Scared shirtless

I went to this real estate seminar last week that talked about a technique where you can find houses that are for sale by owner, and if the owner is willing to finance the purchase, you put it under contract.  You can then assign your contract to another buyer (as long as the contract specifies that, and the seller is ok with it).  You then go find a buyer who has crappy credit but money for a downpayment and a steady income, and you assign your contract to them.  During the period which the seller is financing, you have the buyer work with a credit repair specialist and a mortgage broker to qualify for a traditional loan.  The win for the seller is that they can generally get their full asking price and not pay realtor fees.  The win for the seller is that they get a house at today's price and someone to help them through the financing process.   Is your brain numb yet?

Anyway, it sounds logical to me, but I just got my first seller to agree, and I'm scared crapless.  This is definitely new and crazy and totally non-traditional.  I'm meeting with my attorney to go over all the legalities and make sure I get all the appropriate documents signed.  CRAZY!!!  SCARY!!! AHHHHH!!!

Comments

Post a Comment

Popular posts from this blog

Deliberate. The adjective, not the verb.

I'm getting so excited for our move.  SO EXCITED!  I'm going to finally spend adult time with my parents (which I'm sure will be infuriating and full of unintended consequences, but also awesome.)  They will be a daily (or maybe weekly) part of our lives for as long as we have them.  This is a deliberate choice, maybe a crazy choice, but one that I embrace with the little knowledge I have of the actuality of it.  I may miss the weather, but life is about people to me, not things. I'm going to live 0.4 miles away from my best friend, and 3.7 miles away from my sister.  I'm going to do real estate.  Matt is going to do a business adventure with his best friend.  This is a deliberate move.  This is a deliberate life.  This is a rebuttal to all the times people say, "I wish I could... but I can't."  Because the thing is, "There's enough time in  your life for everything important."  You are given only one life on this plane...
Read more

The Perfect Social Media Life

Watching a little Gary Vee this morning and his rant on caring about what other people think.  (Everything he does is a rant.  But an awesome rant.  I As intended, it caused me to reflect on my social media persona and think about why I post.  Honestly, I post because it's a bit of a yearbook for me.  I love documenting the great stuff, because my brain forgets (in about 0.2 seconds), and I especially love when Facebook reminds me of my memories.  I'm not trying to convince the world that I have the perfect life - I DO have the perfect life.  It's full of family and friends and experiences.  Shelter and safety and amazing food.  In fact, sometimes I DON'T post because I don't want people to compare their lives and feel lacking.  I just want to remember this amazingness for the days when it's not amazing.  Gary Vee posits that we post fantastic stuff because we crave other peoples' validation on our daily lives.  But I know eve...
Read more

All sorts of congratulations

Image
We'll start with family... The event of the season! Lisa and Tom's wedding was this past weekend and I'm exhausted, but in a good way. My family (God bless 'em) can be so tiring... :) The wedding itself though was a phenomenal success. We got everything set up in time, the key players all showed up for the ceremony (though my parents were almost late because Colby threw a massive temper tantrum about putting on his suit), and the weather was perfect. They did a tropical/bbq type theme at an old estate (Joanna Furnace) with an accordian playing DJ. He was actually pretty good :) Saturday morning we girls went to get our hair/makeup/lives done, and Shakes was nice enough to accompany us and take pictures. Link is on the top left :) We made it to the church about a half hour before the ceremony to change and hang out, only to realize that by putting our dresses in the dryer to de-wrinkle, they had been almost ruined by a wayward dryer sheet. Other women would have panicked...
Read more