REI Truism #1: It’s no big secret that today’s real estate market is oozing opportunity in the short sale and REO arenas.
REI Truism #2: The likelihood of your short sale or REO offer being accepted improves notably when your offer is clearly and concisely made, and it’s benefits simply-yet-professionally framed.
Which brings us to today’s REI Tip…
Painting a Bank-Seducing Picture…
If you’d like some tips on improving the “acceptability” of your bank offers, then watch this video from systems-geek Gerry Romine.It’s basically a video demo walking through how he goes about making a simple, professional presentation of your offer to a bank — one that makes fast, easy work of showing how your offer’s ultimately in their best interest and should be seriously considered.
What’s This Fancy Pants Software?
If you caught my “Ridiculously Awesome Systemization” post last week, then you’ll recognize Gerald’s fancy pants software at work here.
…Of which, by the way, I’ve had more than a few folks emailing me asking for more info.
This is not my thing, folks!
But I do know Gerald’s launching it this week sometime, and I promise to keep you posted. I’ll even be posting a short interview about this in a couple of days. If you’re interested in his software, I’d recommend you stay tuned for our little chat before you make a buying decision. You’ll be glad you did.
In the meantime, I just noticed he’s running a contest right now (at the day/time of this post) and giving away three (3) free copies of his “kick-a” UREI software. You can enter his giveaway contest here…
Having said that, please enjoy today’s tasty tip: How to Make Sexier Short Sale/REO Offers
And as always, your comments are welcome.
Interested in the software program for the “How to make tempting REO/short sale offers”. Please send cost and how to order.
Sincerely,
Dennis Roundy
Very interesting software. When will it be available for purchase and for how much?
John
I am not a realestate Person what are the terms he uses like BPO.Moa 504 505 603 for some How does a person who doesn’t know all of this ever get into this. Please give me an idea.
Sincerely
Dick Rowbotham
BPO=Broker Price Opinion, it’s basically a real estate broker’s opinion of what a property is worth. Most short sales are a discount off of the BPO, so as an investor, you want it as low as possible. (use HUH & foreclosure sales in your analysis).
MAO=Maximum Allowable Offer–it’s the MOST you can possibly pay and maintain your profit margin.
Hope that helps