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

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.

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!