New Western Acquisitions

9 Replies

Has anyone dealt with this company successfully? They sold me a house that was supposed to need "minor" repairs, but instead required over $30,000 of foundation repairs, $45,000 of interior repairs and has been sitting empty for 3 months due to a termite infestation they failed to notice.

Rebecca Paulsen, Mawty, Inc. | [email protected] | 612‑868‑0044

Disclosure: Customer Support

Rebecca,

My name is Ashley and I am with New Western Acquisitions customer support. I am truly sorry to hear that you have had this experience and I would like to find out a few more details as to what happened with this deal. If you wouldn’t mind, could you send me a direct message so we can come to a solution?

Our goal at New Western is to provide you the very best deals. Of course, sometimes, there are certain aspects that can come out of the woodwork (no pun intended) after the deal is closed, that is beyond anyone's control. Sometimes rehabs like these can take a turn for the worse, as one problem is fixed it can cause another to arise. However, I want to make sure that you are a satisfied customer.

I look forward to hearing from you, and if you would rather email than direct message through this platform, you can always reach me at [email protected]

Thanks Rebecca, hope you have a much better day,

Ashley.

Disclosure: They have been a client of mine. I know their execs.

I know them (their CEO and other execs) and they are definitely a legit company, but I cannot speak to your particular situation.

I gotta say that I'm impressed that Ashley popped in here with a brand new account to address your concerns.  They are certainly on top of things.  I hate the hear about the problems that you encountered with the property and hope they are able to assist you with your situation.

Medium wbh square logoDev Horn, We Buy Houses® | [email protected] | 877‑932‑8946 | http://webuyhouses.com/profile/arlington

Rebecca,

This follow up is long overdue but glad we worked this issue out and could address your situation via direct contact. I'd like to thank you for making us aware of the situation and the great feedback you provided as well. Your input significantly helps us improve our company and processes.

Originally posted by @Ashley Jones :

Rebecca,

This follow up is long overdue but glad we worked this issue out and could address your situation via direct contact. I'd like to thank you for making us aware of the situation and the great feedback you provided as well. Your input significantly helps us improve our company and processes.

Just curious how (specifically) the issue was addressed and worked out?  The OP indicated that she was told minor repairs and ended up with a $75K rehab and termite infestation -- not sure how a wholesaler remedies that kind of issue?

Yes, how did that workout for the woman with the original post.  I met with a agent in the Tampa Florida office this past weekend and all seemed good.  Need to see the properties they provide and will know better in the coming weeks/months how workable the deals are.

@j scott, quick shout out to J Scott love the books...reading them now (love your logo, who did it?).

Sometimes there's no replacing good ol' sweat equity for finding your own deals.  New Western looks like a way for those with less time (work full-time job) to be able to get deals... however finding them by targeting 5 or 6 solid subdivisions (depending on how large they are) will always keep you in control of the whole deal: focus-focus-focus on an area!!! I gotta keep reminding myself.

@Jose Harvin I am glad that you had an informative visit with my associate here in the Tampa New Western office. You bring up a great point about our product being suited for people who do not want to spend the countless hours tracking down properties themselves. Marketing takes a lot of valuable time and effort away from actually investing. I look forward to connecting and following your success.  

The down side of using New western is that once you sign the contract and give them the earnest check you have no due diligence period and because the market is so hot now if you postpone signing the contract until you do your due diligence the property is gone, most properties don't last a full day, for that reason I think they are more suited to full time experienced rehabbers.