Ask Fernando
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1. How do I raise cash to purchase Real Estate for myself or investments? 1. How do I raise cash to purchase Real Estate for myself or investments?
The exception to this rule is that if you are borrowing the money against an asset that you already own, then the lender will allow it. This exception opens up many possibilities for the person with assets but little cash. Do you have a house full of beautiful furniture? Diamonds?, other real estate? a rich family member. . Whatever the case, you can go down to your local finance company and take out a loan using that asset as collateral and use the money as a down payment on that property you're after; and contrary to popular belief, you probably don't need to raise as much as you think. If you, were buying the above mentioned property with an FHA loan, the lender would require a total investment on your part of only about 6% to 7% of the sales price (in many cases, even less),or around $6,000 dollars, and that includes down payment and closing costs. So, expect to pay $6000 for each $100,000 the property costs.on a property that costs. Here is an actual example of this method in use... I had a couple walk into my office who wanted to buy their first investment home in Frederick Maryland with a credit rating in the LOW 600's and they felt they could afford payments of about $1200 dollars per month. They had three problems no cash , a combined income of only about $3,000 per month and a low credit rating Although, they felt they could afford $1200 per month, with $3000 per month income, there was no way a lender could be convinced, especially with no down payment. So, at first glance their case was hopeless. However, they had one asset... Four years prior, they had bought a home. I decided there was probably a way to work it out; so we went house hunting. In no time we had found the perfect home for them; 3 bedrooms 2.5 baths in a greta neighborhood in Frederick. The price was $210,000 dollars. But there was still a problem. Not enough income to qualify and no down payment. Here's what we did... Some lenders have what is called a no qualifier loan. What this means is that if you have good credit and put, at least, 25% down, they will not require the usual, time consuming verifying of income. They will take at face value whatever you tell them you earn. I knew that if we could raise the 25% down, about $52,000, we could get my clients qualified by simply stating a higher income for them. But where to get $52,000? As I said earlier, they had bought a home. They had approximately over $76,000 in equity over what the house was valued for. Some banks will lend up to 90% loan to value on owner occupied properties. In other words, if you live in the property they will lend up to 90% of its value minus any existing encumbrances (loans). . I had my clients do exactly that.. . they refinanced, they had the money for the downpayment and I even got the sellers to pay for all their closings costs. Their new monthly payment is $300 more than before. Their new townhouse is bringing over $400 above the rent they are getting. . bringing a total of $100.00 positive cash flow every month! yeah, yeah, I know that one hundred dollars these days will not fill up my Hummer's gas tank but. . . the potential exists for this property to go up in value 5%, 10%. 15% in the next 3 years. Profit from rents = $3600 Profit when selling: FROM $10,500 to $31,500 TOTAL PROFIT = UP TO $42,000.00!!! from making $36,000 per year working week after week to making $42,000.00 IN ONE SHOT . . and to top it all off, they already told me that as soon as they can borrow against their new townhouse when it goes up in value. . . they will be calling me again! Buying homes is a passion I like to pass on to all my clients. It's sooo exciting to paint a beautiful picture in creative financing and see the smiles of all my clients when it works. . . That's why I see myself working at 3AM at the computer. . . I can't wait to find the next GEM!! 2. How do I do it with no cash? Not Only No Cash But YOU MAY Get Cash Back at Closing !!!! To refer to this section as real estate investment is actually wrong. What we will be discussing is actually no investment at all! And in one case, you could almost call it reverse investment because instead of putting money into the transaction, absolutely nothing down, you could actually be taking money out at the closing while still owning the property. That's right, Cash back at the closing. In the long run, I think this is my advice that will be of the most benefit for the most people. You will learn a number of ways to buy property without investing one cent and without using any of your present assets as collateral. The thing you need to keep in mind, is that although, these methods will work for anyone, they will not, necessarily, work for all properties or with all sellers. During real estate negotiations, there is a common saying, "You give me my price, I'll give you your terms.". When buying a property with nothing down, you need to take the attitude that your main concern is long term profits not short term gain. The reason for this is that if the seller is giving you such great terms that you don't have to put a penny into it to buy it, chances are that he will, at least, want a reasonable price for his property. The flip side of the coin is that if you can provide a sizeable chunk of cash, there is a good possibility that he will be much more flexible on price. But, since we are assuming that you do not have the cash to work with, your main criteria for a purchase should not be price. Although, at times, you will find an exception to this rule, the point I am trying to make, is that if you insist on waiting for the great price, for every property you buy, you will probably pass up nine that over a period of a couple of years could have made you thousands of pesos in profit! Although, everyone has their own criteria for determining their investment strategy, here is what I think is important: I don't feel that it is necessarily very important that you purchase the property substantially below market value, but I do think it is definitely and obviously important that you don't pay too much. The main concern here is that it does not cost you anything to buy it. Cash Flow, it is important that the rents you receive on the property are roughly equal to or greater than the mortgage payments plus taxes and insurance. Many people feel that they can afford a negative cash flow of $100 or $200 per month (like a $100 or $200 dollars in the hole more than the rent you'll receive). This, in the long run, limits you because there are only so many properties you can afford if they are each costing you negative cash flow per month. Also, I've seen investors who thought they could handle these kinds of "negatives" only to find that they had buried themselves financially and eventually ended up losing their investments. CAUTION: If you don't create borders for the limits of your investment boundaries. .you risk to lose everything. HINT: Set your boundaries NOW!. . and then invest with no fear. ( as long as you stay inbounds. . .you are making money regardless!) Please understand what I'm saying here. . you set your level of criteria and you can buy properties with your eyes closed! For anyone who has ever taken a real estate course, this STATEMENT is going to be a shock. I don't think location is that important. FALL IN LOVE WITH THE DEAL . . NOT WITH THE LOCATION! you are probably taught that the three most important features of a property are "location, location and location." But I'm a firm believer that any property is a good investment regardless of the location IF YOU GET THE RIGHT PRICE AND TERMS! The most important thing you should ask yourself when buying a property is will it pay for itself? Even if you don't buy it for ten or twenty thousand below market, if it pays for itself, it is a gold mine. Why? Even though you haven't made a dime yet, you are immediately reaping the many tax advantages that are still available as a private investor. Also, as I mentioned earlier, your goal should be long term profit. There is hardly any area in the U.S. that, with the exception of normal business cycles, real estate does not consistently go up in value (yeah. . right!) Different areas appreciate at different rates, but it is usually going up right along with rents.In the Maryland area and all around DC, the jobs market is always putting pressure in the amount of people living here. . DEFENSE is the key word here. . as long as there is people trying to blow us up. . we are going to invest billions in defending our country! Who is the benefiary for all this jobs?. . .THE WASHINGTON METRO AREA Real Estate Market. . . That's who! and for all my smart investor clients that call me it creates a huge opportunity... JOBS, JOBS, JOBS!!! Let's say that in the next year you buy five houses for a total of $1,250,000.00 . . THAT'S $250k per house( if your are not quick in math). We'll further assume that you've purchased them at face value. . meaning you are paying full price but you have NO NEGATIVE CASH FLOW Just a net 10% TOTAL increase in the next 3 years will make you $125,000.00 How much you will have to work to make this much money? The average american works 2080 hours to make a yearly salary of $60,000.00 What I'm saying here is that if you are stopping yourself from realizing the TRUE American dream because of your fears. . . YOU WILL COME UP SHORT AT THE END Go back and read the part where we talk about the boundaries. . set them up, call me if you need help on this and enforce your criteria and BUY ALREADY!!! for the regular Joe, this maybe to risky But for the person with some vision, this is very exciting! The appreciation rate on real estate varies greatly nationwide, but in the Maryland area, we should stay on top of this list just because generous. . . Uncle Sam lives around the corner. What you need is a great person on your corner. . . is like a trainer for boxing. . you need someone you can count on and give you the right advice and take care of your cuts. You need a REALTOR that has done it, that has put his money where his mouth is and one that will guide you to complete your desire to become financially independent working with your bank's money!. . . . .ahhhhh . . , I love AMERICA!!! I love Real Estate and I would love to help you! 3. What can you tell me about flipping properties? I am now, going to show a way to flip properties and how to find the creative financing method which although is perfect for the right situation, can be unatainable if by now you don't realize that my help as a profesional is the KEY thing for you. .This will allow you to buy the home with not only no money down, no cash out of pocket but actually gives you cash back at the close of escrow. But again, you going to have to trust me on this one, I'm not crazy enough togive you all my secrets unless you call me and see the value of my services. . . .I don't mean to disrespect my fellow co-workers but. . if they can't see for themselves the value in investing in real estate. . .how could they help you make you any money? In your search for real estate you will eventually run into a property that is run down and needs substantial rehabilitation. The seller is tired of this property. .more likely he or she has gone trough a bad tenant experience. . .the ones that will ruin your Thanksgiving dinner becuse their toilet does not work. . and to find later that their kid wanted to send a hero toy to their next adventure by flushing them down the pipes!. .(Hey, I speak by experience. . trust me on this one!) When a property is run down and needs substantial work, often, we will find the seller is willing to take a small amount of cash and "carry back" the balance. But even with all the work this property needs, let's assume that this seller insists on taking a sizable amount of cash at closing. With the right principles in place, we can initiate a no money down deal by financing a big chunk and asking the seller to finance the rest. . . The seller in ths case can easily convert this note in all cash by selling it to OTHER investors. . yes it will cost paying some money but he or she will be getting READY CASH at the end! Or you may explain to the seller that you are willing to give him his price and the cash that he wants out of the transaction. However, you cannot afford to take over the property in its present condition, but since at full price, you don't expect him to pay for any work on the house, you'll take over and you propose this: MR SELLER, I THINK I HAVE A SOLUTION TO YOUR PROBLEM. . . . . 1) Sales price YOUR ASKING PRICE to be $200,000.00 2) My buyer to obtain a first mortgage in the amount of $160,000.00 3) You the seller to carry back a second mortgage in the amount of $40,000. 4) . . and last not least. The seller to credit to buyer at closing $10,000 for repairs. Need some more money for closing costs?. . . don't fear! a good mentor of mine used to say to me: In this country you don't get what you deserve. . you get what you negotiate! Hopefully around this time is when you realize that using Fernando as your Realtor could be good for you. . . You could actually come up wit $10,000 for repairs at end of this closing. . . you can pay yourself or pay one of my business partners in repairing the place. What if you don't use all $10,000.00 to complete all the improvements in the property? Well you can give it back to the seller or you can give it to yourself. . .both of these methods are completely legal. . .I would hope you will ask me for my advice on this one and you will be watching Deal or No Deal in your brand new PLASMA in no time! . Let's say that I found a super deal that you just have to have, but, in spite of your financing situation, no matter what you do, you can not figure how to do this deal done. Thsi is where having a good Realtor pays for itself. . . I can lead you to water. . and if you let me. . . I'll wash you over and make some kool-aid for you! I just hope if nothing else, this will convince you the VALUE of a REALTOR for all your investments. . !You are one relationship short in making LOTS of MONEY. . use the people that have thier noses buried in real estate 24-7 . . if your Realtor is making money . . . .YOU ARE TOO!!! 4. Fernando, what about closing costs? Another reason for not going into detail is that when structuring no down transactions, they take on less importance, because they do not have to be paid out of your pocket. In any transaction that is being structured to bring cash into the deal, you can usually stipulate that the seller pay all closing costs. in a buyer's market this is common except for all my listings. . . .Hey, I can't help if they can't negotiate for their sellers. . .all I know is in all my listings I'm a fierce negotiator and usually get the MOST MONEY for "MY CLIENTS" In some cases when the seller does not like that solution as well as you do, then just raise the price of the property by the amount of the costs. That way it still does not cost the seller anything and it does not have to come out of your pocket. Then where does it come from? Closing costs will always have to come from the money that you raise to go into the transaction. If you know that you can get a loan from the finance company, and the closing costs are going to cost you more at closing. . then you can raise the price of the house and finance teh closing costs together with the loan. That's right. You can even borrow the closing costs. Isn't that GREAT?! You will then increase the amount of the second note pay a little more money in the end but you're still coming up with A NO MONEY DOWN DEAL!. Real Estate in Maryland and the surrounding areas is full of deals that will pay for all your closings costs. . . .all you have to do is ask. . I mean. . let me do the asking for you! 5. Fernando, where do you fit in on this? Whose paying your commision? You buy a great investment My brokerage makes commision from the seller (Yes I'll admit it is my brokerage and my group) The seller gets to sell his/her property And at the end. . I gain the trust of a valuable client for life so when you are thinking in buying or selling real estate in Frederick, Germantown, Gaithersburg , Montgomery Village , Bethesda, Rockville, Potomac or any of the surrounding areas. . . you will call for my real estate services 6. How Can I find the best investment properties? It is truly a WIN WIN for the both of you. . . A good Realtor that understands investments is HARD to find . . unless you dial 240-426-5754 (*wink-wink) 7. What Can you do for us? with an "armed realtor"! Take the guesswork out of your next real estate transaction. Are you looking to buy with nothing down? Is your credit situation such that you need to buy via a Rent with Option To Buy? But you’ve heard the horror stories of how they don’t work for the buyer? Want to sell a difficult to sell home and feel that in order to maximize your price you need to structure a creative transaction? Want to sell via Rent With Option To Buy ? WHO ARE YOU GOING TO CALL? Whatever you are trying to accomplish with your real estate transaction—if you need creativity, you need US !All our training and experience is available for your use. . we have the GUNS!! WE KNOW HOW TO BE CREATIVE AND GET THE RESULTS YOU ARE LOOKING FOR! and best of all. . . our expert consultation with Fernando or one of our associates is FREE !o when buying. . .We are people with track records of success in the industry and who are completely trained with the principles discussed just with one goal. . . to make our clients money! Our services includes consultation and we laid out the PLAN you will need to perform a straight purchase with NO MONEY DOWN , RENT w/ Option to BUY, CLOSING COSTS HELP, SELLER CONTRIBUTIONS, NON-CONTINGENCY CONTRACTS , FULLY ASSUMABLE PURCHASES, NEW CONSTRUCTION INVESTMENTS, FLIPPING PROPERTIES, CONDO CONVERTIONS. . WE WILL EVEN HELP YOU GET YOUR MARGINAL CREDIT HISTORY UP TO PAR . . "subject to" fully collaborating with our 'lender" partners. Let us knock you off your feet with the quality of our services. And if that’s not simple enough—call us. That’s what we're here for. Have a question? Don’t know how to get started it? Give us the pertinent facts and we will give you workable, viable options that will allow you to buy or sell at the best possible price and terms. Right now, at this very moment, you may dream or ACT. . . We have all our knowledge at your fingertips. WE HAVE THE GUNS It’s free! You can stay up all night watching infomercials. . .or you can call us! You can pay HUNDREDS of DOLLARS for NO MONEY DOWN DEALS. . read them for a few days and store them in your closet or you can call us and let us do all the WORK! If you are "wishy-washy and can not make up your mind at Mcdonalds if you want your hamburger with cheese or no cheese after waiting for five minutes and having 5 people behind you. . . don't call me. . you are wasting my time and yours. . . If you have invested a small fortune in books of How To Get Rich in Real Estate and they are collecting dust under your bed. . . .don't call me either. . I'm not your guy! But if you realize that you need the right tools, a professional REALTOR supporting your goals and the desire to make a positive change in your life? Then, YOU MUST CALL ME! We provide the tools and the support. We will answer any question to help you structure any deal. The rest is up to you. My name is Fernando Herboso, founder of Herboso & Associates and ex-chairman for the Education Comittee at his former Real Estate Company what I'm offering is NOT A GET QUICK RICH SCHEME but a sensible solution to all your problems to give you the options that will make a difference in your life years from now. . . you can contact me directly at 240-426-5754 or email me at : Fernando@ReallyNiceHomes.com We speak English and Spanish. . . . How Can I Help You? 8. WHAT? Aren't you going to see the property before you buy it? After hearing the facts of the property I told her . . "I want To Buy It !" "Don't you want to se it first?" Nope!, I saw enough already. . I want to buy it at your price and we'll close in a few days. . "She said DEAL!" What's my point here, in the surface, I may be perceived as a risk-taker to the extreme. . after all we were talking about a property priced at nearly $300,000.00 ! My point is exactly what I'm preaching to you. . if you get your boundaries and your criteria as clear as possible. . you can't lose. . even if you do not see the property! By talking to your Realtor, you will end up with your criteria, This must be defined according to your plans and capacity to perform as stated in the contract you will be writing. . . for me it was a no-brainier. My boundaries I set for myself kept me from buying on impulse or chicken out when the opportunitty was there staring at me on the face. . . BOUGHT IT. . kept it for 2 months.. . and SOLD IT! Profit? I had enough to fill up my Hummer with gas. . and a little more! 10. Why Should You Buy Real Estate As Investment In Maryland?
11. Fernando, how can I find HUD properties?
12. How do I initiate the buying process for a HUD property? How much money is needed? 13. Are there any conditions I need to know when purchasing HUD PROPERTIES? Another conditions that you must follow is when that your contract has to match the bid you submitted to begin with, which must be received within 48 hours. HUD will put the property back on the market or offer it to next bidder if it is not received within 48 hours. They will not wait for you. When you become our client, we will guide trough this process and advice you as your best "move" should be. It is a big decision buying a property and you should not try doing it alone. . after all the rule is that the SELLER and NOT THE BUYER pays the commission to the agents. That's right they pay us money to help you get the best deal possible from them. . . isn't that great? If you are still interested in HUD properties in the State of Maryland, please call us at 240-426-5754 and we will be glad to help. 14. Fernando what about Sheriff Auctions for buying Real Estate? What's the risk? Public Auctions or Sheriff Auctions are not for the novice real estate investor. Generally they are the most risky time to purchase foreclosed property. This is not to say that they can't be an overwhelming profit center. There is no doubt that auctions can yield major returns. What happens at an auction is generally very similar in Virginia and Maryland . Sometimes they will auction the property in a courtroom and others will literally auction the property on the courthouse steps. At an auction there will typically be a referee who handles the bidding. Most likely there will be a representative from the bank that is foreclosing, and there will be some investors present, and others just interested in what is happening. The bidding at an auction will start at whatever is owed to the bank, plus legal fees. Lik foreclosures, auctions are a good time to buy property at below market value. Buying below market value will give you equity. I have seen properties sell for half price at auctions, although rare it happens. . . You can find great deals at auctions, but there are also many pitfalls, particularly of novice investors. One major obstacle with auctions is you generally need to pay cash, on the spot, for the property. This alone eliminates 95% of people from buying at auction. Another drawback to auctions is that the homeowner is given a redemption period. Typically, the redemption period is six From the time the house sells at auction, the homeowner has the right to buy it back for what it sold for plus interest. This means you could buy a house at auction and might have to sell it back to the original owner during the redemption period. Additionally, if the homeowner does not move out at the end of the redemption period, it becomes your responsibility to remove the tenant through the eviction process. This could be tricky if you have an irate person still thinking that you are taking away his home. Eve if the law in on your side, you have to plan for a lenghtly court process to get them out. Public auctions are very easy to find. Just call me and I will share my list of auctions to come in the near future. 15. Fernando Why Isn't My home Selling? Reason #1 Your price maybe too high Reason #2 The condition of your home Reason #3 Location, location, location Reason #4 Your marketing campaign is out of steam Reason #5 "The market is slow" This is the time when you should demand from your Realtor guidance. . . experience, having a clear goal how to market your home and having the resources to invest in selling your home should be your priorities. If you hired your neighbor's son just because he just passed the Realtors exam after the fourth try. . . you may want to question your priorities. What's more important to you? keeping peace with your neighbor or calling the best Realtor to do the job? Reason #6 Your home isn’t easily accessible Reason #7... You have an agent nobody likes 16. Fernando, how can I tell my Realtor is good? Are you making the right choice? You can usually pick and feel the right bananas at your grocery store, but hiring a Realtor requires more than looks, feel and if they look the part. A few questions to consider before hiring a Realtor. Is the Realtor up to date with all of the current laws and legislation in the State of Maryland regarding real estate? A part time Realtor does not have the time to keep current with all the changes and be efficient for it's clients. Is the Realtor someone who knows the areas in which you are trying to find a home? Does the Realtor have knowledge of the current market values? Does he/she know danger signs to look for when viewing a property, such as non-permitted construction, cracks in walls,under the carpet, mold or lead-based paint? Does the Realtor have an in depth understanding of all provisions of a real estate contract? Think about this way . . his/her knowledge is your protection blanket and assurances you are getting full representation. The answers to all of these questions are extremely important when it comes to hiring the right Realtor. Whether you are buying a home, selling your home or relocating to the area, the decisions that you make can cost you a lot more than just time or money. Be careful when you choose representation. Is this person a just a Real Estate Agent or a TRUE COMMITTED PROFESSIONAL REALTOR? Warning Do not hire a Realtor just because your Aunt Edna passed her Real Estate examination afte her her third try!... The results you will get are directly proportional to your Realtor's experience.
17. Fernando what about remodeling and repairs before I sell my house? Home Repairs and Maintenance Renovations and Remodeling 18. Fernando, can I borrow to come up with a Down Payment? For example, if you are buying real estate in the State of Maryland, if you take out an equity line on your present house, you can use those funds to make the down payment on your next home. A lot of people do this when they intend to rent out their previous home and keep it as an investment. It also works in case you aren't certain of the housing market, you may want to wait to sell your home and take advantage of a buyer's market. Since equity lines are very inexpensive, it is a simple process to line one up before you put your own house on the market to sell or to rent and begin looking for a new home. That would allow you to make a "non-contingent" offer, giving you more validity as a potential buyer. As long as the loan is secured, you can borrow for your down payment. If you own a car free and clear, then get a loan from your credit union against the car, that is an acceptable source of funds. If you have a stock portfolio and borrow against it, that is also an acceptable source of funds. Of course, the payment on the loan is counted as one of your obligations when calculating your debt-to-income ratios. A cash advance against your credit cards is not a secured loan. Therefore, it is not an acceptable source of funds. Neither is a signature loan from your credit union. Neither is a loan from your friend or family member. The loan must be secured against some asset you own. When I have a buyer's consultation, I ask several questions and then give you the possible options for your case. It is very important that you seek the advice of a knowledgeable real estate agent, his/her advice could cost you thousands of dollars five years from now. I don't think anyone has ALL the answers for you but knowing the basics and who to ask makes all the difference in the world. So, call me for a NO-OBLIGATION consultation with me and I promise you will be wiser and have a clear mind of what would your next step should be. 19. Fernando, real estate in Montgomery and Frederick counties have appreciated considerably these past few years, I own real estate investments in Gaithersburg, Montgomery Village, Germantown and Frederick. . What’s the future for all my real estate properties? The casual observer might imagine achieving real estate success is as simple as buying a "how-to" book or attending a weekend seminar with real estate celebrities like Donald Trump, Robert Allen or a host of others. But ask any real estate professional who plies his trade with a cell phone, laptop and PDA full of contacts built up one transaction at a time, and the truth is evident. Our Team of professionals are people that make their living one transaction at a time. They are supposed to be on top of the economy and real estate pulse and how it affects our clients. It is my job as a team leader of my associates to clear this image for them to and see clear answer for all your concerns. With the popularity of the internet and technology growing by leaps and bounds it is realistic to assume that it will have a huge effect on how the real estate industry is run. Most likely this is the reason you are on this site. Today, more and more people are turning to the internet to do their own research on real estate properties, mortgages, the market, and a plethora of other facets of real estate. Today's home buyer is more educated, well versed, and ready to enter negotiations on a prospective property. Most realtors already have websites that display pictures of featured homes and descriptions of the home in a place such as Germantown, Gaithersburg Frederick, Clarksburg, Damascus, Urbana. . Etc. Many of these websites also have lots of articles and information on real estate to assist their clients on their purchase. . But what is next for the web savvy consumer looking for a Realtor in the near future? Websites are getting ever more sophisticated with interactivity, sound, maps, and other tools to assist the client. Agent websites of the future will be more than a resource; they will be completely interactive and engage the user throughout the entire process. We will have a process that will easily be able to upload video tours of properties for our clients to watch before ever contacting us, much like the popular home video directory Youtube.com. This will take a lot of work from us so we can concentrate in the fiduciary services we provide to all our clients and essentially it will allow you, the home buyer to do your research from the comfort of your own home. Websites of the future are not very far off. My vision for ReallyNiceHomes.com is that within the next 5 years you will see these complete interactive experiences come alive as soon as you come to our website. You will take control of your search for your next purchase. We will facilitate you with a complete “Virtual” real estate store that will take you step by step from your very first visit to your financial options and the actual search of homes that match your criteria. . . eventually I envision my clients to just visit one home before they make their decision. 20. FERNANDO: I’m looking at CONDOS FOR SALE in Germantown, Montgomery Village, Gaithersburg and Frederick. . What is the best real estate buy. . . CONDOS or Townhouses for sale? 21. Fernando, I need to SELL MY HOME in Frederick FAST, I’m going in Foreclosure soon... can you help me? If your foreclosure has gone public, chances are you've been contacted by other investors whom you might deem as a bit unscrupulous. However, unlike these other investors, we will not take advantage of your unfortunate situation. We simply add some basic information about your home on this website and subscriber’s list and just wait for all the offers to come in! It is that simple! Our specialty is to move quickly to meet your needs, no matter what they are. Our investors in this website buy houses from people in all types of situations, whether it's a divorce, job transfer, behind on payments, no equity, upsizing, downsizing, probate, or you simply need to sell quickly. These are just a few of the reasons that many people have sold their homes to us. We are also strong in providing assistance to FIRST TIME BUYERS in Maryland. We have access to literally thousands of programs with our preferred partners that will simply MAKE IT HAPPEN for them. I have been called the “MIRACLE WORKER” from families that were pass over by Realtors because they couldn’t help them. Until I help them. I know what it takes to help someone BUY their first home. . My problem is that they give up too quickly and believe what others said to them. . .” Your credit’s screwed up!. . Sorry . .can’t help you!” Well, I’m here to tell you that YOUR CREDIT it’s no match to the people I assembled together to help FIRST TIME HOME BUYERS! There is no "Crystal Ball" that can predict the future. Your home may be sold to one of my first time home buyers, let us negotiate and get the your house sold for a profit, while you focus on a speedy recovery from your hardship. 22. Fernando, what about Real Estate Frauds. . How can I protect myself before I buy Real Estate in MD? Currently under general conditions a Realtor may take loan applications and seek out loans for buyers. Many of my colleagues do just that. I do not. It is my contention that this is a conflict of interest. I’m good at what I do because I spend 100% of my time doing Real Estate full time. If dabbling in loans and real estate, it is my opinion that nothing would be done in excellence but be done in a mediocre way. We are not Jack Of All Trades. . Master of None! I leave the loan portion to the experts that I have sought and know follow the same ethics that I demand for my Team and myself. . . who I can unequivocally state and promise you a treatment that will seek the best possible outcome for you and only YOU! When given a referral by me, or one of our staff... you can count on good ethical service. AND TAKE IT TO THE BANK! 23. Fernando, what about all these record foreclosures, how will they affect me? I live in Rockville Maryland and there is one foreclosure to houses down my street. 24. Fernando, what’s your take on real estate in Maryland for the next year? Up or Down? 25. Fernando, what’s your take on real estate in Maryland for the next year? Up or Down?
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