Colli Real Estate

Waiting for bank to respond pre foreclosure?

My husband and I put an offer in on a house that is being sold as a pre-foreclose.
My realtor told me that the seller realtor contact him today and told him that the seller signed the contract and said it look good to him.
So now the seller is going to summit the offer to his bank.

It does not matter how long or what the list price was.

The banks cares about how much is owed compared to the offer. They also care about how strong your offer is, how much your downpayment is.

I have been waiting over 3 months on a couple of offers. Be prepared to wait a very long time.

Real Estate Investors Marketing.mp4

The Pre-Foreclosure Property Investor”s Kit $17.81 The complete toolkit for pre-foreclosure investing Finding, researching, inspecting, negotiating, buying, and reselling pre-foreclosure properties is a lot of hard work…

Foreclosure Investing in the New Economy $27.99 These are historic and challenging economic times for investors. The common real estate investing practices of a few years ago have rapidly become inadequate when it comes to making money in today’s distressed real estate market. Foreclosure Investing in the New Economy is clearly explains the basics of investing in distressed property, bearing in mind the context of the market since the bursting of the housing bubble and the financial industry meltdown of 2008. In his accessible style, foreclosure investing veteran Kirby Cochran explains the foreclosure process and the essential strategies for making money investing in pre-foreclosure, foreclosure auction, and bank-owned REO properties. Cochran gives investors insight into the business of distressed property investing in a way that helps newcomers become familiar with the landscape while avoiding potentially devastating pitfalls. Both new and intermediate investors will gain critical skills for success as they read Foreclosure Investing in the New Economy.

The Pre-Foreclosure Property Investor`s Kit (Paperback) $33.65 Pre-foreclosure real estate is one of the hottest investment opportunities on the market. The Pre-Foreclosure Property Investors Kit offers step-by-step instruction and no-nonsense advice on how to find great deals, estimate fair market value, negotiate with sellers, sell your property on your own, and win big in real estate. Youll learn how to get the best deals on foreclosure properties before they go to auction and utilize simple ready-made worksheets, checklists, forms, and agreements that make getting started easy. Even people of modest means can get into pre-foreclosure investing—all it takes is a little hard work, persistence, and the tools youll find in this handy guide.

Tags:   flickr · myb2b.ca · photo · photography · sharingNo Comments