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Shark
Bait
Americas Leading Foreclosure
Software
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PropVest
Software
PropVest - leading investment
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CRS
brings you the nation's leading data sources, experts and software tools!

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Shark
Bait Expert Version 5.1 Tour
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The
Foreclosure Investment Software System That Seeks
Out Equity and Profit! |
Choose
from 8 different built-in reports designed
for managing every stage of the foreclosure
buying process!
REPORT TO BROKER

Click
here for close-up view. |
Once
you have selected your candidate properties
and tagged them as "Shark Bait",
this report can be sent to your real estate
broker so he (she) can advise if there
is any previous listing history on the
MLS. They can also gather other
current listings of nearby homes on the
market and any specific sales that you
should know about. Generate this report
as often as you have new foreclosure candidates
and keep your broker in the loop, use
it yourself to walk you through your MLS
search. |
REPORT TO TITLE COMPANY
| Send
your title company a list of your candidate
foreclosure properties, so they can
research each for any other loans or
liens. They simply fill in the blanks
and fax it back to you. Then you
quickly enter the new loan/lien amounts,
and watch Shark Bait recalculate all
of the "Debt to Value" ratios for
each property. The organized layout
makes it very easy for you and your
title company! |

Click
here for close-up view. |
GENERAL INDEX REPORT

Click
here for close-up view. |
If
the property still looks good after
you've entered all of the loan/lien
amounts, you can create another report
so your title company can advise if
the owner/trustor has any tax liens
or judgments against him. If they're
senior to the subject loan in foreclosure,
these liens attach to the property and
only get discharged at the Trustee's
Sale, if they're junior in ranking.
You need to know about every lien before
you bid on, or buy any property. Enter
the amounts of any new liens you discover
and let Shark Bait recalculate the Debt-to-Value
ratios. If the deal still meets your
requirements, your on your way! |
INSURANCE REPORT
| Now
bring your insurance agent into the
loop and make sure he knows the properties
you intend to buy. This report
will provide him all of the properties
you intend to "BID" on; the
date of the sale, or that you intend
to take over, and the relevant property
details. He can then provide you with
an insurance binder to be sure your
covered, if you buy the property under
a Notice of Default or Notice of Trustee's
Sale. It could be a disaster if
you bought the property and forgot to
get insurance, from the moment you bought
it! |

Click
here for close-up view. |
PLANNED
"BIDS" REPORT

Click
here for close-up view. |
Generate
a report including all of your planned
bids/offers, to give you a comprehensive
and chronological view of the big picture.
You'll see what's going to auction,
when, for how much, what your maximum
bid will be, the Debt to Value ratio,
everything you need at-a-glance (the
whole enchilada). Now you won't overlook
the details, or forget to show up for
every opportunity! |
PROPERTY
PROFILE REPORT
| If
you can't take your computer with you,
you can take a 2 page property profile
report, that provides all of your information
on each property. The report even
includes the property photo in color,
and every detail, variable, amount,
comment, ratio, name, or number.
Everything that Shark Bait knows about
each property. This impressive report
will help you present your candidate
properties to your investment partners.
Or, use it yourself for a comprehensive
review, when your in the field, or the
heat of the auction battle. |

Click
here for close-up view. |
LOCATION
MAP REPORT |

Click here for close-up view. |
Got
a map? Shark Bait will create
a simple map report so you'll find your
way there and back! Tying
in with Microsoft Streets and Trips
(not included with the purchase of Shark
Bait), you can include a detailed map
for any property, anywhere, in seconds! |
REPAIRS
REPORT |
| Got
repairs? Shark Bait will produce
a comprehensive report, including all
of your planned repairs and refurbishment
for any property. In logical order,
illustrating the category of repair,
the items, the quantities, the unit
prices, the number of units, hours of
labor, labor rates and the totals.
No messy notes, no forgotten amounts.
Now
you'll be in control and in the know! |

Click
here for close-up view. |
You
can even export your data to Microsoft Word,
Excel or Access and create your own custom
reports, for your own individual purpose
You
can skip ahead at any time, with the tour
track below.
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