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All Forum Posts by: Lamar Tisdale

Lamar Tisdale has started 1 posts and replied 24 times.

Post: FSBO- MLS property- 1% buyer commission a big issue

Lamar TisdalePosted
  • Investor and Agent
  • Fort Lauderdale, FL
  • Posts 30
  • Votes 11
What about you having non screened/vetted people possibly coming into your home? Point being none of my clients or a buyers agent clients would enter my sellers home without being pre approved or POF being verified and a some info about the potential prospect. Is the monetary savings more important than having Joe blow enter your home and possibly be casing home from a FSBO. Google FSBO horror stories. 4% is low but at least still respectable to attract both a listing & buyers agent attention in my opinion.

Post: Got my first direct mail lead today!!!!

Lamar TisdalePosted
  • Investor and Agent
  • Fort Lauderdale, FL
  • Posts 30
  • Votes 11

Congrats @DeAdria Wright-Davis

Congrats!!!

Hope all goes well tomorrow on your listing appointment. :D

Keep us posted!

Post: is this worth a shortsale?

Lamar TisdalePosted
  • Investor and Agent
  • Fort Lauderdale, FL
  • Posts 30
  • Votes 11
Hi Derek, I average roughly 1-1.5 short sale approvals per month and if you have a seller willing to cooperate and let you try to buy the property go for it! You will need a realtor since the banks require the property to be listed so if you have one then reach out to them. (Great way to starting building a realtor-investor relationship) The bank makes the final decision regarding price after they order either a BPO or Appraisal or both depends on the lender. The short sale process takes usually takes 90-120 or longer days depending on the sellers cooperation and how fast the agent works with the bank submitting paperwork received from the seller but ive seen them go 6-12 months :( One warning really try and screen your seller to make sure there not using you the agent to just buy ore time in the property you must take there word on this but hopefully they have good intentions. The uglier the property for me personally I only love properties that look like the guy from lord of the rings (The Precious) Sorry for the lengthy reply just wanted to be thorough. Good luck!

Post: First Rehab Real Deal Under Contract

Lamar TisdalePosted
  • Investor and Agent
  • Fort Lauderdale, FL
  • Posts 30
  • Votes 11
Congrats!! More Details? What area? 2/1 or 3/2? Where did you advertise with a relator or Craig list to resell the property.
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