I would like to know what short sales are, how to do them, where I can learn more about it and all that juicy info that I need to know about it. I also need to know if this is the right place for a new Real estate investor to start if I have no money on to start this. If not I would also appreciate that info
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Short sales – when the seller owes more on the mortgage than the market is willing to pay. Sounds like you are looking to invest in property. The first person you need to speak with is a mortgage rep. If you have no money, the mortgage rep will help you decide based on your credit, income and such what type of mortgage you will be able to acquire. This will determine what types of properties you will be looking at and if a short sale property is right for you. Feel free to contact me to make that determination.