Prominence Capital Advisors LLC Your Ultimate Source for Trustee Sales

Slides:



Advertisements
Similar presentations
Florida Real Estate Principles, Practices & Law 38th Edition
Advertisements

What can you expect during the foreclosure process? Jeff Spindler & Omar Ruiz Pre-foreclosure Specialists Jeff Spindler & Omar Ruiz Pre-foreclosure Specialists.
The Secret The Real Money in Real Estate is Made ! ON THE FRONT END! Buy it Right, below the Actual Current Retail Market Value. Then Decide if you want.
In this chapter: Components of effective short-sale package Why short sales fail 4. The Short-Sale Package 4-1.
Understanding Default and Foreclosure WHPE. Goals of this Chapter To provide: General background on default and foreclosure. Outcomes of default (short.
Why Title Insurance Presented by David Welte, Midwest Title.
Protecting the Property Manager at Foreclosure: What You Need to Know Presented by Abby Lee August 20, 2014.
My Average Return? Window of Opportunity Trustee Sales What Are We Buying? The Process Reasons to Invest Return On Your Investment Real Estate Broker.
Capital Mortgage Partners BIBLE Capital Mortgage Partners BIBLE BY: JACK GETTER III.
Texas Real Estate Contracts 4 th Edition © 2015 OnCourse Learning.
Short Sale Negotiations Done For You “Your Partner in Success” Presented By: Your Name Here Your Picture Here.
Structures for Investors Presented by: Kerrie-Anne Bailey KAS Tax & Business Solutions Phone: (07) April.
Pam Mills (Kit Carson), Jim Covington (Lincoln), Deb Cooper (Washington), Dee Ann Stults (Yuma) Pam Mills (Kit Carson), Jim Covington (Lincoln), Deb Cooper.
20 2. The Business of Foreclosure In this module: Mortgage theory Types of foreclosure Professionals involved in foreclosure.
In this chapter: When all alternatives are exhausted: foreclosure A closer look at foreclosure sales When the property fails to sell at the foreclosure.
In this chapter: When all alternatives are exhausted: foreclosure Forced sale of property Redemption When the property fails to sell at foreclosure sale:
Colorado County Treasurers’ Tax Lien Sale - Notice to delinquent owner ( ) No later that September 1st Allow at least 15 days from the notice day.
In this module: Judicial foreclosure vs. nonjudicial foreclosure Buyer counseling on REOs 3. Foreclosures 3-1.
OpportunitySecurity High Yield. MAIN STREET INVESTMENT GROUP Bringing New Life to Your Financial Future.
“TIME IS OF THE ESSENCE!” I have a unique situation that offers the opportunity for your clients to receive a very large return on their investment! “TIME.
 Does not take effect until April 5, 2010  1 st Lien Non-GSE Mortgages  Utilizes borrower’s financial information through HAMP  Financial incentives.
Mortgage Restructuring System.  The M Group, Inc.  We offer a no credit score MORTGAGE RESTRUCTURING SYSTEM  $5 billion PRIVATE FUND allocated for.
Mortgage Restructuring System.  The M Group, Inc.  We offer a no credit score MORTGAGE RESTRUCTURING SYSTEM  $5 billion in PRIVATE FUNDS allocated.
Goals/Struggles 2014 Home Cash Guys, Inc.. Goals: Initial contact with owner and Acquisition/Initial Agreement. Lower costs for advertising (Currently.
1 Short Sale Basics Realtors Edition We save homes one at a time. ”
Investor Presentation 1. How do NPNs (non-performing notes) differ from REO opportunities ? “Distressed Notes Are The Mainstream In Todays R.E. Marketplace”
. AUCTION HOME SOLUTIONS Search Engine, Agent-Client Platform Information System Bidding Service Search Engine, Agent-Client Platform Information System.
Speak to family members & all parties involved & do research online or friends & family & decide time frame to move & get commitment to buy property location,
Buying and Selling Real Property CHAPTER THIRTY-ONE.
Tax implications of Investing In Real Estate in the United States
Mortgage 101 Training for The ________ Team
Alaska Foreclosure Timeline
#NTLAANNUAL17 © 2017 National Tax Lien Association
How Do Foreclosure Auctions Work
Investment Management
2012 Business Guidelines for Association Membership
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
Alaska Foreclosure Timeline
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
Laura Triplett VP, Senior Loan Officer
Oregon Foreclosure Timeline
Options, Advantages and Expertise
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
Saving and Investing.
AUCTION MARKETING PROPOSAL FOR: Property Name
Nevada Foreclosure Timeline
AUCTION MARKETING PROPOSAL FOR: Property Name
Include your photo, your name, your company name and a logo
AUCTION MARKETING PROPOSAL FOR: Property Name
3. Foreclosures In this module:
FCH Trust Alternative.
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
Arizona Foreclosure Timeline
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
Presentation transcript:

Prominence Capital Advisors LLC Your Ultimate Source for Trustee Sales www.MyRealEstateHQ.com

What is a Trustee Sale? Distressed Property Owners Bring Mortgage Current Trustee Sale/Auction Successful Short Sale Sold to 3rd Party/Investor Bank Owned/REO www.MyRealEstateHQ.com

Trustee Sale – The Timeline Within 10 Business Days Notice of Default Trustee Mails NOD to Borrower Within 1 Month After 3 Months Mail NOD to ALL Parties Holding Interest in Property Set the Date of Trustee Sale 25 Days PRIOR to Sale Date 20 Days PRIOR to Sale Date Notice of Sale to IRS Publish for 3 Weeks Post on Property Mail Notice to ALL Record the Notice 14 Days PRIOR to Sale Date 5 Business Days PRIOR to Sale Date Trustor’s Right to Reinstate Loan EXPIRES! AUCTION If the property is not sold at Auction it becomes an REO (Bank owned) www.MyRealEstateHQ.com

Three Steps to The Process Research & Acquisition (Purchase of Property From Trustee Sale) Project Management (Preparing the Property For Sale) Disposition (Sale of Property) www.MyRealEstateHQ.com

Research & Acquisition PCA LLC Provides the Available Trustee Sales List Select Your Properties Do a Competitive Market Analysis (CMA) on The Selected Properties – PCA LLC (It is Important to Make Sure That Your CMA is Done Well, as to Ensure the Largest Profit Margin and a Viable Sale!) Title Search and Delinquency Property Tax Identify YOUR Maximum Bid (take into consideration reconditioning and miscellaneous expenses) www.MyRealEstateHQ.com

How To Acquire Property Through a Trustee Sale Find Trustee Sales Listings PCA LLC Provides the Available Trustee Sales List Select Your Properties Do a Competitive Market Analysis (CMA) on The Selected Properties – PCA LLC (It is Important to Make Sure That Your CMA is Done Well, as to Ensure the Largest Profit Margin and a Viable Sale!) Title Search and Dilinquency Property Tax Identify YOUR Maximum Bid (take into consideration reconditioning and miscellaneous expenses) CMA Select Properties Check Title IRS Liens Property Taxes Judgments HOA Delinquencies www.MyRealEstateHQ.com

Property Analysis PCA LLC’s Analysts Research and Qualify the Properties With Best Features and High Return Potential Title Search Done on All the Properties Judgments, Mechanic Liens, IRS liens, HOA, Lis Pendents, Property taxes PCA LLC ONLY deals with First Deed of Trust on Title Conducts an Onsite Visit of Property (take photos, verify occupancy, take notes regarding reconditioning issues, …) www.MyRealEstateHQ.com

Acceptance of Service Investor Signs Contract, and Deposits the Fully refundable PCA LLC Service Fee PCA LLC Presents the Qualified Properties to Interested Investors PCA LLC and Investor Select the Property(ies) to Acquire and Agree Upon the Maximum Bid Price for Each Investor Submits the Bid Funds (Cashier Checks) www.MyRealEstateHQ.com

Acceptance of Service (continued) CASHIERS CHECKS: Should be made in Several Denominations ($1k, $5k, $10k, …) Cashiers Checks are made out to Yourself or the Legal Entity that is Acquiring the Property (for Personal Liability Protection) www.MyRealEstateHQ.com

The Acquisition PCA LLC goes after the property! Power of Attorney (Filled out CORRECTLY and SIGNED Prior to the Auction) PCA LLC Contacts Trustee Company to check that Non of The Properties Where Canceled or Postponed START BIDDING! Within 14 Days after Purchase Trustee Deed obtained and Recorded www.MyRealEstateHQ.com

The Acquisition Receipt Of Funds and Instructions www.MyRealEstateHQ.com

2. Project Management (Preparing the Property For Sale) Investor hires an Eviction Specialist or Attorney, if needed. Investor hires a Contractor to remodel the property to specs PCA LLC provides Follow-up Services to Investors (Clients) www.MyRealEstateHQ.com

The fastest turn-around time in the industry! 3. Disposition PCA LLC provides the most updated CMA and Suggested Market Price. Investor puts property back on the market PCA LLC lists the property ANCA Offers: Lease Option Management Services The fastest turn-around time in the industry! (limited Only by circumstances tied to evection and remodeling time) www.MyRealEstateHQ.com

Return on Investment Property sells in the allotted time Investor makes a handsome return! Investor chooses ANCA to grow their assets again. www.MyRealEstateHQ.com

Next Step Ask for The PCA LLC Service Contract START WITH PROMINENCE! START YOUR INVESTING INTO TRUSTEE SALES TODAY! START WITH THE PROVEN NAME IN THE INDUSTRY! START WITH PROMINENCE! Ask for The PCA LLC Service Contract www.MyRealEstateHQ.com

PCA LLC Contact Info Project Manager: Nick Zigic (626) 221-3994 nick@myrealestatehq.com Team Administrator: 100 W. Lemon Ave. #203 Monrovia, CA 91016 Tel: (626) Fax: (626) 529-0902 Info@MyRealEstateHQ.com www.MyRealEstateHQ.com