SQUEEEE!!! - Ahem...
I put out Matt's letter, modified for myself, and sent it to 6 or 8 realtors by way of their "Contact us!" links on their websites, I also posted it to Craigslist. (Bandit signs are really not an option right now, they'd either melt nthe rain and snow we're getting, or blow away to Kansas!, but when the weather gets better, DEFINITELY!) I Got several responses, 3 of which looked promising. One of which was really on the ball and sent me a spreadsheet of current houses up for sale that where mostly 3/2, all vacant, and several actually on the market for more than 90.
So I've started putting in offers around 60% of the fair market value, knowing that the sellers asking price is their personal pipe dream of what they WANT to make on it.
New to the blog and I am so open to learning new things about Real Estate. I can't wait to explore the website and meet new people.
God Bless, Evastar
Check out this facebook page these guys are great. go to their page and like it. there is plenty more info there. www.facebook.com/pinnaclepropertypreservation
Put in 2 offers on private owned homes today ,Land contracts. Received counter offers and will continue to negotiate. This is FUN!
Just so you all know, Andy S in Florida has been a good friend and massive help to me in this endever.
Along the way so far I have met alot of good people all every helpful and giving. THANK YOU ALL john
There are a few banks out there, BoA is one, who are offering homeowners money for selling there house for them as well as offering to buy back their house. They will buy them back from the homeowners and forgive the loans, then lease them back to the homeowner for 3-5 years with the option to buy at a lower value than what they are worth provided the homeowner is earning income. This will help homeowners that are currently in trouble but will also reduce the market when it comes to available properties.