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23 January 2025 | 3 replies
Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure.
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27 January 2025 | 0 replies
The other challenge is selling it, there is a smaller buyer pool for hospitality in a small market but that was known going in Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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23 January 2025 | 2 replies
There are a few options(1)You can get connected with the larger wholesaler firms in the area (2) go through PCPAO site and skiptrace the buyers of similar properties as yours, (3) hunt down the agents involved in the sale of properties similar to yours or go to local REI meetings and pitch it to the investors there.
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29 January 2025 | 10 replies
Lower property taxes, affordable housing compared to LA (CA buyers are usually cash buyers because what they net from their smaller home in CA can get them a bigger home here, often covered by what they net from their CA sale), allergies (smog), and politics.
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2 February 2025 | 10 replies
I suggest you start with developers in your local area (your county and neighboring counties level) because they would be your most likely partner or parcel buyer.
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24 January 2025 | 6 replies
In either case, the longer a property remains on the market, the more motivated the seller often becomes to offload it.Savvy buyers understand this and often target properties that have been listed for three months or more.
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22 January 2025 | 2 replies
This trend has continued since 2024, and buyers absolutely love them.
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31 January 2025 | 2 replies
I actually am working with a buyer right now that wants me to manage his house hack.
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16 February 2025 | 28 replies
Same with Myers home buyers, they put out alot of good homes too.
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31 January 2025 | 11 replies
Having a famous former owner can add value, but it really depends on the person and the buyer pool.