In this valuable Training Article, we’re going to discuss the Importance of Getting an Authorization to Release Information Form for Communicating with the Seller’s Mortgage Company signed on any deal you get under contract where the seller has an underlying loan on the property.

Not only are you going to learn EXACTLY how to do this properly and why it’s so important, I’m also going to share my valuable experience & some “in the trenches tips” that are based on the hundreds of deals I’ve done & have coached my students on!

Of course, you’ll also be supplied with this form, as well as the instructions you’ll need to get it filled out and signed. And don’t worry – I make it VERY easy. 🙂

So sit down, strap in and get ready to learn this essential skill.

Listen, as a real estate investor, you know that buying a property can be a complex process. One of the most important steps in the process is to verify the essential information of the existing loan for those properties that have one. This includes things like the amount owed, the interest rate, and the current status of the loan (current or behind). This information is important because it will help you to determine whether the property is a good investment, as well as helping you determine what the proper strategy should be for doing the deal.

When we’re gathering the information from the seller, we always ask them what they know about the underlying loan. While many sellers/owners will often know the actual and true info, many will not – or be way off in their understanding or assessment of the truth.

So the best way to verify the accuracy of essential information of the existing loan is to…

Hang on a second! You need to be a Monthly Member to get access to this content!

Leave a Reply