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approval letter bob lachance chris bowes externsion foreclosure Investment postpone foreclosure Preforeclosure Real Estate Short Sales
This week’s Preforeclosure “Tip of the Week” from PreforeclosureDailyGrind.com’s Bob Lachance and Chris “The Drummer” Bowes is about how to get an extension on a short sale approval letter, the reasons why you will potentially need an extension and how to postpone a foreclosure sale date! Visit www.PreForeclosureDailyGrind.com and www.ShortSaleDailyNews.com for more short sale videos and articles. Please leave your comments and questions so we can address them on future videos!
Is it possible to get the REO spreadsheet from Amy today? I have 3 deals that are in stalemate right now. I think that could make the difference.
Bob and Chris, another option that I have used with a decent degree of success and minimal financail pain is offering to pay a per diem for each day we don’t have the deal closed when asking for a 2nd or 3rd extension.
Rich,
Great point. That is another way to get it done. Thanks for the feedback.
Some of the Banks are reviewing ‘lines of credit” with investors to determine increases. Or maybe your investor has a commercial line of credit that needs to be converted. The bank’s delayed due diligence caused the expiration…!?!
I would like to see Amy’s spreadsheet also. We have one I have used, and I want to see what we might have left off…..
I would love to see that Amy’s spreadsheet also.
Excellent writeup.. I really like checking out your site because the writers always provide informative articles about computers and new technology. Great work once again. I think I shall subscribe to the blog feed. I am excited to put this blog in my favorites list.Thank you..BTW I also have much training in sales..