Seven Steps to Mastering Foreclosures: What's New
The Key Differences from My Prior Courses
Two years have gone by and it was time to completely
redo my Mastering home study.
So much has changed in the markets and the foreclosure business that I had to make
sure my clients had the most current and detailed information available, so they
can do more deals in this rapidly changing market now.
Since my new Seven Step course release I have gotten
a lot of emails from clients asking me how "different" it is from my 2006
audio (and outline updated in 2007) version. Well, the short answer is -- ALOT --
as it is ALL NEW and I've added a TON of NEW content that was not in my prior course(s).
Here is the long answer with breakdown of what I did
and why I did it.
1) Past buying and selling techniques were for a HOT
market.
a) We were in a hard to buy market and had fewer buying
options; therefore we had to pay more to get a deal.
b) The easy part was selling.
c) We focused on exclusively buying pre-foreclosures
with equity, as having an exclusive deal with a motivated seller was our best buying
option for a hot market.
2) Current buying and selling techniques are for a
SOFT market.
a) We are now in an easy to buy market and have many
more options to find deals.
b) I've expanded my content to now include more details
on how to buy at trustee sale auction, from banks Real Estate Owned (REO) and their
agents; as well as short sales (although they are still my least favorite) -- as
all these systems are now a big part of our business in 2009 and beyond.
c) Since it is now harder to sell, we have to build in
more costs to cover those added expenses. I've updated my buying formula to reflect
all our additional holding and selling expenses, which lowers our offer prices to
lock in our 15% profit on the resale.
d) NEW "Seventh Step" with details on
how to SELL a property in a soft market, how to hold rental property and how to
do lease options when selling -- all critical information for you to reduce your
hold time and sell your houses FAST.
3) REO's are BIG -- Totally Updated My REO Key Contacts
Directory.
a) In 2006 buying bank owned REO inventory at a 30% discount
was non-existent.
b) Now in 2009 REO's are a big part of our buying business.
That is why we updated my REO Key Contacts Directory to get you their websites,
phone numbers and contact information you need to succeed in the REO market.
c) My current REO Key Contacts Directory is only available
for purchase with my new home study and not sold separately.
4) Updated My Purchase and Resale Contracts.
a) In 2006 we had the Home Equity and Notice of Cancellation
Agreement and one Standard Purchase Agreement.
b) I've updated my Home Equity and Notice of Cancellation
agreements; and for those states that do not have a Cancellation provision, I've
added a new Short Form Purchase Agreement and a new Long Form Purchase Agreement
for your use.
5) A MUCH BIGGER PROGRAM OVERALL.
a) In 2006 we had 7 Audio CDs and no MP3 format.
b) My bigger Seven Step program is now 8 Audio CDs. Plus
we've made MP3 files for the entire audio for easy listening on your Ipod! (Do make
sure you get a FM Transmitter to listen to your Ipod while in your car. It's so
cool!)
c) With all my added content my new digital outline is
now 100% bigger than my 2006 version.
d) NEW Bonus DVD of
Alexis with
my
Coaches and more
Successful Clients
in Kauai Hawaii during our Lab Reunion. This is a totally inspiring video you won't
want to miss!
I know you will love this program as much as I did making it. Can't wait for you to hear
my best home study to date and get back to me with your comments. Here is to making
2009 your best year ever! See you at the top!
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Regularly $695
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2008 Seven Steps to Mastering Foreclosures Full Details HERE.