Comments for We Buy Houses

Comment on Have you ever used We Buy Ugly Houses or Cash For Houses?? by linkus86

linkus86 — Fri, 19 Feb 2010 11:36:56 +0000

These types of companies all work under the same business plan. First they find out how bad your financial situation is and the reasons why you called them. Then they either get you to tell them how much your mortgage pay off is or they can usually figure it out based upon other information. Then, appraise the property themselves and if there is enough profit for them to buy it from you and resell it they make you an offer at exactly your pay off amount or maybe $1000 more and give you the hard sell on how their offer is your only way out of foreclosure which will destroy your remaining credit for many years to come and when the lender would eventually liquidate the property the lender would still pursue you for the difference (which is true). All in all you are better off working a short sale with your lender than going this route in most cases.

You have heard of predatory lenders. These company’s are predatory buyers.
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Realtor

Comment on Have you ever used We Buy Ugly Houses or Cash For Houses?? by Doctor Deth

Doctor Deth — Fri, 19 Feb 2010 11:15:28 +0000

they are not going to pay you anywhere near what you hope to get - they buy low - the only way they can later make a profit
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Comment on Have you ever used We Buy Ugly Houses or Cash For Houses?? by Realtoratheart

Realtoratheart — Fri, 19 Feb 2010 11:13:45 +0000

I haven’t heard anything good. They need to buy these for pennie on the dollar. You can do that yourself and save all the fee’s.
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Comment on Why did conservatives buy houses that they would no longer be able to afford once they where laid off? by Morpheus

Morpheus — Tue, 09 Feb 2010 17:57:57 +0000

"Conservatives" aren’t very bright - and they don’t think it can "happen to them". So it’s OK if Li’l Bushy tortures people because "conservatives" know it can’t "happen to them".
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Comment on How do I purchase a homes for low income women who are trying to buy a home but cannot afford to? by Realtoratheart

Realtoratheart — Tue, 09 Feb 2010 16:20:56 +0000

If you qualify for a loan, you take out the loan, then sell to them on a Contract for Deed. Use a professional for this.
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Comment on How do I purchase a homes for low income women who are trying to buy a home but cannot afford to? by dog ma

dog ma — Tue, 09 Feb 2010 16:05:33 +0000

Why would YOU want to purchase homes for people who cannot afford to buy for themselves? If you are that rich and inclined to philanthropy, you don’t need our advice.
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Real estate broker

Comment on How do I purchase a homes for low income women who are trying to buy a home but cannot afford to? by Mortgage Guru

Mortgage Guru — Tue, 09 Feb 2010 16:00:46 +0000

If you mean that they can’t afford the down payment, there are options for USDA Rural Housing loans with 100% Financing or FHA Owned properties for $100 down. If you mean that the women can’t qualify for the loan, and you want to actually purchase the homes for them, then your cheapest bet is to look for trustee sales and tax deed sales on the "courthouse steps."

If you’re interested in referring women to a lender to discuss their options, please use me as a resource. I can waive my front end origination fees to lower the overall cost of closing a mortgage loan.
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years of mortgage lending experience in all 50 states

Comment on How do I purchase a homes for low income women who are trying to buy a home but cannot afford to? by joemoser1948

joemoser1948 — Tue, 09 Feb 2010 15:45:20 +0000

If you "can’t afford to" buy a home why are you even trying to get into one. There are ways to get the down payment, but if you can’t afford the mortgage payments plus the utilities, plus repairs, why do you want to get saddled with the responsibilities.
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Comment on How do I purchase a homes for low income women who are trying to buy a home but cannot afford to? by Matthew C

Matthew C — Tue, 09 Feb 2010 15:42:30 +0000

There are Grant programs available
# up to $5000 and more. Act now.
# GovernmentGrantHelp.us
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Comment on How do I purchase a homes for low income women who are trying to buy a home but cannot afford to? by ladystang

ladystang — Tue, 09 Feb 2010 15:41:13 +0000

same way you would buy a house for anybody.
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