I want to purchase homes in essex county?

I Want Homes
Home Buyer
03079

I want to purchase homes in Essex county where the homeowner is over leveraged and I can come in buy with cash and negotiate a short sale of the mortgage. I have successfully bought and negotiated over 400 properties, but am now looking at the Essex county market - I won't short condos at this time.

Looking for Realtors in this county to work with...I pay commission on the purchase and then after the title is seasoned, I pay on the resell.

If you have any home owners that are overleveraged and in a hardship, please call me to discuss details.
Thanks.
Maryann 978-376-3718

Answers (5)
I Want Homes
Home Buyer
03079

Hi Elizabeth,
I'm looking to work directly with listing agents. I will purchase the house through them for which they are compensated (commission) and then eventually I resell the house and have them list it, so 2nd commission. I only want homes that are over leveraged or no equity.
It's not illegal as I've done this for 4 years now in Massachusetts.
Thanks.
Maryann

Sat Nov 7 2009, 12:03
I Want Homes
Home Buyer
03079

My money and we are local and licensed in both NH and MA.
Maryann

Mon Nov 2 2009, 09:00
Ken Lambert
Mortgage Broker
or Lender

Portsmouth, NH

Hello Maryann- Do you actually have the funds- or are you a independent rep of an out of state investor group that you are finding good RE deals for? Is it your $$, or someone elses? Just curious.
I see that you're also looking in southern NH. I focus on both areas. I may be able to help out with your request. Feel free to call or email me anytime. Thanks,

Ken L.

Mon Nov 2 2009, 08:29
I Want Homes
Home Buyer
03079

I realize that. I've purchased property in other parts of the state. I typically only deal with the listing agent. I cover their commission. I'm just moving into Essex County now, if there are Realtors that are looking for a buyer on a potential short sale.

If the home has sat for some time without a buyer and would qualify for a short sale, please contact me. We're cash buyers.
Maryann

Mon Nov 2 2009, 04:51
Elizabeth J. He...
Agent
Longmeadow, MA
FIRST ANSWER

The only way we can get paid in MA is from our Brokers and the funds are a portion of the commission percentage agreed upon by the seller and their listing agent. We can't be paid directly by our clients, that's illegal in this state.

Sun Nov 1 2009, 19:17

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 5
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback