REI Wealth Monthly Issue 12 | Page 69

UNDERSTANDING SHORT SALES AND THE SHORT SALE PROCESS LEX LEVINRAD will offer high enough that the bank will accept their offer. For this reason, if you are considering a short sale, it is very important to act immediately in order for the negotiator to have sufficient time to negotiate the offer and for the real estate agent to have sufficient time to market for buyers of the property. If you are behind on your payments and considering a short sale please remember that time is your enemy and you must act quickly. Author: Lex Levinrad Lex Levinrad is a South Florida real estate investor that has been wholesaling, buying, fixing and flipping homes for the past 10 years. He has written 7 books about investing in real estate, and is a nationally renowned real estate speaker and coach. Lex’s Website: http://www.lexlevinrad.com