9/3/2008
How in the heck are we back in the "er" months again? Geeze, this year has really flown by, has it not?
Well, let's see...the property I was talking about yesterday where I got the good counter from the bank...I ending up having to resubmit the offer because of something about it still being under auction terms, and now it's not. Or something. I don't question any of the bank's nonsensical procedures anymore, I just follow along like a good little sheeple, do what they tell me, and keep low-balling the living crap out of them. Hehe.
The buyer for the house I just got under contract called me late this afternoon (on the verge of hysteria) to let me know that while she was at the property with her contractor, she noticed that the back door had been kicked in . She is afraid someone is going to vandalize the house before closing, since the lock is now broken, and anyone can just meander on in there and steal appliances, and copper, and what have you . So...I'll go check it out tomorrow morning and see if I can McGuyver the door shut, although, I'm pretty sure that's the listing agent's responsibility?
In other news, I bought this movie over the weekend, and have not been able to get this song/scene out of my head. It's my new favorite. I think the Monkees sang it originally, and this version (well, the one that kicks in after they start kissing) is by Wreckless Eric... Me likey...
Over and out. :)
Wednesday, September 3, 2008
Untitled #1974.34
Posted by
Steph
at
9:26:00 PM
1 comments
Labels: accepted reo offers, flip reo, flip reos, flipping an REO, flipping foreclosures, flipping houses, flipping reos, how to flip houses, lowballing REOs, reo flipping, reo investing, REO wholesaling, REOs, wholesaling bank owned properties, Wholesaling REOs
Thursday, August 7, 2008
Good News. Twice.
8/7/2008
I know I already posted once today, but I wanted to give you an update....
Shortly after I wrote my last post, I got a call letting me know that the pink house deal is FINALLY ready to close. This time for real- everything is ready to go. We should get the HUD tomorrow and be able to close tomorrow, if not, Monday for sure. Then, about 2 hours after I got that call, I got a call from the listing agent on one of the deals I offered on yesterday. Out of all the offers I made, I had a feeling I was going to get this one. The bank took my offer without countering! I was a little scared at first, because I put the closing date in the contract for tomorrow, but the bank is not going to be able to close that fast (shocking), and after making calls to every wholesaler and investor I know, it looks like I have two people (both cash buyers) who want it. I haven't gotten a contract yet (I didn't find out I got the deal until about 3pm), but I'm pretty confident I can sell it fast. I'm probably not getting as much as I could if I had more time to close, but I didn't really give myself any breathing room, so I'll take what I can get....
I will be able to enjoy my vacation a lot more knowing this pink house deal is closing, my buyer is happy, and I got another deal out of the whole mess.
OK, gotta run- still haven't started packing...
Posted by
Steph
at
9:18:00 PM
5
comments
Labels: accepted reo offers, cash buyers, flip reo, flip reos, getting deals off the mls, how to flip houses, how to flip reos, how to wholesale REOs, reo flipping, reo investing
