This might be a dumb question, but why do they not sell if properties have appreciated? For example, the Lake Worth property has not been listed in the market for sale. I am very curious as to why if there is potential to sell it for more than what is owed? I know that I am missing something and do wish to understand.
They often do list the homes for sale, but they have limited time and it takes 30-45 days to secure financing. If they’re unable to immediately find a buyer and can’t delay the foreclosure proceedings, they will have to settle for $10k cash instead of destroying their credit and walking away with nothing. I assume those that don’t list them are working on an alternative solution to selling.
They often do list the homes for sale, but they have limited time and it takes 30-45 days to secure financing. If they’re unable to immediately find a buyer and can’t delay the foreclosure proceedings, they will have to settle for $10k cash instead of destroying their credit and walking away with nothing. It’s all about timing.
@@PreforeclosureKing I’m running into a substantial work man comp claim I’m lookin to leave this Minnesota snow every time I come there I never want to come back. I need your email info I’m looking to pay full in cash I’m willing to blow half of my bag on a home to own right out
Tell us the difference between foreclosures and pre foreclosures🤔 with a pre are U saving the current owners loan giving them the ability to come back to get their home after a certain time?
@@Tashawn612 With preforeclosures, buyers often try and purchase a home subject to its original loan. This is where the title changes hands but the loan stays in the sellers name, and the buyer agrees to pay off the remainder.
Sorry about the bit of lag, I'll make sure it's fixed by next video.
Do you have contact info on that 2200 place
Need to finalize this deal
These are very interesting very much interested
This might be a dumb question, but why do they not sell if properties have appreciated? For example, the Lake Worth property has not been listed in the market for sale. I am very curious as to why if there is potential to sell it for more than what is owed? I know that I am missing something and do wish to understand.
They often do list the homes for sale, but they have limited time and it takes 30-45 days to secure financing. If they’re unable to immediately find a buyer and can’t delay the foreclosure proceedings, they will have to settle for $10k cash instead of destroying their credit and walking away with nothing. I assume those that don’t list them are working on an alternative solution to selling.
How could I get in touch with you? I hope some of these houses are still available. I am very much interested in buying
When are you going to have new video for Palm Beach County Pre-foreclosure homes
Excellent info. How can we work together if I finance some purchases and your expertise to flip these properties for equitable profit splits
I will do 50-50
@@jeffhines6899 . .. depending on the amounts required.. I'm open to splits as long as you're also matching for 50:50.
What about 18631 Northeast 7th Court North Miami Beach what is owed on the mortgage??
With the ones with a bunch of equity why would the owners do subject to instead of just sell themselves before foreclosure?
They often do list the homes for sale, but they have limited time and it takes 30-45 days to secure financing. If they’re unable to immediately find a buyer and can’t delay the foreclosure proceedings, they will have to settle for $10k cash instead of destroying their credit and walking away with nothing. It’s all about timing.
@@PreforeclosureKing makes sense! Thanks for the reply! Do you offer help securing some of these deals?
Want to make offret
gpt content
How do U finalize the sale if the owners are still in the homes?
It’s in the agreement that they leave the home just like a traditional purchase.
@@PreforeclosureKing I’m running into a substantial work man comp claim I’m lookin to leave this Minnesota snow every time I come there I never want to come back. I need your email info I’m looking to pay full in cash I’m willing to blow half of my bag on a home to own right out
@@Tashawn612 Preforeclosureking@protonmail.com
Tell us the difference between foreclosures and pre foreclosures🤔 with a pre are U saving the current owners loan giving them the ability to come back to get their home after a certain time?
@@Tashawn612 With preforeclosures, buyers often try and purchase a home subject to its original loan. This is where the title changes hands but the loan stays in the sellers name, and the buyer agrees to pay off the remainder.