Area to concentrate

Hi All,

Being new to this side of the business I was wondering if I should be focusing/studying on short sales verses working with the home owner and offering to help them utilize their equity for a win win on both sides. I haven’t been through a deal yet, so I don’t know how many people out there will have equity in their homes and still go into foreclosure. My thinking is people are going to be over leveraged and are just looking for a way out - Verses- a homeowner having equity and me being able to get the deed and help give some of their equity back to them when a new loan is established without doing a short sale.

I want to focus on what is happening in the real world so I don’t waste time/money on courses that won’t HELP!!! ???
Thanks !

You should be working on both… most homeowners will not have any equity. The short sale will give you more options to help homeowner with no equity and if you focus on just the homeowners with equity you will limit you deals.

Learn all you can about all aspects of the business but you need a niche.

Tony

Thanks Tony I’m sure I’ll have many more questions.

Joe