All Forum Posts by: Thaddeus House

Hey, I am studying online for my Georgia Real Estate License. Is anyone else currently enrolled in Georgias Real Estate Course?! LETS CONNECT!!

Has anyone filed a Dispossessory lately? If so, can the county you filed the Dispossessory be accessed online? Please provide the case number and county. Thanks!

@Isaac Moore what is the role of your acquisition agents? How do you pay them? Thanks

I met a wholesaler at the court house collecting leads. He is new to the wholesaling industry and was looking for guidance. He was connected with a couple of of wholesalers but when it came down to buying a property/assigning the property the wholesalers he was partnering with stoped answering the phone and became unavailable. The wholesaler (Tim) that originally found the deal said that they (the original team) had a Purchase Sale Agreement signed between the son. However the property is owned by son and father. Wholesaler Tim stated that the previous contract is void because only the son signed it. Now the wholesaler Tim has the purchase sale agreement with both the father and son signatures. He needs help selling the deal. Before I start marketing the deal to my list of buyers what do I need to to do to make sure the deal is sured up and that we don’t have to worry about it being stolen. The wholesaler Tim said he has the keys, the purchase l contract, and the buyer is motivated due to old age and financial hardship to sale. We have a partnership agreement stating how we will split assignment fee.

🚨 ANALYZE DEAL ALEART!! 🚨

Location: Clayton County

Less than a mile from public transit

2 miles from Elementary, Middle, and High School

Reason for selling: Seller is motivated because her husband passed

Bought the house in 2002 refinanced in 2009

Remaining Balance on Loan $112 Monthly Mortgage is $977

House 2100 sq

Comps in the area 95k

Seller has 5 other rental properties she wants to continue to maintain.

House Zoned PUD

Cash offer pending talking to the bank about a payoff settlement.

Lease Option Declined because seller can do that in-house.

House was recently delisted. Was on the Market 61 Days. No offers.

What can be done to help this seller? 

ANALYZE DEAL ALEART!! Location: Clayton County Less than a mile from public transit 2 miles from Elementary, Middle, and High School Reason for selling: Seller is motivated because her husband passed Bought the house in 2002 refinanced in 2009 Remaining Balance on Loan $112 Monthly Mortgage is $977 House 2100 sq Comps in the area 95k Seller has 5 other rental properties she wants to continue to maintain. House Zoned PUD Cash offer pending talking to the bank about a payoff settlement. Lease Option Declined because seller can do that in-house. House was recently delisted. Was on the Market 61 Days. No offers. What can be done to help this seller?

🚨 ANALYZE DEAL ALEART!! 🚨 Location: Clayton County Less than a mile from public transit 2 miles from Elementary, Middle, and High School Reason for selling: Seller is motivated because her husband passed Bought the house in 2002 refinanced in 2009 Remaining Balance on Loan $112 Monthly Mortgage is $977 House 2100 sq Comps in the area 95k Seller has 5 other rental properties she wants to continue to maintain. House Zoned PUD Cash offer pending talking to the bank about a payoff settlement. Lease Option Declined because seller can do that in-house. House was recently delisted. Was on the Market 61 Days. No offers. What can be done to help this seller?

Congratulations!!

Thank you to all who has answered the question. Thank you for having the forethought to ask this question.