(EMAILWIRE.COM, September 14, 2009 ) Portland, OR – Real estate investors who negotiate short sales on pre-foreclosures have noticed how much more difficult it is to close deals and make a profit today. Many vacant homes are being sold for pennies on the dollar, so it should be pretty easy to make a good living. Unfortunately, the dramatic increase in mortgage fraud has led to tighter restrictions with lenders and title companies.

Real estate investors who have mastered the difficult process of negotiating short sales are providing a great service to distressed homeowners facing foreclosure or bankruptcy. When they purchase the property on a short sale and resell it for a profit, the home is occupied instead of being a boarded up eyesore in a nice neighborhood.

Unfortunately, strict mortgage guidelines have made these transactions difficult to close. Investors must have cash to buy the properties. If they do not resell them quickly, their money is tied up in the asset and they cannot buy another one without selling the first one. That is why investors like to have a qualified buyer ready to purchase the property as soon as they buy it.

FHA guidelines and 90-day seasoning requirements are common road-blocks for short sale investors. Jodi Funke is a transactional lender who provides short sale funding for investors who have an end buyer. Her company includes a nationwide team of title companies who are experienced with back-to-back closings for investors who work with short sales “Not all title companies are willing to handle this type of transaction,” said Jodi. “Investors must have access to a title company with the knowledge and experience to perform these closings legally and ethically.” Visit http://ww.cashforshortsales.com to learn more.

Contact:

Jodi Funke, Transactional Lender
Cash for Short Sales
7657 Mall Rd
Florence, KY 41042
859-594-4357
info@cashforshortsales.com


This press release was submitted by Right Now Marketing Group, LLC

Contact Information:
Cash for Short Sales
Jodi Funke
Tel: 859-594-4357
Email us


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