New Western Acquisitions (NWA) Review

[Joel S.]

After searching for a real estate agent in Houston on Biggerpockets I keep getting responses from people from New Western Acquisitions. My understanding is that they work in Houston and Dallas. Has anyone worked with this company before? They also sent me a prenegotiated contract that says they do not work with conventional bank financing, no/option/inspection periods or financing contengencies are allowed (they also check a box in the contract they are not required to furnish the notice of properties condition under Texas code and there are no inspections for lead based paint), title company is at sellers choice (buyer pays).

They also require $5000 down payment is the form of certified funds to be delivered at the time of contracting.

I don't know anything about this company, so I am doing my due diligence. I welcome any comments about what someone thinks of this company.

[John Chapman]

There are many on BP in the Metroplex that have strong, negative feelings about this company. I personally would not do business with them for a number of reasons that I'm happy to share privately. Feel free to PM me.