BUYING FORECLOSURES-Can you get them to close?
I am getting ready to close on my 89th Foreclosure since
I got into Real Estate.
One of the reasons for this success is
I have put together a great team.
I use an Attorney who is not scared
of the one way contract that the
banks Attorneys through at the buyer.
He understands that you
can make it happen if you
understand the rules.
The other side of this team is
the Mortgage Broker/Bank.
My guy can get a 203K Mortgage
if needed or if the home is in
fair condition we can do a Normal FHA Loan. Sometimes
we can get away with a conventional one.
If the client is putting down a
big enough deposit and his credit is good
we do a Conventional Loan.
And best of all we close very quickly.
We can close on average within
8 weeks sometimes 6 weeks.
FORECLOSURES-Can you get them to close?
#thomassantore #coldwellbanker #foreclosures