Thanks for stopping by and for your comment. As you found out…you really need to protect your money in this new real estate marketplace. As for a beginner’s investor course, our entire site is an investor’s smorgasbord…but we do have something cooking that you might like…stay tuned…we’ll be talking about it in the next week to 10 days.

The only time one of my buyer’s had to give a larger than usual initial deposit was for a foreclosed property and it had to be a certified check. Then the deal fell thru and it’s taking weeks for them to get their money back. Another lesson learned is this “new” market!

BTW, how do I get started in taking one of your beginner investor course??? I just “stumbled” upon your website recently.

-Carmen

The scam comes in when Realtors tell you that you MUST have a sizeable deposit in order to present a contract. Especially with REO agents. The wholly BS statement of “show good faith” is tired. We’re in the liquidation business and we buy cash and present a verifiable proof of funds. At least they are beginning to get it right with short sale offers.

Like we said in the video..homeowners don’t care whatsoever. Now I may even understand if it was a Seller’s market like it was years ago and no one wanted to take a property off of the market…but we know those days are long gone.

Have a great weekend and please visit again real soon!

Bought your short sale course, great product.

If you want to piss off the “investor” you’re buying from, you can have the earnest money to be held ” in like kind “, i.e., a check. Not cashed, just a check. Or better yet, a sight draft.

It still ties up the property, I’m told. I never felt the need to resort to this.