HURRY UP AND WAIT FOR A FORECLOSURE SALE

There are lots of great deals on the foreclosure and short sale market, but be prepared to wait it out while the clueless banks take their time fumbling around with the particulars, some banks are better than others, but most of them are always waiting for an appraisal or to find out if there are any clouds on the title.
If you are renting or in a similar situation where you don't have anything to sell and there is no chain reaction that needs to take place, you are in the drivers seat. Typically it takes about 3 months from start to finish, less if you can pay cash, but be sure that you get a title insurance policy to protect you against any unforeseen liens or encumbrances that may have been overlooked, alot of times in a foreclosure situation the former owner "forgets" to pay taxes and other things like mechanics liens or permanent improvements, the title policy will insulate you against costly litigation and other headaches.
Please contact me if you have an interest in a foreclosure or short sale property, I will help you find the best deals available.

TEAR DOWNS MAKE SENSE

Hi folks, Tom Sachs with Coldwell Banker Residential Brokerage back with you, after living in Florida for 6 years and after a visit to Chicago, where my best friend and my nephew are both brokers, you start to realize just how scarce land is. In Florida and the Chicago metro area the answer is to buy an older house that is in a good location and tear it down and put up a new house, its the only way to get within 30 miles of the downtown areas, well I have been doing research on the practice here in Forsyth & Gwinnett counties and IT WORKS.
There are bargain properties in great locations that are ripe for a tear down, some can even be updated and used as rental properties that can deliver a positive cash flow right off the bat.
I also believe that new houses can be built with either pre-cast concrete, poured concrete walls or the old reliable concrete block, energy efficiency and ranch style homes are going to be the houses of choice in the coming years and most of the good tear down properties are NOT in subdivisions, what a concept.
Please contact me and lets make an appointment to discuss the endless possibilities.

FORECLOSURES ARE A GREAT SOURCE OF REVENUE

Hi folks, Tom Sachs back with you again, the opportunities that foreclosures present are awesome, I'm talking about rehabbing homes that need updating and structural work. This type of endeavor is not for everybody, you really should be proficient in the areas of carpentry, plumbing, electrical and landscaping, this will allow you to maximize the profit that you can realize. Another key to this type of project is if you plan to resell the property, price it so it will sell quickly, don't get greedy, this foreclosure market has a narrow window of opportunity, make your money through quantity instead of trying to enhance the value of one particular house, keep it generic and neutral as far as colors for paint and carpet are concerned. I have access to hundreds of foreclosed and pre-foreclosed properties, give me a call and see what Coldwell Banker and I can do for you.