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The current major problem in the real estate market is the large percentage of houses that are worth less than their sum of  their mortgages. This creates marketplace gridlock and makes it difficult to sell the properties. The difficulty arises because of the unknown short payoff amount the lender will accept. This deters Realtors from listing the properties, and buyers from making offers on them. The solution is the growing number of Investors who are driving the real estate market by utilizing transactional funding to obtain short sale approvals, and then marketing, wholesaling or selling the property at a premium to a third party.

Lets examine two deals that we obtained approvals for this week:

The first home is located in the South and has a market value of $125,000.00 the mortgage balance was $135,000.00 The home was in need of some repairs. In two weeks we obtained an approval for our customer to buy the home for $25,000.00 the mortgage payoff is $16,500.00. The customer will make standard improvements and have the ability to retail the property at $100,000.00 with a gross profit of around $50,000.00 the investor can also just sell the property with the estimate as is and make a spread of around $25,000.00. That is a great example of how private enterprise can solve the current residential real estate grid lock.

The second example is a home in the Northeast. The home is worth approximately $275,000.00 it needs little improvement. The mortgage payoff is $350,000.00. We negotiated a purchase at $199,000.00 with a payoff of $167,000.00. The investor will realize a short swing profit of  approximately $35,000.00.


These transactions and profits were made with no money down! Their has never been a better time to be in real estate investing. Money is flowing and you must get to the spot you can take advantage of it. Join our team and we will help you make spectacular profits. Call: 267-205-6101 or log on at www.shortsalesclose.com and leave an e-mail.