American Loss Mitigation Services Releases Their Advanced Short Sale Training Program

American Loss Mitigation Services, based in CT, decided to finalize and release their advanced short sale training program. They felt it necessary to let the dust settle in order to offer the most current and comprehensive training for investors. Many investors are struggling to get a handle on the short sale arena and foreclosure market. End Quote

New Haven-Meriden, CT (1888PressRelease) October 11, 2008 - In September of 2008 American Loss Mitigation Services (ALMS), a national short sale servicing company, released it's, newly finished, training program. In speaking with CEO/Partner, Donna Atwater, she expresses their reason for waiting so long for the official release.

"We purposely waited because the market, regarding foreclosures, is constantly changing. Recently the market, especially at the lender level, went through quite a few overhauls. Between the talk of the bailout, the government stepping in and the continual shutting of doors there were bound to be some new rules. Though much of short sales, the basics, remain the same. Some of the more crucial components have changed. Take, for example, the negotiating. If you were doing a short sale 4 years ago you could actually purchase a house from the bank at 60% of the bank perceived value. You can actually still purchase a short sale for 60% of the Value as long as the bank doesn't know what that value is! Make sense? So, that being said, we felt it necessary to make sure that the techniques and strategies were current and up to date."

Donna allowed us to get a sneak peak at their back office and they have put the majority of their materials in the form of audio files. Considering that there are several companies and individuals currently offering short sale training we thought it best to also ask Donna what separates them from everyone else. She wittingly came back and simply said "Because we pride ourselves on being the best." In asking her to expand on that she said, "Don't get me wrong, we aren't conceded! However, we strive to be innovative, creative and motivated in everything we do. When we put our training together we had, in our mind, to create the best competition out there. We didn't just want a training program. We want the best competition to keep us on our toes. We left not one single detail out of how we work the case. The training covers everything from getting the client to getting the check at closing."

The foreclosure crisis is going into it's third year. Short sales, loss mitigation and loan modifications have been around long before the crisis. However, do you really think there are room for more investors working in the foreclosure arena with all the attention to these fields? "Absolutely. We are not through this yet. Not to mention the fact that most won't remain. There are plenty of people out there purchasing this program or that. Truth is, few are actually successful enough to make a career go at it. Our program is designed to do just that. We not only train our students about working in the foreclosure market, but also how to follow the client out of foreclosure and through rehabilitation. I am confident, evidenced by our students testimonials, that we are offering the best of the best to our new students!" Donna responded passionately.

It sure sounds much easier said than done. Regardless, they seem to have really pulled it off and left nothing out, including the kitchen sink.

They have also partnered with Short Sale Holdings, LLC to distribute their program. All direct inquiries and purchases of their training program will go through Short Sale Holdings, LLC exclusively. Donna added that she has worked with the CEO of Short Sale Holdings (SSH) before and would trust no one else with their program. She stressed how important ethics, honesty and integrity are to ALMS and whomever they work with. "Quite frankly we have to outsource. We have so much going on with our files and our clients take first priority. We wanted someone that would make our students first priority. We definitely have that with Short Sale Holdings. My partner and I wouldn't trust anyone else!"

For more information about their company and to join their free newsletter visit http://www.cfreedom.net

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