Angelica's House

If you are planning to sell your house, do not hesitate to seek assistance from a wholesaler. Wholesalers being in the business for years know what you need and how to meet them. Furthermore they know exactly how to sell the house in a quick time and at a good price.

If you want to sell the house yourself, you may not get best price and may waste a lot of time. In both cases, you would have to face some loss. Wholesalers generally have a number of ways to sell your house. It is nevertheless important to understand what methods a real estate wholesaler would offer you. Having a prior knowledge about what the wholesalers might do would make the selling process and your dealing with the wholesaler easier.There are a number of selling methods the wholesalers might want to exercise. Here are the best methods of real estate wholesaling:

Cash

The first method is cash. Among all other methods, this is the most straightforward method. Wholesalers use this option try to find out a buyer who has enough cash in hand to pay all at once and are ready to purchase a house immediately. If the wholesalers use this method, you would receive the total selling amount of the house in one hand and transfer the house ownership to buyer on the other. However, due to the recent economic crisis, it would be hard, if not impossible, for the wholesaler to find an average American family to be able to pay the large sum of money all at once. So it would be hard for the wholesaler and you to find a buyer who would give the full cash at one go.

Seller finance

Another feasible option that the wholesaler might exercise is seller finance. A wholesaler can arrange seller finance for you. Under this option you would act as a bank while selling your house. In the process of selling, you will earn some interest amount.

Most Americans do not have full cash in hand to pay for the house purchase, and therefore they require some sort of financial assistance. Being the seller of the house and also the financial assistant, you have the choice to give buyer the option to pay the purchase price of the house through a number of installments. If you opt for allowing the buyer to pay through installments, you are actually helping the buyer by reducing their burden and at the same time gaining yourself. The additional interest that you earn for allowing the buyers to make the payment in installments is an extra profit that you make.

In such seller finance method, there are several ways of receiving the payment. You can ask for ‘interest only payments’, ‘principal only payments’ or a combination of both. You will also have to decide whether to ask for a fixed rate interest payment or a variable rate. The wholesalers would be able to guide you in deciding which method you should use.

Subject to

You can also sell the house to prospective buyer "subject to" the existing financing. Subject to is one of the non-traditional methods of selling a real estate. In such method, the lender is not contacted; the institution that owes the money is contracted instead. Under this method the mortgage of the house stays in the sellers’ name, while the property is transferred to the name of the buyer. In other words by selling your house "subject to" existing mortgage means that the buyer do not assume the loan; you are still responsible to pay off the liability. This method transfers shifts self dependency to dependency on the investor to make the payments.

Options

The real estate wholesaler might advice you to offer the option method in selling your property. Here, you would enter into an agreement with a wholesaler or a buyer to sell the house for a specified price at a specified period of time. Normally when buyers feel that value of the houses will go up in future, they go for an option agreement. From the sellers’ perspective, you will know in advance that on a particular future date, your house would be sold at a predetermined price. You would receive an option consideration premium as well. You will be a gainer if the actual house price declines in the future, as you will be receiving a higher price as agreed earlier. However, there is a chance to lose if house prices rise in the future. You should consult thoroughly with your wholesaler before taking this option.

Lease-option

Lease option has become a popular investing program over the years. It in fact offers renters an option to purchase a house in a two-year period. By entering into a lease option, you are agreeing to sell the house at a later, pre-arranged date and price. And you would receive payments till transfer of ownership to the buyer. It means the buyer will be giving you payments (normally 5-10% higher than the usual rent) for the house over the two years – from starting of the agreement till the end date.

It is wise to consider all the methods available before choosing the one that best suits the situation. So think carefully and consult with the wholesaler before taking the decision. Good luck!

Hey guys and gals. So when ever I have spare time, I drive around neighborhoods to find vacant houses.  These are boarded up usually and quite raggedy.  Sometimes these come from inherited properties after a loved one has died or a tenant simply ditching the house.

Let me tell you a little about what I do. I'm a wholesaler. "What is that?"  I'm glad you asked. I simply find vacant properties or people in need of selling their house.  Once I get in contact with the owners, I find out if they are willing to sell the house at a discount. We agree upon a price on paper. I then flip the contract to a buyer that purchases the house. Let's say a house is worth 100k fixed up.  It's need a little tlc. The owner's husband/wife has passed and they can't afford to fix the house. That's when I come in. When I speak with them, we agree that I can purchase the house for 40k. I find a buyer that's willing to buy that property. I'll sell that contract for 45k. That's 5k for me, for finding the property for them!

Some investors don't have the time to drive around in different neighborhoods looking for beatup houses. This is where YOU come in. This is called bird dogging. Another word for it is a property scout. They find beatup houses for investors. I'm looking for a few myself. I'm looking for a few people who can refer me and my buyers to raggedy property.  These are distressed properties. They will have high grass, mail piled up, just signs that no one occupies the home. One important thing though, please, no war zones. These are areas where every other house is vacant. A lot of investors will not invest in these type of homes.  Try to find descent areas, where there is some kind of development around. If ever you are interested in this kind of work, these are the steps I need you to take to get started.

-Find vacant houses (or For sale by owner. No property with a realty sign in front please!) You may simple know someone who needs to sale their home

-Gather information (street,address,zip)

-Please take pictures of the properties. Also take pics of each side of house facing the street so to better sense what type of neighborhood we are looking at. (3 will be good)

-Once you get that information, send your name & email along with the lead.

I will track down the sellers, talk with them to see if they are interested in selling. If they are, and one of our buyers close on the deal, you will receive $500.  This is an easy way to make a little cash on the side.   My email is [email protected]. Are you interested? You can start today

Do you want to sell your housein Houston fast? Do you want to get rid of your disputed property? Contact us and we will help you in selling your home quickly. We will even help you in finding a new home and at a cheaper price.

Angelica’s House is a team of real estate wholesalers who purchase properties from customers who cannot afford repairs of their homes or who are in need of urgent cash or who just want to vacate their property due to some personal reasons. We buy property in almost all conditions. Our service helps in getting your cash fast which was otherwise locked within your property. We will even help you in selling your home and free yourself from any commitments linked with the house.

If you have a Charlie (an unwanted property), then our experienced team will understand and work with you to get the best solution in getting rid of your property. If you need to sell your property within a few days or longer, we can find the best solution for you. Once we agree on a price of sale, we sell this property to a cash buyer. A cash buyer is someone who can buy a house in a matter of days. So you can get your full amount of money within 7 to 21 days approximately.

If you are looking out for a new home, then our experts can help you with it. If you are a first time home buyer or if you want to buy it as an investment, whatever are the reasons, buying a home is a complex process. Our experts will help you in finding the right home keeping your terms and conditions in mind and within your estimated prices. We will show you as many different types of houses you want and in whatever location you are interested in, so that you can get your dream house easily and without much of hassles.

“Girl, I can’t afford these repairs by myself”, is what a girlfriend of mine told me about 2 years ago.  She was going through a bad divorce.  Her husband had moved leaving her with major home repairs and the mortgage.  She wanted out, BAD!  She noticed a sign in her subdivision that said “We buy Houses”.  So she called and talked to an investor.  He came out and looked at it.  She told me he made an offer.  It wasn’t much, but she felt she had no other choice or much room to wait so she took it.

About a year later, I saw a sign that said “We buy houses”.  It just made me remember the sign my friend saw.  I started focusing on the "we buy ugly houses commercials" as well.  I Google searched them and found that a lot of those sites were owned by wholesalers.

Wholesalers?  What is that?  In a nutshell, they are investors that find homeowners that are very eager to sell their property.  They NEED to sell and very quickly. Most investors purchase properties significantly below appraised value.  They agree upon a price and then the contract is sold to another investor who is actually buying the property.  As an investor’s personal shopper, the wholesalers are then paid a fee for finding properties.

I was so excited because you don’t have to have money to do this.  So I’ve been doing research on how to make it happen for myself.  I've been learning a lot and now it’s time to start implementing what I’ve learned. Wish me luck!