All Forum Posts by: Jill H.

@Jill H. http://www.padstyler.com/

If budget allows you might try staging it.

That's a big house and people have a hard time visualizing.

Another thing too is when you show it make sure its as clean as possible, looks like the floors are dusty, maybe it's just the pics.

Your are right it is dusty!   Trying to get the bank to clean it!  thx!

@John Weidner well said.

I'm totally going to arm chair QB here for a minute :)

@Jill H. you've got some great replies here on this forum.

Something doesn't add up here on this property. Is there something wrong w/ the property?  Undesirable lot?  Water damage or something else going on here?

Can you send pics of the home that sold for 900k?  If there's a 200k spread and it *really* only needs some staging, some paint and carpet why isn't anyone scooping it up?  Have you showed it to investors and they pass?  Have you shown it to homeowners and they pass?  

As others have mentioned, what about taking on some of those minor updates and marketing it slightly under 900k?

Jill H. Try to see if the buyer agent from the sold hold can help you out. That is a very nice house for 700k, if that was in LA, it would probably he a 1500sf house in a mediocre location. lol.

@Jill H.

I'm new, so I'm confused and could use some clarification.  I did a search and found the property.  I found the listing on multiple sites for $775,000, and they all say it is active.  I also found the Hindu listing, which is also active bidding, with the highest bid being $659,000 and two days left.  I can't find a listing for this property at $700,000.  I'm guessing the price may have just been dropped, and the online sites are lagging behind?  I was looking to see any info I could gather about the neighborhood, from the limited amount you can find on the online sites.

On another note, is it common to have a property listed on the mls as well as Hubzu, simultaneously? I never knew that.

Jill, what are some of your strategies for moving your other houses? Instead of looking for an investor why not look for a home owner with an "AS IS" clause. Partner with an investor that deals in lease to own options to find the right buyer and split the profit with him. Contrary to belief there are many people in the market that can pay for a house like this and are willing to do any repairs themselves. But they can't qualify for financing due to some past issues, so all they need is time to fix the financing issue. The lease option gives them that time. Since it has been on the market for a year I am sure the home owner is willing to sell any way they can.

Jill H. Try to see if the buyer agent from the sold hold can help you out. That is a very nice house for 700k, if that was in LA, it would probably he a 1500sf house in a mediocre location. lol.

Are there any showings? What is the feedback? It almost looks nice enough that a homeowner could buy and put their touches on it, and still be below the $1m houses next door. I'm not in a high end flip position, so I am not sure why an investor won't go after it.