In today’s economic climate the odds of coming across a client that is in the situation where bankruptcy or a short sale is their only way out it not that unlikely. Your clients maybe looking toward you for advice on which way is the better route to take. It will all depend on a per client bases. Do they owe more on the property then what its worth? Other things to keep in mind are that once the property owner goes into the bankruptcy status and the foreclosure begins to take effect the owner can stay in their property longer as well as buy them time from their creditors. If you would like some more information give us a call at 760-476-1535. We are Theory Corporation, a real estate investment firm primarily focused on multifamily units across the United States. You’re welcome to join are net work, it’s FREE!! Visit www.MFdeals.com and sign up for your free account.
Posts Tagged ‘short-sales’
What to do when your seller is filing for bankruptcy or a short sale?
Thursday, October 22nd, 2009Time is of the Essence
Friday, July 17th, 2009Over the last three years the residential real estate market has experience great change due to the U.S. economy. The amount of foreclosures has exceeded those in our past history. The amount of banks that have closed has been at an all time high. Over all, if you have cash or if you can get a loan, the time is right to purchase real estate.
The same chain of events that developed over the last three years in residential real estate is just getting started in the commercial arena. My phone is ringing off the hook every day with calls about short-sales, REOS, and pre-foreclosure multifamily projects. That is why I created MFDeals.com. MFDeals.com is a social networking website for serious investors to meet, share and discuss current Real Estate Market information.
We are actively seeking serious investors with cash to capitalize on this market crisis. If you have a minimum of $500K liquid cash to invest in multifamily contact us and we will include you on our next project. For more information call us at 760-476-1535 or join our network FREE at www.mfdeals.com.
We are Theory Corporation, a real estate investing firm. We specialize in multifamily project, but we’re open to discuss any other projects.
