Quote:
Originally Posted by Rapture
Stay away from short sales with two lenders! Good luck and I hope you get paid SOON for all the hard work.
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You know? I keep reading about the short sales, but I really don't even know what they are. After reading all the threads, I've come to the conclusion I have it pretty easy in my world and don't know much about real estate when it comes to the real world.
I sell land for the most part, smart enough to stay away from what I don't understand, if I have time I learn more.
My sales are pretty simple. Their not "have to" sales or purchases, their dream purchases and sellers are people who bought for the same reason.
People buy my stuff for what they think someday they'll use it for like retirement or investment. Kids are gone or leaving the nest so I'm working with older people's expendable cash. Now they feel it's "their turn".
Mostly cash buyers, sometimes finance and if so, not a big deal. I have a lender at great rates for it if need.
I'm not working with desperate sellers nor desperate buyers. The stress is low in that respect. A lot of posts I can't relate to because I'm not in that world. I've sold some houses but avoid that if I can. What a pain in the Butt!
I could sell 2 lots, cash, close in 2 weeks and make more money with less effort than what it takes to sell a house. Here's the land, here's the info. Like it? Buy it? Great, lets close! A house... here we go.... inspections, dah,dah, lenders, dah dah. I do have great respect for you house sellers!
Here's how I sold the house. Ok, here's the house. Isn't it great! Just like new! pause. Look around, ok times up! Now let me show you the land it's sitting on!
I have that house under contract now. It's ok so far as it's on large acreage. I'm comfortable with that. The house is incindential. (not really) But I'm more comfortable with land and acreage.
Sell Land! I think that's my official new motto.