Teleseminar to Teach Foreclosure Investors How to Conduct Back-to-Back Closings When Negotiating Short Sales

Released on: May 9, 2008, 1:03 pm

Press Release Author: SaveMeFromForeclosure.com, LLC

Industry: Real Estate

Press Release Summary: SaveMeFromForeclosure.biz unveiled their next teleseminar
that provide training on how to fund and close short sales. The teleseminar will
teach participants how to legally conduct back-to-back closings once a short sale
has been negotiated.

Press Release Body: Today SaveMeFromForeclosure.biz unveiled their next teleseminar
in their training series to educate real estate investors about investing in
foreclosures. The next training will take place on Thursday, May 14th at 5pm PST |
6pm MST | 7pm CST | 8pm EST and will provide training on how to fund and close short
sales.

The teleseminar will teach participants how to legally conduct back-to-back closings
once a short sale has been negotiated. A back-to-back closing or "double closing"
is when an investor has a short sale in process and has secured an end buyer who
will be obtaining his or her own funding and will fund (i.e. buy the home) after a
short sale has been approved but before the foreclosure auction date.

Justin Lee, owner of SaveMeFromForeclosure.biz and the teleseminar moderator said,
"a lot of confusion exists among foreclosure investors regarding how to conduct a
back-to-back closing when negotiating a short sale as well as navigating the issues
around the seasoning of a loan if an investor indeed closes on a short sale. This
teleseminar will give investors a step-by-step guide on how to fund and close short
sale deals."

The teleseminar will provide investors with information on what is needed to conduct
a double closing including:
. What documents to have a seller sign to legally close a back-to-back transaction
. What documents to have signed and recorded at the investor's local county courthouse
. How to easily and quickly procure funding for short sale transactions

The call will feature, Marc Karyo and Robert Mittleman, of Old School Title Company
and Ryan Moore of Coastal Funding. Mr. Karyo is the President of Old School Title
Company and has been the driving force behind the widely successful market
penetration of Old School Title Company's BLAST© transaction. Mr. Karyo holds a MBA
in international transactions and lectures regularly throughout the U.S. to
investors, realtors, and mortgage professionals.

Mr. Mittleman is the Director of Education at Old School Title Company and runs its
short sale negotiation division. Together with Mr. Karyo he educates investors
throughout the country on the Pre Foreclosure business as well as Old School Title
Company's BLAST© program, giving investors an easy blueprint toward double closing
success. A third generation home builder, he received his Ohio Real Estate license
in 1971 and has been actively involved in all aspects of the industry for the past
37 years. Bob's extensive real estate and mortgage background bring a depth and
wealth of knowledge rarely found anywhere else.

Mr. Moore, president of Coastal Funding, has been investing in real estate since
1999. He first began his real estate investing career rehabbing and flipping
properties. After four years of investing in real estate, Mr. Moore began a land
development company, Moore Construction, building new construction homes. In 2006,
he started a foreclosure company, Home Solutions, LLC, to help homeowners facing
foreclosure. During this time, he saw the need for providing funding for investors
in back-to-back closings and started Coastal Funding.


"We are pleased to provide this training to the SaveMeFromForeclosure.biz community.
As foreclosures hit an all time high and more and more preforeclosure investors are
working with homeowners and banks using short sales as a solution to stopping
foreclosure, it is becoming incredibly important for preforeclosure investors to be
able to conduct back-to-back closings to pair buyers with homeowners and banks
desperate to stop these foreclosures," said Mr. Mittleman with Old School Title
Company.

Mr. Moore with Coastal Funding, LLC continued, "The big stumbling block facing
investors is getting deals closed due to seasoning and navigating double closings.
On this call we will be providing a step-by-step guide and tools to help investors
close their short sale deals."

To register for the teleseminar visit:
http://savemefromforeclosure.biz/closingshortsales/. Once a preforeclosure investor
registers, downloadable forms will be available for the preforeclosure investor to
use in his or her business as well as a study guide to be utilized during the call.


SaveMeFromForeclosure.biz is the premier preforeclosure investing marketing system.
SaveMeFromForeclosure.biz shows entrepreneurs how to successfully market to and buy
preforeclosure properties. The nationally ranked website,
www.SaveMeFromForeclosure.com, is seamlessly integrated into participating
preforeclosure investors\' businesses. Members benefit from exclusive use of the
brand, www.SaveMeFromForeclosure.com, in their marketing and foreclosure investing
business. They also receive exclusive access to all web leads from the site in
their own protected territory. Additional benefits include an outsourced loss
mitigation program and outsourced short sale service, combined with access to a
member site containing a library of proven marketing materials: postcards, letters,
print ads and free reports - making this system the most complete preforeclosure
investing service offering in the industry.

Web Site: http://savemefromforeclosure.biz/closingshortsales/

Contact Details: For additional information, Contact:
Penny Fletcher
SaveMeFromForeclosure.biz
Ph: 360-306-5933
E-Mail: penny@SaveMeFromForeclosure.com
http://www.savemefromforeclosure.biz/

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •