Get In the Short Sale Real Estate Investing Game NOW!
While I was moderating EasyHUD/forum today I ran across an interesting video .
Here is the link to the YouTube Video if the player doesn’t load below.
http://www.youtube.com/watch?v=pmeBSWI9sF8
There is a crisis that taking place right now of which VERY FEW are even aware. It is called the “Alt A” Crisis.What is ALT A CRISIS?
Here are some hints:- It is 50% BIGGER than Subprime Loan Types and growing larger!
- It has an Over 14% default with higher than a 700 avg. CREDIT SCORE/FICO
- It is going to be MUCH larger than the Subprime Crisis
- It involves many exotic loans
- Many of the loans balances will go up significantly thus creating even more defaultsTake a look at this website: http://www.newyorkfed.org/regional/subprime.htmlBottomline: Negative Equity is a HUGE Contributor to loan default. It will make Subprime Crisis look like a baby.
I recommend you check out Mr. Mortgage Blog/Website and subscribe to his RSS Feed.
What do you think about the “Alt A Crisis”? Do you think it would be beneficial to start focusing more of your real estate investing on short sales?Do you agree or disagree with Mr. Mortgage?
BECOME A SHORT SALE INVESTOR TODAY.RIGHT NOW, YOU ARE STANDING IN A RARE PLACE IN HISTORY FOR THE OPPORTUNITY IN INVEST IN SHORT SALES.Think you don’t have time to invest in short sales? Join our Team at www.ShortSaleology.com and let us do them for you.
Remember… be a servant,
Cory Boatright
Loss Mitigation Specialist
www.ShortSaleFundamentals.com
P.S Download the “Short Sale Trifecta” and join our GROWING COMMUNITY.
In fact, the month of February 2008, Our Lender Negotiation Team discounted… ready for this? $2,028,268.33 and we closed over $3,793,918.67 Quick side note: because I LOVE to brag on my students. One of my students recently closed on a short sale deal and walked away with a check for over $96,000 profit! And get this… since he went through my study course he has made over $700,000 PROFIT!!!




