Free Membership in Loss Mitigation Network

 

The Loss Mitigation Network free membership program is designed to eliminate the most problematic aspects of closing residential short sales.  These difficult transactions have traditionally had a very low rate of success and take an inordinate amount of time to close. In addition to the specialized skills required to negotiate with banks and third parties, lawsuits against real estate professionals are becoming commonplace when issues related to deficiency arise. 

Our membership provides the resources, education and tools that enable real estate professionals to become adept at closing short sales. In addition to no-cost attorney negotiation, our members receive ongoing support and education from our expert training staff and all of the forms, documents and marketing materials necessary to become an expert in this exciting and profitable real estate niche.
 

PROVEN RESULTS: LMN's head attorney Laura Packer has been practicing real estate law for over 30 years. As the founding attorney and President of San Diego based O'Connor, Packer & Dunivan, she has handled nearly every facet of real estate law including contracts, commercial leases, residential development, lending, and of course, short sale negotiations. In addition, she is a co-owner of a CA licensed lender and holds an LLM in Taxation- a distinction that allows her to more effectively advise homeowners on both legal AND tax consequences related to a short sale.

NO COST TO YOUR CLIENT: Your clients will be represented by an attorney at absolutely no cost to them. 

 

CLOSE SHORT SALES FAST: Most short sales close in 90 days or less from the date a complete package is submitted to the lender.

 

SAVE TIME: Let an experienced real estate attorney take over the most difficult part of closing a short sale.  Save countless hours negotiating with the lenders and all the third parties, waiting on hold, sending faxes and emails, and talking to negotiators. That’s time far better spent doing what you do best- selling real estate!

 

LEGAL PROTECTION FOR YOU & YOUR CLIENTS: Agents and brokers are becoming the new scapegoat for “short sales gone bad.” Short sale settlements are legally binding agreements written by attorneys. The last thing you want to do is advise your client on contract terms or deficiency issues. Your clients need protection and assurance they are receiving the best terms possible. Give yourself and your clients an extra layer of legal protection without the expense of hiring an attorney.

 

COMPLETE TRANSPARENCY: You and your clients can monitor the progress of the file with secure, 24-hr online access. 

 

 

HOW TO MARKET FOR LISTINGS: Learn who your best prospects are, what to say them, and how to say it. Build a team of strategic partners who promote you as a short sale expert and refer their clients.

 

THE “SHORT SALE” CONSULTATION: How to educate and pre-qualify sellers by giving an effective short sale consultation. Build trust and make sure the homeowner is committed so you don’t waste time on a deal that won’t close.

 

HOW TO GIVE A “SHORT SALE” LISTING PRESENTATION: Manage expectations from day one and learn how to take control of the seller and the process. A short sale listing presentation is nothing like a normal listing presentation. Learn what to say and more importantly, what not to say.

 

UNDERSTANDING DEFICIENCIES: Deficiencies are probably the most important aspect of closing short sales, and often the least understood. How you educate your clients on deficiencies is often the determining factor in whether or not you get the listing. 

 

MANAGING OFFERS & OTHER AGENTS: The highest offer isn’t always the one you should submit. Learn how to pre-qualify buyers and brokers to make sure you have only one escrow.

 

SUBMITTING FILES: The process of submitting the application, completing the short sale package and how to track the file progress online.

 

We cover the most important and relevant aspects of the dynamic short sale market through all forms of media. You’ll have interactive dialogue with our capable staff to make sure all of your questions are answered through interactive webinars, blogs email and more.

 

Plus, you’ll be tapped into regular training emails, webinars and more to make sure you’re always updated and informed on the latest procedures, processes, trends and techniques on bank, servicer, and lender guidelines, legal matters, sales and marketing strategies and so much more. Remember, membership with LMN is FREE, so join today!

 Become a Member