William Bronchick offers coaching for short sales

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(Free-Press-Release.com) June 29, 2010 -- In short sale flipping, a homeowner with a bad debt agrees to sell off his property on a lower price. The lender or the bank purchases the property at a price that is less than what the owner actually owes, in turn preventing the homeowner against foreclosure. This a win-win situation for both the buyer and the seller because the seller is able to dissolve his bad debts and the lender is able to purchase the property on a lesser amount and can sell it off for more at a later stage.

William Bronchick explains the basics of short sales in his coaching programs. According to William Bronchick, a short sale flip is not much different from a regular wholesale flip; the only exception being that in short sale flipping, investor pays off seller’s lender at a discount instead of paying in full in case of regular flips. William Bronchick puts forth certain points that are important to avoid falling in a legal battle in case you are indulging in short sale flips. Join in William Bronchick coaching program and discover the real estate challenges and truth.

About William Bronchick

William Bronchick, CEO of Legalwiz Publications, is a nationally known attorney, author, entrepreneur, and speaker. Mr. Bronchick has been practicing law and real estate since 1990, having been involved in over 1,000 transactions. He has trained countless people all over the United States to become financially successful, speaking to audiences of as many as 16,000 at "Get Motivated" events sharing the stage with names like Rudy Guliani, Steve Forbes, and Colin Powell. His best selling book, ‘Flipping Properties' was named one of the ten best real estate books of the year by the Chicago Tribune. William Bronchick is also the co-founder and President of the Colorado Association of Real Estate Investors and the President and Chairman of the College of American Real Estate Investors.

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