Houses Bought CASH!!!
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September 8th, 2009 at 9:01 am
Do a cash out refi. BTW – If you are 23 & own 20 houses outright – then that advice isn't free. Send money via paypal to my username
September 8th, 2009 at 9:25 am
It's always the better route to avoid being in debt.
If you don't have a mortgage payment you're financially free. You won't ever have to live in fear of losing your job and being out on the street because you won't be able to make your mortgage payments anymore.
Personally I'd live in the old house forever and rack up huge savings by not having a mortgage and retire earlier.
September 8th, 2009 at 2:54 pm
what they do is give you 10k up front ask you to sign the home over to them with a phony escrow and then the scoot when the deed is transferred I WOULD NOT DO IT
Atlanta is the king of fraud ALL TYPES
Insurance
Mortgage
dating sites
checks
everybody in atlanta wants to be the next Puff daddy at any cost
September 8th, 2009 at 4:08 pm
You actually hit the nail on the head. Most people wouldn't be carrying around that much actual cash. The transaction can be done via cashier's check, bank wire, or similar process. All of those are much safer than walking around with a few hundred thousand dollars in a suitcase…but I bet they aren't as much fun!
September 8th, 2009 at 6:06 pm
You say you have the deed to the house.
You need to go to the County Recorder's Office immediately and record that deed.
If you record the deed that you say they gave you, that will put the title to the property in your name.
September 11th, 2009 at 4:30 am
September 11th, 2009 at 5:59 am
You should avoid ALL of them. These folks are in business to make a profit. If they buy your house for anywhere near market value, how will they make a profit in reselling it ?
Expect to be offered somewhere around 75%-80% of current market value for a quick sale to these folks. Their business is buying properties BELOW market value, and then reselling them for what they are worth.
September 11th, 2009 at 3:09 pm