I`ve received several emails recently, asking to refer "Homeowners who are looking to sell".
These emails started arriving after i made a comment on Jeff Turner`s blog entitled:
"For Sale By Owner: Raise The Price Then Call A REALTOR®? "
In theory holding a mortgage is very risky business and can cause undue stress to those unsuspecting sellers who attempt to hold paper.
These emails started arriving after i made a comment on Jeff Turner`s blog entitled:
"For Sale By Owner: Raise The Price Then Call A REALTOR®? "
In theory holding a mortgage is very risky business and can cause undue stress to those unsuspecting sellers who attempt to hold paper.
If you`ve never done so,may I be the first to tell you don`t! Or at least speak to an attorney who is knowledgeable in Real Estate.
We`re working with a client who`s attempting as we speak to "Take Back Her Home", this is a "NIGHTMARE" for this trusting person who"Gave Away" her $300K home,in the hopes this person would purchase it!
We`re working with a client who`s attempting as we speak to "Take Back Her Home", this is a "NIGHTMARE" for this trusting person who"Gave Away" her $300K home,in the hopes this person would purchase it!
The so called buyer has suddenly defaulted and now resides in her home "RENT FREE",and doesn`t appear in any hurry to leave, why would they?!
This occurrence is happening more often,than not all over the country!
This occurrence is happening more often,than not all over the country!
Financially, this will destroy this poor women.
There are people out there who arrive with their "Happy Faces" attempting to sway those who are in dire need of help!
This blog isn`t about hiring a Realtor to assist you, this is about using "Common Sense" in a bad market where it seems more often than not the "Schemers,Liars and Cheats" look to make a profit on your home!
One email I received bragged how they get the Unsuspecting Sellers" to sign everything over with token consideration. Guess who has all the rights of your home after you sign away? If you believe for a second you do, stop now and commence seeking legal counsel.
These so called "Saviors" have no responsibility in the "Upkeep of your Home",nor will they continue paying the taxes,not to mention Insurance.
They will attempt to facilitate a "Quick Sale" and if they don`t accomplish this,they`ll move on to the next "Sucker" explaining to you, "They don`t want the home" any longer!
I`ve met several homeowners in 2007 and 2008 who have been victimized by this vultures.Try getting your home back without using an attorney.
Don`t "Give Your Investment Away" to these "Happy faces" who swear up and down they can help you!
This is the comment I left on Jeff`s blog:
"Holding paper won`t accomplish much if the buyer defaults down the road. I don`t consider this a victory for the FSBO~. Heck, I have 3 homes of my own we`re looking to sell. I get every Tom, Dick and Jojo looking for me to hold worthless paper. I`m trying to sell my homes, not become JP Morgan."
This blog isn`t about hiring a Realtor to assist you, this is about using "Common Sense" in a bad market where it seems more often than not the "Schemers,Liars and Cheats" look to make a profit on your home!
One email I received bragged how they get the Unsuspecting Sellers" to sign everything over with token consideration. Guess who has all the rights of your home after you sign away? If you believe for a second you do, stop now and commence seeking legal counsel.
These so called "Saviors" have no responsibility in the "Upkeep of your Home",nor will they continue paying the taxes,not to mention Insurance.
They will attempt to facilitate a "Quick Sale" and if they don`t accomplish this,they`ll move on to the next "Sucker" explaining to you, "They don`t want the home" any longer!
I`ve met several homeowners in 2007 and 2008 who have been victimized by this vultures.Try getting your home back without using an attorney.
Don`t "Give Your Investment Away" to these "Happy faces" who swear up and down they can help you!
This is the comment I left on Jeff`s blog:
"Holding paper won`t accomplish much if the buyer defaults down the road. I don`t consider this a victory for the FSBO~. Heck, I have 3 homes of my own we`re looking to sell. I get every Tom, Dick and Jojo looking for me to hold worthless paper. I`m trying to sell my homes, not become JP Morgan."
1 comment:
My purpose in writing the post on ActiveRain was to give real estate professionals a chance to address that real life situation with some professional advice. This certainly qualifies. Thank you.
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