How can you help people or sellers of homes facing foreclosure?
In this short video, Lou will show an effective tool he’s been using to make sellers understand that you are willing to help them. It’s called the “Seller Presentation Kit”
Watch this video now and learn!
For more valuable information click on this link to watch the complete episode: https://youtu.be/k0QEygGROKY – “Why It Doesn’t Matter If Real Estate Booms Or Not”
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* Money Making Secret #1: Getting Motivated Sellers to Call You! No more calling unmotivated sellers and getting rejected more times than a geek for the high school prom!
I’ll show you how for over 28 years, I’ve been able to get deals brought to me and motivated sellers hunting me down to give me their house.
* Money Making Secret #2: The Art of Structuring Deals! I’ve been doing this for 40 years and I love to share how I get sellers to give me the house, a check, and even a jet ski or two.
* Money Making Secret #3: Negotiating Secrets Revealed! I love to negotiate, just ask Matt, one of my hand-picked coaches. We recently went to an estate sale and he witnessed me structuring a deal to buy the house and contents right there on the spot.
* Money Making Secret #4: Trusts Simplified! A little confused on this entire Trust thing? Why to do it? How to do “Subject-To” safely? I’m going to show you my new fundamentals of Trusts training that will simplify the concept of Trusts, so a 9-year-old child can understand it.
* Money Making Secret #5: Develop a Plan for Success in Real Estate. The wealthiest man ever to walk the earth left clues for us on how he amassed his great wealth and kept it.
How to Help People While Helping Yourself – Become a Certified Affordable Housing Provider™
Create Your 10 Million Dollar Retirement Plan – specific formula revealed
Learn Hidden Profits Available in ANY Deal – worth thousand$
How to Take Over the Seller’s Loan with NO Money
How to Have the Seller PAY YOU to Buy Their Home – no kidding!
Buying Without Bank Loans – over forty years and never one bank loan!!
Easy Ways to LEGALLY Raise Big Money for Your Deals
Renovations – Quick Ways to Safely Make Huge Cash Now
Money-Making Management Secrets from a 40 year veteran who manages over 150 now
Accelerating Your Cash Flow – Add built-in “Profit Centers” – extra hundred$ per month
Case Studies: Secrets of How They Were Found, Negotiated and Sold
How to Protect Your Deal from Someone Else Stealing it
Legally Pay ZERO Taxes on Your Real Estate Portfolio – simple structure worth thousands
Having Tenants Leave Your Property in Better Condition than When You Gave It to Them
Why Land and Personal Property Trusts are the Best Privacy and Asset Protection
Benefits of Trusts You Cannot Get With ANY Other Entity
The Due-on-Sale Clause – What it is and How to Avoid it Legally
And MUCH More
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Listen to our Podcast:
https://streetsmart.mypodcastworld.com/11107/using-subject-to-approach-in-pre-foreclosure
Scott Paton:
The first one is from Brian. Should we approach a seller in pre-foreclosure with subject to, then sell the property after closing?
Lou Brown:
So if the, if a seller is in pre-foreclosure, one thing is real. They have the deed to the property, they can still control that deed. They can still do anything they want to with that deed until they either are foreclosed out of the property or sell the property. So, absolutely the, and the best way that we do that, Brian is to make a presentation to the seller, go through who you are, what you do, how you operate. That one thing we use Brian is this amazing thing called a Presentation Kit. So, this presentation kit is designed to tell a story. And what I’ve found is that sellers need to understand who you are and what you do and how you operate and how you can help and how you’re different than everybody else. And start to educate them on what’s called the cost to sell and the types of offers that you can make and people that you’ve helped in the past to solve their problems and how you can help this seller to solve their problem.
So, Brian, creating a foundation of your conversation is a key piece to first offering that idea of taking over the seller’s loan, because that seller has a loan, it is in their name and there is the opportunity to take over those payments. Now what’s in it for the seller? Well, if they’re in pre-foreclosure, that means they’re not making payments. Now, what could happen is you come along and reinstate that loan. You make those back payments, and then you start making payments on time. Well, what does that do for the seller? That helps the seller. Doesn’t it? It helps the seller to restore their credit. It helps the seller to get back on their feet. If they were in uncharted territory and negative territory, so to speak it with their income and finances. Now you have given them a leg up and a helping hand to be able to get stabilized again. So, what you bring to the table is true value for that seller and Brian, I’m going to say that it’s very important that you present that in the right way and that when you agree to take over their payments, do you absolutely positively for sure and for certain, make sure that you make those payments. If you agree to, if you agreed to make those payments by golly, you got to make sure that you make those payments. And what does that do for the seller? It helps them. It does not hurt them.
