Welcome to the Real Estate Forum


The "ORIGINAL" Real Estate Social Network" SINCE 2005 and your #1 Resource for all things Real Estate


  •  »Over 35,000 Members
  •  » Answer Questions From "REAL" Buyers & Sellers
  •  »Ask Questions & Share Stories With Fellow Real Estate Professionals.
  •  »Read Articles & Blogs written by Real Estate Professionals.

...you have come to the right place!


YES! I want to register an account for free right now!


p.s.: For registered members YOUR FORUM NAME is free of ads

Results 1 to 3 of 3
  1. #1
    davidram88 is offline Renter
    Join Date
    Feb 2007
    Posts
    1

    Default Cash for Luxury Homes

    INTRODUCTION:
    BENEFITS OF OUR SERVICE
    =============================================
    I am an independent representative working with a group of luxury level home buyers.

    The acquisition manager will only negotiate with the owner of record for the property.
    Principals need only to apply.
    (We will not negotiate with realtors, real estate agents or 3rd party brokers presenting us with contracts, option contracts or assignments of contracts.)

    Has your home been on the market for a longer
    period of time than you had anticipated?
    Is your high dollar home not selling as quickly as you had hoped it would?

    The good news is that our group of home buyers may be interested in buying your house right away.

    With our purchase methods, our group can buy your house in speed only exhibited by a truly motivated buyer.
    The level of importance you place in selling your home is equal to our interest in buying your home. Our group can buy your house with no hassle.

    Our purchasing programs are as flexible
    as the reasons you may have for selling.
    The end result is you get the cash you need
    to move forward in your own positive direction.

    We use private funds with no layers of approval committees to wade through,
    so we can act quickly.

    SPECIFIC DETAILS ON PROPERTY CRITERIA
    =====================================
    Our group is looking for luxury properties all across
    the U.S. that can be bought for a minimum of
    30% discount or (70% of market value).

    The home must be in move-in condition with no repairs needed.and be worth
    between $500,000 - $20,000,000 nationwide.

    Homes with 1st mortgages will be accepted.
    We are not interested in homes with 2nd mortgages or any other additional liens.
    We are not realtors and therefore we do not want to list your house,
    as home buyers,
    our group only wants to buy houses.

    If your property qualifies, usually an offer can be written within 48 hours after the property is viewed.

    CALL TO ACTION
    ====================================
    If you want to sell your house in the least complex,
    most convenient way possible;
    if you are ready to sell your Luxury House for cash,
    and lose that big mortgage payment;
    then simply contact me and we will go over your property details, which I will submit directly to the acquisition manager. He will get back to you as soon as he reviews your information.
    Thank you in advance for your cooperation and the opportunity to work with you on this matter.
    CONTACT: David Ramirez
    Email: drrglobal@aol.com

  2. #2
    REbuyersgroup's Avatar
    REbuyersgroup is offline Condominium
    Join Date
    Jan 2007
    Location
    Palm Beach Florida
    Posts
    225

    Default

    If you are not working with Realtors, you are not going to get a solid source of properties. Your competitors are going to get the good deals.

    There are many groups out there, some good, many not so good. we have spoken with about 20 and found 2 that actually perform.

    We source about 100 homes per month for them from $500,000 - $1.5 Million.

    We currently have 5,000 improved homesites in various subdivisions on the West Coast of FL. All with water, sewer, electric, roads. 6 Months ago these were priced at $105,000+. Today they are $40,000 or less. We are not the owner of the properties, but have sourced them for anyone who is looking for a deal.
    Craig Fialkowski
    www.NewFLproperties.com
    EXIT Realty Florida

  3. #3
    TJ2007's Avatar
    TJ2007 is offline Condominium
    Join Date
    Dec 2006
    Posts
    325

    Default

    hehehehe

    PLease do not take offense; but my 1st thought on reading this was:

    • NO Realtors
    • 'cash buyer'
    • 70% ltv
    • NO 2nd Mtgs or liens
    hmmm...classic 2 dollar investor book from barnes & noble.
    Why would you care how many loan or liens where on the property if you are going to pay cash??? providing the equity is there.

    Sounds like the typical, 'what is the lowest price you would accept for your home for cash right now?' - but then try to negotiate the poor homeowner down and continue to hold the mortgage in their name or similar...

    Fair enough.

    Though I would have to agree with the last post that if you really did have that much cash you needed to get decent returns on you would really be best serving the interest of your investment group/ fund by using professionals to assist you.

    Not to mention the pain in the backside going around the country buying single family homes, when right now there are much better vehicles to generate profit from real estate than purchasing individual homes and dealing with the management.

    But please forgive me if I am incorrect or am missing something here.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •