Sentences with phrase «properties under contract»

This allows me to get properties under contract even when my offer may not be the best.

These panic home sellers are seeking a quick exit and fast solution to sell their home, they do not mind selling the property at a discount Canadian real estate investors put these properties under contract and re-sell that contract before closing which is also known as assignments.

I now have my 2nd and 3rd properties under contract in this manner.

Our firm has $ 5 billion worth of top properties under contract in western Canada, and we look forward to expanding east to serve clients located in the Toronto and Montreal metro markets.»

Say the relinquished property nets a profit of 50k and I have two properties under contract, each for 100k, which I'll keep as rentals.

Soon after I sold the rental property, I discovered a real estate technique called «wholesaling» that allows you to make chunks of cash very quickly with little to no risk, by putting properties under contract and then selling the contracts to other investors for a fee.

They put properties under contract with a contingency and focus on quickly selling the property for more money to other investors.

These types of costs you mentioned in the post are key costs that wholesalers need to factor in when ensuring the rehabber will get a really good deal and also so they won't waste time getting certain properties under contract.

In order to leverage time and get multiple properties under contract, real estate investors like to make blind offers on houses listed for sale on the MLS.

Some real estate investors specialize in getting properties under contract for the sole purpose of selling a property the same day to another investor buyer.

Real estate agents are normally motivated to get properties under contract for their clients but many confused about working with investors.

You may burn your reputation with the serious buyers if you're calling them and don't have any properties under contract or haven't closed any deals.

I mailed sellers and got properties under contract without even having a single buyer in my area.

I recall you were able to get 3 properties under contract and just curious how it worked out?

I was able to get 3 properties under contract in my 1st and 2nd month of ever whoelsaling, each one profitted me 10k.

The Squyres built a new niche website at www.FarBelowMarket.com telling their personal story and featuring properties under contract that were ready for other investors to rehab and flip.

Flippers are looking to make a quick turn around sale to earn cash fast, while wholesalers get the properties under contract and then sell them to investors for profit.

«I told buyers just to be patient,» Warsing said, noting a number of deals may be delayed as a result of lenders requiring re-inspection of properties under contract.

Currently, the company has approximately $ 500 million of properties under contract or with an accepted offer and an additional $ 150 million of properties being marketed for sale.

So you never put the property under contract... you just let your buyer know about it, and if he wants it, let him close, and he pays you a fee?

It would be highly unusual for a lender not to postpone with the property under contract for a number close to the market value.

Borrowers who don't already have a property under contract and intend to be making offers soon will have a greater chance of having their offers accepted if they also submit a pre approval from an experienced hard money lender.

So you never put the property under contract... you just let your buyer know about it, and if he wants it, let him close, and he pays you a fee?

I got a property under contract, and then I found the buyer and did a back - to - back closing, because the HUD won't allow assignments.

You do not need to be in Belize to place a property under contract or to complete closing.

An assignment is when you put a property under contract and then assign the contract to an end buyer for a fee - that is essentially what wholesaling is.

once i get the reo property under contract with the bank how do i close the deal with my end buyer please help

As far as the mechanics of the deal goes... you would put the property under contract using a purchase and sale agreement that would be signed by you and the seller, then once you find an end buyer you would use an assignment of contract agreement to assign your rights in the contract over to them.

When you put the REO property under contract before you market to cash buyers, don't you have to present an EMD (cashier's) check with the REO offer?

Once I get the property under contract, I simply assign it to my end buyer.

So, if you put a property under contract and assign the contract to another investor or an OO, that's wholesaling.

That is, either calling them and asking if they would like to be on your buyers list, or even, once you have a property under contract, if they would have any interest in buying the property?

You should absolutely have a repair estimate going in, but you want to verify your estimates after you get the property under contract.

When a landlord has renters that he doesn't want to inconvenience with multiple showings, he or she may wish to hold off showing the inside until they have the property under contract.

Likewise, if you put a property under contract, purchase and resell it (with either a simultaneous or double close), that's also wholesaling.

Recent sales similar to the property under contract, that appeal to the same market segment, and that are in the same or a similar location are comparables.

Scoping the sewer line or any other inspections would be done after you have the property under contract during the inspection period (which is usually the first 10 to 15 days of the contract) while your earnest money is still refundable.

I have done some research on pine financial group and red dirt lending and they will only lend to you or take an application if you already have the property under contract which I assume means have a signed purchase agreement.

I got my second property under contract with them this month so hopefully things continue to roll!!

The realtor looked puzzled when I was looking to get the property under contract.

Your first goal, as an investor, is get the property under contract.

I put the property under contract and assigned to the end buyer.

I would like to use a private / hard money lender to help me fund future deals but all of the hard money lenders i've researched require you to already have the property under contract.

I have this multifamily property under contract - a quaduplex - for $ 378.5 k. I've listed comps at the bottom to show that this is a good price for this property.

And don't get a MLS listed property under contract just below the listed price and send it to your buyer's list at a price above the MLS price.

I've dealt with that once when I got a property under contract, that the D.A. was trying to seize, because they had indicted a mortgage scammer.

It was a VERY long process to get the property under contract and to eventually close the deal.

1 property under contract The letters did great at getting people to call, but like others have said... not too many truly motivated sellers.

Most important make sure you have the property under contract with the seller (owner).

Yes the other way is getting the property under contract, finding a buyer, marketing the property to said buyer and flipping the contract to that buyer without a license or taking title which is what is being disputed around here.