On this week’s PFDG “Tip of the Week” we dig into the best ways to get a hold of your loss mitigation negotiator when he or she is not calling you back on your short sale transaction (which happens all too often)! Listen in as we not only cover how to get a hold of an unresponsive negotiator, but when to go over their heads and demand to speak to their supervisor, and when you should NEVER try and go behind their backs.  We’ll also cover Wells Fargo’s new short sale platform and how it differs from Bank of America’s, how Wells Fargo and B of A are handling their HAFA short sales, and also an update on our new and improved CRM (or Small Business Workspace) FinerSolution.com, and much more.

Take a 14 day test drive of the easiest, most comprehensive real estate management platform available! Visitwww.PropTrackr.com for more info.

On this week’s PFDG “Tip of the Week” we dig into which Foreclosing Lenders are pissing off sellers due to their multiple requests for updated documents. Listen in as we not only cover which lenders are causing undue stress on your short sale transactions, but how to make sure your sellers stay with you for the entire deal, how to work with “lazy” and uncooperative sellers, how to prevent any misunderstanding of the process. We take a look at the interesting update on Chase’s short sale approval letter and how it seems like they DON’T want to be paid. An update to our new “one stop” Small Business Workspace FinerSolution.com… Email Marketing, Social Media Marketing, Contact Management, Website & E-mail Hosting and the growing app market.

Take a 14 day test drive of the easiest, most comprehensive real estate management platform available! Visitwww.PropTrackr.com for more info.

On this week’s PFDG “Tip of the Week” we break down the latest changes on how fast short sale transactions are taking, from the inception of your short sale package all the way to the short sale acceptance letter, from some of the biggest lenders and investors that are still around today! Listen in as we tell you not only how long the short sale process is now taking, but also how bank audits are effecting what is needed in our short sale packages. We’ll also cover why informing buyers, sellers, real estate agents, and attorneys that these changes will affect our closing times is crucial, and is a “DEAL SAVER,” and also an update on our new and improved CRM (or Small Business Workspace) FinerSolution.com, and much more.

This week’s Preforeclosure “Tip of the Week” from PreforeclosureDailyGrind.com’s Bob Lachance and Chris “The Drummer” Bowes discuss the latest changes from Wachovia and First Franklin and in particular what they both will allow a 2nd mortgage to “Net” when they take a discount (short sale). This video covers how much they will typically allow a 2nd mortgage and how to talk with each departments short sale/loss mitigators. Visit www.PreForeclosureDailyGrind.com for more videos or to ask questions visit www.AskBobLachance.com. Please leave your comments and questions so we can address them on future videos!

We are doing a video documentary series on an actual short sale from the start of the short sale process all the way to the end. We are starting this video series (part #1) with the seller already on board and ready to sell their property. As you will see in this 1st video, we are using a student’s property as an example because one of the agreements we made with him is that we would video tape each step of the process and what we do and how we do it for his staff of loss mitigators!

In this video, we focus on how our company starts the short sale process; after we receive the homeowner’s “Authorization to Release Information” (*which will allow us to speak with the foreclosing lender on their behalf).

I will narrate this video and will be talking to Chris (our top loss mitigator) about the actual process that we go through in our office. Chris will show you how we fill out our fax cover sheet, what we put on the fax cover sheet, where to find the correct phone number to start the process and how to find the correct fax number for the correct department that is handling our short sale.  This will be an unedited video documentary so that any real estate investor (whether it is a wholesaler, rehabber, or a short sale specialist) will have the confidence to pick up the phone and get the short sale side of your business up and running.  After you finish watching this video, feel free to leave a comment on this blog. Also, if you want to ask any question on the pre-foreclosure business visit www.AskBobLachance.com and stay tuned for our follow up video on this Short Sale Documentary!