Using the Right Words Will Make You Money

This is a tip that a lot of people miss and it ends up costing them money.

It is very important that when you are out there talking to people, that you know how to talk to them and that you know the right terminology.

There are two major players in a short sale transaction:

First is a family with a house in the midst of a foreclosure.  They haven’t been able to keep up their payments for a variety of reasons.  They need your help, but sometimes just don’t know you are an option.

The other player is the bank.  They really don’t want to foreclose on a family but, they have a business to run and they need money to cover that mortgage they are holding.  You could be just what they need.

So it is important that you understand the language they speak and the terminology they use, so you can easily have a conversation with both the family and the bank.

And I can tell you, they do speak different languages.

To get you off on the right foot, I’ve put together a list of the most common and most important terms and phrases used in short sale investing.

I’ve put them in a down loadable file for you.

They’re free.

Just go pick them up at ShortSaleTerms.com.  That’s a little website I set up just for my readers and students.

There won’t be anything to buy there.  It’s just a place where you can easily get your hands on these terms and definitions.

Just study the terms and get used to using them.

They will make life incredibly easy for you as you grow your short sale business.