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Investing Strategies

Short Sale Deals Part I: The Process Has Changed

jokeDid you—like me—ride the short sale wave from 2008 to 2011? And have you ever wondered whether that wave is really over?

Jason Lucchesi here, and in my 2-part mini-series about short sales, we’re going to talk about:

  • the way short sales used to be done
  • why they changed
  • how they’re done now
  • ways to find these properties
  • and more…

Plenty of investors—myself included—went after a ton of short sales from 2008 until 2011. We still go after them today but in a much different capacity. It’s time for a history lesson on the short sale, then some tips on how to turn these sales into a key part of your investing strategy.

The (Recent) History of the Short Sale

From 2008 to 2011 investors found individuals in a distressed state through the owner of records. Investors contacted these individuals and offered to purchase their properties at a discounted price that the investor would negotiate…


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