Mooresville, NC (PressExposure) August 05, 2009 -- Get Real, The Real Estate Investing Show for the Rest of Us, recently released a free video for real estate investors explaining the reasons that banks are willing to perform short sales on pre-foreclosure properties. A short sale is an action taken prior to the bank taking back a property by negotiating a discount on the existing loan amount.
Defaulted home loans have gone through the roof in the last two years. Because of this increase banks had to turn to more creative ways to dispose of properties. The news is filled with information about loan modification programs and government bailouts but some of the most basic forms of property disposition are still the mortgage companies favorites including short sales.
This video is the first in a series of free videos showing current and would be real estate investors the details involved in short sales a very popular solution for a distressed homeowner. Short sales can be beneficial for the home owner and investor alike.
In the remainder of this real estate investing video series there will be segments showing the basics of short sales including; negotiating deals with the bank, how to market for leads, short sale vs loan modification, and profits for realtors in short sales.
For more information and to subscribe to this video series for free visit http://www.getrealrei.com
Get Real is a top iTunes business podcast that can be heard at http://www.getrealrei.com , through a news reader at http://feeds.feedburner.com/GetrealREI or by searching for âget real real estate investingâ through iTunes. Get Real provides a down-to-earth, real world view of real estate investing for current and future real estate entrepreneurs.