The Preforeclosure Daily Grind» lender http://preforeclosuredailygrind.com from the offices of North Shore Enterprises Thu, 04 Aug 2011 18:18:14 +0000 en hourly 1 http://wordpress.org/?v=3.3 The 3 Main Reasons Why Short Sales Will Be Hot For Another 3 Years! http://preforeclosuredailygrind.com/2010/10/the-3-main-reasons-why-short-sales-will-be-hot-for-another-3-years/ http://preforeclosuredailygrind.com/2010/10/the-3-main-reasons-why-short-sales-will-be-hot-for-another-3-years/#comments Fri, 29 Oct 2010 20:41:49 +0000 Bob Lachance http://preforeclosuredailygrind.com/?p=666

On this week’s Preforeclosure Daily Grind “Tip of the Week” we dive into the 3 main reasons why short sale investing, short sale processing and short sale listings will be around and “hot” for another 3 years! We cover one huge “hidden” secret that the government does not want us to know that will ensure that short sale experts are going to be around for a long time! Listen in as I cover this and what new company Bank of America is using to handle their HAFA short sales, how that company reviews their short sale transactions and much much more!

]]> http://preforeclosuredailygrind.com/2010/10/the-3-main-reasons-why-short-sales-will-be-hot-for-another-3-years/feed/ 5 Know your Closing Costs or Lose Your Short Sale Profit! http://preforeclosuredailygrind.com/2010/01/know-your-closing-costs-or-lose-your-short-sale-profit/ http://preforeclosuredailygrind.com/2010/01/know-your-closing-costs-or-lose-your-short-sale-profit/#comments Wed, 27 Jan 2010 23:36:35 +0000 Bob Lachance http://preforeclosuredailygrind.com/?p=423
This week’s Preforeclosure “Tip of the Week” from PreforeclosureDailyGrind.com’s Bob Lachance and Chris “the Drummer” Bowes is about making sure you know the exact costs that are associated to buying and reselling a short sale property. Whether you are a real estate agent negotiating for an investor or you are an investor yourself it is absolutely crucial that you have the best system to analyze your deals. In this video we cover how we analyze our short sale deals, the top 3 ways real estate agents can use their license to make extra money, hidden costs you may not be aware of when buying and reselling short sale properties and much more.  Visit www.PreForeclosureDailyGrind.com for more short sale videos and www.ManageMyShortSale.com for the “industry best” short sale and loan modification management tool.
]]> http://preforeclosuredailygrind.com/2010/01/know-your-closing-costs-or-lose-your-short-sale-profit/feed/ 3 Will Saxon Mortgage Cut Your Commissions on a Short Sale? http://preforeclosuredailygrind.com/2009/09/will-saxon-mortgage-cut-your-commissions-on-a-short-sale/ http://preforeclosuredailygrind.com/2009/09/will-saxon-mortgage-cut-your-commissions-on-a-short-sale/#comments Sat, 05 Sep 2009 06:56:19 +0000 Bob Lachance http://preforeclosuredailygrind.com/?p=303

This week’s Preforeclosure “Tip of the Week” from PreforeclosureDailyGrind.com’s Bob Lachance and Chris “The Drummer” Bowes is about the new conditions of a Saxon Mortgage/Hillbridge Capital Group’s short sale approval letter. Will they take your commission away? How much will they allow a 2nd mortgage? Listen in for the answers and much more! 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!

]]> http://preforeclosuredailygrind.com/2009/09/will-saxon-mortgage-cut-your-commissions-on-a-short-sale/feed/ 3 How to Not Get “Blacklisted” from a Short Sale Department! http://preforeclosuredailygrind.com/2009/08/how-to-not-get-blacklisted-from-a-short-sale-department/ http://preforeclosuredailygrind.com/2009/08/how-to-not-get-blacklisted-from-a-short-sale-department/#comments Fri, 21 Aug 2009 07:18:18 +0000 Bob Lachance http://preforeclosuredailygrind.com/?p=293

This week’s Preforeclosure “Tip of the Week” from ShortSaleDailyNews.com is about how to “NOT” get blacklisted from a foreclosing lenders short sale department, the new company that Citi Mortgage outsources some of their short sales to and much more!

]]> http://preforeclosuredailygrind.com/2009/08/how-to-not-get-blacklisted-from-a-short-sale-department/feed/ 3 What Sellers Can Expect After Their Short Sale is Completed and The Buyer Closes http://preforeclosuredailygrind.com/2009/05/what-sellers-can-expect-after-their-short-sale-is-completed-and-the-buyer-closes/ http://preforeclosuredailygrind.com/2009/05/what-sellers-can-expect-after-their-short-sale-is-completed-and-the-buyer-closes/#comments Fri, 15 May 2009 22:11:20 +0000 Bob Lachance http://preforeclosuredailygrind.com/?p=226

In this week’s Pre-foreclosure “Tip of the Week” PreForeclosureDailyGrind.com’s we (Bob Lachance and Chris Bowes) discuss what sellers can expect after their short sale is completed and the buyer closes, and what type of action the lender can and will take, whether it be through a 1099 or a deficiency judgment.  We also discuss what sellers can do to respond to those actions, as they relive a recent closing of theirs and how it applied to their deal, and almost killed the whole thing!

The big takeaway in this video is the importance of setting these expectations with the sellers in particular as they answer the question, “Will the lender send me a 1099 or sue me for the balance?”  The bottom line is, make sure you answer these questions with each of your clients, as it can either make or break your deal!

Visit www.PreForeclosureDailyGrind.com for more videos or to ask questions visit www.AskBobLachance.com.

]]> http://preforeclosuredailygrind.com/2009/05/what-sellers-can-expect-after-their-short-sale-is-completed-and-the-buyer-closes/feed/ 2 Chase Has Changed the Way They Value Short Sales! http://preforeclosuredailygrind.com/2009/04/chase-has-changed-the-way-they-value-short-sales/ http://preforeclosuredailygrind.com/2009/04/chase-has-changed-the-way-they-value-short-sales/#comments Thu, 23 Apr 2009 05:38:35 +0000 Bob Lachance http://preforeclosuredailygrind.com/?p=203

This week’s PreForeclosure Daily Grind video will give you the inside scoop on how Chase, when they are the 1st mortgage holder, recently changed how they do their valuations. This video will explain why this recent change will allow every short sale specialist the ability to successfully negotiate better deals and steeper discounts when working will Chase.  Chase is not the only Lender who has changed the way they value a property! Listen in as we explain.

Also,  keep up to date with every change with every lender by becoming a www.ManageMyShortSale.com member!

]]> http://preforeclosuredailygrind.com/2009/04/chase-has-changed-the-way-they-value-short-sales/feed/ 0 The Latest Mortgage Servicer to Fail http://preforeclosuredailygrind.com/2009/03/the-latest-mortgage-servicer-to-fail/ http://preforeclosuredailygrind.com/2009/03/the-latest-mortgage-servicer-to-fail/#comments Mon, 23 Mar 2009 05:07:36 +0000 Bob Lachance http://preforeclosuredailygrind.com/?p=150

PreforeclosureDailyGrind.com and ManageMyShortSale.com present their weekly real estate short sale video on the latest changes in the preforeclosure industry. Listen in as Bob Lachance and Chris Bowes talk about the latest mortgage servicer to fail and what that means to short sale investors and also how to extend a Foreclosure Sale Date!

For more videos visit www.PreforeclosureDailyGrind.com and to ask any real estate questions visit www.AskBobLachance.com.

]]> http://preforeclosuredailygrind.com/2009/03/the-latest-mortgage-servicer-to-fail/feed/ 0 Why Buyer’s Agents Are Killing Short Sale Deals http://preforeclosuredailygrind.com/2009/03/why-buyers-agents-are-killing-short-sale-deals/ http://preforeclosuredailygrind.com/2009/03/why-buyers-agents-are-killing-short-sale-deals/#comments Wed, 11 Mar 2009 09:27:59 +0000 Bob Lachance http://preforeclosuredailygrind.com/?p=145

This week’s www.PreForeclosureDailyGrind.com video goes in depth into why Buyer’s agents are killing short sale deals and how to make sure it doesn’t happen to you. Also, we go in depth into the documents that we hand those buyer’s agents in order to set the proper expectations.

You can get those marketing pieces as a www.ManageMyShortSale.com member. If you have any questions visit www.AskBobLachance.com

]]> http://preforeclosuredailygrind.com/2009/03/why-buyers-agents-are-killing-short-sale-deals/feed/ 2 Latest Updates from Fannie Mae http://preforeclosuredailygrind.com/2009/03/latest-updates-from-fannie-mae/ http://preforeclosuredailygrind.com/2009/03/latest-updates-from-fannie-mae/#comments Fri, 06 Mar 2009 09:16:32 +0000 Bob Lachance http://preforeclosuredailygrind.com/?p=135

This short sale video is about the latest update from Fannie Mae. This update is extremely important to real estate agents and investors alike. It goes over the latest tip on finding how to out who the “investor” on a loan is, how much commission they will pay and much more.

Visit www.PreforeclosureDailyGrind.com for weekly videos on the preforeclosure business and if you want to ask questions go to www.AskBobLachance.com

]]> http://preforeclosuredailygrind.com/2009/03/latest-updates-from-fannie-mae/feed/ 0 Live Short Sale Call – How to get an authorization on file http://preforeclosuredailygrind.com/2009/02/live-short-sale-call-how-to-get-an-authorization-on-file/ http://preforeclosuredailygrind.com/2009/02/live-short-sale-call-how-to-get-an-authorization-on-file/#comments Thu, 05 Feb 2009 03:26:10 +0000 Bob Lachance http://preforeclosuredailygrind.com/?p=98

In this video Bob Lachance and Chris Bowes from North Shore Enterprises, do a live call with HFC Beneficial on how to get your authorization to release information on file with the correct department. This is an extremely important step when you are dealing with a foreclosing lender. Mastering this initial phase in the short sale process will save hours of time and frustration. This video will show what questions to ask customer service reps or loss mitigation reps and what notes to take to help save a boat load of time. Visit www.AskBobLachance.com to ask me any questions you may have about the preforeclosure business.

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