Comments on: I’m Selling Houses I Don’t Own…And It’s Totally Legal!

By: What's A Better Investment Strategy? Wholesaling Or Buy And Hold

What's A Better Investment Strategy? Wholesaling Or Buy And Hold — Sun, 15 Aug 2010 15:05:21 +0000

[...] I’m Selling Houses I Don’t Own…And It’s Totally Legal! Is it Illegal to Sell a Property You Don’t Own? Now before you answer that question think real hard…and I mean real hard. The answer you come up with will more than likely depend upon whether or not you have a little blue “R” on your lapel. *** Before you read … [...]

By: Barry Cunningham

Barry Cunningham — Wed, 14 Jul 2010 17:09:12 +0000

Hi Sophia thanks for stopping by and thanks for the comment. If you can get an REO at the right price go for it. Some banks are more agressive than others. It all depends. Do some homework and find out through your agent how quickly past listings went pending from the various banks you are working with. It’s pretty easy info for an agent to find out. Like les than 30 minutes for 6-12 months of data that may give you some insight into your market.

By: Sophia Bates

Sophia Bates — Wed, 07 Jul 2010 23:19:56 +0000

hi, thanks for this, I have been focusing on short sale for the past year and had been a bit scared by REO, I had heard that negotiations were often stalled for a pretty long time by banks trying to get there money’s worth. Is this the case? or is the same as shortsale that a lot of the delays can be avoided if you do your homework?