All Forum Posts by: Deborah Hill

@Mark Podolsky @Seth Williams @Steven Butala

I'm in California. What do I need to look for when pulling a list for land?  I am interested wholesaling.   ANY other guidance will be greatly appreciated. Thanks

I would like to gather information on getting a list on land property owners that have defaulted on their property taxes for the first time. This is for California. What criteria do I look for in a list?

Hi BP Family

Hoping to get some advice. I'm in Los Angeles.County and I want to generate an absentee list from List source. What criteria do you recommend using? Any other list besides absentee?  Any recommendation will be appreciated. Thanks

Hi BP family,

Need help I am a newbie real estate agent and wholesaler. I am in California and I will be putting in offers on REOs for myself. Assuming I've done my due diligence on the property and ready to make an offer, what areas of the contract must be completed? I want my offer to look attractive to the bank but I don't want to lose my EMD in case I have to back out. I have to start somewhere, so I am ready.

I know if the bank accepts my offer they will send an addendum and some things can change.

I have started the contract and here is what I have so far after putting in the property info and listing broker info:

Close of Escrow shall occur 5 days after acceptance  (I know the banks take longer than that to close)

I will have an EMD with this term:  Earnest money to be deposited with escrow upon acceptance and ratification of offer. (I will have a copy of my EMD check attached to offer)

All Cash Offer (I will have a transactional funding letter attached)

10 inspection period

Disclose I am a licensed agent

Ok that is it.  What other areas of the California Residential Purchase Agreement.... should be or must be completed?

Any help and advice with this will be MUCH APPRECIATED. Thank you in advance.

I want to wholesale REOs off the mls since I'm an agent and have access to the MLS @Anthony Dooley.

Do the banks automatically offer some sort of inspection period? My only concern as a newbie wholesaler is losing my EMD. Any other tips wholesaling REOs

thanks for the info  @Paul Timmins 

I'm actually looking at wholesaling right now. 

How would you handle finding a good deal to pursue?

Hello BP Family,

I have MLS access. I'm hoping to get some feedback on the step by step method you would take as a newbie choosing a neighborhood and analyzing that market. EVERYTHING you look for.

Thanks

welcome @Helio Cuevas 

welcome @Jason Thornberry 

welcome @Matt Lindstrom