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The Escalation Process  

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Daniel Moore
(@danielpropelio-com)
Member Admin

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This topic was modified 2 years ago by Thomas Merhout
Quote
Posted : 05/04/2019 7:19 pm
stevenrivera789789
(@stevenrivera789789)
Newbie

How do you negotiate a lien down when you speak with a lien holder?

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Posted : 15/05/2019 3:25 am
Daniel Moore
(@danielpropelio-com)
Member Admin

It depends on several items, such as lien position, LTV, and lender type, but having a strong list of repair bids, comps, and attending the BPO are all items that will help in the negotiations with the loss mitigator. If they are junior liens I would keep negotiations to a minimum. Like, if second lender is owed $42k I would start my offer at $500.

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Posted : 17/05/2019 6:35 pm
Texasventures20
(@texasventures20)
Newbie

QUESTION- Newbie here: What is a hit success % for door knocking, wholesaling, cold calling for every 100 leads?

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Posted : 05/07/2020 5:38 pm
hmhyinvestments
(@hmhyinvestments)
Newbie

I have a property with one junior lien and they refuse to budge on their total amount due.  Are there any best practices you can share on negotiating junior liens especially with a starting offer of $500?

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Posted : 13/08/2020 5:12 pm
Daniel Moore
(@danielpropelio-com)
Member Admin

Have you tried to reach out to Melody at Oyezz? She is awesome about answering questions.

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Posted : 20/08/2020 4:48 pm
Daniel Moore
(@danielpropelio-com)
Member Admin

That will drastically depend on the targeted lists and the person themselves

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Posted : 20/08/2020 9:13 pm
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