Real Estate Home Owners and Investors in Michigan Learn Tell if Homeowner Qualify for Reduced Payoff on their Mortgage

(EMAILWIRE.COM, March 12, 2007 ) Livonia, MI -- Michigan declining real estate market is now seeing many home owners taking what is call a short sale on their home. This is where the mortgage company takes a reduced pay off on the mortgage due to the value and condition of the home not being enough to pay off the mortgage. Mark Maupin, who teaches at a local College and member of the club putting this event on said “I am glad Jovan Roberts is putting this seminar on for our members as it is important that buyer and seller understand the entire process and all of conditions, so it is the best solution for the owner. Many times when owner walks away from the home it gets striped and has little to no value. So many times this can be avoided by doing a short sale which is benefit to all. The owner can also be issue a 1099c for income for the amount short to pay off the mortgage. So investors and owner need to know plus and negatives to make the best win win choice. Jovan Roberts does just that in her presentation.”Jovan Roberts has been through a 10 month intensive training program for the short sale process. She has been hands on with many cases of short sales. At the end of this session, members will know how to: *Identify the typical bank requirements for submitting a short-sale offer *Know the key short-sale processes *Know how to work with property owners *Know how to work with buyers *Know how to work with banks *Know required documentation from owners and buyers *Know how to complete and submit the short sale package to the bank *Know how to negotiate with the bank & close the deal *Assign purchase agreement to another buyer *Understand the reality behind short sales *Know the benefits of partnering with a knowledgeable Realtor This event is being recorded for members to have for future training. The club putting event on has three training events a month for its members. For information on the Real Estate Club Putting event on go to www.megaeveningevent.com Date: March 12th, 2007 Time: 6:30 pm to 8:30 pm Location:Michigan Institute of Real Estate24655 Southfield RoadSuite 101 Southfield, MI. 48075-- National Real Estate Networkhttp://www.megaeveningevent.cominfo@megaeveningevent.com248-762-08001-877-797-MEGANational Real Estate Network, LLC service the following cities in Oakland County: Auburn Hills, Berkley, Birmingham, Bloomfield Hills, Clarkston, Clawson, Farmington Hills, Farmington, Ferndale, Hazel Park, Huntington Woods, Keego Harbor, Lake Angelus, Lathrup Village, Pleasant Ridge, Pontiac, Rochester Hills, Rochester, Royal Oak, South Lyon, Southfield, Sylvan Lake, Troy, Walled Lake, and Wixom. The club also services the follow Villages: Beverly Hills, Bingham Farms, Franklin, Holly, Lake Orion, Leonard, Milford, Ortonville, Oxford, and Wolverine Lake. Clubs also services Wayne County Cites: Allen Park, Belleville, Dearborn Heights, Dearborn, Detroit, Down River, Ecorse, Flat Rock, Garden City, Gibraltar, Grosse Pointe Farms, Grosse Pointe Park, Grosse Point, Hamtramck, Harper Woods, Highland Park, Inkster, Lincoln Park, Livonia, Melvindale, Northville, Plymouth, River Rouge, Riverview, Rockwood, Romulus, Southgate, Sonoma, Taylor, Trenton, Wayne, Westland, Woodhaven, Wyandotte. Other Counties are Macomb and Washtenaw. National Real Estate LLC is sometimes call and know for information the following: Real Estate Associations, Real Estate Groups, Real Estate Investment Association, REIA, Real Estate Class, Real Estate Investing Club, Landlord Club, Mentoring Program, Training Classes, Seminars, Real Estate Schools, Real Estate Courses, Real Estate Network, Real Estate Conventions, Real Estate Boot Camps, Real Estate Forums, Real Estate Licensing, Learning Center, Learning Annex, and Mega Events.###This press release was issued through GroupWeb EmailWire.com. For more information on press release distribution, go to http://www.emailwire.com.

National Real Estate Netroit, LLC
National Real Estate Network

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