Archive for July 19th, 2010

Jul 19 2010

Be Flexible In The Shifting Short Sale Industry

Short Sale Power Hour

Good morning! You are viewing shortsalepowerhour.com. As you might already be aware, today is mindset Monday. Today is all about mindset and the topic is something that Fred spoke about in the monthly coaching call last week. If you are not a part of the monthly coaching calls yet, you need to get signed up for them. It is the best place to ask questions and get solutions. Also, you will get our assistance and our opinion without holding back. Quite honestly, we need to hold back our real opinions on shortsalepowerhour.com so that we don’t get into trouble.

So, the subject we chatted about was being flexible. What do i mean by that? In short sale dealings and in life, you have to be flexible and roll with the punches. A very sensible man has a flexible reality. The reason we say that is because stuff is continuously changing.

If you aren’t flexible enough to adjust to the changes in the short sale industry and day to day stuff that always change you will struggle. We aren’t necessarily talking about the new policies. Nevertheless, we are referring to the flexibility of working with hassles and lies that the lender might tell you. For instance, one second the negotiator tells you that she will submit the folder for approval on Friday and the next moment she requests that you remove the fee off the HUD because the investor requested it. You must be flexible enough to realize that not everything you hear is always going to be the truth. As a matter of fact, you should maybe trust no one and validate everything from the lender. Whatever was factual yesterday, may not be the case today.

When the you get used to the dealing with a certain bank and then somebody throws you a curveball, you need to recognize that the lender did not alter its guidelines over night. Chances are that somebody at the lender is not giving you the whole story.

Be flexible enough to verify everything or be flexible enough to put a particular matter aside to work on it again tomorrow. You may find that tomorrow, everything is back to normal.

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