Min. purchase - $10 Million
- Proof of Funds – Funds must be verified prior to placing an order
Please note: The
Buyer name and/or Company name (If a corp. will need state ID# to verify incorporation)
Bank name, Bank rep name and contact info
Account number - Min. last 4 numbers.
proof of funds documentation must include:
All of the above are required in order to verify funds.
- Signed Fee Agreement
- Purchase Order
A purchase order and signed fee agreement must be presented within 24 hours of verified proof of funds.
Purchase order to include:
Price will pay (IE: $.75-$.85 cents on the dollar)
Asset Type – SFR, Multi-Family, Commercial, etc.
State, County, City, Zip Codes
Asset Value Range
- 4 to 5 business days to customize a portfolio based on purchase order preferences
- 48 hour exclusivity to view & decided if you want to move forward with notes and/or REO’s presented.
- If you want to purchase the portfolio, within 24 hours, 1% of the value of the assets must be deposited into an escrow account. ( Chicago Title or Stewart Title Only)
- Upon receipt of deposit into escrow account, will provide all documents (usually electronically) for due diligence. (Deposit is 100% refundable if in due diligence process do not want to proceed)
- Maximum Due Diligence Time – 10 Days (on 10th day remaining balance must be deposited into escrow)
ADD’L NOTES:
If in you discover some assets are unacceptable they can and will be replaced with a new asset. This option is only available either during the 48 hour review of the portfolio or within 3 days of the due diligence process, otherwise all assets must be purchased.
Fernando Young
424.259.3733
Acquisition Director
Click on link to get more info.
http://budurl.com/socalhartfordinvgrp
Friday, March 25, 2011
.Non-Recourse Seller Financing! (NO Qualification)
Newly rehabbed properties with tenants.
Up to 17% cap rate and $400/mo cash flow.
Median prices up 11.3% year-over-year.
Cost of living 15.3% below U.S. average.
Properties up to 25% below market value.
3-year appreciation forecast of 8.3%.
Market Value: $45,000 Rental Income: $750
Price: $43,900 Mortgage: $346
Bedrooms: 4 Property Tax: $38
Baths: 2 Insurance/HOA: $31
Size: 1,225 Property Mgmt: $75
Built: 1924 CASH FLOW: * $260
Parking: Street Cap Rate: 17.0%
Leased: Pending
SELLER FINANCING! (NO Qualification & Non-Recourse) Own it "Free & Clear" in only 10 years!
* Based on a 35% down-payment, and 10-year fixed-rate loan at 7.99%.
WE ONLY HAVE 2 LEFT, LETS MOVE ON THIS.
Fernando Young
Acquisition Director
424.259.3733
Newly rehabbed properties with tenants.
Up to 17% cap rate and $400/mo cash flow.
Median prices up 11.3% year-over-year.
Cost of living 15.3% below U.S. average.
Properties up to 25% below market value.
3-year appreciation forecast of 8.3%.
Market Value: $45,000 Rental Income: $750
Price: $43,900 Mortgage: $346
Bedrooms: 4 Property Tax: $38
Baths: 2 Insurance/HOA: $31
Size: 1,225 Property Mgmt: $75
Built: 1924 CASH FLOW: * $260
Parking: Street Cap Rate: 17.0%
Leased: Pending
SELLER FINANCING! (NO Qualification & Non-Recourse) Own it "Free & Clear" in only 10 years!
* Based on a 35% down-payment, and 10-year fixed-rate loan at 7.99%.
WE ONLY HAVE 2 LEFT, LETS MOVE ON THIS.
Fernando Young
Acquisition Director
424.259.3733
Saturday, March 12, 2011
Invite to learn how to wholesale REO'S
So here the deal,
This Wednesday at 9 PM EST, 6PM PST I am doing a very
special webinar training with one of my friends
that have built a fortune flipping Repossessed
properties. And he's still "crushin' it" even more
so in today's market.
https://www2.gotomeeting.com/register/572392034
On this special training we will reveal the following:
1. 4 Simple Easy to Follow Key Methods that my guest
has been consistently using in order to get rich with
Repossessed properties.
These strategies include:
-His Repo Quick Cash Method that can have you with
a check in your hands in as little as 7 days
-One of his 5 Repo Wholesale Methods that he uses
in order to turn and burn repossessed properties
- And lots more...
2. We're also going to talk about the state of the
real estate business in today's market because we want
to clear up some of the misconceptions that's going on
in today's market.
There are HUGE opportunities in today's market and the
investors that know what they are doing are all eating.
You can too!! We're going to show you how.
And lot's more!
Here's the deal, as you know I have thousands
of subscribers and clients that receive my newsletters
and emails everyday. On this particular webinar I can
only invite a certain amount of investors to join us
on the call. Spots are limited.
If you want one of the spots that are available
then you need to click on the following link, register
for the special training, and show up early.
https://www2.gotomeeting.com/register/572392034
Keep in mind that even though you register you will still
have to show up at least 10 minutes early to secure your
spot.
If you really want to know how to make money in today's
market whether you have no money or experience, or if you
do have money and want it to grow, then you need to be
on this special webinar.
Register for this special private "closed door" webinar
Wednesday March 16, 2011 at 9pm EST/8pm CST/7pm MST/6pm PST
https://www2.gotomeeting.com/register/572392034
I truly hope that you are one of the investors that
can get a spot on this webinar. This opportunity will
change lives.
Talk soon!
Fernando
socalhartfordinvgrp@gmail.com
http://budurl.com/wholesalereos
This Wednesday at 9 PM EST, 6PM PST I am doing a very
special webinar training with one of my friends
that have built a fortune flipping Repossessed
properties. And he's still "crushin' it" even more
so in today's market.
https://www2.gotomeeting.com/register/572392034
On this special training we will reveal the following:
1. 4 Simple Easy to Follow Key Methods that my guest
has been consistently using in order to get rich with
Repossessed properties.
These strategies include:
-His Repo Quick Cash Method that can have you with
a check in your hands in as little as 7 days
-One of his 5 Repo Wholesale Methods that he uses
in order to turn and burn repossessed properties
- And lots more...
2. We're also going to talk about the state of the
real estate business in today's market because we want
to clear up some of the misconceptions that's going on
in today's market.
There are HUGE opportunities in today's market and the
investors that know what they are doing are all eating.
You can too!! We're going to show you how.
And lot's more!
Here's the deal, as you know I have thousands
of subscribers and clients that receive my newsletters
and emails everyday. On this particular webinar I can
only invite a certain amount of investors to join us
on the call. Spots are limited.
If you want one of the spots that are available
then you need to click on the following link, register
for the special training, and show up early.
https://www2.gotomeeting.com/register/572392034
Keep in mind that even though you register you will still
have to show up at least 10 minutes early to secure your
spot.
If you really want to know how to make money in today's
market whether you have no money or experience, or if you
do have money and want it to grow, then you need to be
on this special webinar.
Register for this special private "closed door" webinar
Wednesday March 16, 2011 at 9pm EST/8pm CST/7pm MST/6pm PST
https://www2.gotomeeting.com/register/572392034
I truly hope that you are one of the investors that
can get a spot on this webinar. This opportunity will
change lives.
Talk soon!
Fernando
socalhartfordinvgrp@gmail.com
http://budurl.com/wholesalereos
Tuesday, March 1, 2011
Record Portion of California Homes Bought With Cash
February 28, 2011
The share of Golden State homes purchased with cash rose to a record level last month as investors and others took advantage of lower prices and less competition during the market’s winter doldrums, a real estate information services reported.
Last month 30.9 percent of all new and resale houses and condos sold statewide were bought without a mortgage – the highest level in at least 23 years, according to San Diego-based DataQuick Information Systems, whose statistics go back to 1988. Last month’s cash figure was up from 28.9 percent of sales in December and 28.5 percent a year earlier.
January’s high point follows a record year for cash deals in California. Last year cash buyers purchased 27.8 percent of all homes sold, up from 26.0 percent in 2009, which was the prior annual peak.
The trend extends well beyond California. For last month and for all of last year, the portion of homes bought with cash climbed to peak levels in DataQuick’s statistics across much of the West, including the Phoenix, Las Vegas, Reno, Denver, Portland and Seattle regions.
The all-cash deals were transactions where there was no indication in the public record of a purchase mortgage recorded at the time of sale. Some of these “cash” buyers could have used alternative financing arrangements outside of a typical, recorded purchase mortgage. Also, in some cases cash buyers might be taking out mortgages after their purchases.
Over the past decade, cash buyers purchased a monthly average of 13.9 percent of the homes sold in California, though since November 2008 the cash level has been above 20 percent.
For the past couple of years all-cash deals have become far more common in lower-cost markets where prices have dropped sharply, luring investors and other buyers who either can’t qualify for a traditional mortgage, or who simply view housing as a relatively attractive place to park their money. Moreover, using cash can get you to the head of the line if there are multiple offers on a property, given sellers favor the relative speed and certainty of all-cash transactions.
Last month 51.9 percent of those paying cash were absentee buyers, meaning their property tax bills will be sent to a different address. In most cases this indicates the buyer is an investor, though in vacation markets a fair number would be second-home purchasers. Of the cash buyers who appear to be owner occupants, it can’t be determined from public records what percentage bought for purely investment reasons, perhaps with a plan to sell after prices start rising again.
Foreclosures are a big target for cash buyers, but not the only target. About 52 percent of the homes purchased with cash in January had been foreclosed on in the prior 18 months.
The median price paid for a Golden State home purchased with cash last month was $160,000, down from $175,000 in December and $164,000 a year earlier. That compares with a median of $239,000 last month for all homes sold statewide.
The median-size of a California home purchased with cash last month was 1,344 square feet, with 3 bedrooms and 2 bathrooms. The median size of resale single-family detached houses bought with cash was 1,443 square feet, while for resale condos it was 1,050 square feet.
Last month resale houses made up 75.3 percent of the cash sales, while resale condos were 22.2 percent and all newly built homes just 2.5 percent.
The median age of existing single-family houses bought with cash last month was 41 years, while it was 29 years for existing condos.
Of the 247 California zip codes that logged at least 10 cash sales last month, 60 saw cash buyers purchase more than half of all homes sold. Of those 60 zip codes, 25 were in Riverside, San Bernardino and Sacramento counties.
Some of the larger counties that saw a record share of sales go to cash buyers last month were Contra Costa, Fresno, Orange, Sacramento, Santa Clara and Solano counties. Although most of the state’s 58 counties did not see a record level of homes purchased with cash last month, enough of the larger ones saw a record or a near-record level to pull the entire state up to its highest point for any month since at least 1988. (Many of the state’s large counties did see a record portion of homes bought with cash in all of 2010, compared with all other years back to 1988).
Percentage of homes sold to buyers paying cash
County/Region
Jan-10
Jan-11
Peak month since 1988
10-yr monthly avg
Los Angeles
26.30%
24.60%
26.40%
10.60%
Orange
24.20%
27.40%
27.40%
11.30%
Riverside
36.30%
35.80%
37.40%
16.70%
San Bernardino
36.10%
38.60%
38.80%
15.90%
San Diego
28.00%
28.00%
29.10%
12.60%
Ventura
22.70%
21.30%
43.00%
11.00%
SoCal
29.60%
29.50%
30.10%
12.90%
Alameda
25.40%
25.50%
28.10%
10.40%
Contra Costa
29.60%
32.00%
32.00%
12.60%
Marin
26.10%
29.90%
32.20%
15.80%
Napa
32.20%
31.90%
33.70%
13.30%
Santa Clara
22.20%
26.30%
26.30%
12.50%
San Francisco
25.40%
21.90%
25.60%
13.10%
San Mateo
24.50%
25.40%
25.50%
10.70%
Solano
27.90%
35.90%
35.90%
13.30%
Sonoma
27.50%
28.30%
34.60%
14.80%
Bay Area
26.00%
28.70%
28.70%
12.40%
El Dorado
19.40%
34.80%
37.70%
18.00%
Fresno
31.10%
35.00%
35.00%
15.90%
Kern
28.50%
35.80%
36.50%
16.90%
Madera
33.60%
48.60%
48.60%
22.90%
Merced
46.70%
46.50%
48.00%
20.70%
Monterey
30.40%
31.50%
36.20%
13.70%
Nevada
37.20%
28.20%
37.70%
23.10%
Placer
30.50%
28.50%
32.60%
17.70%
Sacramento
31.80%
37.50%
37.50%
13.90%
Shasta
36.90%
37.30%
37.30%
21.40%
San Joaquin
32.50%
34.10%
36.10%
13.70%
San Luis Obispo
25.70%
27.50%
34.30%
18.10%
Santa Barbara
25.00%
33.90%
33.90%
14.70%
Stanislaus
31.70%
37.10%
37.10%
14.60%
Sutter
23.60%
34.20%
36.80%
15.20%
Santa Cruz
26.50%
31.90%
35.70%
13.80%
Tuolumne
37.00%
39.50%
46.70%
25.40%
Tulare
27.70%
31.60%
32.40%
16.70%
Ventura
22.70%
21.30%
43.00%
11.00%
Yolo
19.50%
22.40%
31.90%
11.70%
Yuba
20.30%
22.70%
33.70%
14.60%
California
29.50%
30.90%
30.90%
13.90%
Source: DataQuick Information Systems
Also, If you have listings, deals. Let me know if you need help, buyer or cash we can help.Call me, Im know for given away tons of free inf, 424.259.3733 office number.
Here the link to our informative Blog.
http://hartfordinvgrp.blogspot.com/
The share of Golden State homes purchased with cash rose to a record level last month as investors and others took advantage of lower prices and less competition during the market’s winter doldrums, a real estate information services reported.
Last month 30.9 percent of all new and resale houses and condos sold statewide were bought without a mortgage – the highest level in at least 23 years, according to San Diego-based DataQuick Information Systems, whose statistics go back to 1988. Last month’s cash figure was up from 28.9 percent of sales in December and 28.5 percent a year earlier.
January’s high point follows a record year for cash deals in California. Last year cash buyers purchased 27.8 percent of all homes sold, up from 26.0 percent in 2009, which was the prior annual peak.
The trend extends well beyond California. For last month and for all of last year, the portion of homes bought with cash climbed to peak levels in DataQuick’s statistics across much of the West, including the Phoenix, Las Vegas, Reno, Denver, Portland and Seattle regions.
The all-cash deals were transactions where there was no indication in the public record of a purchase mortgage recorded at the time of sale. Some of these “cash” buyers could have used alternative financing arrangements outside of a typical, recorded purchase mortgage. Also, in some cases cash buyers might be taking out mortgages after their purchases.
Over the past decade, cash buyers purchased a monthly average of 13.9 percent of the homes sold in California, though since November 2008 the cash level has been above 20 percent.
For the past couple of years all-cash deals have become far more common in lower-cost markets where prices have dropped sharply, luring investors and other buyers who either can’t qualify for a traditional mortgage, or who simply view housing as a relatively attractive place to park their money. Moreover, using cash can get you to the head of the line if there are multiple offers on a property, given sellers favor the relative speed and certainty of all-cash transactions.
Last month 51.9 percent of those paying cash were absentee buyers, meaning their property tax bills will be sent to a different address. In most cases this indicates the buyer is an investor, though in vacation markets a fair number would be second-home purchasers. Of the cash buyers who appear to be owner occupants, it can’t be determined from public records what percentage bought for purely investment reasons, perhaps with a plan to sell after prices start rising again.
Foreclosures are a big target for cash buyers, but not the only target. About 52 percent of the homes purchased with cash in January had been foreclosed on in the prior 18 months.
The median price paid for a Golden State home purchased with cash last month was $160,000, down from $175,000 in December and $164,000 a year earlier. That compares with a median of $239,000 last month for all homes sold statewide.
The median-size of a California home purchased with cash last month was 1,344 square feet, with 3 bedrooms and 2 bathrooms. The median size of resale single-family detached houses bought with cash was 1,443 square feet, while for resale condos it was 1,050 square feet.
Last month resale houses made up 75.3 percent of the cash sales, while resale condos were 22.2 percent and all newly built homes just 2.5 percent.
The median age of existing single-family houses bought with cash last month was 41 years, while it was 29 years for existing condos.
Of the 247 California zip codes that logged at least 10 cash sales last month, 60 saw cash buyers purchase more than half of all homes sold. Of those 60 zip codes, 25 were in Riverside, San Bernardino and Sacramento counties.
Some of the larger counties that saw a record share of sales go to cash buyers last month were Contra Costa, Fresno, Orange, Sacramento, Santa Clara and Solano counties. Although most of the state’s 58 counties did not see a record level of homes purchased with cash last month, enough of the larger ones saw a record or a near-record level to pull the entire state up to its highest point for any month since at least 1988. (Many of the state’s large counties did see a record portion of homes bought with cash in all of 2010, compared with all other years back to 1988).
Percentage of homes sold to buyers paying cash
County/Region
Jan-10
Jan-11
Peak month since 1988
10-yr monthly avg
Los Angeles
26.30%
24.60%
26.40%
10.60%
Orange
24.20%
27.40%
27.40%
11.30%
Riverside
36.30%
35.80%
37.40%
16.70%
San Bernardino
36.10%
38.60%
38.80%
15.90%
San Diego
28.00%
28.00%
29.10%
12.60%
Ventura
22.70%
21.30%
43.00%
11.00%
SoCal
29.60%
29.50%
30.10%
12.90%
Alameda
25.40%
25.50%
28.10%
10.40%
Contra Costa
29.60%
32.00%
32.00%
12.60%
Marin
26.10%
29.90%
32.20%
15.80%
Napa
32.20%
31.90%
33.70%
13.30%
Santa Clara
22.20%
26.30%
26.30%
12.50%
San Francisco
25.40%
21.90%
25.60%
13.10%
San Mateo
24.50%
25.40%
25.50%
10.70%
Solano
27.90%
35.90%
35.90%
13.30%
Sonoma
27.50%
28.30%
34.60%
14.80%
Bay Area
26.00%
28.70%
28.70%
12.40%
El Dorado
19.40%
34.80%
37.70%
18.00%
Fresno
31.10%
35.00%
35.00%
15.90%
Kern
28.50%
35.80%
36.50%
16.90%
Madera
33.60%
48.60%
48.60%
22.90%
Merced
46.70%
46.50%
48.00%
20.70%
Monterey
30.40%
31.50%
36.20%
13.70%
Nevada
37.20%
28.20%
37.70%
23.10%
Placer
30.50%
28.50%
32.60%
17.70%
Sacramento
31.80%
37.50%
37.50%
13.90%
Shasta
36.90%
37.30%
37.30%
21.40%
San Joaquin
32.50%
34.10%
36.10%
13.70%
San Luis Obispo
25.70%
27.50%
34.30%
18.10%
Santa Barbara
25.00%
33.90%
33.90%
14.70%
Stanislaus
31.70%
37.10%
37.10%
14.60%
Sutter
23.60%
34.20%
36.80%
15.20%
Santa Cruz
26.50%
31.90%
35.70%
13.80%
Tuolumne
37.00%
39.50%
46.70%
25.40%
Tulare
27.70%
31.60%
32.40%
16.70%
Ventura
22.70%
21.30%
43.00%
11.00%
Yolo
19.50%
22.40%
31.90%
11.70%
Yuba
20.30%
22.70%
33.70%
14.60%
California
29.50%
30.90%
30.90%
13.90%
Source: DataQuick Information Systems
Also, If you have listings, deals. Let me know if you need help, buyer or cash we can help.Call me, Im know for given away tons of free inf, 424.259.3733 office number.
Here the link to our informative Blog.
http://hartfordinvgrp.blogspot.com/
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