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Short Sale Riches

Home › Forums › General › EHTrust/EHT Topics and Creative Real Estate Financing › Short Sale Riches

This topic contains 15 replies, has 0 voices, and was last updated by Avatar of homesavers NULL 11 years, 7 months ago.

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  • July 24, 2009 at 4:12 pm #29783
    Avatar of sstanton
    sstanton
    Member

    Hey Bill, can I take your looong, but perfect, ‘Your way – Our way’ list, convert it to a table format and send to my Realtor friend in Murrieta?

    Stu

    July 24, 2009 at 4:19 pm #29784
    Avatar of homesavers
    NULL
    Member

    @bill_gatten wrote:

    Pardon me for jumping into your little repartee Don and Cork, but let’s get something straight. We now have 45 transactions in process and 65% (at least of them will get approved). Our offers are at 85% of the the appraisal, and all-cash with immediate full (legitimate) proof of funds, no contingencies and As-Is. …

    If you can do this you can do like no other. You have no competition. It is worth giving up 80+80 percent of the profit if you can buy short sales at 85 percent of appraisal (of course that is not 85 percent of Retail Appraisal.) This in itself is a huge milestone. 65 percent approval rate is a lot better than 10 percent. I think am going to give you (NARS/TCHG) most of my California short sale properties. Thanks Bill.

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