Searching for properties outside the MLS
My Story...
By Bradley
Hello and welcome to my blog. This is a post regarding being a home buyer, I wanted to inform you about a wonderful service I used as a resource to purchase homes.
My most important lesson in buying a home was that homes are being sold all the time which are not part of the MLS system. The MLS system is used by real estate agents to share information about homes they are in contract to sell for the owner. Even though this is an advantage, it is a disadvantage for someone who wants to know about all homes they can buy. For example, what most real estate agents cannot help with are FSBO's, New Construction, Foreclosures, and Bank Owned Properties.
Why? Because they will not make a commission telling or showing you these homes. Seller is not obligated to pay a commission and their is no commission incentive for the agent.
FREE Foreclosure Property Search - Join Now It's FREE!
So how can you know about all these other homes you can buy?
Some of the stories you will hear about:
Thankfully, there is a website I came across months ago which helped me buy a home directly from a seller who was not able to afford paying their mortgage payment. They had lost their job, credit was ruined and could not refinance their loan and pull out money. They were in desperate shape. I know who that feeling is so I knew what they were going through. Though they did not want to talk to me at first, I was later able to save them from having their home foreclosured on and able to get their equity out for them buy buying at a little below market value. I knew that once the lender foreclosed their equity would dissapear and it was nothing to let go of.
FREE Foreclosure Search - Join Now It's FREE!
They are now renting locally and are on track to pay off their debt and start to rebuild their lives. These are good people and did not deserve to be in this type of situation. We are still friends. Lets face it, sometimes bad things happen to good people and this was one of them.
Here is the site, I want you to check it out. You can sign up for free.
FREE Foreclosure Search - Join Now It's FREE!
By Bradley
Hello and welcome to my blog. This is a post regarding being a home buyer, I wanted to inform you about a wonderful service I used as a resource to purchase homes.
My most important lesson in buying a home was that homes are being sold all the time which are not part of the MLS system. The MLS system is used by real estate agents to share information about homes they are in contract to sell for the owner. Even though this is an advantage, it is a disadvantage for someone who wants to know about all homes they can buy. For example, what most real estate agents cannot help with are FSBO's, New Construction, Foreclosures, and Bank Owned Properties.
Why? Because they will not make a commission telling or showing you these homes. Seller is not obligated to pay a commission and their is no commission incentive for the agent.
FREE Foreclosure Property Search - Join Now It's FREE!
So how can you know about all these other homes you can buy?
Some of the stories you will hear about:
Thankfully, there is a website I came across months ago which helped me buy a home directly from a seller who was not able to afford paying their mortgage payment. They had lost their job, credit was ruined and could not refinance their loan and pull out money. They were in desperate shape. I know who that feeling is so I knew what they were going through. Though they did not want to talk to me at first, I was later able to save them from having their home foreclosured on and able to get their equity out for them buy buying at a little below market value. I knew that once the lender foreclosed their equity would dissapear and it was nothing to let go of.
FREE Foreclosure Search - Join Now It's FREE!
They are now renting locally and are on track to pay off their debt and start to rebuild their lives. These are good people and did not deserve to be in this type of situation. We are still friends. Lets face it, sometimes bad things happen to good people and this was one of them.
Here is the site, I want you to check it out. You can sign up for free.
FREE Foreclosure Search - Join Now It's FREE!
posted by Victor Caballero at 12:42 PM
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