All Forum Posts by: Justin Hutchins

I have used the ladies at First American Title several times and they are AMAZING!! They 

I have been searching the county records for foreclosures and came across one with a $37,000 judgement. This estimated market value on the home is $200k..... The more digging I do I find that the home is owned by a subsidiary to a multi million dollar business.

It is also financed through a very small local credit union.

How or why would a company worth millions have a $200k home in foreclosure??

Also why would they have it financed through a credit union when they could write a check for the entire block??

Just curious if there is a strategy I’m not aware of.

@Lydia R. what is TLO? I looked and couldn't find anything. I can find the owners but just have trouble finding current information. Thanks!

I also have my license and i quit looking on the MLS as well. It is a needle in the haystack to find a deal on there. I have found the last 3 deals on Facebook and one from an add I had on Zillow. Also have seen some decent deals on LetGo, havent bought any but have seen some.

@Shane Lloyd i have bought a couple in the past months. Working on getting them repaired now and should see a pretty good return on both. I was born and raised and I’m also realtor in Panama City. I know the area quite well. If you need any help give me a shout.

@Will Fraser thanks for the info. I'm a realtor in Florida so maybe I can get access to them. 

I have been using the property appraisers sight and LandGlide to find the owner and then white-pages to get contact information. It could be me but seems like white-pages isn’t producing up to date information any more. What is everyone else using??

Thanks in advance!!

@Eamonn McElroy thank you, I heard about it on a podcast sometime back and was thinking it didn’t sound right.

Does any own the house they live in under their business and rent to yourself??

If so what re the pros and cons?

@Bill Hampton Thanks for the tip, this Stessa program is pretty impressive so far... I'm going to give it a shot, but can't believe it is free. Can I run a PL off of this program at any time?