try to ask the seller some questions over the following beef will we even get
there because we really know based on the area here in DFW what year was built
what kind of materials are in the house we're gonna ask you how old's the roof
how old you have any foundation problems what kind of cabinets do you have bf
granite counter tops what kind of floor leader you have been when has it been
remodeled last so we ask a lot of those questions and it really gives us an idea
of what the condition of the house is some questions over the phone I start
talking about price it's gotta be a price bet you like and that we like and
then we fulfill that contract out and send it to you and you sometimes did
this is all done in person so sometimes it's done over the phone everything done
in the state of Texas and as matter probably throughout the u.s. is done
through a real estate contract we use a contract
it was promulgated by the state of Texas this is not a contract that just our
company uses this is a contract that everyone iron sellers should use we
worked out a time in the next few days we'll make an appointment first time at
the properties probably 15 minutes so we're not there very long we'll just
kind of look at the house we'll take a lot of it
that afternoon of the next day they will hear back from someone at our office and
say hey everything looked great we're moving forward to closing so we've
agreed a price I've signed a contract now you're going to come out for what
purpose just to put our eyes on the property and make sure number one the
house is there and we want people to meet us and know that we're real people
our typical 21 days it can literally close very quickly but there's time I
don't want it has to happen in the state of Texas and that's very typical in a
lot of areas title can get very confusing but we want to make sure that
when we buy the house there's no back liens there's no back judgments or
anything on the house so the title the title company which doesn't want permit
me or doesn't want for the seller the kind of an intermediate party they do
all the background or work and sometimes that can take a day or two you just to
eat it too so a lot of times we can wire the money that day but it's the title
humpin that slows things down three-day how fastest so because we buy I mean
last year in 2016 111 house we think we're very good at what we do look at
houses all day long we probably look to it you know following five hundred
houses last year when we first started you know heard of a lot of these areas
ends and we know the area very well having flipped probably more than three
hundred houses total in the DFW area there's an very rarely is there a street
that we haven't heard of we bind hundreds of houses we know what to look
for we actually do not get an inspection that's something that's very unique
about us because we buy so many houses we know what we're looking at it's what
do I not love too I mean I love walking and seeing the transformation and just
watching it come to life the neighbors love it I mean it's not surprising that
you see a neighbor trying to peek in the windows because you see this stuff on TV
all day long but when it happens right next door
it's amazing how people just like you should be on TV and we've been offered
but or not it we're not a TV production company no we don't call ourselves not
necessarily home flippers we call ourselves residential redevelops
but it doesn't always work out between buyer and seller and there's nothing
wrong with that everything has to be a win-win in business if and we can't
force the seller to sign anything and you know when we ask them over me what
do you need for this property but they tell a surprise and if that doesn't work
for us and it doesn't want for them then the transaction does not take place we
try to give people the fair market value for what they're looking for but it has
to make sense from us
you
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