Properties Central Homebuyers Blog

How Short Sales Affect Your Credit

Wed, 10 Sep 2014 11:51:55 -0700

Sellers may wonder whether doing a short sale would affect their credit less than completing a foreclosure, and whether there are other advantages between the two. While in foreclosure, and depending on state laws, a seller could possibly stay in the property, essentially rent free, for four months to a year before being forced to vacate. But that fact alone does not mean a foreclosure is better. Whereas a short sale involves offering the home for sale, generally listed through MLS. Potential home buyers will make appointments to view the home, some will make lowball offers, agents might hold open houses and, in general, a seller's life will be disrupted, all in the hopes that a buyer will buy the home. Basics of a Short Sale Short sales happen when a lender agrees to accept less than the amount owed against the home because there is not enough equity to sell and pay all costs of sale. Not all lenders will negotiate a short sale, and that is why a real estate agent or a lawyer can be a tremendous help by contacting the lender's loss mitigation department to find out. You can't just wake up one morning and decide you're going to sell your home at a loss by asking for a short sale. It used to be that lenders wouldn't even consider a short sale if your payments are current, but that has changed. However, realize that lenders will be more agreeable to negotiation if your payments are in arrears. Plus, if you have cash assets, the lender might try to tap those accounts. How is a Short Sale Seller's Credit Affected? Fair Isaac released a report that says credit scores are affected about the same, whether a seller does a short sale or foreclosure. Fair Issac says the average points lost on a FICO score are as follows: 30 days late: 40 to 110 points 90 days late: 70 to 135 points Foreclosure, short sale or deed-in-lieu: 85 to 160 Bankruptcy: 130 to 240 Foreclosure or Deed-in-Lieu of Foreclosure Both of these solutions affect credit the same, says David Steep of Vitek Mortgage. Sellers will take a hit of 200 to 300 points, depending on overall condition of credit. This means if a seller's FICO score before foreclosure was 680, it could dip as low as 380. Short Sale Steep maintains that the effect of a short sale (providing the sellers are more than 59 days late) on a seller's credit report is identical to that of a foreclosure. The ding on credit will show up as a pre-foreclosure in redemption status, Steep says, which will result in a loss of 200 to 300 points. This means a short sale seller with a previous FICO of 720 could see it fall from 520 to 420. My personal experience has been somewhat different. I completed a short sale for a Sacramento seller who was 90 days behind on her mortgage. A few months after her short sale closed, she checked her credit report and found her FICO fell by only 100 points to 671. I suspect every seller's situation varies. Catherine Coy, a mortgage broker in southern California, agrees with Steep. "The effect on a consumer's credit report -- foreclosure vs. short sale -- is the difference between being hit by a train or a bus," says Coy, speaking about borrowers who are a few months in arrears. Waiting Period Before Buying Another Home Foreclosure or Deed-in-Lieu of Foreclosure Steep says a seller who wants to buy another home after foreclosure will end up waiting about 24 to 72 months before a lender will offer any kind of interest rate that makes sense. Coy says, "The good news is a short sale will allow the consumer to obtain an institutional loan for a new home within two years". Short Sale Some agents say the good news for short sale sellers is the wait is much shorter before buying another home, and Fannie Mae guidelines in 2008 adopted new procedures. Can a seller buy again in less than two years? Not really, says Coy, "It's an utter myth that a consumer 'can buy again in about 18 months at a good interest rate.' However, Fannie Mae guidelines now require only 24 months' seasoning, and that's good news for agents who specialize in short sales." FHA adopted guidelines in 2010 that say a seller who is current and does a short sale may qualify to immediately buy another home. Lenders aren't so quick to follow those guidelines. However, Flagstar Bank gave an Elk Grove short sale seller a new loan within 2 months of closing his short sale, and that seller was current at the time. Note that Fannie Mae guidelines allow a seller to immediately apply for a new loan to buy another home if that seller kept the payments current, had no delinquencies exceeding 30 days and did not agree to repay the debt relief. Moreover, it's the late payments that dramatically affect your credit report, not the short sale. Foreclosure or Short Sale Decision If you're a seller trying to decide whether to let a home go through foreclosure versus attempting a short sale, salvaging your credit may not be an advantage to doing a short sale, says Coy. She reports that according to "Score Factor Code #22, there's no credit score advantage for a delinquent borrower on a short sale over a foreclosure." I have my doubts about that, though. From what I've seen, there is less damage to a credit report after a short sale involving late pays than a foreclosure. Moreover, another advantage for those with delinquencies on their credit is the ability to buy another home within 2 years over the 5- to 7-year period required for foreclosures. And there are other short sale advantages over a foreclosure. But seek legal and tax advice before making that decision. Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

5 Small Tips to Save Big Money on Home Renovations

Mon, 25 Aug 2014 11:51:00 -0700

Regardless of whether or not you are a real estate investor, home renovations of any variety can prove to be costly. That is even before you factor in the return on your investment (ROI). Subsequently, any renovations you make need to reflect your bottom line. As an investor, you need to make sure any renovations you make are worth it in the long run. Savvy investors are already aware of this, but there is always a way to maximize your rehab budget. In fact, finding creative ways to work within your budget is one of the smartest things an investor can do. One of the best ways to save is being flexible in your design. It’s not hard to find stores carrying discontinued, overstock or unneeded special-ordered items, and that can mean big savings for you. It may limit your color or what you’re able to do with design, but for those where price is a limiting factor, it may be a blessing. Here are five additional ways to save when renovating your home: Shop Online As I am sure you are aware, online shopping has become a viable alternative to the congested, overpriced department stores of the past. More than ever, online stores are offering products and incentives that are attractive to consumers. Prices found online are even more competitive. However, for one reason or another, not everyone has taken to online shopping for their rehabs. Regardless of what you are looking to purchase, there is a good chance you will find it for sale online. The availability of products on the Internet will work in your favor, as the market is much more competitive. You can save hundreds of dollars on an item by searching online for the best price using the model number, says Dan Fritschen, author of “Remodel or Move? Make the Right Decision.” However, be sure to include the cost of shipping. Some shipping costs will completely negate the deal you got by shopping online. While shopping for a renovation online has its advantages, it is not without fault. As with any strategy, due diligence is to be exercised. In other words, use common sense. Shop at reputable stores. Established companies can be trusted and much easier to work with in case something goes wrong. Having said that, returns can be difficult with online purchases. If you want to buy online, do it far in advance, says Fritschen. It could arrive damaged or delayed. “Delaying your remodel to save $100 is typically not a savings,” he says. Also, make sure you know the store’s return policy and customer service availability before buying. Ask For A Discount If you intend to buy a lot of product from one particular vendor, ask for a volume discount. Think outside the box: Get more customers for the vendor, and use that to wrangle a lower price. You should be looking to provide the seller with an advantage that would make them want to offer you a discount. You would be surprised at how often a vendor is willing to lower their prices if there is proper incentive. Real estate is a people business. There is a lot to be said for those who establish a working rapport with others in their field. Bring a friendly and sincere attitude to the table every time you conduct business. “If you are friendly and considerate, oftentimes you can get a small discount of up to 10 percent,” says Fritschen. A little appreciation goes a long way. The friendlier you are, the more likely your actions are to be reciprocated. Conversely, if you are not as comfortable with the friendly approach, just be up front. Simply say what it is you want done and what your budget is. If you have found the right contractor for your rehab, they may be able to come up with creative ways to cater to your needs. You may find out that a cash offer could result in a discount, or that negotiations could lead to a win-win for both parties involved. The worst thing the vendor can do is say “no.” What do you have to lose? Sales Tax Price conscious consumers have been known to shop around for a good deal. But why does bargain shopping need to be relegated to the products themselves? Individual towns, counties and states each have varied sales tax amounts. Any sales tax savings is essentially an automatic price cut. Why not focus the majority of your purchases on a municipality that has a favorable sales tax? It is not out of the realm of possibility to save hundreds of dollars by shopping in a place with a lower sales tax. In New Jersey, for example, 37 towns qualify for an “Urban Enterprise Zone.” In these zones, businesses can sell goods at half of the 7 percent sales tax rate. As if saving on sales tax wasn’t incentive enough, there are actually certain times in which additional benefits may be had. I am referring to what is commonly known as a sales tax holiday. Some states offer Energy Star sales tax holidays one weekend out of the year. While it is a limited window, it is certainly advantageous to those who capitalize on it. For a list of states and when these holidays are, visit the Database of State Incentives for Renewable & Efficiency. If you are not able to take advantage of a tax holiday, check your local stores for promotions where they’ll pay the tax. Consider Doing It Yourself While hiring a good contractor to complete any rehab work on a property is recommended, some jobs may be better left for yourself. However, if you are awarded the opportunity to do it yourself, and if you are versed well enough in the respective project, you might be able to complete it on your own accord. Most likely, you will learn something new and save money in the process. Those who are less adept at handy work may want to leave the heavy lifting to contractors that were hired for a specific reason. However, that does not mean you can’t handle the preparation or finishing work. Of course, there are some drawbacks to doing it yourself. Contractors are in the business for a reason, and they know exactly what they are doing. Some things are just simply left to the experts. “Flooring, countertops, cabinets are all doable, but if you mess up, they are really expensive to fix,” says Fritschen. It is also smart to consider hiring a professional for areas of work concerning safety or feats of engineering. With potentially huge ramifications, these areas should only be tasked to someone with the appropriate expertise. It all depends on how handy you are, how much time you have and how much you want to buy new tools. Department stores offer free in-store workshops, and some stores offer online guides, videos and photos. Check the library for do-it-yourself books, or watch videos on home renovation projects. Price Match In order to compete for your business, a lot of stores (both big and small) will price-match. The concept of price matching is relatively well known, but entirely underutilized. Essentially, it offers consumers the ability to receive the best price on a particular item – removing any doubt that they could have received it cheaper elsewhere. The concept of a price match is mutually beneficial to every party involved. Any company offering this incentive is doing so as a means to retain business. On the other hand, you are assured the best price on a particular item. Even some stores that don’t advertise price matching will do so – you just have to ask. Let them know how much you appreciate their store, but that a rival store is offering the same item for less. There are even a select few stores that will not only price match, but also knock off another 10 percent if a local store offers an identical, in-stock item at a lower price. Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

When? Why? How Should You Sell Your House to a Real Estate Investor?

Mon, 04 Aug 2014 09:46:39 -0700

When Should You Sell Your House to a Real Estate Investor? Selling a home can certainly be a big decision! Of course, you will want to sell it at just the right time in order to make the best profit you can, but how do you know when is the right time? How can you make the right decision? It is not something you will want to do without a little thought, but it is definitely something you need to consider now. One method of selling your home, which can actually be quite quick, will be to sell your home to a real estate investor. There are many reasons to do this, and it can save you time, hassle and headache. Why Sell to a Real Estate Investor? Many people do not realize, but selling to an investor is a good way to sell quickly. You will not have to wait around for various private individuals to look at the home and think about it. You will not have to wait a month on closing. You will be able to sell immediately when an investor makes the purchase. This can be a very big advantage if you need to sell your home quickly or you simply do not want to go through the hassle of selling the home to a private party. When Should You Sell? You will need to decide just when you should sell your home. There is something very important you need to consider. Are you in a financial situation that is making it hard for you to make mortgage payments? In this type of situation, time becomes even more of the essence. You do not want to wait around too long because if you cannot make payments on your home, you could ruin your credit score. This is why selling to an investor can be so useful. You may be thinking that now is not the time to sell your home because the housing market may be in a slump. However, real estate investors are always looking to buy. Even if the housing market is slow, you can sell your home for a good price if you sell to an investor. Especially if the housing market is in a slump, selling your home to an investor is the right thing to do. How Do You Sell to an Investor? Selling your home to a real estate investor is different from selling to a private individual. In fact, it is quite a bit easier. If you have ever sold your home to a private individual, one thing you know for certain is the headache that goes along with it. However, when you sell to a real estate investor, you can bypass much of that hassle. All you will have to do is make your home available to investors and then allow them to make an offer. The buying process will happen much more quickly and much more easily. You will not have to deal with all the middlemen like realtors and banks. Instead, the transaction will be quick and simple. When should you sell your home to a real estate investor? The answer is right now. No matter your reason for needing to sell your home, you can avoid many of the problems that go along with selling your house the traditional way. When you sell to an investor, you can save time and you can save money. You will not have to wait around for months and months while people view your house over and over again. Instead, you will just make the sale and you will be done. Doesn’t that sound so much simpler than any other method you could use for selling your home? Joe Abbascia is an expert in buying and selling homes, and provides a helping hand to those seeking to buy a new home or sell their current one. You can learn more at www.PropertiesCentralHomebuyers.com. Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

Your Rehab Repair Budget: Where to Start?

Sat, 10 Mar 2012 03:10:57 -0800

Some investors are able to locate properties that have it all going for them – looks, price and location. These properties are not the norm. While there are dream properties available from time to time, the most widely available properties are those that need some sprucing up or repairs. The good news? Investing in these properties gives you greater potential for explosive profits. In this article I’m going to give you some advice about how to rehab for maximum profitability. There are two main approaches to establishing a game plan for property rehabbing: 1. Making targeted, strategic repairs designed to gain maximum value from limited rehabbing dollars; and, 2. Completely gutting the interior and rehabbing from a shell While top-to-bottom rehabs have the potential to add the most value to property, they're also time-consuming -- and expensive. For this reason, most investors opt to confine their rehabbing efforts to those areas of a property that stand the greatest chance of increasing value... at the lowest cost. Interior While the average property might have 1,500-2,000 square feet, different parts of a home have greater importance to the end buyer. By focusing your efforts in the areas of a home most important to the end buyer, you can increase the likelihood that you'll sell quickly -- and have the ability to quickly reinvest your profits into another property: Kitchens – Countertops, cabinets and lighting are the gateway to kitchen appeal. When making these repairs, understand that the average family spends a lot of time in their kitchen. If the countertops need to be replaced, give some thought to installing a good quality granite countertop. They look great, last for a long time, very durable and have a much higher perceived value than lower quality countertops. Other items on your rehab list could include; re-facing cabinets recessed lighting, flooring tile and stainless or stainless look appliances. Baths -- While most people don't spend a lot of time in the bathroom, they like their time to be pleasant. So make sure the tub and/or shower and the vanity are in good shape. If they're not, consider either replacing these items with new or for a cost effective fix, paint all the cabinets white; replace all the hardware and add new bath fixtures; your buyers will love it! No bathroom rehab is complete without a good quality floor. Avoid the temptation to go with cheap linoleum. Spend the money on tile. You'll be glad you did and amazed at what’s available for under a $1.00 a square foot! Master Bedroom --The master bedroom is a couple's sanctuary from the world. As a result, it's important that it look good. Fortunately, eye appeal in the master bedroom isn't overly difficult. You'll be amazed at how far new paint and carpet will go in enhancing the appeal of an otherwise drab master bedroom. Common areas and secondary bedrooms -- Next, get to work on the rest of the interior of the house. While you want these areas to look good, you won't need to spend as much as you do on other parts of the house. Unless the walls are freshly painted, add a new coat of neutral colored paint. Clean the carpet; if it is badly worn or stained, replace it with a mid-priced carpet. Should you have hardwoods, then consider refinishing them, a coat of polyurethane goes a long way in creating a new look, the floor is the first thing that strikes the buyer either in a positive or negative way! Also don't overlook the wall switches and covers. Exterior Does the outside siding of the house need paint or have asbestos shingles that needs to be sided over? Are the windows old and drafty? Is the roof showing signs of worn shingles? If so, you'll need to add these items to your rehab budget. Should the exterior siding be in good shape, you might want to consider chemically cleaning/ power washing the house. It can improve the visual appeal of a property and increase the likelihood that the property will invite buyers inside for a closer inspection. Landscaping/Driveway Curb appeal plays a huge role in the desirability of a property. Fortunately, this is a relatively easy fix. Potential buyers prefer to avoid homes with badly cracked, chipped or broken driveways, at a minimum, clean the driveway thoroughly with a chemical cleaner and repair any bad spots and sealcoat it, should the cracks and holes be out of control, then consider re-paving it. Clear away excess greenery from around the house, clean up the yard, and create a mulch bed in the front of the house around the foundation area and plant small bushes and flowers. These items aren't expensive, but again, they add tremendous value. Developing a repair budget can be challenging at first, but it's worth it. Once you have your list of repairs, prioritize it. As I said earlier in this article, kitchens, bathrooms and the master bedroom are the most critical parts of a home's interior. Focus your efforts first in these areas. It is possible to create real value on a somewhat limited budget. The time to decide what needs to be done is during your initial planning stage. By learning how to estimate repair budgets before purchasing property, you can determine going into an investment how much you expect to earn for your efforts. Joe Abbascia helps real estate investors at all stages of their investing careers to learn effective strategies to buy properties wholesale and capitalize on profitable opportunities. Profits are available in any market. You just need the right tools. Learn more about Joe and how his unique investing style can help you reach the pinnacle of success by visiting PropertiesCentralWholesaleDeals.com – today. Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

Hire A Home Electrician Or Do it Yourself?

Sat, 10 Mar 2012 02:57:47 -0800

While you may have the desire to modify or upgrade your home's electrical system to fit your needs, you need to be sure that you know what you are doing before you begin. When it comes to the basics, electrical systems are quite simple, but beyond installing a ceiling fan it becomes very tricky and dangerous. Read this article before you decide whether you want to tackle the project yourself or hire a professional. The first thing you should ask yourself is if you have enough experience with electrical wiring? If you intend to tackle a wiring project in your home, you should have at least some experience in dealing with such a project; keep in mind you are dealing with dangerous component, electricity! A wrong move or mistake could cost you your life! Be sure that you know the local and state codes when it comes to electrical wiring. Regulations have been put into place to protect you and anyone that may purchase your home in the future from harm. Electrical wiring that is improperly installed is a major fire risk and can cost you a great deal of money later if it found to be illegally set up. As a homeowner, you can do your own electrical upgrades, but remember you are not exempt from the permitting process. Once the work is completed, your city or towns electrical inspector with perform the final inspection to insure the job is done right and meets all safety codes. Another question to ask yourself is if you have the proper tools to do the job safely. Remember, if you do not have the proper tools, you could be putting yourself and others at risk. You can find guides online that can give you a list of the items you will need based on the type of project you are doing. Do not start until you know that you have exactly the equipment you will need to do the job safely and accurately. Of course, professional electricians can charge from $40 up to $70 an hour. Should you be considering this route, you need to look for experience with versed skills to accomplish a job that will be cost effective for you. One of these would be snaking wire through walls; this eliminates additional wall repair after the fact. Before you decide to do the project on your home, you should have a few electricians give you quotes on the work that you want done. This way you can compare the costs. When you do this, be sure to estimate the value of your time per hour and include that in the cost of doing-it-yourself. Updating your home through electrical wiring changes is a big project that can add a lot of value to your home, if done right. Before you decide to do it on your home, be sure you have considered whether or not you have the skills and time necessary to complete the project accurately or hire a professional. Now you have the knowledge you need to make a smart decision about who should do the electrical wiring project in your home. Joe Abbascia is an expert property investor providing vital knowledge on how to buy properties wholesale, about flipping homes successfully and more. You can learn more by visiting PropertiesCentralWholesaleDeals.com.Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

7 Ways Wholesalers Will Make You Rich

Sat, 10 Mar 2012 02:41:26 -0800

Whether you've taken a few laps around the real estate pool or you're just now tentatively dipping your big toe into the investing pool to gauge the temperature of the market, you owe it to yourself and your future success to work with a wholesaler. Here are 6 ways wholesalers can make you rich and why you need to find a good one -- today. What is a Wholesaler? A wholesaler is someone who finds properties, negotiates price and terms with the owner, signs a Purchase and Sales Agreement, then assigns their interest in the transaction to another party – usually a real estate investor – for a fee. Once the investor accepts the assignment agreement, then closing is scheduled, paying the assignment fee to the wholesaler at closing. Wholesalers Know the Local Market One of the greatest perils of real estate investing is understanding your local market. Because property values vary so much neighborhood to neighborhood -- sometimes street to street -- it's critical that you know the market. You might know that you're interested in properties in a certain section of your city, but do you know which neighborhoods make good investing sense -- and which ones to avoid like the plague? A wholesaler does. Wholesalers Find Motivated Sellers Sellers are motivated by a variety of factors: major repairs, divorce, financial problems, relocation, etc. Regardless of the reason a seller have a strong motivation to sell, the fact is -- they do. Wholesalers pound the pavement and spend thousands a month to find motivated sellers through multiple methods: Referral fees Advertisements Signs Internet advertising Wholesalers Know a Good Deal When They See It Regardless of your current level of real estate experience, one of the biggest challenges you face is knowing whether a property might make a good investment. Wholesalers see a lot of properties, so they've fine-tuned the property acquisition process. Not only do they know a good deal when they see it, but they also have an almost innate ability to recognize a bad deal -- at a glance. This can save the time and effort of pursuing properties that wouldn't make good investing opportunities. Wholesalers Are Expert Negotiators One of the least palatable aspects of real estate acquisitions is negotiation. Think negotiation is tough? Throw in a laundry list of seller problems – major repairs, divorce, relocation, job loss, etc. -- and negotiation gets even more challenging. A skilled wholesaler is part real estate dynamo, part psychologist. By being able to differentiate between seller wants and needs, and how to walk the fine line of negotiating a fair selling price for property without getting too wrapped up in the very real human emotions involved in these kinds of sales, negotiators are able to convey to sellers the economic realities of the property being discussed. Wholesalers Crunch the Numbers Real estate investing is theoretically paint-by-numbers easy. But it also comes down to the number on the bottom line. This is where a competent wholesaler earns their fee -- and proves their value by: Providing a complete (and compelling) description of the Property Ensuring the investor has access to the property Putting together accurate figures showing purchase price and after repair value estimates Compiling a rehab budget with total project costs Showing the investor how much profit he/she stands to earn from the deal (based on his/her figures) This is a laundry list of potential deals. Done correctly, the potential for profit is enormous. Unfortunately, far too many investors try to handle these tasks themselves. Unless you know what you're doing, you can do much more harm than good. A good wholesaler has a great understanding of the property acquisition process and is skilled at building a compelling case for properties based on only one question: Will the property make money? If it does, he moves forward; if not, he steps away from the deal in pursuit of better opportunities. Wholesalers Go Where the Money Is While wholesalers serve a number of vital functions for real estate investors, they are motivated by money. If you demonstrate the ability to close on profitable deals brought to you by a good wholesaler, you'll never have a shortage of available properties. Once word gets out that you're interested in a certain type of deal, wholesalers will be competing for the right to bring you as many deals as you can handle. These are just 6 of the ways that wholesalers can make you rich. In the end, though, the ultimate decision rests with you. Would you rather do all the legwork yourself -- or does the thought of only doing those things with the potential to change the landscape of your financial future appeal to you. I recommend you think about your wants, your needs -- and your goals. Wholesalers can be the missing ingredient to your success. Find a great wholesaler today. Reap the rewards available in real estate today. Joe Abbascia helps real estate investors at all stages of their investing careers to learn effective strategies to buy properties wholesale and capitalize on profitable opportunities. Profits are available in any market. You just need the right tools. Learn more about Joe and how his unique investing style can help you reach the pinnacle of success by visiting PropertiesCentralWholesaleDeals.com – today. Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

Trash Removal Costs, Are You Over Paying?

Sat, 10 Mar 2012 02:21:34 -0800

Well, this has been a pet peeve of mine for years, so I thought to share a little insight with everyone regarding the high costs of trash removal at your job site. As a veteran investor for Properties Central within the Worcester Massachusetts marketplace, I have run the gambit of situations when it comes to trash removal for my rehabs or home owner clean outs...It is a necessary cost of doing business, we have to get rid of the trash...But why does it have to cost so much? When you order that open top dumpster, your trash company usually gives you several options as a flat fee! Maybe five tons of material maximum for a flat fee of say $650? Along with a delivery charge...You may have thought you were slick in negotiating and getting the delivery charge taken off...The bottom line, is this is where trash companies make their money...A little known fact, they know you are not going to use up that flat fee amount of 3, 4 or 5 tons that they quote you for the trash you discard. So, you’re asking? How do you handle this and not be sucked into a flat fee price that you won't use in the future? Next time, tell your trash company you want to set pricing based on two components, haul & tonnage. If it is going to be long term use of say, 6-12 months then you would sometimes need to negotiate a small rental fee, but only if the container is being picked up once every few months during that period would it call for a rental. Here’s an example I’ll share with you…Tonnage disposal in Central Massachusetts can be negotiated to between $85.00-95.00 per ton, with hauls ranging from $125-$145 per pickup (this is pickup and return of a 20-30 yard open top container at your job site). Depending on how far your location is from the dump site will determine the haul price ($125 fee would be for about a 15-20 mile radius), a long term rental would be approximately $35-$65 month if you can negotiate to use the container without it, more power to you! Joe Abbascia is an expert property investor providing vital knowledge on how to buy properties wholesale, about flipping homes successfully and more. You can learn more by visiting PropertiesCentralWholesaleDeals.com. Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

Is It Time For New Windows?

Sat, 10 Mar 2012 02:17:18 -0800

Some home improvement projects are very obvious, while others are not. Windows kind of fall into that gray area. Sometimes we can really see that they need to be replaced, but at other times the signs might not be quite as clear. In this article, we will discuss some of the surest signs that it's time to replace your windows. If you see condensation or a buildup of frost on your windows, it's time to consider replacing them. These are both signs that moisture is leaking in because the glass is either worn, or might be pulling away from the frame. Since glass expands and contracts, this is something that typically occurs once windows age. Replace your windows and you'll quickly see the condensation come to an end. If the interior pane feels warm in summer months or cold in winter months, it's time to say goodbye to your old windows. This is a sign that your windows aren't as well-insulated as they once were. It means that air is creeping in through tiny spaces between the glass panes and the frame, causing your windows to be less energy efficient than they once were. When you replace those old and tired windows, you might see as much as a 50 percent decrease in your heating and cooling costs, due to their moderate to high R-value. The higher the R-value, (R-value: the ability of a material to resist heat flow) the greater the resistance and energy efficiency; which equates to more energy savings for you. This applies to both heating and cooling costs, meaning those new windows could pay for themselves in very little time. If you try the candle test and the candle flickers, it might be time for a window home improvement project. This tip might not actually mean that it's time to replace the windows. Sometimes if the candle flickers in only a couple of spots you can get away with just performing a caulking project. If you're noticing an extensive draft though (by seeing the candle flicker at each and every one of your windows for instance), then it's time to replace those old drafty windows with some new and energy efficient ones. If you look at the exterior of your windows and see if they have rotting wood, cracked trim, or missing pieces of frame then head to the home improvement store to pick out your new windows. While one or two small cracks could certainly be repaired, if your windows are cracking and rotting extensively then you're better off replacing them entirely. This is a sign that those windows have seen better days and unless you replace them, the rotting and cracking will only continue to get worse. When you take the time to install your new windows, you will not only see a savings on your energy bill, but an improved curb appeal for your home too. If you have several windows that show signs of broken or cracked glass, it's time to call your contractor to find replacement windows. The glass on older windows can be very difficult to repair, and even if you do, the window might not ever look "right" again. This certainly affects the curb appeal of your home. In addition, cracked and broken glass means that outdoor elements are getting in, meaning your home is less energy efficient. The very best way to correct this problem is to replace those old and tired windows with new ones. Replacing your windows might not always be the obvious home improvement project to take on, but it is one that will make your home both energy efficient and beautiful. When you consider my tips, you'll quickly be able to determine if your windows need replacing. Once you take on this project, your home will feel comfortable and welcoming, meaning that your money was invested well in an important home improvement project. Joe Abbascia is an expert property investor providing vital knowledge on how to buy properties wholesale, about flipping homes successfully and more. You can learn more by visiting PropertiesCentralWholesaleDeals.com.Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

-Five Tips to Make Your Credit Record Sparkle-

Sat, 10 Mar 2012 02:07:33 -0800

After the past few years of a tough real estate market and even tougher unemployment rates, many people have suffered unfortunate negative marks on their credit records. Read on for five simple ways to polish up your credit and enjoy the benefits of access to lower interest rates and other savings. 1. Get your free credit report from each of the three major credit bureaus. Even though you may hear all kinds of advertising for "free" credit reports, only one entity will provide you truly free credit reports, once every 12 months. The website, AnnualCreditReport.com, is the only way to go to Transunion, Equifax and Experian to get your free annual credit record. You will not be able to get the free report if you go directly to the credit bureau websites. Keep in mind that these reports show all of your credit history, but do not include a FICO score. You will have to pay a fee to obtain your score. 2. Review all of your monthly payment accounts and know which ones affect your credit. For many people, monthly bill paying is a continual juggling act, and each time you may need to pick a different bill to pay late. From looking at your credit reports, you will be able to see which companies report late payments every time, which ones only report late payments some times and which bills do not even show up on your credit record. For example, the only way utility bills typically show on your credit record is if you leave an account open and never pay off the balance. Late payments, as long as they eventually get paid, do not show up. 3. Review each of your credit reports and look for errors and information that should be removed. Each credit bureau records your information in a slightly different manner, and you could find errors on one bureau's report that do not show up on the others. You have the right to dispute any errors or information you feel is not yours. Sometimes another family members information could easily get confused with yours. Your credit reports will also tell you how long certain negative records will continue to show up, and you could find that a legitimate negative mark might disappear from your record in the next year or so. This can help you evaluate and plan for the proper timing if you want to apply for a loan and need an improved credit score. 4. Learn as much as you can about laws that pertain to credit card balances and collection efforts. Many credit card companies contract out their collections to firms that specialize in hiring aggressive people to harass you in an attempt to get the debt repaid. These collectors take advantage of the fact that most people are not aware of what is legal and what is not, in terms of collection efforts. Having collection agencies call you is stressful enough; know your rights and understand how the laws protect you when your account is in collections. 5. Keep all of your credit card balances under 30% of your maximum credit lines. This might be difficult while you are paying down debt, but make this a goal once you get things paid off. The credit bureaus base your credit score in part on how much available credit you have. Why? Because people that find themselves in financial trouble usually max out their credit cards. Now you have some weapons in your arsenal against creditors and black marks on your credit report. For the most part, the steps above cost you nothing but a little bit of effort, and once your credit report is cleaned up you can breathe a sigh of relief. Choose just one of these steps, and work towards an improved credit history today -- your wallet will thank you for it. It’s hard enough thinking about where you’ll go once you sell your property. Don’t add to your problems by worrying about who will buy your property. To learn more about how we might be able to take your problem property off your hands, go to www.PropertiesCentralHomeBuyers.comJoe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

7 Great Ideas to Transform Your Old, Tired Floors!

Sat, 10 Mar 2012 02:02:57 -0800

How many times have you wished that your flooring was shinier, a different color, or just generally different? Today's flooring products come in such a wide variety of styles, colors and price ranges that a little bit of work could turn up just what you have been thinking of. Read on for seven ways that you can enhance or change the flooring in your home today. 1. Give your hardwood floors a refinishing treatment. For homes that already have hardwood floors installed, a hardwood floor expert can work wonders with sanding and staining techniques to cover water damage, stains and other issues on older wood floors. Once the floors are completely sanded and stained, you want to apply 3 coats of polyurethane to provide a hard durable finish. It’s your choice preference of finish sheen, the most popular is semi gloss, your other choices are also gloss and satin finishes. Today’s technology provides two choices in polyurethane, oil base & water base. Water-based will not yellow. Therefore the color of the stain remains true. Oil-based will yellow and tint the overall effect of the color. Many prefer the water-based for the lack of annoying fumes at the time of application, low risk of combustion, as well as the shorter drying time. The oil-based product generally reaches full hardness sooner than the water-based. If time is an issue, this may be compelling. 2. Install new carpet. This option is popular because it is easy and carpet comes in so many colors, patterns and levels of quality that you are bound to find something that meets your needs. Stay away from "trendy" colors if you think that you will be selling your home within the next few years, though, as many people want a home that is ready to move in to, without any additional expenses for new carpeting. 3. Investigate your options with ceramic tile. Tile is durable and easy to clean, which makes sense for bathroom and kitchen areas. Ceramic tile is an interesting option that allows you to get a high-end look for an extremely reasonable price. Check your building supply houses and big box stores for deals on high traffic tile; you will be surprised on the great buys available in the .80-.99 cent per square foot price range. There are five grades assigned to floor tile, the grades are in roman numerals, with grade I being the lowest and V being the highest. Grade III tiles are perfect for residential applications in kitchen and entry areas which receive considerable traffic, Grade II can be used where light traffic is expected, like bathroom floors. Grades IV & V are mostly used in commercial applications. 4. Install Pergo or some of the other brands of laminate wood products. These types of flooring look great, and are easy to install on your own. Choose from a variety of colors and styles, and save a bundle on floors that have a great hardwood look for a fraction of the cost. 5. Get creative and use special paint and stencils to create designs on your flooring. This works especially well in a child's room, a garden room or the kitchen. Paint a "mat" in front of your kitchen sink in a bold color-coordinated pattern to add a touch of whimsy, or go down to the concrete and stain your floors for a modern, industrial look. 6. Get really crafty and use brown kraft paper for a faux-leather look. This rustic take on flooring is easily accomplished in the following way. Using paints made for flooring, crush brown, thick kraft paper and dip in the paint, then stamp on your floors. This method works best when done in darker shades of brown paint, with a satin-finish protective varnish applied afterward. 7. Install one of the new types of vinyl sheet flooring that requires no gluing. This flooring comes in a variety of great looks and patterns, making it one of the easiest choices to transform a room. Whether you want an artsy look or sophistication, follow the above tips to transform your old looking floors, you’ll be amazed at your results. It’s hard enough thinking about where you’ll go once you sell your property. Don’t add to your problems by worrying about who will buy your property. To learn more about how we might be able to take your problem property off your hands, go to www.PropertiesCentralHomeBuyers.comJoe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

Give Your Tiny Bathroom A Large, New Look!

Sat, 10 Mar 2012 01:50:15 -0800

Small bathrooms often feel cramped and difficult to change into an attractive and inviting area. Transforming yours doesn't have to be difficult though. Follow these simple steps to turn your small bathroom into a spa oasis that you can enjoy today. Consider replacing your bathtub with a shower. Stand alone showers will always take up much less space than a traditional size tub, and many individuals find that they prefer them. Consider removing your tub and instead, installing a glass enclosed shower, with seamless doors and a tile back splash. You can also add glass block mirrors around the shower to further give the illusion of space. This is an effective way to update your bathroom, and create the appearance of a larger room. Install a large mirror. This simple trick might just make your bathroom appear to be twice the size. Many decorative mirrors are available at your local design store, so pick one that fits your style. Install the mirror right above your sink, or in place of a larger picture in your bathroom. The reflection off the mirror will give the appearance of an increased space, and the decorative factor will add elegance to your room. Consider a wall-hung toilet to increase space. Wall hung toilets take up much less space than traditional models, and they offer a modern and updated appearance to any bathroom. The concealed tank is slim, plastic, and supported by a metal frame that fits in the cavity of a 2x6 stud wall. The frame also supports the bowl, which does not rest on the floor. These toilets are quieter than those with exposed tanks, but the biggest advantages come from having the bowl mounted on the wall: It takes up less space in the bathroom and makes it easy to keep the floor clean. Add a pedestal sink to your bathroom. Pedestal sinks are always in style, and they will take up a significantly reduced amount of space as compared to a cabinet model. If storage is a concern, consider using wall hung baskets and shelves to both save space and update the look of an older bathroom. Pedestal sinks are sold at most plumbing supply & big box stores, and they are often easy to install yourself. Both of these points make this a one day home improvement project that is very much worth your time. Choose a light color for your walls. This is an easy do-it-yourself project that will make your space feel larger, for a minimal price. Choose a light shade of green, blue, beige, or yellow to create a relaxing, warm environment. Also, consider painting the ceiling, baseboards, and door a very bright white. If you have any opportunities to bring in light, be sure to use those to create the illusion of a larger space too. Improving the appearance of a small bathroom might seem frustrating, but it doesn't have to be impossible. With a few cost effective upgrades, you can make even the smallest of bathrooms feel larger and more inviting, increasing the overall comfort of your home. Take some time to apply the tips mentioned here and you will be on your way to creating a bathroom space that you can truly enjoy. It’s hard enough thinking about where you’ll go once you sell your property. Don’t add to your problems by worrying about who will buy your property. To learn more about how we might be able to take your problem property off your hands, go to www.PropertiesCentralHomeBuyers.com Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

-Five Must Knows Before Your First Flip-

Wed, 01 Feb 2012 05:19:08 -0800

Your first property flip can certainly be an exciting time. It can also be a stressful time. There is so much that you must do and decide. It can be overwhelming; especially when you consider how much is riding on that flip. If you do not do things right, you could lose a great deal of time and money. If you are not careful, you may not even be able to sell the finished flip for what you purchased it for, including all the renovation costs. The good news is that there is plenty of information out there that can help you. Before you get started on your first flip, there are some things you will need to know. Here are five things you have to know and consider before you ever even purchase a home for your first flip. 1. Making the Right Offer is Vital When you find a home that you think you will want to purchase, you have to make the right offer. Many people do not realize it, but every bit of potential profit from your flip will come from how much you pay for it in the beginning. If you pay too much for your home, then you could eat up any potential profit you could get from selling it. 2. The Home Inspection You may look at the home you are thinking about buying and you may think you have a pretty good idea of how much work it will need. There also could be numerous issues in that home that would warrant an inspection. For example, you could have a cracked foundation, mold in the walls, or a bad roof. Making the right purchase offer that allows enough for your rehab budget, contingencies for the unexpected and a profit will allow you to make an offer without a home inspection. This will usually get the deal closed faster. Should you not feel comfortable with that at first, by all means, have a home inspection. 3. Make Use of Contractors Many people get excited with their first flip and they think that they will be doing all the work themselves. There are a few problems with this. Unless you are a home repair specialist, you can get overwhelmed in a hurry, not to mention the quality of your finish work! Just because it looks easy to install a countertop or lay carpet does not mean it is that easy. If you try to do the work yourself, you could find yourself having to call in a professional later and spending more money. By choosing contractors in the beginning, you can avoid this. 4. Set a Realistic Timeframe and Stick to It That first flip can be hectic from the very beginning and you may find it hard to set up a timeframe. The most important thing to remember is that it will always take longer than you expect to flip that house. You will need to do some research and talk to your contractors in order to determine a realistic timeframe and then don’t be afraid to add several weeks to it. Don’t get enamored by all the flipping shows on TV that focus on setting unrealistic timeframes for the drama of television! This is your first flip, enjoy and learn from the experience! 5. Know How Much to Sell For Many people see dollar signs when they get ready to sell their flipped home. However, if you price it too high, you could find yourself sitting on the property for a very long time. If you want to make a profit, you have to price it right to sell the house quickly. This way, you can avoid making any extra mortgage payments that just eat away at your profit. To do this, you will need to get a good idea of what homes in the area are selling for and then set your asking price slightly lower. This is the best way to sell quickly. Remember, this is a business, take the personal emotions out of the sale, price it right for the market, not what you think it should sell for, make your profit and move on. If you keep these five things in mind, you will be able to successfully complete your first flip so that you can get started on the road to a profitable business. Joe Abbascia is an expert property investor providing vital knowledge on how to buy properties wholesale, about flipping homes successfully, and more. You can learn more by visiting PropertiesCentralWholesaleDeals.com Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

REO Profits: The Raw Truth Told-

Wed, 01 Feb 2012 05:15:36 -0800

It’s possible to make money with Real Estate Owned (REO) properties if you avoid numerous pitfalls, setbacks and other financial traps. Here’s the reality: The process is stacked against your financial success. Here’s what you need to know to ensure that you can successfully invest in Reo properties – profitably. What is an REO? Real Estate Owned (REO) is property that has been taken back by the lender. It doesn’t matter whether the property is located in a judicial or non-judicial state; the end result is the same. When a homeowner is unable (or in the case of so-called strategic defaults) – unwilling – to abide by the terms of their mortgage agreement, the lender initiates foreclosure proceedings. Once the homeowner exhausts all of their legal options to retain possession of their home, an auction is held (the lender’s winning bid is normally the amount owed by the borrower), the homeowner moves out and the lender gets the property back. Once the lender regains control of the property, it becomes known as an REO. REO Headaches for Lenders Lenders feel a financial squeeze long before a property becomes an REO. The reason? The FDIC requires lenders to maintain adequate reserves for all of their performing assets. When a Notice of Default (NOD) is filed, that asset is by definition non-performing. Once this definition is met, banks are required to have between 3-8 times the amount of non-performing loan balances in reserves (depending on their credit rating). Since banks are able to borrow 10 times their performing balance at very low rates, they lose 10 times the loan amount in borrowing power plus the reserves. Based on these economic realities, you’d think banks would be giving away houses at steep discounts in order to get them off their books, wouldn’t you? Unfortunately, this isn’t normally the case. Lenders Motivated to Move REO Properties It’s no secret that banks are in business of making money. Many people have the misconception that lenders stay up late praying that borrowers will default. While this might be true of certain low balance, high value properties, the overwhelming majority of loans don’t fit into this category. Banks are in a daily race to profit or perish. In order to achieve this goal, lenders borrow low, lend high and do their best to ensure that monthly payments flow into their coffers on a regular basis. When these payments don’t materialize, lenders are forced to foreclose and take properties back, adding them into their REO inventory. For the reasons mentioned above, lenders should be highly motivated to unload these properties as quickly as possible. BPO: Opportunity for Pricing Shell Games Lenders have to unload REO properties as quickly as possible. In order to make this happen, lenders routinely turn to real estate professionals to give them a rough estimate of the property’s value. Instead of getting a full-blown appraisal, many lenders will request something called a BPO - a Broker’s Price Opinion. Not nearly as detailed as a full property appraisal, this is nothing more than the opinion of the broker giving it. Here’s why the BPO is a pricing shell game: Lenders have to sell these non-performing assets as quickly as possible. Real estate brokers earn very little for BPO work; their real profits come from listing and selling properties. The Brokers providing these BPO’s, will come in with the highest-possible figure, many times at or very near fair market value, with the hopes of getting the listing. Condition and Value of REO Properties BPO figures are typically pie-in-the-sky figures designed to woo the lender’s listing business. I know brokers are supposed to be a little more honest about how they pass judgment on a property’s value, but they have to put food on the table. Is it right to play these games? Absolutely not... There’s a very good reason playing pricing games is bad idea: Most REO properties aren’t worth anywhere near the inflated BPO values. The reason? Many REO properties are distressed. Their former owners were more worried about solving their financial crisis than they were with fixing a leaky roof or making other needed repairs. Fast forward several years later… the property has probably been vacant for an extended period of time, adding to the list of repairs needed to bring its value back up. The broker making the BPO is either blissfully unaware of repair costs or chooses not to say anything for fear that they’ll lose the listing. The Average REO Buyer Most first-time REO buyers aren’t wise to the games played by brokers and lenders. As a result, they’ll either pay too much for an as-is property or -- if the property is fairly priced -- they’ll get into a bidding war with other first-timers. The result is the same: A first-time REO homebuyer will become the proud owner of a property that probably needs extensive repairs. What happens next is a shame: Due to insufficient funds after the over priced purchase, the property either never gets rehabbed, or if it is, the repairs don’t go far enough, leaving the buyer with a property that doesn’t increase in value. This hurts the property values of surrounding properties, which tends to leave the rest of the neighborhood looking tired and run down. How to Avoid Being an REO Victim There’s a good way to avoid being victimized by the REO scam: Do your homework. Understand that REO properties can be great investment opportunities, but only if you: Understand how to estimate before- and after-repair value Pay only what the property is truly worth -- not the amount that a “helpful” real estate brokers says a property “should” be worth once needed repairs have been made Take the time to learn all the ways that lenders and real estate professionals play games with REO values I’m not saying REO properties are a bad investment; they’re not. It is possible to pave the road to your financial future with well-timed, properly executed REO purchases. But you have to play an active role in your success, relying only on cold hard facts. If the numbers tell you an REO investment makes sense, do it. Otherwise, walk away as quickly as possible. There are profitable REO deals out there. You just have to find them. Joe Abbascia helps real estate investors at all stages of their investing careers to learn effective strategies to buy properties wholesale and capitalize on profitable opportunities. Profits are available in any market. You just need the right tools. Learn more about Joe and how his unique investing style can help you reach the pinnacle of success by visiting PropertiesCentralWholesaleDeals.com– today. Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

Hard Money Lenders: The Down and Dirty Truth-

Tue, 17 Jan 2012 16:00:16 -0800

The window of opportunity on most good real estate investments slams very quickly. If you’re in the right place, at the right time, you stand to earn huge returns on your investments, assuming you can secure the funds you need to make the purchase. Because the approval process for conventional financing takes so long, golden investing opportunities can disappear long before your lender says “yes”. A hard money loan is a great way to get your hands on the cash you need before a narrow window of opportunity slams forever. What is Hard Money? First, don’t let the term “hard money” scare you off. This simply refers to a form of real estate financing that carries higher costs and less favorable terms than you might be able to get if you have the luxury of waiting for a loan to be fully underwritten by a traditional lender. Most – if not all – rehab deals will not meet traditional loan guidelines because of the amount of renovations needed. Quick closings are typically also needed to keep the deal from slipping away! Here are the most important hard money details: You can typically borrow up to 65% of the property’s current value – The first thing you’ll have to understand when obtaining hard money loans is that these lenders aren’t like your friendly community lender. A lending decision is extremely quick – and is based almost exclusively on the value of the property as it is today. Your FICO score doesn’t normally matter – Hard money lenders base loan eligibility on the value of the property. If the deal goes south, the lender can easily sell the property to recoup their funds. Because more risk is involved in a hard money loan, expect your lender to want to know whether you know what you’re doing. Do you have a business plan in place? Have you created a scope of work with a repair budget? You’ll need some cash to get started – While Hard Money lenders are typically willing to lend up to 65% of a property’s as-is value, you’ll need to come up with some of your own cash for the purchase. Because hard money lenders understand your business, most will fund 100% of the renovation costs. Interest rates can range from 12% to 18% with 3-6points paid. Loans are usually good for 9-12 months of interest only payments. One thing to keep in mind, the interest is only paid on the borrowed funds, so as you request more of your rehab budget, your interest payments also increase. Don’t expect your lender to cut you a check for the full amount of the renovation budget upfront. Instead, the funds will be dripped out to you in stages, as you complete different phases of the rehab. Most hard money lenders will release funds within 24-48 hours of proving that rehab work has been completed, which is verified by an inspection. Expect to pay between $200-$300 for this inspection (plus about $50 for a title search for each stage of the project). Hard Money Warnings You’ll need to exercise caution when considering hard money loans. Total loan costs – points, fees and higher-than-normal APRs – can quickly add up. The best way to decide whether a hard money loan makes sense on an investment is to crunch the numbers. It’s all well and good if you can get a hard money loan, close quickly and begin rehabbing within a week or two. The bigger consideration is whether that transaction will be worth the cost. If it is, do it; if not, pass up on the investment. Best Hard Money Opportunities If you’re interested in quick fix and flip opportunities, hard money might be the way to take advantage of great opportunities in today’s market. If you have – or can get – the upfront cash needed to secure a property, hard money can quickly help make the rehab reality happen! Remember, you’ll have to spend the initial cash to make repairs. You’ll get the cash back in stages, once you’ve proven to your hard money lender that the repairs have been made. Now that you have a better idea of how hard money loans work, get out there and find ideal hard money loan opportunities. Then you’ll just need to pick the hard money lender best-equipped to help you reach your financial goals. Opportunity sometimes only knocks once. Answer the knock with a hard money loan – today! Joe Abbascia helps real estate investors at all stages of their investing careers to learn effective strategies to buy properties wholesale and capitalize on profitable opportunities. Profits are available in any market. You just need the right tools. Learn more about Joe and how his unique investing style can help you reach the pinnacle of success by visiting PropertiesCentralWholesaleDeals.com – today. Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

Finally! A Rehab Purchase Formula that Makes Sense-

Tue, 17 Jan 2012 15:59:34 -0800

When you get started in flipping homes or making rehab purchases, you will find that one roadblock will be determining how much to offer for the home. You will have to determine how much you can offer at a maximum while still having the potential for a profit once you rehabilitate the home. You will also have to determine how much you can afford for the offer. All of this together can make things quite difficult, especially if you are new to the game. If you are not careful, you could over extend yourself and you will not be able to make a profit. Alternatively, if you come in with too high of an offer, you could get shut out and you may lose the property to someone else. It would be nice if you had some way of determining how to make that offer. A formula would be great, wouldn’t it? The good news is that there is one! Right here, you will find everything you need to always make the best offer on the property you would like to flip. When Do You Make Your Profit? The first thing to remember is when you actually make the profit on a property. Many first time investors mistakenly assume that the profit comes in when they actually sell the property. While that may be when you actually get the cash, this is not when you make your profit. You do not make the profit during the house flip either. Instead, the profit comes in when you first make that offer on the home. If you do not make the right offer, you will lose that profit from the very beginning. Understanding Maximum Allowable Offer The formula that you will need to use every time you purchase rehab property will be to understand maximum allowable offer. Often referred to as MAO, this offer should be the most you will be willing to pay for a property. If the sellers will not accept this, then you will know that your potential for profit is just not there. If you calculate the maximum allowable offer and then stay with it, you can make the best profit on your rehab properties. Three Steps to Calculating Your Maximum Allowable Offer In order to determine what the MAO is on the property you are considering, all you need to do is follow a simple three-step formula. If you do this every time you make a purchase, you will have a much better chance at succeeding with your flips. Step One: Determine the value of the property after it is repaired. Hopefully, the home will be worth a great deal of money more once all the repairs are made. You can get a good idea of how much you will be able to sell the home for based on what other homes in the neighborhood are selling. Often referred to as “after repaired value,” this number will be important to the formula. Step Two: Determine your repair budget. This estimation can be a bit confusing if you are new to flipping homes. Do not be afraid to get advice, but you will need a good estimate of how much you will spend on your repairs to the home. Step Three: Use the formula. Once you have the two numbers above, you will just need to use this formula. The ARV (after repair value) – cost of repairs x .70 = MAO. If you use this three-step process, you will have an easy way to determine the most you are willing to offer on a house flip and still make a profit. This is especially useful for beginning investors, but it can be a formula you will find yourself using again and again. Joe Abbascia is an expert property investor providing vital knowledge on how to buy properties wholesale, about flipping homes successfully, and more. You can learn more by visiting PropertiesCentralWholesaleDeals.com Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

Do Cheap Rehab Repairs = Big Profits?

Thu, 01 Dec 2011 06:00:07 -0800

Real estate investments and home flipping is all about the profit, right? You may be thinking that once you start flipping, you will want to cut as many corners as possible to save money and make big profits. However, if you take the time to watch other, seasoned flippers, you will find out something very quickly. Cheap rehab repairs never equal big profits. In fact, if you pay attention, you will notice that cheap has often led to flippers losing money. There are reasons for this, and in the end, you will see how cutting too many corners can cost you big. You Get What Your Pay For Have you ever heard the phrase “you get what you pay for?” It is often used in reference to restaurants, clothing and technology. However, it can refer to real estate and real estate repairs as well. If you choose that faucet that seems really cheap, chances are, there are reasons it is so cheap. Often, choosing fixtures, building materials and options for the home that are simply cheap will come back to haunt you in a hurry. This is also true of the contractors you hire to do the work. Just because one contractor charges an inordinately low amount does not mean you should choose them. Often, contractors that seem too cheap could be cutting many corners, which would be downright disastrous to your finished product. Interested in seing a list of properties available for sale check out our site here Potential Buyers Will Notice Your next thought may be to choose better contractors but then use cheap materials and or cut back on upgrades and try to pass them off as high quality because it looks new. There is a big problem to this. At first glance, these cheap materials may look ok. However, potential homebuyers will not just glance. They are making a big investment, so they will look, and they will do so with a critical eye. If you choose Formica countertops when you should be using granite, buyers will notice. Unlike choosing a low cost light fixture, the buyers will be wowed by the granite sizzle features and not think twice about the lighting used. This approach will get it sold at the top of your market pricing. Quality without the Hassle Just how, then, can you make a big profit off a house flip if you have to spend more money on contractors and materials? There is a simple answer. You just need to be reasonable. If you look for contractors that offer fair prices, chances are, you will get much better quality of work done, and also get the flip done faster. Most potential buyers will not see the added value in that designer bathroom sink. They will notice ceramic tile over the sink! This value is huge; the cost difference is even bigger! Another way you can make the most profit will be to understand the whole scope of the project and stick to your timeline. This is a house flip, not a refurbishment of your own home. You will need to keep the whole scope of the project in mind, and do not get bogged down in bickering over which paint color to use and what backsplash to pick. All you will do will be losing money. Instead, make decisions quickly and let the contractors do their work. Do cheap rehab repairs equal big profits? No, they do not. In fact, they could actually cost you your profit in the long run. You need to make sure you see the difference between being cheap and being budget conscious so that you can have a successful and profitable flip that will work out for you and the homebuyers in the end. Joe Abbascia is an expert property investor providing vital knowledge on how to buy properties wholesale, about flipping homes successfully, and more. You can learn more by visiting PropetiesCentralWholesaleDeals.com Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

-Top 5 Reasons New Investors Fail-

Wed, 30 Nov 2011 11:00:55 -0800

If you are a new investor and you are interested in getting started flipping homes, then you do have a great deal to learn. If you know the pitfalls and problems that can come along, you will have a much better chance at succeeding. The truth is, many new real estate investors fail. Most likely, the majority of investors fail, and they do not have to. If they only avoid certain problems, they could have succeeded. Instead of going down that path to failure, you need to learn now so that your business can be successful. Here are the five reasons why new investors fail so that you can make sure you avoid them. 1. Over Paying for that First Flip The first home flip can make or break your new business. While there will most likely be plenty of things that will not go as planned during that first flip. That part is unavoidable. However, the big mistake that many new investors make has to do with the actual purchase. They may not do enough research, and with the determination to make that first purchase, they may pay way more than they should for the home they decide to flip. Over paying for a home will leave you in a tough situation compounded with rehab costs, while being able to sell it at a price to make a profit could pose a loss. A loss for a brand new investment business could be too hard to overcome. 2. Lack of Planning Another reason why first time investors have trouble succeeding is that they jump in head first without any sort of a plan or budget or scope of work for the flip itself. They may have a grand idea of getting the flip done in a certain amount of time without any idea of how to get the actual work done in that time and at what cost. Without a plan, a flip could turn into a disaster. 3. Forgetting to Supervise Often, first time flippers think that all they will have to do is hire contractors and then they can walk away from the home until the flip is done. However, this could lead to disaster as well. When a flipper leaves all the work to the contractors, there is so much that could go wrong without their knowledge. Decisions are made on the spot, should a contractor make one on your behalf that is a wrong one, you have to live with it. In addition, not all contractors are trustworthy. With out supervision, they could drag their feet getting the work done, take 3-hour lunch breaks or do other side jobs while they are supposed to be at your job site. 4. Setting Up Unrealistic Timeframes So many first time flippers have no real idea how long it actually takes to complete a flip. They may think that they can set a lofty goal to avoid more carrying cost expenses. A good rule of thumb to follow: Give yourself six months; plan all your carrying costs and expenses for 6 months, then work towards getting it gone in three to four months depending on the extent of work needed. 5. Going Overboard with the Flip Many people who are first time flippers make a very big mistake. They start designing the home based on what they would want for their own home. They may pick out designer tiles or trendy paint colors. When this happens, it could be much harder to sell the home. You will cause potential clients to walk away if they look at your house and think that they will have to change too many things. It is better to keep your personal taste out of the flip and choose neutral options. First time flippers certainly face a number of hurdles to getting their business off the ground. Many real estate investors fail simply because they make these easy to avoid mistakes. You can make sure your business has a real chance to succeed if you avoid these five mistakes. Joe Abbascia is an expert property investor providing vital knowledge on how to buy properties wholesale, about flipping homes successfully, and more. You can learn more by visiting PropertiesCentralWholesaleDeals.com -today. Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

Vacant Property Insurance: Why Do You Need It?

Sat, 05 Nov 2011 12:29:19 -0700

When you decide to start purchasing rehab houses to flip for a profit, there are so many things that you will need to consider that some things could get lost through the cracks. However, if you create a checklist of all the things you need to do and consider anytime you purchase a house for flipping, then you can make sure you do not miss any of these things. Of course, you most likely have already considered the process of setting a budget for your flip, determining timeframes, how to find contractors and finding the best way to sell the home. However, one very important thing that you may accidentally overlook once the renovations are complete is vacant property insurance. Do you know what this is? Have you ever even heard of vacant property insurance? If you have not, then it is time to learn. What is Vacant Property Insurance? This insurance is a specialty policy designed specifically to cover properties that will be left vacant for more than one month after your renovations are complete. There are damages that can happen to vacant properties that will not usually happen to properties that are occupied. Because of this, the vacant insurance policies are designed to cover these problems. One of the things that you will need to know is that vacant property insurance usually costs about three times what a standard homeowner’s policy will. This means you will need to keep this in mind when you are creating a budget for your house flip, this will also take effect after any major renovations were completed, a builders risk policy would be in effect during the rehab, that’s a topic for another article. Why Can’t I Just Take Out a Homeowner’s Policy? Since vacant property insurance is so expensive, you may be wondering why you cannot just take out a homeowner’s policy. This will not work, though. If you look at most homeowner’s policies, they will not cover homes that have been unoccupied for more than three months. If you try to use a standard homeowner’s policy and then something happens, most insurance companies will deny your claim, leaving you with a very big bill. If you still think you might be able to get coverage through your homeowner’s policy, you will definitely need to check with your insurance. Very rarely will vacant homes be covered. Why Do I Have to Have This Insurance Anyway? Since the insurance will cost so much, you may be wondering why you have to have it in the first place. What could possibly happen to a house you are flipping? There are actually numerous things that could go wrong. Vacant houses are much bigger targets for burglars and vandals. You may come in one morning and find that someone has stolen wiring, fixtures or even doors. In these cases, you will have to cover replacement cost on your own if you do not have a policy. Other things could go wrong too, like flooding, fire, or storm damage. In any of these cases, without the right coverage, you could find that your flipping budget goes out the window and your flip becomes an overwhelming nightmare in a hurry. This is why you must have a vacant property insurance policy. Once you have understood why it is so important, you will have to start looking for the right place to purchase it. Your current insurance company may offer these policies, but it never hurts to shop around. You may find that you can save money by choosing a different company from which to buy. No matter what, you must budget in your flip to cover this vacant home policy. If you do not, the cost you could end up paying could far outweigh the cost of the policy for the few months that you actually need it. Do not try to cut corners by not taking out a policy. Joe Abbascia is an expert property investor providing vital knowledge on how to buy properties wholesale, about flipping homes successfully, and more. You can learn more by visiting PropertiesCentralWholesaleDeals.com Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

Your Company Name, is it Important to Your Success?

Fri, 04 Nov 2011 08:27:43 -0700

When you start your own real estate investment company, there are many things you will need to consider. In order to make sure your business has the most potential for success, you have to give your name just as much attention and consideration. If you overlook this, your business could fail before it even has a chance to get started. In any business, real estate or otherwise, the name is extremely important. You may think you can name your company whatever you want, but this is far from the truth. Do you remember that old adage that first impressions matter the most? There is a great deal of truth to this. In the case of your company, the first impression your potential clients will have will be your company name. It is what they will see first and it could mean the difference between whether or not they choose to do business with you. Why it Matters So Much Why is your company name so important? Think about this: a company name can sound very professional or it can sound very cheap. Depending on what you name your business, your potential clients will make a snap judgment about what type of company it is. If you want to make sure that your business has a real chance for success, then you need to spend a great deal of time to name your company. Your name is the cornerstone for all your marketing; it brands you as a company. Once you understand the importance of a company name, you will need some guidance as to what will work and what will not. Naming your company can seem difficult. However, it does not have to be. What Will Work The first step to naming your real estate investing business should be for you to consider what you want for your business itself. You need to think about how you want it portrayed to potential clients. If you want a down home, neighborly image, then you will need something different from your company name than if you want a high profile, cutting edge image. Never forget that your company name is the first thing that your clients will see. Make sure they get the right image of you from the beginning. Details are important, but you want the company name to be something that stands out in customers’ minds. It may seem easy to choose something generic like “Advanced Real Estate Investments” but the problem with this is you will end up sounding just like every other company out there. Your potential customers may forget you. What works is a name that stands out from the rest. You can make it stand out by getting a little more detailed in what it portrays to the public. The public should be able to determine what you do instantly, so take time to develop a good descriptive name, i.e. “Kentucky Fried Chicken”. The name creates an image of home cooked, southern fried chicken. Now, after years of successful business name branding, they shortened it to “KFC”, so who doesn’t know what that stands for? What Does Not Work There are a few things you should avoid when choosing a company name. If you avoid these pitfalls, you can be sure not to make a mistake. While you want a name that is detailed, you do not want it to be too long. If it takes people too long to find you on the Internet or to spell out your name for directions, they may forget parts of it and it can just be a chore. Make sure your company name does not include more than three or four words. Another thing that will not work is a company name that does not state clearly what it is your company does. If your potential customers do not know what you are, how will they know to visit you? Your company name matters much more than you may realize. You will need to take some time to choose a name that will actually work for your business so that you can make the best first impression on potential clients. Joe Abbascia is an expert property investor providing vital knowledge on how to buy properties wholesale, about flipping homes successfully, and more. You can learn more by visiting PropertiesCentralWholesaleDeals.com Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

3 EZ Ways to Finance Your Flip!

Thu, 03 Nov 2011 10:50:06 -0700

Ask any home flipper and they will tell you one thing. It can be stressful! You will have to find contractors if you do not plan to do the work yourself. You will also have to make all the decisions as to what items will be used such as faucets, paint, and floor coverings. However, none of these decisions will be as stressful as choosing the right financing method if you do not already have a choice made. Of course, your first thought may be to finance your flip through the bank. However, there are many situations in which financing through the bank will not be the best choice. Bank financing will require you to provide credit info and work history, along with many other contingencies. Most times, traditional bank financing will not be the best financing for a quick sale. There are other ways you can creatively finance your flip, and some of them are much easier. Here are three ways you can finance your flip without the hassle of dealing with the bank. Home Equity Line of Credit / Unsecured Cards If you already own a home and you have equity in it, you can actually open a line of credit and then make use of this equity to finance your flip. A home equity line of credit is much easier than having to go through the hassle of getting a bank loan or mortgage. Often, you can open these lines of credit with just a telephone call and a couple of signatures. Usually, you can get them through the same lender that holds your mortgage. This makes things much simpler overall and you can easily get enough funding to finance your flip provided you have the equity available. Another option would be to tap into low interest credit cards; these are unsecured and offer another creative financing method, pool together three or four cards and you could have $50-$100,000 instantly! Hard Money Lenders Hard money loans are often referred to as rehab loans because they are used predominately for real estate investments and home investing. This is because the loans are designed to make it easy for you to finance the cost of the home, along with enough money to pay for the renovations. Here is how a hard money lender will work the loan. These loans are solely for investment properties. For the most part, if you are using a hard money loan to purchase your flip, you will be able to finance up to 65% of “as is” value of the acquisition, along with 100% of the renovation costs. This way, you will be able to borrow enough money to buy the home and then have enough cash to actually do all the repairs. IRAs All IRAs are not created equal! In order to use your funds tax deferred, you will need to open a Self Directed IRA. This will allow you to (just as the term says) direct your funds to the investment of your choice that is allowed under IRS guidelines, real estate being one of them. So, you will be able to borrow against your retirement and use the money for a home flip. You will need to pay the funds back to the IRA within a certain amount of time that you determine, but this is a good way to free up cash for your flip and also build up your retirement tax deferred. Should you not have loads of cash at your disposal, use one of the above financing options to get your deal done quickly and grow your business. Joe Abbascia is an expert property investor providing vital knowledge on how to buy properties wholesale, about flipping homes successfully, and more. You can learn more by visiting PropertiesCentralWholesaleDeals.com. Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

Why Sell Your Home to an Investor?

Tue, 01 Nov 2011 11:00:33 -0700

Selling your property quickly can be tough. If you have the luxury of time -- and have a desirable property -- it might be a good idea to hold onto your property for awhile and see if a buyer materializes. However, not everyone has the luxury of time or a picture-perfect property. Here’s how to tell whether you should consider selling to a real estate investor who can close quickly. You Have an Ugly Property or an Equally Ugly Situation. Let’s face it: Every property is different. If your property has more problems than you have solutions or repairs will eat up all of your spare time, a quick sale probably makes sense. If life has thrown you lemons in the form of a powerful need to relocate, you’re going through a divorce or you’re experiencing serious financial problems, waiting for the perfect buyer might not be an option. While you can’t control the negatives in life, you do have the power to decide the outcome. Sometimes, what seems to be a good thing turns out being something completely different. For instance, people sometimes inherit property from distant relatives who have passed away. When this happens, the surprise of an unexpected gift becomes shock at the amount of work -- and money -- involved in improving a property’s condition. These are the kinds of situations where it might make good sense to sell a property to a real estate investor. In other cases, you haven’t inherited a property, but a serious case of the I-don’t-want-it-anymores has caused you to decide that you want out -- as soon as possible. Many times, the issue is related to conditions beyond your control: Deteriorating neighborhoods Properties in need of repair Too little equity Bad tenants Overleveraged Properties A Real Estate Investor Can Make These Problems Go Away Real estate investors are an effective means of selling property quickly even if some or all of these conditions are present in your property: Property needs multiple repairs Trash and other debris needs to be removed Real estate agents demand multiple repairs before listing property for sale Real estate investors are skilled at bringing a dying -- or dead -- property back to life. Because they deal with property problems ranging from minor issues to full-blown disasters, they won’t require extensive repairs, cleanup or ask for other contingencies to be met in order to make the purchase. You can also sell your home without having to pay real estate commissions. In addition, you won’t have to suffer the inconvenience of having strangers traipsing through your home, criticizing its current condition. How to Sell Your Home Quickly The best way to sell your home quickly is to find a real estate investor in a position to make a fast purchase. The investor will come to your home and assess the potential to improve its condition. The good news? The investor doesn’t have to fall in love with your home. Decisions to purchase -- or not purchase -- a home is strictly economic. If it makes sense to the investor, you’ll get an offer; if it doesn’t, you’ll be told quickly. Either way, you’ll know where you stand, sometimes the same day. If you and the investor decide to move forward with a real estate transaction, the process is simple. Here’s what will happen: A Purchase and Sales agreement will be signed by both parties You’ll get the chance to have your attorney review the agreement A mutually-agreeable closing date will be set -- often within days, instead of the months that traditional real estate transactions sometimes take You avoid having to pay real estate commissions The Next Step is Completely Up to You I’ve told you some of the reasons why selling your home to a real estate investor might make good sense. The next step is up to you. You could decide that you want to try your luck at selling your property yourself. If, however, you don’t have the luxury of time or patience, give some thought to the possibility of selling it soon to a real estate investor. It’s hard enough thinking about where you’ll go once you sell your property. Don’t add to your problems by worrying about who will buy your property, sell it quick using an investor. Joe Abbascia helps real estate investors at all stages of their investing careers to learn effective strategies to buy properties wholesale and capitalize on profitable opportunities. Profits are available in any market. You just need the right tools. Learn more about Joe and how his unique investing style can help you reach the pinnacle of success by visiting http://www.propertiescentralwholesaledeals.com/ – today. Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.

4 bedrooms 2 Bath Ranch-Upper Hamilton, Lake Ave area of Worcester, Completely Renovated!

Thu, 09 Dec 2010 14:56:26 -0800

3 Nanita St.

WORCESTER, MA

4 bedrooms 2 Bath Ranch-Upper Hamilton, Lake Ave area of Worcester, Completely Renovated!

4BR/2BA Single Family House

$212,500

Year Built	1954
Sq Footage	1,400
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	2
Parking	4+
Lot Size	7,500 sqft
HOA/Maint	$0 per month

Description

ABSOLUTE MOVE IN CONDITION!!!... Upper Hamilton, Lake Ave Area of Worcester...Completely renovated ranch-new electrical, plumbing, woodwork, hardwoods, ceramic tile, roof, siding, Central A/C, fireplace /w gas log, baths, open floor plan kitchen /w eat-in island, stainless steel appliances, granite counters, under cabinet lighting-French doors lead to a new 12' x 17' deck which over looks a beautiful back yard... Completely finished basement/ w great family room & separate entrance that leads out to the yard.

Property Features

Central A/C	Central heat	Fireplace
Walk-in closet	Hardwood floor	Tile floor
Family room	Living room	Office/Den
Breakfast nook	Dishwasher	Refrigerator
Stove/Oven	Microwave	Granite countertop
Stainless steel appliances	Attic	Basement
Laundry area - inside	Balcony, Deck, or Patio	Yard

Community Features

Lake

Additional Photos

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Photo 3	Photo 8

Contact Info

Joe Abbascia

Properties Central Group

joe@propertiescentral.us

(508) 365-5400

For sale by agent/broker

Equal Opportunity Housing

Joe Abbascia helps people who desperately need to sell quickly to get the cash they need so they can get on with their lives. Selling doesn’t have to be a long, drawn-out process. If you’re going through a divorce, need to relocate or for any other reason need to sell fast visit today and learn how Joe can help you now.