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Make Money in Abandoned Properties: How to Identify and Buy by Chantal Howell Carey

By Chantal Howell Carey

Earn a living in deserted homes presents readers with new principles and very important innovations for each element of deserted estate funding, from picking the ideal homes to effectively negotiating with vendors. there's huge, immense power in deserted houses, and Chantal and invoice Carey clarify every thing you want to be aware of to get started:* Why proprietors abandon houses* discovering deserted houses with revenue strength* finding proprietors and certified purchasers* Writing a foolproof supply for the valuables* Counter-offers and negotiations* Negotiating with proprietors in foreclosures* Financing thoughts for deserted homes* Rehabbing deserted houses for fast fairness* Optioning deserted homes* discovering influenced companions in your offers* funding ideas that concentrate on deserted estate* facing vendors in financial ruin* remaining offers and utilizing escrow

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Call Jon. (972) 555-2455. We called Jon and found out that his wife had multiple sclerosis. They had a two-story home, and Jon’s wife could no longer climb the stairs. They were selling because they needed a one-story home and needed money for medical bills. This was an abandoned property waiting to happen. 8. ” This was the heading of a classified ad we read one morning in our local newspaper. This was a pretty tough situation, but the widow needed to sell after her husband was killed in a traffic accident.

Ask questions of the real estate agent or seller holding the open house. Inform them you are a real estate investor. Tell them you are prepared to make them an offer today if the property fits your parameters. 44 Make Money in Abandoned Properties If you are visiting a property hosted by a real estate agent, the real estate agent will ask you questions in an attempt to get you to agree to work with the agent. Agree to nothing until you read the next section! 6. Real Estate Agents Working with a real estate agent is the sixth way to find an abandoned-property deal.

As in great abandoned-property deals. One day when we were driving, we found a for-sale-byowner sign that looked a little the worse for wear. The sign was on what appeared to be vacant land. We could barely make out the phone number on the sign. When we called the number, it had been disconnected. 10 Make Money in Abandoned Properties We checked the property-tax records and got a name and an address for the property owner. We tried getting a phone number, but again no luck. So we wrote a letter to the property owner saying we were interested in buying their property.

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