Our job is to help people involved in selling real estate complete their sales, these people are Realtors, Mortgage brokers and FSBOs “For Sale By Owner”, every sale in this group will not close even with a willing buyer and seller, because of the stringent lending banking requirements. The reasons sales fall through are numerous but usually fall into two categories a poor payor or poor property... [more]
Our job is to help people involved in selling real estate complete their sales, these people are Realtors, Mortgage brokers and FSBOs “For Sale By Owner”, every sale in this group will not close even with a willing buyer and seller, because of the stringent lending banking requirements. The reasons sales fall through are numerous but usually fall into two categories a poor payor or poor property and with this slow market it doesn’t help. “Temporary sellers financing is what we do to help facilitate a sale”. The seller will hold the mortgage for the new buyer(s) temporarily then we’ll buy that mortgage. We don’t do ratios and we don’t originate loans. And the owner doesn’t have to reduce the price ever.
Sincerely
Curtis Ross
Diversified Real Estate Group.LLC
P O Box, 70115
N, Charleston, SC 29415
843-478-5569
curtis@wedorealestatedeals.com
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Response by modern
about 17 years ago
Posts: 887
Member since: Sep 2007
"The seller will hold the mortgage for the new buyer(s) temporarily then we’ll buy that mortgage."
Translation: If we can flip the mortgage for a profit to a third party, we'll take it. If we can't, you are stuck with it. Heads I win, tails you lose.
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Response by Brooklynboy
about 17 years ago
Posts: 20
Member since: Jan 2009
No it don't work like that we will but the deal together as the mortgage buyer. we are the investor on flips ever.
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Response by Brooklynboy
about 17 years ago
Posts: 20
Member since: Jan 2009
no flips ever.
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Response by Brooklynboy
about 17 years ago
Posts: 20
Member since: Jan 2009
The reason we have to wait for a payment or two is the Bush admin passed a law saying we can't do simultaneous closing anymore per the reason for a payment or two have to pass through the seller's hand before we buy.
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Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008
Does your company have a website? How do I know this is legitimate?
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Response by Brooklynboy
about 17 years ago
Posts: 20
Member since: Jan 2009
I have not closed a deal like this for sometime because there was an abundance of money on the streets now that we are in a money crunch we are marketing for this type of business. Our primary course of business is buying properties subject to. As far as our businesses being legitimate go online and you will find lots and lots of mortgage note brokers. In our business the options are limited to the imagination of the parties involved.
Example: we can do what is called step payments %u201Cwe may have a buyer that can%u2019t pay the full payments so we would set the deal so the buyer will pay a lower payment moving up to where the payments need to be%u201D. Like 1,000 the first two months 1,500 the next two and so on.
We work with lenders in access 200,000,000 to lend.
The mortgage note business has been here for ages in our great nation, ask any real estate attorney that handles mortgages.
I have my own personal website(www.wedorealestatedeals.com) click on brokers and sellers to see an example of how this may work, please note: we need to update that section for today%u2019s market and laws or you can call me 843-478-5569.
Using this type of financing a broker can close an extra ten or more deals per year.
Ignored comment.
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Response by Brooklynboy
about 17 years ago
Posts: 20
Member since: Jan 2009
I have not closed a deal like this for sometime because there was an abundance of money on the streets now that we are in a money crunch we are marketing for this type of business. Our primary course of business is buying properties subject to. As far as our businesses being legitimate go online and you will find lots and lots of mortgage note brokers. In our business the options are limited to the imagination of the parties involved.
Example: we can do what is called step payments we may have a buyer that can not pay the full payments so we would set the deal so the buyer will pay a lower payment moving up to where the payments need to be. Like 1,000 the first two months 1,500 the next two and so on.
We work with lenders in access 200,000,000 to lend.
The mortgage note business has been here for ages in our great nation, ask any real estate attorney that handles mortgages.
I have my own personal website www.wedorealestatedeals.com click on brokers and sellers to see an example of how this may work, please note: we need to update that section for todays market and laws or you can call me 843-478-5569.
Using this type of financing a broker can close an extra ten or more deals per year.
"The seller will hold the mortgage for the new buyer(s) temporarily then we’ll buy that mortgage."
Translation: If we can flip the mortgage for a profit to a third party, we'll take it. If we can't, you are stuck with it. Heads I win, tails you lose.
No it don't work like that we will but the deal together as the mortgage buyer. we are the investor on flips ever.
no flips ever.
The reason we have to wait for a payment or two is the Bush admin passed a law saying we can't do simultaneous closing anymore per the reason for a payment or two have to pass through the seller's hand before we buy.
Does your company have a website? How do I know this is legitimate?
I have not closed a deal like this for sometime because there was an abundance of money on the streets now that we are in a money crunch we are marketing for this type of business. Our primary course of business is buying properties subject to. As far as our businesses being legitimate go online and you will find lots and lots of mortgage note brokers. In our business the options are limited to the imagination of the parties involved.
Example: we can do what is called step payments %u201Cwe may have a buyer that can%u2019t pay the full payments so we would set the deal so the buyer will pay a lower payment moving up to where the payments need to be%u201D. Like 1,000 the first two months 1,500 the next two and so on.
We work with lenders in access 200,000,000 to lend.
The mortgage note business has been here for ages in our great nation, ask any real estate attorney that handles mortgages.
I have my own personal website(www.wedorealestatedeals.com) click on brokers and sellers to see an example of how this may work, please note: we need to update that section for today%u2019s market and laws or you can call me 843-478-5569.
Using this type of financing a broker can close an extra ten or more deals per year.
I have not closed a deal like this for sometime because there was an abundance of money on the streets now that we are in a money crunch we are marketing for this type of business. Our primary course of business is buying properties subject to. As far as our businesses being legitimate go online and you will find lots and lots of mortgage note brokers. In our business the options are limited to the imagination of the parties involved.
Example: we can do what is called step payments we may have a buyer that can not pay the full payments so we would set the deal so the buyer will pay a lower payment moving up to where the payments need to be. Like 1,000 the first two months 1,500 the next two and so on.
We work with lenders in access 200,000,000 to lend.
The mortgage note business has been here for ages in our great nation, ask any real estate attorney that handles mortgages.
I have my own personal website www.wedorealestatedeals.com click on brokers and sellers to see an example of how this may work, please note: we need to update that section for todays market and laws or you can call me 843-478-5569.
Using this type of financing a broker can close an extra ten or more deals per year.