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Case Study XI "Family Emergency Causes Foreclosure" This retired gentleman, whose daughter lived with him and took care of his business, had found himself in dire straights. With his daughter in rehab for six months, things had really gotten out of hand. They had already worked with the lenders loss mitigation department and worked out a plan to make up payment that were in arrears. In reality, he couldn’t afford to make one house payment let alone two. The foreclosure sale was only four days away. I gave him money for moving expenses and he signed his house over to me subject to the existing mortgage. I made up the back payments to stop the foreclosure. Want to have people call you with deals like this? Buy this case study and you get everything you need to make it happen.
You
also get: A description of the techniques I used to find
the prospect and get them to call.
What
to say on the call to qualify the prospect What
to say in the interview to negotiate the deal The
unique real estate sales contract used for buying property subject
to a mortgage. The
property analysis worksheet Pictures
and financial data showing how Ross came out on the deal.
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