All Forum Posts by: Caesar Valle

I've been wondering this for quite a while now, but I just need someone with some experience to help me out and explain it to me.

What makes a homeowner take such a dive when negotiating with an investor? I mean foreclosure, divorce...whatever they've paid a mortgage for so so many years and how can they just submit to a price of 50%-75% below market value. Also if they are in trouble why wouldn't they just want to sell the house with an agent. I understand it takes longer but would they really go that far down just to sell fast?

Another question too...

What kind of things do you tell that homeowner to convince them to take your offer of 50-75% below market value.

I'm just finding really hard to comprehend the fact that even in their complex/troublesome situation would they really throw all they money away?

-Caesar

Hello my name is Caesar Valle I'm from North Denver, CO. I've been reading books about real estate for about 5 months now trying to wrap my head around it. Found this website a few days ago and it's an excellent tool. There are some really good posts I found and lots of helpful people so I signed up.

Like everyone assumes at some point in their real estate carreer I suppose that you need money to make money. That's what I thought a few months ago but the more I research (especially on this site) the more I realize there other ways like bird dogging and wholesaleing. That's whats got me really motivated right now and what I want to learn as much as I can. It seems to be a good way to start. I've been reading many many books thinking that little by little I will get closer and closer to making my first deal and that I would need to get my finances in order before I can do so.

Although bird dogging seems to be a way where I can definately get my foot in the door with the least risk and money if not any money at all.
I'm moving to the Southeast Texas area in January and thought I wouldn't be able to do my first deal til around then (when I get my bills paid off) but this website has really accelerated my learning, I think I'd be ready here pretty soon.

I look forward to speaking with all of you and folks from the denver area in the near future.
Also...still new to the forum, I may have just missed it is there a place where I can find where a REI club is nearby?

-Caesar