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All Forum Posts by: Rod Coleman

Rod Coleman has started 13 posts and replied 58 times.

Post: how to sale a whole sale deal fast.

Rod ColemanPosted
  • Real Estate Agent
  • Chester, VA
  • Posts 59
  • Votes 5

avr i used red finn

the repairs i use to work part time in construction in my cozens company, perhaps im thinking of it like they are going to fix it them self to me i see maybe 10k worth of materals to fix it.

Post: how to sale a whole sale deal fast.

Rod ColemanPosted
  • Real Estate Agent
  • Chester, VA
  • Posts 59
  • Votes 5

Most not be a good deal.. ill try dropping the price

Post: how to sale a whole sale deal fast.

Rod ColemanPosted
  • Real Estate Agent
  • Chester, VA
  • Posts 59
  • Votes 5

no no offers they complained about old cloths in the house

Post: how to sale a whole sale deal fast.

Rod ColemanPosted
  • Real Estate Agent
  • Chester, VA
  • Posts 59
  • Votes 5
Originally posted by @Micah Copeland:

@Rod Coleman

Hey Rod. Can you post the numbers on for this deal? I would love to take a look at them for you. Most of the time if you can't move a property its because it is not a deal. In my experience if you have a deal you will have a ton of buyers interested. 

 33k

20 to 25 k repairs

90k to 103 avr

Post: how to sale a whole sale deal fast.

Rod ColemanPosted
  • Real Estate Agent
  • Chester, VA
  • Posts 59
  • Votes 5

i have  had my first whole sale deal under a 45 day contract for a little over 2 week many lookers no buyers, can any one tell me what i can do to get rid of this property fast. ive tried the local reia and craigslist at this point in a little lost.

Post: Looking for a good Contacts for your state

Rod ColemanPosted
  • Real Estate Agent
  • Chester, VA
  • Posts 59
  • Votes 5

I've been looking every where some good simple contacts that aren't long and written completely in legaleze. i have one from a gurus course but the leagaleze is make it a little more complicated then needed. Do you guys have any good ideas on where to find good contracts for free.

PS. if i spelled leagaleze wrong just over look it lol...

  • So when i structure the deal with the seller give her what my numbers say and just inform her that she will receive less the owed taxes. Also should i let her pay the closing or let the buyer pay the closing? Also do i need to put that in the contract that she agrees to pay the taxes off with her proceeds.

Originally I never had the idea of getting the taxes reduced, that was an idea another person from BP told me was an option. however like stated above, when i ran the numbers it works she just has to take a slightly lesser amount. but back to my original question, do i put the put purchase price on her contract meaning the full offer for her to get paid. then  tell the buyer that the seller will pay the back taxes with her proceeds and some of the closing cost?

when i ran the numbers it works, only if she takes about 1600 less then we originally wanted

there is enough meat on the bone when i calculated the back taxes into the mix on the sale side. the owner knows the taxes have to be paid so she know that this is what is going to kill what she receives so just write the contract to her at her price she wanted to walk away with plus enough for closing cost she she will have to pay. tell her it may take a lil longer to close on it so at some point i may need an extension on the contract. then call city hall and inform them that i looking to purchase a property that has back taxes owed on it but the amount of back taxes is to much for me to buy and fix it and get the property producing again tax revenue again. when i get word from the city then market it?