BiggerPockets

SA House Buyers - Who we are

Wednesday, February 16

Getting the deal

Friday, July 02

I've been advertising and getting calls over and over going out and looking at the houses. My formulas were on. My values were on but I kept losing deals to other investors.

 Well, I got tired of that pretty quickly so I decided to change my approach. Here's how I handle all leads that come my way:

1. Get all house info and do my research.

2.Price out the house and discuss my findings with the seller.

3. Tell them my price and guage their response.

4. If we're in the same range - I set an appointment to see the house.

5. Make an offer only when I know I'm in the running.

This has gotten me more deals and saved me time on driving all over the place looking at houses I know I won't get because the seller is not in the same range as me.

New information on the SAFE Act

Thursday, June 17

I just got this email:

Many of us have been very concerned about the implementation of federal legislation known as the SAFE Act that would severely limit an individual’s ability to seller finance their property in Texas.

We are working on numerous regulatory and legislative solutions to this affront to private-property owners, and have some good news to report. At our urging, the chief regulator over the SAFE Act in Texas, the commissioner of the Texas Department of Savings and Mortgage Lending, has taken significant steps to allow Texas property owners to continue to seller finance up to five transactions in a 12-month period.

More specifically, the commissioner has delayed the implementation of the SAFE Act requirement for licensure in seller-financed transactions in Texas until August 31. This will give us time to implement regulatory and legislative changes during the coming months. For now it is important for you to know that the long-standing law of allowing a Texas seller to finance up to five transactions in a consecutive 12-month period is still in effect and the Texas Association of REALTORS® will continue to work at the federal and state level to see that this is a permanent solution.

Finally, this action would not have happened if not for the thousands of Texas REALTORS® who participated in our grassroots efforts to correct this abuse to private-property owners in Texas.

Your actions do make a difference.


Sincerely,






Bill Jones
2010 Chairman of the Board

Blogtastic

Monday, June 14

I'm alsways amazed at the number of social media forms I can have going at any given time. I have about 6 blogs it seems, facebook pages and accounts, twitter, myspace....

They're all over the shop. To all you guys who have this engine down pat I applaud you. Slowly over time I should have this thing up and running but if any of you have any advice on speeding up the process I'm all ears.