All Forum Posts by: Kevin Lovill

I appreciate the info have you every used realestateabc.com. Nationwide what does the title company do exactly. How can they help me and what do they charge.

I have submitted several bids through an agent without and agent what would I need to do to submit a bid or to see the property call the listing agent. I know some properties and I'm not talking about the code box's need some type of other device to access the home. I know on several occasions I've went to look at properties without my agent and some I was not unless he was with me because he had this device. If I don't go with an agent is the listing go to try to represent me in this case isn't that called a dual agent. Without driving to the property is there a way to get the listing agents number.

Does anyone have a realistic site they use to get comps and previous purchase prices. I use realestateabc.com which seems to be a great site what does everyone else use instead of having to depend on a agent. Even though sometimes you may not be able to pull every property you request.

Wheatie when there's no agent involved where do I get a contract from. Do have a particular contract you use in this situation.

I appreciate the info and the time you take to explain these matters. You said you only deal with REO's do you get most of your info from mls.

Thanks for responding Wheatie I'll go there to continue my conversations in the future.

In the position they owe for simplicity they owe a 100k and the house is worth 100k how would you present this to the bank and say comps are around 100k for the same square footage. How would you present this to the bank and make sure you make a profit say there 10k in rehab cost then couple thousand for closing then if you had to list it with a realtor 6% at arv of 100k another 6000 now were up to roughly 18k assuming the potential buyer not asking for closing and with a minimum 10k net margin you have to offer a price in 60k to leave room for negotiating. Does this sound correct. Does bank take this info into consideration.

Thanks for all the info this very beneficial this is a great site. Once you've got the info and the homeowner respond I would assume you work together to relieve them of their situation and with their consent you look at what the property is worth and what the bank aloud them to sell the property for or is this were I would come in and do evaluation and present an offer to the bank through them or myself how does this process work.

HA, sorry about all the question I just have so many to ask. I'm ready to make the first purchase and its taken for every. Back to the courthouse answer is there someone in particular to ask for when you go there and will they just give you the phone number and address. Thats seems to be pretty confidential. Thanks for the time to ask all those other basic questions.

That makes a lot of since. So your saying even if your focusing on foreclosures or even homes listed well under tax value with good comps. that you have the most success through ads. As far as the court house is concerned do I just go there ask for the most recent defaults or foreclosures I've heard they read off the foreclosures and you have the option to buy them but, if you have you haven't seen the property how do you set up a contingency to ensure your not getting a raw deal. When you go to the court house is there room for negotiating there or is it the price they tell you. What remarks do you post in your ads and with signs aren't there laws on where they can be placed. When your looking at a deal what are the main focus points you look at to make a solid deal like rehab cost, closing, utilities, holding cost, seller commissions sorry for so many question. How do you list your properties if you do not use an agent. Thanks for you time.