All Forum Posts by: NA NA

I'm looking to do a study here on the market for Ugly Houses. I know there was the major campaign by homevestors, but for today's market, does anyone here buy ugly homes to fix up and resell? I'd like to look into marketing to buy ugly homes but I wonder how laughable that is. I ask because I have a unique marketing campaign imagined/lined up, I just don't want to waste my time executing on it if it is pointless, financially speaking.

Do you buy Ugly Houses, from homeowners or investors, or both? Does it matter to you?

Are most investors buying pretty houses that you know of?

Thank you all for your help on this question. I appreciate it.

Facts: Hi, I have a home that was sold on owner financing. I sold it with a land contract, keeping title/deed in my name.

The people living in the house are behind on their payments by just over 1 months. My contract is the one William Tingle uses/used, that states that the contract converts to a lease agreement if they stop paying/get behind. We have a court date set for 3/6/2012, but if they want to work a deal out to where they leave the house and sign it over to me, I'm wondering how this can be done. How do I absolve this contract by having them sign it over to me when I am the very one holding the deed? I want to avoid the evictions process, because I don't want the judge to rule my contract negated by state law that says/or may say that a note holder must publish the foreclosure for four weeks prior to the foreclosure sale. Can someone help me with this? How do I absolve the contract cleanly if the occupants are willing to absolve and move out rather that electing to meet me for court?

Thank you so much for your help.

Hey thank you so much.

Hi all. Can someone answer Raymond's question? I have the same question.

Secondly, should a 2011 form be used or is the one linked in this thread OK to use (2012)?

Thanks in advance.

Thank you gentlemen.

Jon I thank you for the swift and helpful reply, it means a lot.

I make the payments and have their payment mirror mine for taxes and insurance. Will I be giving them something separate typed up that tells them how much they paid me from say, September 2011 through December 31, 2011 in total for taxes and insurance as a different document?

Or will I include taxes and insurance on a different line on the 1098?

Thanks in advance.

Hi, I'm looking for authoritative help in the area of providing my buyers with an appropriate/professional looking interest statement that shows what they paid in the past year from the purchase date (which was in 2011) through the end of this past year. Can anyone tell me:

What to provide
How it should look
Share a sample with me
Tell me if I need to provide them with amounts they paid in taxes and insurance?
Does this matter if their name is not on the deed? I held the deed in my name and used a Land Contract where I dont' have to record anything, I believe.

I'd appreciate any direction in this area and thank you in advance.

I knew this would happen, which is why I never bought their program they were selling.

If I am correct, this should be http://www.findcashbuyersnow.com, and there is nothing about that guy or the 19 others that will be on the next episode in my opinion.

They simply bought a program that allows you to draft up a letter and send it to all cash buyers in your state or across the country. If you've bought a house via cash, then there you go. You're now in their database that people can access without having to do the work of searching for your address.

Hope this helps.

Edit: They just want you to be on their buyer's list. If you want people to bring you deals to analyze, then let them know you will be willing to be on their list of potential buyers. To get rid of them, well, just recycle the letters as they come in or find a way to hide your address when you buy a property via cash.