The first mistake investors make when approaching a short sale is so prevalent that it deserves its own separate article.
What is this mistaken belief?
Bogus Belief #1: Short sales are quick and easy.
This belief is bogus because banks have a tedious process they have to go through in order to agree to a short sale. They also have to explain the huge loss on the deal to their shareholders Cheap Jae Crowder Shirt , and they have a lot less interest in seeing the deal move quickly than either you or your seller. Short sales thus take an unusually long period of time to complete.
To avoid making the mistake of believing that short sales are quick and easy, you need to understand the process and plan your timetable accordingly.
Once you have the property under contract and go to the lender to negotiate a short payoff, a number of things have to happen. First, the lender will order an appraisal or Broker's Price Opinion (BPO). The BPO is an informal appraisal done by a local real estate agent to give the lender some idea of what the actual value of the property is right now.
The lender will also ask for a hardship letter from the seller in addition to financial information (bank statements Cheap Donovan Mitchell Shirt , tax returns and more) to prove to them that the seller really can't pay. This step alone can take four to six weeks, and only after this step is completed will the lender start the process of negotiating with you.
Every offer and counteroffer has to be ground through the gears of the lender's particular approval process. This means that every time you want to counter price or terms you can expect to wait a much longer period of time than if you were dealing only with a seller to get an answer.
And the secret reason short sales take an unusually long period of time to complete: loss mitigation officers are notorious for not returning calls or waiting for YOU to call THEM, even when they have the information you've been waiting for.
So even though you might only spend 10 hours of actual time on the deal, it can easily be two to three months before you're able to get an acceptance of a deal with the bank. That's why you should never put a firm closing date into a purchase contract where you're going to be negotiating a short sale. Instead Cheap Derrick Favors Shirt , write that you will close "30 days after acceptance of purchase price by lender." Otherwise, your contract will expire a long time before the deal is finished. Thank You Pages - Don't Skip or Skimp Marketing Articles | February 1, 2010 The main reason people were not putting any effort into their thank you pages was because they didn't want to take the time to create one.? You may be wondering what is the big deal? Good grief, it's only a page. But it's a very important page and I'll tell you why. ? I recently read an article on Aweber's blog Cheap Tony Bradley Shirt , the post topic being thank you pages, and the author commented on how shocked he was that a "frightening number" of people don't take advantage of customized thank you pages and just use the default placeholder page provided by Aweber.
I was a little surprised to read why... It was not that people didn't know about the thank you page or how to create one - No. The main reason people were not putting any effort into their thank you pages was because they didn't want to take the time to create one.
Just to clarify, and it may be a little confusing because the "thank you" page may mean different things to different people depending on which autoresponder service you use, but the thank you page I am referring to is the page that a subscriber is taken to right after pressing the "Submit" button. For example Cheap Dante Exum Shirt , if you were to sign up for my free forms on virtualassistantforms, once you clicked on the submit button, you'd be taken to this thank you page.
When signing up for free reports, tip sheets Cheap Alec Burks Shirt , or teleseminars that use an autoresponder, you will most likely be taken to a page that says something like "thanks for subscribing, check your inbox." Other times you may be redirected back to the home page. Or you may even be treated to Aweber's ho-hom default page (I kid because I love :). You may be wondering what is the big deal? Good grief, it's only a page. But it's a very important page and I'll tell you why.
Whatever you are selling or giving away Cheap Jonas Jerebko Shirt , the goal of the traffic flow ? the process taken by the subscriber during sign-up and confirmation - is to be an impressive, effortless, and dynamic experience - not a boring, confusing Cheap Ricky Rubio Shirt , or worse, ineffective one!
The thank you page plays a big role because the primary purpose of this page is to instruct the subscriber what to do next. If the person doesn't know what to do immediately after signing up, he or she may lose interest, and you may be losing out on a sale or a client. Think about it Cheap Joe Ingles Shirt , if the person does not confirm their email, the e-mail address will never be added to your list. And in the case of Aweber's program, the address will ultimately drop off the list after a number of days.
You don't have to spend a lot of time and money putting together an effective page. As you saw from my example above, it's a basic page that I can re-use for most other lists but with a couple of changes: I remind the person what they signed up for (forms) and what they need to do next (confirm the e-mail by clicking on the link).
Feel like getting creative? Here are just a few ideas of what you can do to jazz up your thank you page:
Incorporate screen shots that depict exactly what the incoming email will look like or what the person needs to click on
Add audio (check out Aweber's thank you page?for an example)
Add video! (Scared about doing videos but really want to learn? Check out Carrie Wilkerson's and Perry Lawrence's Video Magnetism series)