All Forum Posts by: Suzanne Mark

GREAT JOB!! Congrats!!

I do comps for investors all the time as an agent...if you work for them they will give you the business is the idea. Agents like that give me a bad name lol.

and good luck :-)

There are plenty of hard money lenders that will lend you 80% of the purchase price and 100% of the rehab but I would do a little research on do hard money from what I've read on this site people that have dealt with them have not been happy so do your research :-)

help not health LOL

Central Florida health right here Deltona Orange City DeLand DeBary very active let me know if you need any help.

Do you know if you're going to need a seawall or not and if there's any environmental setbacks etc  or if you need to do a environmental survey prior to building... did the lots come with any information as far as what's allowed, what's not allowed, what the minimum square feet needs to be for the dwelling etc?

If there are no utilities you'll have an impact fee and things like that for starters but I'd need more information in order to answer properly :-)

Hi

For what it's worth, the way I set the short sale price on my listings has nothing to do with what the owner wants. He/she/they already know they are upside down so they are looking for ME, the experience agent working to market, to prove to the bank that x amount of dollars is all they'll get, based on recent sales. And that market amount is less than what they owe which is why a normal sale won't work for them.

So ...on the other side, as a buyers agent when dealing with a short sale I do the same. When I present an offer lower than asking price I submit recent sold comps supporting that number. Mainly because a bank may be up north (I'm in Central Florida market) and on paper they may poo poo it because it doesn't look right to them in their market. So respectfully I educate them on my market this way.

Hope that helps :-)

Just got home from the CFRI Monthly general meeting. Great night, great info. I went to a few, well 4 actually in different counties close by and spent $40 in June (4 x $10 non-member admission) lol...so I think it's cost effective at 150 for the year and I can go to everything I want.

It's not so much as would the wholesaler sell to you even if you are financing...but can you get that particular property financed. 95% of wholesaling deals don't qualify for lending. There's a fine line between a fixer upper that will qualify for financing and one that won't. Hope that helps a bit :-)