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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Buying foreclosed homes from new owner Posted by mulloa on October 12, 2006 at 2:43 PM In Reply to: Buying foreclosed homes from new owner posted by Benny on October 09, 2006 at 5:40 PM : Any suggestions on where you can buy the properties after they have been bought via the sale, pre-sale, post-sale, etc.? For example, Joe buys a house 40% below market in one of the above scenarios and I can then buy the property from Joe at 30% below market with terms. Just a way to get in when you don't have 100% cash which is needed in CA at the sale. Thanks! Benny, You are looking for a wholesaler who only wants the spread and not the headache of fixing and flipping for the additional money & time. They usual will sell it to an investor/1st time home buyer for 80% FMV, I haven't seen 70% FMV. Put an ad on Craiglist or in the paper and see what you get. Or call up the ads that say we buy houses for cash and see if they will. mulloa Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Any suggestions on where you can buy the properties after they have been bought via the sale, pre-sale, post-sale, etc.? For example, Joe buys a house 40% below market in one of the above scenarios and I can then buy the property from Joe at 30% below market with terms. Just a way to get in when you don't have 100% cash which is needed in CA at the sale. Thanks! : Benny, : You are looking for a wholesaler who only wants the spread and not the headache of fixing and flipping for the additional money & time. They usual will sell it to an investor/1st time home buyer for 80% FMV, I haven't seen 70% FMV. Put an ad on Craiglist or in the paper and see what you get. Or call up the ads that say we buy houses for cash and see if they will. : mulloa Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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