Trying to sell
your home can be a Nightmare! However, after reading this Special
Report, you may very well have a qualified buyer within the next
24 hours. . . us! While we cannot promise you we will personally
buy your house, we can give you some creative techniques that will
work for you.
First, we are not real estate
agents, but private individuals, like yourself. We have been in
the business of privately leasing, buying, fixing, marketing and
selling houses for ten years.
People who have never tried
to sell a home themselves just don't seem to understand all that
is involved: The details, the time, the waiting, the ads that never
seem to make the phone ring; having strangers walking through your
house, criticizing your interior decorating tastes. It can be a
much bigger hassle than you ever thought possible. . . in fact,
it can easily turn into your worst nightmare!
It can't hurt to list with
a real estate agent or broker. However, most real estate brokers
simply "list" your property. This means they stick it in the multiple
listing computer and wait for a bite. The first problem with this
method is that there are thousands of other homes in the computer
that read just like yours. The second problem is that most Realtors
list your property at a price that is unrealistically high. They
do this because: (1) they need room for their fee, and (2) they
need room to counter offer when another realtor presents them with
an offer. The bargaining goes back and forth, time goes by, the
buyer needs to inspect the property, the bank rejects their loan
application, blah, blah, blah - six months later you are back where
you started.
You may have tried the "For
Sale by Owner" route: you buy your sign, place ads in the paper,
show your home, you wait. You call back the "lookers" and leave
messages on their answering machines. They make appointments to
see your house, you wait around all weekend, and half of them don't
even show up! Frustrating, isn't it? Can you tell we have been there?
Back to square one, with a house and a mortgage that won't go away.
What if I told you we wanted
to buy your house? In fact, we may very well close with all cash.
No problem with the non-assumable loan. No problem catching up on
payments in arrears. We can probably wrap up the whole thing within
24 hours. Would that perk you up a little?
We don't know how much you
owe, how much it's worth, or any of that. We can handle those details
when you call. When you call us and give us the facts, we'll either
tell you on-the-spot we can't help, or we'll give you one or more
offers that will work for you . . within 24 hours!
Our company buys and sells
property. You might say that we are investors. With your property,
we'll probably structure several options that will work for you,
and let you choose the one that best suits your needs.
You see, we have found we
can make a profit on homes that even real estate agents have passed
up, because we have more patience, more creativity, more solutions
and because we personally handle the whole process. Most real estate
agents only know one formula (slow!): stick it in the multiple listing
computer, wait for an offer, counter-offer, contract, inspection,
20% down, buyer gets a loan, close in 90 days, agent gets 7% fee.
That's how they make a living , and they wouldn't do it any other
way.
When we agree with you to
purchase your property, we take it seriously. We treat your house
like it' our own. We brainstorm day and night to think of creative
ways to move it quickly, so . . . you can get on with your life!
HERE'S
THE GAME PLAN TO SELL YOUR HOUSE QUICKLY . .
OPTION #1: ALL CASH
AT A DISCOUNT
Lets face it, if you want
to sell fast, you have to sell at a discount. That's how the supermarket
moves 500 cases of tomatoes that are about to go bad. You don't
have to let someone "steal" your house, but you must be willing
to reduce your price to attract an all cash buyer. By "all cash"
I mean someone who won't sign a contract that is contingent upon
some bank giving them a loan. It means they have access to CASH
and can close quickly.
We may be able to do that
for you. We have paid all cash for homes many times and continue
to do so. Maybe the "all cash" will be a split-payment; that is,
some at closing and the rest within a year. This works well for
many people who need some, but not all of the cash right now. It's
called "split-funding" and it's been done for years by sophisticated
real estate entrepreneurs. Don't bother asking your realtor, because
they don't see this kind of stuff every day. Ask guys like Donald
Trump.
OPTION #2: SELLER-FINANCING
In this case, you'd be like
a bank. You'd collect monthly payments for your equity . . like
an annuity. Obviously, you could spend the money as you wish, pay
bills or bank it. This method will work for you if you wanted or
needed more income, wanted your price and needed a quick sale.
This scenario is particularly
advantageous if you owned the property a long time and it has increased
in value. If you sold for all cash, you may be subjected to severe
capital gains tax. On an "installment sale" you are taxed only on
the cash you receive each year. You may want to ask your tax advisor
if this is the case. If you need some money now, we
can also structure the sale to give you the cash you need now and
the rest later. In some cases, this will result in your getting more than your original purchase price.
How about if you have no
equity? We have a plan for you even if this is the case. As long
as you are willing to let the loan remain in place for while, we
can help. We have several creative ideas that will work for you.
We have bought many homes
this way as well. We are flexible on price, down payment, terms
and monthly payments. We can tailor our program in any way that
will work for you.
OPTION #3: LEASE/PURCHASE
The lease/purchase or "lease/option"
is another effective way to move your property quickly. We will
lease the property from you with an agreed upon purchase price that
is good for the term of the lease. We will find a suitable tenant/buyer
whom we will pre-qualify and sublease it to them. When our tenant/buyer
is ready to qualify for a loan, we buy the house from you for all
cash. In the meantime your mortgage payment is covered. The best
part is, your loan doesn't even have to be assumable for this to
work for you!
Here is a typical situation:
A man named Joe) from L.A. decided to relocate to Dallas. He rented
his house to tenants whom he thought were responsible. Six months
later, the tenants vacated the house and left it a complete mess!
He considered using a realtor, but he would still have to make the
$1050/month mortgage payment while the house was vacant. Furthermore,
he would have to pay thousands of dollars to repaint the house and
replace the carpets.
Joe called and told us the
situation. We agreed that we could lease his property for two years
with the right to buy it at an agreed upon price. We explained that
we intended to find a qualified tenant who would immediately sublease
the property from us until they were ready to buy. We cleaned up
the house and immediately began looking for a qualified tenant/buyer.
Frankly it was easy! You see, in this business we develop files
on qualified buyers looking for houses. So we simply began calling
some prospective clients, knowing that this house met their criteria.
One couple wanted to see it right away, so we met them at the house
that afternoon. It was a "done deal".
We immediately began walking
them through the details required for getting loan approval (they
had some credit glitches which took awhile to work out). During
this process, we subleased the property to them, covering Joe's
mortgage payments. Sixteen months later, we bought the property
from Joe and sold it to the tenants.
From this example
you can see the many benefits a lease/purchase can provide you,
including:
- Immediate
relief from mortgage payments
- Guaranteed no vacancy
- No need to severely discount the purchase price
- Possible tax deduction (since the property can be treated
as a "rental" for tax purposes)
- No more tenant and toilet worries
You may be thinking to yourself,
"how can I trust these people with my house?" Good question. We
can understand your concern. Just give us a call - if you don't
feel comfortable doing business with us, we won't be offended. We
want you to be confident and be able to sleep at night without worrying.
OPTION #4: -CONVENTIONAL
FINANCING
If you require someone to qualify
for a new loan, we can do that also. However, we will need a reduction
in price from actual value.. Really, the bottom line would probably
be the same since you are not paying a Realtor. Since we are in
the business, we develop files on buyers looking for houses. Some
of these buyers are not comfortable dealing with Realtors or dont
want to pay a commission. We can also be flexible about closing
dates since we are not going to live there. Maybe you need time
to find another place to live.
OPTION #5- SHORT
SALE
This is when the bank agrees to
take less money than is owed on the mortgage. When markets trend
down and prices decrease, many people find themselves in this unhappy
situation. What happens when you need to sell and no one will pay
you the amount needed to pay off the bank? This is where we come
in. We have lots of experience negotiating with banks, and know
just the right words needed to convince the bank that taking less
than what they are entitled to is cheaper than taking back the property
in a foreclosure. The only negative about this is that banks will
not entertain the concept of a short sale unless the seller is behind
on their loan and can demonstrate true hardship. Is this your situation?
If so, give us a chance to work things out with the bank so you
can get out from under and get on with your life.
Want to do it yourself?
There are several ways you
can take advantage of our expertise in this area. First, if you
have the time and patience and every dollar is important, you can
hire us as consultants and we will hand hold you every step of the
way through the process. The second option is doing a cooperative
assignment. We will structure the deal, find the tenant and divide
the up-front money. The last option is: If you are willing to give
us a break on the price (we don't have to steal it) we will find
the tenant for us , and stay in the deal until the tenant/buyer
actually buys the property. We will handle all paperwork, manage
the property, guarantee all rents whether occupied or vacant, take
care of all repairs at our expense, and only call you when we are
ready to close. This plan is for those who don't relish the "tenants
and toilets" routine, and want to get on with their lives.
I know this is a lot of information
to digest at once, but if you're still with us at this point, chances
are you're interested in doing whatever it takes to get your house
sold quickly! If we can't do business together, that's o.k.. We
honestly believe you'll be pleasantly surprised when you do call
. . . we specialize in solutions! By calling, you give us the chance
to be your solution. Give us a try.
ATTENTION
REALTORS:
If you have a listing that is about to expire, or is overpriced,
contact us to learn how to take advantage of our creative solutions.
For more info: call Phyllis Rockower,
President, Flamingo West (310) 792-6405, or email phyllis@realestateclubla.com