FREE Short Sale Workshop with Bob Massey for Agents & Investors – Oct 22, 2011

Short Sale Expert, Bob Massey is back at Atlanta REIA teaching a FREE workshop for Atlanta REIA Members on Saturday, October 22nd from 9AM to 1PM at 1960 Skylar Hill Dr, Suite D in Buford, Georgia. This will be a two part workshop. The first will be on the foreclosure process in GA, the law and how it affects the agent, the seller and the investor. Bob will cover:

• Foreclosure process in Georgia
• Loan modification
• Deeds In Lieu of Foreclosure
• Tax implications of forgiven deficiency
• Deficiency and foreclosure
• Future Credit Implications of foreclosure, bankruptcy, DIL, Short Sale with FHA, Fannie, Freddie and USDA
• Bankruptcy
• Relationship between seller and bank
• Agent’s responsibility to the seller
• Agent’s responsibility to the bank
• The bank’s process to evaluate an offer
• Making offers on Short Sales
• How to support your offer to get it accepted
• BPO process
• Is it a breach of fiduciary responsibility for agent to negotiate short sale for seller?

The second half of the workshop will be to discuss real estate agents and their role with investors. This will NOT be the same presentation that Bob did at the September 2011 main meeting nor the Short Sale Webcast he did with us on October 6th. This is going to be all new material in a workshop environment where your will get tons of education about how to work with agents during the entire short sale process, from start to close. Bob will cover:

• Why a RE Agent should want to deal with an investor
• How to explain the legalities of a flip transaction
• Making it a win/win for the agent and broker
• How to decide what deals to pursue
• The role of the BPO and how to handle it
• What impact does the “robo signing” have
• What about mortgage fraud perpetrated by the mortgage companies
• Who actually owns the lien on the property
• Can back to back transactions still be done
• How to have most of the work done for you
• Get checks of $20k to over $100k

PLEASE NOTE: This FREE Workshop will fill up fast since it is limited to the first 30 people who RSVP. Register now to reserve your seat!