DrRE

Michael, I'm in MI. and I have sent again the landlord tenant laws to the sellers in Utah. Something is terribly wrong here, I think I lost some papers. I will expand my search. Steve I agree and there may not be a problem, I'm watching the place, they may have left. Thanks, Herbster

Last August I did a CA. T/B is 2 weeks past getting a mortgage. Won't pay anymore. I triple check everything I do but for some reason there is no signed lease signed by T/B. Everything else has been signed. Seller wants to evict, says they need the signed copy. Whats a Herbster to do? I figured there are enough signed papers that would indicate there must have been a lease.

I agree with Equity Notes as I have read and listed to Eddie also. It seems as though investors wanting to seller finance properties either have to be licensed to do so or work with a mortgage broker. Thats a big blow to that exit strategy. Another issue I have is that my 2 M brokers I work with don't know anything about it. Herbster

I sure do like the humor over here. Herbster

Lately I've had a rash of sellers that want my services but they refuse to sign anything. Of course I explain why I need their signature, this even applies to a non-exclusive agreement. Thanks, Herb

In my opinion they are different but I personally consider them the same for one simple reason, how can you force someone to purchase? You can't, you could sew I guess but still have an unsold property. Just think about it, in todays economy someone might lose their job and not be able to purchase. Herbster

Two weeks and two replys but no business. Honestly I haven't tried very hard. Show my new Lake property(LO) tomorrow and picked up a great country ranch on a straight option. Seems as though I get more out of staters and 6 month replys. Herbster

Hi, Does anyone have a quick link to these? I need to read them again and its been difficult for me find. Thanks, Herbster

Randian, My local market is probably smaller than yours. There is usually a 1 - 1&1/2 page list every day. I renew my posts in the mid to late afternoon so its upfront. If I deside to see it every day I use 2 accounts(emails). I'm tempted to post twice a day with a different heading "Can't Sell yur Home, No commissions"

I put it right where people look, in homes for sale. I figure everyone else is posting things there that don't belong so why can't I. Did it this afternoon, if it works I'll share how well. Herbster

Thanks Jason, Actually I ve had good luck with the backwards email thing and yes it was from WP, I took it off her facebook post.

Since craigslist ads in my area are getting away with murder, I thought it was my turn. Here's my post: Heading: Can't sell your home, may want to Rent? Post body: We could be a perfect match. I'm looking for Lease Option or Rent to Own homes and buyers for. No Realtor commissions, we are not Realtors. Contact Herb @xxx-xxx-xxxx Please just a few questions: - Where is your home located? - How much are you asking for your home? - How much would you rent it for? - How many bedrooms and bathrooms does it have? Email reply to moc.liamg@XXXXXXX email is backwards to prevent spammers. Thank You, Herb xxx-xxx-xxxx OK blow it apart, I borrowed something similar from a LO lady guru.

In my area all the major Lenders require 1-2 years seasoning before the rent would be considered. The only exception was my local credit union which required none. This information I got from 2 Mortgage Brokers, visiting Banks and such. It put a big hurt in my business. Herbster

Well the deal went through Michael but I got had slightly. Made 3k which should have been 5K. Since, I've alleviated this from ever happening again. I now have a form (that I will make sellers sign) stating my required profit and that its at my sole disgression if I choose to take less. No signature, No worky for you. I was an oreo between 2 Realtors on this one. The outcome was sufficiant, hell I had it sold in 1 week. herbster

YOU GUYS he he he. I haven't had much luck with FRBO's myself but when I do look for them I weed out the management co's and realtors by using SearchTempest, the old craigslisthelper. Herbster