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All Forum Posts by: Account Closed

Account Closed has started 0 posts and replied 48 times.

Post: Would you purchase a house where a murder occurred?

Account ClosedPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 53
  • Votes 19

It is for Texas, but most likely applies to many, if not all of the states.  Google it along with Washington State Real Estate Commission.

Post: Need help finding a real estate agent

Account ClosedPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 53
  • Votes 19

I do not know any specific realtors in your area, but many properties on the fanniemae web site qualify for 203k loans.  Since this is a government sponsored web site/program, they will try to recommend realtors with experience in closing these deals.  There is a link on the web site to find a realtor.  The government makes it fairly easy to process deals for all involved, although bureaucratic - specific 203k experience is not really a requirement.  

I would also recommend a google search using "203k realtor Marietta Georgia" and you should find some possibilities.  A real estate agent is really about relationship - you have to feel comfortable.  Contact some and get a gut feel for how you might work together.  They may want a representation agreement - you can do this for a short period of time, or for several properties until you and the agent are comfortable with the working arrangement.

Post: Would you purchase a house where a murder occurred?

Account ClosedPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 53
  • Votes 19

If ever planning to list it on MLS for sale/lease, a realtor has to disclose it to buyers. Also, a seller's disclosure is required - that question is on it. If anything is knowingly falsified on the Seller's disclosure, the buyer has recourse against the seller. If the realtor knows about it , and does not disclose it, the buyer has recourse against the realtor as well.

There may be a small market interested in buying that type of property, but it is likely to be an issue. 

Post: Houston we have a problem

Account ClosedPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 53
  • Votes 19

I know the area close to yours is very good, as I have been showing homes there often.  I am interested in partnering in this area.  Let me know what you have in mind.

Post: Houston buying- advice for new investor

Account ClosedPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 53
  • Votes 19

Rentals are strong.  House sales are flattening out.

Post: Need help finding a real estate agent

Account ClosedPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 53
  • Votes 19

https://www.homepath.com/

Post: OFF MARKET DEALS???

Account ClosedPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 53
  • Votes 19

Off Market refers to properties traded among investors, and not on the MLS. Off market usually involves wholesaling in some flavor, or another where an investor puts a property under contract and assigns it to another for about a 5-7k profit, or dual closing where the wholesaler is closing on a purchase, and immediately selling it to another investor - the purpose being to make maximum profit without disclosing profit made.

Realtors can help you with both options, but primarily the ones listed on MLS. The sellers pay for realtor commissions when listed on the MLS, so it is basically no xtra cost to the buyer/investor!

Post: Houston turn key recommendations?

Account ClosedPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 53
  • Votes 19

Houton is big and appreciation depends alot on the area.  I suggest using a Realtor in Houston to help find the areas with the most potential.

Post: wholesales

Account ClosedPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 53
  • Votes 19

Try an investor friendly realtor, right here in Houston...:)

Post: Houston we have a problem

Account ClosedPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 53
  • Votes 19

It sounds like you may need a Realtor and/or new property manager to market the leases and select the right tenants.  There is a slowdown on home purchases, but leases are up.

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