This might be a dumb question, but why do they not sell if properties have appreciated? For example, the Lake Worth property has not been listed in the market for sale. I am very curious as to why if there is potential to sell it for more than what is owed? I know that I am missing something and do wish to understand.
@PreforeclosureKing Жыл бұрын
They often do list the homes for sale, but they have limited time and it takes 30-45 days to secure financing. If they’re unable to immediately find a buyer and can’t delay the foreclosure proceedings, they will have to settle for $10k cash instead of destroying their credit and walking away with nothing. I assume those that don’t list them are working on an alternative solution to selling.
@raoulpierre-louis8623 Жыл бұрын
How could I get in touch with you? I hope some of these houses are still available. I am very much interested in buying
@raygunn4036 Жыл бұрын
Excellent info. How can we work together if I finance some purchases and your expertise to flip these properties for equitable profit splits
@jeffhines6899 Жыл бұрын
I will do 50-50
@raygunn4036 Жыл бұрын
@@jeffhines6899 . .. depending on the amounts required.. I'm open to splits as long as you're also matching for 50:50.
@raoulpierre-louis8623 Жыл бұрын
When are you going to have new video for Palm Beach County Pre-foreclosure homes
@PreforeclosureKing Жыл бұрын
Sorry about the bit of lag, I'll make sure it's fixed by next video.
@spanky1458 Жыл бұрын
Do you have contact info on that 2200 place
@eliweiss5119 Жыл бұрын
What about 18631 Northeast 7th Court North Miami Beach what is owed on the mortgage??
@bestclips7223 Жыл бұрын
With the ones with a bunch of equity why would the owners do subject to instead of just sell themselves before foreclosure?
@PreforeclosureKing Жыл бұрын
They often do list the homes for sale, but they have limited time and it takes 30-45 days to secure financing. If they’re unable to immediately find a buyer and can’t delay the foreclosure proceedings, they will have to settle for $10k cash instead of destroying their credit and walking away with nothing. It’s all about timing.
@bestclips7223 Жыл бұрын
@@PreforeclosureKing makes sense! Thanks for the reply! Do you offer help securing some of these deals?
@raoulpierre-louis8623 Жыл бұрын
Want to make offret
@KoosWerkloos Жыл бұрын
gpt content
@Tashawn612 Жыл бұрын
How do U finalize the sale if the owners are still in the homes?
@PreforeclosureKing Жыл бұрын
It’s in the agreement that they leave the home just like a traditional purchase.
@Tashawn612 Жыл бұрын
@@PreforeclosureKing I’m running into a substantial work man comp claim I’m lookin to leave this Minnesota snow every time I come there I never want to come back. I need your email info I’m looking to pay full in cash I’m willing to blow half of my bag on a home to own right out
@PreforeclosureKing Жыл бұрын
@@Tashawn612 Preforeclosureking@protonmail.com
@Tashawn612 Жыл бұрын
Tell us the difference between foreclosures and pre foreclosures🤔 with a pre are U saving the current owners loan giving them the ability to come back to get their home after a certain time?
@PreforeclosureKing Жыл бұрын
@@Tashawn612 With preforeclosures, buyers often try and purchase a home subject to its original loan. This is where the title changes hands but the loan stays in the sellers name, and the buyer agrees to pay off the remainder.