(EMAILWIRE.COM, September 14, 2009 ) Detroit, MI -- Seasoning requirements are restrictions placed on real property requiring ownership of 6-12 months before it can be sold. This is a turn-off for lenders; they may not want to fund the second part of a double closing because they are concerned with seasoning issues.

Seasoning requirements were developed by lenders to deter real estate investors who use unethical practices to make a profit with short sale transactions Unfortunately, this also causes problems for honest, professional real estate investors who are providing a number of good services for all parties; the distressed homeowner avoids foreclosure, the lender mitigates their loss and the buyer gets a good deal on a new home. The entire neighborhood benefits when there are fewer vacant homes falling into disrepair.

Jodi Funke, a transactional lender who specializes in real estate short sales, recently spoke at a meeting with real estate investors. She discussed the technique of structuring the deal to get around the common roadblocks investors face, including financing and seasoning requirements.

Jodi recommends that real estate investors who are practicing short sales, double closings and other specialized techniques should be represented by a qualified real estate attorney who understands how these transactions work. A real estate attorney will know how to structure all documents in a double closing to comply with mortgage guidelines.

Jodi Funke has assembled a nationwide network of real estate professionals, attorneys and title companies who are experts in handling short sale transactions and back-to-back closings. “Our team of real estate and closing professionals strive to keep up-to-date with new guidelines and techniques to close quickly while maintaining a high level of integrity, said Funke. Visit http://www.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


This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.