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
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/