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Shark Bait is a complex analytical foreclosure database system, designed as a simple, easy to follow step-by-step program (the same steps used by professional investors). Simply import data from your foreclosure list provider or enter it manually from any printed source. Then set your investment parameters and let Shark Bait go to work.
Shark Bait will quickly determine probable market values, total the available loans and liens and give you a DTV (debt to value) ratio. Find properties that meet your investment criteria, analyze all physical property details, including location, investment and debt factors.
Evaluate hundreds of properties in minutes (work that would ordinarily take days). Once you have decided which properties you're interested in, you will then proceed through the evaluation and buying process. Using the Check List Task Master, you will have completed all of the necessary steps in evaluating a candidate foreclosure property. You will progress through the evaluation of hundreds of properties, tracking each one as you complete your due-diligence.
You'll gather all loan/lien information (as available), manage mass mailings, paste your photographs of each property, perform a detailed repair analysis, generate reports for virtually every purpose, set and calendar deadlines, maintain a record of all contacts, and even structure your bid price - factoring all costs and expenses for your highest return on your investment! |
