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All Forum Posts by: Account Closed

Account Closed has started 10 posts and replied 139 times.

Post: Short Sale for $78k - how to proceed - Input.

Account ClosedPosted
  • Real Estate Agent
  • Orem, UT
  • Posts 164
  • Votes 49

Short sales take a long time and the bank will most likely not respond to a 70% offer. Try to see if the lender has an approved price in place or if the current list price of 78k is simply a number the realtor put on the home to try and generate interest

Post: I'm Baaaaaaaack!

Account ClosedPosted
  • Real Estate Agent
  • Orem, UT
  • Posts 164
  • Votes 49

Good to have you back in the game

Post: Need advice on taking over a "free" duplex

Account ClosedPosted
  • Real Estate Agent
  • Orem, UT
  • Posts 164
  • Votes 49

I agree - seems like a gamble definitely not worth taking my friend

Post: Selling flip with significant price increase with little work done.

Account ClosedPosted
  • Real Estate Agent
  • Orem, UT
  • Posts 164
  • Votes 49

Good luck - I run into this all the time when flipping under 90 days. Even though technically FHA has lifted this ban, lenders still hate to large increases in prices. I am open to suggestions as well!

Post: Wholesaling is SIMPLE, don't complicate it.

Account ClosedPosted
  • Real Estate Agent
  • Orem, UT
  • Posts 164
  • Votes 49

Keep it simple - I love it

Stuart

Post: Portland Connects & REIA groups

Account ClosedPosted
  • Real Estate Agent
  • Orem, UT
  • Posts 164
  • Votes 49

I agree with Jeff S. in the fact that Portland isn't the best cash flow market (like the Midwest can be from what I'm told) - but I've had luck flipping for years here.

Post: To Stage Or Not To Stage...

Account ClosedPosted
  • Real Estate Agent
  • Orem, UT
  • Posts 164
  • Votes 49

I have only staged one or two homes the past 15 years. I am not sure whether it helped or not. It definitely didn't help the home sell for such a great price or sell quickly that I believe I will always stage. But I may try it again in the future....

Post: Assigning contract-going badly!

Account ClosedPosted
  • Real Estate Agent
  • Orem, UT
  • Posts 164
  • Votes 49

Yikes! I hope everything works out for you Jean.

Post: Houzz

Account ClosedPosted
  • Real Estate Agent
  • Orem, UT
  • Posts 164
  • Votes 49

Sounds interesting. I will have to check it out!