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All Forum Posts by: N/A N/A

N/A N/A has started 6 posts and replied 14 times.

Post: Notice of Default

N/A N/APosted
  • Posts 14
  • Votes 0

Thank for your reply!
Info . is very helpful. I currently have a foreclosure list in my possession, and i see all the trustees names on there. What is the best way to approach them?
Can i not just speak with the H/O?
I am looking to wholesale property....got the list..but im not sure what to do next. i would like just to go speak with the H/o if they are still there. And if they are can i still set up a deal with them directly? Or do i have to go through a trustee?

thanks
E :superman:

Post: Notice of Default

N/A N/APosted
  • Posts 14
  • Votes 0

I am wanting to know if anyone can tell me where exactly to find these records. I have looked and researched my local tax appraisers office, and they tell me the foreclosures are public record on their site. See i live in Texas, and there is no such thing as Pre-Foreclosures. But i am wanting to find the properties listed before Foreclosure... i only get 21 days notice before the auction sale here in texas...there has to be a better way. Am i stuck with the 21 day time frame? I would like some time to talk with H/O before it is declared a foreclosure.

What is the best way to find the NOD's as they would call it here in texas?
Am i looking in the wrong place or perhaps talking with the wrong dept?

Thanks for listening to me wine about this..LOL

Eagle :help

Post: I'm looking for short sale audio

N/A N/APosted
  • Posts 14
  • Votes 0

Thanks For sharing that good info!
I will do that.

Thanks
Abel :beer:

Post: I'm looking for short sale audio

N/A N/APosted
  • Posts 14
  • Votes 0

Hello everyone, i have recently become interested in short sales. I think this can be very lucrative. Does anyone know of, or have any good short sale audio they can share. I want to download and listen to in my car.

Thanks A million! :beer: E1

Post: Shortsale Paperwork..please help

N/A N/APosted
  • Posts 14
  • Votes 0

wanted to see where exactly i can get all paperwork for possible short sale??
I have the authorization form...but thats it.

Can somebody point me in the right direction?

Thanks in advance!
Abel :cap:

Post: Clarification on using a realtor

N/A N/APosted
  • Posts 14
  • Votes 0

Hello all!
I have a question for anyone that is willing to help. Is there any use for a realtor in wholesaling??
Every house i look at ...or at least the majority have a Realtor sign outside! Can we as wholesalers use a realtor to our advantage??
i know that it is illegal to pay them any kind of commission on any particular deal, but that is as far as i know. How can we use them besides having them look for comps, DOM, asking price etc... I see too many houses that have a realtor sign in front. There has to be a way we can use that. Anyone have any success with realtors??
I have a person who contacted me and says she is a realtor and is going to be leaving to become an investor, and she says she has access to mls, and knows where the deals are.
Any help would be great!

Abel

Post: Escrow account good or not?

N/A N/APosted
  • Posts 14
  • Votes 0

ok so earnest money is not a requirement, and if it is deposited in an escrow account...once the property goes to closing that money goes to the seller right?
I guess if i were a seller and someone told me and showed me the earnest amount they are putting up front for consideration of the property, i would wonder why so little....of course i want to sell the :badwords: house , and get on with my life.
What is the whole $10 deposit i hear about all the time being deposited for earnest money?? 10 the magic number...a rule......or tom does it, i will do it?
I guess i am lost on that practice.

Abel :help: ------- funny!

Post: Escrow account good or not?

N/A N/APosted
  • Posts 14
  • Votes 0

Hey guys i appreciate the advice!
I'm throwing a bunch of what-ifs out there . I do understand that doing my DUE DILIGENCE is very important. In fact the most important i think. I was informed by people about setting a escrow account up as a way to show seriousness in the property for the seller.
Now jorge says he puts in as little as $10 in an escrow account.....how do u get away with that? Isnt that money looked at as a 'good faith payment'? LOL, dont get me wrong i am all for little as possible from my pockets...since there is little in my pockets! Hows is that possible? Doesn't the seller see and even sign on the escrow account you are setting up? 'Why are you only giving me $10 for your time in case it falls through".I can just hear it now. :violin: Anyway...give me a idea of how that works please!

aBeL :D

Post: Escrow account good or not?

N/A N/APosted
  • Posts 14
  • Votes 0

ok understood, now if something does go wrong...which i cant please everyone, what do i do?Split the money to avoid a law-suit?LOL Really i dont want to have to lose any money on the deal because it went south, but i dont want to ruin my reputation. Has anyone had this problem before?

Thanks!
Abel

Post: Escrow account good or not?

N/A N/APosted
  • Posts 14
  • Votes 0

i live in texas, and i was told not to set up and escrow account, because of possible differences between myself and the seller. Since the seller and I have to sign for it to redeem it. I understood that it was a good idea to put earnest money into an escrow account . What would be the reasoning to deposit money into an escrow account??
Also is this common practice in wholesaling?
im just trying to understand why i would want or not want to do this.

Thanks to all that reply!
Your response really helps! :D
Abel