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Hey man, what price do you want for that. Anything under 60c and I will take it. Send me an NCND, I am writing my LOI right now and calling my bank president to prepair a POF. I like that one. I might even move in that one myself.
:lol: :lol: :beer: :beer:

Edited: 06/26/2010 at 05:22AM

Stephen McKee

Real Estate Agent · Redlands, California

320 posts
1118 Influence
2 Awards

Icon_minipost Jun 22 '08, 07:07 AM

Sure Tim,

My property isn't lake front it's lake on. You'll never get closer the water than this. With some paint and a little bit of elbow grease it could be a well polished turd. Be sure to send that NCND too. The 14 brokers I have to go through to sell this thing will want it before I submit your offer. Price is 30+12. BPO is only 6 months new. Oh, I almost forgot...there's no map to it either. One of the 12 brokers has seen it at one point I am sure. Just sign this MFA and I'll be sure to ask. It's a maybe but that's better than a no. What else are you going to do with the next month of your life.

Edited: 06/26/2010 at 05:23AM

Christopher Lippincott

Real Estate Consultant · Little Town, Oklahoma

690 posts
382 Influence
2 Awards

Icon_minipost Jun 22 '08, 07:36 AM

I'm curious to see what the appraiser would say regarding an ability to catch dinner from the kitchen itself?

Comps are tough to come by but one of these condos seems to have a similar Sq' and floor plan

If you ever wondered what a 33 +3 looked like........that's it!

:beer:

Edited: 06/26/2010 at 05:23AM

Marlow Martinez

Residential Real Estate Agent · San Diego, CA

26 posts
1 Influence
1 Award

Icon_minipost Jun 22 '08, 08:01 AM

...

Edited: 06/26/2010 at 05:23AM

Stephen McKee

Real Estate Agent · Redlands, California

320 posts
1118 Influence
2 Awards

Icon_minipost Jun 22 '08, 08:13 AM

Are you saying that ordinary inventory is being tied up prior to the manditory 72 hour MLS rule and not being offered to the public. We have relationships with all three of the banks you mentioned. Not one of them has allowed us to do anything of this nature. Can you tell me who I need to talk to so I can make this same offer in the IE.

Edited: 06/26/2010 at 05:23AM

Marlow Martinez

Residential Real Estate Agent · San Diego, CA

26 posts
1 Influence
1 Award

Icon_minipost Jun 22 '08, 08:42 AM

Edited: 06/26/2010 at 05:23AM

Juan Michael

Real Estate Investor · Los Angeles, California

138 posts
334 Influence
2 Awards

Icon_minipost Jun 22 '08, 08:48 AM

Steven & Christopher ..... You guys are wrong :D

Marlow...... Shoot me an email ... Let me se what you got.

However !! Chris.... I would be more apt to believe your 33+3 :superman:

Edited: 06/26/2010 at 05:23AM

Christopher Lippincott

Real Estate Consultant · Little Town, Oklahoma

690 posts
382 Influence
2 Awards

Icon_minipost Jun 22 '08, 11:23 AM

Originally posted by "m1marlow"

My relationship with the bank is also allowing me to procure small, VERY small pools of homes. Anyone whom is interested , and pls dont inquire if you are looking in the 30s, 40s, 50s and 60s. I am talking a pool of 5 to 10 homes tops at this time. Pricing is 75% of BPO take or leave.

Just curious,

http://sandiego.craigslist.org/csd/rfs/729077142.html

Why don't you know the pricing in the craigslist ad?

Edited: 06/26/2010 at 05:23AM

Stephen McKee

Real Estate Agent · Redlands, California

320 posts
1118 Influence
2 Awards

Icon_minipost Jun 22 '08, 11:46 AM

Good to hear Marlow. I'm going to call all of our banks " 17" and ask about this. I'll be sure to use your example as a reference. My senior broker has a 20+ year relationship with at least half of our accounts. If they are willing to do this then I'm going to get much richer much faster.

Edited: 06/26/2010 at 05:23AM

Bryan Silver

Real Estate Consultant · Magic Kingdom, Florida

136 posts
427 Influence
2 Awards

Icon_minipost Jul 07 '08, 10:52 AM

Hey m1marlow,

I am about 3 weeks out from your initial posting. I wanted to know if you can provide an updated list of unlisted REO properties? If so, can you send me a list?

By the way, is loan modification possible with any of these deals?

_____________________________
Bryan Silver
Silver Investments, LLC
bessilver@yahoo.com

Edited: 06/26/2010 at 05:28AM

This post has been hidden.

Lance Bellamy

Real Estate Investor · Murrieta, California

101 posts
25 Influence
1 Award

Icon_minipost Jul 24 '08, 07:03 AM

i am the mandate for my reo bulk buyer. My buyer is looking to buy out here in the west coast. I ll pm you my infor

Edited: 06/26/2010 at 05:34AM