All Forum Posts by: Norberto Villanueva

Per Floss Law's legal opinion, perhaps they are indeed fraudulent. And now confirmed, I didn't know RVM's were no bueno! Great post!!

At least in Colorado, real estate purchase agreements are entered into Caveat Emptor. Latin for buyer beware, anything not in writing is purchased as-is. But this cannot cancel the buyer's right to terminate based on any number of reasons including inspection items.

Best, and most commonly resolved (negotiated) in an Inspection Resolution process that seeks to amend the default as-is purchase agreement (contract), it is incorrect to conflate the two, as was alluded to in the article's conclusion.

First, I am not an attorney. With all due respect, I disagree that any renegotiated contract is a novation. Where the inspection scenario you mentioned may require an amendment to commemorate any renegotiation, that is not the same. A novation literally voids the original contract.

Targeting 100% seller financing for your very first deal, it seems you went up a rung or two too high on the ladder. Why not acquire your list(s), polish your script(s) (foreclosure, divorce, etc.) and set your sights on the first rung, an acceptable fast, cash offer! Rinse, repeat, and build a reserve so you're ready for that seller-financed deal, if and when it comes. They are not that prevalent, at least not yet, especially not in markets that still lean toward sellers, which seems to be the case in New Orleans.

Welcome, Josh! Exactly this!! Let people know what you do and network. Partner up! An off-market Baltimore deal came across my desk the other day that got deleted. How about we don't let that happen again and connect?!

I got you!

https://www.spellsofmagic.com/...

It all depends on what you want. Most of it sizzle he does provide a lot of value for free and has quite the community. I found it expensive but then, with close to thirty years in the game, I tend to find that with gurus. Just keep in mind, I read somewhere the success rate for most guru programs is in the single digits. 

My crystal ball says south, to stay along I-25. The migration from Denver to Colorado Springs, where the median is hovering in the high fours to low fives in the midst of roughly a 7-year run, Pueblo is picking up steam, as is Trinidad.