting paid and your help is happy! So how do we avoid stepping off the guidelines of Workmen’s Compensation Insurance and being stuck with high premiums? Cy will join us and cover his guidelines when he issues policies!

Tuesday March 26, 2013 6:30 PM – 9:00 PM Networking, Refreshments, Buy/Sell 6:30 – 7:15

7:15 – 9:00 PM Workmen’s Comp and Short Sales! SpringHill Suites Hotel, 43 Newbury Street (Route 1 North, just before Sonic Carhop) Peabody, MA 01960 978-535-5000 Always FREE to members, Only $25.00 for Guests, Only $99.00 year to join!

See you there, Mike Hurney, Director, www.MassRealEstate.net PO Box 307, Marblehead, MA 781-639-8616 Office [email protected] 781-405-1845 cell NMLS #43341 [email protected]

 

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