Comments on: REOs and Inspection Contingencies- Saturday Night Reader Mail

By: Stephani

Stephani — Sat, 20 Mar 2010 12:53:22 +0000

It’s pretty much that way in every market. Most offers get rejected, but some get accepted.

How many offers have you made?

By: Stephani

Stephani — Sat, 20 Mar 2010 12:52:28 +0000

Not sure about the 90 day coaching.

I recommend both courses. His is more expensive, but also more extensive.

By: Stephani

Stephani — Sat, 20 Mar 2010 12:51:13 +0000

I’m not sure where those links are- there’s a search on the site- try using that. Or look under the “videos” category. I think the simul close video is in there.

You can focus on new listings if you want, but there is usually more competition.

By: JIM GOULD

JIM GOULD — Sat, 20 Mar 2010 05:14:04 +0000

Hi Steph,
I live in beautiful Orange county Calif-in the Newport Beach area where houses get all cash offers and multiple offers and back up offers…We have some areas near by that are financially suppressed but I am having problems finding banks that will accept offers on their REOs at much lower than asking–I know you only buy in your area but it doesnt seem possible here – any suggestions???

By: Tony Zamberlin

Tony Zamberlin — Thu, 18 Mar 2010 17:15:59 +0000

steph,
is lee kearney still doing the reo rockstar program/coaching and would he still provide 90 days of access to him?? would u even recommend going that route or just get your ebook and learn from u on here?? thanks alot

By: Tony Zamberlin

Tony Zamberlin — Thu, 18 Mar 2010 17:13:04 +0000

Here to let everyone know that the simeltaneous closing works!! Me and my partner closed an reo deal this past friday and made 3k! Got a land deal that im gonna do the same thing with next friday. lol Thanks alot Steph…

By: Tony Zamberlin

Tony Zamberlin — Thu, 18 Mar 2010 17:08:54 +0000

steph,
i’ve decided to change my focus from selling other peoples deals unless they are killer deals and i can move them for like 4k markup and go after my own reo’s… Yah!!! Can u please send over your simeltaneous closing link and the one where u talked about which deals to focus on and what % below asking to offer on certain ones that are new and ones that have been on market for 6 months or more?? thanks in advance..
I think u said not to focus on new stuff and only go after stuff that has a price drop and stuff 6 months or older right? or only the older stuff ??

By: Stephani

Stephani — Wed, 17 Mar 2010 00:28:46 +0000

Hi Angelica,

No- I never tell them that I plan on wholesaling. It just complicates things.

Most Realtors are going to be turned off when they find out you are just going to re-market the property. You can’t really blame them since they only get paid when the deal sells, ya know?

By: Angelica

Angelica — Tue, 16 Mar 2010 22:08:27 +0000

Hi Steph.

When you’re talking to a realtor, do you tell them your intentions to wholesale the property?

By: Chris Ranney

Chris Ranney — Thu, 04 Mar 2010 13:50:15 +0000

Another great video. I can’t think of any other word to use except that you are an “inspriration”. Appreciate it.