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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 03 Feb 2005 14:39:08 GMT
/ Author of the message: jrf30@aol.com (JRF30) |
Title of the message: |
Re: making low offers - annoy realtors?
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Text of the message: |
<<Do you think he might be inclined to lie to a seller about the value of his property, because he is going to get an extra piece of the pie? >> No, the deals we do are foreclosure or pre foreclosure. If someone is in trouble and about to hit the courthouse steps, and the loan is low enough to allow some profit, we buy the house from (him) for $1,000 more than the loan amount. He gets out, gets $1,000 to move versus getting nothing if it hit the courthouse steps, and he saves some of his credit too. Is it worth more? Yes. that's why we buy. But, if it is going to hit the courthouse 72 hours later, he is not going to GET that value anyway. It's not like he can list it with a realtor and get more. We help save his credit and also give him a little spending money. BUt, most of the time we buy AT the courthouse steps, so we don't even SEE the seller. Not very many pre foreclosurs. Only foreclosures. |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.