Comments on: Recently received a letter from an investment real estate company willing to buy my house. The deal they…? http://www.reddeerrealestatelink.com/recently-received-a-letter-from-an-investment-real-estate-company-willing-to-buy-my-house-the-deal-they/ Tue, 05 Apr 2011 20:33:22 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: alleykhad607 http://www.reddeerrealestatelink.com/recently-received-a-letter-from-an-investment-real-estate-company-willing-to-buy-my-house-the-deal-they/comment-page-1/#comment-71 alleykhad607 Tue, 16 Feb 2010 23:19:48 +0000 http://www.reddeerrealestatelink.com/recently-received-a-letter-from-an-investment-real-estate-company-willing-to-buy-my-house-the-deal-they/#comment-71 stay away from them ,it`s a scam.. stay away from them ,it`s a scam..

]]> By: Di http://www.reddeerrealestatelink.com/recently-received-a-letter-from-an-investment-real-estate-company-willing-to-buy-my-house-the-deal-they/comment-page-1/#comment-70 Di Tue, 16 Feb 2010 22:56:57 +0000 http://www.reddeerrealestatelink.com/recently-received-a-letter-from-an-investment-real-estate-company-willing-to-buy-my-house-the-deal-they/#comment-70 My concern with this is that your name remains on the note. Because the note is what holds a person (or company) accountable for the repayment of the mortgage, if they do not make the payments, you have no house (because they hold the deed), but you owe for the mortgage on it. This seems as though it could be huge mess if they do not follow through on their promise to make payments and maintain your home. Please give their offer long consideration and careful review before signing. My concern with this is that your name remains on the note. Because the note is what holds a person (or company) accountable for the repayment of the finance, if they do not make the payments, you have no house (because they hold the deed), but you owe for the finance on it. This seems as though it could be huge mess if they do not follow through on their promise to make payments and maintain your home. Please give their offer long consideration and careful assess before signing.

]]> By: Mary S http://www.reddeerrealestatelink.com/recently-received-a-letter-from-an-investment-real-estate-company-willing-to-buy-my-house-the-deal-they/comment-page-1/#comment-69 Mary S Tue, 16 Feb 2010 22:45:54 +0000 http://www.reddeerrealestatelink.com/recently-received-a-letter-from-an-investment-real-estate-company-willing-to-buy-my-house-the-deal-they/#comment-69 If your goal is to sell the house quickly and easily then investment companies are great. Just be sure it is a reputable firm! The major disadvantage is that the goal of professional home buyers is to pay you as little as possible. If you're fine with selling for less than market value and if you don't need or want the extra money, then sell to the investment company. But going through a broker will often find you a buyer willing to pay much more money for your home. The larger sales price usually results in more money in your pocket, even after taking out the agent's commission! So it depends what you want out of the transaction--less time or more money! If you do decide not sell through a broker, then you might want to at least have a real estate attorney review all proposed paperwork before you sign anything. If your goal is to sell the house quickly and easily then investment companies are fantastic. Just be sure it is a sound firm! The major disadvantage is that the goal of qualified home buyers is to pay you as small as possible.

If you’re fine with selling for less than market value and if you don’t need or want the extra money, then sell to the investment company. But going through a broker will often find you a buyer willing to pay much more money for your home. The better sales price usually results in more money in your sack, even after taking out the agent’s commission!

So it depends what you want out of the transaction–less time or more money! If you do choose not sell through a broker, then you force want to at least have a real estate attorney assess all proposed paperwork before you sign anything.

]]> By: generaldisarray69 http://www.reddeerrealestatelink.com/recently-received-a-letter-from-an-investment-real-estate-company-willing-to-buy-my-house-the-deal-they/comment-page-1/#comment-68 generaldisarray69 Tue, 16 Feb 2010 22:45:49 +0000 http://www.reddeerrealestatelink.com/recently-received-a-letter-from-an-investment-real-estate-company-willing-to-buy-my-house-the-deal-they/#comment-68 Run........ if you want to sell your house then put it on the market. or put it on the market and tell this company to invest in this..... **raises middle finger**. look remember what your grandma told you....it its too good to be true then it is..... there are scam artists around every corner waiting to bilk you out of your hard earned money. the objective of an investor is to buy low and sell high. so if there is something going on in your area like a new factory coming in or maybe someone struck oil ....those sorts of things will spur an investor to solicit property by mail but by in large anyone offering to buy your house sight unseen makes me nervous. and the fact that you are going to remain on the note sounds like insanity. so in short, you are going to sign over your home and keep your name on the loan.... this cant be a good idea. run run run..... Run…….. if you want to sell your house then place it on the market. or place it on the market and tell this company to invest in this….. **raises middle finger**. look remember what your grandma told you….it its too excellent to be right then it is….. there are scam artists around every corner waiting to bilk you out of your hard earned money. the objective of an investor is to buy low and sell high. so if there is something going on in your area like a new factory coming in or maybe someone struck oil ….those sorts of things will spur an investor to solicit property by mail but by in large anyone offering to buy your house sight unseen makes me nervous. and the fact that you are going to remain on the note sounds like insanity. so in small, you are going to sign over your home and keep your name on the loan…. this cant be a excellent thought. run run run…..

]]> By: srwone69 http://www.reddeerrealestatelink.com/recently-received-a-letter-from-an-investment-real-estate-company-willing-to-buy-my-house-the-deal-they/comment-page-1/#comment-67 srwone69 Tue, 16 Feb 2010 22:31:56 +0000 http://www.reddeerrealestatelink.com/recently-received-a-letter-from-an-investment-real-estate-company-willing-to-buy-my-house-the-deal-they/#comment-67 I would check your area to see if there will be any changes that can raise your property value. What state are you located? I would check your area to see if there will be any changes that can raise your property value. What state are you located?

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