How To Increase Your Closings Working With Boomerang Buyers
WHY SHOULD YOU CARE ABOUT THESE DEALS?
Boomerang buyers who lost a home to a foreclosure or short sale between 2007 and 2013 are projected to make about 10 percent of all U.S. home purchases in 2014, according to John Burns Real Estate Consulting (JBREC).
The Washington area is among those regions that are expected to have even higher levels of activity involving boomerang buyers. JBREC expects boomerang buyers to make 17.5 percent of the region’s existing- and new-home purchases this year.
According to JBREC, the number of boomerang buyers will increase in 2015 and 2016 as more former owners become eligible for new loans.
What will you learn in this presentation?
Download this guide and learn: what is a boomerang buyer, the 3 types of lenders that are best for these deals, VA-FHA-CONV guidelines, what you need to do IMMEDIATELY when you meet one, what is CAIVRS, and MORE!…