All Forum Posts by: Albert Martinez

I would find an agent that primarily deals in short sales and ask them to list it for you. If you get the wrong agent or someone that does not know how to work the short sale they can kill the deal. I would pay they 3% and ask for referrals on any other short sale leads letting them know you will buy them. Next time they might bring you a deal.

I am using rentec for screening. I also bank with chase and have a separate savings account. I give my tenants the account number and request they deposit the money. Chase has something called quick pay. You get an email stating you have a credit. You long into your online banking and accept the money.

Thanks! In Texas I have not been able to find a vendor that will do a 30-60-90 day late list. We have a NOD that is filed 30 days prior to foreclosure then auction will take place. Investors can buy that list but we only have 21 days to work those leads before the auction. I know people work that list and still get the bank to agree to a short sale but time is very limited. In other ideas?

Hello BP members!

I am fairly new to marketing and have bought one house mailing letters to absentee owners. I am looking to increase my leads and target short sales via direct mail. Can anyone please share where to buy a list of possible short sale candidates? Or strategies on how to find people that might want to do a short sale?

What should my marketing piece read?

Thanks,

Albert

I closed on my first short sale in 06/13. I made the offer in 10/12. The bank never really communicated with me about the status or if we were even going to close. One day the Realtor called stating the bank is ready to close, but it still took 60 days from that day. The second short we did closed in 45 days but this one was already approved by the bank.

Hello Jim and J. Scott,

Can you guys share where you buy the list for short sale leads that you are direct mailing? Also what does your letter or post card say?

Thanks!

I can purchase as an investor with cash or conventional. I am open to properties that need to be rehabbed or that are move in ready. Most of my houses have been foreclosures and short sales.

Thanks!

I live in N. Arlington. I typically buy 3/2/2 or 4/2/2. Email me the details. [email protected]. thanks!

Hello Everyone!

I am a fairly new BP member. I read the forums all the time and listen to the podcast's but never post. I am a buy and hold investor and looking to purchase three more properties this year in the Arlington TX and surrounding areas. If you have properties in this area or know of any good wholesalers please let me know.

Thanks!