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Wow

If I were doing this I would probably offer something to the agent if asking an agent - however I am a lil surprised to see that statement.
The listing is gone and expired - I can't see them relisting with same agent lol.

You enter into a purchase and sell agreement just as you would if you are buying - but then you assign the contract to an investor for an assignment fee.

I read that this is not allowed in NC - just have to check your state laws.

Hope this helps.

Do you think a DWMH in a good neighborhood (clean, appears good, new homes, newer cars - new construction going on all over this area but not right in the vicinity of it) would be worth at least the tax value?

Appears brand new by just drive by. Small deck on side, very small standing area type deck of stairs in front, handicap accessible.

No near recent sales - no comps. Will be talking to neighbors to get a feel for neighborhood and realtors this next week but trying to get a basic feel for the value. It is priced at below 70% if it is worth tax value. (bank owned, not advertised)

I was wondering...I remember reading about in Florida that on average the tax value of a property is about 70% of the actual value.

Anybody know about other states?

Anybody know if it is generally true that a property is worth at LEAST the tax value - if the property is in decent shape?

I am thinking about buying a doublewide which is priced at 27K less than the tax value. (Less then 70% LTV if value is exactly tax value) We drove out to do a drive by and appears to be a pretty good neighborhood and house looks brand new from the outside - except for a handicap ramp and the evergrowing grass and weeds. This week are going to go look through the inside.

We are thinking about buying this for ourselves for now, but will be moving in near future (between a couple months to a couple years depending on if husband gets this new job or not) so we would be resale it.

We already know we can carry payments on it and a new place in the case it doesn't sell fast enough or we may owner finance it out or LO.

This area is not big enough to have comps - and yes I will be talking to some realtors. But looking at tax value compared to value - trying to get a hold on this.

Thanks for any info or opinions.

I am going to have advertising going out in a few publications with a circulation of 10M soon. I don't want to be caught with my pants down, and not be able to handle everything if I get bombarded (I want to get bombarded but I want to be ready! There is only one of me lol)

If you can buy fast with cash or with pre arranged guaranteed funds and are interested please visit:
http://www.homecashnetwork.com/investors.html

Many deals will probably come from Florida.

Thanks!

Hi Zeke,

There is one in Wilmington I found, I just have not been able to get to a meeting there. Their website is:

http://www.coastalreia.org/

How would you suggest marketing to those who are LOSING their bankruptcy protection? Do you think this is a good group to market to?

Anyone know anything about this? I have read other critique sites and such that say he is good about communicating and refunds on any of his things and such - but just wondering if anyone has dealt with him or any of his products...?

thank you navydoc and tyril.

I would like to do this myself - if the work isn't too much. It is just a matter of doing some budgeting and see if I can afford the HML payment in the event it doesn't sell fast. According to a report for my town, though the typical DOM is less than 10 days! They say there isn't enough housing for the area.

I have not found any HML that doesn't require money up front though - but I have found something else that may make it possible - depending on work needed - end equity and all...

I still need to have someone who knows if that is all it needs or not.