Comments on: Three Vital Short Sale Disclosures

By: admin

admin — Wed, 11 Nov 2009 06:50:02 +0000

@Zenia: thanks for your comment!

I’m not a fan of the “90-day funding” that is done as an equity split. I’ve outlined my reasons in another blog post. I think that hard money or private money is better for any deals that require an actual hold time. Other than that, there are plenty of deals that can be done as instant flips.

Cheers,
Thomas

By: Zenia

Zenia — Wed, 11 Nov 2009 04:58:08 +0000

I’m interested in the 90-day funding. Are you making use of this already?

By: admin

admin — Thu, 05 Nov 2009 01:02:18 +0000

@Antwan: Thanks Antwan – and right back at you. Much appreciate your social networking wholesale power and connections! Cheers, Thomas

By: admin

admin — Thu, 05 Nov 2009 01:00:35 +0000

@Lee Uhmm.. sorry – this post was supposed to have been post dated for about a week , no seriously, I saw something about it, but can’t find the resource. I’ll keep looking and update this post accordingly…

Cheers,
Thomas

PS: Check this out: 9 Banks Failed End of October

By: admin

admin — Thu, 05 Nov 2009 00:47:12 +0000

@Anne Hi Anne: Great to hear from you! Excellent comment and input. The main thing is to keep everything above board and still get the deals done. It’s about numbers, attitude, respect and knowing that investors are absolutely NEEDED to work through the little pile of rubble that the banks have…

Cheers,
Thomas

By: admin

admin — Thu, 05 Nov 2009 00:44:13 +0000

@Victor Thanks for your comment! 30-day restrictions are being thrown out by our title companies. The bank either accepts our “no restriction” policy or we move on and the bank takes the bigger loss. There are enough deals to go around. We don’t waste time with lenders that want more properties.

Cheers,
Thomas

By: Loretta Steele

Loretta Steele — Thu, 05 Nov 2009 00:42:54 +0000

Thomas, thanks again on a timely and important topic regarding disclosure. Realtors and agents should be very familiar with disclosing everything during a transactions. However, we non-licensed investors need to learn about disclosure.
Loretta Steele´s last blog ..Initial Postcard Results

By: admin

admin — Thu, 05 Nov 2009 00:41:56 +0000

@john thanks for your question! In our “Syndicated Short Sales” system we are the investor buyers. OUr agents find end buyers who can be owner occupied or buy and hold investors. They typically get a new loan.

You can get funding and approval letters also at http://ShortsaleTransactionFunding.com

Cheers,
Thomas

By: John

John — Thu, 05 Nov 2009 00:20:38 +0000

You have no mention of how to sell or how to sell the home to.Once the bank excepts the offer they want prof of funds and a 30 day close .Can you supply an investor to buy the homes ?

By: BOBBY DEFRANCE

BOBBY DEFRANCE — Wed, 04 Nov 2009 22:19:42 +0000

HELLO THOMAS,IT SO LIKE THERE MAY A WAY TO GET MY FOOT IN THE DOOR,PLEASE CONTACT ME ON JUST HOW I CAN GET AN APPROVE LETTER ON ONE OF THESE DEALS. THANKS, BOBBY