All Forum Posts by: N/A N/A
N/A N/A has started 1 posts and replied 3 times.
Thank you all so much for your responses! I'm SO skeptical about this deal because it sounds too good to be true, and I'm leaving no stone unturned. I'll let you know how it turns out.
Hi,
Thanks for the reply! I have 9 comps and a bank appraisal, I have the cash to do the transaction, and we are not close to auction yet. I'm assuming an attorney specializing in real estate law/transactions would be best.
Is that really all I need to do - Contact an attorney to help with the paperwork?
Hi,
I'm new to real estate investing. My husband is a general contractor, and I just began real estate sales courses. We've recently found someone interested in selling us their house (it's in pre-foreclosure) at 60% below market value in exchange for some of their equity in cash. What next? Do we need to consult a realtor? If not, how do we go about purchasing this house? Is a simple real estate contract sufficient?
Thanks in advance!
Angela