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Updated over 9 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Mwanzo Mallard
  • Van Nuys, CA
0
Votes |
4
Posts

Is this a good offer?

Mwanzo Mallard
  • Van Nuys, CA
Posted

"I am selling my house $450k - cash buyers only or hard money

This is like brand new 2006 built -we are first owners. No repairs needed. White paint still all throughout since it was built.

4 br 3 baths 3 car garage ( tandem) I love the house but just need cash right now. We are going back to W Covina - our first house. You can sell at $550. Need to close the deal. If you want, while waiting on your buyer after buying, I can rent it so no sleeping money for the investor. I can help you sell it with 20 % ROI.

I am a licensed real estate broker

Do you have hard money?  (Yes)

You can have 60-80% roi
I just need money
Will even help you sell it
We can close in 10 days"

Would you do this deal?

Most Popular Reply

User Stats

81
Posts
24
Votes
Derek Faller
  • Rental Property Investor
  • Bend, OR
24
Votes |
81
Posts
Derek Faller
  • Rental Property Investor
  • Bend, OR
Replied

I am guessing that this part of your post was taken from an ad you found somewhere:

(I am selling my house $450k - cash buyers only or hard money

This is like brand new 2006 built -we are first owners. No repairs needed. White paint still all throughout since it was built.

4 br 3 baths 3 car garage ( tandem) I love the house but just need cash right now. We are going back to W Covina - our first house. You can sell at $550. Need to close the deal. If you want, while waiting on your buyer after buying, I can rent it so no sleeping money for the investor. I can help you sell it with 20 % ROI.

I am a licensed real estate broker

Do you have hard money? (Yes)

You can have 60-80% roi
I just need money
Will even help you sell it
We can close in 10 days")

It sounds kind of fishy to me. Why would a licensed broker sell you a house for 450k that is worth 550k and then offer to help you sell it for 550k? If it is true it seems like a good deal, but I would definitely verify the market value of the house and what you could sell it for along with having a home inspection done and title check and insurance to make sure there isn't something they aren't telling you.

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