Master the 4 Agent Profit Centers of Foreclosure
List 10 Foreclosures in 10 days! Learn how NOW!

“The CFS course should be required for ALL agents wanting to survive in the current real estate market!!!! I couldn't believe how much information is included. Each chapter is loaded with insider information. Graduates of this program will not only survive, but will likely make more money that ever before! This course is that good! Thank you for taking the time to put together such a comprehensive program. I have purchased numerous courses, for much more money yet they don't have this much ‘real’ information. This course is current, accurate and very helpful. I highly recommend this to other agents!

After this course, an agent will have all of the tools, knowledge necessary to become a high income/top agent in their marketplace! The CFS course removes the mystery by presenting an easy to understand approach and provides a clear path to being a success in this marketplace! Very, very well done!”

Marc Von Musser, MBA
Broker – Associate, Realtor
Keller Williams Realty
Carlsbad, CA
http://www.MarcVonMusser.com

Table of Contents

Introduction

Overview of CFS designation and the 4 Realtor profit centers

Chapter 1 – Understanding Foreclosure
The importance of understanding foreclosure, foreclosure defined, how lenders accelerate foreclosure timelines, six basic steps to foreclosure.

Chapter 2 – Mortgage or Deed of Trust
Why Realtors need to understand the import and difference relative to foreclosure, each loan instrument defined in detail and how applicable to foreclosure

Chapter 3 - One on One with the Pre-foreclosure Prospect
Pre-foreclosure prospects state of mind, putting them at ease, setting the table, providing “real” post sale relocation options

Chapter 4 - Homeowners Alternatives to Short Sales
Why an overview MUST be a prerequisite before any hands on representation, representing client interest is a legal responsibility, the five alternatives to foreclosure, what is FHA Secure, the natural segue into the first 2 profit centers; Home Redemption Business and Listing Short Sales

Chapter 5 - The Home Redemption Business Model for Realtors
THIS IS AN UNTAPPED MARKET AND A NATURAL EXTENSION OF YOUR EXISTING BUSINESS! Is loan modification a feasible option, lenders criteria for modification, complete Home Redemption Business model, average fee to charge, information to collect from borrower, maximizing approval rates, working with the lender on behalf of the borrower;
BONUS MATERIAL: Necessary contracts, agreements, checklists, forms and actual case study of a loan modification.

Chapter 6 - Foreclosure and short sale consequences
The consequences of foreclosure and short sale, requirements of a Realtor to disclose prior to listing, addressing deficiencies and tax liabilities, what is HR 3648.
BONUS MATERIAL: Sample promissory note.

Chapter 7 - Listing Pre-foreclosures properties
This is an expanded version of our book “Listing and Selling Pre-Foreclosures”.
Comprehensive definition, detailed components of a short sale package, nuances of listing the property, importance of the lenders BPO and the BPO the agent performs, the HUD-1 settlement, dealing with multiple lien holders, dealing with all the lender responses, changing MLS status, representing short sale buyers, complete marketing strategy to gain pre-foreclosure leads, detailed prospecting script;
BONUS MATERIAL: Agreements, contracts, case studies, forms: hold harmless agreement, short sale checklist, 3 detailed case studies with lien releases, Sample HUD-1 and MLS print outs, authorization to release, Repair bid template, Blank BPO template, completed BPO, financial statement, short equity addendum, direct mail and display ad samples.

Chapter 8 - Broker Price Opinions
This is an expanded version of our book “The BPO Business”.
BPO defined, who orders them and for what, typical variables on all BPOs, what BPOs pay, ways BPOs serve agents, information to gather prior to applying, how to convert BPO orders into listings, getting paid more than the initial offer amount;
BONUS MATERIAL: Sample BPO application, completed BPO example

CHAPTER 9 - Listing and Selling Bank Foreclosures
This is an expanded version of our book “Become an REO Power Lister”.
Overview of industry, who hires Realtors, commissions, when assets are assigned, REO agent detailed service model, what departments to prospect to and whom within the company does the hiring, prospecting script, importance of broker price opinions, reimbursement of expenses, the import of your contractor team, marketing plan to gain new business;
BONUS MATERIAL: Sample Master Listing agreement, sample REO Broker service manual, REO Marketing case study with MLS listing

CFS Appendix

Glossary

State by State Foreclosure Laws

CFS Final Test

Just a few benefits of being a CFS

• Armed with the most comprehensive education available on foreclosure
• Fully understand the 4 Realtor Profit models in foreclosure
• Supplied with REO and BPO Leads (see database below)
• Expertly versed on marketing strategies that procure pre-foreclosure leads
• Placed in the Foreclosure U database of CFS to be viewed by lenders, REO management companies and consumers
• Market yourself as a CFS and Foreclosure U graduate when applying, competing and marketing for REO, BPO and Pre-foreclosure business
• Utilization of the CFS logo

Upon completion of the CFS Training and passing grade (75%) on the Final “CFS Test” you will be educated and proficient in the following aspects of foreclosure:

• State foreclosure law
• Property foreclosure alternatives
• Legal, tax and accounting ramifications
• Loan modification & Home Redemption
• Listing and Selling Short Sales
• Performing Broker Price Opinions
• Listing & Selling Bank Owned Properties
• Expertly versed on how to WIN business in each profit center

Manual Specifics

• Pages: 270
• Professional Grade 3-ring organizer

For a limited time we are offering the CFS Training for an incredibly low investment of only $279.00!

That is significantly less than other paper tiger designations such as GRI, CRS and ePro, to name a few. This training DOES NOT simply provide you an education! It details the marketing aspects of each respective “profit center” and includes the actual contact information of the most qualified leads that exist!

But wait just a minute………..
If you purchase in the next 48 hours we will INCLUDE
7 FREE Bonuses Valued at $850!
 

FREE Bonuses

1. National Default Database CD $99 VALUE

Database includes:

• 103 Loss Mitigation Departments
• 119 Lender REO Departments
• 81 BPO Vendors
• 59 REO Management Companies
• 14 REO Organizations
• 323 Lenders that report to have their own internal REO Department

Entire database updated January, 2009. An extensive amount of time and effort was taken to compile this database. Provides you the companies and contact information to immediately start prospecting and applying for new business. Its value is immeasurable!

2. 90 minute Audio/Video PowerPoint    Presentation: $299 Value

Presented in Microsoft PowerPoint. 90 + minutes in length. Provides insight and detail of a live class. The Short Sale portion is an expanded version of the inaugural “Loss Mitigation Certification” course I taught for the Massachusetts Board of Realtors on January 22, 2008. Case studies from each chapter will be covered in detail.

3. All Necessary Contracts, documents, and    forms CD

PLUS
A Non-profit database of pre-foreclosure assistance.

4. Three FREE copies of “Foreclosure Solutions”:    $50 Value

Jump start your pre-foreclosure marketing with these powerful marketing pieces. To be used in conjunction with our marketing strategies on pre-foreclosure business. Solves the biggest challenge, generating leads! Offering pre-foreclosure prospects this important material is a phenomenal lead generator. Exclusive rights to all CFS to re-purchase additional copies at a huge discount.

5. The Home Foreclosure Bible - CD

The “Foreclosure Bible” is the definitive resource that will provide you the solutions you need to be able to help your clients if they are faced with foreclosure.

6. One Year free listing in our Team CFS Database: $199 Value

7. Certificate of Completion

Take the CFS Challenge!