Wednesday, February 26, 2014

CLIENT CASE - VANESSA

My first deal was a Short Sale back in 2007. This was actually given to me as a referral from one of my apprentices. Yes, at the time I was engaged in teaching others how to start and run a successful Real Estate business. Yes, I'm still doing that and if you'd like more information on how you can get involved feel free to contact me about it.

Anyway, Vanessa was a victim of loan fraud which was running rampant at the time. She purchased a 1 bedroom 1 bathroom condo for $425,000 in Normandy Isle, Miami Beach. This was considered a norm at the time but today that same unit is worth about $45,000. Who knew how far prices would have dropped in only 7 years.

When I approached her she had no idea how she was going to handle her new debt of half a million dollars. During this time the markets was already beginning to collapse. I was able to negotiate the loan down to $126,000.00 and purchase the property myself. 

After the ordeal was over Vanessa was able to get her financial life back in order and start fresh with a clear mind WITHOUT a foreclosure mark on her credit. This deal produced several more referrals in the same apartment complex hence I was able to help several more property owners in the same way I was able to help Vanessa. 

Eventually a developer purchased the entire building, demolished it and started a new project around the middle of 2013. By that time everyone had already been short sold or foreclosed on (if they hadn't called me.)

The experience is one that I'll never forget as this has allowed me to break through to the pre-foreclosure and short sale markets of South Florida. Since 2007 I've helped a countless amounts of property and home owners out of bad situations. The convenience of being able to work with a competent buyer who is able to purchase a property in cash within a very short time is priceless. The ability to avoid the lengthy process of listing a property with a Realtor and waiting for it to sell should be avoided like the plague especially if you know that you've got to receive cash quickly or move into a new location within a short time frame. 

It does not matter what your situation is, I can always find a way to help. Even if you're not interested in selling and want to STAY in your home and STOP or prolong the foreclosure as long as possible - I can still help you. All you have to do is pick up the phone and make a short, simple and sweet call to (786) 231 9362.

What I do, I do for you.

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