Making Money with Shortsales

REO’s have been in the news a lot lately.  Everyone is wanting to find a great deal which leads them to one or two options for most.  Either they try to buy at the auction, or they try to buy a REO.  What most don’t know is that banks are starting to do a lot more with shortsales.  The trick is you have to wait it out.  There are no quick answers with shorts.   Here’s the strategy I recommend.  Make offers on all three.  What will happen is this; you get some deals at aution, you get some more from REO’s and then you forget about that short-sale and low and behold your offer gets accepted.  It’s just another tool in the shed but if you don’t use it, it’ll be rusty….Be a deal magnet!  Let everyone know your in the business of making deals whether REO, Truste