Contracts and Offers

DG family I need help.. I have many cash buyers with cash.. I need to make offers to sellers on property through email. How would I do that... What do I say to make cash offers on SF homes.. Help

I have cash buyers who are interested in purchasing A LOT of properties this week...

...but I only have properties on the MLS that my agent has given me (NO FSBO), not to mention, these properties can only be put under contract BY THE END BUYER....

...SO, IF I STILL wanted to wholesale these properties to the end buyer, should I put the contract under MY NAME "and/or" the End Buyer?

That way if my end buyer flakes out and backs out of the deal, I can still have an exit strategy by putting a contingency of a 14 day inspection period on the contract.

Is that weird? In other words is there a better way you would handle this? Or no...?

Thank you
Sean Nelson

P.s. I'm also looking for a partner on these deals, if your interested call me today at 561-543-8265

I have a property that I got from a call I recieved on a bandit sign

I ran comps and there are only 2 within 1/2 mile.

4 within 3/4 of a mile.

If I use just the two within half a mile, the property is worth $141k

If I use all 4 within 3/4 of a mile, the property is worth $164k

Zillow has it at $115k

The realtors I have worked with all use a very wide range of comps, but Matt Larson teaches to use only comps within half a mile, and try to get 6.

What is the most accurate way to determine the value if there are only 2 within that range?

This deal will be great if the house is worth $164k. Worth while if it is worth $141k
But if it is only worth $115k this deal will not work.

I made an offer through my realtor for a home listed at $51,000.I offered $34,000 and they came back at $40,000.They also said 40k is the lowest.I just checked and they reduced the price to 49k a few days ago.Is there enough of a discount at 40k to assign?..The home is worth 55k at best

As someone who's starting out, I need to know how to avoid needing earnest money. The biggest reason is that I simply don't have it. I'm working on starting out with assignments. I've heard Matt Larson (I'm pretty sure that it was Matt) talk about offering only $1 for earnest money and that's great, but there seems to be much resistance to that from sellers & Realtors. Reading some of the other forums, even other DG family investors seem to believe that they have to come up with earnest money. What's the scoop? How does Matt do it with only $1 earnest money?

I'm determined to tackle obstacles as they present themselves, but I can't do it without the help of those in the know.

Thank you in advance to anyone who can shed some light on this.

~Martha

We are in the middle of attorney review right now and my lawyer has me worried about my subject to's. This is what I have:

Buyer has the right to assign this contract. This offer is subject to inspection and approval of buyers partners within 10 days.

My lawyer feels that the buyers partners part is too vague and that it will not get us out of the contract and get our earnest money back. Especially since it has been almost a month since we signed the contract and he feels that the "partner" should have already disapproved.

He is fine with the inspection but, says that WE are not having a professional inspector view the property and that could be a problem.

I was wondering when you work the numbers for a deal
Do you start with the List Price or start with Zillow Price

I was just curious....but are realtors less likely to work with you if you get a property under contract and cant close?

Has anyone else run into this problem, and if so what did you do?

My friend is monving to GA from MA Dorchester specifically. She wants to sell it for 135, with a 10K refund to compensate for the 700/mo HOA assessment for "roofing".

I don't know if I qualify creditwise but was going to find outabout at VA loan. My concern is migh not have the good enough credit.

She has told me that her hot button is having at least 10K with her, when she leaves. I think I an swing that.

How do I structure the deal for a win win? I was thinking lease options; pay her a lumpsum and then pay her over time.

What other ways could I meet what she needs as welll as ehat I need.

Thanks , Henk

Could anyone tell me what steps I need to take after my offer is accepted from the Bank, specifically in ILLinois? Are double closings legal in ILLinois. I would prefer someone who is doing deals in the State of ILLinois to respond please.