All of us on here know the importance of using and/or assigns on our purchase contracts, if we are planning on assigning them, but do you know how to use it and get it accepted without question or rejection?
As I write this, I a m speaking strictly from personal experience, because EVERY purchase and every offer, I have made, has read "and/or assigns". By now my agent knows to not even prepare the offers without it because I won't sign them.
I am always trying to figure out how to get real estate at a cheaper price. The price you pay for a property is absolutly crucial. Knowing that, one of the things I do all the time is get a reduction on the price I offer. Here is what I do. This works almost everytime, come to think of it, it has NEVER failed me. I have even gotten it to work on foreclosures which are bought "as is". Although I have done this at least a dozen times, I will use the most recent one as an example. About 3 weeks ago I had an offer accepted on a bank owned property (foreclosure) for $56,000.
If you've read previous articles that I discussed the correlations between general investment markets and Real Estate Investing you know two things:
1. The smart money (the ones with super deep pockets) are usually on the right side of the market, when everyone else is head faked on the losing side.
2. The most notable stock market investors ever, including Warren Buffet himself, made their fortunes with a rather simplistic investment methodology - buying assets at 50 cents on dollar (or less) of their intrinsic value, regardless of if the market as whole was bleak or positive.
Hello guys well here is my latest.
I do computer work by trade and I have a home ran business for computer repair. Well I had a guy contact me las week about building him a new computer.
After talking with him several times I found out that he owned a run down or rather somewhat undesirable 6 unit apartment building. He said it was in an ok neighbor hood but he just didnt want to be bothered with it anymore because he had not made any repairs to it in years.
We're proud to announce we have released another installment in Dean Graziosi's Deal of the Month video series.
This month Dean shows you how he made a killing on his first tax sale investment. I think you'll enjoy this one a lot.
Many people have heard of bird dogging. Many investors would love a bird dog to find real estate deals for them.
Using the Mail Man, UPS driver and gas meter checker in your area can be some of the best bird dogs. Think about this - they travel around looking at houses all day long. They know which houses are vacant and which houses are in distress a lot of times.
A simple talk with these people could possibly yield large results for you.
