All Forum Posts by: Annette Gutierrez

Looking forward to this meet up on Monday!  Thanks for introducing me to BP too! 

@Karen Margrave thank you for the welcome and I am glad you also found this ad interesting. Turns out of course there are other issues. I emailed the advertiser and said "interested in your property I am an investor". Next day she emailed back "please call and left her phone number. She was flustered. I asked for address and asked about lien. She said lien was $390,000. I told her I liked her ad and she said what? I said it was different. I told her I would look into the property and call her back if I was still interested. First thing I did was (google it):-). Found out it was for sale for $403,000. Then I ran a profile on it. Found out NOD was filed 3/14. Checked a foreclosure program I have but property did not show up. Made a call to title company and she found an abstract of judgement for $37,000 and $190,000 due to make loan current. Were thinking she may be dealing with the bank with a loan modification or something. Thats where I left it. :-)

@Rick Harmon thanks for the welcome and advise.  I learn something new everyday.

I wanted to share this and find out what the community thought about this sellers strategy for selling her home.  Something I've never seen before and found it quite interesting and a bit funny.

I have a house that my bank won't let me sell and I am tired of arguing with them. I would like to quitclaim it to an investor or a lawyer who could maybe argue with them for another (?) years, but have a house to live in MORTGAGE FREE during that time!! Yes, my bank screwed up and I have no mortgage. No mortgage does not mean no lien. The original lien is still on the house. I would like a 20k cash out and you can have my headache!!!
She is a lovely, 100 year old Victorian - she does need some work, but it is minimal.
You would have to do the paperwork (lawyer needed).
NOTE - I have had every Tom, Dick and Harriet contact me. This is not a scam and I don't relish rehashing my reasons for doing this to every Nosey Parker who is "curious." Please note that I will be asking for your credentials before giving any information out. If you are not a lawyer or have one on retainer, this situation is not for you. No, the house is not "for sale" for 20K. If you don't know what a quitclaim is - GOOGLE it.

Wow huh?  What do you think?

Kind of a different way to introduce myself. Anyways, my name is Annette and I am looking forward to meeting many of you great people through this forum. Connect with me. Sunny Southern California is where I live. I am a part of the RE Investors Daily LLC team and a Realtor in the area for over 20 years. :-)