Short Sale & Foreclosure Help!

Foreclosures, Short Sales, Tax Foreclosures
1

Can anyone help explain to me short sales? Here is my situation. I have several opportunities on foreclosed properties. These homes are a month away from being sent to the Sherriff’s Sale. Can any one give me any pointers on how I go about getting the prices dropped? Do I just contact the bank that the mortgage is with and ask them if they negotiate on notes that are getting ready to be foreclosed upon? Any information would be great.

Thanks,

2

first you need to contact the home owner and get authorization to release information signed and all other info plus they have to agree too.thats the only way the bank will discuss that account with you.that’s when you can ask the bank to send you the short sale package.this is just the basics there’s a little more to it…just read and search and you’ll find what you’re looking for.good luck