Feed: Brokers Price Opinion NOT - AggScore: 9.9

Brokers Price Opinion Bad Idea

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The old standby broker price opinion. A way to get cash now.
Really? That's your answer to the current market? Are you sure?
I am a Realtor. As an agent, you might as well have gone into hibernation the last few yrs. I've led a team of buyer agents that has been scratching just to make it. Sales have been way down, and getting it closed has been darn near impossible. Probably like you, I figured that as the number of agents dropped like a stone, there would be enough sales to let the strong make a living. Unfortunately, that just didn't come to pass. Everyone is saying this market was unforeseeable. That's not true if we're honest with ourselves. We knew that third quarter late pays for 2006 were a record breaker.
Like everyone else, I thought broker price opinions were a great option to ride out the storm. The more I considered it, however, the more I found problems with it.
Of course eveyone thinks that doing a broker price opinion eventually gets you foreclosure listings. Nope.

Secondly, your bottomline after costs and time in is way lower than you think.
Lastly, there's not enough work out there to generate real money.
Of course I am preaching to the choir. Your field is real estate and the skills are not transferrable. I have developed a course that is the answer to your prayers. I've stumbled upon a new way to use your skills as a realtor to pull in nutty cash.We're talking huge money. And the money is created at foreclosure auctions. Allow me to explain by telling you how we discovered this.

In 2005, my investor friend and I were doing an amazing amount of deed flips. My investor and I bought a deed from an owner just before foreclosure. We were going to later sell the deed to an investor at the foreclosure sale. For the first time ever, no one bought the deed. In this instance, the only debt against the property was a single mortgage. Our research told us that the home was going to sell for far more than the debt at the foreclosure sale. The point was to sell the deed to one of the bidders. That bidder would then be able to redeem the deed for just what was being foreclosed upon and own the property. The bidder would save quite a bit because the home was bid above the total of the deed cost and the payoff of the mortgage. No one wanted to buy the deed. We could've simply redeemed the deed and owed the home for the deed owed.. But we were stretched on other deals. So after the foreclosure we checked the file to see what happened.
What we found blew our minds. In this case the house sold at auction for far over the amount owed against it. The surplus funds were sent by the foreclosure attorney to the county courthouse book keeper. After some inquiries, we found out that this was the norm. Further inquiries revealed that, as the deed holders, we were entitled to the funds.
The deed had cost us only a few thousand dollars. We were going to end up with over $45K just for owning the deed!
Of course, this changed everything. We went back to the court house to see if we could get a list of other overages that had been deposited. Finally, after asking the right question we got the list for the county. And it was crazy money.
And we found the loophole that would allow us to make way more than a mere finder makes.
Don't delay. Click the link directly below:
Broker Price Opinion Perhaps try this instead


"Every human has four endowments--self awareness, conscience, independent will and creative imagination. These give us the ultimate human freedom . . . The power to choose, to respond, to change."


Stephen R. Covey
charlotte nc homes
charlotte nc homes





The winners in life think constantly in terms of "I can, I will,
I am". Losers, on the other hand, concentrate their waking
thoughts on what they should have done or on what they
don't do.
- Denis Waitley