http://blownmortgage.com/2007/10/23/john-woodall-short-sale-interview/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Mon, 09 Nov 2009 22:42:54 -0700 http://wordpress.org/?v=2.8.3 hourly 1 http://blownmortgage.com/2007/10/23/john-woodall-short-sale-interview/comment-page-1/#comment-6255 Citi Home Equity Discontinues California Purchase Money 2nd Mortgages Wed, 31 Oct 2007 20:28:29 +0000 http://blownmortgage.com/2007/10/23/john-woodall-short-sale-interview/#comment-6255 [...] we talked about with John Woodall, short sale expert, a 2nd position lien on purchase money is a non-recourse loan.  This means that banks like Citi [...] [...] we talked about with John Woodall, short sale expert, a 2nd position lien on purchase money is a non-recourse loan.  This means that banks like Citi [...]

]]> http://blownmortgage.com/2007/10/23/john-woodall-short-sale-interview/comment-page-1/#comment-5867 Guy Tue, 23 Oct 2007 21:27:56 +0000 http://blownmortgage.com/2007/10/23/john-woodall-short-sale-interview/#comment-5867 I ran across an interesting book in our local library that may be of help also. It's called "The Survival Guide to Foreclosure" by Clyde Goulet and is available at Amazon. What was interesting was that the author lost his 2 homes through foreclosures and he was a CPA "who should have known better", but had a medical emergency. His advice is pretty straight forward, but what is really of note is how he recommends doing a FSBO instead of a short sale and how to get the price up by controlling the buyers to all come at the same time to create an auction atmosphere. Not that it's a cure-all, but it's worth a read. By the way, now he is promoting his Real Estate investment mentoring program! When will it ever end? I ran across an interesting book in our local library that may be of help also. It’s called “The Survival Guide to Foreclosure” by Clyde Goulet and is available at Amazon. What was interesting was that the author lost his 2 homes through foreclosures and he was a CPA “who should have known better”, but had a medical emergency. His advice is pretty straight forward, but what is really of note is how he recommends doing a FSBO instead of a short sale and how to get the price up by controlling the buyers to all come at the same time to create an auction atmosphere. Not that it’s a cure-all, but it’s worth a read. By the way, now he is promoting his Real Estate investment mentoring program! When will it ever end?

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