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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (1842)	2/22/2002 1:56:09 PM
From: Patricia	Read Replies (1) \| Respond to of 306849

Good for you. Whatever works and cash can do that for a buyer as well as having a bank or ? who will give you that almost instant mortgage. When you get into estates that are in probate (or out)and there are a lot of heirs, you can often get a very good deal because the pie is being cut up in so many pieces and the heirs just want their money. There are deals all around but you just have to have the stamina, knowledge and time to keep looking. Money helps also. <S> What area do you buy in if I may ask?

To: Steve Lee who wrote (1842)	2/22/2002 4:26:51 PM
From: David Jones	Read Replies (1) \| Respond to of 306849

"normal tactic is to make tens of real low cash offers, like 50% of asking price" What? You must have a license. This practice would quickly give any agent a bad rep. And if you p-o all these agents many wont show the listings from such a person. And banks get tired of that also. Leaving your calls unanswered. I got into that sort of thing through my attorney in the early 90's but most properties were way out from the employment areas and all were a mess to boot. A couple had decent locals but were messed up in probate and the attorney was the only one going to make any kind of money. He and I sense parted company.