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15 August 2016 | 5 replies
Hi everyone i'm about to buy 260 absentee lists.should i print the letters on white papers or handwrite it on yellow it on papers.
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15 August 2016 | 2 replies
I'm buying 260 absentee owner listscan i print the letters on white papers ori have to hand write on yellow papers?
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19 August 2016 | 3 replies
I'm buying 260 absentee owner listscan i print the letters on white papers ori have to hand write on yellow papers?
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15 August 2016 | 2 replies
Not sure if that's what happened, so I apologize if I am wrong.A friend of mine has reached out to me about RE and we still have to work out our strategy on paper and figure out exactly what we both will bring to the table to make this work.
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17 August 2016 | 7 replies
Regardless, I would get a paper trail going and if nothing forms within 7-14 days go to an attorney to get the ball going; your attorney fees can be spread through the other homeowners so don't be afraid to spend a little money; like another post said, you MUST protect your investment.
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16 August 2016 | 6 replies
I usually take paper applications first and then do the credit checks only if the references and such pass.
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19 August 2016 | 0 replies
We're currently holding 24 million in escrow for institution please reach out to me
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23 August 2016 | 6 replies
What this means is that no traditional mortgage company will finance the home as the 2nd lien holder so if you plan on refinancing or selling the home, you have to pay off the "program" to be able to do so.(3) Some of these "programs" have penalties attached for early pay off or transfer of loan to another.(4) The interest rates on these "programs" for these loans are high as many of them do not use credit scores to qualify people seeking the loans.Finally, there was a recent news article in my local paper about the "HERO" program [one of the green programs] which warned about using the program for these very reasons:**Beth Mills, a spokeswoman for California Banking Association, said in a telephone interview that any program that makes homes more energy-efficient is valuable, but the financing structure is problematic.
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20 August 2016 | 3 replies
How long -- Time on the market and price (reduction) are close cousins -Price softens as time moves on and motivation and reality is realizedEverything will sell at a price -The first thing I'd want to do is get the history of the property - how long on the market, why is it vacant - what's the reason for selling - is it listed - look at listingWhat is the mortgage balance - is it current or in the arrears - What other liens or obligations are on the propertyHow many owners - decision makersWhat is the commission - will agent splitAre they open to a reasonable and creative offersDo they want any profit or to just get it out of their nameCan down payment be paid over time -How much paper with they accept - delayed payments - principal mortgageWho is the decision makerHow fast do they want to settleEverything is negotiable - CONTROL IS KING - learn how to control real estate - it is a short cut to cash flow - it is the best way I know of assigning properties.Who controls real estate - An agent with a listing agreement (treat them well - they are in control for a period of time)An accepted option agreementA buyer with an accepted contract of sale with contingencies
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21 August 2016 | 4 replies
Ashley - I don't know if this is a good deal or not - but I did respond to that listing - it looks bad and empty - There could be lots of equity or lots of stress - I like in and out in a short period of time.In my opinion every property offer is a "deal" - Every property offered is or could be a good deal -The only thing that make a property a bad deal is PRICEEvery property will sell if the price is rightTime on the market and price (reduction) are close cousins -Price softens as time moves on and motivation and reality is realizedEverything will sell at a price -The first thing I'd want to do is get the history of the property - how long on the market, why is it vacant - what's the reason for selling -What is the current mortgage balance - is it current or in the arrears - What other liens or obligations are on the propertyHow many owners - decision makersWhat is the commission - will agent splitAre there open to a reasonable and creative offerDo they want any profit or to just get it out of their nameCan down payment be paid over timeHow much paper with they accept - delayed payments - principal mortgageAshley - since you exposed this property to all of us - You should see if you can get the answers to those questions above - and play the game - WHAT WOULD I OFFER?