Princeton, NJ, September 11, 2008 --(
PR.com)-- Nuts and Bolts Real Estate has announced the release of a step by step instructional guide which teaches real estate investors how to buy heavily discounted properties through short sales.
There are millions of homes in foreclosure across the country. Banks are having a difficult time dealing with the huge inventory of homes in foreclosure and are turning to short sales as the preferred option for disposing of distressed loans on their books. In response, Nuts and Bolts Real Estate has released an instructional guide that guides first time short sale buyers in how to make thousands from the bank's losses.
How to Buy a Short Sale: An Investor's Step by Step Guide will lead you through the process of identifying short sale opportunities, determining the appropriate offer price, approaching the seller with your offer, negotiating with the bank, and closing on your transaction. The Guide also includes all of the forms you will need in order to complete your transaction, including:
- Example of Introduction Letter to Seller
- Example of Release Authorization
- Example of Hardship Letter
- Example of Contract of Sale
- Example of Buyer's Offer Letter
- HUD-1 Settlement Statement
The Guide was written by Nuts and Bolts Real Estate founder, Gregory L. Vinson, an experienced attorney and short sale investor who knows the tricks of the trade. Mr. Vinson uses easy to understand language to explain the sometimes complex process of negotiating a successful short sale.
For more information and to order your copy of the Guide, go to http://nutsandboltsrealestate.com
###
