All Forum Posts by: Christy Gilliam

Equity Title

Hello all. When sending out letters to potential buyers, how many times do you send them a letter? Just once?
Also, if you mail letters to absentee owners, how often do you send them a letter?
Thank you

Hello. I recently bought an out of state absentee owners list fron RealQuest (they then direct you to Listsource). When you choose what "type" of home you're looking for ( concrete block because that's what your buyers want), concrete block homes aren't listed. So what do you choose? Thank you.

Hello. Is anyone having trouble with getting findcompsnow to open up? I get as far as where it says "show me now", new page comes up and it won't show anything. Thanks

I listened to it. Hour and a half long! Of course at the end of it, he and a "circle' of other well known and very successful investors were involved. I'm wondering how many small investors ( or any others) really ARE worried about the big guys taking over?? I read where we can buy in the zips AROUND where they are buying in bulk; buying OLDER homes ( they are buying homes 5 yrs old and newer); bank-owned foreclosures in bulk in certain cities. I also read an article written by an investor ( not involved in the Preston "ring") that we could buy HUD foreclosures instead because they are only interested in the bank-owned ones. I can't find this article now, though. Is this true about the HUD foreclosures vs. bank-owned ones? Would appreciate anyone's opinion on these "idea's" above. Do we have to panic? Thanks, Christine

Hi Steve. Thanks so much for replying. I would be putting the property under contract and flipping it to an end buyer. So, I can just mark "unknown" on contract if I don't test it? End buyers don't have a problem with this? Thank you.

Hi everyone. I'm a new wholesaler. I was driving a neighborhood the other day looking for vacant homes. When I got home to find who the owners were ( and other data) I found out that all of the homes in this whole neighborhood were built around 1959. Because of the lead paint issue, would it be my responsibility if I put one under contract to disclose this, do I personally have to have it tested, or is it something I should just stay away from? Pro's and con's. Thank you.

Hi everyone. Just starting out. my question is: what all should I use the real estate lawyer for besides checking out the contracts? Anything else? Want to be safe. Thanks, Christine

This brings me to another question. I’ve read where buyer pays closing costs. ( regular wholesale deals). Do I need to adjust my price to buyer to compensate for this? If I do, what are approx. closing costs?
Say, closing costs are approx. $3000? So, to keep my selling price to my buyer low enough, add $3000 into the offer to my buyer?
1. Is it customary for buyer to always pay closing costs?
2. Who is responsible for checking title?
3. If I have to use my own title co., does this mean I pay closing costs instead of my buyer?
4. Realtor help draw up contract, or do I do this?
5. When contract is ready to be signed by seller, I take to seller, not realtor?
6. When we inspect the property, we can do most ourselves, but what about the electrical and plumbing. How do you handle this?
7. I don’t need to go to closing?
8. I will be wanting to assign the deals. What’s the name of contract to use? “Standard Purchase and Sale Agreement“? ( has on it and/or assigns).
I think this is it on the questions. I hope you don’t mind. Thank you very much again, Christine

hello everyone. I'm looking for real estate agents in the central Florida area who work primarily in investments .( wholesale deals that I assign to an end buyer). Thank you, Christy