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Still Amazed at the Types of Bugs, Rodents and Animals I Encounter at REOs In The South - 08/21/10 05:52 PM
Having been born and raised in the North, I must say it was quite a shock relocating to the South and seeing the many types of Spiders, Rodents, and various types of Animals. As I list a lot of REOs and have gone to homes which had been vacant for some time, I come across a lot of things that have left me shaking and wanting to run out of the property. I get laughs from the local agents who are used to them, however, there is a bit of danger to not knowing which Spiders and snakes are poisonous and (1 comments)
I Am Offering Investors 25% Return, How Come My Phone Is Not Ringing? Richmond, VA - 08/21/10 05:07 PM
With the disappearance of "stated-income" lenders, it has been hard to find investors in the Richmond, Petersburg, Chesterfield and surrounding areas in Virginia; Even though I have offered a 25% return, which is above the average return offered, my phones are still not ringing? Is it that investors are nervous? Is it that investors do not like to lend to agents? Is it the market? I have even offered to provide portfolios with past flips which I have done with an average profit margin after repairs of $50,000, to no avail. What am I not doing to attract investors? I had (2 comments)
IS A SELLER REQUIRED TO MAKE REPAIRS AS A RESULT OF A HOME INSPECTION OR AN APPRAISAL REPORT? - 08/21/10 04:32 PM
How many times have I heard a Buyer say they were told "the Seller MUST repair all items which come up during either a home inspection or an appraisal? Too many to mention!!! I wonder how many agents have told their Buyers this information knowing that if they explained the options that a Seller has, that same Buyer would be hesitant to sign the contract? For instance, if a home inspection report says the house has to be powerwashed does the Seller "have" to complete this repair? What if some of the gutters are missing? A porch railing is rotten? Correct (0 comments)
An "AS IS" Sale Means Seller Will Do No Repairs...or does it? - 08/21/10 04:12 PM
I'm curious as to how many times an agent has received a contract for an "as is" listing and soon after the home inspection, the buyer's agent sends over a list of 30+ requested repairs including, but not limited to, cosmetic repairs and minor repairs? I have sold numerous homes "as is" and it was always understood by both agents that the Seller can be asked to repair major items or safety-related items. Also if the loan is an FHA, Seller can be asked to repair FHA-related repairs. What do you do when the other agent has told the Buyer that (71 comments)
My Challenge - I can make a Millionaire out of you in less than a year with foreclosed homes - 08/09/10 04:38 PM
I can make a millionaire out of you in less than a year if you meet certain requirements and are willing to learn the ins and outs of rehabbing and flipping property. This is a challenge I posed to a new investor in my area who was looking for a realtor to buy and sell all of his properties. He wanted to go with a big company and I made my pitch and gained his confidence in my skills. Since I specialize in REO/Foreclosures and HUD Listings and this investor was looking for foreclosures, my smaller company was a perfect fit. (0 comments)
CAROL M. JOHNSON REALTY
Offices in Petersburg and Henrico VA
We specialize in Foreclosed/REO Listings and Short Sales. We serve the following Counties: Petersburg, Dinwiddie, Henrico, Richmond, Caroline, Hanover, Chesterfield, Dinwiddie, Colonial Heights, Chester.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.