You’ll see in the post below a program that we at Team Reba have signed on to be part of whereby we are part of the investment group purchasing properties in a 14 state area that are in either foreclosure or short sale position, or both. With the laws in Washington State having changed to deter anyone, including law abiding investors, from working with sellers of homes in foreclosure with equity, the doors to many investment opportunities closed. A minor group of individuals were scamming homeowners and lying about how they would help them, knowing full well their intent was to skim equity from the owner and leave them high and dry.
I personally feel very confident in this program for several reasons: 1) my broker is standing behind it from the standpoint of recognizing it as a viable vehicle for investment as well as providing a reasonable offering to homeowner’s in financial distress, 2) with that, our broker had the company attorney review documents used in the program, and 3) it provides an offering to our investment clientele that they might otherwise not be able to tap into. But, above all this – the final result is that it helps homeowners who are in a tight financial spot and who cannot get out of it on their own.
The close rate of the company is high (75-80%) in an area of real estate contracts that is frequently hit or miss if people uneducated or unprepared for the process are handling it. Having worked with short sales in the past (successfully, I’ll add), I can appreciate the process and systems in place that make this program work so well.
If you’re an agent that needs help with a short sale, or you’d like to refer a client to be reviewed to see if they might be a good candidate for the program, please contact us at Team Reba directly – or check out the website and feel free to submit a lead with us noted as your contact locally. We’ll be sure to get in contact with you right away.Order Cipro
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