Coach Pat Blog's | Recent News
What to say when a seller wants to counter your initial offer on a short sale.
QUESTION: What do I do if the seller wants to counter my offer? COACH PAT’S ANSWER: I am not interested in negotiating with the seller when thebank is going to counter whatever offer I make. If I offer $685K… thebank will … Continue reading
Can you provide funding for deals?
QUESTION? Go into more detail about how your POF letter comes from your title company, not the transactional lender. I’ve never heard of that, but would like to get more familiar. FYI, mystate of NC closes with attorneys, not title … Continue reading
Can a short sale be done if the seller is not behind on payments?
QUESTION: Can a short sale be done if the seller is not behind on payments? Coach Pat’s ANSWER: If the sellers are not behind, it is not in short sale status and the bank will not consider a short … Continue reading
Why should I become a Coach Pat JV Partner?
Question: I started out doing short sales with a negotiating company, who was recommended, and I paid 3k up front for their services, and an additional 3% per successful deal. I submitted them about 30 deals, of which NONE closed. … Continue reading