Has anyone dealt with a house that is a “short sale”?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 10-01-2012-05-2008

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Question by advisor20: Has anyone dealt with a house that is a “short sale”?
I put a bid in on a house listed for short sale – it’s in pre foreclosure. Our bid is only k below asking price. It’s been a week and I have not gotten any response from the bid. This is going to be my second time dealing with a foreclosed home and it ending up going nowhere. I’m already approved for financing. It seems like every house I look at is in foreclosure

Best answer:

Answer by Lisa L
The company holding the mortgage has to agree to the short sale so that could be the hold up. Be sure you have an iron clad agreement from the company also. The attorney handling your closing needs to be in close contact with the mortgage company involved with the sale.

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Are there any company’s like “We buy houses” that actually work? Has anyone actually used one of these?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 27-10-2011-05-2008

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Question by : Are there any company’s like “We buy houses” that actually work? Has anyone actually used one of these?
I have a house in North Carolina that I need to sell ASAP. I have moved out and all rooms are empty. Are there any REAL company’s that will actually buy your house? I need some public advice here. The house has been up on the market for almost a year now!!!

Best answer:

Answer by Landlord
They are real, you can verify any. They will pay you 60% of the appraised value of the property.

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Has anyone ever used a “We Buy Your Home” Service and had good results?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 08-06-2011-05-2008

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Question by bakerel3: Has anyone ever used a “We Buy Your Home” Service and had good results?
I am looking to sell my condo and am thinking about using one of the many “We Sell Your Home” or “We Buy Your Home” services. I am wondering if anyone has used this service before and if there is one that you would recommend?

Best answer:

Answer by acermill
When dealing with a “We Buy Your Home” companies, you can expect to receive around 80% of market value. Such firms work well for those who must sell in a hurry, but you don’t get anywhere near the value you would obtain if you sold conventionally. The profit motive for these firms is to buy them below market value and then put them on the market themselves in hopes of obtaining full or close to full market value.

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I need to get rid of my home quick. Has anyone ever done business with one of those “We Buy Houses” companies?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 03-04-2011-05-2008

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Question by nursegoodbodyandmind: I need to get rid of my home quick. Has anyone ever done business with one of those “We Buy Houses” companies?

WE have good credit and the payments are up to date, if that matters.
I’m living in a different state than the house I want to sell. It has been on the market for almost a year. I want to purchase a new home in the state where I’m living. I’m paying the bills and putting savings in the bank. This isn’t a credit issue. This is a geography issue.
The home appraised for K over what I owe last year.
This isn’t a situation where I MUST get rid of it. I just want some of my equity back so I can get a home in the state where my hus is working.
If they low-ball me, I’ll walk away from the deal.

Best answer:

Answer by Alice
I would assume that you would be making a mistake going through an outfit like that.

Here are some particularly good tips:

• Don’t fall for promises like “We’ll save your credit”; “We’ll buy your house ‘as is’”; or “We’ll get you a new mortgage with low monthly payments.”

• Don’t sign away ownership of your property (sometimes called a “quit claim deed”) to anyone without the advice of lawyer you trust. “When people get behind on their loan payments, they get a bit desperate, but the answer is not putting someone else on your title,” says Oakland real-estate attorney James Hand.

• Beware of any home sale contract where you aren’t formally released from liability for your mortgage. Also, make sure you know what rights you’re giving up and that you agree to giving them up.
From http://realestate.msn.com/article.aspx?cp-documentid=13107743

Here is some additional info on scammers who use this approach:

http://www.housebuyernetwork.com/resources/advice/HowToAvoidWeBuyHousesScams.htm

Contact a real estate agent whose signs you have seen in your neighborhood and get their advice for a quick sale.

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Has anyone purchased and used any of these Real Estate Investment programs?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 26-02-2011-05-2008

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Question by John V: Has anyone purchased and used any of these Real Estate Investment programs?
Has anyone purchased any of these ? ..much more importantly actually USED them. I am not the least bit interested in any responses from people that do not have DIRECT personal experience with these programs. I don’t want any uninformed opinions of these. Those would be meaningless and worthless.
Sometime ago I bought Carleton Sheets program and I had heard both good and bad, though I’m convinced that it is at least legitimate. I am just now going through it. I’ve also looked at Matt Gillogly’s “Business Building Secrets of Renegade Christian Investors” and Bill Vaughn’s “The Simple Man’s Guide to Real Estate”. The reviews that I’ve read of the last two are excellent. I’ve investigated and dismissed programs from about a dozen other Real Estate “Gurus” that were basically scams.
I want input (success or failures) on just these. Again, I want only actual experience from someone who has really put the concepts to work.. that have really put them completely to the test..
The first response was exactly what I said that I did NOT want. As I put in my question, such a type response is meaningless and worthless. Apparently he did not read my question completely. Incidentally and for his information, I have a Bachelors degree and 3 Professional Designations. Learning from other experts in any field is the fastest way of
getting to a higher level of success without having to waste time and doing things on a “trial and error” basis or method. That is what text books are for in “higher learning”! Thinking such as what was expressed in that response is totally flawed.. I certainly hope that the other responses will be more meaningful and valuable!!

Best answer:

Answer by BabiesDaddy
If you need these programs than you should not be investing in Real Estate anyway. If you went to school and have some common sense, you will know that all those programs are scams. Everybody has their own style and it is up to you to develope yours. Be an innovator not a follower of someone elses concepts. Good Luck!!

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Has anyone made money off any of the “Make Money Fast!” , ideas you can buy on EBAY?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 25-07-2010-05-2008

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Question by Tom K: Has anyone made money off any of the “Make Money Fast!” , ideas you can buy on EBAY?
I DON’T NEED TO BE SOLICITED!!!!!!!!!!
I was just wondering if anyone has tried any “Make Money at Home”, or any similar type programs they bought of EBAY or elsewhere, and actually had success. What was the name of the program, and how easy was it? I don’t want to be solicited or sucked into some type of Pyramid Scheme, I am just looking for general ideas, Thanks!

Best answer:

Answer by cnsone
I know for certain those who write Books with such Titles make some quick bucks. Not so sure if those who buy benefit?

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anyone use “sell your house fast” to sell their home? It is a company that will buy homes.?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 07-06-2010-05-2008

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Question by Doulachar: anyone use “sell your house fast” to sell their home? It is a company that will buy homes.?
Our home has been on the market for almost 6 months with only 1 showing…I know the market is very slow but we are ready to move…any help would be appreciated!

Best answer:

Answer by Kate
you should see http://www.BiznFin.com
try it. i hope that will help you
keep using answers.yahoo.com

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Q&A: Does anyone know of any investment companies that buy townhomes?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 01-06-2010-05-2008

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Question by Whipper Snapper!: Does anyone know of any investment companies that buy townhomes?
Since now is such a great time to buy, my wife and I want to upgrade to a single family home but since the market is so poor for sellers, we know our house may be on the market for awhile. We are in no danger of foreclosing or anything but we just want to get a bigger house.

Is there such a company that would buy a townhome that maybe rents them or something.

Any ideas would be greatly appreciated.

Oh, I did try those companies that will “buy your house fast”, but they really low balled me so that isn’t the way to go.

(Its a great looking house, near a river and next to a golf course outside of Washington D.C. by the way.)

Best answer:

Answer by godged
Any investor will low ball you on this, that is how they make their money. They typically pay about half of real market value.

You would be better off offering it for sale through a Realtor. Ask the Realtor where to price it to sell, any home will sell if the price is right.

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Can anyone explain what a “quick sale” of a house is and how does it work?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 26-05-2010-05-2008

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Question by pj: Can anyone explain what a “quick sale” of a house is and how does it work?

Best answer:

Answer by Donny
http://answers.google.com/answers/threadview?id=769390

The “quick sale” is generally used to pass real estate between family where there is NO contest as to what the contractual responsibilities would be between the parties.

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Can anyone tell me how to start a “REAL” profitable “at home” EBAY business? I need serious help & ideas.Thx.

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 23-05-2010-05-2008

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Question by brenda k: Can anyone tell me how to start a “REAL” profitable “at home” EBAY business? I need serious help & ideas.Thx.
I’ve read books, asked different people, but they all just do it to clean out their home or office as a way to get rid of junk. I am a crafter, and have been selling fabric and other craft items, with a good thought process, but after listing things for a couple of months and putting the effort into this, I’ve sold about 0 but that’s about it. I seem to be spending way more time and money than other people are and they make lots and lots of money. The people who contact me and my feedback comments speak for themselves that I know how to do it, I’m just not finding the right selling “nitch” I need to have continuous sales.
Any suggestions on finding the right products, where to find them, and any tips to turn my little at home business around with a profit??? I would appreciate EVERYONE’S help. Thanks.

Best answer:

Answer by answer
Need To Know!

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