Now please tell us why flipping with an option contract is illegal?
I'm still waiting for your reply. You're an expert. You said it was illegal. Why not explain?
And more than that - who's representing YOUR interests as a buyer? Who's educating you? The SELLERS agent????
Brendan - find a quality agent in your area who works with BUYERS. You have your attorney to protect you legally - but your real estate agent helps you ultimately to be educated about the market.
I can assist with finding an agent - contact me.
ONLY choose an experienced and honest short sale agent with a proven track record -
Check your area for a knowledgeable agent. Email: Bob@BobHibbard.com, : http://WWW.BobHibbard.com Ph: 585-671-1710.
my website is http://www.jmghomeandloan.com
i have a commercial on cablevision promoting my no fee short sale program
"only want to put in a "$10 option contract" and then illegally flip your home to a REAL home buyer"
What is illegal about it?
Give us specifics from an expert like yourself. It should be no problem, right?
Is an option contract illegal?
Is it the $10?
Is flipping illegal?
Please give me a call. I have the knowledge and expertise to assist you in New York State, plus I am local.
Subomi Macaulay Associate Broker Century 21 Schneider Realty 914 345-3550
GHH Realty http://www.ghhrealestate.com
Real Estate attorney Peter J. Goodman at http://www.pjgoodmanesq.net
Word to the wise - Buying a short sale takes patience and LOW expectations - and I don't mean LOW price either.
Expect to pay up to 90% of the fair market value. Banks are desperate, but unless they know you as an investor - they negotiate hard-headed, poorly and without emotion.
The KEY is working with the right agent who can Pre-Qual a property - by simply asking the right questions of the listing agent. I know these quesions... :)
You can call me at my corporate office - 877-765-3123. If I can't help you - I know a few excellent agents in Manhattan.
What is your price range?
What is your exit strategy (goal for purchase - investment or personal)?
Type of property (commercial or residential)?
Are you Pre-approved for a mortgage?
Are you Cash buyer?
Are you looking to buy second notes?