January 11, 2017 rummy 0Comment

Actions Speaks Louder Than Words.jpg

 

We can hit you with advice and free information until your eyes and ears hurt, but we know when it comes to money most people want to see results.  If we say we’re going to hit the ground running in 2017 there is only one way to prove a statement like that; through ACTION

In our most recent blogs and videos we stressed ACTION; It’s a new year!  Go out there and get it done!  Just DO It!  Well let’s see, it’s only the 11th and already we have a CLOSING to tell you about.  The best part about this sale is the fact that we got the job done where others had given up.

Are you wondering if this is the right time to sell?  Let me tell you a story about this listing we just CLOSED today, then I’ll let you decide. This property was back and forth on the market for about 2 years.  Initial thoughts; 2 years, the problem is probably price.  You read that correctly,” the problem” was probably price.  Listen, there is always a problem.  Whether it’s life or business there is always a problem that needs to be solved and this is where a smart individual seeks the help of an EXPERT.  With this situation, the problem was price.  The seller was not getting the price they wanted.  In 2016 we spoke and put the property on the market. We received several offer’s.  Being that it needed rehab the best offer was cash deal.  After working out the terms this property was SOLD to cash investor.  This is just a taste of 2017.  We promise you this is JUST THE BEGINNING.  We strongly suggest you stay tuned!

Analysis

This market has low inventory. With current mortgage rates, and qualifying requirement being more lenient they got the price they were looking for.  The Cash Investor will renovate and HOLD the Property.

“There is always a way forward if the responsible parties are willing to act.”

― Auliq-Ice

www.NYREEX.com

 

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Rummy Dhanoa - Broker with New York Real Estate Experts