On this week’s Preforeclosure Daily Grind “Tip of the Week” we uncover what you need to know about VA (Veteran Administration) insured short sales so your deal moves along smoothly and what their discount ratios are in today’s market. Listen in as we cover this topic and also, how we got a Bank of America short sale acceptance letter rewritten in record time so we can beat the expiring tax credit, what “buttons” to use to get a short sale extended, the amount of time it takes for a VA appraisals to expire, whether or not VA gives extensions to their short sale approval letters, whether or not VA and FHA insured loans are on the Equator System when negotiating a Bank of America loan and more.

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This week’s PreForeclosureDailyGrind.com video is a live short sale video that will show you how to save an FHA insured loan from going to Foreclosure Sale.

This video will give you the tips on how to make sure this doesn’t happen to you when you have a ready, willing and able buyer!  Listen in as we go over why and how we lost a property to Foreclosure Sale and what we could have done to prevent it! For more videos visit www.PreForeclosureDailyGrind.com and to ask real estate questions visit www.AskBobLachance.com

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